When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
FET - Forum Energy Technologies: International Operations Can Provide The Relief
Forum Energy Technologies Inc.
FET Looks To Improve Margin
Forum Energy Technologies (FET) serves the drilling, subsea, completions, production, and infrastructure business in the energy sector. I expect the stock price to remain depressed in the short term. Its margin can improve due to an improved product mix and various cost reduction initiatives. I think it needs to improve cash flows and reduce the financial risks before investors can expect steady returns in the medium-to-long term.
Following the reduction in the upstream capex, the demand from capital equipment can continue to decelerate in the U.S. onshore. The