Profile
Sector:
EnergyIndustry:
Oil & Gas Equipment & ServicesCountry:
United StatesIPO:
12 April 2012Website:
http://www.f-e-t.comNext earnings report:
N/ALast dividends:
N/ANext dividends:
N/APrice
regular market | 6 min agoDividend
Analysts recommendations
Institutional Ownership
FET Latest News
Dallas, Texas--(Newsfile Corp. - November 4, 2024) - Forum Energy Technologies, Inc. (NYSE: FET) Stonegate Capital Partners updates their coverage on Forum Energy Technologies, Inc. (NYSE: FET). FET reported revenue, adj EBITDA, and adj net income of $207.8M, $25.8M, and ($2.3)M, respectively.
Forum Energy Technologies, Inc. (NYSE:FET ) Q3 2024 Earnings Conference Call November 1, 2024 11:00 AM ET Company Participants Rob Kukla - Director of Investor Relations Neal Lux - President and Chief Executive Officer Lyle Williams - Chief Financial Officer Conference Call Participants Dave Storms - Stonegate John Daniel - Daniel Energy Partners Daniel Pickering - Pickering Energy Partners Jeff Robertson - Water Tower Research Operator Good morning, ladies and gentlemen, and welcome to the Forum Energy Technologies Third Quarter 2024 Earnings Conference Call. My name is Gigi, and I'll be your coordinator for today's call.
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) (“FET”) announced today that it has finalized the terms of FET's private offering of USD $100.0 million aggregate principal amount of 10.5% senior secured bonds (the “Offering”). The bonds will mature in November 2029 and will be issued at par. The Offering is expected to close on November 7, 2024, subject to customary closing conditions. FET intends to use the net proceeds from the Offering, together with cash on hand, to re.
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) (the “Company” or “FET”) today announced the following preliminary selected Third Quarter 2024 financial results, compared to the Second Quarter 2024. Revenue of approximately $208 million, compared to $205 million Bookings of approximately $205 million, compared to $180 million Adjusted EBITDA of approximately $26 million, compared to $26 million Free Cash Flow (before acquisitions) of approximately $24 million, compared to.
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) (“FET”) announced today the commencement of a backstopped private offering of USD $100.0 million aggregate principal amount of 5-year senior secured bonds (the “Offering”). FET intends to use the net proceeds from the Offering, together with cash on hand, to redeem in full all outstanding 9.000% Convertible Senior Secured Notes due 2025 (the “2025 Notes”) and to repay all borrowings outstanding under the seller term loan issu.
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its third quarter 2024 earnings conference call at 10:00 a.m. Central Time on Friday, November 1, 2024. FET will issue a press release reporting its third quarter 2024 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants who want to ask a question during the call should register on FET's Investor Rel.
Forum Energy Technologies, Inc. (NYSE:FET ) Q2 2024 Earnings Conference Call August 2, 2024 11:00 AM ET Company Participants Rob Kukla - Director of IR Neal Lux - President, CEO & Director Lyle Williams - EVP & CFO Conference Call Participants David Storms - Stonegate Capital Markets Daniel Pickering - Pickering Energy Partners Jeffrey Robertson - Water Tower Research Operator Good morning, ladies and gentlemen, and welcome to the Forum Energy Technologies Second Quarter 2024 Earnings Conference Call. My name is Gigi, and I'll be your coordinator for today's call.
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its second quarter 2024 earnings conference call at 10:00 a.m. Central Time on Friday, August 2, 2024. FET will issue a press release reporting its second quarter 2024 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants who want to ask a question during the call should register on FET's Investor Rel.
Forum Energy Technologies, Inc. (NYSE: FET) shared that Neal Lux, President and CEO, and Lyle Williams, EVP and CFO, will be speaking at the Sidoti Virtual Investor Conference on May 8, 2024 at 12:15 p.m. ET. You can watch the presentation live at this link: https://sidoti.zoom.us/webinar/register/WN_NDUsKoIBRg2QPKXFQ8-OLg.
Forum Energy Technologies, Inc. (NYSE:FET) will be holding its Q1 2024 Earnings Conference Call on May 3, 2024 at 11:00 AM ET. The call will feature Rob Kukla as the Director of IR, Neal Lux as the President, CEO & Director, and Lyle Williams as the EVP & CFO. Conference Call Participants include Josh Jayne from Daniel Energy Partners, Dave Storms from Stonegate, Dan Pickering from Pickering Energy Partners, and Jeffrey Robertson from Water Tower Research. Operator Gigi will be coordinating the call. Welcome to the Forum Energy Technologies First Quarter 2024 Earnings Conference Call.
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What type of business is Forum Energy Technologies?
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 and services 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 products for artificial lift equipment and cables; and subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tools, and technical services. The Completions segment offers hydraulic fracturing pumps, cooling systems, high-pressure flexible hoses, and flow iron for pressure pumping markets; wireline cable and pressure control equipment for well completion and intervention service markets; and coiled tubing strings and coiled line pipe and related services. 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.
What sector is Forum Energy Technologies in?
Forum Energy Technologies is in the Energy sector
What industry is Forum Energy Technologies in?
Forum Energy Technologies is in the Oil & Gas Equipment & Services industry
What country is Forum Energy Technologies from?
Forum Energy Technologies is headquartered in United States
When did Forum Energy Technologies go public?
Forum Energy Technologies initial public offering (IPO) was on 12 April 2012
What is Forum Energy Technologies website?
https://www.f-e-t.com
Is Forum Energy Technologies in the S&P 500?
No, Forum Energy Technologies is not included in the S&P 500 index
Is Forum Energy Technologies in the NASDAQ 100?
No, Forum Energy Technologies is not included in the NASDAQ 100 index
Is Forum Energy Technologies in the Dow Jones?
No, Forum Energy Technologies is not included in the Dow Jones index
When was Forum Energy Technologies the previous earnings report?
No data
When does Forum Energy Technologies earnings report?
Next earnings report date is not announced yet