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Upturn AI SWOT - About
FET 
Forum Energy Technologies Inc (FET)
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Upturn Advisory Summary
03/05/2025: FET (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -40.38% | Avg. Invested days 22 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/05/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 254.44M USD | Price to earnings Ratio - | 1Y Target Price 30 |
Price to earnings Ratio - | 1Y Target Price 30 | ||
Volume (30-day avg) 67767 | Beta 2.33 | 52 Weeks Range 12.83 - 21.57 | Updated Date 04/2/2025 |
52 Weeks Range 12.83 - 21.57 | Updated Date 04/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -11 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -16.58% | Operating Margin (TTM) 3.89% |
Management Effectiveness
Return on Assets (TTM) 2.73% | Return on Equity (TTM) -36.95% |
Valuation
Trailing PE - | Forward PE 10.36 | Enterprise Value 472872444 | Price to Sales(TTM) 0.31 |
Enterprise Value 472872444 | Price to Sales(TTM) 0.31 | ||
Enterprise Value to Revenue 0.58 | Enterprise Value to EBITDA 8.2 | Shares Outstanding 12349100 | Shares Floating 10718180 |
Shares Outstanding 12349100 | Shares Floating 10718180 | ||
Percent Insiders 10.81 | Percent Institutions 66.15 |
Analyst Ratings
Rating - | Target Price 30 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Forum Energy Technologies Inc
Company Overview
History and Background
Forum Energy Technologies was formed in 2010 through the combination of Forum Oilfield Technologies, Global Energy Services and Triton Group. It provides manufactured technologies and applied products to the energy industry.
Core Business Areas
- Drilling & Subsea Technologies: Provides products and services related to drilling, subsea construction, and intervention activities. This includes remotely operated vehicles (ROVs), specialty connectors, and downhole tools.
- Completions: Provides products and services related to well completions and intervention. This segment includes frac trees, wellheads, and flowback equipment.
- Production: Manufactures and provides standard products for energy and industrial applications. These products include valves, heaters, and other industrial equipment.
Leadership and Structure
The leadership team consists of Neal Lux (President & CEO), Pablo Gagliano (EVP & CFO), and other senior vice presidents heading various business segments. The company operates with a functional organizational structure.
Top Products and Market Share
Key Offerings
- Remotely Operated Vehicles (ROVs): ROVs for subsea inspection, maintenance, and repair. Market share data unavailable; key competitors include Oceaneering International and TechnipFMC.
- Wellhead Equipment: Wellhead systems for oil and gas wells. Market share data unavailable; key competitors include Schlumberger and Baker Hughes.
- Valves: Various types of valves for oil and gas applications. Market share data unavailable; key competitors include Emerson Electric and Flowserve.
Market Dynamics
Industry Overview
The energy industry is characterized by fluctuating commodity prices and cyclical demand. Recent trends include increased focus on automation, digitalization, and sustainability.
Positioning
Forum Energy Technologies is positioned as a provider of manufactured technologies and applied products within the energy sector. Competitive advantages include its diverse product portfolio and global presence.
Total Addressable Market (TAM)
The total addressable market is estimated at several billion dollars annually. Forum Energy Technologies targets specific segments of the market and aims to improve market share.
Upturn SWOT Analysis
Strengths
- Diverse product portfolio
- Global presence
- Strong customer relationships
- Experienced management team
Weaknesses
- High debt levels
- Exposure to cyclical industry downturns
- Dependence on capital spending by energy companies
- Historical losses
Opportunities
- Increased demand for subsea technologies
- Expansion into renewable energy markets
- Growth in international markets
- Adoption of new technologies (e.g., automation)
Threats
- Fluctuations in oil and gas prices
- Competition from larger service providers
- Regulatory changes
- Economic downturns
Competitors and Market Share
Key Competitors
- SLB
- BKR
- HAL
Competitive Landscape
Forum faces significant competition from larger, more established companies in the energy service sector. To compete effectively, Forum must offer innovative products and services and maintain strong customer relationships.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been cyclical, influenced by energy market conditions. Recent performance has been impacted by industry downturns.
Future Projections: Future growth is dependent on the recovery of the energy market and successful execution of strategic initiatives.
Recent Initiatives: Recent initiatives include cost reduction measures, strategic acquisitions (if any), and investments in new technologies.
Summary
Forum Energy Technologies operates in a cyclical industry and faces significant competition. The company has a diverse product portfolio but carries a high level of debt and recent historical losses. Success depends on navigating industry fluctuations, controlling costs, and capitalizing on opportunities in subsea technologies.
Similar Companies
BKR
Baker Hughes Co
BKR
Baker Hughes Co
HAL
Halliburton Company
HAL
Halliburton Company
NOV
NOV Inc.
NOV
NOV Inc.
SLB
Schlumberger NV
SLB
Schlumberger NV
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Market data changes rapidly, and it is best to consult with a financial expert when making investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Forum Energy Technologies Inc
Exchange NYSE | Headquaters Houston, TX, United States | ||
IPO Launch date 2012-04-12 | President, CEO & Director Mr. Neal A. Lux | ||
Sector Energy | Industry Oil & Gas Equipment & Services | Full time employees 1800 | Website https://f-e-t.com |
Full time employees 1800 | Website https://f-e-t.com | ||
Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures, and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation, and intervention markets, including applications in oil and natural gas, renewable energy, defense, and communications industries. This segment also offers drilling capital equipment and consumable products; subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tooling, and technical services; hydraulic fracturing pumps, cooling systems, and high-pressure flexible hoses and flow iron; wireline cable and pressure control equipment; and coiled tubing strings and pressure control equipment, as well as coiled line pipe and related services. The Artificial Lift and Downhole Segment designs, manufactures, and supplies products and solutions for the artificial lift, well construction, production, and infrastructure markets. This segment also offers products designed to safeguard artificial lift equipment and downhole cables; well construction casing and cementing equipment; customized downhole technology solutions, which provides sand and flow control products for heavy oil applications; engineered process systems, production equipment, and separation equipment; and a range of industrial valves. It sells its products through distributors to drilling rig contractors, offshore service companies, governmental organizations, and oil and gas operators and producers. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.
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