Forum Energy Technologies, Inc. (FET)

In the past six months, Forum Energy Technologies' stock (FET) has shown strong performance, outperforming the S&P 500 Index. In June 2025, FET secured a contract to supply a submarine rescue vehicle system for the Indonesian Navy, leading to a share price surge. In October 2025, the company announced its Third Quarter results, reporting adjusted net income and raising its full-year cash flow guidance. In November 2025, the President and CEO presented at the Southwest IDEAS Investor Conference. In December 2025, the company announced an agreement with Nauticus Robotics to expand subsea autonomy. In January 2026, Forum Energy Technologies announced the appointment of Leslie A. Beyer to its Board of Directors.

The demand for Forum Energy Technologies' products and services is influenced by global energy market dynamics. The company anticipates long-term opportunities due to ongoing global supply and demand imbalances for commodities. Growth in offshore and international market activity is expected to accelerate and sustain a multi-year investment cycle. FET has reported robust order growth, including a record backlog in 2024. Order timing creates swings quarter-to-quarter for its production equipment product line. The company's strategy to target high-margin niches and its focus on cost reductions aim to protect margins even in challenging market conditions.

Forum Energy Technologies, Inc. (FET) is a global manufacturing company providing products and solutions to the oil, natural gas, industrial, and renewable energy industries, operating primarily in the Energy sector, specifically in the Oil and Gas Equipment and Services industry. FET designs, manufactures, and distributes engineered capital equipment and consumable products, along with offering aftermarket parts supply and services, structured into two main reporting segments: Drilling and Completions, and Artificial Lift and Downhole. Major products include drilling equipment such as tubular handling equipment and mud pumps, downhole tools like cementing equipment and artificial lift solutions, subsea technologies including ROVs, valve solutions, well stimulation and intervention equipment such as frac pumps, and production equipment like ASME Code vessels.

Forum Energy Technologies maintains a global presence with manufacturing, distribution, and service facilities strategically located worldwide. The company's headquarters are in Houston, Texas, USA, and its operations span the Americas, Europe, the Middle East, and Asia Pacific, including locations in the UK, Norway, Singapore, Brazil, and a manufacturing facility in Saudi Arabia.

Forum Energy Technologies' recent performance and strategic moves suggest a positive shift in its standing. The company has been described as one of the top-performing stocks, surging significantly in the past year. Securing notable contracts enhances brand perception. Stockopedia classified FET as a "Super Stock" based on its quality, value, and momentum. The company's recent outlook and strategic plan for growth are seen as promising.

Forum Energy Technologies has a dispersed public float with substantial institutional stakes. As of late 2025, the company had 251 institutional owners holding over 9.5 million shares. Major institutional owners include BlackRock, Inc., Keyframe Capital Partners, L.P., and Vanguard Group Inc. Significant individual owners and insiders include L. E. Simmons and David C. Baldwin. Insiders collectively hold a substantial portion of the company's shares.