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Forum Energy Technologies

#8356

Rank

$168.47M

Marketcap

US United States

Country

Forum Energy Technologies
Leadership team

Mr. C. Christopher Gaut (Exec. Chairman)

Mr. Neal Lux (Pres, CEO & Director)

Mr. David Lyle Williams Jr. (Exec. VP & CFO)

Products/ Services
Energy, Industrial, Manufacturing, Oil and Gas, Professional Networking, Renewable Energy, Telecommunications
Number of Employees
1,000 - 20,000
Headquarters
Houston, Texas, United States
Established
2005
Company Registration
SEC CIK number: 0001401257
Revenue
500M - 1B
Traded as
FET
Social Media
Overview
Location
Summary
Forum Energy Technologies, Inc. designs, manufactures, and distributes products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and supplies products, and provides related services to the drilling, well construction, artificial lift, and subsea energy construction markets, including applications in oil and natural gas, renewable energy, defense, and communications. This segment offers drilling technologies consisting of capital equipment and a line of products consumed in the drilling process; well construction casing and cementing equipment, and protection products for artificial lift equipment and cables; and subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tools, and complementary subsea technical services. The Completions segment offers hydraulic fracturing pumps, cooling systems, high-pressure flexible hoses, and flow iron for pressure pumping, hydraulic fracturing and flowback services markets; wireline cable and pressure control equipment for well completion and intervention service markets; and coiled tubing strings and coiled line pipe. The Production segment designs, manufactures, and supplies products, and provides related equipment and services for production and infrastructure markets. This segment offers engineered process systems, production equipment, specialty separation equipment, and various industrial valves for oil and natural gas customers, power generation, renewable energy, and other general industrial applications. 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.
History

Forum Energy Technologies was founded in October 2008 when Forum Merger Corporation (FMC) merged with certain subsidiaries of Helix Energy Solutions Group, Inc. In 2011, Forum Energy Technologies was listed on the New York Stock Exchange. Since then, the company has continued to grow, and has purchased and merged with numerous other companies to further expand the company’s offerings and reach.

Mission
At Forum Energy Technologies, our mission is to be a leading global provider of equipment and services that maximize operating performance and return on investment in the upstream energy industry.
Vision
Our vision is to provide innovative, value-added products and services that enable our customers to achieve production and drilling objectives safely, efficiently and reliably.
Key Team

Ms. Katherine T. Keller (VP, Principal Accounting Officer & Corp. Controller)

Rob Kukla (Director of Investor Relations)

Mr. John C. Ivascu (Exec. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec.)

Mr. Michael D. Danford (Sr. VP & Chief HR Officer)

Mr. Tylar K. Schmitt (VP of Fin. & Treasurer)

Recognition and Awards
Forum Energy Technologies has received numerous awards and accolades including the Frost & Sullivan Global Oil and Gas Best Practices 2014 Award for “Product Leadership”, the Oil and Gas Awards 2016 Best Technology Integrator, the Big Fifty Top Canadian Oil & Gas Mega-Projects 2014 Top Contractors Honor Roll and the Oil and Gas Awards 2017 Best MWD/LWD Solution Provider.
References

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Forum Energy Technologies
Leadership team

Mr. C. Christopher Gaut (Exec. Chairman)

Mr. Neal Lux (Pres, CEO & Director)

Mr. David Lyle Williams Jr. (Exec. VP & CFO)

Products/ Services
Energy, Industrial, Manufacturing, Oil and Gas, Professional Networking, Renewable Energy, Telecommunications
Number of Employees
1,000 - 20,000
Headquarters
Houston, Texas, United States
Established
2005
Company Registration
SEC CIK number: 0001401257
Revenue
500M - 1B
Traded as
FET
Social Media