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10/11/17Forum Energy Technologies Announces Effect of Hurricane Harvey, Updates Third Quarter 2017 Guidance
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, ... 
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10/05/17Forum Energy Technologies Announces Timing of Third Quarter 2017 Earnings Release and Conference Call
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... 
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08/30/17Forum Energy Technologies to Present at the Barclay’s CEO Energy-Power Conference
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... 
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08/28/17Forum Energy Technologies Announces Purchase of Remaining Membership Interests in Global Tubing, LLC from Joint Venture Partner Quantum Energy Partners and Management
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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07/27/17Forum Energy Technologies Announces Second Quarter 2017 Results
HOUSTON--(BUSINESS WIRE)--Jul. 27, 2017-- Forum Energy Technologies, Inc. (NYSE:FET) today announced second quarter 2017 revenue of $201 million, an increase of $30 million, or 18%, from the first quarter 2017. Net loss for the quarter was $78 million, or $0.81 per diluted share, compared to a net loss of $16 million, or $0.16 per diluted share, for the first quarter 2017. Excluding $69 million or $0.71 per share of special items, the adjusted net... 
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07/05/17Forum Energy Technologies Acquires Multilift
HOUSTON--(BUSINESS WIRE)--Jul. 5, 2017-- Forum Energy Technologies, Inc. (NYSE: FET) announced today that it acquired the stock of Multilift from Pelican Energy Partners, a Houston-based oilfield services focused private equity fund, and management. Based in Houston, Texas, Multilift manufactures the patented SandGuard™ and the Cyclone™ completion tools. These innovative products extend the useful life of an electrical submersible pump (ESP) by pr... 
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06/28/17Forum Energy Technologies Announces Timing of Second Quarter 2017 Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--Jun. 28, 2017-- Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its second quarter 2017 earnings conference call at 9:00 AM CDT on Friday, July 28, 2017. Forum will issue a press release regarding its second 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 Americ... 
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04/27/17Forum Energy Technologies Announces First Quarter 2017 Results
HOUSTON--(BUSINESS WIRE)--Apr. 27, 2017-- Forum Energy Technologies, Inc. (NYSE: FET) today announced first quarter 2017 revenue of $171 million, an increase of $24 million, or 16%, from the fourth quarter 2016. Net loss for the quarter was $16 million, or $0.16 per diluted share, compared to a net loss of $13 million, or $0.14 per diluted share, for the fourth quarter 2016. Excluding $2 million or $0.02 per share of special items, the adjusted ne... 
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04/04/17Forum Energy Technologies Announces Timing of First Quarter 2017 Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--Apr. 4, 2017-- Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its first quarter 2017 earnings conference call at 9:00 AM CDT on Friday, April 28, 2017. Forum will issue a press release regarding its first 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 America.... 
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02/20/17Forum Energy Technologies Announces CEO Succession
HOUSTON--(BUSINESS WIRE)--Feb. 20, 2017-- Forum Energy Technologies, Inc. (NYSE:FET) announced today that as part of a long planned transition its Board of Directors appointed Mr. Prady Iyyanki as President and Chief Executive Officer, effective May 16, 2017. Mr. Iyyanki currently serves as President and Chief Operating Officer. Mr. C. Christopher Gaut, the current Chief Executive Officer, will become Executive Chairman. The Board has also nominated Mr. ... 
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02/09/17Forum Energy Technologies Announces Fourth Quarter and Full Year 2016 Results
HOUSTON--(BUSINESS WIRE)--Feb. 9, 2017-- Forum Energy Technologies, Inc. (NYSE: FET) today announced fourth quarter 2016 revenue of $147 million, an increase of $9 million, or 6%, from the third quarter 2016. Net loss for the quarter was $13 million, or $0.14 per diluted share, compared to a net loss of $18 million, or $0.20 per diluted share, for the third quarter 2016. Excluding $3 million or $0.02 per share of special items, the adjusted net loss was ... 
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01/10/17Forum Energy Technologies Announces Timing of Fourth Quarter 2016 Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--Jan. 10, 2017-- Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter 2016 earnings conference call at 9:00 AM CST on Friday, February 10, 2017. Forum will issue a press release regarding its fourth quarter 2016 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 Am... 
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01/09/17Forum Energy Technologies Acquires Cooper Valves and Innovative Valve Components
HOUSTON--(BUSINESS WIRE)--Jan. 9, 2017-- Forum Energy Technologies, Inc. (NYSE: FET) announced today that it has acquired the assets of Cooper Valves and a 100% ownership interest in Innovate Valve Components. Based in Stafford, Texas, Cooper Valves manufactures Accuseal® metal seated ball valves engineered to meet Class VI shut off standards for use in severe service applications, as well as a full line of cast and forged gate, globe, and check valves. ... 
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