News Releases

March 27, 2023

Forum Energy Technologies Awarded Approximately $25 Million Contract to Provide Desalter Systems to Saudi Aramco

HOUSTON --(BUSINESS WIRE)--Mar. 27, 2023-- Forum Energy Technologies, Inc. (NYSE: FET) has been awarded an approximately $25 million contract to design, engineer, and supply four electrostatic desalter systems for an onshore project at the Safaniyah oil field, Kingdom of Saudi Arabia .…

February 20, 2023

Forum Energy Technologies, Inc. Announces Fourth Quarter and Full Year 2022 Results and Outlook

Full Year 2022 Highlights and 2023 Guidance Revenue: $700 million , a 29% year-over-year increase Orders: $781 million and book-to-bill ratio of 112% Net Income: $4 million and diluted EPS of $0.62 Adjusted EBITDA: $59 million , a 194% increase from 2021 Second half 2022 Free Cash Flow: $62 million…

February 7, 2023

Forum Energy Technologies Announces Timing of Fourth Quarter and Full Year 2022 Earnings Conference Call

HOUSTON --(BUSINESS WIRE)--Feb. 7, 2023-- Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter and full year 2022 earnings conference call at 10:00 a.m. Central Standard Time on Tuesday, February 21, 2023 . FET will issue a press release regarding its…