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.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| FET | FORUM ENERGY TECHNOLOGIES, INC. | 2025-10-16 18:39:39 | 27.99 | 0.45 | 1.63 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FET | 0001401257 | FORUM ENERGY TECHNOLOGIES, INC. | US34984V2097 | 549300SF93HLCR1REE27 | 611488595 | NYSE | 3533 | Oil & Gas Field Machinery & Equipment | 1231 | DE | 10344 SAM HOUSTON PARK DRIVE | HOUSTON | TX | 77064 | UNITED STATES | US | 281-949-2500 | 10344 SAM HOUSTON PARK DRIVE, HOUSTON, TX, 77064 | 10344 SAM HOUSTON PARK DRIVE, HOUSTON, TX, 77064 | FORUM OILFIELD TECHNOLOGIES INC | Oil and Gas Equipment, Services | 2005 | Neal Lux | 1,500 | http://www.f-e-t.com | 195,700,000 | 13,191,488 | 11,903,276 | 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. | 2025-10-10 22:04:54 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 195,700,000 | -49,900,000 | -20.3176 | 12,349,129 | 65,459 | 0.5329 |
| 2023 | 245,600,000 | 154,700,000 | 170.187 | 12,283,670 | 1,985,861 | 19.2843 |
| 2022 | 90,900,000 | -13,800,000 | -13.1805 | 10,297,809 | 4,645,086 | 82.1743 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| John C. Ivascu | EVP, Corporate Secretary, Chief Compliance Officer, General Counsel | 2024 | 392,692 | 0 | 978,218 | 415,845 | 11,874 | 1,798,629 |
| Neal A. Lux | Chief Executive Officer, President | 2024 | 696,154 | 0 | 3,334,693 | 1,001,564 | 17,250 | 5,049,661 |
| D. Lyle Williams | Chief Financial Officer, EVP | 2024 | 485,231 | 0 | 1,491,250 | 545,955 | 17,250 | 2,539,686 |
| D. Lyle Williams | Chief Financial Officer, EVP | 2023 | 463,077 | 0 | 1,601,646 | 302,252 | 13,200 | 2,380,175 |
| Neal A. Lux | Chief Executive Officer, President | 2023 | 663,462 | 0 | 3,264,920 | 513,519 | 13,200 | 4,455,101 |
| Fiscal Year | Employee Count |
|---|---|
| 2024 | 1,800 |
| 2023 | 1,600 |
| 2022 | 1,500 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 816,425,000 | 738,864,000 | 699,913,000 |
| Cost Of Revenue | 561,392,000 | 534,711,000 | 511,387,000 |
| Gross Profit | 255,033,000 | 204,153,000 | 188,526,000 |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | 219,325,000 | 180,389,000 | 179,471,000 |
| Operating Expenses | 341,800,000 | 183,437,000 | 171,200,000 |
| Operating Income | -86,767,000 | 20,716,000 | 17,326,000 |
| Net Income | -135,326,000 | -18,876,000 | 3,712,000 |
| Earnings Per Share Basic | -11 | -1.85 | 0.65 |
| Earnings Per Share Diluted | -11 | -1.85 | 0.62 |
| Weighted Average Shares Outstanding Basic | 12,299,000 | 10,212,000 | 5,747,000 |
| Weighted Average Shares Outstanding Diluted | 12,299,000 | 10,212,000 | 5,951,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 44,661,000 | 46,165,000 | 51,029,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 153,926,000 | 146,747,000 | 154,247,000 |
| Inventories | 265,487,000 | 299,639,000 | 269,828,000 |
| Non Trade Receivables | — | — | — |
| Other Assets Current | — | — | — |
| Total Assets Current | 495,637,000 | 529,604,000 | 512,865,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | — | — | — |
| Other Assets Non Current | 2,025,000 | 5,160,000 | 8,828,000 |
| Total Assets Non Current | 320,317,000 | 291,457,000 | 321,892,000 |
| Total Assets | 815,954,000 | 821,061,000 | 834,757,000 |
| Accounts Payable | 109,651,000 | 125,918,000 | 118,261,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | 1,866,000 | 1,186,000 | 782,000 |
| Other Liabilities Current | 77,239,000 | 62,463,000 | 76,544,000 |
| Total Liabilities Current | 201,856,000 | 204,339,000 | 210,293,000 |
| Long Term Debt | 188,391,000 | 130,753,000 | 239,910,000 |
| Other Liabilities Non Current | 10,850,000 | 12,132,000 | 12,773,000 |
| Total Liabilities Non Current | 294,198,000 | 204,089,000 | 317,429,000 |
| Total Liabilities | 496,054,000 | 408,428,000 | 527,722,000 |
| Common Stock | 130,000 | 109,000 | 62,000 |
| Retained Earnings | -834,797,000 | -699,471,000 | -680,595,000 |
| Accumulated Other Comprehensive Income | -123,247,000 | -115,236,000 | -127,485,000 |
| Total Shareholders Equity | 319,900,000 | 412,633,000 | 307,035,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 53,717,000 | 34,728,000 | 36,978,000 |
| Share Based Compensation Expense | 7,137,000 | 4,571,000 | 4,205,000 |
| Other Non Cash Income Expense | — | — | — |
| Change In Accounts Receivable | -13,590,000 | -6,678,000 | 34,802,000 |
| Change In Inventories | -41,467,000 | 31,928,000 | 34,611,000 |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | — | — | — |
| Change In Other Liabilities | — | — | — |
| Cash From Operating Activities | 92,191,000 | 8,183,000 | -17,054,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 8,145,000 | 7,944,000 | 7,492,000 |
| Acquisition Of Business | 150,408,000 | 0 | 485,000 |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -137,526,000 | -6,573,000 | 27,139,000 |
| Tax Withholding For Share Based Compensation | 1,090,000 | — | — |
| Payments Of Dividends | — | — | — |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 0 | 5,996,000 | 3,826,000 |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | — | — | — |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | 45,242,000 | -7,582,000 | -5,076,000 |
| Change In Cash | -1,504,000 | -4,864,000 | 4,171,000 |
| Cash At End Of Period | 44,661,000 | 46,165,000 | 51,029,000 |
| Income Taxes Paid | 23,119,000 | 8,804,000 | -383,000 |
| Interest Paid | 26,764,000 | 17,088,000 | 25,325,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | -11 | -1.85 | 0.65 |
| Price To Earnings Ratio | -1.4082 | -11.9838 | 45.3846 |
| Earnings Growth Rate | 494.5946 | -384.6154 | -104.4369 |
| Price Earnings To Growth Ratio | -0.0028 | 0.0312 | -0.4346 |
| Book Value Per Share | 26.0102 | 40.4067 | 53.4253 |
| Price To Book Ratio | 0.5955 | 0.5487 | 0.5522 |
| Ebitda | -58,490,000 | 24,656,000 | 40,307,000 |
| Enterprise Value | 336,107,510 | 312,174,040 | 359,199,500 |
| Dividend Yield | — | — | — |
| Dividend Payout Ratio | — | — | — |
| Debt To Equity Ratio | 0.5947 | 0.3197 | 0.7839 |
| Capital Expenditures | — | — | — |
| Free Cash Flow | — | — | — |
| Return On Equity | -0.423 | -0.0457 | 0.0121 |
| One Year Beta | 0.8339 | 0.6765 | 0.5227 |
| Three Year Beta | 0.5904 | 0.6162 | 2.0429 |
| Five Year Beta | 1.8491 | 1.9683 | 2.0217 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Smith Mark W. | Director | 2025-06-13 | 3,855 | A | 3,855 |
| Marquez Aron | Director | 2025-06-13 | 3,855 | A | 3,855 |
| Lux Neal | President & CEO | 2025-03-14 | 3,478 | A | 215,728 |
| Lux Neal | President & CEO | 2025-03-13 | 9,129 | A | 212,250 |
| Lux Neal | President & CEO | 2025-03-06 | 5,666 | D | 185,655 |
| Name Of Reporting Person | Type Of Reporting Person | Report Date | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Thomas R Tillis | Senator | 2015-02-26 | Sale (Full) | 2015-02-13 | Joint | $1,001 - $15,000 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Virginia Foxx | 2015-02-09 | NC05 | Purchase | 2015-01-21 | Joint | $1,001 - $15,000 |
| Virginia Foxx | 2015-01-08 | NC05 | Purchase | 2014-12-04 | Joint | $15,001 - $50,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| CWM, LLC | 2025-09-30 | 14,000 | 539 | 25.974 |
| Farther Finance Advisors, LLC | 2025-09-30 | 1,977 | 74 | 26.7162 |
| VOYA INVESTMENT MANAGEMENT LLC | 2025-09-30 | 774,483 | 28,996 | 26.71 |
| GAMMA Investing LLC | 2025-09-30 | 7,532 | 282 | 26.7092 |
| NEW YORK STATE COMMON RETIREMENT FUND | 2025-06-30 | 81,424 | 4,182 | 19.4701 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| TRUST FOR PROFESSIONAL MANAGERS | 2025-08-31 | Column Small Cap Fund | CFSLX | 1,220 | 32,269 | 0.0067 |
| Advisors' Inner Circle Fund III | 2025-07-31 | I Shares | KCXIX | 52 | 1,024.92 | 0.0004 |
| INVESCO EXCHANGE-TRADED FUND TRUST | 2025-07-31 | Invesco RAFI US 1500 Small-Mid ETF | PRFZ | 12,673 | 249,784.83 | 0.0105 |
| Global X Funds | 2025-07-31 | Global X Russell 2000 ETF | RSSL | 5,813 | 114,574.23 | 0.0087 |
| ProFunds | 2025-07-31 | SMALL-CAP PROFUND SERVICE CLASS | SLPSX | 10 | 197.1 | 0.0057 |