Forum Energy Technologies, Inc.

Forum is a manufacturer and supplier of coiled tubes, bearings, pumps and valves for the oil and natural gas industry. Read more

1,136 Followers on Owler
1,136 Followers on Owler
1,136 Followers on Owler
1,136 Followers on Owler

Forum Energy Technologies, Inc.

Forum is a manufacturer and supplier of coiled tubes, bearings, pumps and valves for the oil and natural gas industry. Read more

Christopher C. Gaut's photo - Chairman & CEO of Forum Energy Technologies, Inc.

Chairman & CEO

Christopher C. Gaut

CEO Approval Rating

78/100

Founded:

2010

Status:

PublicIndependent CompanyNYSEFET

FORUM ENERGY TECHNOLOGIES, INC. TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

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Patterson-UTI has been one of Forum Energy Technologies, Inc.'s top competitors. Patterson-UTI was founded in 1978, and is headquartered in Houston, Texas. Patterson-UTI competes in the Oil & Gas Drilling industry. Patterson-UTI generates $406.8M more revenue vs. Forum Energy Technologies, Inc..

C&J Energy Services is a top competitor of Forum Energy Technologies, Inc.. C&J Energy Services is a Private company that was founded in Houston, Texas in 1997. C&J Energy Services competes in the Oil & Gas Equipment & Services field. C&J Energy Services has 3,899 more employees vs. Forum Energy Technologies, Inc..

Exterran is perceived as one of Forum Energy Technologies, Inc.'s biggest rivals. Exterran was founded in 2007, and its headquarters is in Houston, Texas. Exterran is in the Electric, Water & Gas Utilities industry. Exterran has 600 more employees than Forum Energy Technologies, Inc..

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Forum Energy Technologies, Inc. Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$512.5M

Forum Energy Technologies, Inc.'s revenue is the ranked 36th among it's top 10 competitors. The top 10 competitors average 4.6B. Over the last four quarters, Forum Energy Technologies, Inc.'s revenue has decreased by 38.1%. Specifically, in Q4 2020's revenue was $113M; in Q3 2020, it was $103.6M; in Q2 2020, it was $113.3M; in Q1 2020, Forum Energy Technologies, Inc.'s revenue was $182.6M.

Forum Energy Technologies, Inc. Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Global Heat Transfer, LLC

Oct 2018

Source »
undisclosed
GHT manufactures radiators and industrial cooling systems for oil and gas, mining and power generation markets.
Multilift Welltec LLC

Jul 2017

Source »
undisclosed
Multilift designs, manufactures and markets sand protection and completion tools for electrical submersible pumps.
COOPER Valves

Jan 2017

Source »
undisclosed
COOPER is a designer and manufacturer of metal seated ball valves for industrial applications.

-

Wholesale Completion Packer Business, Team Oil Tools, Inc.

Apr 2016

Source »
undisclosed
-
J-Mac Tool, Inc.

Jan 2015

Source »
undisclosed
J-Mac provides well service pumps and fluid end design equipments.

These are all the companies that Forum Energy Technologies, Inc. has acquired. Forum Energy Technologies, Inc. has acquired 13 companies and its latest acquisition was Global Heat Transfer, LLC in Oct 2018. GHT manufactures radiators and industrial cooling systems for oil and gas, mining and power generation markets.

Forum Energy Technologies, Inc. Funding History

Since Forum Energy Technologies, Inc. was founded in 2010, it has participated in 6 rounds of funding. In total Forum Energy Technologies, Inc. has raised $1.0B. Forum Energy Technologies, Inc.'s last funding round was on Oct 2017 for a total of $118.9M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Oct 2017
$118.9M
-
Equity
Jan 2017
$5M
-
IPO
Apr 2012
$378.9M
-
Equity
Jun 2011
$10.7M
-
Equity
Jun 2011
$3M
-

Since Forum Energy Technologies, Inc. was founded in 2010, it has participated in 6 rounds of funding. In total Forum Energy Technologies, Inc. has raised $1.0B. Forum Energy Technologies, Inc.'s last funding round was on Oct 2017 for a total of $118.9M

Forum Energy Technologies, Inc. Investments

No recent investments found related to Forum Energy Technologies, Inc.

These are all the companies that Forum Energy Technologies, Inc. has invested in. Forum Energy Technologies, Inc. has invested 13 companies and its latest investment was Global Heat Transfer, LLC in Oct 2018. GHT manufactures radiators and industrial cooling systems for oil and gas, mining and power generation markets.

Forum Energy Technologies, Inc. News

March 18, 2021Zacks

Forum Energy, Deepsea Technologies Team Up for Tech Support

Forum Energy (FET) enters a partnership agreement with Deepsea Technologies to represent its Brazil-b... See more »
February 9, 2021MarketScreener

Announces Timing of Fourth Quarter and Full Year 2020 Earnings Release and Conference Call

(marketscreener.com) Forum Energy Technologies, Inc. announced today that it will host its fourth qua... See more »
January 26, 2021ADS Advance

Forum produces advanced SRV

Forum Energy Technologies today announced it has completed manufacturing a highly advanced submarine ... See more »
January 5, 2021PHCP Pros

Anvil and Smith-Cooper International Acquire ABZ and Quadrant Valve Brands

The acquisition will enhance the company's flow control portfolio with patented and industry-leading ... See more »
November 6, 2020St Louis Post Dispatch

3Q Earnings Snapshot

HOUSTON (AP) - Forum Energy Technologies Inc. (FET) on Thursday reported a loss of $21.6 million in i... See more »
November 6, 2020MarketScreener

Announces Third Quarter 2020 Results

(marketscreener.com) Revenue of $104 million Net loss of $22 million and diluted EPS of negative $0.1... See more »

Forum Energy Technologies, Inc. Press Releases

January 10, 2017Blackbird

Forum Energy Technologies Announces Timing of Fourth Quarter 2016 Earnings Release and Conference Call

HOUSTON-(BUSINESS WIRE)-Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host... See more »
December 13, 2016Blackbird

Forum Energy Technologies Announces Amendment to Revolving Credit Facility

HOUSTON-(BUSINESS WIRE)-Forum Energy Technologies, Inc. (NYSE: FET) today announced it has entered in... See more »
September 9, 2016PR Newswire

How These Oil & Gas Stocks are Faring? -- TETRA Technologies, Hornbeck Offshore Services, Forum Energy Technologies, and Flotek Industries

NEW YORK, September 9, 2016 /PRNewswire/ -- Operators in the Oil and Gas Equipment and Services indus... See more »
June 30, 2016Business Wire

Forum Energy Technologies Announces Timing of Second Quarter 2016 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will ho... See more »
June 29, 2016PR Newswire

Stocks Coverage on the Basic Materials Sector -- Forum Energy Technologies, Shell Midstream Partners, Crestwood Equity Partners, and Core Laboratories

NEW YORK, June 29, 2016 /PRNewswire/ -- On Tuesday, June 28, 2016, the NASDAQ Composite ended the tra... See more »
May 21, 2016PressReleasePing

Oil and Gas - Company Profile, SWOT and Financial Analysis

Forum Energy Technologies, Inc.: Oil and Gas - Company Profile, SWOT and Financial Analysis contains ... See more »

Forum Energy Technologies, Inc. Videos

Social Media

Forum Energy Technologies, Inc. Headquarters

920 Memorial City Way Suite 1000

Houston, Texas77024

281-949-2500

Driving Directions »

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Forum Energy Technologies, Inc. Summary

ABOUT

Overview

Forum is a manufacturer and supplier of coiled tubes, bearings, pumps and valves for the oil and natural gas industry. Forum Energy Technologies, Inc. was founded in 2010. Forum Energy Technologies, Inc.'s headquarters is located in Houston, Texas, US...

CEO

Forum Energy Technologies, Inc.'s Chairman & CEO, Christopher C. Gaut, currently has an approval rating of 78%. Forum Energy Technologies, Inc.'s primary competitors are Patterson-UTI, C&J Energy Services & Exterran.

Website

f-e-t.com

Frequently Asked Questions about Forum Energy Technologies, Inc.

  1. When was Forum Energy Technologies, Inc. founded?

    Forum Energy Technologies, Inc. was founded in 2010
  2. Who is Forum Energy Technologies, Inc.'s CEO?

    Forum Energy Technologies, Inc.'s CEO is Christopher C. Gaut
  3. How much revenue does Forum Energy Technologies, Inc. generate?

    Forum Energy Technologies, Inc. generates $512.5M in revenue
  4. How much funding does Forum Energy Technologies, Inc. have?

    Forum Energy Technologies, Inc. has historically raised $1B in funding
  1. Where is Forum Energy Technologies, Inc.'s headquarters?

    Forum Energy Technologies, Inc.'s headquarters is in Houston Texas, USA
  2. How many employees does Forum Energy Technologies, Inc. have?

    Forum Energy Technologies, Inc. has 2,500 employees
  3. What sector does Forum Energy Technologies, Inc. operate in?

    Forum Energy Technologies, Inc. is in Electrical Components & Equipment, Industrial Machinery & Equipment
  4. Who are Forum Energy Technologies, Inc.'s competitors?

    Forum Energy Technologies, Inc.'s top competitors are Patterson-UTI, C&J Energy Services, Exterran