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Corporate Profile

FET (Forum Energy Technologies) is a global company, serving the oil, natural gas, industrial and renewable energy industries. FET provides value added solutions that increase the safety and efficiency of energy exploration and production. We are an environmentally and socially responsible company headquartered in Houston, TX with manufacturing, distribution and service facilities strategically located throughout the world.

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Latest News
December 9, 2024

Forum Energy Technologies Announces $75 Million Share Repurchase Program and Completion of Sale-Leaseback Transactions

$75 million share repurchase program Net Proceeds of $20 million from sale-leaseback transactions HOUSTON --(BUSINESS WIRE)--Dec. 9, 2024-- Forum Energy Technologies, Inc. (NYSE: FET) (“FET”) today announced that its Board of Directors has authorized a program for the repurchase of outstanding…

November 11, 2024

Forum Energy Technologies Announces Closing of $100 Million Senior Secured Bond Issuance

HOUSTON --(BUSINESS WIRE)--Nov. 11, 2024-- Forum Energy Technologies, Inc. (NYSE: FET) (“FET”) announced today that it closed its offering of USD $100.0 million aggregate principal amount of 10.5% senior secured bonds (the “Offering”) on November 8, 2024 .…

October 31, 2024

Forum Energy Technologies Announces Third Quarter 2024 Results; Raises Free Cash Flow Guidance

Revenue: $208 million , a 16% year-over-year increase Orders: $206 million   and book-to-bill of 99% Net loss: $15 million , or $1.20 per diluted share Adjusted EBITDA: $26 million , up 55%   year-over-year Operating cash flow and free cash flow: $26 million and $25 million , respectively Raises…

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