Smart Solutions. Powerful Products.
FET (Forum Energy Technologies) is a global company, serving the oil, natural gas, industrial, and renewable energy industries. FET provides value-added solutions that increase the safety and efficiency of energy exploration and production. We are an environmentally and socially responsible company headquartered in Houston, TX with manufacturing, distribution, and service facilities strategically located throughout the world.
Latest News
Forum Energy Technologies Announces Transformative Acquisition of Variperm Energy Services
HOUSTON --(BUSINESS WIRE)--Nov. 2, 2023-- Forum Energy Technologies, Inc. (NYSE: FET) (“FET”) today announced that it has entered into a definitive agreement to acquire Variperm Energy Services (“Variperm”) for consideration of $150 million of cash and 2 million shares of FET’s common stock,...
Forum Energy Technologies Announces Third Quarter 2023 Results
Orders: $199 million and book-to-bill ratio of 111% Revenue: $179 million Net income: $8 million and diluted EPS of $0.77 Adjusted EBITDA: $17 million Operating cash flow and free cash flow: $26 million and $24 million , respectively HOUSTON --(BUSINESS WIRE)--Nov....
Forum Energy Technologies Announces Timing of Third Quarter 2023 Earnings Conference Call
HOUSTON --(BUSINESS WIRE)--Oct. 10, 2023-- Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its third quarter 2023 earnings conference call at 10:00 a.m. Central Time on Friday, November 3, 2023 . FET will issue a press release reporting its third quarter 2023 earnings...