Forum Energy Technologies, Inc. (FET) Stock

Forum Energy Technologies, Inc. is a global leader in designing, manufacturing, and distributing specialized products across several industries, including oil, natural gas, industrial, and renewable energy sectors. The company operates through three distinct segments: Drilling & Downhole, Completions, and Production, each catering to specific needs within the energy and industrial markets.

The Drilling & Downhole segment focuses on providing essential equipment and services to the drilling, well construction, artificial lift, and subsea energy construction sectors. This includes drilling technologies, well construction tools, protection products, and subsea vehicles tailored for oil and natural gas exploration, renewable energy projects, defense applications, and telecommunications infrastructure.

Forum Energy Technologies' Completions segment specializes in hydraulic fracturing equipment, cooling systems, high-pressure hoses, and flow iron products essential for pressure pumping operations and well completion services. Additionally, it offers wireline cables, pressure control equipment, and coiled tubing solutions, supporting interventions and ongoing maintenance in oil and gas fields.

Headquartered in Houston, Texas, Forum Energy Technologies, Inc. was founded in 2005. Originally known as Forum Oilfield Technologies, the company rebranded in 2010 to reflect its expanded product offerings and global presence. With a commitment to innovation and customer satisfaction, Forum Energy Technologies continues to play a pivotal role in advancing industrial solutions worldwide, serving diverse sectors including power generation, renewable energy, and general industrial applications beyond traditional oil and gas markets.