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FET - Forum Energy Technologies Is Already On The Move
July, 05 2021 01:47 AM
Forum Energy Technologies Inc.
The completion and drilling activity upsurge following the energy price recovery will lead to FET's top-line growth. The company's focus on shorter life cycle products is paying off due to the replacement and upgrade cycle of the component products. In the medium to long term, it will seek growth opportunities from offshore wind farm installation services and ROV products. It has ample liquidity, but negative free cash flow raises some concerns for the investors. For further details see:
Forum Energy Technologies Is Already On The Move
Stock Information
Company Name:
Forum Energy Technologies Inc.
Stock Symbol:
FET
Market:
NYSE
Website:
f-e-t.com
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