Forum Energy Technologies (FET) Stock News

Forum Energy Technologies (NYSE: FET) said Neal Lux, President and Chief Executive Officer, will present at the 17th Annual Southwest IDEAS Investor Conference on Wednesday, November 19, 2025 at 10:35 a.m. Central Time.

The event is open access; interested parties can register via the conference registration link and a live webcast plus presentation slides will be available on FET’s investor website at ir.f-e-t.com prior to the presentation.

IDEAS Conferences provide regional venues for companies to present investment merits to institutional investors; additional event details are available at IDEASconferences.com.

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Forum Energy Technologies (NYSE: FET) will hold its Q3 2025 earnings conference call at 10:00 a.m. Central Time on Friday, October 31, 2025. A press release with third quarter 2025 earnings will be issued prior to the call.

The call will be webcast via the Investor Relations site at ir.f-e-t.com; participants may join by registering through the provided link. A replay will be posted on the Investor Relations website at approximately 5:00 p.m. Central Time after the call.

FET serves the oil, natural gas, industrial and renewable energy industries and operates global manufacturing, distribution and service facilities. For more information, visit www.f-e-t.com.

Forum Energy Technologies (NYSE: FET) announced its upcoming participation in a Water Tower Research fireside chat. The company's senior leadership, including President and CEO Neal Lux and Executive VP and CFO Lyle Williams, will participate in the discussion on September 18, 2025, at 10:00 a.m. Central Time.

The event will be publicly accessible through online registration, and a webcast link will be available on FET's Investor Relations website. FET is a global manufacturing company that provides solutions for oil, natural gas, industrial, and renewable energy industries, focusing on improving safety, efficiency, and environmental impact.

Forum Energy Technologies (NYSE: FET) has announced a secondary listing of its common stock on NYSE Texas, while maintaining its primary listing on the New York Stock Exchange. As a Founding Member of NYSE Texas, FET emphasizes its strong Texas presence, with its headquarters and nearly half of its workforce based in the state.

The company serves the oil, natural gas, industrial, and renewable energy industries globally, providing solutions to enhance energy exploration and production safety and efficiency. FET maintains manufacturing, distribution, and service facilities worldwide while focusing on environmental and social responsibility from its Houston headquarters.

Forum Energy Technologies (NYSE:FET) reported strong Q2 2025 results with revenue of $200 million, up 3% sequentially, and net income of $8 million ($0.61 per diluted share). The company achieved record-high bookings with a 132% book-to-bill ratio and the highest backlog in over a decade.

Key financial metrics include $21 million in adjusted EBITDA (up 2% sequentially) and strong free cash flow of $23 million. FET raised its 2025 full-year free cash flow guidance to $60-$80 million. The company continues its share repurchase program, having bought back 579,000 shares for $11 million through July 2025.

Management expects Q3 2025 adjusted EBITDA between $19-$23 million and projects full-year adjusted EBITDA of approximately $85 million, supported by strong backlog and cost-saving initiatives despite expected industry activity decline.

Forum Energy Technologies (NYSE:FET) has scheduled its second quarter 2025 earnings conference call for August 8, 2025, at 10:00 a.m. Central Time. The company will release its Q2 2025 earnings report before the call.

The earnings call will be accessible through FET's Investor Relations website, with a webcast available at ir.f-e-t.com. Interested participants must pre-register to receive dial-in information and a unique PIN. A replay of the call will be available on the same day at approximately 5:00 p.m. Central Time.

FET operates globally in the oil, natural gas, industrial, and renewable energy sectors, providing solutions to enhance energy exploration and production safety and efficiency.

Forum Energy Technologies (NYSE: FET) has appointed two new members to its board of directors. Aron H. Marquez, Executive Chairman of Wildcat Oil Tools, joins as a Class III director and will serve on the Nominating, Governance and Sustainability Committee and the Compensation and Human Capital Committee. Mark W. Smith, former CFO of Helmerich & Payne, joins as a Class I director and will serve on the Compensation and Human Capital Committee and Audit Committee. Smith brings extensive financial expertise as a CPA with previous CFO experience at Atwood Oceanics and consulting roles at major firms. Marquez, who founded Wildcat Oil Tools in 2012, also serves on the board of Permian Resources and brings significant industry experience. Both appointments are expected to strengthen FET's leadership as it navigates current market conditions.

Forum Energy Technologies (NYSE: FET) has secured a contract to provide a submarine rescue vehicle system for the Indonesian Navy. The system includes a state-of-the-art LR600 model SRV, launch and recovery system, and decompression capabilities. The piloted rescue submersible can operate at depths up to 605 meters, transport 20 people, and features advanced technologies including automatic depth control, heading systems, and integrated sonar. The project leverages FET's 50-year experience in submersible technology, with manufacturing split between facilities in Yorkshire, England and Bryan, Texas. Sea trials for the system are scheduled for 2028.