Forum Energy Technologies, Inc.

NYSE FET

Forum Energy Technologies, Inc. Current Liabilities for the quarter ending September 30, 2024: USD 271.02 M

Forum Energy Technologies, Inc. Current Liabilities is USD 271.02 M for the quarter ending September 30, 2024, a 30.11% change year over year. Current liabilities are obligations that are expected to be settled within one year, including accounts payable, short-term debt, and other current liabilities.
  • Forum Energy Technologies, Inc. Current Liabilities for the quarter ending September 30, 2023 was USD 208.30 M, a 5.69% change year over year.
  • Forum Energy Technologies, Inc. Current Liabilities for the quarter ending September 30, 2022 was USD 197.08 M, a 18.94% change year over year.
  • Forum Energy Technologies, Inc. Current Liabilities for the quarter ending September 30, 2021 was USD 165.69 M, a 20.77% change year over year.
  • Forum Energy Technologies, Inc. Current Liabilities for the quarter ending September 30, 2020 was USD 137.20 M, a -38.78% change year over year.
Key data
Date Current Liabilities Total Non-Current Liabilities Shareholders' Equity Long-Term Debt
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NYSE: FET

Forum Energy Technologies, Inc.

CEO Mr. Neal A. Lux
IPO Date April 12, 2012
Location United States
Headquarters 10344 Sam Houston Park Drive
Employees 1,600
Sector Energy
Industries
Description

Forum Energy Technologies, Inc. designs, manufactures, and distributes products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and supplies products, and provides related services to the drilling, well construction, artificial lift, and subsea energy construction markets, including applications in oil and natural gas, renewable energy, defense, and communications. This segment offers drilling technologies consisting of capital equipment and a line of products consumed in the drilling process; well construction casing and cementing equipment, and protection products for artificial lift equipment and cables; and subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tools, and complementary subsea technical services. The Completions segment offers hydraulic fracturing pumps, cooling systems, high-pressure flexible hoses, and flow iron for pressure pumping, hydraulic fracturing and flowback services markets; wireline cable and pressure control equipment for well completion and intervention service markets; and coiled tubing strings and coiled line pipe. The Production segment designs, manufactures, and supplies products, and provides related equipment and services for production and infrastructure markets. This segment offers engineered process systems, production equipment, specialty separation equipment, and various industrial valves for oil and natural gas customers, power generation, renewable energy, and other general industrial applications. 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.

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StockViz Staff

January 16, 2025

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