FET Stock Recent News

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, President and Chief Executive Officer, and Lyle Williams, Executive Vice President and Chief Financial Officer, will participate in a fireside chat with Water Tower Research on Wednesday, May 21, 2025 at 10:00 a.m. Central Time. The event is open access and interested parties can register through the following link: https://us06web.zoom.us/webinar/register/8017473999850/WN_Cl0amNonSxqEckgJj50SrQ.

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced the appointment of Mr. Michael McShane to serve as non-executive Chairman of the Board of Directors. Mr. McShane has served as Lead Independent Director of the Board since 2018 and a director since 2010. He succeeds Mr. C. Christopher Gaut, who announced his retirement after over 20 years of service on FET's Board. Mr. McShane commented, “I am honored to be appointed as Chairman of FET's Board. I look forward.

Dallas, Texas--(Newsfile Corp. - May 5, 2025) - Forum Energy Technologies, Inc. (NYSE: FET) Stonegate Capital Partners updates their coverage on Forum Energy Technologies, Inc. (NYSE: FET). FET reported revenue, adj EBITDA, and adj net income of $193.3M, $20.1M, and $0.5M, respectively.

Forum Energy Technologies, Inc. (NYSE:FET ) Q1 2025 Earnings Conference Call May 2, 2025 11:00 AM ET Company Participants Rob Kukla - Director of IR Neal Lux - President and CEO Lyle Williams - CFO Conference Call Participants Joshua Jayne - Daniel Energy Partners Dan Pickering - Pickering Energy Partners Jeff Robertson - Water Tower Research Steve Ferazani - Sidoti Dave Storms - Stonegate Operator Good morning, ladies and gentlemen, and welcome to the First Quarter 2025 Forum Energy Technologies Inc. Earnings Conference Call. My name is Gigi, and I'll be your coordinator for today's call.

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced first quarter 2025 revenue of $193 million and net income of $1 million or $0.09 per diluted share. Adjusted net income was $500 thousand, or approximately $0.04 per diluted share.1 Neal Lux, President and Chief Executive Officer, remarked, “Since February, U.S. tariff and trade policy changes have generated significant economic uncertainty and dampened the outlook for commodity demand. In addition, OPEC+ anno.

Rising expenses, inflationary pressures and commodity price volatility are likely to weigh on FET's Q1 results.

Forum Energy Technologies is a global manufacturer of a variety of products used in the oil, gas, industrial, and renewable energy sectors. Strong year-over-year performance can be mainly attributed to the Variperm acquisition that took place in January 2024. 2025 guidance indicates a mediocre year with declining EBITDA and FCF, but debt repayment could improve future EPS.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its first quarter 2025 earnings conference call at 10:00 a.m. Central Time on Friday, May 2, 2025. FET will issue a press release reporting its first quarter 2025 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants who want to ask a question during the call should register on FET's Investor Relation.

TAP, TEF and FET made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 10, 2025.