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Investing

FET logo Forum Energy Technologies : FET

FET

Stock Data

$75.17

Change down

$0.06 (0.08%)

Asset Type

Common Stock

Exchange

NYSE

Currency

USD

Country

USA

Sector

ENERGY

Industry

OIL & GAS EQUIPMENT & SERVICES

Forum Energy Technologies, Inc. is a key player in the energy sector, specializing in designing, manufacturing, and distributing a wide range of products for the oil, natural gas, industrial, and renewable energy industries. With operations spanning the globe, the company focuses on three main areas: Drilling & Downhole, Completions, and Production. Its offerings include drilling technologies, well construction and artificial lift equipment, subsea vehicles and tools, hydraulic fracturing pumps, and production equipment. Founded in 2005 and based in Houston, Texas, Forum Energy Technologies supports the energy industry's evolving needs.

Latest Activity

FETForum Energy Technologies
Q2 2026
EPS
$1.16
est $0.56+105.3%
Revenue
$226M
est $212M+6.5%

Forum Energy Technologies doubled consensus earnings while raising full-year guidance across all metrics, now expecting 40% EBITDA growth at midpoint despite a contracting global rig count. The oilfield services company proved its market share capture strategy works: revenue per rig jumped to $129K from $112K year ago even as the global rig count slipped, and management guided Q3 revenue 20% higher with adjusted EBITDA expected up 48%.

Quarterly EPS — reported vs estimate
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All Forum Energy Technologies Articles

12 Articles