Vmbook Online ordering

Forum Energy Technologies Inc

Forum Energy Technologies, Inc. (FET) is a publicly traded company based in Houston, Texas that provides equipment and services to the energy industry. The company was founded in 2010 as a result of a merger between Global Energy Group and Forum Oilfield Technologies.

FET operates in several segments, including Drilling & Completion, Production, and Subsea & Valves. The Drilling & Completion segment offers products and services for onshore and offshore drilling, including drilling blowout equipment, drilling controls, and drilling valves. The Production segment provides artificial lift systems, wellhead systems, and water treatment equipment. The Subsea & Valves segment offers subsea production and processing equipment and valve systems.

FET's stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol "FET". As of February 2023, the company has a market capitalization of approximately $375 million.

FET's financial performance has been affected by the volatility of the energy industry in recent years, with revenue and net income fluctuating based on global demand for oil and gas. Despite these challenges, the company remains committed to its strategy of providing high-quality products and services to the energy industry, with a focus on innovation and customer satisfaction.