Forum Energy Technologies, Inc.
FETEnergyNASDAQOil & Gas Equipment & Services · Last scanned Oct 26, 2026
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Daily timeframeForum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, defense, and renewable energy industries in the United States and internationally. The company carries a $980.3M market cap, placing it firmly in the small-cap category. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole.
Market Cap
$980.3M
Beta
0.68
P/E (TTM)
—
P/E (Fwd)
17.57
EPS (TTM)
$-0.16
EPS (Fwd)
$4.96
ROE
-0.5%
ROA
2.7%
Cash
$33.7M
Total Debt
$227.5M
Free CF
$63.8M
52W Change
181.3%
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. Return on equity stands at -0.5%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. 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.
With a beta below 0.7, Forum Energy Technologies, Inc. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. Forum Energy Technologies, Inc. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Forum Energy Technologies, Inc.'s trajectory.