Company Forum Energy Technologies, Inc.

Equities

FET

US34984V2097

Oil Related Services and Equipment

Market Closed - Nyse 04:00:02 2024-04-23 pm EDT 5-day change 1st Jan Change
19.5 USD +0.26% Intraday chart for Forum Energy Technologies, Inc. +0.31% -12.04%

Business Summary

Forum Energy Technologies, Inc. is a global company serving the oil, natural gas, industrial, and renewable energy industries. The Company’s segments include Drilling & Downhole, Completions and Production. Its Drilling & Downhole segment designs, manufactures and supplies products and provides related services to the drilling, well construction, artificial lift, and subsea energy construction markets, including applications in oil and natural gas, renewable energy, defense, and communications. Its Completions segment designs, manufactures and supplies products and provides related services to the coiled tubing, well stimulation and intervention markets. Its Production segment designs, manufactures, and supplies products and provides related equipment and services for the production and infrastructure markets. It provides a range of industrial valves. The Company also manufactures customized downhole technology solutions in sand and flow control for heavy oil applications.

Number of employees: 1,600

Sales per Business

USD in Million2022Weight2023Weight Delta
Drilling & Downhole
44.6 %
305 43.5 % 330 44.6 % +8.21%
Completions
36.0 %
265 37.9 % 266 36.0 % +0.26%
Production
19.7 %
132 18.8 % 146 19.7 % +10.91%
Eliminations
-0.3 %
-1 -0.2 % -2 -0.3 % +96.43%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
61.7 %
471 67.3 % 456 61.7 % -3.16%
Middle East
12.1 %
52 7.4 % 89 12.1 % +72.18%
Europe & Africa
8.7 %
58 8.2 % 64 8.7 % +11.67%
Canada
7.2 %
48 6.9 % 53 7.2 % +9.43%
Asia-Pacific
5.2 %
37 5.3 % 39 5.2 % +4.87%
Latin America
5.1 %
35 4.9 % 38 5.1 % +9.63%

Managers

Managers TitleAgeSince
Chief Executive Officer 48 16-12-31
Director of Finance/CFO 54 06-12-31
Chairman 67 06-11-30
Compliance Officer 46 11-05-31
Comptroller/Controller/Auditor 40 11-12-31
Treasurer 51 07-01-31
Human Resources Officer 61 07-10-31

Members of the board

Members of the board TitleAgeSince
Chairman 67 06-11-30
Director/Board Member 69 21-10-31
Director/Board Member 69 10-08-31
Director/Board Member 72 11-06-30
Director/Board Member 71 11-12-31
Director/Board Member 56 11-01-31
Director/Board Member 48 Dec. 03
Chief Executive Officer 48 16-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 12,992,570 11,072,895 ( 85.22 %) 708,900 ( 5.456 %) 85.22 %

Shareholders

NameEquities%Valuation
SCF Partners, Inc.
8.420 %
1,034,343 8.420 % 21 M $
MacKay Shields LLC
7.985 %
980,838 7.985 % 20 M $
Keyframe Capital Partners LP
6.073 %
746,047 6.073 % 15 M $
BlackRock Advisors LLC
5.251 %
645,072 5.251 % 13 M $
Vanguard Fiduciary Trust Co.
4.352 %
534,632 4.352 % 11 M $
Advent International LP
4.302 %
528,423 4.302 % 11 M $
Employees Retirement System of Texas
3.597 %
441,787 3.597 % 9 M $
Dimensional Fund Advisors LP
3.162 %
388,460 3.162 % 8 M $
Hotchkis & Wiley Capital Management LLC
2.969 %
364,729 2.969 % 7 M $
309,761 2.522 % 6 M $

Holdings

NameEquities%Valuation
375,606,061 8.55% 1,543,741 $
75,000,000 18.71% 49,500 $

Company contact information

Forum Energy Technologies, Inc.

10344 Sam Houston Park Drive Suite 300

77064, Houston

+713 351 7900

http://www.f-e-t.com
address Forum Energy Technologies, Inc.(FET)

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