Forum Energy Technologies is a global provider of manufactured technologies and applied products to the energy industry. The Company provides products and technologies essential to drilling, subsea, completions, production and infrastructure sectors of the oil and 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.

Type
Public
HQ
Houston, US
Founded
2010
Size (employees)
2,050 (est)
Website
f-e-t.com
Forum Energy Technologies was founded in 2010 and is headquartered in Houston, US
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Forum Energy Technologies Office Locations

Forum Energy Technologies has offices in Santo Domingo, Guatemala City, Santa Cruz de la Sierra, Punta Arenas and in 27 other locations
Houston, US (HQ)
1000 920 Memorial City Way
Clearfield, US
1102 Industrial Park Rd
Guthrie, US
3110 W Noble Ave
Houston, US
300 10344 Sam Houston Park Dr
McDonald, US
803 Robinson Hwy
Pocola, US
1307 OK-112
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Forum Energy Technologies Financials and Metrics

Forum Energy Technologies Revenue

Forum Energy Technologies's revenue was reported to be $587.64 m in FY, 2016 which is a 45.3% decrease from the previous period.
USD

Revenue (Q1, 2018)

250.2 m

Gross profit (Q1, 2018)

67.3 m

Gross profit margin (Q1, 2018), %

26.9%

Net income (Q1, 2018)

28.1 m

EBIT (Q1, 2018)

(6.7 m)

Market capitalization (18-Jul-2018)

1.4 b

Closing share price (18-Jul-2018)

12.5

Cash (31-Mar-2018)

42.3 m

EV

1.8 b
Forum Energy Technologies's current market capitalization is $1.4 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.5 b1.7 b1.1 b587.6 m

Revenue growth, %

14%(38%)(45%)

Cost of goods sold

193.2 b116.6 b

Gross profit

(192.2 b)(116 b)
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

428.3 m468.8 m348.1 m284.4 m245 m159.4 m142.7 m138.3 m171.1 m201.1 m198.7 m250.2 m

Cost of goods sold

290.3 m316.8 m239 m199.5 m179.2 m124.9 m137.4 m109 m132.1 m151.9 m151.2 m182.9 m

Gross profit

138 m152 m109.1 m84.9 m65.8 m34.6 m5.3 m29.3 m39 m49.3 m47.6 m67.3 m

Gross profit Margin, %

32%32%31%30%27%22%4%21%23%24%24%27%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

39.6 m76.6 m109.2 m234.4 m

Accounts Receivable

31.2 m

Inventories

29.7 m33 m33.8 m338.6 m

Current Assets

809.5 m895.2 m717.8 m749.7 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

28.2 m67 m32.6 m74.1 m83.9 m57.8 m76.2 m132 m137.2 m132.5 m204.9 m220.5 m156.4 m42.3 m

Inventories

454.7 m439.8 m458 m454.5 m521.2 m522.8 m504.8 m416.1 m375 m355.2 m352 m364.8 m394.1 m468.9 m

Current Assets

814.2 m857.5 m850 m937.8 m930.7 m861.6 m816.8 m698.3 m640.5 m660.7 m749.5 m767.1 m743.8 m754 m

PP&E

174.8 m180.1 m188.1 m189 m202.6 m202.4 m196.8 m180.2 m173.6 m159.5 m151.1 m149.4 m149 m184.5 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

129.6 m174.4 m(119.4 m)(81.9 m)

Depreciation and Amortization

36.2 m37.4 m38.4 m35.6 m

Inventories

33.1 m(26 m)344 k57.3 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Net Income

39.5 m52.2 m28.7 m8.9 m6.7 m(22.9 m)(28.5 m)(18 m)(15.8 m)28.1 m

Depreciation and Amortization

8.2 m

Inventories

522.8 m504.8 m416.1 m352 m(27.4 m)

Cash From Operating Activities

(19.3 m)
USDY, 2018

EV/EBIT

-264 x

EV/CFO

-91.6 x

EV/FCF

-72.6 x

Financial Leverage

1.5 x
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Forum Energy Technologies Online and Social Media Presence

Embed Graph
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Forum Energy Technologies News and Updates

Pelican Energy Partners sells Multilift to Forum Energy Technologies

Forum Energy Technologies Inc has acquired Houston, Texas-based Multilift, a maker of completion tools. The seller was Pelican Energy Partners. No financial terms were disclosed.
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Forum Energy Technologies Company Life and Culture

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