Forum Energy Technologies/$FET

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About Forum Energy Technologies

Forum Energy Technologies Inc is a products company, serving the oil, natural gas, industrial and renewable energy industries. The company designs, manufactures, and distributes products and engages in aftermarket parts supply and services that complement its product offering. Its products include engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. It operates in two reporting segments, namely Drilling and Completions and Artificial Lift and Downhole. Revenue largely comes from Artificial Lift and Downhole segment.

Ticker

$FET
Sector

Primary listing

NYSE

Employees

1,800

FET Metrics

BasicAdvanced
$308M
-
-$8.91
0.88
-

Bulls say / Bears say

Strong international drilling demand, as shown by Halliburton beating Q1 profit estimates with global activity offsetting North American weakness, signals healthy order flow for FET’s Drilling & Completions segment (Reuters).
Robust demand for natural gas equipment helped Baker Hughes beat Q2 profit estimates, suggesting continued investment in gas processing and power infrastructure that could drive higher orders for FET’s Artificial Lift & Downhole products (Reuters).
Baker Hughes increased its full-year revenue outlook on strong demand for LNG equipment, indicating a healthy project pipeline that may lead customers to boost capital spending on related subsea and completion equipment from FET (Reuters).
OPEC output increases and trade tensions have pushed U.S. oil prices down to about $55 per barrel, below the break-even level for most producers, which is likely to restrict drilling budgets and reduce demand for FET’s core equipment (Reuters).
Diamondback Energy expects oilfield service prices to fall as drilling activity slows, which may put pressure on FET’s margins and pricing in the Drilling & Completions segment (Reuters).
Continued trade policy uncertainty, with Baker Hughes noting a $100–200 million tariff impact on core profit, underlines the risk of higher costs and supply chain issues for equipment suppliers such as FET (Reuters).
Data summarised monthly by Lightyear AI. Last updated on 21 Sept 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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