Forum Energy Technologies, Inc. (FET) News
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Latest FET News From Around the Web
Below are the latest news stories about Forum Energy Technologies Inc that investors may wish to consider to help them evaluate FET as an investment opportunity.
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5 Cheap Energy Stocks Riding Oil HigherEnergy is understandably at the top of every investor's mind right now, but finding the best energy stocks requires careful consideration. |
Forum Energy Technologies, Inc. (FET) CEO Neal Lux on Q4 2021 Results - Earnings Call TranscriptNo summary available. |
Forum Energy: Q4 Earnings SnapshotHOUSTON (AP) _ Forum Energy Technologies Inc. (FET) on Monday reported a loss of $19.6 million in its fourth quarter. On a per-share basis, the Houston-based company said it had a loss of $3.46. Losses, adjusted for non-recurring costs, were $2.23 per share. The provider of manufactured technologies and applied products in the energy sector posted revenue of $148.1 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FET at https://www.zacks.com/ap/FET |
Forum Energy Technologies Announces Full Year and Fourth Quarter 2021 ResultsHOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced fourth quarter 2021 revenue of $148 million, an increase of $7 million from the third quarter 2021. Orders received in the quarter were $160 million. Net loss for the quarter was $20 million, or $3.46 per diluted share, compared to a net loss of $12 million, or $2.05 per diluted share, for the third quarter 2021. Excluding $7 million, or $1.23 per share of special items, adjusted net loss was $2.23 per diluted |
Forum Energy Technologies Provides Fourth Quarter 2021 Operational Update and Announces Timing of Earnings Conference CallHOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced that fourth quarter 2021 operating results are expected to be below previously provided guidance levels. Results in the fourth quarter were negatively affected by further supply chain disruptions, which caused both revenue to be deferred and costs to increase. In addition, the company incurred excess logistics and freight costs in an effort to mitigate these supply chain disruptions. Also, medical benefit cost |
Forum Energy Tech drops after guiding Q4 EBITDA below prior guidanceForum Energy Technologies (FET) -3.8% pre-market after warning that Q4 EBITDA will come in below previous company guidance, hurt by supply chain disruptions which caused deferred |
Monaco Asset Management SAM Buys Viatris Inc, TechnipFMC PLC, Barrick Gold Corp, Sells Antero ...Investment company Monaco Asset Management SAM (Current Portfolio) buys Viatris Inc, TechnipFMC PLC, Barrick Gold Corp, Alibaba Group Holding, Valaris, sells Antero Resources Corp, Devon Energy Corp, Anglogold Ashanti, Range Resources Corp, Ocwen Financial Corp during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Monaco Asset Management SAM. |
Forum Energy Technologies, Inc. -- Moody's announces completion of a periodic review of ratings of Forum Energy Technologies, Inc.Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Forum Energy Technologies, Inc.Global Credit Research - 20 Jan 2022New York, January 20, 2022 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Forum Energy Technologies, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 19 January 2022 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology (ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic re... |
Forum Energy Technologies: Steady Order Book Builds The PillarNo summary available. |