Symbols / FET $57.19 -0.59%
FET Chart
About
Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, defense, and renewable energy industries in the United States and internationally. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures, and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation, and intervention markets, including applications in oil and natural gas, renewable energy, defense, and communications industries. This segment also offers drilling capital equipment and consumable products; subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tooling, and technical services; hydraulic fracturing pumps, cooling systems, and high-pressure flexible hoses and flow iron; wireline cable and pressure control equipment; and coiled tubing strings and pressure control equipment, as well as coiled line pipe and related services. The Artificial Lift and Downhole Segment designs, manufactures, and supplies products and solutions for the artificial lift, well construction, production, and infrastructure markets. This segment also offers products designed to safeguard artificial lift equipment and downhole cables; well construction casing and cementing equipment; customized downhole technology solutions, which provides sand and flow control products for heavy oil applications; engineered process systems, production equipment, and separation equipment; and a range of industrial valves. It sells its products through distributors to drilling rig contractors, offshore service companies, governmental organizations, and oil and gas operators and producers. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.
Fundamentals
Scroll to Statements| Sector | Energy | Industry | Oil & Gas Equipment & Se | Market Cap | 650.71M |
| Enterprise Value | 844.58M | Income | -9.66M | Sales | 791.47M |
| Book/sh | 26.24 | Cash/sh | 3.08 | Dividend Yield | — |
| Payout | 0.00% | Employees | 1700 | IPO | — |
| P/E | — | Forward P/E | 18.39 | PEG | — |
| P/S | 0.82 | P/B | 2.18 | P/C | — |
| EV/EBITDA | 15.97 | EV/Sales | 1.07 | Quick Ratio | 0.90 |
| Current Ratio | 2.17 | Debt/Eq | 79.57 | LT Debt/Eq | — |
| EPS (ttm) | -0.81 | EPS next Y | 3.11 | EPS Growth | — |
| Revenue Growth | 0.60% | Earnings | 2026-04-30 | ROA | 1.52% |
| ROE | -3.16% | ROIC | — | Gross Margin | 27.67% |
| Oper. Margin | 6.03% | Profit Margin | -1.22% | Shs Outstand | 11.26M |
| Shs Float | 8.98M | Short Float | 2.13% | Short Ratio | 0.72 |
| Short Interest | — | 52W High | 63.58 | 52W Low | 12.78 |
| Beta | 0.59 | Avg Volume | 224.53K | Volume | 54.51K |
| Target Price | $64.00 | Recom | None | Prev Close | $57.53 |
| Price | $57.19 | Change | -0.59% |
Valuation Models
Price estimates from analyst targets and simple models.
Ratings
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2020-06-30 | down | Piper Sandler | Overweight → Neutral | — |
| 2020-04-22 | main | Citigroup | — → Neutral | $0 |
| 2020-03-19 | down | Barclays | Equal-Weight → Underweight | — |
| 2020-03-16 | down | Morgan Stanley | Equal-Weight → Underweight | $0 |
| 2020-03-11 | down | B. Riley Securities | Neutral → Sell | $0 |
| 2020-03-09 | down | B of A Securities | Neutral → Underperform | — |
| 2019-10-07 | main | Morgan Stanley | — → Equal-Weight | $3 |
| 2019-09-30 | down | Citigroup | Buy → Neutral | — |
| 2019-09-23 | main | Citigroup | — → Buy | $3 |
| 2019-07-30 | main | Piper Sandler | — → Overweight | $3 |
| 2019-07-30 | main | Citigroup | — → Buy | $4 |
| 2019-04-09 | main | Barclays | Equal-Weight → Equal-Weight | $6 |
| 2018-12-03 | init | B of A Securities | — → Neutral | $7 |
| 2018-11-19 | main | Citigroup | Neutral → Neutral | $8 |
| 2018-10-31 | main | Credit Suisse | Neutral → Neutral | $10 |
| 2018-10-31 | main | Citigroup | Neutral → Neutral | $10 |
| 2018-10-02 | up | Simmons & Co. | Neutral → Overweight | $13 |
| 2018-09-19 | init | Morgan Stanley | — → Equal-Weight | $13 |
| 2018-09-17 | main | JP Morgan | Neutral → Neutral | $13 |
| 2018-09-14 | main | Citigroup | Neutral → Neutral | $13 |
News
RSS: Latest FET news- NESR vs. FET: Which Stock Should Value Investors Buy Now? - Yahoo Finance hu, 05 Mar 2026 16
- Why Forum Energy Technologies Stock Is Soaring Today - The Motley Fool Fri, 20 Feb 2026 08
- Forum Energy returns $35M to investors, buys back 11% of its stock - Stock Titan hu, 19 Feb 2026 08
- John Ivascu Sells 4,392 Shares of Forum Energy Technologies (NYSE:FET) Stock - MarketBeat Wed, 04 Mar 2026 23
- Technical Reactions to FET Trends in Macro Strategies - Stock Traders Daily Sat, 07 Mar 2026 18
- Forum Energy Technologies: The Easy Money Is Gone - The Upside Isn't (NYSE:FET) - Seeking Alpha Mon, 23 Feb 2026 08
- Forum Energy Technologies (FET) Is Up 16.7% After Record Backlog And Buyback Completion - Has The Bull Case Changed? - simplywall.st ue, 24 Feb 2026 08
- Forum Energy Technologies (FET) Price Target Increased by 77.78% to 65.28 - Nasdaq Wed, 25 Feb 2026 12
- Earnings call transcript: Forum Energy Technologies beats Q4 2025 forecasts, stock surges - Investing.com Fri, 20 Feb 2026 08
- Top Forum Energy Tech Insider Makes Major Move With Fresh Stock Sale - TipRanks hu, 05 Mar 2026 02
- Is Forum Energy Technologies (FET) Stock Outpacing Its Oils-Energy Peers This Year? - Yahoo Finance Wed, 14 Jan 2026 08
- Forum Energy Technologies (NYSE:FET) Stock Rating Upgraded by Wall Street Zen - MarketBeat Sat, 21 Feb 2026 08
- Forum Energy (NYSE: FET) SVP nets 8,619 shares after equity awards - Stock Titan hu, 19 Feb 2026 08
- 3 Best Momentum Stock Opportunities (KALU, FET, FNLPF) - Yahoo Finance Wed, 18 Feb 2026 08
- $250M credit line gives Forum Energy room to cut debt, pursue deals - Stock Titan Wed, 04 Feb 2026 08
Insider Transactions
| Date | Shares | Url | Text | Insider | Position | Transaction | Start Date | Ownership | Value |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 7348 | — | — | DANFORD MICHAEL DEWAYNE | Officer | — | 2026-03-06 00:00:00 | D | nan |
| 1 | 23879 | — | — | WILLIAMS DAVID LYLE JR | Chief Financial Officer | — | 2026-03-06 00:00:00 | D | nan |
| 2 | 14695 | — | — | IVASCU JOHN C. | General Counsel | — | 2026-03-06 00:00:00 | D | nan |
| 3 | 59697 | — | — | LUX NEAL | Chief Executive Officer | — | 2026-03-06 00:00:00 | D | nan |
| 4 | 5748 | — | — | BROOKES MARK | Officer | — | 2026-03-06 00:00:00 | D | nan |
| 5 | 5748 | — | — | POUNDS STEVEN | Officer | — | 2026-03-06 00:00:00 | D | nan |
| 6 | 2615 | — | — | KELLER KATHERINE CAMPBELL | Officer | — | 2026-03-05 00:00:00 | D | nan |
| 7 | 2556 | — | Stock Award(Grant) at price 0.00 per share. | ANGELLE EVELYN M | Director | — | 2026-03-03 00:00:00 | D | — |
| 8 | 2556 | — | Stock Award(Grant) at price 0.00 per share. | SMITH MARK W | Director | — | 2026-03-03 00:00:00 | D | — |
| 9 | 213 | — | Stock Award(Grant) at price 0.00 per share. | BEYER LESLIE ANN | Director | — | 2026-03-03 00:00:00 | D | — |
Financials
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 3.31M | -27.86M | -2.79M | 6.89M |
| TaxRateForCalcs | 0.21 | 0.21 | 0.21 | 0.21 |
| NormalizedEBITDA | 52.89M | 89.42M | 58.49M | 46.03M |
| TotalUnusualItems | 15.77M | -132.64M | -13.28M | 32.82M |
| TotalUnusualItemsExcludingGoodwill | 15.77M | -132.64M | -13.28M | 32.82M |
| NetIncomeFromContinuingOperationNetMinorityInterest | -9.66M | -135.33M | -18.88M | 3.71M |
| ReconciledDepreciation | 33.76M | 53.72M | 34.73M | 36.98M |
| ReconciledCostOfRevenue | 572.44M | 561.39M | 534.71M | 511.39M |
| EBITDA | 68.65M | -43.22M | 45.21M | 78.85M |
| EBIT | 34.90M | -96.94M | 10.48M | 41.87M |
| NetInterestIncome | -18.31M | -31.49M | -18.30M | -31.52M |
| InterestExpense | 18.31M | 31.49M | 18.30M | 31.52M |
| NormalizedIncome | -22.12M | -30.54M | -8.38M | -22.22M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -9.66M | -135.33M | -18.88M | 3.71M |
| TotalExpenses | 772.34M | 780.72M | 715.10M | 690.86M |
| TotalOperatingIncomeAsReported | 30.14M | -86.77M | 20.72M | 17.33M |
| DilutedAverageShares | 11.88M | 12.30M | 10.20M | 6.00M |
| BasicAverageShares | 11.88M | 12.30M | 10.20M | 5.70M |
| DilutedEPS | -0.81 | -11.00 | -1.85 | 0.62 |
| BasicEPS | -0.81 | -11.00 | -1.85 | 0.65 |
| DilutedNIAvailtoComStockholders | -9.66M | -135.33M | -18.88M | 3.71M |
| NetIncomeCommonStockholders | -9.66M | -135.33M | -18.88M | 3.71M |
| NetIncome | -9.66M | -135.33M | -18.88M | 3.71M |
| NetIncomeIncludingNoncontrollingInterests | -9.66M | -135.33M | -18.88M | 3.71M |
| NetIncomeContinuousOperations | -9.66M | -135.33M | -18.88M | 3.71M |
| TaxProvision | 26.25M | 6.90M | 11.06M | 6.64M |
| PretaxIncome | 16.59M | -128.43M | -7.81M | 10.35M |
| OtherIncomeExpense | 15.77M | -132.64M | -13.28M | 32.82M |
| SpecialIncomeCharges | 11.01M | -125.33M | -3.05M | 8.27M |
| GainOnSaleOfPPE | 378.00K | -484.00K | -156.00K | 1.27M |
| GainOnSaleOfBusiness | 0.00 | |||
| OtherSpecialCharges | -11.18M | -2.01M | -7.00M | 5.29M |
| WriteOff | 0.00 | |||
| ImpairmentOfCapitalAssets | 0.00 | 119.12M | 0.00 | |
| RestructuringAndMergernAcquisition | 546.00K | 7.73M | 2.89M | 0.00 |
| GainOnSaleOfSecurity | 4.75M | -7.32M | -10.23M | 24.55M |
| NetNonOperatingInterestIncomeExpense | -18.31M | -31.49M | -18.30M | -31.52M |
| InterestExpenseNonOperating | 18.31M | 31.49M | 18.30M | 31.52M |
| OperatingIncome | 19.13M | 35.71M | 23.76M | 9.05M |
| OperatingExpense | 199.91M | 219.32M | 180.39M | 179.47M |
| SellingGeneralAndAdministration | 199.91M | 219.32M | 180.39M | 179.47M |
| GrossProfit | 219.04M | 255.03M | 204.15M | 188.53M |
| CostOfRevenue | 572.44M | 561.39M | 534.71M | 511.39M |
| TotalRevenue | 791.47M | 816.42M | 738.86M | 699.91M |
| OperatingRevenue | 791.47M | 816.42M | 738.86M | 699.91M |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TreasurySharesNumber | 2.10M | 708.90K | 708.90K | 570.25K |
| OrdinarySharesNumber | 11.10M | 12.29M | 10.19M | 5.65M |
| ShareIssued | 13.19M | 13.00M | 10.90M | 6.22M |
| NetDebt | 101.27M | 143.73M | 84.59M | 188.88M |
| TotalDebt | 219.88M | 261.54M | 192.20M | 304.54M |
| TangibleBookValue | 132.84M | 149.02M | 244.66M | 115.55M |
| InvestedCapital | 427.07M | 508.29M | 543.39M | 546.95M |
| WorkingCapital | 242.35M | 293.78M | 325.26M | 302.57M |
| NetTangibleAssets | 132.84M | 149.02M | 244.66M | 115.55M |
| CapitalLeaseObligations | 83.96M | 73.14M | 61.45M | 64.63M |
| CommonStockEquity | 291.14M | 319.90M | 412.63M | 307.04M |
| TotalCapitalization | 425.66M | 506.43M | 542.20M | 546.16M |
| TotalEquityGrossMinorityInterest | 291.14M | 319.90M | 412.63M | 307.04M |
| StockholdersEquity | 291.14M | 319.90M | 412.63M | 307.04M |
| GainsLossesNotAffectingRetainedEarnings | -115.45M | -123.25M | -115.24M | -127.48M |
| OtherEquityAdjustments | -115.45M | -123.25M | -115.24M | -127.48M |
| TreasuryStock | 176.67M | 142.06M | 142.06M | 138.56M |
| RetainedEarnings | -844.46M | -834.80M | -699.47M | -680.60M |
| AdditionalPaidInCapital | 1.43B | 1.42B | 1.37B | 1.25B |
| CapitalStock | 132.00K | 130.00K | 109.00K | 62.00K |
| CommonStock | 132.00K | 130.00K | 109.00K | 62.00K |
| TotalLiabilitiesNetMinorityInterest | 461.31M | 496.05M | 408.43M | 527.72M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 254.78M | 294.20M | 204.09M | 317.43M |
| OtherNonCurrentLiabilities | 15.88M | 10.85M | 12.13M | 12.77M |
| NonCurrentDeferredLiabilities | 20.43M | 23.68M | 940.00K | 902.00K |
| NonCurrentDeferredTaxesLiabilities | 20.43M | 23.68M | 940.00K | 902.00K |
| LongTermDebtAndCapitalLeaseObligation | 218.48M | 259.67M | 191.02M | 303.75M |
| LongTermCapitalLeaseObligation | 83.96M | 73.14M | 61.45M | 64.63M |
| LongTermDebt | 134.52M | 186.53M | 129.57M | 239.13M |
| CurrentLiabilities | 206.53M | 201.86M | 204.34M | 210.29M |
| CurrentDeferredLiabilities | 34.32M | 13.10M | 14.77M | 14.71M |
| CurrentDeferredRevenue | 34.32M | 13.10M | 14.77M | 14.71M |
| CurrentDebtAndCapitalLeaseObligation | 1.41M | 1.87M | 1.19M | 782.00K |
| CurrentDebt | 1.41M | 1.87M | 1.19M | 782.00K |
| PayablesAndAccruedExpenses | 170.81M | 186.89M | 188.38M | 194.81M |
| CurrentAccruedExpenses | 76.24M | 77.24M | 62.46M | 76.54M |
| Payables | 94.56M | 109.65M | 125.92M | 118.26M |
| AccountsPayable | 94.56M | 109.65M | 125.92M | 118.26M |
| TotalAssets | 752.46M | 815.95M | 821.06M | 834.76M |
| TotalNonCurrentAssets | 303.57M | 320.32M | 291.46M | 321.89M |
| OtherNonCurrentAssets | 3.16M | 2.02M | 5.16M | 8.83M |
| NonCurrentDeferredAssets | 9.47M | 13.60M | 1.53M | 1.35M |
| NonCurrentDeferredTaxesAssets | 7.89M | 11.45M | 368.00K | 184.00K |
| GoodwillAndOtherIntangibleAssets | 158.30M | 170.88M | 167.97M | 191.48M |
| OtherIntangibleAssets | 93.64M | 109.23M | 167.97M | 191.48M |
| Goodwill | 64.67M | 61.65M | 0.00 | |
| NetPPE | 132.64M | 133.81M | 116.80M | 120.23M |
| AccumulatedDepreciation | -170.99M | -174.48M | -174.35M | -171.02M |
| GrossPPE | 303.62M | 308.29M | 291.15M | 291.25M |
| ConstructionInProgress | 5.63M | 5.33M | 1.56M | 4.53M |
| OtherProperties | 100.27M | 92.92M | 73.51M | 72.56M |
| MachineryFurnitureEquipment | 177.93M | 181.29M | 164.63M | 159.69M |
| BuildingsAndImprovements | 18.10M | 26.35M | 46.60M | 49.70M |
| LandAndImprovements | 1.70M | 2.39M | 4.84M | 4.76M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 448.88M | 495.64M | 529.60M | 512.87M |
| OtherCurrentAssets | 23.02M | 19.18M | 21.89M | 21.96M |
| PrepaidAssets | 23.70M | |||
| Inventory | 239.42M | 265.49M | 299.64M | 269.83M |
| InventoriesAdjustmentsAllowances | -23.02M | -35.69M | -38.19M | -39.29M |
| FinishedGoods | 140.82M | 174.11M | 216.57M | 187.45M |
| WorkInProcess | 26.00M | 27.88M | 28.69M | 27.49M |
| RawMaterials | 95.62M | 99.19M | 92.56M | 94.18M |
| Receivables | 151.79M | 166.31M | 161.91M | 170.05M |
| OtherReceivables | 9.39M | 12.38M | 15.17M | 15.80M |
| AccountsReceivable | 142.40M | 153.93M | 146.75M | 154.25M |
| AllowanceForDoubtfulAccountsReceivable | -8.95M | -9.53M | -10.85M | -10.69M |
| GrossAccountsReceivable | 151.35M | 163.46M | 157.60M | 164.94M |
| CashCashEquivalentsAndShortTermInvestments | 34.66M | 44.66M | 46.16M | 51.03M |
| CashAndCashEquivalents | 34.66M | 44.66M | 46.16M | 51.03M |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 64.39M | 84.05M | 239.00K | -24.55M |
| RepurchaseOfCapitalStock | -34.61M | 0.00 | -6.00M | -3.83M |
| RepaymentOfDebt | -617.04M | -819.45M | -453.01M | -545.38M |
| IssuanceOfDebt | 562.32M | 874.32M | 451.74M | 544.13M |
| CapitalExpenditure | -6.01M | -8.14M | -7.94M | -7.49M |
| InterestPaidSupplementalData | 16.94M | 26.76M | 17.09M | 25.32M |
| IncomeTaxPaidSupplementalData | 25.99M | 23.12M | 8.80M | 2.44M |
| EndCashPosition | 34.66M | 44.66M | 46.16M | 51.03M |
| BeginningCashPosition | 44.66M | 46.16M | 51.03M | 46.86M |
| EffectOfExchangeRateChanges | 1.60M | -1.41M | 1.11M | -838.00K |
| ChangesInCash | -11.60M | -93.00K | -5.97M | 5.01M |
| FinancingCashFlow | -91.57M | 45.24M | -7.58M | -5.08M |
| CashFlowFromContinuingFinancingActivities | -91.57M | 45.24M | -7.58M | -5.08M |
| NetOtherFinancingCharges | -914.00K | -8.53M | -311.00K | -1.59M |
| ProceedsFromStockOptionExercised | -1.32M | -1.09M | 0.00 | |
| NetCommonStockIssuance | -34.61M | 0.00 | -6.00M | -3.83M |
| CommonStockPayments | -34.61M | 0.00 | -6.00M | -3.83M |
| NetIssuancePaymentsOfDebt | -54.72M | 54.87M | -1.27M | -1.25M |
| NetShortTermDebtIssuance | -53.11M | 90.39M | 0.00 | 0.00 |
| ShortTermDebtPayments | -615.43M | -624.25M | -451.74M | -544.13M |
| ShortTermDebtIssuance | 562.32M | 714.64M | 451.74M | 544.13M |
| NetLongTermDebtIssuance | -1.61M | -35.53M | -1.27M | -1.25M |
| LongTermDebtPayments | -1.61M | -195.20M | -1.27M | -1.25M |
| LongTermDebtIssuance | 0.00 | 159.68M | 0.00 | 544.13M |
| InvestingCashFlow | 9.57M | -137.53M | -6.57M | 27.14M |
| CashFlowFromContinuingInvestingActivities | 9.57M | -137.53M | -6.57M | 27.14M |
| NetOtherInvestingChanges | 14.57M | 20.32M | 32.11M | 10.78M |
| NetBusinessPurchaseAndSale | 0.00 | -150.41M | 0.00 | -485.00K |
| PurchaseOfBusiness | 0.00 | -150.41M | 0.00 | -485.00K |
| NetPPEPurchaseAndSale | 1.01M | 703.00K | 1.37M | 3.01M |
| SaleOfPPE | 1.01M | 703.00K | 1.37M | 3.01M |
| CapitalExpenditureReported | -6.01M | -8.14M | -7.94M | -7.49M |
| OperatingCashFlow | 70.40M | 92.19M | 8.18M | -17.05M |
| CashFlowFromContinuingOperatingActivities | 70.40M | 92.19M | 8.18M | -17.05M |
| ChangeInWorkingCapital | 17.84M | 57.57M | -21.46M | -65.12M |
| ChangeInOtherWorkingCapital | 12.00M | 438.00K | 3.85M | -9.23M |
| ChangeInPayablesAndAccruedExpense | -18.24M | -7.67M | -4.89M | 20.76M |
| ChangeInPayable | -18.24M | -7.67M | -4.89M | 20.76M |
| ChangeInAccountPayable | -18.24M | -7.67M | -4.89M | 20.76M |
| ChangeInPrepaidAssets | -4.20M | 8.13M | 2.69M | 590.00K |
| ChangeInInventory | 11.07M | 41.47M | -31.93M | -34.61M |
| ChangeInReceivables | 17.21M | 15.21M | 8.82M | -42.63M |
| ChangesInAccountReceivables | 14.69M | 13.59M | 6.68M | -34.80M |
| OtherNonCashItems | -9.68M | 1.58M | 5.12M | -1.65M |
| StockBasedCompensation | 9.04M | 7.14M | 4.57M | 4.21M |
| ProvisionandWriteOffofAssets | -193.00K | 389.00K | 1.53M | 2.25M |
| AssetImpairmentCharge | 23.96M | 121.84M | 2.78M | 2.70M |
| DeferredTax | 5.33M | -17.57M | -204.00K | -130.00K |
| DeferredIncomeTax | 5.33M | -17.57M | -204.00K | -130.00K |
| DepreciationAmortizationDepletion | 33.76M | 53.72M | 34.73M | 36.98M |
| DepreciationAndAmortization | 33.76M | 53.72M | 34.73M | 36.98M |
| AmortizationCashFlow | 19.94M | 36.82M | 23.93M | 24.54M |
| AmortizationOfIntangibles | 19.94M | 36.82M | 23.93M | 24.54M |
| Depreciation | 13.82M | 16.90M | 10.80M | 12.44M |
| OperatingGainsLosses | 2.85M | 5.29M | ||
| GainLossOnSaleOfBusiness | 0.00 | |||
| NetIncomeFromContinuingOperations | -9.66M | -135.33M | -18.88M | 3.71M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for FET
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|