Forum Energy TechnologiesFET
FET
About: Forum Energy Technologies Inc is a products company, serving the oil, natural gas, industrial and renewable energy industries. The company designs, manufactures, and distributes products and engages in aftermarket parts supply and services that complement its product offering. Its products include engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. It operates in two reporting segments, namely Drilling and Completions and Artificial Lift and Downhole. Revenue largely comes from Artificial Lift and Downhole segment.
Employees: 1,800
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
141% more call options, than puts
Call options by funds: $207K | Put options by funds: $86K
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
32% more capital invested
Capital invested by funds: $120M [Q4 2024] → $158M (+$38.7M) [Q1 2025]
3% more funds holding
Funds holding: 87 [Q4 2024] → 90 (+3) [Q1 2025]
0.48% more ownership
Funds ownership: 62.15% [Q4 2024] → 62.64% (+0.48%) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]
3% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 29
Research analyst outlook
We haven’t received any recent analyst ratings for FET.
Financial journalist opinion
Based on 5 articles about FET published over the past 30 days
Neutral
Accesswire
2 days ago
Interactive Strength Inc. (Nasdaq:TRNR) Updates FAQ's About $500M AI-focused $FET Treasury Strategy
AUSTIN, TX / ACCESS Newswire / June 13, 2025 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands and pending acquirer of Sportstech and Wattbike, today announced that it has updated its investor FAQ's on its investor website in response to shareholder questions on the recent announcement about its AI-focused $FET Treasury strategy. For more commentary, information and details on the rationale for and structure of the expected acquisition, please see TRNR's investor presentation on the Company's investor website as well as its required filings with the US Securities & Exchange Commission (SEC).
Neutral
Business Wire
2 days ago
Forum Energy Technologies to Supply State of the Art Submarine Rescue System for Indonesian Navy
HOUSTON, Texas--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it executed a contract to supply a state-of-the-art submarine rescue vehicle system (“SRV”) for use by the Indonesian Navy. The contract comprises an SRV, a launch and recovery system, and a decompression system. Neal Lux, President and Chief Executive Officer, remarked, “With 50 years of experience, FET has pioneered the development of manned and unmanned submersibles, and has supplied defense equ.
Neutral
Accesswire
4 days ago
Interactive Strength Inc. (Nasdaq:TRNR) Enters into $500 Million Facility to Acquire AI-focused $FET Tokens and Launch Crypto Treasury Asset Strategy
ATW Partners and DWF Labs invested $55 million in initial closing TRNR is expected to have the largest US publicly listed crypto treasury focused on an AI-token TRNR enters into technology collaboration with Fetch.ai to power its fitness training with AI technology AUSTIN, TX / ACCESS Newswire / June 11, 2025 / Interactive Strength Inc. (Nasdaq:TRNR), maker of innovative specialty fitness equipment under the CLMBR and FORME brands and pending acquirer of Sportstech and Wattbike, today announced that it has entered into a Securities Purchase Agreement to raise up to $500 million, the net proceeds of which are expected to be used exclusively to acquire $FET tokens, a leading AI digital asset developed by Fetch.ai. This transaction is expected to result in TRNR having the largest publicly-listed crypto treasury focused on an AI-token.
Neutral
Business Wire
4 days ago
Forum Energy Technologies to Present at the Sidoti Virtual Small Cap Conference
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, President and Chief Executive Officer, is scheduled to present at the Sidoti Virtual Small Cap Conference on Wednesday, June 11, 2025 at 10:00 a.m. Eastern Time. The presentation can be accessed live at the following link: https://sidoti.zoom.us/webinar/register/WN_jEOADeu3TFixeVnzaVzbng A link to the live webcast and the presentation slides will be available on the morning of the presentation o.
Neutral
Business Wire
3 weeks ago
Forum Energy Technologies to Participate in Water Tower Research Fireside Chat
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.
Neutral
Business Wire
1 month ago
Michael McShane Appointed Chairman of FET Board of Directors
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.
Neutral
Newsfile Corp
1 month ago
Stonegate Capital Partners Updates Coverage on Forum Energy Technologies, Inc. (FET) Q1 25
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.
Neutral
Seeking Alpha
1 month ago
Forum Energy Technologies, Inc. (FET) Q1 2025 Earnings Call Transcript
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.
Neutral
Business Wire
1 month ago
Forum Energy Technologies Announces First Quarter 2025 Results; Maintains Full Year 2025 Cash Flow Guidance
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.
Neutral
Zacks Investment Research
1 month ago
Forum Energy Gears Up to Report Q1 Earnings: What's in Store?
Rising expenses, inflationary pressures and commodity price volatility are likely to weigh on FET's Q1 results.
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