24.60

3.73%Today

FET • Forum Energy Technologies, Inc. • New York Stock Exchange • Energy

Market Cap

292.82M

Volume

71.44K

52W High

24.90

52W Low

12.78

Company Overview

Forum Energy Technologies, Inc. designs, manufactures, and distributes products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and supplies products, and provides related services to the drilling, well construction, artificial lift, and subsea energy construction markets, including applications in oil and natural gas, renewable energy, defense, and communications. This segment offers drilling technologies consisting of capital equipment and a line of products consumed in the drilling process; well construction casing and cementing equipment, and protection products for artificial lift equipment and cables; and subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tools, and complementary subsea technical services. The Completions segment offers hydraulic fracturing pumps, cooling systems, high-pressure flexible hoses, and flow iron for pressure pumping, hydraulic fracturing and flowback services markets; wireline cable and pressure control equipment for well completion and intervention service markets; and coiled tubing strings and coiled line pipe. The Production segment designs, manufactures, and supplies products, and provides related equipment and services for production and infrastructure markets. This segment offers engineered process systems, production equipment, specialty separation equipment, and various industrial valves for oil and natural gas customers, power generation, renewable energy, and other general industrial applications. 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.

Contact Information

Website: https://www.f-e-t.com
Address: 10344 Sam Houston Park Drive
Country: US

Investment Analysis & Insights

Key Investment Highlights

Market Position: Energy leader with 292.82M market capitalization
Trading Volume: 71.44K shares traded today
Price Range: 52-week range of $12.78 - $24.90
Exchange: Listed on New York Stock Exchange

Financial Metrics

P/E Ratio:-2.76

EPS:$-8.91

Beta:0.88

Avg Volume:87.58K

Market Analysis for Forum Energy Technologies, Inc.

Forum Energy Technologies, Inc. (FET) operates in the Oil & Gas Equipment & Services industry within the Energy sector. With a current market capitalization of 292.82M, the company represents a significant player in its market. The stock is currently trading at $24.60 with a positivedaily change of 3.73%.

The company's 1800 employee base and presence on the New York Stock Exchangeexchange position it as a Energy sector leader. Investors should consider the stock's P/E ratio of -2.76, beta of 0.88, and 52-week price range from $12.78 to $24.90when evaluating investment opportunities.