FORUM ENERGY TECHNOLOGIES, INC.

FET

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Identification

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Ticker
FET
CIK0001401257
SIC3533
SectorManufacturing
Industry CategoryMachinery
Industry GroupOil & Gas Field Machinery & Equipment

Contact

Address10344 SAM HOUSTON PARK DRIVE, SUITE 300, HOUSTON, TX, 77064
Website f-e-t.com
Phone281-949-2500
CEONeal Lux
Employees1,500

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Standardized Financials

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Intrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals.

For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards.

Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics:

Income Statement
Revenue$807.31 million
Pre-Tax Income$-116.75 million
Net Income$-123.89 million
Net Income to Common$-123.89 million
EPS$-10.06
View All
Balance Sheet
Cash$31.14 million
Assets$790.11 million
Liabilities$470.07 million
Common Equity$320.04 million
Liabilities & Equity$790.11 million
View All
Cash Flow Statement
Calculations
NOPAT$-56.81 million
EBITDA$-37.33 million
Price to EarningsN/A
Price to Book$0.75
ROE-32.34%
View All

Latest News

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Intrinio provides up-to-date news articles on every US company from various sources. Here are several examples:

Why Forum Energy Technologies Stock Skyrocketed by 32% in June

The company announced a contract with the Indonesian Navy. Forum Energy Technologies (NYSE: FET), a somewhat under-the-radar product supplier to the oil and gas and defense industries, saw a dramatic increase in its share price in June. In mid-month, Forum announced that it had executed a contract with the Indonesian Navy for the supply of a submarine rescue vehicle (SRV) system.

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Forum Energy Technologies Announces Appointment of Messrs. Aron H. Marquez and Mark W. Smith

HOUSTON, June 16, 2025--Forum Energy Technologies, Inc. (NYSE: FET) today announced the appointment of Messrs. Aron H. Marquez and Mark W. Smith to its board of directors. Mr. Marquez will serve as a Class III director and as a member of the Nominating, Governance and Sustainability Committee, and the Compensation and Human Capital Committee. Mr. Smith will serve as a Class I director and a member of the Compensation and Human Capital Committee and the Audit Committee.

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Forum Energy Technologies to Supply State of the Art Submarine Rescue System for Indonesian Navy

HOUSTON, Texas, June 12, 2025--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it executed a contract to supply a state-of-the-art submarine rescue vehicle system ("SRV") for use by the Indonesian Navy. The contract comprises an SRV, a launch and recovery system, and a decompression system.

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Forum Energy Technologies to Present at the Sidoti Virtual Small Cap Conference

HOUSTON, June 10, 2025--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, President and Chief Executive Officer, is scheduled to present at the Sidoti Virtual Small Cap Conference on Wednesday, June 11, 2025 at 10:00 a.m. Eastern Time.

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Sidoti Events, LLC's Virtual June Small-Cap Conference

NEW YORK, NY / ACCESS Newswire / June 10, 2025 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day June Small-Cap Conference taking place Wednesday and Thursday, June 11-12, ...

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