Market information

Forum Energy Technologies Inc

Ticker: FET
Exchange: NYSE
Country: USA

Price History

Business

Company profile

AER Insights

Precision-engineered oilfield equipment and pressure-control assemblies inside an industrial manufacturing facility.

Energy

Forum Energy Technologies Raises Guidance as Stronger Margins and Cash Flow Reduce Debt

Forum Energy Technologies' third-quarter results show improving profitability across its oilfield equipment businesses, with orders remaining above sales and net leverage falling below one times adjusted EBITDA. Its raised annual outlook depends on sustaining recent margins and converting working capital into cash through year-end.

Alliance Equity ResearchOctober 31, 20269 min read

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