Smart Solutions. Powerful Products.
Forum Energy Technologies (FET) is a global oilfield products company, serving the subsea, drilling, completion, production and infrastructure sectors of the oil and natural gas industry. The Company’s products include highly engineered capital equipment as well as products that are consumed in the drilling, well construction, production and transportation of oil and natural gas. Forum is headquartered in Houston, TX with manufacturing and distribution facilities strategically located around the globe.
Latest News
Forum Energy Technologies Divests ABZ and Quadrant Valve Brands
HOUSTON --(BUSINESS WIRE)--Jan. 4, 2021-- Forum Energy Technologies, Inc. (NYSE: FET) today announced that on December 31, 2020 it completed the sale of assets associated with its ABZ and Quadrant valve brands to Anvil and Smith-Cooper International ....
Forum Energy Technologies Announces Third Quarter 2020 Results
Revenue of $104 million Net loss of $22 million and diluted EPS of negative $0.19 Adjusted EBITDA of negative $10 million Operating cash flow of $4 million and free cash flow of $6 million Extended long-term debt maturity to 2025 and $129 million of liquidity HOUSTON --(BUSINESS WIRE)--Nov....
Forum Energy Technologies, Inc. Announces Reverse Stock Split
HOUSTON --(BUSINESS WIRE)--Oct. 30, 2020-- Forum Energy Technologies, Inc. (NYSE: FET) (“Forum” or the “Company”) announced today that its Board of Directors has approved a 1-for-20 reverse stock split of the Company’s issued and outstanding shares of common stock, par value $0.01 per share,...
