FET
FORUM ENERGY TEC (FET)
NYSE
$50.21-$0.02 (-0.05%)
Price as of Jun 23, 2026 6:02 PM EDT
  • $580.2M
    Market Cap
  • 154.20%
    1-Year Change
  • Oil & Gas Equipment & Services
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 94
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

Why Forum Energy Technologies Stock Is Soaring Today

Forum Energy Technologies (FET) surged 6.84% after beating Q4 2025 earnings expectations with $202M revenue and $0.41 adjusted EPS versus analyst estimates of $191M and $0.36. The company projects 2026 revenue growth of 6% and adjusted EBITDA growth of 16%, supported by a record $312M backlog—the largest in 11 years.

02/20/2026, 12:30 PM • The Motley Fool

Forum Energy (FET) Q2 Orders Jump 46%

Forum Energy Technologies reported Q2 2025 earnings with GAAP EPS of $0.61, beating analyst expectations, but adjusted EPS showed a net loss of $0.10. Revenue was $199.8 million, down 2.6% year-over-year, with increased order intake and a strong backlog.

08/08/2025, 7:38 AM • The Motley Fool

Remote Operated Vehicle Market 2025 Fueled by 30% Surge in Deepwater Projects and Over 400 New Offshore Rigs Planned Globally

The global remote operated vehicle (ROV) market is projected to grow from USD 2.05 billion in 2024 to USD 5.56 billion by 2034, driven by increasing underwater exploration, offshore infrastructure maintenance, and defense applications.

07/31/2025, 10:00 AM • GlobeNewswire

Why Forum Energy Technologies Stock Skyrocketed by 32% in June

Forum Energy Technologies won a significant contract with the Indonesian Navy to supply a submarine rescue vehicle (SRV) system, leading to a 32% stock price increase in June. The contract includes an advanced rescue craft capable of operating at depths up to 605 meters and carrying 20 people.

07/05/2025, 3:16 PM • The Motley Fool

Peers

Statistics

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Day Range
$50.10
$51.54
$50.23
1-Year Range
$18.16
$64.54
$50.23
Latest Close$50.23
Change
-$1.10 (-2.19%)
Volume144,175
Market Cap$580.2M
Shares Outstanding11.3M
P/E (TTM)-95.13
Diluted EPS (TTM)-$0.54
Enterprise Value$696.5M

Information as of 06/23/2026

Company Profile

FORUM ENERGY TECHNOLOGIES INC
FORUM ENERGY TECHNOLOGIES INC
https://f-e-t.com
$580.2M
Market Cap
-$6.3M
Net Income
Sector: Energy
Industry: Oil & Gas Equipment & Services
10344 Sam Houston Park Drive, Houston, TX, United States, 77064
713 351 7900

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.

Key Executives

  • Neal Lux
  • David Lyle Williams Jr.
  • John C. Ivascu
  • Michael D. Danford
  • Katherine C. Keller

Current Ownership Distribution

  • Mutual Funds675.9M (85.26%)
  • Institutions107.1M (13.51%)
  • Insiders9.7M (1.22%)
  • Other0 (0.00%)