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) 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) announced that its President and CEO Neal Lux, along with Executive VP and CFO Lyle Williams, will participate in a Water Tower Research fireside chat on Wednesday, May 21, 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 headquartered in Houston, Texas, providing solutions for the oil, natural gas, industrial, and renewable energy sectors, focusing on improving safety, efficiency, and environmental impact of customer operations.
Forum Energy Technologies (NYSE: FET) has announced the appointment of Michael McShane as non-executive Chairman of the Board of Directors. McShane, who has served as Lead Independent Director since 2018 and as a director since 2010, succeeds C. Christopher Gaut, who is retiring after more than 20 years of service on FET's Board.
FET is a global manufacturing company headquartered in Houston, Texas, providing solutions for the oil, natural gas, industrial, and renewable energy industries, focusing on improving safety, efficiency, and environmental impact of customer operations.