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Forum Energy Technologies Inc
Previous close
$15.99
Day range
$15.75 - $16.35
Year range
$14.63 - $25.23
Market cap
195.80M USD
Avg Volume
66.74K
P/E ratio
-
Dividend yield
-
Primary exchange
NYSE
Market news
Financials
Income Statement
Revenue
Net income
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 205.21M | 10.66% |
Operating expense | 53.69M | 21.04% |
Net income | -6.70M | -1.78% |
Net profit margin | -3.26 | 8.17% |
Earnings per share | -0.07 | — |
EBITDA | 23.41M | 51.71% |
Effective tax rate | -59.66% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 31.83M | 28.56% |
Total assets | 976.76M | 15.77% |
Total liabilities | 534.77M | 26.00% |
Total equity | 441.99M | — |
Shares outstanding | 12.28M | — |
Price to book | 0.44 | — |
Return on assets | 2.35% | — |
Return on capital | 3.03% | — |
Cash Flow
Net change in cash
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Net income | -6.70M | -1.78% |
Cash from operations | 23.05M | 462.25% |
Cash from investing | -1.66M | -87.44% |
Cash from financing | -36.93M | -142.44% |
Net change in cash | -16.66M | 24.29% |
Free cash flow | 21.40M | 366.70% |
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