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Upturn AI SWOT - About
FET 
Forum Energy Technologies Inc (FET)
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Upturn Advisory Summary
08/28/2025: FET (1-star) has a low Upturn Star Rating. Not recommended to BUY.
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 -28.53% | Avg. Invested days 20 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
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 Inc. was formed in 2010 through the merger of Forum Oilfield Technologies, Triton Group, and Subsea Services International. It has grown through acquisitions and organic development, providing engineered products and solutions to the energy industry.
Core Business Areas
- Drilling & Subsea: Provides products and services related to drilling, subsea construction and intervention, including ROVs, specialty connectors, and downhole tools.
- Completions: Offers products and services related to well completions, including artificial lift systems, frac valves, and flowback equipment.
- Production: Offers products and services for production operations, including processing equipment, valves, and measurement systems.
Leadership and Structure
The leadership team includes Neal Lux, President and CEO. The company has a board of directors and operates through the business segments listed above.
Top Products and Market Share
Key Offerings
- Robotics: Remotely Operated Vehicles (ROVs) for subsea inspection, repair, and maintenance. Market share data is not readily available. Competitors include Oceaneering International, TechnipFMC, and Saipem.
- Subsea Technologies: Specialty connectors and cable solutions for subsea applications. Market share data is not readily available. Competitors include Teledyne Technologies, Amphenol, and SEACON.
- Completions Equipment: Frac valves and flowback equipment, market share data is not available. Competitors include Schlumberger, Halliburton, and Baker Hughes.
Market Dynamics
Industry Overview
The energy industry is subject to cyclical fluctuations in commodity prices and geopolitical events. Demand for oil and gas drives activity across the value chain.
Positioning
Forum Energy Technologies Inc. is positioned as a provider of engineered products and solutions, serving a diverse customer base across the upstream, midstream, and downstream sectors.
Total Addressable Market (TAM)
The TAM for oilfield equipment and services is substantial, estimated to be hundreds of billions of dollars. Forum Energy Technologies Inc.'s position in niche markets allows it to capture a share of this TAM. No specific estimate for Forum Energy Technologies Inc.'s directly addressable market available
Upturn SWOT Analysis
Strengths
- Diversified product portfolio
- Global presence
- Strong engineering capabilities
- Established customer relationships
Weaknesses
- Exposure to cyclical energy market
- High debt levels
- Relatively small market capitalization
- Profitability fluctuations
Opportunities
- Increased offshore exploration and production
- Growth in subsea infrastructure
- Adoption of digital technologies
- Expansion into new geographic markets
Threats
- Decline in oil and gas prices
- Increased competition
- Technological disruptions
- Geopolitical instability
Competitors and Market Share
Key Competitors
- SLB
- HAL
- BKR
- NOV
Competitive Landscape
Forum Energy Technologies Inc. faces intense competition from larger, more diversified companies. Its competitive advantage lies in its specialized products and engineering expertise.
Major Acquisitions
Variperm Energy ASA
- Year: 2023
- Acquisition Price (USD millions): 13
- Strategic Rationale: Expanded Forum Energy Technologies Inc's portfolio of downhole completions technology.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been influenced by the energy cycle, with periods of expansion and contraction.
Future Projections: Analyst projections are subject to change and should be verified with financial data sources. This data requires live data and cannot be provided without accessing live databases.
Recent Initiatives: Focus on cost reductions, operational efficiencies, and strategic partnerships.
Summary
Forum Energy Technologies Inc. is a player in the cyclical energy industry, offering a diversified product portfolio. Its strengths include its global presence and engineering capabilities. However, high debt levels and exposure to market fluctuations pose challenges. Strategic initiatives and expansion into new markets could improve its position.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Analyst estimates
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance are subject to change.
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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