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Upturn AI SWOT - About
FET 
Forum Energy Technologies Inc (FET)
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Upturn Advisory Summary
10/17/2025: FET (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -28.75% | Avg. Invested days 23 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/17/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 248.75M USD | Price to earnings Ratio - | 1Y Target Price 24 |
Price to earnings Ratio - | 1Y Target Price 24 | ||
Volume (30-day avg) - | Beta 0.76 | 52 Weeks Range 12.78 - 21.57 | Updated Date 06/29/2025 |
52 Weeks Range 12.78 - 21.57 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -10.06 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -15.35% | Operating Margin (TTM) 4.65% |
Management Effectiveness
Return on Assets (TTM) 2.46% | Return on Equity (TTM) -32.34% |
Valuation
Trailing PE - | Forward PE 10.7 | Enterprise Value 459716158 | Price to Sales(TTM) 0.31 |
Enterprise Value 459716158 | Price to Sales(TTM) 0.31 | ||
Enterprise Value to Revenue 0.57 | Enterprise Value to EBITDA 8.2 | Shares Outstanding 12369600 | Shares Floating 10730897 |
Shares Outstanding 12369600 | Shares Floating 10730897 | ||
Percent Insiders 10.93 | Percent Institutions 65.41 |
Upturn AI SWOT
Forum Energy Technologies Inc
Company Overview
History and Background
Forum Energy Technologies was founded in 2010 through the combination of Forum Oilfield Technologies and Triton Group. It has grown through acquisitions and organic development to become a provider of manufactured technologies and applied products to the energy industry.
Core Business Areas
- Drilling & Subsea Technologies: Provides a comprehensive range of drilling technologies and subsea equipment.
- Completions: Supplies products and solutions for well completions, including flow control equipment and pressure pumping products.
- Production Technologies: Offers products and services related to artificial lift, process equipment, and surface production solutions.
Leadership and Structure
Neal Lux is the current President and CEO. The company operates with a functional organizational structure across its various business segments.
Top Products and Market Share
Key Offerings
- Subsea Technologies: Includes remotely operated vehicles (ROVs), tooling, and other subsea intervention equipment. Competitors include TechnipFMC, Subsea 7, and Oceaneering International. Market share data is not publicly and readily available at this granularity.
- Well Construction Products: Encompasses a range of drilling and completion equipment. Competitors include National Oilwell Varco (NOV), Halliburton, and Schlumberger. Market share data is not publicly and readily available at this granularity.
- Artificial Lift: Includes gas lift, rod lift, and electric submersible pumps. Competitors include Baker Hughes, Schlumberger, and Weatherford International. Market share data is not publicly and readily available at this granularity.
Market Dynamics
Industry Overview
The energy equipment and services industry is cyclical and heavily influenced by oil and gas prices. Increasing demand for energy, especially in emerging markets, is driving activity.
Positioning
Forum Energy Technologies is positioned as a provider of a broad range of equipment and solutions for the energy industry. Its competitive advantage lies in its diverse product portfolio and global presence.
Total Addressable Market (TAM)
The global oilfield equipment market size was valued at approximately USD 268.33 billion in 2023 and is projected to grow to USD 366.73 billion by 2032. Forum Energy Technologies is positioned to capture a portion of this TAM with its diverse portfolio.
Upturn SWOT Analysis
Strengths
- Diverse product portfolio
- Global presence
- Strong brand recognition
- Established customer relationships
Weaknesses
- High debt levels
- Sensitivity to oil and gas price fluctuations
- Integration challenges from acquisitions
Opportunities
- Growing demand for energy in emerging markets
- Increasing offshore exploration and production activities
- Technological advancements in drilling and completion techniques
- Expansion into renewable energy markets
Threats
- Volatility in oil and gas prices
- Increased competition from other equipment providers
- Regulatory changes affecting the energy industry
- Economic downturns
Competitors and Market Share
Key Competitors
- NOV
- SLB
- BHGE
Competitive Landscape
Forum Energy Technologies faces competition from larger, more established players in the energy equipment and services industry. Its ability to innovate and provide cost-effective solutions is crucial to maintaining its competitive position.
Major Acquisitions
Valveco
- Year: 2011
- Acquisition Price (USD millions): 86
- Strategic Rationale: Expanded Forum's valve product line and enhanced its position in the upstream oil and gas market.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been influenced by industry cycles and acquisitions. Periods of strong oil and gas prices have led to increased demand for the company's products and services.
Future Projections: Future growth is expected to be driven by increasing energy demand and technological advancements. Analyst estimates vary depending on oil and gas price forecasts.
Recent Initiatives: Recent initiatives may include focusing on cost reduction, expanding into new geographic markets, or developing new products and services.
Summary
Forum Energy Technologies is a diversified provider of products and services to the energy industry. While its broad portfolio is a strength, high debt and sensitivity to oil prices pose challenges. The company's future depends on managing its debt, capitalizing on growth opportunities in emerging markets, and adapting to technological changes within the energy sector. Careful monitoring of threats like commodity price fluctuations is crucial for sustained success. Overall, they will need to show improved financials to gain investor confidence.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
- Market Research Reports
Disclaimers:
This analysis is based on publicly available information and estimates. It is not financial advice. Market share data is estimated and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Forum Energy Technologies Inc
Exchange NYSE | Headquaters Houston, TX, United States | ||
IPO Launch date 2012-04-12 | President, CEO & Director Mr. Neal A. Lux | ||
Sector Energy | Industry Oil & Gas Equipment & Services | Full time employees 1800 | Website https://f-e-t.com |
Full time employees 1800 | Website https://f-e-t.com | ||
Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures, and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation, and intervention markets, including applications in oil and natural gas, renewable energy, defense, and communications industries. This segment also offers drilling capital equipment and consumable products; subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tooling, and technical services; hydraulic fracturing pumps, cooling systems, and high-pressure flexible hoses and flow iron; wireline cable and pressure control equipment; and coiled tubing strings and pressure control equipment, as well as coiled line pipe and related services. The Artificial Lift and Downhole Segment designs, manufactures, and supplies products and solutions for the artificial lift, well construction, production, and infrastructure markets. This segment also offers products designed to safeguard artificial lift equipment and downhole cables; well construction casing and cementing equipment; customized downhole technology solutions, which provides sand and flow control products for heavy oil applications; engineered process systems, production equipment, and separation equipment; and a range of industrial valves. It sells its products through distributors to drilling rig contractors, offshore service companies, governmental organizations, and oil and gas operators and producers. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.
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