Does Forum Energy Technologies (FET) have what it takes to be a top stock pick for momentum investors? Let's find out.
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.
Here is how Forum Energy Technologies (FET) and Nov Inc. (NOV) have performed compared to their sector so far this year.
Forum Energy (FET) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
FET's Q2 showed again that it can gain market share while improving margins, even despite the global rig count declines. They have recurring consumables, subsea exposure, and specialized equipment that diversify it beyond just a rig-cycle rebound. Saudi Arabia and UAE facilities create customer proximity, but they also add direct regional disruption risk.
Forum Energy Technologies NYSE: FET reported second-quarter results that exceeded its guidance, citing market-share gains, higher-margin product mix, cost actions and execution across its operating segments. The company also raised its full-year 2026 outlook for revenue, EBITDA, net income and free cash flow.
Forum Energy Technologies, Inc. (FET) Q2 2026 Earnings Call Transcript
Forum Energy Technologies (FET) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to a loss of $0.1 per share a year ago.
Here is how Forum Energy Technologies (FET) and Par Petroleum (PARR) have performed compared to their sector so far this year.
Forum Energy Technologies (FET) has surged 255% in 12 months but remains attractively valued relative to its 5-year growth plan. FET aims to double market share and revenue by 2030, with free cash flow per share targeted at $19.10, implying substantial upside. Recent results showed 8% revenue growth, 14% adjusted EBITDA growth, and a 44% increase in backlog, supporting raised 2026 guidance.
Forum Energy Technologies, Inc. (FET) Q1 2026 Earnings Call Transcript
Forum Energy Technologies (FET) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.04 per share a year ago.