Forum Energy Technologies, Inc.
FETEnergyNASDAQOil & Gas Equipment & Services
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Daily timeframeHeadquartered within the energy sector, Forum Energy Technologies, Inc. focuses on Oil & Gas Equipment & Services services and products. Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, defense, and renewable energy industries in the United States and internationally. Valued at $916.2M, FET is a small-cap name in its sector. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole.
Market Cap
$916.2M
Beta
0.59
P/E (TTM)
—
P/E (Fwd)
16.10
EPS (TTM)
$-0.07
EPS (Fwd)
$4.96
ROE
-0.5%
ROA
2.7%
Cash
$33.7M
Total Debt
$227.5M
Free CF
$63.8M
52W Change
193.9%
Annual Financials
Cash vs Debt
Where FET stands vs its 150-day and 200-day moving averages
As of the August 26, 2026 close, FET finished 33.99% above its 150-day moving average ($57.13) and 48.58% above its 200-day moving average ($51.52). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is FET overbought or oversold?
At the August 26, 2026 close, FET's RSI(14) was 52.0, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
The company holds $33.7M in cash, though total debt stands at $227.5M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Annual free cash flow of $63.8M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of -0.5% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 2.7% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $699.9M to $791.5M.
FET's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing FET.