Forum Energy Technologies, Inc.

NYSE FET

Forum Energy Technologies, Inc. Market Capitalization on January 14, 2025: USD 228.48 M

Forum Energy Technologies, Inc. Market Capitalization is USD 228.48 M on January 14, 2025, a -7.99% change year over year. Market capitalization represents total company value in stock market; higher suggests larger, more established company.
  • Forum Energy Technologies, Inc. 52-week high Market Capitalization is USD 260.36 M on January 25, 2024, which is 13.96% above the current Market Capitalization.
  • Forum Energy Technologies, Inc. 52-week low Market Capitalization is USD 171.23 M on December 18, 2024, which is -25.05% below the current Market Capitalization.
  • Forum Energy Technologies, Inc. average Market Capitalization for the last 52 weeks is USD 210.74 M.
Key data
Date Market Capitalization Share Price Price to Earnings Ratio (P/E) Price to Sales Ratio (P/S)
Market news
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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 15, 2025

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