FORUM ENERGY TECHNOLOGIES, INC. (FET)

58 -0.98 (-1.66%)

As of 2026-04-02 17:30:00 EST

Forum Energy Technologies is an American oilfield products company that provides products and services to the oil and gas, and renewable industries worldwide. The company's subsea division provides a range of subsea equipment and services, including ROVs, intervention tooling, subsea structures, pipeline connectors, and survey and positioning equipment. The division operates globally, with locations in the UK, Norway, Singapore, Brazil, and the US.

Traded asNYSE: FET
ISINUS34984V2097
CIK0001401257
LEI549300SF93HLCR1REE27
EIN611488595
SectorOil and Gas Equipment, Services
IndustryOil & Gas Field Machinery & Equipment
CEO Neal Lux
Employees1,500
Fiscal Year End1231
Address10344 SAM HOUSTON PARK DRIVE, HOUSTON, TX, 77064
Phone281-949-2500
Websitehttp://www.f-e-t.com
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
FETFORUM ENERGY TECHNOLOGIES, INC.2026-04-02 17:30:0058-0.98-1.66
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
FET0001401257FORUM ENERGY TECHNOLOGIES, INC.US34984V2097549300SF93HLCR1REE27611488595NYSE3533Oil & Gas Field Machinery & Equipment1231DE10344 SAM HOUSTON PARK DRIVEHOUSTONTX77064UNITED STATESUS281-949-250010344 SAM HOUSTON PARK DRIVE, HOUSTON, TX, 7706410344 SAM HOUSTON PARK DRIVE, HOUSTON, TX, 77064FORUM OILFIELD TECHNOLOGIES INCOil and Gas Equipment, Services2005 Neal Lux1,500http://www.f-e-t.com225,500,00013,192,81811,256,150Forum Energy Technologies is an American oilfield products company that provides products and services to the oil and gas, and renewable industries worldwide. The company's subsea division provides a range of subsea equipment and services, including ROVs, intervention tooling, subsea structures, pipeline connectors, and survey and positioning equipment. The division operates globally, with locations in the UK, Norway, Singapore, Brazil, and the US.2026-04-02 17:42:32
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FET Stock Price (End-of-Day)
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FET Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
2025225,500,00029,800,00015.227411,256,150-1,092,979-8.8507
2024195,700,000-49,900,000-20.317612,349,12965,4590.5329
2023245,600,000154,700,000170.18712,283,6701,985,86119.2843
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
John C. IvascuEVP, Chief Compliance Officer, General Counsel, Corporate Secretary2025398,4901,079,218473,30417,0001,968,012
Neal A. LuxChief Executive Officer, President2025717,7694,232,1051,196,46317,0006,163,337
D. Lyle WilliamsEVP, Chief Financial Officer2025502,3851,762,349619,40817,5002,901,642
Neal A. LuxChief Executive Officer, President2024696,1543,334,6931,013,87917,2505,061,976
John C. IvascuEVP, Chief Compliance Officer, General Counsel, Corporate Secretary2024392,692978,218415,94011,8741,798,724
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Employee Count
Fiscal YearEmployee Count
20251,700
20241,800
20231,600
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Income Statements
Fiscal Year202520242023
Revenue791,474,000816,425,000738,864,000
Cost Of Revenue572,438,000561,392,000534,711,000
Gross Profit219,036,000255,033,000204,153,000
Research And Development Expenses
General And Administrative Expenses199,905,000219,325,000180,389,000
Operating Expenses188,891,000341,800,000183,437,000
Operating Income30,145,000-86,767,00020,716,000
Net Income-9,660,000-135,326,000-18,876,000
Earnings Per Share Basic-0.81-11-1.85
Earnings Per Share Diluted-0.81-11-1.85
Weighted Average Shares Outstanding Basic11,883,00012,299,00010,212,000
Weighted Average Shares Outstanding Diluted11,883,00012,299,00010,212,000
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Balance Sheet Statements
Fiscal Year202520242023
Cash And Cash Equivalents34,661,00044,661,00046,165,000
Marketable Securities Current
Accounts Receivable142,396,000153,926,000146,747,000
Inventories239,420,000265,487,000299,639,000
Non Trade Receivables
Other Assets Current
Total Assets Current448,884,000495,637,000529,604,000
Marketable Securities Non Current
Property Plant And Equipment
Other Assets Non Current3,162,0002,025,0005,160,000
Total Assets Non Current303,571,000320,317,000291,457,000
Total Assets752,455,000815,954,000821,061,000
Accounts Payable94,561,000109,651,000125,918,000
Deferred Revenue
Short Term Debt1,407,0001,866,0001,186,000
Other Liabilities Current76,244,00077,239,00062,463,000
Total Liabilities Current206,534,000201,856,000204,339,000
Long Term Debt135,928,000188,391,000130,753,000
Other Liabilities Non Current15,875,00010,850,00012,132,000
Total Liabilities Non Current254,778,000294,198,000204,089,000
Total Liabilities461,312,000496,054,000408,428,000
Common Stock132,000130,000109,000
Retained Earnings-844,457,000-834,797,000-699,471,000
Accumulated Other Comprehensive Income-115,452,000-123,247,000-115,236,000
Total Shareholders Equity291,143,000319,900,000412,633,000
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Cash Flow Statements
Fiscal Year202520242023
Depreciation And Amortization33,755,00053,717,00034,728,000
Share Based Compensation Expense9,041,0007,137,0004,571,000
Other Non Cash Income Expense
Change In Accounts Receivable-14,694,000-13,590,000-6,678,000
Change In Inventories-11,070,000-41,467,00031,928,000
Change In Non Trade Receivables
Change In Other Assets
Change In Accounts Payable
Change In Other Liabilities
Cash From Operating Activities70,402,00092,191,0008,183,000
Purchases Of Marketable Securities
Sales Of Marketable Securities
Acquisition Of Property Plant And Equipment6,015,0008,145,0007,944,000
Acquisition Of Business0150,408,0000
Other Investing Activities
Cash From Investing Activities9,566,000-137,526,000-6,573,000
Tax Withholding For Share Based Compensation1,321,0001,090,000
Payments Of Dividends
Issuance Of Common Stock
Repurchase Of Common Stock34,612,00005,996,000
Issuance Of Long Term Debt
Repayment Of Long Term Debt
Other Financing Activities
Cash From Financing Activities-91,566,00045,242,000-7,582,000
Change In Cash-10,000,000-1,504,000-4,864,000
Cash At End Of Period34,661,00044,661,00046,165,000
Income Taxes Paid25,990,00023,119,0008,804,000
Interest Paid16,937,00026,764,00017,088,000
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Key Metrics
Fiscal Year202520242023
Earnings Per Share-0.81-11-1.85
Price To Earnings Ratio-45.6173-1.4082-11.9838
Earnings Growth Rate-92.6364494.5946-384.6154
Price Earnings To Growth Ratio0.4924-0.00280.0312
Book Value Per Share24.500826.010240.4067
Price To Book Ratio1.50810.59550.5487
Ebitda50,085,000-58,490,00024,656,000
Enterprise Value541,750,850336,107,510312,174,040
Dividend Yield
Dividend Payout Ratio
Debt To Equity Ratio0.47170.59470.3197
Capital Expenditures
Free Cash Flow
Return On Equity-0.0332-0.423-0.0457
One Year Beta1.45210.83390.6765
Three Year Beta1.11450.59040.6162
Five Year Beta0.84921.84911.9683
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Williams David Lyle Jr.EVP, CFO2026-03-0611,519A147,781
Williams David Lyle Jr.EVP, CFO2026-03-064,532D143,249
Williams David Lyle Jr.EVP, CFO2026-03-0611,519D11,519
Lux NealPresident & CEO2026-03-0628,797A358,814
Lux NealPresident & CEO2026-03-0611,331D347,483
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Senate Trading
Name Of Reporting PersonType Of Reporting PersonReport DateTransaction TypeTransaction DateOwner TypeAmount
Thomas R TillisSenator2015-02-26Sale (Full)2015-02-13Joint$1,001 - $15,000
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House Trading
Name Of Reporting PersonReport DateStateTransaction TypeTransaction DateOwner TypeAmount
Virginia Foxx2015-02-09NC05Purchase2015-01-21Joint$1,001 - $15,000
Virginia Foxx2015-01-08NC05Purchase2014-12-04Joint$15,001 - $50,000
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
GOLDMAN SACHS GROUP INC2025-12-313,021,29181,76736.95
HSBC HOLDINGS PLC2025-12-31959,35825,81037.17
Rockefeller Capital Management L.P.2025-12-3117,69947936.9499
PEAK6 LLC2025-12-311,115,89030,20036.95
Sunbelt Securities, Inc.2025-12-3174237
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
Global X Funds2026-01-31Global X Russell 2000 ETFRSSL4,668211,180.320.0152
INVESCO EXCHANGE-TRADED FUND TRUST2026-01-31Invesco RAFI US 1500 Small-Mid ETFPRFZ12,497565,364.280.0211
GOLDMAN SACHS TRUST2026-01-31Class P SharesGSXPX4,144187,474.560.0202
GOLDMAN SACHS TRUST2026-01-31Class R6 SharesGTTUX4,144187,474.560.0202
GOLDMAN SACHS TRUST2026-01-31Investor SharesGTTTX4,144187,474.560.0202
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