Forum Energy Technologies, Inc.

Forum Energy Technologies designs, manufactures, and supplies products serving the oil, natural gas, defense, and renewable energy industries in the United States and globally. Its business is organized into two segments: Drilling and Completions, and Artificial Lift and Downhole. The Drilling and Completions segment provides products for drilling, subsea, coiled tubing, well stimulation, and intervention markets, including drilling capital equipment, consumables, subsea remotely operated vehicles, trenchers, submarine rescue vehicles, hydraulic fracturing pumps, cooling systems, high-pressure flexible hoses, wireline cable, pressure control equipment, and coiled tubing strings. The Artificial Lift and Downhole segment offers solutions for artificial lift, well construction, production, and infrastructure markets, including well construction casing and cementing equipment, downhole technology solutions, sand and flow control products for heavy oil, engineered process systems, and production equipment.

Forum Energy Technologies is listed on the New York Stock Exchange (NYSE) under the ticker symbol FET. The company trades in United States Dollars (USD), as it is headquartered in the United States and its primary listing is on a US exchange. Investors can buy and sell FET shares on the NYSE during regular trading hours, and the stock is quoted in USD. The company's financial reports and dividends, if any, are also denominated in USD.

Forum Energy Technologies operates in the Energy sector, specifically within the Oil & Gas Equipment & Services industry. This means the company provides equipment, technology, and services used in the exploration, drilling, production, and transportation of oil and natural gas. Its products are essential for upstream and midstream operations, including drilling rigs, well completion, artificial lift, and downhole tools. The company also serves adjacent markets such as defense and renewable energy, but its core focus remains on supporting oil and gas activities globally.

Forum Energy Technologies is headquartered in the United States and serves customers both domestically and globally. The company's operations span the United States and international markets, with a focus on oil and gas producing regions. Its products are used in drilling, subsea, coiled tubing, well stimulation, and intervention markets worldwide. Additionally, the company serves the defense industry with subsea remotely operated vehicles and submarine rescue vehicles, and the renewable energy sector with certain products. The global reach allows Forum to support energy projects across various geographies, including offshore and onshore environments.

Forum Energy Technologies generates revenue by designing, manufacturing, and supplying products and solutions to the oil, natural gas, defense, and renewable energy industries. Its revenue comes from two segments: Drilling and Completions, and Artificial Lift and Downhole. The Drilling and Completions segment sells drilling capital equipment, consumables, subsea vehicles, hydraulic fracturing pumps, cooling systems, high-pressure hoses, wireline cable, pressure control equipment, and coiled tubing products. The Artificial Lift and Downhole segment provides artificial lift systems, well construction casing and cementing equipment, downhole technology solutions, sand and flow control products, engineered process systems, and production equipment. Revenue is derived from both product sales and related services, with customers including oil and gas operators, drilling contractors, and service companies.