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Company Profile: Revenue, Growth, Competition

FORUM ENERGY TECHNOLOGIES - Revenue, Growth & Competitor Profile

DBA FORUM ENERGY SERVICES, INC.
DBA FORUM OILFIELD TECHNOLOGIES
DBA FORUM OILFIELD TECHNVLOGIES INC
920 Memorial City Way
Suite 1000
Houston, TX 77024

www.f-e-t.com/
Last updated:

Company Awards

Big Fish
Big Fish
 
Public Company
public company
Brain Power (IP)
Patent/Trademark IP
 
VC / Private Equity
Venture Capital / Private Equity

Company Profile & Financial Information for Forum Energy Technologies

Forum Energy Technologies's revenue, profitability, growth rate by year. Trademarks and applications show Forum Energy Technologies's marketing strategy. Precise revenue figures by year, number of employees, and trademarks indicate Forum Energy Technologies's strengths. Forum Energy Technologies operates in the Petroleum Refineries industry. A list of fastest growing competitors, and info on recession risks show Forum Energy Technologies's weaknesses relative to its competitors.

Access the complete profile.


Fast Facts

RevenueOver $100 million    Exact Revenue in Premium Report
EmployeesOver 1,000Exact Employee Count Available in Premium Report
Primary Industry3241 Petroleum Refineries
Additional NAICS Codes21111
33
333132 Oil & Gas Field Machinery & Equipment Manufacturing
4238 Machinery, Equipment & Supplies Merchant Wholesalers


Forum Energy Technologies's Business Operations Profile shows critical firmographic facts:
  • What is the company's size? (Revenue and employees)
  • What industry is the company in?

Forum Energy Technologies is a publicly traded company on NYSE using the ticker symbol: FET. Detailed information on company financials and operating reports can be found here: NYSE: FET

Market Cap: $1.32B
Revenue: $657.68M
EBITDA: $-22.64M




Forum Energy Technologies Revenue and Growth Rate

Forum Energy Technologies Revenue Est.
($ Million)
Growth Rate (%)# Employees
2015Details in Premium Report
2014
2013
2012


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: Forum Energy Technologies's revenues are gauged from an analysis of company filings.



Investor Activity

Forum Energy Technologies has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date Investors Percent Raised Target Size
October 2, 2017 15 100%$119 MM
Complete list of funding rounds and total amounts in the Company Report




Trademark Applications

Trademark applications show the products and services that Forum Energy Technologies is developing and marketing. Forum Energy Technologies doesn't have any recent trademark applications, indicating Forum Energy Technologies is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark Date
FORUM ID
Computer hardware and software for managing and tracking the location and custody of oilfield equipment; computer hardware and software for managing the deployment of oilfield equipment; Computer hardware and software for managing and documenting the inspection, service, and repair history of oilfield equipment
FORUM
Wholesale store services, retail store services and distributorship services featuring oil field equipment; Retail store services featuring metal pipes and metal hardware for oil and gas well drilling and production, tubular handling equipment, oil and gas well drilling machinery, tools for operating oil and gas well drilling equipment, oil and gas well drilling instrumentation and controls, and non-metallic equipment, elastomeric seals, and consumables for oil and gas well drilling and production
KEEP ON DRILLING
Centrifugal pumps; Pump pressure and flow regulation valves, namely, pump control valves; Shafts for pumps; Valves for pumps; Hydraulically powered tongs, namely, hydraulically powered tools for connecting threaded pipe segments; Machine parts, namely, bearings, mechanical seals; Hoists; Material handling machines, namely, pipe elevators and hydraulically lifted platforms and walkways; Pump operating valves; Fluid power component kit comprising hose and fittings for use in machinery; Overhead traveling cranes; Cranes; Pneumatically powered tongs, namely, air-powered tools for connecting threaded pipe segments

See all trademarks and details in the Full Report.


Patent Applications

Patent applications show Forum Energy Technologies's intellectual property, its current capabilities and future direction. Forum Energy Technologies has applied for 1 patents since 2009. Forum Energy Technologies's most recent patent was filed in October 2013 for Method And Apparatus For Attachment Of A Secondary Tool Handling Device To A Primary Tool Handling Device. Embodiments of the invention provide methods and apparatus for a handling system and attachment of a secondary elevator, and/or other complementary equipment, to a primary elevator. In one embodiment, a casing elevator is provided. The casing elevator includes a body, two first load-rated lift members coupled to a perimeter of the body at a first location on the body, and two second load-rated lift members coupled to the perimeter of the body at a second location on the body, the second location being different than the first location.


Patent Application Date
Complete list of patent applications




Recession Risk

Determine whether Forum Energy Technologies grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Forum Energy Technologies is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.



Market Share of Competition: Forum Energy Technologies vs. Largest Competitors

A competitive analysis shows these companies are in the same general field as Forum Energy Technologies, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
SHELL OILHouston, TX100 
BP CORPORATION NORTH AMERICAHouston, TX74 
SUNOCO INC. R & MNewtown Square, PA51 
KOCH INDUSTRIESWichita, KS46 
CHEVRONSan Ramon, CA45 
VALERO ENERGYSan Antonio, TX38 




Nearby Competitors

These companies are similar in business line and location to Forum Energy Technologies. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
BP CORPORATION NORTH AMERICAHouston, TX100 
SUNOCO GPHouston, TX43 
CONOCOPHILLIPSHouston, TX14 
HUNTING ENERGY SERVICESHouston, TX6 
TPC GROUPHouston, TX4 
WAINOCO OIL & GASHouston, TX3 




Similar Sized Companies near Houston

These are similar in size and location to Forum Energy Technologies.

Company HeadquartersRevenue ($ MM)
MATRA PETROLEUM OPERATINGHouston, TX97 
STRAND ENERGY L.C.Houston, TX97 
WEINGARTEN NOSTATHouston, TX97 
PETROCHINA INTERNATIONAL AMERICAHouston, TX97 
SOUTHERN NATURAL GASHouston, TX98 
STRATEGIC MATERIALSHouston, TX100 
TECHNIP USAHouston, TX96 
NCI BUILDING SYSTEMSHouston, TX96 
MEMORIAL RESOURCE DEVELOPMENTHouston, TX95 
CORNERSTONE HOME LENDINGHouston, TX95 
FLATONIA INVESTMENTSHouston, TX93 
WEEKLEY HOMESHouston, TX93 




Fastest Growing Competitors

These companies are in the same general field as Forum Energy Technologies and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
Forum Energy Technologies Competitors