Welcome to our dedicated page for Forum Energy Technologies news (Ticker: FET), a resource for investors and traders seeking the latest updates and insights on Forum Energy Technologies stock.
Forum Energy Technologies, Inc. reports business developments for a global manufacturer serving the oil, natural gas, defense, and renewable energy industries. The company supplies engineered capital equipment and consumable products used in drilling, well construction, production, subsea, coiled tubing, wireline, stimulation, artificial lift, and oil and natural gas processing markets.
FET news commonly covers quarterly results, segment revenue, adjusted EBITDA, order activity, book-to-bill trends, cash flow, guidance, and product demand across its Drilling and Completions and Artificial Lift and Downhole segments. Updates also include credit facility amendments, share repurchase activity, investor conference presentations, and management commentary on manufacturing utilization, cost initiatives, and market demand.
Forum Energy Technologies (NYSE: FET) reported Q1 2026 revenue of $209 million, net income of $4 million ($0.39 diluted) and adjusted net income of $6 million. Adjusted EBITDA was $23 million. Orders totaled $221 million with a book-to-bill of 106% and backlog up 44% YoY. The company repurchased $5 million of shares and raised full-year 2026 adjusted EBITDA guidance to a range of $95–$110 million with a new midpoint of $103 million. Q2 adjusted EBITDA is guided at $24–$30 million.
Forum Energy Technologies (NYSE: FET) will host its Q1 2026 earnings conference call at 10:00 a.m. Central Time on Friday, May 1, 2026. The company will issue a press release reporting first quarter 2026 earnings prior to the call.
The call will be webcast via the Investor Relations site at ir.f-e-t.com; participants can register to join live and a replay will be available at approximately 5:00 p.m. Central Time after the call. Forum Energy Technologies is headquartered in Houston and serves oil, natural gas, defense, and renewable energy industries.
Forum Energy Technologies (NYSE: FET) will present at the Emerging Growth Conference on Thursday, April 2, 2026 at 1:20 p.m. CT. Neal Lux, CEO, and Lyle Williams, CFO, will deliver the presentation. A live webcast and slides will be available on FET's investor relations page and the conference website.
Forum Energy Technologies (NYSE: FET) will present at the Investor Summit Virtual Conference on Wednesday, March 25, 2026 at 10:00 a.m. Central Time. Neal Lux, President and CEO, and Lyle Williams, EVP and CFO, will deliver the presentation.
The event is open access; a live webcast and presentation slides will be posted on ir.f-e-t.com prior to the event, and registration is available through the Investor Summit Virtual Conference portal.
Forum Energy Technologies (NYSE: FET) announced that CEO Neal Lux and CFO Lyle Williams will present at the Sidoti Virtual Small Cap Conference on Wednesday, March 18, 2026 at 11:15 a.m. Central Time.
The presentation will be available via live webcast; slides and the webcast link will be posted the morning of the presentation on FET's Investor Relations page at ir.f-e-t.com.
Forum Energy Technologies (NYSE: FET) reported Q4 2025 revenue of $202.2M and net income of $2.1M ($0.17 diluted). Adjusted net income was $5.0M and adjusted EBITDA was $23M. Full-year 2025 free cash flow was $80M, orders were $891M (book-to-bill 113%), backlog reached $312M (+46% YoY), and the company repurchased 1.4M shares returning $35M (11% of shares outstanding). 2026 guidance: revenue $800–$880M, adjusted EBITDA $90–$110M, adjusted net income $18–$38M, free cash flow $55–$75M.
Forum Energy Technologies (NYSE: FET) amended its senior secured asset-based lending credit facility to strengthen liquidity and flexibility. The facility includes $250 million of commitments, a maturity extension (subject to exceptions) to February 2031, an increase in letters of credit capacity to $110 million, and modified interest rates to an excess-availability structure with improved pricing. Joint lead arrangers and book runners were Wells Fargo, JPMorgan Chase, and Bank of America; Wells Fargo remains administrative agent. The amended facility text will be filed on Form 8-K with the SEC.
Forum Energy Technologies (NYSE: FET) will host its fourth quarter and full year 2025 earnings conference call at 10:00 a.m. Central Time on Friday, February 20, 2026. A press release reporting results will be issued prior to the call.
The call will be webcast via the Investor Relations link at ir.f-e-t.com; participants can register to join, and a replay will be available on the Investor Relations website at approximately 5:00 p.m. Central Time after the call.
FET supplies equipment and services to oil, natural gas, defense, and renewable energy sectors and is headquartered in Houston, Texas.
Forum Energy Technologies (NYSE: FET) announced the appointment of The Honorable Leslie A. Beyer to its Board of Directors effective January 12, 2026. Ms. Beyer will join the Compensation & Human Capital Committee and the Nominating, Governance & Sustainability Committee. She is former Assistant Secretary of the Interior for Land and Minerals Management and ex‑CEO of the Energy Workforce and Technology Council, with extensive federal policy and industry experience. Management said her regulatory and industry insights will support FET 2030 strategic objectives.
Nauticus Robotics (NASDAQ: KITT) and Forum Energy Technologies (NYSE: FET) signed a Manufacturing and Sales Agreement on Dec 11, 2025 to commercialize Nauticus' Olympic Arm electric manipulator system.
Under the deal, FET will lead commercialization, manufacturing and distribution while Nauticus continues development of autonomy and intelligent control via its ToolKITT platform. Nauticus completed a commercial ToolKITT project on a Forum ROV in mid‑October 2025 and teams will refine Olympic Arm design before full commercial production to meet field reliability standards.