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Forum Energy Technologies Inc
Previous close
$19.45
Day range
$19.12 - $19.50
Year range
$17.65 - $28.73
Market cap
237.93M USD
Avg Volume
33.93K
P/E ratio
-
Dividend yield
-
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Revenue | 185.20M | -2.86% |
Operating expense | 45.02M | -6.11% |
Net income | -16.78M | -30.79% |
Net profit margin | -9.06 | -34.62% |
Earnings per share | — | — |
EBITDA | 13.43M | 24.05% |
Effective tax rate | -41.34% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 46.16M | -9.53% |
Total assets | 821.06M | -1.64% |
Total liabilities | 408.43M | -22.61% |
Total equity | 412.63M | — |
Shares outstanding | 12.28M | — |
Price to book | 0.48 | — |
Return on assets | 1.42% | — |
Return on capital | 1.92% | — |
Cash Flow
Net change in cash
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Net income | -16.78M | -30.79% |
Cash from operations | 11.26M | -25.32% |
Cash from investing | -2.42M | -108.13% |
Cash from financing | -676.00K | 95.25% |
Net change in cash | 9.01M | -71.16% |
Free cash flow | 4.91M | 23.21% |
About
Forum Energy Technologies is a global oilfield products company that provides products and services to the oil and gas, and renewable industries.
Forum Energy Technologies was founded in 2010 as a result of the merger of five oilfield products companies: Forum Oilfield Technologies, Triton Group, Subsea Services International, Global Flow Technologies, and Allied Technology.
Triton Group was a UK-based provider of subsea products and services, including remotely operated vehicles, intervention tools, and subsea engineering services. Triton Group was formed in 2007 as a result of the merger of Perry Slingsby Systems, Sub-Atlantic, UK Project Support Ltd, and Dynamic Positioning Services Ltd.
Global Flow Technologies was a US-based company that provided flow management products and services, including choke and control valves, flowline products, and flow measurement products.
Allied Technology was a US-based company that provided drilling equipment, including drilling motors, rotary steerable systems, and drilling optimization software. Wikipedia
Founded
2005
Headquarters
Website
Employees
1,600