Note: Forum Energy Technologies's revenues are gauged from an analysis of company filings.
Forum Energy Technologies has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.
October 2, 2017
Complete list of funding rounds and total amounts in the Company Report
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.
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
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.
Complete list of patent applications
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.
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.
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.