FET News and Press, Forum Energy Technologies Inc. From 04/17/23

2023-04-17 09:00:00 ET Summary SRC has persistently traded with a higher cost of capital (especially cost of equity) than its peer group. Since his appointment as CEO in 2017, Jackson Hsieh has done yeoman's work to improve the portfolio and balance sheet and to earn a lower cost ...

Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its first quarter 2023 earnings conference call at 10:00 a.m. Central Time on Friday, May 5, 2023. FET will issue a press release regarding its first quarter 2023 earnings prior to the conference call. The call will...

2023-03-29 08:05:00 ET Given the spectacular popularity of ChatGPT, it's perhaps not surprising that AI crypto tokens are surging in price this year. Everyone wants a piece of this hot new niche. The most popular crypto AI token, SingularityNET (CRYPTO: AGIX) , is up by a mind-blowi...

2023-03-27 16:52:10 ET Forum Energy Technologies ( NYSE: FET ) said Monday it was awarded a ~$25M contract to design, engineer and supply four electrostatic desalter systems for an onshore project at the Safaniyah oilfield in Saudi Arabia. The company said the desalter s...

Forum Energy Technologies, Inc. (NYSE: FET) has been awarded an approximately $25 million contract to design, engineer, and supply four electrostatic desalter systems for an onshore project at the Safaniyah oil field, Kingdom of Saudi Arabia. The desalter systems will utilize FET’s EDGE ...

2023-03-19 04:19:57 ET Summary Forum Energy expects international offshore markets to drive growth in 2023. Rig reactivation in the offshore market can benefit its mud systems and tubular handling businesses. Supply chain disruption and higher freight expenses affected its ope...

Forum Energy Technologies, Inc. (FET) Q4 2022 Earnings Conference Call February 21, 2023, 11:00 AM ET Company Participants Rob Kukla - Director, IR Neal Lux - President and CEO Lyle Williams - CFO Conference Call Participants John Daniel - Daniel Energy Par...

Forum Energy press release ( NYSE: FET ): Q4 Non-GAAP EPS of -$0.45. Revenue of $191M (+29.0% Y/Y). Orders received were $215M, with a book-to-bill ratio of 113%. "Looking ahead, on-going global supply and demand imbalances for commodities are creating long-term opportunit...

Full Year 2022 Highlights and 2023 Guidance Revenue: $700 million, a 29% year-over-year increase Orders: $781 million and book-to-bill ratio of 112% Net Income: $4 million and diluted EPS of $0.62 Adjusted EBITDA: $59 million, a 194% increase from 2021 Se...

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...