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.
Forum Energy Technologies, Inc. (NYSE:FET ) Q2 2025 Earnings Conference Call August 8, 2025 11:00 AM ET Company Participants David Lyle Williams - Executive VP & CFO Neal A. Lux - President, CEO & Director Rob Kukla - Director of Investor Relations Conference Call Participants Daniel Ray Pickering - Unidentified Company Pickering Energy Partners LP - Unidentified Company Jeffrey Woolf Robertson - Water Tower Research LLC Joshua W.
Forum Energy Technologies (FET) came out with a quarterly loss of $0.1 per share versus the Zacks Consensus Estimate of $0.15. This compares to a loss of $0.07 per share a year ago.
Forum Energy Technologies (FET 0.10%), a somewhat under-the-radar product supplier to the oil and gas and defense industries, saw a dramatic increase in its share price in June. This was due mainly to a large contract it secured to provide components for a military client across the Pacific Ocean.
Forum Energy Technologies, Inc. (NYSE:FET ) Q1 2025 Earnings Conference Call May 2, 2025 11:00 AM ET Company Participants Rob Kukla - Director of IR Neal Lux - President and CEO Lyle Williams - CFO Conference Call Participants Joshua Jayne - Daniel Energy Partners Dan Pickering - Pickering Energy Partners Jeff Robertson - Water Tower Research Steve Ferazani - Sidoti Dave Storms - Stonegate Operator Good morning, ladies and gentlemen, and welcome to the First Quarter 2025 Forum Energy Technologies Inc. Earnings Conference Call. My name is Gigi, and I'll be your coordinator for today's call.
Rising expenses, inflationary pressures and commodity price volatility are likely to weigh on FET's Q1 results.
Forum Energy Technologies is a global manufacturer of a variety of products used in the oil, gas, industrial, and renewable energy sectors. Strong year-over-year performance can be mainly attributed to the Variperm acquisition that took place in January 2024. 2025 guidance indicates a mediocre year with declining EBITDA and FCF, but debt repayment could improve future EPS.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Forum Energy (FET) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
KINS, FET and NECB made it to the Zacks Rank #1 (Strong Buy) value stocks list on March 31, 2025.
Here is how Forum Energy Technologies (FET) and Nextracker (NXT) have performed compared to their sector so far this year.