Market Cap 343.27M
Revenue (ttm) 816.43M
Net Income (ttm) -135.33M
EPS (ttm) N/A
PE Ratio 0.00
Forward PE 55.62
Profit Margin -16.58%
Debt to Equity Ratio 0.47
Volume 74,600
Avg Vol 118,118
Day's Range N/A - N/A
Shares Out 11.38M
Stochastic %K 72%
Beta 0.85
Analysts Hold
Price Target $33.00

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
Laynester
Laynester Nov. 15 at 6:59 PM
$FET Need a visual aid to assist your decision to trigger a long investment on [FET]? Set a stop good to all. 100% --->
0 · Reply
yoyohmm
yoyohmm Nov. 14 at 3:26 PM
$TRNR did you even read why they doing crypto and ehy thry chosen $FET ? 😃
1 · Reply
DR_BGP
DR_BGP Nov. 11 at 3:14 PM
$FET slow march back to 33
4 · Reply
BigCFinancial
BigCFinancial Nov. 10 at 5:23 PM
I never claimed any of that. The price of $FET is still down substantially. Any buying at current levels is STILL at a substantial discount to original investment. They can release funds with a phone call. You are now going to be blocked.
0 · Reply
BigCFinancial
BigCFinancial Nov. 10 at 3:04 PM
It is NOT misinformation. The investor/fund/patner can make a business decision at any point to release funds/further invest/provide capital or what ever euphemism one wants to use and buy more $FET. If they agree with the $TRNR strategy to align with them on the AI portion and tonuse the $FET token as a DAT and they further believe the strategy is sound despite the selloff stemming from Ocean, than it would further make sense for them to see the sell off as an opportunity to increase the DAT at a steep discount from their original purchase/investment. That is how any LT investment strategy works and what Interactive IR (Franklin) laid out in his reply - its a long term investment strategy - not a ST trading plan. So it would certainly behoove both sides to have the flexibility to move fast in the market should such opportunities present themselves. Thats the way these agreements work when structured LT. If they are satisfied with the $FET swttlement 1/2
1 · Reply
BigCFinancial
BigCFinancial Nov. 9 at 10:02 PM
$TRNR Email from Interactivestrength.com IR attached as 2 screenshots. Contact info is on every PR and same one replied from. I did not post misinformation-they have a $500MM PSA to purchase $FET tokens. It could have been worded differently. Per IR - company did not sell any-no liquidatoon event occurred. Anyone can email the company. Probably best to get questions answered there vs here. $FET had a correction (normal after a big gain like that) and has continued to move back up over weekend. At - $90MM revs post SportsTech acquisition-this would have to trade at $45/share to gice 1 P/s at current 2.0MM OS. There will be dilution on the acquisition (laid out in filings as its funded by stock). Earlier analyst coverage gave it a $15 price target over the summer. Even that is only 1/4 of sales let alone a growth multiple. I still firmly believe there is a very large, naked short position that is being defended with cinstant wash trading
0 · Reply
BigCFinancial
BigCFinancial Nov. 7 at 10:16 PM
$TRNR According to the report just filed - yes. Nothing was sold by IS. Dont know if they purchased more during the sell off. They purchased $55MM out of $500MM set aside. Dont know how long they have to report something like that (if at all) in between 10Qs Best case sceanrio - they added substantially during the crash, close SportsTech, and then announce both together (closing of SportsTech and additional $FET purchases). Not only would it lower their DCA, it would further solidfy their DAT strategy, give strength to that community that the coin/alliance/strategy remains LT viabl3, and brings new investors to both. Short vol yesterday was 82% of total whil3 dark pool was 89%. Dark pool has been extremely high all week. Yet ATB has barely moved. With three green closes in a row-should see some movement early Mon-especially if $FET continues its move thru the weekend. If they do get a substantial squeeze-they have the ATM ready to go and can kill further dilition/conversions
1 · Reply
SangPiPa
SangPiPa Nov. 7 at 5:41 PM
0 · Reply
ConcentratedPositions
ConcentratedPositions Nov. 5 at 8:59 PM
$FET it doesn’t take a fuckin rocket scientist to see how this trend plays out. 162k bought in October for 27.77 average. $5 million getting put to work in both November and December. $40 million hitting the buyback in 2026.
1 · Reply
ConcentratedPositions
ConcentratedPositions Nov. 4 at 8:07 PM
$FET this would be the shit that looks fuckin questionable if you were a conspiracy theorist… exempt volume avoids the uptick rule and effectively lets market makers and some institutions short into or under the bid. I have absolutely no idea how any of that works… but it does mean that a very good portion of short volume was not fundamental. You’r AI browser can give you details.
3 · 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 - 1 year ago

Appointment of Evelyn Angelle to Bird's Board of Directors


Laynester
Laynester Nov. 15 at 6:59 PM
$FET Need a visual aid to assist your decision to trigger a long investment on [FET]? Set a stop good to all. 100% --->
0 · Reply
yoyohmm
yoyohmm Nov. 14 at 3:26 PM
$TRNR did you even read why they doing crypto and ehy thry chosen $FET ? 😃
1 · Reply
DR_BGP
DR_BGP Nov. 11 at 3:14 PM
$FET slow march back to 33
4 · Reply
BigCFinancial
BigCFinancial Nov. 10 at 5:23 PM
I never claimed any of that. The price of $FET is still down substantially. Any buying at current levels is STILL at a substantial discount to original investment. They can release funds with a phone call. You are now going to be blocked.
0 · Reply
BigCFinancial
BigCFinancial Nov. 10 at 3:04 PM
It is NOT misinformation. The investor/fund/patner can make a business decision at any point to release funds/further invest/provide capital or what ever euphemism one wants to use and buy more $FET. If they agree with the $TRNR strategy to align with them on the AI portion and tonuse the $FET token as a DAT and they further believe the strategy is sound despite the selloff stemming from Ocean, than it would further make sense for them to see the sell off as an opportunity to increase the DAT at a steep discount from their original purchase/investment. That is how any LT investment strategy works and what Interactive IR (Franklin) laid out in his reply - its a long term investment strategy - not a ST trading plan. So it would certainly behoove both sides to have the flexibility to move fast in the market should such opportunities present themselves. Thats the way these agreements work when structured LT. If they are satisfied with the $FET swttlement 1/2
1 · Reply
BigCFinancial
BigCFinancial Nov. 9 at 10:02 PM
$TRNR Email from Interactivestrength.com IR attached as 2 screenshots. Contact info is on every PR and same one replied from. I did not post misinformation-they have a $500MM PSA to purchase $FET tokens. It could have been worded differently. Per IR - company did not sell any-no liquidatoon event occurred. Anyone can email the company. Probably best to get questions answered there vs here. $FET had a correction (normal after a big gain like that) and has continued to move back up over weekend. At - $90MM revs post SportsTech acquisition-this would have to trade at $45/share to gice 1 P/s at current 2.0MM OS. There will be dilution on the acquisition (laid out in filings as its funded by stock). Earlier analyst coverage gave it a $15 price target over the summer. Even that is only 1/4 of sales let alone a growth multiple. I still firmly believe there is a very large, naked short position that is being defended with cinstant wash trading
0 · Reply
BigCFinancial
BigCFinancial Nov. 7 at 10:16 PM
$TRNR According to the report just filed - yes. Nothing was sold by IS. Dont know if they purchased more during the sell off. They purchased $55MM out of $500MM set aside. Dont know how long they have to report something like that (if at all) in between 10Qs Best case sceanrio - they added substantially during the crash, close SportsTech, and then announce both together (closing of SportsTech and additional $FET purchases). Not only would it lower their DCA, it would further solidfy their DAT strategy, give strength to that community that the coin/alliance/strategy remains LT viabl3, and brings new investors to both. Short vol yesterday was 82% of total whil3 dark pool was 89%. Dark pool has been extremely high all week. Yet ATB has barely moved. With three green closes in a row-should see some movement early Mon-especially if $FET continues its move thru the weekend. If they do get a substantial squeeze-they have the ATM ready to go and can kill further dilition/conversions
1 · Reply
SangPiPa
SangPiPa Nov. 7 at 5:41 PM
0 · Reply
ConcentratedPositions
ConcentratedPositions Nov. 5 at 8:59 PM
$FET it doesn’t take a fuckin rocket scientist to see how this trend plays out. 162k bought in October for 27.77 average. $5 million getting put to work in both November and December. $40 million hitting the buyback in 2026.
1 · Reply
ConcentratedPositions
ConcentratedPositions Nov. 4 at 8:07 PM
$FET this would be the shit that looks fuckin questionable if you were a conspiracy theorist… exempt volume avoids the uptick rule and effectively lets market makers and some institutions short into or under the bid. I have absolutely no idea how any of that works… but it does mean that a very good portion of short volume was not fundamental. You’r AI browser can give you details.
3 · Reply
ConcentratedPositions
ConcentratedPositions Nov. 4 at 7:32 PM
$FET 👇 I’ll put a fine point on the below: - 12/31/2024 EV was $332.3mm ($141.8mm net debt + $190.5mm market cap (12.3mm shares @ $15.49)) - Today - EV is $428.8mm ($106.8mm net debt + $322 market cap (11.5mm shares at 10/31 @ $28)) - post COVID peak EV was $419MM in Q1 2023. I highlight business improvements consistently so trading at the same level today or even close is fucking dumb (i know it, you know it, you know that i know that you know it) We’re literally 3 years from zero debt while still being able to buy probably $80 MILLION + worth of stock in that time (we know $15MM more this year and $40 next). Let it play out. Just turn the screen off for 2 years if you can’t handle watching the volatility
0 · Reply
ConcentratedPositions
ConcentratedPositions Nov. 4 at 6:58 PM
$FET quarterly report thoughts now that the shellshock from the price action has wore off. - total debt balance down almost $50 million while simultaneously buying back 8% of shares YTD = not bad Interest savings on credit line pay down YTD = $3.5mm annualized. Add that to the facility consolidation efforts which were $5MM in annualized savings…. Another $8.5mm increase in FCF run rate = not bad
1 · Reply
ConcentratedPositions
ConcentratedPositions Nov. 4 at 6:33 PM
$FET not bearish… https://x.com/ncitayim/status/1985577189031756124?s=46&t=GKZdoXOzVLN-z5Zaa9-kFQ
1 · Reply
ConcentratedPositions
ConcentratedPositions Nov. 3 at 2:32 PM
$FET $FET guy on SumZero calling this a pound the table moment similar to when we hit $14. Upped PT from $34 to $46. $15MM more buybacks this year, $40MM more next year. Full send.
2 · Reply
DR_BGP
DR_BGP Nov. 2 at 4:34 PM
$FET hopefully the company sets the buyback machine on the aggressive setting for next week. Let’s retire another 500,000 plus shares.
0 · Reply
RIPPaulie_Wallstreetnuts
RIPPaulie_Wallstreetnuts Oct. 31 at 9:59 PM
$FET what gives…..
2 · Reply
puctor
puctor Oct. 31 at 8:45 PM
$OIS $FET both delivered strong numbers in an incredibly challenging environment but still got clobbered today. Interestingly, both stocks kept outperforming their peers in the last few weeks and were technically in a breakout pattern. Typical market manipation imo. A breakout will take place but they dont want to make it easy
0 · Reply
ConcentratedPositions
ConcentratedPositions Oct. 31 at 7:53 PM
$FET good summary....
1 · Reply
Bigoil21
Bigoil21 Oct. 31 at 5:47 PM
$FET also wanted to note, upon opening. Lots of volumes from the start. Could see a good swing up in after hours. Shares are coming and going at a faster rate.
1 · Reply
ConcentratedPositions
ConcentratedPositions Oct. 31 at 3:57 PM
$FET unfortunately, the question queues wasnt working for me. But this is essentially a repeat of Q2. IMO a very positive surprise supporting results through 2026 with a large backlog. 2025 revenue and EBITDA are going to be higher than I would have imagined and cash generation as strong as ever… $15MM of buyback powder remaining for Q4. Cash generation efforts in 2025 look like they’re unlocking $40MM of additional buybacks in 2026. My assumption is the current algo (or whoever the fuck is selling) induced dip is short lived. Deploying cash into lower price for buybacks isn’t the end of the world. Though the fact a dip like today is even possible given results is fuckin batshit crazy
2 · Reply
impossibles02
impossibles02 Oct. 31 at 3:34 PM
0 · Reply
jeffpb
jeffpb Oct. 31 at 3:05 PM
$FET crushed earnings. So of course it gets
0 · Reply