Forum Energy Technologies, Inc. Common Stock (FET)
Frequently Asked Questions About Forum Energy Technologies, Inc. Common Stock (FET)
How can investors find financial information about Forum Energy Technologies?
Investors can find financial information about Forum Energy Technologies by visiting the company's investor relations website, which provides access to financial statements, earnings reports, and analyst presentations. Additionally, financial news outlets and regulatory filings are valuable resources for up-to-date financial information.
How does Forum Energy Technologies approach sustainability?
Forum Energy Technologies is committed to sustainability through the development of technologies that aim to reduce environmental impact and improve energy efficiency. The company focuses on advancing products that support cleaner energy systems, thereby aligning with global sustainability goals.
How does Forum Energy Technologies handle customer relationships?
Forum Energy Technologies values strong customer relationships and focuses on understanding the unique needs of its clients. The company strives to provide exceptional customer service, technical support, and tailored solutions, ensuring satisfaction and fostering long-term partnerships.
How does Forum Energy Technologies maintain its competitive edge?
Forum Energy Technologies maintains its competitive edge through continuous research and development, investing in innovative technologies and strategic acquisitions. By staying at the forefront of technological advancements, the company can offer efficient solutions and adapt to changing market demands.
What are Forum Energy Technologies' key corporate values?
The core values of Forum Energy Technologies include safety, integrity, teamwork, and continuous improvement. These values guide the company's operations, ensuring a commitment to quality service delivery while fostering a culture of safety and ethical conduct within the workplace.
What does Forum Energy Technologies, Inc. do?
Forum Energy Technologies, Inc. (NYSE:FET) is a leading provider of products and services to the energy and industrial sectors. The company designs and manufactures a wide range of technologies for subsea, drilling, and production applications. Its offerings include wellhead systems, subsea products, and pipeline inspection technologies, aimed at enhancing operational efficiency and safety for its clients.
What impact has the oil and gas industry downturn had on Forum Energy Technologies?
The oil and gas industry downturn has posed challenges for Forum Energy Technologies, leading to fluctuations in demand for their products and services. However, the company is adapting strategies to navigate these challenges, focusing on maintaining operational efficiency and exploring new market opportunities.
What is the company’s approach to safety?
Safety is a top priority for Forum Energy Technologies, and the company promotes strict safety standards and protocols across all operations. They provide ongoing safety training to employees and actively work to minimize risk in all aspects of their operations and product offerings.
What is the outlook for Forum Energy Technologies?
The outlook for Forum Energy Technologies will depend on various factors, including the recovery of the energy sector, technological advancements, and market demands. The company is optimistic about future growth opportunities as global energy needs evolve and investment in alternative energy sources increases.
What is the significance of Forum Energy Technologies' stock listing?
Forum Energy Technologies is publicly traded on the New York Stock Exchange under the ticker symbol FET. Its stock listing provides the company access to capital from public investors, enabling it to fund growth initiatives, enhance product development, and expand operations within the energy sector.
What is the size of Forum Energy Technologies' workforce?
Forum Energy Technologies employs a diverse workforce that includes experts in engineering, manufacturing, sales, and support. As of the latest reports, the company has several hundred employees, who are dedicated to driving innovation and delivering high-quality products to the energy sector.
What markets does Forum Energy Technologies operate in?
Forum Energy Technologies operates primarily in the oil and gas industry, providing services and products for offshore and onshore drilling, production, and subsea applications. The company also serves industrial markets, including water, power generation, and alternative energy sectors.
What philanthropic activities does Forum Energy Technologies engage in?
Forum Energy Technologies is involved in various philanthropic activities aimed at giving back to the community. The company supports initiatives related to education, environmental conservation, and health and wellness, reflecting its commitment to corporate social responsibility.
What recent developments has Forum Energy Technologies announced?
Recent developments from Forum Energy Technologies may include new product launches, strategic partnerships, or expansions into emerging markets. It is beneficial for stakeholders to check the company's press releases or financial reports for the most current updates on their activities.
What role does technology play in Forum Energy Technologies' operations?
Technology plays a critical role in Forum Energy Technologies' operations by enhancing product efficiency, reliability, and safety. The company invests heavily in research and development to innovate new technologies that address industry challenges and support client demands.
What types of products does Forum Energy Technologies offer?
Forum Energy Technologies offers a diverse range of products, including subsea and surface equipment, drilling riser systems, wellheads, and pipeline inspection equipment. Their products are designed to enhance safety, efficiency, and reliability in energy production and exploration.
When was Forum Energy Technologies, Inc. founded?
Forum Energy Technologies, Inc. was founded in 2010. Since its inception, the company has grown rapidly through a combination of organic growth and strategic acquisitions, expanding its product lines and global presence to serve the energy sector effectively.
Where is Forum Energy Technologies, Inc. headquartered?
The company is headquartered in Houston, Texas, a central hub for the energy industry. This strategic location allows Forum Energy Technologies to be at the forefront of technological advancements and to serve its clients effectively across the region.
Who are the major competitors of Forum Energy Technologies?
Major competitors of Forum Energy Technologies include companies such as Schlumberger, Halliburton, Baker Hughes, and National Oilwell Varco. These companies also provide a wide array of services and products to the energy sector, competing on technology, price, and service quality.
What is the current price of Forum Energy Technologies, Inc. Common Stock?
The current price of Forum Energy Technologies, Inc. Common Stock is 18.04
When was Forum Energy Technologies, Inc. Common Stock last traded?
The last trade of Forum Energy Technologies, Inc. Common Stock was at 1:42 pm EDT on April 3rd, 2025
What is the market capitalization of Forum Energy Technologies, Inc. Common Stock?
The market capitalization of Forum Energy Technologies, Inc. Common Stock is 101.52M
How many shares of Forum Energy Technologies, Inc. Common Stock are outstanding?
Forum Energy Technologies, Inc. Common Stock has 5.63M shares outstanding.