Forum Energy Technologies is a global oilfield products company, serving the subsea, drilling, completion, production and infrastructure sectors of the oil and natural gas industry. The Company’s products include highly engineered capital equipment as well as products that are consumed in the drilling, well construction, production and transportation of oil and natural gas. Forum is headquartered in Houston, TX with manufacturing and distribution facilities strategically located around the globe.
HOUSTON--(BUSINESS WIRE)--Oct. 11, 2017--
Forum Energy Technologies, Inc. (NYSE: FET) announced today that its
third quarter results were adversely affected by Hurricane Harvey’s
widespread damage in Texas and Louisiana. Forum was impacted by
temporarily idled facilities and operations directly related to Harvey,
which resulted in foregone revenue and under-absorption of manufacturing
costs. The company also experienced the indirect effect of customer,
HOUSTON--(BUSINESS WIRE)--Oct. 5, 2017--
Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will
host its third quarter 2017 earnings conference call at 9:00 AM CDT on
Tuesday, October 31, 2017. Forum will issue a press release regarding
its third quarter 2017 earnings prior to the conference call.
To participate in the earnings conference call, please call 855-757-8876
within North America, or 631-485-4851 outside of North Ameri...
HOUSTON--(BUSINESS WIRE)--Aug. 30, 2017--
Forum Energy Technologies, Inc. (NYSE:FET) announced that
Forum will be participating in the 2017 Barclays CEO Energy-Power
Conference to be held September 5 - 7, 2017 in New York.
C. Christopher Gaut, Forum’s Executive Chairman and Prady Iyyanki,
President and Chief Executive Officer, are scheduled to present at the
conference on Wednesday, September 6, 2017 at 3:45 p.m. Eastern Time. A
link to th...
HOUSTON--(BUSINESS WIRE)--Aug. 28, 2017--
Forum Energy Technologies, Inc. (NYSE: FET) announced today that it
signed a definitive agreement to acquire the membership interests in
Global Tubing from its joint venture partner Quantum Energy Partners. As
part of the transaction, Forum will also acquire management’s interest
in the joint venture and repay Global Tubing‘s net debt. The aggregate
transaction value is approximately $237 million, including the i...
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