US stock · Energy sector · Oil & Gas Equipment & Services
F
Forum Energy Technologies, Inc.
FET24.25
USD
+0.26
(+1.08%)
Market Closed
48.12P/E
-14Forward P/E
2.28P/E to S&P500
246.125MMarket CAP
- -Div Yield
Upcoming Earnings
2 Aug-7 Aug
Shares Short
5/15/23
62.23k
Short % of Float
0.74%
Short % of Shares Outs.
0.61%
% Held by Insiders
5.91%
% Held by Institutions
49.07%
Beta
2.84
PEG Ratio
- -
52w. high/low
33.84/16.78
Avg. Daily Volume
0.08M
Return %
Stock
S&P 500
1 year
15.47
(9.05)
3 years
317.06
50.26
5 years
(88.58)
38.50
Scale: |
High
Low
- -
- -
- -
- -
- -
- -
- -
- -
516.40
372.00
650.40
480.40
740.60
337.00
487.20
166.80
491.00
169.40
525.00
201.00
359.00
70.20
140.00
17.50
40.20
3.00
28.50
12.09
32.00
16.41
33.84
27.11
Currency: USD
- -
- -
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
Revenue per share
- -
- -
199.35
219.93
338.40
353.29
336.23
375.75
238.85
128.87
165.88
195.68
173.76
91.51
96.61
121.79
Earnings per share
- -
- -
5.69
7.04
28.00
37.82
28.56
37.66
(26.55)
(17.98)
(12.04)
(68.78)
(103.01)
(17.30)
(14.64)
0.64
FCF per share
- -
- -
27.21
13.57
(0.61)
21.99
33.33
46.69
27.50
10.51
(13.52)
(3.98)
16.17
0.29
(3.04)
(4.28)
Dividends per share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
CAPEX per share
- -
- -
4.50
5.85
12.39
12.45
13.29
11.62
7.18
3.69
5.41
4.42
2.74
0.40
0.36
1.31
Book Value per sh.
- -
- -
118.28
136.12
196.33
290.01
293.35
301.37
279.65
270.88
285.51
189.41
88.29
72.54
58.75
53.44
Comm.Shares outs.
- -
- -
3
3
3
4
5
5
4
5
5
5
6
6
6
6
Avg. annual P/E ratio
- -
- -
- -
- -
- -
11.9
19.5
15.6
(12.8)
(18.3)
(27.8)
(3.4)
(0.7)
(0.7)
(1.4)
35.7
P/E to S&P500
- -
- -
- -
- -
- -
0.8
1.1
0.9
(0.6)
(0.8)
(1.2)
(0.1)
(0.0)
(0.0)
(0.0)
1.7
Avg. annual div. yield
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue (m)
- -
- -
677
747
1,128
1,415
1,525
1,740
1,074
588
819
1,064
957
512
541
700
Operating margin
- -
- -
7.4%
9.8%
14.2%
17.0%
13.7%
15.4%
(10.6)%
(21.9)%
(17.3)%
(37.3)%
(56.1)%
(45.2)%
(8.2)%
1.3%
Depreciation (m)
- -
- -
38
33
41
52
61
65
66
62
65
75
63
51
42
37
Net profit (m)
- -
- -
19
24
93
151
130
174
(119)
(82)
(59)
(374)
(567)
(97)
(82)
4
Income tax rate
- -
- -
34.6%
45.8%
33.5%
32.0%
30.4%
28.1%
11.1%
40.6%
(7.5)%
4.0%
0.3%
11.7%
(0.8)%
64.1%
Net profit margin
- -
- -
2.9%
3.2%
8.3%
10.7%
8.5%
10.0%
(11.1)%
(14.0)%
(7.3)%
(35.2)%
(59.3)%
(18.9)%
(15.2)%
0.5%
Working capital (m)
- -
- -
191
215
364
494
589
613
566
608
574
529
469
365
271
302
Long-term debt (m)
- -
- -
237
205
660
400
512
428
396
397
507
518
399
293
232
239
Equity (m)
- -
- -
402
463
654
1,161
1,330
1,395
1,257
1,235
1,409
1,030
486
406
329
307
ROIC
- -
- -
4.7%
4.9%
7.9%
10.1%
7.3%
10.1%
(5.3)%
(3.9)%
(1.5)%
(21.5)%
(55.6)%
(9.2)%
(8.1)%
2.4%
Return on capital
- -
- -
5.9%
7.6%
10.0%
12.6%
9.4%
12.3%
(5.5)%
(6.0)%
(1.3)%
(19.5)%
(46.3)%
(8.9)%
(6.2)%
5.0%
Return on equity
- -
- -
4.8%
5.2%
14.3%
13.0%
9.7%
12.5%
(9.5)%
(6.6)%
(4.2)%
(36.3)%
(116.7)%
(23.9)%
(24.9)%
1.2%
Plowback ratio
- -
- -
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Div.&Repurch./FCF
- -
- -
0.2%
(79.1)%
2,788.3%
(307.4)%
(0.8)%
39.6%
- -
- -
- -
- -
- -
- -
- -
(15.4)%
Capital Structure
28 Feb · 2023 | Q4
All numbers in millions
Total liabilities
$ 524
Total assets
$ 831
Long-term debt
$ 239
Cash and equiv.
$ 51
Goodwill
$ - -
Retained earnings
$ (681)
Common stock
6
Enterprise Value
$ 434
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
129
46
51
Receivables
91
123
154
Inventory
252
241
270
Other
19
(47)
(40)
Current assets
490
446
513
Acc. Payable
46
99
118
Debt due
1
1
1
Other
77
75
91
Current liabilities
125
175
211
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
29.37%
(5.40)%
(2.42)%
Cash flow
44.71%
(425.87)%
(230.15)%
Earnings
(104.51)%
(37.80)%
20.65%
Dividends
- -
- -
- -
Book value
(6.66)%
(23.73)%
(12.72)%
Insider Trading
Type
Shares
Date
Ivascu John C
InKind
1,416
02/21/23
Gaut C Christopher
InKind
8,433
02/21/23
Williams David Lyle Jr.
InKind
1,107
02/21/23
Danford Michael Dewayne
InKind
1,110
02/21/23
Lux Neal
InKind
884
02/21/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
183
113
104
113
512
2021
115
137
141
148
541
2022
155
172
182
191
700
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
(6.63)
(0.98)
(3.85)
(5.84)
(17.30)
2021
(5.30)
(3.89)
(2.07)
(3.39)
(14.65)
2022
(1.60)
1.61
2.87
(2.23)
0.66
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
- -
- -
- -
- -
- -
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
Company Description
Sector:
Energy
Industry:
Oil & Gas Equipment & Services
CEO:
Mr. Neal Lux
Full-time employees:
1,400
City:
Houston
Address:
10344 Sam Houston Park Drive
Forum Energy Technologies, Inc. designs, manufactures, and distributes products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and supplies products, and provides related services to the drilling, well construction, artificial lift, and subsea energy construction markets, including applications in oil and natural gas, renewable energy, defense, and communications. This segment offers drilling technologies consisting of capital equipment and a line of products consumed in the drilling process; well construction casing and cementing equipment, and protection products for artificial lift equipment and cables; and subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tools, and complementary subsea technical services. The Completions segment offers hydraulic fracturing pumps, cooling systems, high-pressure flexible hoses, and flow iron for pressure pumping, hydraulic fracturing and flowback services markets; wireline cable and pressure control equipment for well completion and intervention service markets; and coiled tubing strings and coiled line pipe. The Production segment designs, manufactures, and supplies products, and provides related equipment and services for production and infrastructure markets. This segment offers engineered process systems, production equipment, specialty separation equipment, and various industrial valves for oil and natural gas customers, power generation, renewable energy, and other general industrial applications. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.