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Forum Energy Technologies to Present at the J.P. Morgan 2024 Energy, Power and Renewables 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 J.P. Morgan 2024 Energy, Power and Renewables Conference on Tuesday, June 18, 2024, at 10:20 a.m. Eastern Time. The webcast can be accessed live at the following link: https://jpmorgan.metameetings.net/events/epr24/sessions/52792-forum-energy-technologies/webcast?gpu_only=true&kiosk=true A link to the live webcast and the p.
    06/13/2024

2 Cryptocurrencies to Buy in May 2024

  • Bitcoin is already up nearly 60% for the year and continues to see strong investor inflows into the new spot Bitcoin ETFs. Fetch.ai is a leading AI crypto token buoyed by new investor enthusiasm for all things AI-related.
    05/22/2024
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The price of Forum Energy Technologies, Inc. (FET) is 17.57 and it was updated on 2024-07-17 01:03:45.

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Forum Energy Technologies to Participate in Water Tower 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 Tuesday, May 21, 2024 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/WN_dT5EREWITOay9Haf78xqTg A link to the l.
    Mon, May. 20, 2024

トランスフォーム、PCIM 2024にて「SuperGaN」を披露: 高出力システムにおいて、SiCとeモードGaNの機能を凌駕

  • カリフォルニア州ゴリータ--(BUSINESS WIRE)--(ビジネスワイヤ) -- 堅牢な窒化ガリウム(GaN)パワー半導体の世界的リーダーであるトランスフォーム(Nasdaq:TGAN)は、PCIM 2024において、より大きな電力システムにおける競合のワイド・バンドギャップ技術を凌駕する同社製品の性能について披露する予定であることを発表しました。例として、同社のノーマリー・オフdモードの「SuperGaN®」プラットフォームでは、より高い電子移動度を実現することで、炭化ケイ素と比較した場合のクロスオーバー損失を低減でき、これによりさまざまな電気自動車、データセンター/AI、インフラ、再生可能エネルギー、およびその他の幅広い産業用途における、費用対効果が高く、より高性能なソリューションを実現します。詳細については、2024年6月11日から13日まで開催されるPCIMの7番ホール、108番の同社ブースまでお越しください。 トランスフォームのSuperGaN電界効果トランジスターは、パワー・スペクトルが45Wの低出力アダプターから7.5kWの高出力PSUまで、幅広い顧客製品の中で製造されています。こうした顧客製品の多くは、GaNベースのシステムとして初めて公的に認められたものであり、SuperGaNプラットフォームによってのみ可能になるメリットを独自に証明しています。例として、ミッション・クリティカルなデータセンター/ブロックチェーン用途向けの前述の液冷式7.5kW PSU、82W/in3以上の出力密度を誇る2.7kWサーバー用CRPS(現時点で利用可能なGaN電源システムとしては最大)、2.2kWおよび3kWのラック・マウント型1U無停電電源装置(UPS)が挙げられます。こうしたデザイン・ウィンは、2028年までに80億ドルと推定されるGaNのTAMを構成する、さまざまな用途の市場にGaNを推進する同社の力量を示すものです。 トランスフォームは実際の顧客製品に加え、最近披露した5マイクロ秒の短絡耐量、双方向4象限スイッチ、および1200Vのサファイア基板上GaNデバイスなど、技術的成果でも引き続き先頭を走っています。 当日会場では、同社の2輪および3輪電気自動車充電器のソリューションや、再生可能エネルギー・システム、データ・センターなどの顧客向けPSUの展示が行われる予定です。 講演予定 ボードーズ・パワー・システムズのセッションにおいて、競争技術を凌駕し、クロス・インダストリー・イノベーションを可能にするトランスフォームのGaNソリューションについて詳細をご確認ください。 演題:GaN Wide Bandgap Design, the Future of Power(GaNワイド・バンドギャップ設計、電力の未来) 講演者:フィリップ・ズック(事業開発・マーケティング担当シニア・バイス・プレジデント) 日付:6月12日 時間:午後2時20分~3時20分(CEST) 場所:7番ホール、743番ブース パワー・スペクトルに幅広く対応する単一の中核プラットフォーム トランスフォームはGaNパワー半導体の大手企業であり、以下の技術の点により他社との差別化を図っています。 製造性:EPI設計、ウエハ・プロセス、FETダイ設計を社内で行う垂直的統合体制。 設計性: 世界規模で顧客と提携し、より簡単で迅速なシステム開発を実現するとともに、周知の業界標準パッケージとパフォーマンス・パッケージを提供。 駆動性:最小限の外部回路で、シリコンのように動作する、既存のコントローラーやドライバーと組み合わせ可能なデバイスの提供。 信頼性:低電力から高電力までの用途において実稼働3,000億時間以上にわたるFIT率が0.05未満であり、依然として業界をリード。 面談をご希望の方へ 展示会開催中に同社との面談をご希望の方は、vipin.bothra@transphormusa.comまでご連絡ください。 トランスフォームについて GaN革命の世界的リーダーであるトランスフォーム社は、高性能かつ信頼性の高い、高圧電力変換アプリケーション用のGaN系半導体を設計・製造しています。1000を超える所有特許またはライセンス特許を含む最大規模のパワーGaNのIPポートフォリオの1つを有する同社は、業界初の JEDECおよびAEC-Q101認定の高電圧GaN系半導体デバイスを製造しています。また、垂直統合型デバイスビジネスモデルにより、設計、製造、デバイス、アプリケーション サポートなど、あらゆる開発段階でのイノベーションを可能にしています。同社の革新により、パワーエレクトロニクスがシリコンの限界を超え、99%以上の効率、50%高い出力密度、20%のシステムコスト削減を実現します。トランスフォームはカリフォルニア州ゴリータに本社を構え、ゴリータと日本の会津に製造拠点を置いています。詳細は、www.transphormusa.comでご覧いただくか、X(@transphormusa)およびWeChat(Transphorm_GaN)でフォローしてください。 SuperGaNのマークは、トランスフォームの登録商標です。その他の商標はすべて、それぞれの所有者に帰属します。 本記者発表文の公式バージョンはオリジナル言語版です。翻訳言語版は、読者の便宜を図る目的で提供されたものであり、法的効力を持ちません。翻訳言語版を資料としてご利用になる際には、法的効力を有する唯一のバージョンであるオリジナル言語版と照らし合わせて頂くようお願い致します。
    Mon, May. 20, 2024

Ethena Plunges as Fetch.ai Pumps: Investors Move To Rebel Satoshi ($RECQ) Presale For Massive Gains

  • As bulls and bears fight for dominance over the crypto market, top altcoins have performed differently. While Ethena (ENA) has remained in the red, Fetch.ai (FET) has turned green. On the other hand, Rebel Satoshi’s $RECQ token has shocked investors and experts after surging 120% and promising more gains. Why are Ethena and Fetch.ai investors gravitating toward $RECQ? Let’s find out! Ethena has performed deplorably over the past seven days. On May 9, ENA was changing hands at around $0.87. ENA gained traction the same day due to the news of Bybit integrating Ethena Labs’ synthetic dollar, USDe, as a collateral asset. This news saw ENA climb as high as $0.93 on May 10. However, the excitement about this news faded, and ENA began retracing its growth. By May 16, ENA had stabilized at around $0.73. This price means ENA has shed 16.09% in a week. So, will Ethena continue plunging, or is it a good crypto to buy now? According to experts, ENA will reverse course and surge to $1.07 by the end of May. Experts base this prediction on ENA attracting more investors as Bybit users continue embracing Ethena Labs’ synthetic dollar. Fetch.ai has performed modestly over the past seven days. On May 9, FET was hovering around $2.15. FET gained traction the same day due to the news of BlockAgent, which leverages Fetch.ai’s AI Agent technology for real-time monitoring, integrated with Chainlink for seamless real-time monitoring and data retrieval across multiple chains. This news spurred a rally that saw FET peak at $2.35 on May 10. However, the buzz about this news faded, and FET began correcting downward. By May 16, FET had stabilized at around $2.26. This price means FET has gained 5.12% in a week. So, is Fetch.ai a top crypto to buy now? According to experts, FET will continue pumping to close the month at $2.53. Experts peg this prediction on Fetch.ai, attracting more investors after kickstarting the IIT Madras Innovation Challenge on May 16. Rebel Satoshi, an emerging meme coin that aims to start an uprising that fights for more decentralization in the crypto industry, has won over investors due to its audacious mission. Investors are also warming up to Rebel Satoshi because of its dual-token ecosystem, which features an NFT marketplace, a staking program, and an arcade with multiple games. To access these features, crypto enthusiasts will need to purchase Rebel Satoshi’s $RBLZ and $RECQ tokens. $RBLZ is Rebel Satoshi’s governance and membership token, while $RECQ is the base currency. To ensure all transactions run smoothly, Rebel Satoshi has set $RECQ’s maximum supply at 3 billion tokens. By May, $RBLZ had launched on four exchanges after generating a 150% ROI during its public presale. Meanwhile, $RECQ was proceeding with Stage 2 of its ongoing public presale as of May. $RECQ’s price during this round was $0.0044. This price means $RECQ has jumped 120% from the Early Bird Round price of $0.0020. Investors that joined the recently sold-out Stage 1 of $RECQ’s presale have realized an 18.92% ROI thus far. Interestingly Stage 2 investors will see the value of their $RECQ tokens surge 184.09% when $RECQ attains its launch price of $0.0125. This potential growth makes $RECQ the best crypto to buy now!For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram
    Mon, May. 20, 2024

The Bitcoin Halving Is Done: 3 Cryptocurrencies to Buy Now

  • As a Layer-2 blockchain for Bitcoin, Stacks is well positioned to participate in any future Bitcoin upside. Fetch.ai, a token for buying and selling products and services related to artificial intelligence, could skyrocket in value as the AI economy grows.
    Wed, May. 08, 2024

Forum Energy Technologies to Present at the Sidoti Virtual Investor Conference

  • 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, are scheduled to present at the Sidoti Virtual Investor Conference on Wednesday, May 8, 2024 at 12:15 p.m. Eastern Time. The presentation can be accessed live at the following link: https://sidoti.zoom.us/webinar/register/WN_NDUsKoIBRg2QPKXFQ8-OLg A link to the live webcast and the pre.
    Mon, May. 06, 2024
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Stonegate Capital Partners Updates Coverage on Forum Energy Technologies, Inc. (FET) Q1 24

  • Dallas, Texas--(Newsfile Corp. - May 6, 2024) - Forum Energy Technologies, Inc. (NYSE: FET) Stonegate Capital Partners updates their coverage on Forum Energy Technologies, Inc. (NYSE: FET). To view the full announcement, including downloadable images, bios, and more, click here.
  • 05/06/2024

Forum Energy Technologies, Inc. (FET) Q1 2024 Earnings Call Transcript

  • Forum Energy Technologies, Inc. (NYSE:FET ) Q1 2024 Earnings Conference Call May 3, 2024 11:00 AM ET Company Participants Rob Kukla - Director of IR Neal Lux - President, CEO & Director Lyle Williams - EVP & CFO Conference Call Participants Josh Jayne - Daniel Energy Partners Dave Storms - Stonegate Dan Pickering - Pickering Energy Partners Jeffrey Robertson - Water Tower Research Operator Good morning, ladies and gentlemen, and welcome to the Forum Energy Technologies First Quarter 2024 Earnings Conference Call. My name is Gigi, and I'll be your coordinator for today's call.
  • 05/03/2024

Forum Energy Technologies Announces First Quarter 2024 Results, Benefits from Variperm Acquisition

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced first quarter 2024 revenue of $202 million, a 9% sequential increase. Orders grew 28% sequentially to $204 million, with a book-to-bill ratio of 101%. The first quarter 2024 net loss was $10 million, or $0.85 per diluted share, compared to a net loss of $17 million, or $1.64 per diluted share, for the fourth quarter 2023. First quarter 2024 special items, on a pre-tax basis, included $6 million of transaction.
  • 05/02/2024

Forum Energy Technologies Announces Timing of First Quarter 2024 Earnings Conference Call

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its first quarter 2024 earnings conference call at 10:00 a.m. Central Time on Friday, May 3, 2024. FET will issue a press release reporting its first quarter 2024 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.
  • 04/16/2024

Stonegate Capital Partners Initiates Coverage on Forum Energy Technologies, Inc. (FET)

  • Dallas, Texas--(Newsfile Corp. - March 5, 2024) - Forum Energy Technologies, Inc. (NYSE: FET): Stonegate Capital Partners initiates their coverage on Forum Energy Technologies, Inc. (NYSE: FET). To view the full announcement, including downloadable images, bios, and more, click here.
  • 03/05/2024

Forum Energy Technologies, Inc. (FET) Q4 2023 Earnings Call Transcript

  • Forum Energy Technologies, Inc. (FET) Q4 2023 Earnings Call Transcript
  • 03/01/2024

Forum Energy Technologies Announces Fourth Quarter and Full Year 2023 Results and Outlook

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced fourth quarter 2023 revenue of $185 million, a $6 million increase from the third quarter. The fourth quarter net loss was $17 million, or $1.64 per diluted share, compared to third quarter net income of $8 million, or $0.77 per diluted share. Excluding $9 million of foreign exchange losses and $4 million of transaction and other nonrecurring items, cumulatively $1.25 per share, adjusted net loss was $0.39 per.
  • 02/29/2024

Forum Energy Technologies Reschedules Fourth Quarter and Full Year 2023 Earnings Conference Call

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter and full year 2023 earnings conference call at 10:00 a.m. Central Time on Friday, March 1, 2024. FET delayed its fourth quarter and full year 2023 earnings release and investor conference call to allow time to assess valuation allowance reserves in an international jurisdiction and quantify the potential impact to income tax and net income. After careful review and analysis.
  • 02/28/2024

Forum Energy Technologies to Delay Issuance of Fourth Quarter and Full Year 2023 Earnings Release and Investor Conference Call; Provides Preliminary Results and 2024 Guidance

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced that it will delay the issuance of its fourth quarter and full year 2023 earnings release and investor conference call. Additional time is required to quantify, if any, the impact to income tax and net income from adjusting valuation allowance reserves in an international jurisdiction. No meaningful impact to revenue, adjusted EBITDA, or free cash flow is expected. FET expects to issue its fourth quarter and f.
  • 02/19/2024

Forum Energy Technologies Announces Timing of Fourth Quarter and Full Year 2023 Earnings Conference Call

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter and full year 2023 earnings conference call at 10:00 a.m. Central Time on Tuesday, February 20, 2024. FET will issue a press release reporting its fourth quarter and full year 2023 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 shoul.
  • 01/23/2024

Forum Energy Technologies to Present at the Sidoti Virtual Investor Conference

  • 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, are scheduled to present at the Sidoti Virtual Investor Conference on Wednesday, January 17, 2024 at 3:15 p.m. Eastern Time. The presentation can be accessed live at the following link: https://sidoti.zoom.us/webinar/register/WN_CxuxWZc0RXqwAY1vYIT_3g A link to the live webcast and the.
  • 01/16/2024

Forum Energy Technologies Completes Acquisition of Variperm Energy Services

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced it has completed the acquisition of Variperm Energy Services (“Variperm”), a leading manufacturer of customized downhole technology solutions, providing sand and flow control products for heavy oil applications. Total consideration for the acquisition consisted of $150 million of cash and 2 million shares of FET's common stock, subject to customary purchase price adjustments. “This accretive acquisition enhanc.
  • 01/05/2024

Forum Energy Technologies Receives Approval to Proceed with Variperm Acquisition from Canadian Competition Bureau

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced that it has received approval from the Canadian Competition Bureau to proceed with its planned acquisition of Variperm Energy Services. FET announced on November 2, 2023, its agreement to acquire Variperm Energy Services for consideration of $150 million of cash (subject to customary purchase price adjustments) and 2 million shares of FET's common stock, reflecting a valuation of approximately 3.7x Variperm's.
  • 12/21/2023

Forum Energy Technologies to Present at the Emerging Growth Conference

  • 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, are scheduled to present at the Emerging Growth Conference on Thursday, December 7, 2023 at 12:35 p.m. Eastern Time. In order to attend the presentation, interested parties should register at the following link: https://goto.webcasts.com/starthere.jsp?ei=1641026&tp_key=4a8f04de2b&a.
  • 12/05/2023

Forum Energy Technologies Announces Appointment of Ms. Leslie Beyer to its Board of Directors

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced the appointment of Ms. Leslie Beyer to its board of directors. Ms. Beyer will also serve as a member of the Nominating, Governance and Sustainability Committee. Ms. Beyer is the former Chief Executive Officer of the Energy Workforce and Technology Council (EWTC), the global energy technology and services association representing over 650,000 employees in the energy workforce. Before joining the EWTC, Ms. Beyer.
  • 12/04/2023

Forum Energy Technologies, Inc. (FET) Q3 2023 Earnings Call Transcript

  • Forum Energy Technologies, Inc. (NYSE:FET ) Q3 2023 Earnings Conference Call November 3, 2023 11:00 AM ET Company Participants Rob Kukla – Director-Investor Relations Neal Lux – President and Chief Executive Officer Lyle Williams – Chief Financial Officer Conference Call Participants John Daniel – Daniel Energy Partners Jeff Robertson – Water Tower Research Daniel Pickering – Pickering Energy Partners Operator Good morning, ladies and gentlemen, and welcome to the Forum Energy Technologies Third Quarter 2023 Earnings Conference Call. My name is Giji, and I will be your coordinator for today's call.
  • 11/03/2023

Forum Energy Technologies Announces Transformative Acquisition of Variperm Energy Services

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) (“FET”) today announced that it has entered into a definitive agreement to acquire Variperm Energy Services (“Variperm”) for consideration of $150 million of cash and 2 million shares of FET's common stock, reflecting a valuation of approximately 3.7x Variperm's trailing twelve months EBITDA as of September 30, 2023. The transaction is expected to close in January 2024 and is subject to customary closing conditions and Canadi.
  • 11/02/2023

Forum Energy Technologies Announces Third Quarter 2023 Results

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced third quarter 2023 revenue of $179 million, a 3% sequential decrease. Orders increased 7% sequentially to $199 million, with a book-to-bill ratio of 111%. The third quarter 2023 net income was $8 million, or $0.77 per diluted share, compared to a net loss of $7 million, or $0.64 per diluted share, for the second quarter 2023. Pre-tax foreign exchange gains of $8 million comprise the majority of special items i.
  • 11/02/2023

Forum Energy Technologies Announces Timing of Third Quarter 2023 Earnings Conference Call

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its third quarter 2023 earnings conference call at 10:00 a.m. Central Time on Friday, November 3, 2023. FET will issue a press release reporting its third quarter 2023 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 Rel.
  • 10/10/2023

Forum Energy Technologies to Present at EnerCom Denver – The Energy Investment Conference

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, Chief Executive Officer and President, will present at the EnerCom Denver – The Energy Investment Conference. Mr. Lux's presentation is scheduled for Tuesday, August 15, 2023 at 3:10 p.m. Mountain Time. A link to the live webcast and the presentation slides will be available on FET's Investor Relations web page at ir.f-e-t.com. A live webcast of the presentation will also be available on the con.
  • 08/14/2023

Forum Energy Technologies, Inc. (FET) Q2 2023 Earnings Call Transcript

  • Forum Energy Technologies, Inc. (NYSE:FET ) Q2 2023 Earnings Conference Call August 4, 2023 11:00 AM ET Company Participants Rob Kukla - Director, Investor Relations Neal Lux - President and Chief Executive Officer Lyle Williams - Chief Financial Officer Conference Call Participants John Daniel - Daniel Energy Partners Daniel Pickering - Pickering Energy Partners Operator Good morning, ladies and gentlemen. Welcome to the Forum Energy Technologies Second Quarter 2023 Earnings Conference Call.
  • 08/04/2023

Forum Energy Technologies Announces Timing of Second Quarter 2023 Earnings Conference Call

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its second quarter 2023 earnings conference call at 10:00 a.m. Central Time on Friday, August 4, 2023. FET will issue a press release reporting its second quarter 2023 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 Rel.
  • 07/10/2023

Forum Energy Technologies, Inc. (FET) Q1 2023 Earnings Call Transcript

  • Forum Energy Technologies, Inc. (NYSE:FET ) Q1 2023 Earnings Conference Call May 5, 2023 11:00 AM ET Company Participants Rob Kukla - Director, IR Neal Lux - President, CEO & Director David Williams - EVP & CFO Conference Call Participants John Daniel - Daniel Energy Partners Daniel Pickering - Pickering Energy Partners Operator Good morning, ladies and gentlemen, and welcome to the Forum Energy Technologies' First Quarter 2023 Earnings Conference Call. My name is Gigi, and I'll be your core leader for today's call.
  • 05/05/2023

Forum Energy Technologies Announces Timing of First Quarter 2023 Earnings Conference Call

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its first quarter 2023 earnings conference call at 10:00 a.m. Central Time on Friday, May 5, 2023. FET will issue a press release regarding its first quarter 2023 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.
  • 04/10/2023

Forum Energy Technologies, Inc. (FET) Q4 2022 Earnings Call Transcript

  • Forum Energy Technologies, Inc. (NYSE:FET ) Q4 2022 Earnings Conference Call February 21, 2023 11:00 AM ET Company Participants Rob Kukla - Director, IR Neal Lux - President and CEO Lyle Williams - CFO Conference Call Participants John Daniel - Daniel Energy Partners Dan Pickering - Pickering Energy Partners Operator Good morning, ladies and gentlemen, and welcome to the Forum Energy Technologies Fourth Quarter 2022 Earnings Conference Call. My name is Gigi, and I will be your coordinator for today's call.
  • 02/26/2023

Top 5 Energy Stocks Which Could Rescue Your Portfolio This Month - Excelerate Energy (NYSE:EE), Forum Energy Technologies (NYSE:FET)

  • The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
  • 02/23/2023

Forum Energy Technologies, Inc. (FET) Q3 2022 Earnings Call Transcript

  • Forum Energy Technologies, Inc. (NYSE:FET ) Q3 2022 Results Conference Call November 9, 2022 12:00 PM ET Company Participants Rob Kukla - Director, IR Neal Lux - President and CEO Lyle Williams - CFO Conference Call Participants John Daniel - Daniel Energy Partners Dan Pickering - Pickering Energy Partners Operator Good morning, ladies and gentlemen, and welcome to the Forum Energy Technologies Third Quarter 2022 Earnings Conference Call. My name is Towanda, and I will be your coordinator for today's call.
  • 11/09/2022

Forum Energy Technologies Announces Date and Time Change For Third Quarter 2022 Earnings Release and Conference Call

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it has changed the date and time of its previously announced third quarter 2022 earnings conference call to 11:00 a.m.
  • 10/18/2022

Forum Energy Technologies Announces Timing of Third Quarter 2022 Earnings Release and Conference Call

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its third quarter 2022 earnings conference call at 10:00 a.m. Central Standard Time on Friday, November 11, 2022. FET will issue a press release regarding its third quarter 2022 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. Important note regarding the process for dialing in to the conference call: Partici
  • 10/04/2022

Oil Field Services: Value Matrix, Momentum, And Market Cap Analysis

  • Even though energy has been the best performing sector of the year by a large margin, deep values remain in under-covered and small cap oilfield services. Fifty-three oilfield service equities were evaluated using a value matrix including factors for value, growth, profitability, ownership, and debt.
  • 09/19/2022

Forum Energy: Consumables Demand, Booking Growth Can Accelerate Returns

  • The energy industry's choice of consumable items over the capital components should favor Forum Energy in the short term. FET's valve and production equipment bookings grew substantially from Q1 to Q2.
  • 09/14/2022

Forum Energy Technologies, Inc. (FET) CEO Neal Lux on Q2 2022 - Earnings Call Transcript

  • Forum Energy Technologies, Inc. (NYSE:FET ) Q2 Earnings Conference Call August 5, 2022 11:00 AM ET Company Participants Lyle Williams - CFO Neal Lux - President and CEO Conference Call Participants John Daniel - Daniel Energy Partners Daniel Pickering - Pickering Energy Partners Peter Ehret - ERS Operator Good morning, ladies and gentlemen, and welcome to the Forum Energy Technologies Second Quarter 2022 Earnings Conference Call. My name is Lilia, and I will be your coordinator for today's call.
  • 08/05/2022

Forum Energy Technologies Announces Timing of Second Quarter 2022 Earnings Release and Conference Call

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its second quarter 2022 earnings conference call at 10:00 AM CDT on Friday, August 5, 2022. Forum will issue a press release regarding its second quarter 2022 earnings prior to the conference call. The call will be webcast through the Investor Relations link on Forum's website at ir.f-e-t.com. Please note that the process for dialing in for the call has changed. Participants who want to join
  • 07/20/2022

Forum Energy Technologies' (FET) CEO Neal Lux on Q1 2022 Results - Earnings Call Transcript

  • Forum Energy Technologies, Inc. (NYSE:FET ) Q1 2022 Earnings Conference Call May 6, 2022 11:00 AM ET Company Participants Lyle Williams – Chief Financial Officer Neal Lux – President and Chief Executive Officer Conference Call Participants Dan Pickering – Pickering Energy Partners John Daniel – Daniel Energy Operator Good morning, ladies and gentlemen, and welcome to the Forum Energy Technologies First Quarter 2022 Earnings Conference Call. My name is Kirby, and I will be your coordinator for today's call.
  • 05/06/2022

My Top Energy Pick for April 2022

  • If you want to invest in oil, you need to find hidden assets that other energy investors have somehow missed. The post My Top Energy Pick for April 2022 appeared first on InvestorPlace.
  • 04/19/2022

Forum Energy Technologies Announces Timing of First Quarter 2022 Earnings Release and Conference Call

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its first quarter 2022 earnings conference call at 10:00 AM CDT on Friday, May 6, 2022. Forum will issue a press release regarding its first quarter 2022 earnings prior to the conference call. To participate in the earnings conference call, please call 855-757-8876 within North America, or 631-485-4851 outside of North America. The access code is 8657545. The call will also be broadcast throu
  • 04/14/2022

Forum Energy Technologies, Inc. (FET) CEO Neal Lux on Q4 2021 Results - Earnings Call Transcript

  • Forum Energy Technologies, Inc. (FET) CEO Neal Lux on Q4 2021 Results - Earnings Call Transcript
  • 03/01/2022

Forum Energy Technologies Provides Fourth Quarter 2021 Operational Update and Announces Timing of Earnings Conference Call

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced that fourth quarter 2021 operating results are expected to be below previously provided guidance levels. Results in the fourth quarter were negatively affected by further supply chain disruptions, which caused both revenue to be deferred and costs to increase. In addition, the company incurred excess logistics and freight costs in an effort to mitigate these supply chain disruptions. Also, medical benefit cost
  • 02/07/2022

Forum Energy Technologies: Steady Order Book Builds The Pillar

  • In Q3, FET's Drilling & Downhole book-to-bill ratio reached 1.3x, which indicates strong revenue visibility and outlook. In the medium to long term, the company is re-strategizing on the international offshore wind farm installation and deepsea product offerings.
  • 01/18/2022

Forum Energy Technologies, Inc. (FET) CEO Chris Gaut on Q3 2021 Results - Earnings Call Transcript

  • Forum Energy Technologies, Inc. (FET) CEO Chris Gaut on Q3 2021 Results - Earnings Call Transcript
  • 11/05/2021

Will Forum Energy Technologies (FET) Report Negative Earnings Next Week? What You Should Know

  • Forum Energy (FET) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
  • 10/29/2021

Forum Energy Technologies Announces Timing of Third Quarter 2021 Earnings Release and Conference Call

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its third quarter 2021 earnings conference call at 10:00 AM CDT on Friday, November 5, 2021. Forum will issue a press release regarding its third quarter 2021 earnings prior to the conference call. To participate in the earnings conference call, please call 855-757-8876 within North America, or 631-485-4851 outside of North America. The access code is 4292575. The call will also be broadcast
  • 10/21/2021

Forum Energy (FET) Moves 6.4% Higher: Will This Strength Last?

  • Forum Energy (FET) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
  • 09/28/2021

FET Extends $179 Million Bank Credit Facility to September 2026

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced that it has entered into an amendment to its asset-based revolving credit facility (the “Credit Facility”). The key elements of the amendment include: (i) the maturity has been extended, subject to certain exceptions, to September 2026; (ii) the facility size has been reduced from $250 million to $179 million; and (iii) interest rates on borrowings outstanding under the Credit Facility were modified to LIBOR p
  • 09/08/2021

Forum Energy Technologies' (FET) CEO Chris Gaut on Q2 2021 Results - Earnings Call Transcript

  • Forum Energy Technologies' (FET) CEO Chris Gaut on Q2 2021 Results - Earnings Call Transcript
  • 08/06/2021

Forum Energy Technologies (FET) Reports Q2 Loss, Tops Revenue Estimates

  • Forum Energy (FET) delivered earnings and revenue surprises of -52.00% and 5.69%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
  • 08/05/2021

Forum Energy Technologies Announces Second Quarter 2021 Results

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced second quarter 2021 revenue of $137 million, an increase of $23 million from the first quarter 2021. Net loss for the quarter was $22 million, or $3.87 per diluted share, compared to a net loss of $30 million, or $5.28 per diluted share, for the first quarter 2021. Excluding $7 million, or $1.21 per share of special items, adjusted net loss was $2.66 per diluted share in the second quarter 2021, compared to an
  • 08/05/2021

Forum Energy Technologies (FET) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

  • Forum Energy (FET) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
  • 07/30/2021

Forum Energy Technologies Announces Timing of Second Quarter 2021 Earnings Release and Conference Call

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its second quarter 2021 earnings conference call at 10:00 AM CDT on Friday, August 6, 2021. Forum will issue a press release regarding its second quarter 2021 earnings prior to the conference call. To participate in the earnings conference call, please call 855-757-8876 within North America, or 631-485-4851 outside of North America. The access code is 8579755. The call will also be broadcast
  • 07/21/2021

Forum Energy Technologies Is Already On The Move

  • Forum Energy Technologies Is Already On The Move
  • 07/05/2021

Forum Energy Technologies Announces Appointment of Dr. Emily Reichert, Ph.D., CEO of Greentown Labs, to Its Board of Directors

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced the appointment of Dr. Emily Reichert, Ph.D. to its Board of Directors. Dr. Reichert will also serve as a member of the Nominating, Governance and Sustainability Committee. In connection with Dr. Reichert's appointment, the Board increased its size to eight directors. Dr. Reichert currently serves as Chief Executive Officer of Greentown Labs, North America's largest climate tech startup incubator. She has led
  • 07/01/2021

Forum Energy Technologies' (FET) CEO Chris Gaut on Q1 2021 Results - Earnings Call Transcript

  • Forum Energy Technologies' (FET) CEO Chris Gaut on Q1 2021 Results - Earnings Call Transcript
  • 05/07/2021

Forum Energy Technologies Announces First Quarter 2021 Results

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced first quarter 2021 revenue of $115 million, an increase of $2 million from the fourth quarter 2020. Net loss for the quarter was $30 million, or $5.28 per diluted share, compared to a net loss of $33 million, or $5.85 per diluted share, for the fourth quarter 2020. Excluding $8 million, or $1.33 per share of special items, adjusted net loss was $3.95 per diluted share in the first quarter 2021, compared to an
  • 05/06/2021

Forum Energy Technologies Announces Timing of First Quarter 2021 Earnings Release and Conference Call

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its first quarter 2021 earnings conference call at 10:00 AM CDT on Friday, May 7, 2021. Forum will issue a press release regarding its first quarter 2021 earnings prior to the conference call. To participate in the earnings conference call, please call 855-757-8876 within North America, or 631-485-4851 outside of North America. The access code is 1008319. The call will also be broadcast throu
  • 04/15/2021

Forum Energy, Deepsea Technologies Team Up for Tech Support

  • Forum Energy (FET) enters a partnership agreement with Deepsea Technologies to represent its Brazil-based operations, and receive business development and engineering support in the country.
  • 03/18/2021

Forum Energy (FET) Surges 7.4%: Is This an Indication of Further Gains?

  • Forum Energy (FET) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
  • 03/16/2021

Forum Energy Technologies, Inc. (FET) CEO Chris Gaut on Q4 2020 Results - Earnings Call Transcript

  • Forum Energy Technologies, Inc. (FET) CEO Chris Gaut on Q4 2020 Results - Earnings Call Transcript
  • 02/24/2021

Forum Energy Technologies Announces Fourth Quarter 2020 Results

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced fourth quarter 2020 revenue of $113 million, an increase of $9 million from the third quarter 2020. Orders received in the quarter increased by $32 million to $124 million. Net loss for the quarter was $33 million, or $5.85 per diluted share, compared to a net loss of $22 million, or $3.86 per diluted share, for the third quarter 2020. Excluding $6 million, or $1.05 per share of special items, adjusted net los
  • 02/23/2021

Forum Energy Technologies Announces Timing of Fourth Quarter and Full Year 2020 Earnings Release and Conference Call

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter and full year 2020 earnings conference call at 10:00 AM CST on Wednesday, February 24, 2021. Forum will issue a press release regarding its fourth quarter and full year 2020 earnings prior to the conference call. To participate in the earnings conference call, please call 855-757-8876 within North America, or 631-485-4851 outside of North America. The access code is 1286195
  • 02/09/2021

Forum (FET) Completes $105M Asset Sale to Anvil and Smith-Cooper

  • Forum (FET) sells its ABZ and Quadrant-related assets to Anvil and Smith-Cooper to significantly improve its liquidity and financial flexibility.
  • 01/08/2021

Forum Energy Technologies Divests ABZ and Quadrant Valve Brands

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced that on December 31, 2020 it completed the sale of assets associated with its ABZ and Quadrant valve brands to Anvil and Smith-Cooper International. Total consideration for the transaction was $105 million in cash. As part of the transaction, Anvil and Smith-Cooper will employ the ABZ and Quadrant employees primarily located at the operations located in Madison, Kansas and Broussard, Louisiana. Cris Gaut, Foru
  • 01/04/2021

2 Underperforming Holdings to Reduce

  • Unfortunately for the shareholders of Capital Senior Living Corp. (NYSE:CSU) and Forum Energy Technologies Inc. (NYSE:FET), these two stocks have experienced heavy losses over the past couple of years, underperforming the S&P 500 Index by a large margin.
  • 12/18/2020

Forum Energy Technologies, Inc. (FET) CEO Christopher Gaut on Q3 2020 Results - Earnings Call Transcript

  • Forum Energy Technologies, Inc. (FET) CEO Christopher Gaut on Q3 2020 Results - Earnings Call Transcript
  • 11/06/2020

Forum Energy Technologies Announces Third Quarter 2020 Results

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced third quarter 2020 revenue of $104 million, a decrease of $10 million from the second quarter 2020. Orders received in the quarter increased by $7 million to $92 million. Net loss for the quarter was $22 million, or $0.19 per diluted share, compared to a net loss of $5 million, or $0.05 per diluted share, for the second quarter 2020. Excluding $12 million, or $0.11 per share of special items, adjusted net loss
  • 11/05/2020

Forum Energy Technologies, Inc. Announces Reverse Stock Split

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) (“Forum” or the “Company”) announced today that its Board of Directors has approved a 1-for-20 reverse stock split of the Company's issued and outstanding shares of common stock, par value $0.01 per share, accompanied by a corresponding decrease in the Company's authorized shares of common stock (the “Reverse Stock Split”), such that, following the consummation of the Reverse Stock Split, the number of authorized shares of co
  • 10/30/2020

How To Predict Sales Growth

  • I've found seven factors that correlate highly with future sales growth; this article explains each one.
  • 09/08/2020

Forum Energy Technologies (FET) to Release Quarterly Earnings on Friday

  • Forum Energy Technologies (NYSE:FET) is scheduled to announce its earnings results before the market opens on Friday, August 7th. Analysts expect the company to announce earnings of ($0.25) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link. Forum Energy Technologies (NYSE:FET) last released […]
  • 08/09/2020

Forum Energy Technologies : Announces Second Quarter 2020 Results | MarketScreener

  • 08/06/2020

Forum Energy Technologies Announces Second Quarter 2020 Results

  • Forum Energy Technologies, Inc. (NYSE: FET) today announced second quarter 2020 revenue of $113 million, a decrease of $69 million from the first quarter 2020. Net loss for the quarter was $5 million, or $0.05 per diluted share, compared to a net loss of $37 million, or $0.33 per diluted share, for the first quarter 2020. Excluding $27 million, or $0.24 per share of special items, adjusted net loss was $0.29 per diluted share in the second quarter 2020, compared to an adjusted net loss of $0.20 per diluted share in the first quarter 2020. Adjusted EBITDA was $(11.6) million in the second quarter 2020, a decrease of approximately $16.1 million from the first quarter 2020.
  • 08/06/2020

Forum Energy Technologies Announces Second Quarter 2020 Results

  • Forum Energy Technologies, Inc. (NYSE: FET) today announced second quarter 2020 revenue of $113 million, a decrease of $69 million from the first quar
  • 08/06/2020

Forum Energy Technologies, Inc. -- Moody's upgrades Forum Energy's CFR to Caa2; outlook stable

  • Moody's assigned a Caa3 rating to Forum's convertible senior secured notes due 2025. Moody's upgraded the rating on the remainder of the existing senior unsecured notes due 2021 to Ca from C. The outlook was changed to stable from negative.
  • 08/05/2020

Forum Energy Technologies Announces Timing of Second Quarter 2020 Earnings Release and Conference Call

  • Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host a conference call to discuss its recently announced successful debt exchange and its second quarter 2020 earnings at 9:00 AM CDT on Friday, August 7, 2020. Forum will issue a press release regarding its second quarter 2020 earnings prior to the conference call.
  • 08/03/2020

Forum Energy Technologies, Inc. Announces Expiration and Results of its Exchange Offer and Consent Solicitation

  • Forum Energy Technologies, Inc. (NYSE: FET) ("Forum" or the "Company") announced today the expiration and results of its previously announced offer to exchange its existing notes for new 9.00% convertible secured notes due 2025.
  • 08/03/2020

Forum Energy Technologies, Inc. Announces Expiration and Results of its Exchange Offer and Consent Solicitation

  • Forum Energy Technologies, Inc. (NYSE: FET) (“Forum” or the “Company”) announced today the expiration and results of its previously announced offer to
  • 08/03/2020

Forum Energy Technologies, Inc. Announces Preliminary Results of Pending Exchange Offer

  • Forum Energy Technologies, Inc. ("Forum" or the "Company") (NYSE: FET) today announced that as of the preliminary tender deadline, which was 5:00 p.m. ET on July 17, 2020, participation in its pending exchange offer for the 6.25% senior notes due 2021 fell short of the amount required to consummate the transaction.
  • 07/20/2020

Forum Energy Technologies, Inc. Announces Preliminary Results of Pending Exchange Offer

  • Forum Energy Technologies, Inc. (“Forum” or the “Company”) (NYSE: FET) today announced that as of the preliminary tender deadline, which was 5:00 p.m.
  • 07/20/2020

Forum Energy Technologies (NYSE:FET) Shares Gap Down to $0.40

  • Forum Energy Technologies Inc (NYSE:FET)’s share price gapped down prior to trading on Friday . The stock had previously closed at $0.40, but opened at $0.40. Forum Energy Technologies shares last traded at $0.41, with a volume of 16,592 shares changing hands. A number of equities analysts have recently commented on FET shares. Zacks Investment […]
  • 07/19/2020

Implied Volatility Surging for Forum Energy (FET) Stock Options

  • Investors need to pay close attention to Forum Energy (FET) stock based on the movements in the options market lately.
  • 07/15/2020

Forum Energy Technologies, Inc. Announces Preliminary Second Quarter 2020 Financial Results

  • Forum Energy Technologies, Inc. ("Forum" or the "Company") (NYSE: FET) today announced that revenue for the second quarter 2020 is now projected to be in the range of $110 to $115 million, a decline of approximately 37-40% from first quarter revenue of $183 million. Free cash flow after capital expenditures and interest expense for the quarter is now expected to be approximately negative $6 million. Due to the preliminary nature of this guidance, a reconciliation to cash flow from operations is not currently available. A full reconciliation will be provided with the Forum’s second quarter 2020 earnings announcement, which is currently scheduled to be released in the beginning of August 2020.
  • 07/13/2020

Forum Energy Technologies, Inc. Announces Preliminary Second Quarter 2020 Financial Results

  • Forum Energy Technologies, Inc. (“Forum” or the “Company”) (NYSE: FET) today announced that revenue for the second quarter 2020 is now projected to be
  • 07/13/2020

Are Hedge Funds Right About Forum Energy Technologies Inc (FET)?

  • At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]
  • 07/09/2020

What to Watch in U.S. Corporate Credit Markets This Week

  • (Bloomberg) -- Distressed-debt investors will be on the lookout for bankruptcy filings after retailers sought court protection at a record pace in the first half of the year. Meanwhile, a light calendar is expected in the primary markets.The debt exchange for AMC Entertainment Holdings Inc., the largest U.S. cinema chain, expires this week after the deadline was initially extended. The company will start reopening its theaters on July 30, two weeks later than expected, after Hollywood studios rescheduled the release of nearly every movie that was supposed to come out this month.NPC International Inc., the largest franchisee of Pizza Hut restaurants in the U.S., filed for bankruptcy last week, as did New York restaurant chain Fig & Olive. Lucky Brand Dungarees LLC and affiliates, known for jeans and other apparel, also sought court protection after the coronavirus pandemic scuttled restructuring efforts.More U.S. retail companies sought bankruptcy protection in the first half of 2020 than in any other comparable period while energy filings piled up at the fastest pace since oil prices plunged in 2016. Forum Energy Technologies Inc. said Monday morning it may need to consider bankruptcy.Junk Fund OutflowsFederal Reserve intervention and strong technicals spurred big inflows into junk bond funds last quarter, but the steady resurgence of virus infections may dampen investor appetite. Debt buyers pulled $5.55 billion from junk funds in the week ended July 1, the most in over two years.High-yield investors “who have ridden the wave, and those who bought tactically during the selloff, have an incentive to take some money off the table,” said Scott Kimball, a portfolio manager at BMO Global Asset Management.The leveraged loans market, which saw the best quarterly performance in more than a decade, has no lender meetings scheduled this week. The backlog of leveraged buyouts that were put on pause in March has mostly cleared. U.S. institutional loan volume mandated but yet to launch stood at $7.1 billion at the end of June, down about 55% from the end of May.Fed BackstopWall Street’s corporate bond dealers are projecting $15 billion to $20 billion in U.S. investment-grade corporate debt sales this week, around the $16.7 billion sold before the Independence Day holiday. Syndicate desks expect blue-chip companies to sell about $100 billion in bonds this month, in line with the five-year average for July.Last month’s volume of $169 billion was the sixth-largest monthly haul on record, and the busiest June.“We are expecting a fraction of what hit in the first half to come to market for the rest of the year,” said Daniel Oh, a portfolio manager at Osterweis Capital Management. “We do have the Federal Reserve buying bonds, which should be a backstop to any major widening.”(Updates with additional bankruptcy cases in third and fourth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
  • 07/06/2020

Forum Energy Technologies, Inc. Provides Market Update

  • Forum Energy Technologies, Inc. ("Forum" or the "Company") (NYSE: FET) today provided the following update on the status of its business:
  • 07/06/2020

Forum Energy Technologies, Inc. Announces Commencement of Exchange Offer and Consent Solicitation for 6.250% Senior Notes due 2021

  • Forum Energy Technologies, Inc. ("Forum" or the "Company") (NYSE: FET) today announced it has commenced an offer to exchange its existing notes for new 9.00% convertible secured notes due 2025. The new notes will pay interest at the rate of 9.00% (as compared to the rate of 6.25% on the existing notes). Of such interest, 6.25% will be payable in cash and 2.75% will be payable in cash or additional notes, at the Company’s option. The new notes will mature five years from issuance (as compared to the maturity of October 1, 2021 on the existing notes). The new notes will be secured by a first lien on substantially all of the Company’s assets, except for revolving credit facility collateral, which will secure the new notes on a second lien basis (while the existing notes will remain unsecured). The new notes will also be convertible into common stock as described in more detail below.
  • 07/06/2020

Forum Energy Technologies, Inc. Announces Commencement of Exchange Offer and Consent Solicitation for 6.250% Senior Notes due 2021

  • Forum Energy Technologies, Inc. (“Forum” or the “Company”) (NYSE: FET) today announced it has commenced an offer to exchange its existing notes for ne
  • 07/06/2020

Forum Energy Technologies (NYSE:FET) Rating Lowered to Neutral at Piper Sandler

  • Forum Energy Technologies (NYSE:FET) was downgraded by analysts at Piper Sandler from an “overweight” rating to a “neutral” rating in a research note issued on Monday, Marketbeat reports. They presently have a $0.40 price objective on the oil and gas company’s stock. Piper Sandler’s price objective indicates a potential downside of 25.93% from the stock’s […]
  • 07/01/2020

Outlook on the Global Fracking Fluid End Industry to 2025 - Featuring Gardner Denver, Halliburton & Kerr Pumps Among Others

  • Dublin, July 01, 2020 (GLOBE NEWSWIRE) -- The "Fracking Fluid End Market by Material Type, by End-User Type, by Horsepower Type, by Design Type, and...
  • 07/01/2020

Forum Energy Technologies, Inc. Announces Executive Management Changes

  • Forum Energy Technologies, Inc. (NYSE: FET) (the "Company") announced today that, as part of its continuing cost reduction plan, the corporate executive team will be reduced and reorganized. Changes to the executive team will be effective July 10, 2020 and are as follows:
  • 06/30/2020

After Chesapeake’s Bankruptcy, These Oil-and-Gas Companies Could be in Danger

  • A list of 10 distressed and not-quite-distressed oil-and-gas companies.
  • 06/30/2020

Forum Energy Technologies, Inc. Announces Executive Management Changes

  • Forum Energy Technologies, Inc. (NYSE: FET) (the “Company”) announced today that, as part of its continuing cost reduction plan, the corporate executi
  • 06/30/2020

FEC Resources Sets Records Date and Expiry of Previously Announced Rights Offering | MarketScreener

  • 06/26/2020

Global Fracking Fluid End Market (2020 to 2025) - by Material Type, End-user Type, Horsepower Type, Design Type, and Region - ResearchAndMarkets.com

  • The
  • 06/26/2020

COVID-19: Significant Shift in Strategy of Wellhead Equipment Market - Vendor Analysis and Growth Outlook for 2020-2024: Exclusive Report from Technavio

  • 06/24/2020

COVID-19: Significant Shift in Strategy of Wellhead Equipment Market - Vendor Analysis and Growth Outlook for 2020-2024: Exclusive Report from Technavio

  • The Global Wellhead Equipment Market will grow by USD 0.61 bn during 2020-2024
  • 06/24/2020

Forum Energy Technologies (NYSE:FET) Trading Up 14.8%

  • Forum Energy Technologies Inc (NYSE:FET) shares were up 14.8% on Monday . The stock traded as high as $0.70 and last traded at $0.71, approximately 110,843 shares traded hands during mid-day trading. A decline of 98% from the average daily volume of 6,386,295 shares. The stock had previously closed at $0.62. Several equities analysts have […]
  • 06/17/2020

'We will fight': Oil and gas move off Ningaloo shocks protection groups

  • The bid to open up the area for oil and gas exploration is the latest evidence of an industry push south from the Pilbara into the Coral Coast, campaigners say.
  • 06/15/2020

Shares of several energy companies are trading lower as oil prices dip. Concerns of a second wave of the coronavirus have caused economic uncertainty and clouded demand outlook, while a recent build in US crude inventories has led to continued oversupply concerns.

  • 06/11/2020

Shares of several energy companies are trading lower after API reported an 8.42 million barrel build in crude oil inventories.

  • 06/10/2020

Shares of several energy companies are trading lower as equities sell off following the recent rally. Stocks have rallied over the past week amid optimism towards the US economy reopening and investors have potentially taken some profits following the run up.

  • 06/09/2020

Shares of several energy companies are trading higher after OPEC+ agreed to extend production cuts into July.

  • 06/08/2020

Shares of several energy companies are trading higher amid a gain in oil prices following positive US jobs data and as investors await the OPEC+ conference, hoping for output cuts.

  • 06/05/2020

Oil services firm Subsea 7 to lay off 3,000 following oil market slump - Oil & Gas 360

  • The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
  • 05/29/2020

Oil services firm Subsea 7 to lay off 3,000 following oil market slump

  • OSLO, May 28 (Reuters) - Oil services firm Subsea 7 announced on Thursday that it will cut its global workforce by a quarter and reduce its fleet of...
  • 05/28/2020

Remarking Enormous Growth in Mud Standpipe Manifolds Market 2020 | Recent Trends & Demand by Top Key Players: Sparklet Engineers Group, National Oilwell Varco, Baker Hughes, Schlumberger

  • May 25, 2020 (Industry News Wire via COMTEX) -- Market Research Vision announces addition of new report "Mud Standpipe Manifolds Market Report: Regional Data...
  • 05/25/2020

Joint Press Release of Forum US, Inc. and Howe-Baker International Ltd. Regarding Settlement of Litigation

  • Forum US, Inc. and Howe-Baker International Ltd., Howe-Baker LLC, Howe Baker International LLC and Omid Malek (collectively "Howe Baker International Ltd.") have settled a lawsuit in which Forum US, Inc. had accused Howe-Baker International Ltd. of violating the Federal Lanham Act based on several statements that appeared on Howe-Baker International Ltd.’s website. Howe-Baker International Ltd. states such statements were inadvertently included on the website.
  • 05/20/2020

Joint Press Release of Forum US, Inc. and Howe-Baker International Ltd. Regarding Settlement of Litigation

  • Forum US, Inc. and Howe-Baker International Ltd., Howe-Baker LLC, Howe Baker International LLC and Omid Malek (collectively “Howe Baker International
  • 05/20/2020

14 Energy Stocks Moving In Monday's Pre-Market Session

  • 05/18/2020

Forum Energy Technologies, Inc. -- Moody's downgrades Forum Energy's CFR to Ca; outlook negative

  • Moody's Investors Service ("Moody's") downgraded Forum Energy Technologies, Inc.'s (Forum) Corporate Family Rating to Ca from Caa1, Probability of Default Rating (PDR) to Ca-PD/LD (/LD appended) from Caa1-PD and senior unsecured notes rating to C from Caa2. "The downgrade of Forum's ratings reflect increased restructuring risks for the company's remaining debt as maturities approach," said Jonathan Teitel, a Moody's analyst.
  • 05/15/2020

Forum Energy Technologies, Inc. Announces Expiration and Results of its Tender Offer and Consent Solicitation

  • Forum Energy Technologies, Inc. (NYSE: FET) ("Forum" or the "Company") announced today the expiration and results of its previously announced "Dutch Auction" tender offer and consent solicitation (the "Offer") for a portion of its outstanding 6.250% Senior Notes due 2021 (the "Notes") for aggregate cash consideration of up to $80.0 million.
  • 05/13/2020

Forum Energy Technologies, Inc. Announces Expiration and Results of its Tender Offer and Consent Solicitation

  • Forum Energy Technologies, Inc. (NYSE: FET) (“Forum” or the “Company”) announced today the expiration and results of its previously announced “Dutch A
  • 05/13/2020

Monaco Asset Management SAM Buys Ovintiv Inc, Continental Resources Inc, W R Grace, Sells ...

  • 05/12/2020

12 Energy Stocks Moving In Monday's Pre-Market Session

  • 05/11/2020

96 Biggest Movers From Friday

  • 05/11/2020

70 Stocks Moving In Friday's Mid-Day Session

  • 05/08/2020

12 Energy Stocks Moving In Friday's Pre-Market Session

  • 05/08/2020

38 Stocks Moving in Friday's Pre-Market Session

  • 05/08/2020

Forum Energy Technologies Announces First Quarter 2020 Results

  • Forum Energy Technologies, Inc. (NYSE: FET) today announced first quarter 2020 revenue of $183 million, a decrease of $17 million from the fourth quarter 2019. Net loss for the quarter was $37 million, or $0.33 per diluted share, compared to a net loss of $12 million, or $0.11 per diluted share, for the fourth quarter 2019. Excluding $15 million, or $0.13 per share of special items, adjusted net loss was $0.20 per diluted share in the first quarter 2020, compared to an adjusted net loss of $0.09 per diluted share in the fourth quarter 2019. Forum generated $1.3 million of adjusted EBITDA in the quarter, a decrease of approximately $9.4 million from the fourth quarter 2019.
  • 05/07/2020

Forum Energy Technologies Announces First Quarter 2020 Results

  • Forum Energy Technologies, Inc. (NYSE: FET) today announced first quarter 2020 revenue of $183 million, a decrease of $17 million from the fourth quar
  • 05/07/2020

13 Energy Stocks Moving In Tuesday's Pre-Market Session

  • 05/05/2020

28 Stocks Moving in Tuesday's Pre-Market Session

  • 05/05/2020

17 Energy Stocks Moving In Monday's Pre-Market Session

  • 05/04/2020

30 Stocks Moving in Monday's Pre-Market Session

  • 05/04/2020

William Marsh Rice University Buys CrowdStrike Holdings Inc, Elastic NV, Sells Upwork Inc, ...

  • 05/04/2020

72 Biggest Movers From Yesterday

  • 05/01/2020

32 Stocks Moving in Friday's Pre-Market Session

  • 05/01/2020

61 Stocks Moving In Thursday's Mid-Day Session

  • Gainers AgEagle Aerial Systems, Inc. (NASDAQ: UAVS) shares climbed 76.1% to $4.05 after jumping 160% on Wednesday. QEP Resources, Inc. (NYSE: QEP) shares climbed 46.2% to $1.05...
  • 04/30/2020

35 Stocks Moving in Thursday's Pre-Market Session

  • Gainers QEP Resources, Inc. (NYSE: QEP) shares rose 68.5% to $1.21 in pre-market trading after the company reported strong Q1 earnings. AgEagle Aerial Systems, Inc. (NYSE: UAVS)...
  • 04/30/2020

Bank of America Corp DE Trims Holdings in Forum Energy Technologies Inc (NYSE:FET)

  • Bank of America Corp DE lessened its holdings in shares of Forum Energy Technologies Inc (NYSE:FET) by 37.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 238,681 shares of the oil and gas company’s stock after selling 145,759 shares during […]
  • 04/30/2020

Forum Energy Technologies Adopts Limited Duration Stockholder Rights Plan

  • Forum Energy Technologies, Inc. (NYSE: FET) (the "Company") today announced that its Board of Directors has approved the adoption of a limited duration Stockholder Rights Plan (the "Rights Plan"), effective April 29, 2020. The Rights Plan is similar to plans adopted by numerous publicly traded companies.
  • 04/29/2020

Fracking Fluid End Market Size to Reach US$ 678 Million in 2025, Says Stratview Research

  • Stratview Research announces the launch of a new research report on Fracking Fluid End Market by Material Type (Carbon Steel Fluid End and Stainless-Steel Fluid End), by End-User Type (OE and Aftermarket), by Horsepower Type (2000-2500 HP and Above 2500 HP), by Design Type (Triplex and Quintuplex), and
  • 04/29/2020

Forum Energy Technologies, Inc. Announces Extension of Early Tender and Consent Date

  • Forum Energy Technologies, Inc. (NYSE: FET) ("Forum" or the "Company") announced today that it is extending to 11:59 p.m., New York City Time, on May 12, 2020 the Early Tender and Consent Date (as defined in the Company’s Offer to Purchase and Consent Solicitation Statement dated April 15, 2020 (the "Statement")) of its cash tender offer (the "Offer") for an aggregate principal amount of its outstanding 6.250% Senior Notes due 2021 (the "Notes") resulting in an aggregate payment amount of up to $80.0 million (exclusive of accrued and unpaid interest). Accordingly, the Early Tender and Consent Date will occur at the same time the Offer is scheduled to expire at 11:59 P.M., New York City time, on May 12, 2020, unless extended or earlier terminated by Forum in its sole discretion, and the holders of all Notes tendered at or prior to such time will be eligible to receive the Total Consideration (as defined in the Statement) for their Notes, including the Early Tender Payment (as defined in the Statement). All of the other terms and conditions of the Offer remain unchanged. The Withdrawal Date (as defined in the Statement) prior to which Notes tendered may be validly withdrawn has passed, and Notes tendered through the expiration date of the Offer may not be validly withdrawn except under the circumstances described in the Statement.
  • 04/29/2020

Short Interest in Forum Energy Technologies Inc (NYSE:FET) Rises By 18.6%

  • Forum Energy Technologies Inc (NYSE:FET) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 3,630,000 shares, a growth of 18.6% from the March 31st total of 3,060,000 shares. Based on an average daily volume of 3,220,000 shares, the short-interest ratio is currently 1.1 […]
  • 04/29/2020

Forum Energy Technologies, Inc. Announces Extension of Early Tender and Consent Date

  • 04/29/2020

Forum Energy Technologies, Inc. Announces Change of Location for Annual Meeting of Stockholders to Be Held on May 12, 2020

  • Forum Energy Technologies, Inc. (NYSE:FET) ("Forum") announced today a change in the location for its 2020 Annual Meeting of Stockholders (the "Annual Meeting"). As previously announced, the Annual Meeting will be held at 8:00 a.m., Central Daylight Time, on May 12, 2020. However, due to health and safety concerns related to the coronavirus (COVID-19) outbreak, recommendations and orders from various federal, state and local governmental authorities, and out of an abundance of caution to support the health and well-being of Forum’s stockholders, employees and community, the Annual Meeting will now be held in a virtual meeting format only. There will be no physical meeting, and stockholders will not be able to attend the Annual Meeting in person.
  • 04/28/2020

Forum Energy Technologies, Inc. Announces Change of Location for Annual Meeting of Stockholders ...

  • 04/28/2020

Bank of New York Mellon Corp Has $781,000 Stock Position in Forum Energy Technologies Inc (NYSE:FET)

  • Bank of New York Mellon Corp reduced its holdings in shares of Forum Energy Technologies Inc (NYSE:FET) by 34.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 465,046 shares of the oil and gas company’s stock after selling 242,744 shares during the period. Bank of New York Mellon Corp’s holdings in Forum […]
  • 04/27/2020

Assenagon Asset Management S.A. Sells 231,281 Shares of Forum Energy Technologies Inc (NYSE:FET)

  • Assenagon Asset Management S.A. lowered its holdings in shares of Forum Energy Technologies Inc (NYSE:FET) by 27.2% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 617,484 shares of the oil and gas company’s stock after selling 231,281 shares during the quarter. Assenagon Asset […]
  • 04/26/2020

Forum Energy Technologies (NYSE:FET) Shares Gap Up to $0.23

  • Forum Energy Technologies Inc (NYSE:FET) gapped up before the market opened on Thursday . The stock had previously closed at $0.27, but opened at $0.23. Forum Energy Technologies shares last traded at $0.31, with a volume of 1,268,026 shares. FET has been the topic of several recent analyst reports. Bank of America downgraded shares of […]
  • 04/25/2020

Forum Energy Technologies Inc (NYSE:FET) Expected to Post Quarterly Sales of $203.05 Million

  • Equities analysts predict that Forum Energy Technologies Inc (NYSE:FET) will post sales of $203.05 million for the current quarter, according to Zacks. Two analysts have made estimates for Forum Energy Technologies’ earnings. The lowest sales estimate is $203.00 million and the highest is $203.10 million. Forum Energy Technologies reported sales of $271.80 million in the […]
  • 04/25/2020

Citigroup Maintains Neutral on Forum Energy Technologies, Lowers Price Target to $0.24

  • 04/22/2020

20 Energy Stocks Moving In Tuesday's Pre-Market Session

  • Gainers • Extraction Oil & Gas, Inc. (NASDAQ:XOG) stock moved upwards by 16.70% to $0.32 during Tuesday's pre-market session. The most recent rating by Imperial...
  • 04/21/2020

Forum Energy Technologies Inc (NYSE:FET) Short Interest Down 10.4% in March

  • Forum Energy Technologies Inc (NYSE:FET) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totalling 3,060,000 shares, a decline of 10.4% from the March 15th total of 3,415,400 shares. Currently, 4.3% of the shares of the stock are sold short. Based on an average […]
  • 04/21/2020

Earnings Preview: Forum Energy Technologies (FET) Q1 Earnings Expected to Decline

  • Forum Energy (FET) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
  • 04/16/2020

Earnings Preview: Forum Energy Technologies (FET) Q1 Earnings Expected to Decline

  • Forum Energy (FET) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
  • 04/16/2020

Forum Energy Technologies Inc (NYSE:FET) Given Consensus Rating of "Hold" by Analysts

  • Forum Energy Technologies Inc (NYSE:FET) has earned a consensus recommendation of “Hold” from the thirteen brokerages that are presently covering the stock, MarketBeat Ratings reports. Five analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. The average 12 month […]
  • 04/16/2020

Earnings Preview: Forum Energy Technologies (FET) Q1 Earnings Expected to Decline

  • 04/16/2020

Forum Energy Technologies, Inc. Announces Commencement of Tender Offer and Consent Solicitation

  • Forum Energy Technologies, Inc. (NYSE: FET) ("Forum" or the "Company") today announced the commencement of a modified "Dutch Auction" tender offer and consent solicitation (the "Offer") for a portion of its outstanding 6.250% Senior Notes due 2021 (the "Notes").
  • 04/15/2020

Forum Energy Technologies (NYSE:FET) Trading 14.3% Higher

  • Forum Energy Technologies Inc (NYSE:FET)’s stock price rose 14.3% during mid-day trading on Monday . The company traded as high as $0.27 and last traded at $0.26, approximately 166,947 shares were traded during mid-day trading. A decline of 93% from the average daily volume of 2,425,214 shares. The stock had previously closed at $0.23. Several […]
  • 04/15/2020

19 Energy Stocks Moving In Tuesday's Pre-Market Session

  • Gainers • Core Laboratories, Inc. (NYSE:CLB) shares moved upwards by 7.96% to $12.75 during Tuesday's pre-market session. The most recent rating by ScotiaBank, on Apr 13...
  • 04/14/2020

Forum Announces Financial Update for Current Oil Market and COVID-19

  • Forum Energy Technologies, Inc. (NYSE: FET) ("Forum" or, the "Company") today announced a financial update in view of the significant impact that the COVID-19 pandemic and the collapse in oil and gas prices are having on drilling and completion activity, and demand for Forum’s products. Forum is taking a number of actions in response to the current market environment, including the following:
  • 04/13/2020

Forum Energy lowers Q1 revenue view to $180M-$185M, consensus $203.53M FET

  • Forum Energy lowers Q1 revenue view to $180M-$185M, consensus $203.53M FET
  • 04/13/2020

Forum Energy sees impairment charges of $30M from COVID-19 impact FET

  • Forum Energy sees impairment charges of $30M from COVID-19 impact FET
  • 04/13/2020

Forum Energy Technologies (NYSE:FET) Shares Gap Up to $0.18

  • Forum Energy Technologies Inc (NYSE:FET)’s share price gapped up prior to trading on Friday . The stock had previously closed at $0.16, but opened at $0.18. Forum Energy Technologies shares last traded at $0.23, with a volume of 11,022,291 shares. FET has been the subject of a number of recent analyst reports. Capital One Financial […]
  • 04/12/2020

Forum Energy Technologies (NYSE:FET) Sees Large Volume Increase

  • Forum Energy Technologies Inc (NYSE:FET) saw unusually-high trading volume on Thursday . Approximately 11,020,456 shares traded hands during trading, an increase of 775% from the previous session’s volume of 1,259,797 shares.The stock last traded at $0.23 and had previously closed at $0.18. FET has been the subject of several research reports. Barclays cut shares of […]
  • 04/11/2020

Forum Energy Technologies (NYSE:FET) Stock Price Up 0.1%

  • Forum Energy Technologies Inc (NYSE:FET)’s share price rose 0.1% during mid-day trading on Tuesday . The company traded as high as $0.18 and last traded at $0.18, approximately 35,849 shares were traded during mid-day trading. A decline of 98% from the average daily volume of 1,923,698 shares. The stock had previously closed at $0.18. FET […]
  • 04/09/2020

European markets close higher as Fed unveils $2.3 trillion stimulus plan

  • European markets closed higher Thursday as investors digested the latest U.S. jobless data and a $2.3 trillion stimulus package from the Federal Reserve.
  • 04/09/2020

Connor Clark & Lunn Investment Management Ltd. Acquires 100,585 Shares of Forum Energy Technologies Inc (NYSE:FET)

  • Connor Clark & Lunn Investment Management Ltd. lifted its stake in Forum Energy Technologies Inc (NYSE:FET) by 167.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 160,557 shares of the oil and gas company’s stock after acquiring an additional 100,585 […]
  • 04/08/2020

KT and Far EasTone Sign MOU for 5G Services

  • KT Corporation (KRX: 030200; NYSE: KT), South Korea's largest telecommunications company, announced today that it has signed a memorandum of understanding (MOU) with Taiwan's Far EasTone Telecommunications Co. Ltd. (FET) for collaboration in 5G services and digital content development.
  • 04/08/2020

Private Jet Charter Prices Aren’t Cheap, But They Just Went Down

  • Two factors look to make flying privately less expensive, at least through the end of the year.
  • 04/07/2020

12 Energy Stocks Moving In Tuesday's Pre-Market Session

  • Gainers • Sasol, Inc. (NYSE:SSL) stock rose 47.35% to $3.75 during Tuesday's pre-market session. • Forum Energy Technologies, Inc. (NYSE:FET) shares increased by 32....
  • 04/07/2020

AQR Capital Management LLC Buys 293,384 Shares of Forum Energy Technologies Inc (NYSE:FET)

  • AQR Capital Management LLC boosted its holdings in shares of Forum Energy Technologies Inc (NYSE:FET) by 39.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,028,538 shares of the oil and gas company’s stock after purchasing an additional 293,384 […]
  • 04/06/2020

Forum Energy Technologies, Inc. -- Moody's announces completion of a periodic review of ratings of Forum Energy Technologies, Inc.

  • Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Forum Energy Technologies, Inc. New York, April 03, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Forum Energy Technologies, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's assessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers, which was followed by a rating committee.
  • 04/03/2020

Forum Energy Technologies (NYSE:FET) Upgraded to "Buy" at ValuEngine

  • Forum Energy Technologies (NYSE:FET) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday, ValuEngine reports. Several other research firms have also weighed in on FET. Bank of America lowered Forum Energy Technologies from a “neutral” rating to an “underperform” rating […]
  • 04/02/2020

Forum Energy Technologies, Inc. -- Moody's downgrades Forum Energy's CFR to Caa1; outlook negative

  • "Forum's rating downgrade reflects increased debt refinancing risk and elevated risk of default, including from a distressed exchange," said Jonathan Teitel, Moody's Analyst. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating.
  • 03/26/2020

Forum Energy Technologies (NYSE:FET) Shares Down 18.5%

  • Forum Energy Technologies Inc (NYSE:FET)’s share price traded down 18.5% during mid-day trading on Monday . The stock traded as low as $0.18 and last traded at $0.16, 47,363 shares traded hands during mid-day trading. A decline of 96% from the average session volume of 1,193,620 shares. The stock had previously closed at $0.20. Several […]
  • 03/24/2020

Forum Energy Tech pulls guidance for Q1, FY 2020

  • Forum Energy Technologies (NYSE:FET) says its results of operations, including operating cash flow, for Q1 and FY 2020 all will be hurt by the collapse in oil prices and the deteriorating outlook for
  • 03/19/2020

Forum Energy Technologies, Inc. Announces Operational and Financial Update

  • Forum Energy Technologies, Inc. (NYSE: FET) (the "Company" or "Forum") today provided the following update on the status of the business: Cris Gaut, Chairman and Chief Executive Officer of the Company said, "We are closely monitoring the impact of COVID-19 to ensure the safety of our employees, while we preserve business continuity and work to meet our customers’ needs. Given the collapse in oil prices and the rapidly devolving outlook for drilling and completions spending, our guidance for the Company’s financial performance for the first quarter and full year 2020 previously provided during our fourth quarter earnings call is withdrawn and investors should no longer rely on this guidance. We expect our results of operations, including operating cash flow, for the first quarter and the full year 2020 to be negatively impacted as a result of lower demand for our products and by supply chain disruptions. This statement replaces and supersedes any previously issued guidance or forecast.
  • 03/19/2020

Forum Energy Tech (FET) Received its Third Sell in a Row

  • After Merrill Lynch and Evercore ISI gave Forum Energy Tech (NYSE: FET) a Sell rating last month, the company received another Sell, this time from
  • 03/19/2020

Forum Energy downgraded to Underweight from Equal Weight at Barclays FET

  • Forum Energy downgraded to Underweight from Equal Weight at Barclays Barclays FET
  • 03/19/2020

Forum Energy withdraws Q1, FY20 guidance FET

  • Forum Energy withdraws Q1, FY20 guidance FET
  • 03/19/2020

Forum Energy Technologies Withdraws Guidance, Expects Q1 And FY20 Results To Be Negatively Impacted By Coronavirus

  • 03/19/2020

Evercore ISI Lowers Forum Energy Technologies (NYSE:FET) to Sell

  • Forum Energy Technologies (NYSE:FET) was downgraded by stock analysts at Evercore ISI to a “sell” rating in a note issued to investors on Tuesday, TipRanks reports. A number of other analysts have also commented on FET. ValuEngine lowered Forum Energy Technologies from a “buy” rating to a “hold” rating in a report on Thursday, February […]
  • 03/18/2020

Houston energy co. gets delisting warning as stock price plunges

  • The New York Stock Exchange warned Houston-based Forum Energy Technologies Inc. (NYSE: FET) that its stock price had dropped too low earlier this month and that it was at risk for delisting from the exchange if the company doesn’t fix the problem. Forum Energy’s 30-day average stock price has dropped below $1 per share — the NYSE’s continued listing threshold — according to a warning the NYSE sent to Forum on March 10, the day after a sharp decline in Forum’s share price.
  • 03/17/2020

Forum Energy downgraded to Underweight from Equal Weight at Morgan Stanley FET

  • Forum Energy downgraded to Underweight from Equal Weight at Morgan Stanley Morgan Stanley FET
  • 03/16/2020

Forum Energy Technologies Inc to Post Q1 2020 Earnings of ($0.11) Per Share, B. Riley Forecasts (NYSE:FET)

  • Forum Energy Technologies Inc (NYSE:FET) – Equities researchers at B. Riley boosted their Q1 2020 earnings per share (EPS) estimates for Forum Energy Technologies in a research report issued on Wednesday, March 11th. B. Riley analyst T. Curran now expects that the oil and gas company will post earnings of ($0.11) per share for the […]
  • 03/16/2020

Morgan Stanley Downgrades Forum Energy Technologies to Underweight, Lowers Price Target to $0.25

  • 03/16/2020

Forum Energy Technologies Receives Continued Listing Standard Notice from NYSE

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) (the “Company”) today announced that on March 10, 2020, the Company was notified by the New York Stock Exchange of its noncompliance with continued listing standards because the average closing price of shares of its common stock over a prior 30 consecutive trading day period had fallen below $1.00 per share, which is the minimum average closing price per share required to maintain listing on the NYSE. The Company’s Board of
  • 03/11/2020

Forum Energy downgraded to Sell from Buy at Tudor Pickering FET

  • Forum Energy downgraded to Sell from Buy at Tudor Pickering Tudor Pickering FET
  • 03/11/2020

's Top Upgrades, Downgrades For March 11, 2020

  • Upgrades For MRC Global Inc (NYSE: MRC), Stifel upgraded the stock from Hold to Buy. For the fourth quarter, MRC Global had an EPS of ($0.35), compared to year-ago...
  • 03/11/2020

B. Riley FBR proclaims end to global E&P offshore recovery, downgrades three VAL;FET;TTI

  • B. Riley FBR proclaims end to global E&P offshore recovery, downgrades three B. Riley FBR VAL FET TTI
  • 03/11/2020

Bank of America Downgrades Forum Energy Technologies (NYSE:FET) to Underperform

  • Forum Energy Technologies (NYSE:FET) was downgraded by equities research analysts at Bank of America from a “neutral” rating to an “underperform” rating in a note issued to investors on Monday, Marketbeat Ratings reports. Several other analysts also recently weighed in on the company. ValuEngine downgraded Forum Energy Technologies from a “buy” rating to a “hold” […]
  • 03/11/2020

Forum Energy downgraded to Sell from Neutral at B. Riley FBR FET

  • Forum Energy downgraded to Sell from Neutral at B. Riley FBR B. Riley FBR FET
  • 03/11/2020

Forum Energy receives continued listing standard notice from NYSE FET

  • Forum Energy receives continued listing standard notice from NYSE FET
  • 03/11/2020

Forum Energy Technologies (NYSE:FET) Rating Lowered to Underperform at Evercore ISI

  • Forum Energy Technologies (NYSE:FET) was downgraded by Evercore ISI from an “outperform” rating to an “underperform” rating in a report issued on Monday, MarketBeat.com reports. Several other analysts have also issued reports on FET. ValuEngine lowered shares of Forum Energy Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, […]
  • 03/11/2020

B. Riley FBR Downgrades Forum Energy Technologies to Sell, Lowers Price Target to $0.2

  • 03/11/2020

BofA Downgrades 14 Oil And Gas Stocks In Face Of Oil Price War

  • Plummeting oil prices and uncertainty around the oil market in the midst of a price war between two big producing nations led Bank of America to downgrade nearly every stock in the sector that it didn't already rate Underperform, dropping the outlook on 14 stocks across the industry, from offshore drillers to equipment companies. Bank of America analyst Chase Mulvehill said in a Tuesday note the Saudi-Russia price war will ripple through the industry, and that U.S. shale will be the biggest victim. Mulvehill said U.S. Horizontal rig activity can be expected to collapse by nearly 35%, and expects U.S. onshore spending to drop considerably. Over the next couple years, shale could look pretty bleak. "At some point, the global oil market will need US Shale to grow … Full story available on Benzinga.com
  • 03/10/2020

Increasing Oil & Gas Wells and Shale Discoveries are Fuelling Growth of Fluid End Assembly Market; Valuation to Rise up to ~US$ 14 Bn by 2027-end, Projects TMR

  • According to the latest research report published by Transparency Market Research, the global fluid end assembly market was initially valued at around US$9.8 bn in the year 2018. The report states that the market will exhibit a healthy CAGR of ~4% for the assessment period of 2019 to 2027. Given the
  • 03/10/2020

Zacks: Analysts Anticipate Forum Energy Technologies Inc (NYSE:FET) to Post -$0.09 EPS

  • Equities analysts predict that Forum Energy Technologies Inc (NYSE:FET) will report ($0.09) earnings per share (EPS) for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for Forum Energy Technologies’ earnings. The lowest EPS estimate is ($0.12) and the highest is ($0.07). Forum Energy Technologies posted earnings of ($0.04) per share during the […]
  • 03/10/2020

Oil-linked stocks see mass of downgrades on potential 'Energy Armageddon' HAL;SLB;HP;HLX;CLB;FET;WHD;AMNA;APA;CHK;DVN;OVV;EOG;MRO;OXY;CDEV;CPE;ESTE;FANG;MTDR;PE;PXD;REI;ROSE;WPX;XEC;CLR;ERF;NOG;WLL;MGY;WTI;SM;PDCE;NBL;BCEI;AXAS;VET;AM;ENLC;ET;OKE;PAA;PAGP;TELL;TRGP;BRY;GPOR;QEP

  • Oil-linked stocks see mass of downgrades on potential 'Energy Armageddon' HAL SLB HP HLX CLB FET WHD AMNA APA CHK DVN OVV EOG MRO OXY CDEV CPE ESTE FANG MTDR PE PXD REI ROSE WPX XEC CLR ERF NOG WLL MGY WTI SM PDCE NBL BCEI AXAS VET AM ENLC ET OKE PAA PAGP TELL TRGP BRY GPOR QEP
  • 03/09/2020

Oil-linked stock downgrades dominate top calls on Wall Street HAL;SLB;HP;HLX;CLB;FET;WHD;XEC;WTI;SM;ROSE;PDCE;NBL;MTDR;EOG;BCEI;AXAS;APA;OVV;CPE;VET;TRP;AM;ENLC;ET;OKE;PAA;PAGP;TELL;TRGP;BUD;GRUB

  • Oil-linked stock downgrades dominate top calls on Wall Street HAL SLB HP HLX CLB FET WHD XEC WTI SM ROSE PDCE NBL MTDR EOG BCEI AXAS APA OVV CPE VET TRP AM ENLC ET OKE PAA PAGP TELL TRGP BUD GRUB
  • 03/09/2020

Forum Energy downgraded to Underperform from Neutral at BofA FET

  • Forum Energy downgraded to Underperform from Neutral at BofA BofA FET
  • 03/09/2020

Forum Energy downgraded to Underperform from Outperform at Evercore ISI FET

  • Forum Energy downgraded to Underperform from Outperform at Evercore ISI Evercore ISI FET
  • 03/09/2020

Brokerages Anticipate Forum Energy Technologies Inc (NYSE:FET) Will Announce Quarterly Sales of $208.10 Million

  • Brokerages expect Forum Energy Technologies Inc (NYSE:FET) to post sales of $208.10 million for the current fiscal quarter, Zacks reports. Four analysts have made estimates for Forum Energy Technologies’ earnings, with the highest sales estimate coming in at $217.40 million and the lowest estimate coming in at $203.00 million. Forum Energy Technologies reported sales of […]
  • 03/09/2020

B of A Securities Downgrades Forum Energy Technologies to Underperform

  • 03/09/2020

Forum Energy Technologies Inc (NYSE:FET) Shares Bought by New York State Common Retirement Fund

  • New York State Common Retirement Fund raised its stake in Forum Energy Technologies Inc (NYSE:FET) by 21.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 386,977 shares of the oil and gas company’s stock after purchasing an additional 68,477 shares during the quarter. New York State Common Retirement Fund’s holdings in Forum Energy Technologies […]
  • 03/07/2020

Stocks That Hit 52-Week Lows On Friday

  • Friday morning, 940 companies set new 52-week lows. Interesting Points: The largest company by market cap to set a new 52-week low was Bank of America (NYSE: BAC). The...
  • 03/06/2020

Stocks That Hit 52-Week Lows On Thursday

  • 03/05/2020

Bitcoin Hash Rate Hits New ATH of 136.2 EH/s as BTC Price Starts to Grow Again

  • Bitcoin price is expected to rise exponentially after the coming halving event, while BTC hash rate has reached a new ATH of 136.2 EH/s.
  • 03/02/2020

Acadian Asset Management LLC Increases Stake in Forum Energy Technologies Inc (NYSE:FET)

  • Acadian Asset Management LLC raised its holdings in shares of Forum Energy Technologies Inc (NYSE:FET) by 89.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 164,916 shares of the oil and gas company’s stock after buying an additional 77,940 shares during […]
  • 03/01/2020

Barclays Remains a Sell on US Silica Holdings (SLCA)

  • In a report released yesterday, David Anderson from Barclays maintained a Sell rating on US Silica Holdings (SLCA), with a price target of $4.00. The
  • 02/28/2020

Oceaneering International (OII) Receives a Buy from Barclays

  • In a report released yesterday, David Anderson from Barclays maintained a Buy rating on Oceaneering International (OII), with a price target of $15.00.
  • 02/28/2020

Oceaneering International (OII) Receives a Buy from Barclays

  • In a report released yesterday, David Anderson from Barclays maintained a Buy rating on Oceaneering International (OII – Research Report),
  • 02/28/2020

Stocks That Hit 52-Week Lows On Thursday

  • 02/27/2020

Forum Energy Technologies Inc (FET) Files –…-K for the Fiscal Year Ended on December ...

  • 02/25/2020

Forum Energy Technologies Is Down But Not Out

  • Despite a weak U.S. market, higher sales of artificial lift products can mitigate the top-line loss in the short-to-medium term. An improved book-to-bill ratio
  • 02/24/2020

Forum Energy Technologies (NYSE:FET) Stock Rating Lowered by ValuEngine

  • Forum Energy Technologies (NYSE:FET) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday, ValuEngine reports. FET has been the subject of several other reports. Zacks Investment Research cut shares of Forum Energy Technologies from a “buy” rating to a “hold” […]
  • 02/22/2020

Edited Transcript of FET earnings conference call or presentation 13-Feb-20 3:00pm GMT

  • Q4 2019 Forum Energy Technologies Inc Earnings Call
  • 02/21/2020

Analysts Offer Insights on Materials Companies: Royal Gold (RGLD) and Forum Energy Tech (FET)

  • Analysts fell to the sidelines weighing in on Royal Gold (RGLD) and Forum Energy Tech (FET) with neutral ratings, indicating that the experts are neither
  • 02/18/2020

Analysts Anticipate Forum Energy Technologies Inc (NYSE:FET) to Post -$0.06 Earnings Per Share

  • Analysts forecast that Forum Energy Technologies Inc (NYSE:FET) will announce earnings per share (EPS) of ($0.06) for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Forum Energy Technologies’ earnings, with estimates ranging from ($0.07) to ($0.04). Forum Energy Technologies posted earnings of ($0.04) per share during the same quarter […]
  • 02/17/2020

US$2.41 – That’s What Analysts Think Forum Energy Technologies, Inc. Is Worth After These Results

  • Forum Energy Technologies, Inc. (NYSE:FET) shares fell 2.9% to US$1.02 in the week since its latest yearly results...
  • 02/16/2020

Forum Energy Technologies (NYSE:FET) Issues Earnings Results, Misses Estimates By $0.01 EPS

  • Forum Energy Technologies (NYSE:FET) released its quarterly earnings data on Wednesday. The oil and gas company reported ($0.09) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.08) by ($0.01), Bloomberg Earnings reports. The company had revenue of $199.80 million for the quarter, compared to analyst estimates of $215.96 million. Forum […]
  • 02/15/2020

Did You Manage To Avoid Forum Energy Technologies’s (NYSE:FET) Devastating 95% Share Price Drop?

  • As every investor would know, not every swing hits the sweet spot. But really bad investments should be rare. So...
  • 02/15/2020

Forum Energy Technologies Inc (FET) Q4 2019 Earnings Call Transcript | The Motley Fool

  • FET earnings call for the period ending December 30, 2019.
  • 02/14/2020

Edited Transcript of FET earnings conference call or presentation 13-Feb-20 3:00pm GMT

  • Q4 2019 Forum Energy Technologies Inc Earnings Call
  • 02/13/2020

Forum Energy Technologies, Inc. (FET) CEO Cris Gaut on Q4 2019 Results - Earnings Call Transcript

  • Forum Energy Technologies, Inc. (NYSE:FET) Q4 2019 Earnings Conference Call February 13, 2020, 10:00 AM ET Company Participants Bill Austin - Vice President, Co
  • 02/13/2020

Forum Energy: 4Q Earnings Snapshot

  • HOUSTON (AP) _ Forum Energy Technologies Inc. (FET) on Wednesday reported a loss of $12.4 million in its fourth quarter. The Houston-based company said it had a loss of 11 cents per share. Losses, adjusted for one-time gains and costs, were 9 cents per share. The results matched Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for a loss of 9 cents per share. The provider of manufactured technologies and applied products in the energy sector posted revenue of $199.8 million in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $216 million. For the year, the company reported that its loss widened to $567.1 million, or $5.15 per share. Revenue was reported as $956.5 million. The company's shares closed at $1.08. A year ago, they were trading at $6.79. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FET at https://www.zacks.com/ap/FET
  • 02/13/2020

Forum Energy Technologies Inc (NYSE:FET) Sees Large Growth in Short Interest

  • Forum Energy Technologies Inc (NYSE:FET) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 3,370,000 shares, an increase of 16.2% from the January 15th total of 2,900,000 shares. Based on an average daily volume of 918,400 shares, the short-interest ratio is presently 3.7 […]
  • 02/13/2020

Forum Energy Technologies Announces Fourth Quarter and Full Year 2019 Results

  • HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced fourth quarter 2019 revenue of $200 million, a decrease of $40 million from the third quarter 2019. Net loss for the quarter was $12 million, or $0.11 per diluted share, compared to a net loss of $533 million, or $4.83 per diluted share, for the third quarter 2019. Excluding $3 million, or $0.02 per share of special items, adjusted net loss was $0.09 per diluted share in the fourth quarter 2019 compared to adj
  • 02/13/2020

Forum Energy Technologies Q4 EPS $(0.09) Misses $(0.08) Estimate, Sales $199.8M Miss $213.1M Estimate

  • 02/13/2020

Barclays Maintains a Buy Rating on Diamond Offshore Drilling (DO)

  • In a report released yesterday, David Anderson from Barclays maintained a Buy rating on Diamond Offshore Drilling (DO), with a price target of $6.00. The
  • 02/11/2020

Barclays Keeps a Buy Rating on Liberty Oilfield Services (LBRT)

  • In a report released yesterday, David Anderson from Barclays maintained a Buy rating on Liberty Oilfield Services (LBRT), with a price target of $10.00.
  • 02/07/2020

Patterson-UTI (PTEN) Gets a Hold Rating from Barclays

  • Barclays analyst David Anderson maintained a Hold rating on Patterson-UTI (PTEN) yesterday and set a price target of $8.00. The company's shares closed
  • 02/07/2020

Patterson-UTI (PTEN) Gets a Hold Rating from Barclays

  • Barclays analyst David Anderson maintained a Hold rating on Patterson-UTI (PTEN – Research Report) yesterday and set a price target
  • 02/07/2020

Forum Energy Technologies (FET) Expected to Beat Earnings Estimates: Should You Buy?

  • Forum Energy (FET) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
  • 02/05/2020

Forum Energy Technologies (FET) Expected to Beat Earnings Estimates: Should You Buy?

  • Forum Energy (FET) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
  • 02/05/2020
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