FET surges 192.5% in a year, but geopolitical tensions, weak drilling activity and declining rig counts cloud its near-term outlook.
Investors interested in stocks from the Oil and Gas - Mechanical and and Equipment sector have probably already heard of National Energy Services Reunited (NESR) and Forum Energy Technologies (FET). But which of these two stocks is more attractive to value investors?
Forum Energy Technologies: The Easy Money Is Gone - The Upside Isn't
Forum Energy Technologies, Inc. (FET) Q4 2025 Earnings Call Transcript
Forum Energy Technologies (FET) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to a loss of $0.48 per share a year ago.
Forum Energy (FET) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Forum Energy (FET) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Here is how Forum Energy Technologies (FET) and FTC Solar (FTCI) have performed compared to their sector so far this year.
KNOP, OESX, LAND, FET and SLNO have been added to the Zacks Rank #1 (Strong Buy) List on Jan.13, 2026.
Forum Energy Technologies (FET) has surged 106% YTD, yet remains deeply undervalued relative to its robust growth outlook. FET expects to double revenues to $1.6B and triple free cash flow to $200–230M by 2030, supporting significant upside. Despite a poor historical record, FET's strong backlog, cost controls, and 5-year plan position it for sustained earnings and cash flow growth.
Forum Energy Technologies, Inc. ( FET ) Q3 2025 Earnings Call October 31, 2025 11:00 AM EDT Company Participants Rob Kukla - Director of Investor Relations Neal Lux - President, CEO & Director David Williams - Executive VP & CFO Conference Call Participants Daniel Pickering - Pickering Energy Partners LP Joshua Jayne - Daniel Energy Partners, LLC Jeffrey Robertson - Water Tower Research LLC Steve Ferazani - Sidoti & Company, LLC Presentation Operator Good morning, ladies and gentlemen, and welcome to the Forum Energy Technologies Third Quarter 2025 Earnings Conference Call. My name is Daniel, and I will be your coordinator for today's call.
FET has a promising strategy that focuses on niche segments. This way, they've gained momentum in 2026 despite rig declines. Q2's revenue came in at the top of their guidance, with an impressive subsea backlog that should give them long-term revenue stability. Their coiled tubing segment also gained in the US and the Middle East, while international sales expanded.