Company Quick10K Filing
Forum Energy Technologies
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 110 $397
10-Q 2019-10-30 Quarter: 2019-09-30
10-Q 2019-07-31 Quarter: 2019-06-30
10-Q 2019-05-01 Quarter: 2019-03-31
10-K 2019-02-28 Annual: 2018-12-31
10-Q 2018-10-31 Quarter: 2018-09-30
10-Q 2018-08-01 Quarter: 2018-06-30
10-Q 2018-05-02 Quarter: 2018-03-31
10-K 2018-02-27 Annual: 2017-12-31
10-Q 2017-11-01 Quarter: 2017-09-30
10-Q 2017-08-01 Quarter: 2017-06-30
10-Q 2017-05-02 Quarter: 2017-03-31
10-K 2017-02-28 Annual: 2016-12-31
10-Q 2016-11-02 Quarter: 2016-09-30
10-Q 2016-08-02 Quarter: 2016-06-30
10-Q 2016-05-03 Quarter: 2016-03-31
10-K 2016-02-29 Annual: 2015-12-31
10-Q 2015-10-30 Quarter: 2015-09-30
10-Q 2015-07-31 Quarter: 2015-06-30
10-Q 2015-05-01 Quarter: 2015-03-31
10-K 2015-02-27 Annual: 2014-12-31
10-Q 2014-10-31 Quarter: 2014-09-30
10-Q 2014-08-01 Quarter: 2014-06-30
10-Q 2014-04-29 Quarter: 2014-03-31
10-K 2014-02-28 Annual: 2013-12-31
10-Q 2013-11-04 Quarter: 2013-09-30
10-Q 2013-08-02 Quarter: 2013-06-30
10-Q 2013-05-03 Quarter: 2013-03-31
10-K 2013-03-05 Annual: 2012-12-31
10-Q 2012-11-06 Quarter: 2012-09-30
10-Q 2012-08-06 Quarter: 2012-06-30
10-Q 2012-05-04 Quarter: 2012-03-31
8-K 2020-02-12 Earnings, Exhibits
8-K 2020-02-03 Enter Agreement, Exhibits
8-K 2019-10-24 Earnings, Exhibits
8-K 2019-08-21 Other Events, Exhibits
8-K 2019-08-13 Officers
8-K 2019-07-25 Earnings, Exhibits
8-K 2019-06-17 Regulation FD
8-K 2019-05-14 Shareholder Vote, Exhibits
8-K 2019-05-03 Other Events, Exhibits
8-K 2019-04-25 Earnings, Exhibits
8-K 2019-03-20 Accountant, Exhibits
8-K 2019-02-14 Officers
8-K 2019-02-07 Earnings, Exhibits
8-K 2018-11-30 Officers
8-K 2018-10-29 Earnings, Exhibits
8-K 2018-08-28 Regulation FD
8-K 2018-07-31 Officers, Exhibits
8-K 2018-07-30 Earnings, Exhibits
8-K 2018-05-15 Shareholder Vote
8-K 2018-04-30 Earnings, Exhibits
8-K 2018-02-15 Officers, Exhibits
8-K 2018-02-08 Earnings, Exhibits

Forum Energy Technologies Financials

FET Metrics, Comps, Filings

Annual | Quarterly

Business

We are a global oilfield products company, serving the drilling, subsea, completions, production and infrastructure sectors of the oil and natural gas industry. We design, manufacture and distribute products and engage in aftermarket services, parts supply and related services that complement our product offering. Our product offering includes a mix of frequently replaced consumable products and highly engineered capital products that are used in the exploration, development, production and transportation of oil and natural gas. Our consumable products are used in drilling, well construction and completions activities, within the supporting infrastructure, and at processing centers and refineries. Our engineered capital products are directed at: drilling rig equipment for new rigs, upgrades and refurbishment projects; subsea construction and development projects; the placement of production equipment on new producing wells; pressure pumping equipment; and downstream capital projects. In 2018, approximately 80% of our revenue was derived from consumable products and activity-based equipment, while the balance was primarily derived from capital products with a small amount from rental and other services.

We seek to design, manufacture and supply reliable high quality products that create value for our diverse customer base, which includes, among others, oil and natural gas operators, land and offshore drilling contractors, oilfield service companies, subsea construction and service companies, and pipeline and refinery operators.

We operate three business segments that cover all stages of the well cycle, Drilling & Subsea, Completions, and Production & Infrastructure. We incorporate by reference the segment and geographic information for the last three years set forth in Note 16 Business Segments and the information with respect to acquisitions set forth in Note 4 Acquisitions & Dispositions.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
NCI Building Systems (NCS) 758 22% 13.4 0% 5,654 4,746 3,482 757 21 299 4,008
Global Brass & Copper Holdings (BRSS) 750 11% 8.0 8% 721 516 1,724 190 61 119 952
Weatherford (WFT) 703 6% -7.0 -35% 6,381 10,770 5,528 308 -2,211 -1,070 7,451
Newpark Resources (NR) 666 13% 9.1 2% 934 368 911 116 20 86 783
Tredegar (TG) 660 9.9 4% 730 342 0 48 26 70 693
Quanex Building Products (NX) 614 12% 13.4 -1% 680 319 898 104 -9 59 795
Forum Energy Technologies (FET) 397 24% -2.5 -22% 1,822 802 1,062 250 -408 -333 838
NN (NNBR) 379 0% -11.1 -16% 1,572 1,194 840 0 -259 -112 1,245
Ryerson (RYI) 292 18% 6.8 6% 2,196 2,064 4,846 851 124 204 1,384
Ferroglobe (GSM) 269 0% 2,124 0 0 0 0 269
LB Foster (FSTR) 238 19% 49.1 -5% 417 281 683 129 -21 6 314
Olympic Steel (ZEUS) 182 0% 10.1 2% 724 416 1,762 0 14 44 440
American Superconductor (AMSC) 171 27% 2.5 23% 120 42 43 12 28 39 96
NF Energy Saving (NFEC) 153 27% -10.4 -64% 25 14 1 0 -16 -15 153
HC2 (HCHC) 146 24% 2.6 2% 6,883 6,432 2,036 488 148 269 692
Gulf Island Fabrication (GIFI) 94 -3% -3.4 -9% 278 84 258 -8 -24 -19 64
Aqua Metals (AQMS) 86 -491% -1.9 -54% 84 19 4 -20 -45 -36 67
Profire Energy (PFIE) 75 51% 7.6 10% 51 4 43 22 5 8 64
ZK International Group (ZKIN) 50 0% 76 39 0 0 0 0 42
United States Antimony (UAMY) 39 -4% 32.1 2% 17 7 9 -0 0 1 40

Balance Sheet ($MM)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash41407710923411547
Accounts Receivable229250287139105203206
Inventory455441462424339443479
PP&E153180190187152197177
Assets1,8932,1692,2221,8861,8352,1951,830
Accounts Payable991001287774138143
Long-Term Debt400512428400400511521
Liabilities731838826629599786800
Stockholders' Equity1,1611,3301,3951,2571,2351,4091,030
Income Statement ($MM)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue1,4151,5251,7401,0745888191,064
Cost of Revenue9521,0501,180811488630808
Gross Profit463475559263100189256
R&D
SG&A225270313265227254287
Tax71415620-64-16
Net Income152130174-119-82-59-374
Cash Flow ($MM)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating13821127015665-402
Cash Investing-185-289-71-91-11-188-75
Cash Financing6677-162-27861017