FET News and Press, Forum Energy Technologies Inc. From 02/13/23

In early 2023, artificial-intelligence (AI) tokens continue to be one of the hottest segments of the crypto market. Some of the most popular crypto AI tokens -- such as Fetch.AI (CRYPTO: FET) and SingularityNET (CRYPTO: AGIX) -- are posting 20% gains in a single day. Singulari...

Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter and full year 2022 earnings conference call at 10:00 a.m. Central Standard Time on Tuesday, February 21, 2023. FET will issue a press release regarding its fourth quarter and full year 2022 earnings p...

Forum Energy Technologies ( NYSE: FET ) is set to convert $122.8M, or 47.8%, of the 9.00% convertible senior secured notes due August 2025 into ~4.5M shares on Jan. 3, 2023. The settlement date will be Jan. 5, 2023. The current conversion satisfies a mandatory conversion requ...

Approximately $123 million, or 48%, of 9.00% Convertible Senior Secured Notes due August 2025 to convert into approximately 4.5 million shares of FET common stock Over $11 million reduction in annualized interest payments Forum Energy Technologies, Inc. (NYSE: FET) today announced t...

Generates approximately $32 million in net proceeds Presents meaningful deleveraging opportunity Forum Energy Technologies, Inc. (NYSE: FET) announced today that it has closed a sale of four manufacturing and distribution centers located in Texas and Louisiana. The properties will r...

Forum Energy press release ( NYSE: FET ): Q3 GAAP EPS of $1.82. Revenue of $181.8M (+28.9% Y/Y). Orders of $198 million and book-to-bill ratio of 1.09 Adjusted EBITDA of $17.8 million, a 15% sequential increase Operating Cash Flow of $18.5 million and Free Cash...

Revenue of $182 million, a 6% sequential increase Orders of $198 million and book-to-bill ratio of 1.09 Net income of $16.5 million and diluted EPS of $1.82 Adjusted EBITDA of $17.8 million, a 15% sequential increase Operating Cash Flow of $18.5 milli...

Forum Energy Technologies, Inc. (NYSE: FET) announced today that it has changed the date and time of its previously announced third quarter 2022 earnings conference call to 11:00 a.m. Central Standard Time on Wednesday, November 9, 2022. FET will issue a press release regarding its thir...

Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its third quarter 2022 earnings conference call at 10:00 a.m. Central Standard Time on Friday, November 11, 2022. FET will issue a press release regarding its third quarter 2022 earnings prior to the conferenc...

Summary Oilfield services were exceptionally volatile last week as crude oil and natural gas declined 8% and 10% respectively. 53 oilfield service companies were evaluated using a value matrix with factors including value, growth, profitability, ownership, and debt. Based on v...