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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…
October 24, 2024
Forum Energy Technologies Announces Pricing of $100 Million Senior Secured Bond Issuance
HOUSTON --(BUSINESS WIRE)--Oct. 24, 2024-- 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”).…
October 14, 2024
Forum Energy Technologies Provides Preliminary Third Quarter 2024 Selected Financial Results
HOUSTON --(BUSINESS WIRE)--Oct. 14, 2024-- 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…
October 14, 2024
Forum Energy Technologies Announces $100 Million Bond Issuance
HOUSTON --(BUSINESS WIRE)--Oct. 14, 2024-- 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”).…
October 8, 2024
Forum Energy Technologies to Participate in Water Tower Fireside Chat
HOUSTON --(BUSINESS WIRE)--Oct. 8, 2024-- Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux , President and Chief Executive Officer, and Lyle Williams , Executive Vice President and Chief Financial Officer, will participate in a fireside chat with Water Tower Research on…
October 8, 2024
Forum Energy Technologies Announces Timing of Third Quarter 2024 Earnings Conference Call
HOUSTON --(BUSINESS WIRE)--Oct. 8, 2024-- 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
…August 27, 2024
Forum Energy Technologies to Present at the 2024 Gateway Conference on September 4, 2024
HOUSTON , Aug. 27, 2024 (GLOBE NEWSWIRE) -- Forum Energy Technologies, Inc. (NYSE: FET) (“FET”), a global designer, manufacturer and distributor of products to the oil, natural gas, industrial and renewable energy industries, is confirmed to present at the 2024 Annual Gateway Conference , which is…
August 15, 2024
Forum Energy Technologies to Present at EnerCom Denver – The Energy Investment Conference
HOUSTON, Texas --(BUSINESS WIRE)--Aug. 15, 2024-- Forum Energy Technologies, Inc. (NYSE: FET) announced today that Lyle Williams , Chief Financial Officer, will present at the EnerCom Denver – The Energy Investment Conference . Mr. Williams’ presentation is scheduled for Tuesday, August 20, 2024 ,…
