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Forum Energy Technologies Inc Company Snapshot
Forum Energy Technologies Inc operates within the Oil and gas field machinery sector. In addition to historical fundamental analyses, the complete report available to purchase compares Forum Energy Technologies Inc with three other companies in this sector in UNITED STATES : Dril-Quip Inc (2020 sales of $364.97 million of which 71% was Product), Exterran Corp ($613.06 million of which 55% was Contract Operations), and Oil States International, Inc. ($638.08 million of which 53% was Offshore Products).

Sales Analysis. During the second quarter of 2021, sales at Forum Energy Technologies Inc totalled $137.42 million. This is an increase of 21.3% from the $113.28 million in sales at the company during the second quarter of 2020. During the first two quarters of 2021, sales totalled $251.94 million, which is 14.9% lower than through the first two quarters of 2020. During the year ended December of 2020, sales at Forum Energy Technologies Inc were $512.48 million. This is a sharp decrease of 46.4% versus 2019, when the company's sales were $956.53 million. Contributing to the drop in overall sales was the 61.1% decline in Completions, from $305.09 million to $118.69 million. There were also decreases in sales in Drilling and Downhole (down 35.2% to $216.84 million) and Production and Infrastructure (down 44.7% to $177.51 million) .
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Forum Energy Technologies Inc
  Stock Performance Chart for Forum Energy Technologies Inc
  Stock Data: Recent Stock Performance:
  Current Price (10/15/2021): 23.41
(Figures in U.S. Dollars)
1 Week 5.5%   13 Weeks 23.2%  
4 Weeks 7.9%   52 Weeks 98.1%  
Forum Energy Technologies Inc Key Data:
  Ticker: FET Country: United States
  Exchanges: NYSE Major Industry: Energy
    Sub Industry: Oil & Gas Field Machinery
  2020 Sales 512,476,000
(Year Ending Jan 2021).
Employees: 1,400
  Currency: U.S. Dollars Market Cap: 131,739,635
  Fiscal Yr Ends: December Shares Outstanding: 5,627,494
  Share Type: Common Closely Held Shares: 1,233,481
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