FET Stock 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.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Forum Energy Technologies, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$19.45 |
| 52 Week High | US$28.73 |
| 52 Week Low | US$17.65 |
| Beta | 2.6 |
| 1 Month Change | 2.80% |
| 3 Month Change | -7.29% |
| 1 Year Change | -11.43% |
| 3 Year Change | 6.81% |
| 5 Year Change | -83.74% |
| Change since IPO | -95.53% |
Recent News & Updates
Recent updates
Forum Energy Technologies: Recent Acquisition Can Change Its Trajectory Despite The Challenges
Dec 05Forum Energy Technologies (NYSE:FET) Takes On Some Risk With Its Use Of Debt
Nov 07
Forum Energy Strives To Bounce Back From The Current Headwinds (Rating Downgrade)
Sep 21These 4 Measures Indicate That Forum Energy Technologies (NYSE:FET) Is Using Debt Extensively
Jun 24Forum Energy Shares Encouraging Scenarios
Jun 06Forum Energy Technologies' (NYSE:FET) Solid Profits Have Weak Fundamentals
Mar 02Forum Energy Non-GAAP EPS of -$0.45, revenue of $191M; issues FY23 EBITDA guidance
Feb 21Forum Energy Technologies to convert notes due 2025 into shares
Dec 29Forum Energy GAAP EPS of $1.82, revenue of $181.8M
Nov 08Does Forum Energy Technologies (NYSE:FET) Have A Healthy Balance Sheet?
Oct 27Forum Energy: Consumables Demand, Booking Growth Can Accelerate Returns
Sep 14Forum Energy reports Q2 earnings; raises FY22 guidance and issues Q3 outlook
Aug 05Forum Energy Technologies: Completions Segment Demand And International Contracts Hold It Steady
Jul 08Forum Energy Technologies: Operating Leverage
Apr 08Forum Energy Technologies: Steady Order Book Builds The Pillar
Jan 18Forum Energy Technologies Is Already On The Move
Jul 05Forum Energy EPS misses by $3.00, misses on revenue
May 06Forum Energy EPS misses by $0.01, misses on revenue
Nov 05Forum Energy announces reverse stock-split
Oct 30Shareholder Returns
| FET | US Energy Services | US Market | |
|---|---|---|---|
| 7D | 0.05% | -3.1% | -3.2% |
| 1Y | -11.4% | 14.3% | 19.3% |
Return vs Industry: FET underperformed the US Energy Services industry which returned 14.3% over the past year.
Return vs Market: FET underperformed the US Market which returned 19.3% over the past year.
Price Volatility
| FET volatility | |
|---|---|
| FET Average Weekly Movement | 6.0% |
| Energy Services Industry Average Movement | 5.7% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: FET has not had significant price volatility in the past 3 months.
Volatility Over Time: FET's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | 1,600 | Neal Lux | www.f-e-t.com |
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 and services markets, including applications in oil and natural gas, renewable energy, defense, and communications.
Forum Energy Technologies, Inc. Fundamentals Summary
| FET fundamental statistics | |
|---|---|
| Market cap | US$238.92m |
| Earnings (TTM) | -US$18.88m |
| Revenue (TTM) | US$738.86m |
0.3x
P/S Ratio-12.7x
P/E RatioIs FET overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FET income statement (TTM) | |
|---|---|
| Revenue | US$738.86m |
| Cost of Revenue | US$534.71m |
| Gross Profit | US$204.15m |
| Other Expenses | US$223.03m |
| Earnings | -US$18.88m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 03, 2024
| Earnings per share (EPS) | -1.54 |
| Gross Margin | 27.63% |
| Net Profit Margin | -2.55% |
| Debt/Equity Ratio | 31.0% |
How did FET perform over the long term?
See historical performance and comparison