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Home CompaniesForum Energy Technologies Inc

Forum Energy Technologies Inc

Energy Oil & Gas Equipment & Services
PortfolioPortfolio WatchlistWatchlist
Company price
69.69 USD 2.09 ( 3.09%)
Last update at 2026-11-06T21:00:00Z
VOLUME
161460
Market Cap
939.96M

Momentum Score

…

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.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
69.01
Low
72.06
High
52 Week Price Range
25.07
Low
87.42
High

Momentum Score

…
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Forum Energy Technologies is an engineering, manufacturing and service company supplying equipment and aftermarket services to the global upstream oil and gas sector, including drilling, production and subsea systems. Long-term growth may be supported by recovery in upstream capital spending, demand for subsea infrastructure and recurring revenue from services and spare parts. Investors may find the company attractive because it appears positioned with a diversified product portfolio, global footprint and an installed base that could support steady aftermarket sales.
The main investment risks include exposure to oil and gas capital spending cycles, competition and pricing pressure in equipment markets, backlog volatility and execution risk on large offshore projects.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
67.60
Dividend Yield
-
Revenue TTM
833.35M
Revenue Per Share
73.45
Gross Profit TTM
233.66M
Debt / Equity
0.80
ROE
-0.51%
Net Debt
197.01M
ROCE
6.39%
Diluted EPS TTM
-0.07

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 16.59M -128.43M -7.81M 10.30M -82.00M
Net income -9.66M -135.33M -18.88M 3.70M -82.70M
Selling general administrative 199.91M 219.32M 183.32M 179.50M 168.89M
Gross profit 219.04M 255.03M 204.15M 188.50M 123.30M
Reconciled depreciation 33.76M 53.72M 34.81M 37.10M 42.18M
Ebit 34.90M -96.94M 10.48M 9.00M -45.60M
Ebitda 68.65M -43.22M 45.21M 46.10M -3.40M
Depreciation and amortization 33.76M 53.72M 34.73M 37.10M 42.20M
Non operating income net other - - - - -5.51M
Operating income 19.13M -86.77M 20.72M 9.00M -45.60M
Other operating expenses 772.34M 903.19M 718.15M 690.90M 586.70M
Interest expense 18.31M 31.49M 18.30M 31.50M 32.00M
Tax provision 26.25M 6.90M 7.85M 6.60M 0.64M
Interest income 13.56M 38.80M 28.53M 7.00M 32.23M
Net interest income -18.31M -31.49M -21.66M -31.50M -32.01M
Income tax expense 26.25M 6.90M 11.06M 6.60M 0.70M
Total revenue 791.47M 816.42M 738.86M 699.90M 541.10M
Total operating expenses 199.91M 341.80M 183.44M 179.50M 168.90M
Cost of revenue 572.44M 561.39M 534.71M 511.40M 417.80M
Total other income expense net -2.54M -41.66M -28.53M 1.30M -36.40M
Net income from continuing ops -9.66M -135.33M -14.93M 3.70M -82.65M
Net income applicable to common shares -9.66M -135.33M -18.88M 3.70M -82.70M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 752.46M 815.95M 821.06M 831.30M 791.30M
Intangible assets 93.64M 109.23M 167.97M 191.48M 217.41M
Other current assets 32.41M 19.18M 21.89M 37.90M 34.20M
Total liab 461.31M 496.05M 408.43M 524.20M 462.20M
Total stockholder equity 291.14M 319.90M 412.63M 307.10M 329.10M
Deferred long term liab - - - 1.17M 0.83M
Other current liab 98.78M 70.70M 53.26M 76.73M 58.44M
Common stock 0.13M 0.13M 0.11M 0.06M 0.06M
Capital stock 0.13M 0.13M 0.11M 0.06M 0.06M
Retained earnings -844.46M -834.80M -699.47M -680.60M -684.31M
Other liab - - - 13.68M 54.10M
Good will 64.67M 61.65M 0.00M 0.02M -0.01M
Other assets 12.63M 15.62M 6.69M 10.10M 7.80M
Cash 34.66M 44.66M 46.16M 51.00M 46.90M
Cash and equivalents 34.66M 44.66M 46.16M 51.00M 46.86M
Total current liabilities 206.53M 201.86M 204.34M 210.50M 175.70M
Current deferred revenue - 8.58M 14.77M 14.71M 16.98M
Net debt 197.01M 227.93M 155.24M 188.90M 186.40M
Short term debt 13.19M 12.92M 10.39M 0.80M 0.90M
Short long term debt 1.41M 1.87M 1.19M 0.80M 0.86M
Short long term debt total 231.67M 272.59M 201.40M 239.90M 233.30M
Other stockholder equity 1250.92M 1277.81M 1227.23M 1115.12M 1114.37M
Property plant equipment 132.64M 133.81M 116.80M 116.80M 119.40M
Total current assets 448.88M 495.64M 529.60M 512.90M 446.70M
Net tangible assets - - - 115.55M 111.70M
Net receivables 142.40M 166.31M 161.91M 154.20M 123.90M
Long term debt 134.52M 186.53M 129.57M 239.10M 232.37M
Inventory 239.42M 265.49M 299.64M 269.80M 241.70M
Accounts payable 94.56M 109.65M 125.92M 118.26M 99.38M
Accumulated other comprehensive income -115.45M -123.25M -115.24M -127.48M -101.03M
Common stock total equity - - - - 0.06M
Retained earnings total equity - - - - -684.31M
Treasury stock - - - - -135.56M
Non currrent assets other 12.63M 4.18M 6.69M 9.92M 7.80M
Non current assets total 303.57M 320.32M 291.46M 318.40M 344.60M
Capital lease obligations 83.96M 73.14M 61.45M 64.63M 34.74M
Long term debt total 134.52M 186.53M 129.57M 239.10M 232.37M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -137.53M 25.57M 27.10M 10.78M
Change to liabilities - - - 11.53M 36.33M
Total cashflows from investing activities 9.57M -137.53M -6.57M 27.10M 10.70M
Net borrowings -54.72M 54.87M -1.27M -1.25M -73.20M
Total cash from financing activities -91.57M 45.24M -7.58M -5.00M -76.20M
Change to operating activities - - - 0.59M 11.30M
Net income -9.66M -135.33M -18.88M 3.70M -82.70M
Change in cash -10.00M -1.50M -4.86M 4.17M -81.76M
Begin period cash flow 44.66M 46.16M 51.03M 46.86M 128.62M
End period cash flow 34.66M 44.66M 46.16M 51.03M 46.86M
Total cash from operating activities 70.40M 92.19M 8.18M -17.10M -15.80M
Depreciation 33.76M 53.72M 34.73M 37.10M 42.20M
Other cashflows from investing activities 9.57M 12.88M 1.37M 34.60M 10.80M
Change to inventory 11.07M 41.47M -31.93M -34.61M 1.94M
Change to account receivables 17.21M 15.21M 8.82M -34.80M -44.96M
Sale purchase of stock -34.61M -1.09M -6.00M -3.80M -1.40M
Other cashflows from financing activities -2.23M -8.53M -0.31M 556.60M -1.60M
Change to netincome - - - 7.37M 13.40M
Capital expenditures 6.01M 8.14M 7.94M 7.50M 2.40M
Change receivables - - - - -44.96M
Cash flows other operating - - - - -0.01M
Cash and cash equivalents changes - - - - -81.32M
Change in working capital 17.84M 57.57M -21.46M -53.60M 11.30M
Stock based compensation -1.32M 7.14M 4.57M 4.21M 7.59M
Other non cash items 29.79M 109.09M 9.43M -8.38M 3.02M
Free cash flow 64.39M 84.05M 0.24M -24.60M -18.20M

Peer Comparison*

Sector: Energy Industry: Oil & Gas Equipment & Services

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
FET
Forum Energy Technologies Inc		 2.09
3.09%		 69.69 - 14.71 1.13 3.19 1.34 16.17
SLB
SLB N.V.		 0.28
0.56%		 49.92 26.44 16.31 2.21 3.04 2.42 13.18
BKR
Baker Hughes Co		 1.67
3.61%		 47.87 18.24 17.57 2.03 2.83 2.05 11.20
HAL
Halliburton Company		 -0.08
0.25%		 31.84 18.29 12.12 1.33 2.65 1.58 9.83
FTI
TechnipFMC PLC		 1.93
3.13%		 63.52 25.50 21.74 2.82 8.73 2.77 14.51

Profile*

Forum Energy Technologies Inc

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.

10344 Sam Houston Park Drive, Houston, TX, United States, 77064

713 351 7900

https://f-e-t.com

1700

Name Title Year Born
Mr. C. Christopher Gaut Exec. Chairman 1956
Mr. Neal Lux Pres, CEO & Director 1976
Mr. David Lyle Williams Jr. Exec. VP & CFO 1970
Ms. Katherine T. Keller VP, Principal Accounting Officer & Corp. Controller 1983
Rob Kukla Director of Investor Relations NA
Mr. John C. Ivascu Exec. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec. 1978
Mr. Michael D. Danford Sr. VP & Chief HR Officer 1963
Mr. Tylar K. Schmitt VP of Fin. & Treasurer 1973
Mr. Neal A. Lux President, CEO & Director 1976
Mr. David Lyle Williams Jr. Executive VP & CFO 1970

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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