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Forum Energy Technologies Inc (FET.N)

FET.N on New York Stock Exchange

14.10USD
19 Sep 2017
Change (% chg)

$0.05 (+0.36%)
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Latest Key Developments (Source: Significant Developments)

Forum Energy Technologies announces purchase of remaining membership interests in Global Tubing
Monday, 28 Aug 2017 06:30am EDT 

Aug 28 (Reuters) - Forum Energy Technologies Inc :Forum Energy Technologies announces purchase of remaining membership interests in Global Tubing from joint venture partner Quantum Energy Partners And Management.Aggregate transaction value is approximately $237 million.Co expects acquisition to be more than 25 pct EPS accretive in 2018, based on current analyst consensus estimates.Anticipated that closing of transaction will occur in Q3 2017.‍As part of deal , forum will also acquire management's interest in joint venture and repay Global Tubing's net debt​.  Full Article

Forum Energy Technologies announces Q2 loss per share $0.81
Thursday, 27 Jul 2017 08:34pm EDT 

July 27 (Reuters) - Forum Energy Technologies Inc :Forum Energy Technologies announces second quarter 2017 results.Q2 loss per share $0.81.Q2 earnings per share view $-0.11 -- Thomson Reuters I/B/E/S.Q2 revenue $201 million versus I/B/E/S view $195.2 million.Q2 adjusted loss per share $0.10 excluding items.Sees Q3 2017 loss per share $0.04 to $0.07.Sees Q3 2017 revenue up 8 to 12 percent.  Full Article

Forum Energy Technologies acquires Multilift
Wednesday, 5 Jul 2017 08:00am EDT 

July 5 (Reuters) - Forum Energy Technologies Inc ::Forum Energy Technologies acquires Multilift.Forum Energy Technologies Inc - acquired stock of Multilift from Pelican Energy Partners.  Full Article

Forum Energy Technologies reports Q1 loss per share $0.16
Thursday, 27 Apr 2017 06:36pm EDT 

April 27 (Reuters) - Forum Energy Technologies Inc :Forum energy technologies announces first quarter 2017 results.Q1 loss per share $0.16.Q1 revenue $171 million.Q1 adjusted loss per share $0.14 excluding items.Sees Q2 2017 loss per share $0.09 to $0.12.New inbound orders in quarter were $194 million, a 6% increase from Q4 2016.Expects diluted loss per share for Q2 2017 of $0.12 to $0.09 and revenue growth of 12-15%.  Full Article

Forum Energy Technologies appoints Prady Iyyanki as CEO
Monday, 20 Feb 2017 08:00am EST 

Forum Energy Technologies Inc : Forum Energy Technologies announces CEO succession . Says C. Christopher Gaut appointed chairman of the board . Says Prady Iyyanki appointed CEO and President .Prady Iyyanki succeeds Christopher Gaut, current chief executive officer who will become executive chairman.  Full Article

Forum Energy Technologies announces pricing of public offering of common stock
Monday, 5 Dec 2016 07:26pm EST 

Forum Energy Technologies Inc : Says public offering priced at $21.50per share .Forum Energy Technologies announces pricing of public offering of common stock.  Full Article

Forum Energy Technologies says offering aggregate of 7 mln shares of company's common stock
Monday, 5 Dec 2016 04:10pm EST 

Forum Energy Technologies Inc : Forum Energy Technologies announces public offering of common stock . Forum Energy Technologies Inc says offering aggregate of 7 million shares of company's common stock . Net proceeds from sale of common stock received by company will be used for acquisitions .Forum Energy Technologies - Offering consist of 3.5 million shares are being offered by co and 3.5 million shares are being offered by selling stockholders.  Full Article

Forum Energy Technologies posts Q3 adj.loss $0.19/shr
Thursday, 27 Oct 2016 08:23pm EDT 

Forum Energy Technologies Inc : Forum Energy Technologies announces third quarter 2016 results . Q3 loss per share $0.20 . Q3 revenue $138 million versus I/B/E/S view $146.5 million . Q3 earnings per share view $-0.19 -- Thomson Reuters I/B/E/S .Q3 adjusted loss per share $0.19 excluding items.  Full Article

Forum Energy Technologies posts Q3 adj.loss $0.19/shr
Thursday, 27 Oct 2016 07:24pm EDT 

Forum Energy Technologies Inc : Forum Energy Technologies announces third quarter 2016 results . Q3 loss per share $0.20 . Q3 revenue $138 million versus I/B/E/S view $146.5 million . Q3 earnings per share view $-0.19 -- Thomson Reuters I/B/E/S .Q3 adjusted loss per share $0.19 excluding items.  Full Article

BRIEF-Forum Energy Technologies announces purchase of remaining membership interests in Global Tubing

* Forum Energy Technologies announces purchase of remaining membership interests in Global Tubing from joint venture partner Quantum Energy Partners And Management