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Forum Energy Technologies (FET) is a global oilfield products company, serving the subsea, drilling, completion, production and infrastructure sectors of the oil and natural gas industry. The Company’s products include highly engineered capital equipment as well as products that are consumed in the drilling, well construction, production and transportation of oil and natural gas. Forum is headquartered in Houston, TX with manufacturing and distribution facilities strategically located around the globe.
HOUSTON --(BUSINESS WIRE)-- Forum Energy Technologies, Inc. (NYSE: FET) (the “Company” or “Forum”) today provided the following update on the status of the business: Cris Gaut , Chairman and Chief Executive Officer of the Company said, “We are closely monitoring the impact of COVID-19 to ensure the...
HOUSTON --(BUSINESS WIRE)-- Forum Energy Technologies, Inc. (NYSE: FET) (the “Company”) today announced that on March 10, 2020 , the Company was notified by the New York Stock Exchange of its noncompliance with continued listing standards because the average closing price of shares of its common...
Fourth Quarter Highlights Revenue of $200 million Net loss of $12 million and diluted EPS of $(0.11) Adjusted EBITDA of $11 million Cash flow from operations of $28 million and free cash flow after capital expenditures of $26 million Net debt reduced by $29 million HOUSTON --(BUSINESS WIRE)--Feb....
FET (Common Stock)-4.12%
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