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Forum Energy Technologies, Inc. (FET)

Energy | Oil & Gas Equipment & Services | Houston, United States | NYSE
54.83 USD -1.26 (-2.246%) ⇩ (April 20, 2026, 4 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ★★★☆☆ | Dividends: ★☆☆☆☆
Hot Take | April 19, 2026, 6:33 p.m. EDT

FET is in a high-conviction technical breakout mode, confirmed by the massive open interest wall at $60 for July and the near-absence of put protection at these levels. While fundamentals remain average with no dividend support, the recent price surge (from ~$14 to ~$60 in a year) combined with strong operating cash flow suggests the breakout is sustainable. However, the short-term upside is capped by the $65 collective resistance, making a momentum play for a move back towards the highs plausible, provided the recent dip below $58 doesn't trigger a liquidity flush.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.073596
AutoTheta0.195413
AutoETS0.204780
MSTL0.208004

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 80%
H-stat 0.58
Ljung-Box p 0.000
Jarque-Bera p 0.331
Excess Kurtosis -0.18
Attribute Value
Sector Energy
Debt to Equity Ratio 79.573
Revenue per Share 66.606
Market Cap 621,150,272
Forward P/E 24.37
Beta 0.59
Profit Margins -1.22%
Website https://f-e-t.com

As of April 19, 2026, 6:33 p.m. EDT: Call buying is dominated by a bullish gamma exposure build at the $60 strike for July expiration (271 OI), indicating strong support and potential upside acceleration if price holds above $58. The $65 strike has significant implicit position (68 calls), suggesting a target cap or mean reversion point in the medium term. Conversely, put activity is negligible and largely defensive; most volume is in distant OTM strikes (e.g., $20 July) with minimal open interest, indicating a lack of speculative hedging or fear positioning. IV is relatively low (50-65%), suggesting the market does not price in a high-probability crash.


Info Dump

Attribute Value
52 Week Change 2.6407702
Address1 10,344 Sam Houston Park Drive
Address2 Suite 300
All Time High 740.6
All Time Low 3.0
Ask 0.0
Ask Size 200
Audit Risk 3
Average Daily Volume10 Day 156,750
Average Daily Volume3 Month 244,063
Average Volume 244,063
Average Volume10Days 156,750
Beta 0.585
Bid 0.0
Bid Size 100
Board Risk 1
Book Value 26.237
City Houston
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 1
Country United States
Crypto Tradeable 0
Currency USD
Current Price 54.83
Current Ratio 2.173
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 56.99
Day Low 54.6119
Debt To Equity 79.573
Display Name Forum Energy
Dividend Date 1,604,966,400
Earnings Call Timestamp End 1,777,647,600
Earnings Call Timestamp Start 1,777,647,600
Earnings Timestamp 1,777,579,200
Earnings Timestamp End 1,777,579,200
Earnings Timestamp Start 1,777,579,200
Ebitda 52,886,000
Ebitda Margins 0.06682
Enterprise To Ebitda 15.395
Enterprise To Revenue 1.029
Enterprise Value 814,183,680
Eps Current Year 2.02
Eps Forward 2.25
Eps Trailing Twelve Months -0.81
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 56.9108
Fifty Day Average Change -2.080799
Fifty Day Average Change Percent -0.036562465
Fifty Two Week Change Percent 264.07703
Fifty Two Week High 63.58
Fifty Two Week High Change -8.75
Fifty Two Week High Change Percent -0.1376219
Fifty Two Week Low 13.55
Fifty Two Week Low Change 41.280003
Fifty Two Week Low Change Percent 3.0464947
Fifty Two Week Range 13.55 - 63.58
Financial Currency USD
First Trade Date Milliseconds 1,334,237,400,000
Float Shares 8,990,512
Forward Eps 2.25
Forward P E 24.368889
Free Cashflow 78,453,872
Full Exchange Name NYSE
Full Time Employees 1,700
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.27673998
Gross Profits 219,036,000
Has Pre Post Market Data 1
Held Percent Insiders 0.07327
Held Percent Institutions 0.75643
Implied Shares Outstanding 11,328,657
Industry Oil & Gas Equipment & Services
Industry Disp Oil & Gas Equipment & Services
Industry Key oil-gas-equipment-services
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,604,966,400
Last Split Factor 1:20
Long Business Summary Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, defense, and renewable energy industries in the United States and internationally. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures, and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation, and intervention markets, including applications in oil and natural gas, renewable energy, defense, and communications industries. This segment also offers drilling capital equipment and consumable products; subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tooling, and technical services; hydraulic fracturing pumps, cooling systems, and high-pressure flexible hoses and flow iron; wireline cable and pressure control equipment; and coiled tubing strings and pressure control equipment, as well as coiled line pipe and related services. The Artificial Lift and Downhole Segment designs, manufactures, and supplies products and solutions for the artificial lift, well construction, production, and infrastructure markets. This segment also offers products designed to safeguard artificial lift equipment and downhole cables; well construction casing and cementing equipment; customized downhole technology solutions, which provides sand and flow control products for heavy oil applications; engineered process systems, production equipment, and separation equipment; and a range of industrial valves. It sells its products through distributors to drilling rig contractors, offshore service companies, governmental organizations, and oil and gas operators and producers. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.
Long Name Forum Energy Technologies, Inc.
Market us_market
Market Cap 621,150,272
Market State PRE
Max Age 86,400
Message Board Id finmb_26470411
Most Recent Quarter 1,767,139,200
Net Income To Common -9,660,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 621,150,263
Number Of Analyst Opinions 1
Open 56.19
Operating Cashflow 70,402,000
Operating Margins 0.060310002
Overall Risk 3
Payout Ratio 0.0
Peg Ratio 3.52
Phone 713 351 7900
Pre Market Change 0.0
Pre Market Change Percent 0.0
Pre Market Price 54.83
Pre Market Time 1,776,769,281
Previous Close 56.09
Price Eps Current Year 27.143566
Price Hint 2
Price To Book 2.089797
Price To Sales Trailing12 Months 0.7848019
Profit Margins -0.012209999
Quick Ratio 0.903
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -1.26
Regular Market Change Percent -2.24639
Regular Market Day High 56.99
Regular Market Day Low 54.6119
Regular Market Day Range 54.6119 - 56.99
Regular Market Open 56.19
Regular Market Previous Close 56.09
Regular Market Price 54.83
Regular Market Time 1,776,715,202
Regular Market Volume 109,326
Return On Assets 0.01525
Return On Equity -0.03162
Revenue Growth 0.006
Revenue Per Share 66.606
Sand P52 Week Change 0.34445214
Sector Energy
Sector Disp Energy
Sector Key energy
Share Holder Rights Risk 7
Shares Outstanding 11,328,657
Shares Percent Shares Out 0.0273
Shares Short 308,822
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 221,162
Short Name Forum Energy Technologies, Inc.
Short Percent Of Float 0.0295
Short Ratio 1.42
Source Interval 15
State TX
Symbol FET
Target High Price 64.0
Target Low Price 64.0
Target Mean Price 64.0
Target Median Price 64.0
Total Cash 34,661,000
Total Cash Per Share 3.079
Total Debt 231,670,000
Total Revenue 791,473,984
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.81
Trailing Peg Ratio 3.4441
Triggerable 1
Two Hundred Day Average 36.43385
Two Hundred Day Average Change 18.396152
Two Hundred Day Average Change Percent 0.5049193
Type Disp Equity
Volume 109,326
Website https://f-e-t.com
Zip 77,064