FET logo

FORUM ENERGY TECHNOLOGIES IN

FETNYSE
πŸ† #2534 by market capEarnings Oct 29US Equity
$80.84β–² $0.37 (+0.46%)
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24hβ–² 0.5%
7dβ–Ό 2.0%
14dβ–Ό 1.0%
30dβ–Ό 0.4%
ytdβ–² 118.7%
1yβ–² 203.9%
🏦Market Cap
$914M
Small Cap
πŸ“ˆRevenue Growth (YoY)
-3.1%
Declining
πŸ“ŠGross Margin
28.0%
Moderate
πŸ’΅FCF Margin
6.4%
Moderate
βš–οΈP/S Ratio
1.1x
Cheap
Otter Score
68
Fair

Trading Snapshot

Day Range
$79.65 – $82.07
52-Week Range
$25.07 – $87.42
Volume
$2.34B
Avg Volume
$2.70B
Shares Outstanding
11.3M
Next Earnings
Nov 1, 2026

Fundamentals Snapshot

Annual Revenue
$791M
Last Q Revenue
$226M
P/E Ratio
-573.9
P/S Ratio
1.1x
EPS (TTM)
$-0.14
Dividend Yield
0.00%
Dilution (1yr)
βˆ’1.7%

Why Investors Own FET

  • βœ“High-growth profile β€” revenue up -2.0% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 36% gross margin and 7% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

FET logo

FORUM ENERGY TECHNOLOGIES IN

FET
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$791Mβ–Ό βˆ’3.1% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
27.7%β–Ό βˆ’11.4% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
$19Mβ–Ό βˆ’122.0% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
$64Mβ–Ό βˆ’23.4% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
12.1Mβ–Ό βˆ’1.7% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
βˆ’$185Mβ–² +$43M YoY
StockOtter Β· stockotter.space

About FORUM ENERGY TECHNOLOGIES IN

Forum Energy Technologies, Inc. is a global provider that develops, produces, and distributes essential equipment and services for the oil and natural gas, industrial, and renewable energy industries, operating in both the United States and internationally. The company organizes its operations into three main segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and provides products and related services for drilling, well construction, artificial lift, and subsea energy infrastructure markets. Its applications span oil and natural gas, renewable energy, defense, and communications. Offerings in this division include capital drilling equipment and various consumables for the drilling process; well casing and cementing tools, alongside protective gear for artificial lift systems and cables; and advanced subsea technologies such as remotely operated vehicles (ROVs), trenchers, submarine rescue vehicles, specialized components, and complementary technical services. The Completions segment supplies a range of equipment for well completion and intervention services. This encompasses hydraulic fracturing pumps, cooling systems, high-pressure flexible hoses, and flow iron, catering to pressure pumping, hydraulic fracturing, and flowback operations. Additionally, it offers wireline cable, pressure control apparatus, coiled tubing strings, and coiled line pipe. The Production segment is dedicated to developing, manufacturing, and supplying products, equipment, and associated services for production and infrastructure needs. Its portfolio includes custom engineered process systems, various types of production equipment, specialized separation units, and a broad array of industrial valves. These serve a diverse customer base, including oil and natural gas companies, power generation facilities, renewable energy projects, and other general industrial applications. Forum Energy Technologies, Inc. was established in 2005, initially named Forum Oilfield Technologies, Inc., before rebranding to its current name in August 2010. The company's headquarters are located in Houston, Texas.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Fair
68/100

Analyst Ratings

β“˜
Consensus
Sell
8 analysts
Strong Buy0
Buy0
Hold3
Sell4
Strong Sell1
Ratings as of Aug 2022

Latest News & Updates

Defense WorldΒ·2d ago

Forum Energy Technologies, Inc. $FET Stock Position Cut by Engineers Gate Manager LP

Engineers Gate Manager LP lessened its holdings in Forum Energy Technologies, Inc. (NYSE: FET) by 87.8% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Co

MarketBeatΒ·5d ago

Forum Energy Technologies Targets Revenue Doubling, EBITDA Quadrupling by 2030

Forum Energy Technologies NYSE: FET executives outlined a strategy centered on market-share gains, product innovation and international expansion during the Water Tower Research Virtual Insights Conference, as the compan

Zacks Investment ResearchΒ·5d ago

Keep Portfolio Swings in Check With VLO, PBF, FET & E

High oil prices and market volatility put Valero Energy, PBF, FET and E in focus as low-beta stocks with positive price momentum and solid growth drivers.

Zacks Investment ResearchΒ·6d ago

Are Oils-Energy Stocks Lagging Forum Energy Technologies (FET) This Year?

Here is how Forum Energy Technologies (FET) and National Energy Services Reunited (NESR) have performed compared to their sector so far this year.

Zacks Investment ResearchΒ·8d ago

NESR Leverages Technology Portfolio and Scale to Drive Growth

National Energy Services bets on technology commercialization and MENA scale to widen its contract funnel and support its $3 billion revenue run-rate goal.

Business WireΒ·9d ago

Forum Energy Technologies to Participate in Water Tower Research Virtual Insights Conference

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, President and Chief Executive Officer, and Lyle Williams, Executive Vice President and Chief Financial Officer, will pa