Forum Energy Technologies, Inc. FET

Forum Energy Technologies Inc is a manufacturing company serving the oil, natural gas, industrial, and renewable energy industries. Its products include engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. The company operates in two reportable segments: Drilling and Completions, and Artificial Lift and Downhole. Maximum revenue is generated from the Drilling and Completions segment, which offers products used in the drilling process, and other products like hydraulic fracturing pumps, ROVs and trenchers, submarine rescue vehicles, etc. Geographically, the firm generates maximum revenue from the U.S., followed by Canada, Middle East, Europe and Africa, Asia-Pacific, and Latin America.

FET hizo una agrupación de acciones (split inverso) de 1:20 el 10 de noviembre de 2020: cada 20 acciones se juntaron en una. Bajó la cantidad de acciones y subió su precio, pero no el valor total de la inversión.

• Zacks Investment Research 5 oct

  Pembina's Pacific Link Role Could Transform Canada's Oil Access

  Pembina Pipeline Corporation has reached a significant milestone with the Pacific Link pipeline project, which has been designated a Project of National Interest by the Government of Canada. The pipeline could transport up to 1 million barrels of crude daily from Alberta to Asia-Pacific markets, potentially generating over $20 billion in annual GDP and creating up to 140,000 jobs. Pembina will contribute development expertise with a 10% economic interest during construction while retaining full discretion over its final investment decision.

  

• Zacks Investment Research 5 oct

  Petrobras Scores Second Oil Find in Foz do Amazonas Basin

  Petrobras announced a second oil discovery at the Morpho exploration well in Brazil's Foz do Amazonas Basin, confirming light oil presence in deeper formations. The discovery strengthens exploration potential in the Equatorial Margin region, with three additional wells planned to begin drilling in early 2027. Petrobras has allocated $2.5 billion for 15 exploration wells in the region as part of its 2026-2030 strategic plan.

  

• Zacks Investment Research 5 oct

  Forum Energy (FET) Is a Great Choice for 'Trend' Investors, Here's Why

  Forum Energy Technologies (FET) is highlighted as a solid choice for trend investors, having gained 67.4% over 12 weeks with continued upward momentum of 3.6% over the past four weeks. The stock carries a Zacks Rank #1 (Strong Buy) rating and an Average Broker Recommendation of #1, indicating strong fundamental strength and positive near-term price performance outlook.

  

• Zacks Investment Research 5 oct

  5 Stocks With Recent Price Strength After a Mixed September

  Five stocks have demonstrated significant price strength and improved earnings estimates following a mixed September market performance. Vince Holding, Vera Bradley, American Outdoor Brands, Nutex Health, and Forum Energy Technologies were identified using screening criteria including positive 4-week price momentum, Zacks Rank #1 ratings, and trading near 52-week highs. All five companies show expected earnings growth exceeding 60% for their current fiscal years.

  

• Zacks Investment Research 16 sept

  NESR vs. FET: Which Stock Should Value Investors Buy Now?

  A comparison of two oil and gas equipment stocks, National Energy Services Reunited (NESR) and Forum Energy Technologies (FET), both holding Zacks Rank #1 ratings. NESR is identified as the superior value opportunity based on lower valuation metrics, including a forward P/E of 17.61 versus FET's 20.43, and a PEG ratio of 0.30 compared to FET's 2.55. NESR received a Value grade of B while FET received a D.