Forum Energy Technologies, Inc.
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- Forum Energy Technologies, Inc. (Ticker: FET) is a global oilfield products company specializing in the manufacture and supply of energy equipment and services primarily for the oil and gas industry. Its core products and services include engineered flowback equipment; drilling products such as drill bits and downhole tools; production and completion tools; subsea products and systems; and intervention and riser systems. The company serves a diverse customer base, including oil and gas operators, drilling contractors, and subsea engineering firms, with operations spanning North America, Latin America, Europe, the Middle East, Africa, and Asia Pacific. Founded in 2010, Forum Energy Technologies is headquartered in Houston, Texas. In the last 1-2 years, Forum Energy Technologies has focused on strategic expansions and product innovations including new product launches in engineered flowback and drilling technologies. It has also pursued partnerships to enhance its subsea product offerings and invested in operational efficiencies to support its global footprint. Additionally, the company has made moves to align its business units more closely with evolving market demands and to strengthen its competitive position in the energy sector. Forum Energy Technologies operates through various business segments addressing the upstream oil and gas markets with a comprehensive portfolio of products tailored for drilling, well intervention, and production applications. The company’s geographic reach includes key energy markets worldwide, leveraging its extensive manufacturing and service facilities to support exploration and production activities. Forum Energy Technologies is publicly traded and leverages a combination of product development, strategic alliances, and operational enhancements to sustain growth and respond to industry trends.
Company News
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