
Forum Energy Technologies Inc
FET · NYSE · Energy / Oil & Gas Equipment & Services
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About
Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, defense, and renewable energy industries in the United States and internationally. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures, and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation, and intervention markets, including applications in oil and natural gas, renewable energy, defense, and communications industries. This segment also offers drilling capital equipment and consumable products; subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tooling, and technical services; hydraulic fracturing pumps, cooling systems, and high-pressure flexible hoses and flow iron; wireline cable and pressure control equipment; and coiled tubing strings and pressure control equipment, as well as coiled line pipe and related services. The Artificial Lift and Downhole Segment designs, manufactures, and supplies products and solutions for the artificial lift, well construction, production, and infrastructure markets. This segment also offers products designed to safeguard artificial lift equipment and downhole cables; well construction casing and cementing equipment; customized downhole technology solutions, which provides sand and flow control products for heavy oil applications; engineered process systems, production equipment, and separation equipment; and a range of industrial valves. It sells its products through distributors to drilling rig contractors, offshore service companies, governmental organizations, and oil and gas operators and producers. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.
Company Details
- SectorEnergy
- IndustryOil & Gas Equipment & Services
- CEOMr. Neal A. Lux
- Employees1.70K
- Headquarters10344 Sam Houston Park Drive, Houston, TX, United States, 77064, USA
- Websitehttps://f-e-t.com
Leadership
- Mr. Neal A. LuxPresident, CEO & Director · b. 1975
- Mr. David Lyle Williams Jr.Executive VP & CFO · b. 1970
- Mr. John C. Ivascu J.D.Executive VP, General Counsel, Chief Compliance Officer & Corporate Secretary · b. 1978
- Mr. Rob KuklaDirector of Investor Relations
- Mr. Michael D. DanfordSenior VP & Chief Human Resources Officer · b. 1963
- Mr. Steven PoundsSenior Vice President of Operations · b. 1973
- Mr. Mark BrookesSenior Vice President of Operations · b. 1976
- Mr. Tylar K. SchmittVP of Finance & Treasurer · b. 1973
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Ownership Breakdown
- Institutions
- 86.52%
- Insiders
- 6.97%
- Retail / Other
- 6.51%
Top Institutional Holders
- BlackRock Inc884.46K7.71%
- Dimensional Fund Advisors, Inc.653.99K5.70%
- Vanguard Capital Management, LLC495.71K4.32%
- American Century Companies Inc445.21K3.88%
- Two Sigma Investments LLC408.25K3.56%
- Acadian Asset Management LLC400.86K3.49%
- State Street Corp328.48K2.86%
- Jacobs Levy Equity Management, Inc.265.22K2.31%
- Geode Capital Management, LLC255.80K2.23%
- Allspring Global Investments Holdings, LLC244.91K2.13%
- The Goldman Sachs Group Inc213.12K1.86%
- IES Holdings Inc212.86K1.86%
- AQR Capital Management LLC194.27K1.69%
- Nuveen, LLC170.60K1.49%
- JPMorgan Chase & Co168.21K1.47%
Top Fund Holders
- Avantis US Small Cap Value ETF390.97K3.41%
- Vanguard MStar Total Stk Mkt Idx Invest325.44K2.84%
- iShares Russell 2000 ETF274.76K2.39%
- VT De Lisle America B USD226.89K1.98%
- DFA US Small Cap Value I154.53K1.35%
Stock Splits
- Nov 10, 20201:20