Forum Energy TechnologiesFET
About: Forum Energy Technologies Inc is a products company, serving the oil, natural gas, industrial and renewable energy industries. The company designs, manufactures, and distributes products and engages in aftermarket parts supply and services that complement its product offering. Its products include engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. It operates in two reporting segments, namely Drilling and Completions and Artificial Lift and Downhole. Revenue largely comes from Artificial Lift and Downhole segment.
Employees: 1,800
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
264% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 11
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
13% more funds holding
Funds holding: 77 [Q3] → 87 (+10) [Q4]
0% more call options, than puts
Call options by funds: $8K | Put options by funds: $8K
5.31% less ownership
Funds ownership: 67.46% [Q3] → 62.15% (-5.31%) [Q4]
5% less capital invested
Capital invested by funds: $127M [Q3] → $120M (-$6.89M) [Q4]
67% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 1 (-2) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for FET.
Financial journalist opinion
Based on 12 articles about FET published over the past 30 days
