Market Cap 368.04M
Revenue (ttm) 816.43M
Net Income (ttm) -135.33M
EPS (ttm) N/A
PE Ratio 0.00
Forward PE 62.08
Profit Margin -16.58%
Debt to Equity Ratio 0.48
Volume 114,905
Avg Vol 109,366
Day's Range N/A - N/A
Shares Out 11.90M
Stochastic %K 82%
Beta 0.89
Analysts Strong Buy
Price Target $31.00

Company Profile

Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, industrial, 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...

Industry: Oil & Gas Equipment & Services
Sector: Energy
Phone: 713 351 7900
Website: f-e-t.com
Address:
10344 Sam Houston Park Drive, Suite 300, Houston, United States
Wisconsin_Deuce
Wisconsin_Deuce Oct. 27 at 4:58 PM
$FET So we are gonna consolidate here for a bit before earnings? I guess I am ok with that given the run so far. Excited to see where we end the year!!
0 · Reply
impossibles02
impossibles02 Oct. 26 at 4:08 PM
$FET Correct 🙃
0 · Reply
GimmeDaFETingGold
GimmeDaFETingGold Oct. 23 at 8:01 PM
0 · Reply
ConcentratedPositions
ConcentratedPositions Oct. 23 at 1:59 PM
$FET probably a good time to remind everyone: At peak pre-covid share price of $33 in Q1 2023: - market cap = $33*10.2mm shares post conversion = $336MM 12/31/2022 NET debt post conversion was $134MM LT debt-$51MM cash = $83MM Resulting EV = $419MM Finbox LTM EBITDA $46MM, LTM CF from ops negative $17.1mm Today. Assuming ~11mm shares outstanding at 12/31 post buyback. Market cap is $330MM, net debt was $126MM on Q2 call and falling But EV today is $456MM ish. Finbox LTM EBITDA $78MM, LTM CF from ops $89MM!!! FCF yield to equity even at $50MM of CF is >15%.
1 · Reply
Bigoil21
Bigoil21 Oct. 23 at 12:56 PM
$FET need to see $30+ today. Then eps in a week!🔥
1 · Reply
ConcentratedPositions
ConcentratedPositions Oct. 22 at 5:23 PM
$FET i just found this… Could have used it too many times to count by now.
1 · Reply
ConcentratedPositions
ConcentratedPositions Oct. 21 at 8:22 PM
$FET have not listened to the HAL call but pretty interesting to see a big beat from the most US focused large cap considering what has happened to the frac spread count. Don’t want to get too optimistic about our ER but it’s a pretty good sign especially since world rig count was up QoQ
0 · Reply
DR_BGP
DR_BGP Oct. 20 at 7:07 PM
$FET i guess it’s going to take earnings and the updated share count to break this resistance.
1 · Reply
ConcentratedPositions
ConcentratedPositions Oct. 17 at 1:24 AM
$FET This is what you want to see when you have an OFS stock that has doubled off the bottom, despite weakening commodity prices, and still has a FCF yield over 20%…. What fuckin happens when shit is actually inflecting in the right direction? (It rhymes with early retirement) https://x.com/tsxman/status/1978937624891924941?s=46&t=GKZdoXOzVLN-z5Zaa9-kFQ
0 · Reply
ConcentratedPositions
ConcentratedPositions Oct. 15 at 8:27 PM
$FET just pulling this out of the reply below. Id also disclaim this with the fact that FETs multiple is overstated… finbox incorporates leases into the net debt calc. At year end we’re looking at ~5x post the buyback share count and additional debt reduction.
1 · Reply
Latest News on FET
Michael McShane Appointed Chairman of FET Board of Directors

May 12, 2025, 8:29 AM EDT - 6 months ago

Michael McShane Appointed Chairman of FET Board of Directors


C. Christopher Gaut to Retire from FET Board of Directors

Feb 17, 2025, 8:30 AM EST - 9 months ago

C. Christopher Gaut to Retire from FET Board of Directors


Appointment of Evelyn Angelle to Bird's Board of Directors

Nov 26, 2024, 5:00 PM EST - 11 months ago

Appointment of Evelyn Angelle to Bird's Board of Directors


Wisconsin_Deuce
Wisconsin_Deuce Oct. 27 at 4:58 PM
$FET So we are gonna consolidate here for a bit before earnings? I guess I am ok with that given the run so far. Excited to see where we end the year!!
0 · Reply
impossibles02
impossibles02 Oct. 26 at 4:08 PM
$FET Correct 🙃
0 · Reply
GimmeDaFETingGold
GimmeDaFETingGold Oct. 23 at 8:01 PM
0 · Reply
ConcentratedPositions
ConcentratedPositions Oct. 23 at 1:59 PM
$FET probably a good time to remind everyone: At peak pre-covid share price of $33 in Q1 2023: - market cap = $33*10.2mm shares post conversion = $336MM 12/31/2022 NET debt post conversion was $134MM LT debt-$51MM cash = $83MM Resulting EV = $419MM Finbox LTM EBITDA $46MM, LTM CF from ops negative $17.1mm Today. Assuming ~11mm shares outstanding at 12/31 post buyback. Market cap is $330MM, net debt was $126MM on Q2 call and falling But EV today is $456MM ish. Finbox LTM EBITDA $78MM, LTM CF from ops $89MM!!! FCF yield to equity even at $50MM of CF is >15%.
1 · Reply
Bigoil21
Bigoil21 Oct. 23 at 12:56 PM
$FET need to see $30+ today. Then eps in a week!🔥
1 · Reply
ConcentratedPositions
ConcentratedPositions Oct. 22 at 5:23 PM
$FET i just found this… Could have used it too many times to count by now.
1 · Reply
ConcentratedPositions
ConcentratedPositions Oct. 21 at 8:22 PM
$FET have not listened to the HAL call but pretty interesting to see a big beat from the most US focused large cap considering what has happened to the frac spread count. Don’t want to get too optimistic about our ER but it’s a pretty good sign especially since world rig count was up QoQ
0 · Reply
DR_BGP
DR_BGP Oct. 20 at 7:07 PM
$FET i guess it’s going to take earnings and the updated share count to break this resistance.
1 · Reply
ConcentratedPositions
ConcentratedPositions Oct. 17 at 1:24 AM
$FET This is what you want to see when you have an OFS stock that has doubled off the bottom, despite weakening commodity prices, and still has a FCF yield over 20%…. What fuckin happens when shit is actually inflecting in the right direction? (It rhymes with early retirement) https://x.com/tsxman/status/1978937624891924941?s=46&t=GKZdoXOzVLN-z5Zaa9-kFQ
0 · Reply
ConcentratedPositions
ConcentratedPositions Oct. 15 at 8:27 PM
$FET just pulling this out of the reply below. Id also disclaim this with the fact that FETs multiple is overstated… finbox incorporates leases into the net debt calc. At year end we’re looking at ~5x post the buyback share count and additional debt reduction.
1 · Reply
macrossluvsrobotech
macrossluvsrobotech Oct. 15 at 7:53 AM
$FET.X $OCEAN.X : is the true scam: a lazily created token, an ER20 token, riding on Ehthereum. Doesn't even have it's own blockchain. Where's Ocean's llm, ? oh right, there is none. $FET? HAS BOTH: It's OWN blockchain and it's OWN FIRST AND ONLY WEB3LLM = https://asi1.ai/ I'll stick with the DEEPMIND pioneer, instead of some questionables over at $OCEAN.
0 · Reply
puctor
puctor Oct. 14 at 2:21 PM
$FET $OIS Ofs names are looking strong considering that oil price & rig count seem to be at rock bottom
1 · Reply
StockGuy2424
StockGuy2424 Oct. 10 at 10:59 PM
$TRNR From FAQ "While there are a few variables, the simplest way to understand the structure is that there is effectively a guarantee mechanism that insulates us against loss, even assuming the price of $FET decreases by around 50%. In such a scenario, it is expected that the Convertible Note could be satisfied with the $FET tokens and no longer be a liability at the Treasury subsidiary level."
1 · Reply
ConcentratedPositions
ConcentratedPositions Oct. 9 at 10:54 PM
$FET current WCS discount is nearly half what it usually is in Q4. Bullish Variperm https://www.bloomberg.com/news/articles/2025-10-09/canadian-oil-enters-fourth-quarter-at-strongest-level-since-july
0 · Reply
macrossluvsrobotech
macrossluvsrobotech Oct. 9 at 5:09 PM
$FET.X "As Ocean is gone from the alliance there will be 611 million FET tokens gone from the supply. This equals a huge portion of the whole supply of FET tokens. If you understand crypto = giga bullish news. $FET will rise and shine." https://x.com/vdp_94/status/1976231310067671196?s=46
0 · Reply
dobos
dobos Oct. 9 at 3:58 PM
$FET.X $FET please listen to this
1 · Reply
macrossluvsrobotech
macrossluvsrobotech Oct. 9 at 3:26 PM
$FET.X Everybody here, NEEDS to listen to this in it's ENTIRETY. Long $FET. https://x.com/Fetch_ai/status/1976241031331905854
1 · Reply
jesys101
jesys101 Oct. 9 at 12:39 PM
$FET 😁🦓
0 · Reply
ConcentratedPositions
ConcentratedPositions Oct. 6 at 6:56 PM
$FET 2H 2025 guidance was on rigs continuing to fall. Rigs +3% on a worldwide basis in Q3 vs. Q2.
0 · Reply
GimmeDaFETingGold
GimmeDaFETingGold Oct. 3 at 4:15 PM
$FET bought a chunk yesterday afternoon and again this morning early on, hoping to catch/trigger some reversal. Need the company to reignite that buyback and send us to 30 quick-like. $40 by year end.
2 · Reply
shkspr
shkspr Oct. 3 at 3:09 AM
$FET $QQQ $SPY If you’re interested in learning to trade the way I do, sign up here http://Www.redteam.us
0 · Reply
ConcentratedPositions
ConcentratedPositions Oct. 2 at 3:03 PM
$FET pretty low volume in this quick correction.
1 · Reply