Company Forum Energy Technologies, Inc.

Equities

FET

US34984V2097

Oil Related Services and Equipment

Market Closed - Nyse 04:00:02 2024-06-10 pm EDT 5-day change 1st Jan Change
17.63 USD +2.26% Intraday chart for Forum Energy Technologies, Inc. +1.21% -20.48%

Business Summary

Forum Energy Technologies, Inc. is a global manufacturing company serving the oil, natural gas, industrial and renewable energy industries. The Company’s segments include Drilling and Completions and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation and intervention markets, including applications in the oil and natural gas, renewable energy, defense and communications industries. The Artificial Lift and Downhole segment designs, manufactures and supplies products and solutions for the artificial lift, well construction, production and infrastructure markets. The products and solutions consist of products designed to safeguard artificial lift equipment and downhole cables, well construction casing and cementing equipment and others. It also manufactures downhole technology solutions, providing sand and flow control products 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 10,242,163 ( 78.83 %) 708,900 ( 5.456 %) 78.83 %

Shareholders

NameEquities%Valuation
MacKay Shields LLC
7.923 %
973,239 7.923 % 19 M $
SCF Partners, Inc.
6.763 %
830,732 6.763 % 16 M $
Keyframe Capital Partners LP
6.073 %
746,047 6.073 % 14 M $
BlackRock Advisors LLC
5.228 %
642,208 5.228 % 12 M $
Vanguard Fiduciary Trust Co.
4.381 %
538,148 4.381 % 10 M $
Charlesbank Capital Partners LLC
4.302 %
528,423 4.302 % 10 M $
Employees Retirement System of Texas
3.597 %
441,787 3.597 % 9 M $
Dimensional Fund Advisors LP
3.362 %
412,917 3.362 % 8 M $
309,761 2.522 % 6 M $
Allspring Global Investments LLC
2.067 %
253,898 2.067 % 5 M $

Holdings

NameEquities%Valuation
375,606,061 8.49% 1,791,641 $
75,000,000 11.48% 57,000 $

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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