Forum Energy Technologies, Inc. (FET) News

Forum Energy Technologies, Inc. (FET): $32.00

-0.56 (-1.72%)

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FET News Highlights

  • For FET, its 30 day story count is now at 3.
  • Over the past 20 days, the trend for FET's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
  • The most mentioned tickers in articles about FET are DOW, TOP and OTRK.

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.

US Stocks Turn Lower; Dow Dips Over 300 Points

U.S. stocks turned lower midway through trading, with the Dow Jones dropping more than 300 points on Wednesday. The Dow traded down 0.99% to 33,575.05 while the NASDAQ fell 0.61% to 11,027.26. The S&P 500 also fell, dropping, 0.75% to 3,960.85. Check This Out: Alphabet To Rally Around 37%? Here Are 10 Other Analyst Forecasts For Wednesday Leading and Lagging Sectors Energy shares gained by 0.1% on Wednesday. Meanwhile, top gainers in the sector included Forum Energy Technologies, Inc. (NYSE: FET ), up 7%, and Forum Energy Technologies, Inc. (NYSE: NRT ), up 5%. In trading on Wednesday, consumer staples shares fell by 1.8%. Top Headline Producer prices for final demand in the US fell 0.5% month-over-month in December. Equities Trading UP Ontrak, Inc.. (NASDAQ: OTRK ) shares shot up 122% ...

Benzinga | January 18, 2023

Forum Energy Technologies to convert notes due 2025 into shares

Forum Energy Technologies (FET) is set to convert $122.8M, or 47.8%, of the 9.00% notes due August 2025 into ~4.5M shares on Jan. 3, 2023.

Seeking Alpha | December 29, 2022

Forum Energy Technologies Announces Mandatory Conversion of 9.00% Convertible Senior Secured Notes

HOUSTON, December 29, 2022--Forum Energy Technologies, Inc. (NYSE: FET) today announced the satisfaction of the mandatory conversion requirements under its 9.00% Convertible Senior Secured Notes due August 2025 (the "2025 Notes"). In connection with the conversion, $122.8 million or 47.8% of the 2025 Notes will convert into approximately 4.5 million shares of FET common stock on January 3, 2023, with a settlement date of January 5, 2023. The remaining approximately $134.2 million in aggregate pr

Yahoo | December 29, 2022

Forum Energy Technologies Closes Sale-Leaseback Transaction

HOUSTON, November 30, 2022--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 remain an integral part of FET’s operations strategy going forward. In connection with the sale, the Company entered into a long-term lease agreement. The net sales proceeds from the transaction totaled approximately $32 million.

Yahoo | November 30, 2022

Forum Energy Technologies, Inc. (FET) Q3 2022 Earnings Call Transcript

Forum Energy Technologies, Inc. (NYSE:NYSE:FET) Q3 2022 Results Conference Call November 09, 2022 12:00 PM ET Company Participants Rob Kukla - Director, IR Neal Lux - President and CEO Lyle…

Seeking Alpha | November 9, 2022

Forum Energy Technologies Announces Third Quarter 2022 Results and Outlook

Forum Energy Technologies, Inc. (NYSE: FET) today announced third quarter 2022 revenue of $182 million, an increase of $10 million from the second qua

Business Wire | November 8, 2022

Forum Energy Technologies Announces Date and Time Change For Third Quarter 2022 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--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 third quarter 2022 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET’s website at ir.f-e-t.com. Important note regarding the process

Business Wire | October 18, 2022

Forum Energy Technologies Announces Timing of Third Quarter 2022 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--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 conference call. The call will be webcast through the Investor Relations link on FET’s website at ir.f-e-t.com. Important note regarding the process for dialing in to the conference call: Partici

Business Wire | October 4, 2022

Forum Energy Technologies (NYSE:FET) investors are sitting on a loss of 88% if they invested five years ago

This month, we saw the Forum Energy Technologies, Inc. ( NYSE:FET ) up an impressive 48%. But that doesn't change the...

Yahoo | August 17, 2022

Nasdaq Turns Lower; Crude Oil Rises Over 1%

U.S. stocks pared gains toward the end of trading, with the S&P 500 and the Nasdaq turning lower on Monday. The Dow traded up 0.13% to 32,845.34 while the NASDAQ fell 0.20% to 12,631.80. The S&P also fell, dropping, 0.16% to 4,138.76. Also check this: Tyson Foods, Take-Two Interactive And 3 Stocks To Watch Heading Into Monday Leading and Lagging Sectors Energy shares climbed 0.9% on Monday. Meanwhile, top gainers in the sector included W&T Offshore, Inc. (NYSE: WTI ), up 19% and Forum Energy Technologies Inc (NYSE: FET ) up 8%. In trading on Monday, information technology shares fell by 1.2%. Top Headline Tyson Foods Inc (NYSE: TSN ) reported third-quarter FY22 sales growth of 8.1% year-on-year to $13.49 billion, above the consensus of $13.24 billion. Adjusted EPS of $1.94 missed the an...

Benzinga | August 8, 2022


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