About Forum Energy Technologies
Forum Energy Technologies is a company based in Houston (United States) founded in 2005. Forum Energy Technologies has raised $28.51 million across 3 funding rounds. The company has 937 employees as of December 31, 2022. Forum Energy Technologies has completed 10 acquisitions, including Cooper® Valves, ESP Completion Technologies and Equipment And Technical Services.
- Headquarter Houston, United States
- Employees 937 as on 31 Dec, 2022
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Forum Energy Technologies, Inc.
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Annual Revenue
$816.42 M (USD)10.5as on Dec 31, 2024
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Net Profit
-$135.33 M (USD)-616.92as on Dec 31, 2024
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EBITDA
$89.42 M (USD)52.88as on Dec 31, 2024
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Total Equity Funding
$28.51 M (USD)
in 3 rounds
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Latest Funding Round
$5 M (USD), Post-IPO
Jan 25, 2019
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Investors
Not available
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Employee Count
937
as on Dec 31, 2022
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Investments & Acquisitions
Cooper® Valves
& 9 more
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IPO & Listings of Forum Energy Technologies
Forum Energy Technologies is a publicly listed company on the NYSE with ticker symbol FET in USA, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Forum Energy Technologies
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Sales and Marketing
40 people
Software Development Team
22 people
Finance and Accounting
15 people
Product Management Team
14 people
Leadership Team
14 people
Operations Team
13 people
Human Resources and Administration
8 people
Plant Team
4 people
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Funding Insights of Forum Energy Technologies
Forum Energy Technologies has successfully raised a total of $28.51M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $5 million completed in January 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investments & Acquisitions by Forum Energy Technologies
Forum Energy Technologies has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Cooper® Valves, ESP Completion Technologies and Equipment And Technical Services.
Investment portfolio details for Forum Energy Technologies
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Sand protection tools for electrical submersible pumps are manufactured.
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Locked | Locked | 2013 | Locked | |
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Manufacturer of high performance wireline cables for oil and gas industry
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Locked | Locked | 2009 | Locked | |
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Manufacturer of interior building materials and design solutions
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Locked | Locked | 2007 | Locked |
Complete acquisition details for Forum Energy Technologies
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Financial Statements - Forum Energy Technologies
Detailed financials for Forum Energy Technologies
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Forum Energy Technologies Comparisons
Peer comparison for Forum Energy Technologies
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Competitors of Forum Energy Technologies
Detailed competitors of Forum Energy Technologies
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Latest news on Forum Energy Technologies
Complete news archive for Forum Energy Technologies
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Frequently Asked Questions about Forum Energy Technologies
Forum Energy Technologies was founded in 2005 and raised its 1st funding round 2 years after it was founded.
Forum Energy Technologies is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Prady Iyyanki is the current CEO of Forum Energy Technologies.
Forum Energy Technologies is a funded company, having raised a total of $28.51M across 3 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Forum Energy Technologies is 937.
Annual revenue of Forum Energy Technologies is $816.42M as on Dec 31, 2024.
Forum Energy Technologies was founded in 2005 and is headquartered in Houston, United States. Products for drilling and oilfield operations are supplied by the company within the energy sector. Focus is placed on equipment and solutions used in oil and gas exploration and production. Operations span manufacturing and distribution, with services extending to global markets served from the U.S. base. Leadership is provided by CEO Prady Iyyanki.
Yes, Forum Energy Technologies is publicly traded on NYSE under the ticker symbol FET.
Forum Energy Technologies has made 10 acquisitions, including Cooper® Valves, ESP Completion Technologies, and Equipment And Technical Services.
The ticker symbol of Forum Energy Technologies is FET on NYSE.