financetom
FET
financetom
/
Energy
/
FET
All stocks News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Commodities
Forum Energy Technologies, Inc.FET
USD
- At close
USD
- Until the end
The complete list of US stocks
1D
5D
1M
1Y
5Y
MAX
Overview >
% Change
Description >

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.

The company was incorporated in 2005 and is headquartered in Houston, Texas.

Latest News >
Market Chatter: HSBC Won't Mandate US Workers to Be in Office 5 Days a Week, Executive Says
Market Chatter: HSBC Won't Mandate US Workers to Be in Office 5 Days a Week, Executive Says
May 23, 2024
11:13 AM EDT, 05/23/2024 (MT Newswires) -- HSBC Holdings' ( HSBC ) US workers won't be compelled to be in the office five days a week unless required by new Financial Industry Regulatory Authority regulations, Bloomberg reported Thursday, citing an interview with HSBC US and Americas Chief Executive Officer Michael Roberts. We will adjust to the Finra rules, we will...
Smart Share Global Regains Compliance With Nasdaq Listing Rule
Smart Share Global Regains Compliance With Nasdaq Listing Rule
May 23, 2024
11:12 AM EDT, 05/23/2024 (MT Newswires) -- Smart Share Global ( EM ) said Thursday it has regained compliance with Nasdaq's minimum bid price requirement for continued listing. The consumer tech firm said it received the compliance notice from Nasdaq on Wednesday, saying that the matter is now closed. Price: 1.09, Change: -0.02, Percent Change: -1.80 ...
Westlake Pipe & Fittings Expanding into Polyvinyl Chloride Pipe at Texas Manufacturing Facility
Westlake Pipe & Fittings Expanding into Polyvinyl Chloride Pipe at Texas Manufacturing Facility
May 23, 2024
11:07 AM EDT, 05/23/2024 (MT Newswires) -- Westlake Pipe & Fittings (WLK) early Thursday disclosed plans to add a polyvinyl chloride pipe plant at its manufacturing facility in Wichita Falls, Texas. The expansion plan includes building a new, 190,000 square-foot facility to the company's existing location, with construction slated to begin by the end of 2024. Price: 156.67, Change: -0.57,...
Microsoft Signs Two Power Purchase Agreements With RWE
Microsoft Signs Two Power Purchase Agreements With RWE
May 23, 2024
11:12 AM EDT, 05/23/2024 (MT Newswires) -- Microsoft ( MSFT ) has signed two 15-year power purchase agreements with RWE to buy clean electricity from two onshore wind farms in Texas, RWE said Thursday. Financial details of the agreements weren't disclosed. The construction of the 203-megawatt Lane City wind farm will begin this summer and the 243-megawatt Peyton Creek II...
Copyright 2023-2026 - www.financetom.com All Rights Reserved