Forum Energy Technologies, Inc. FET

FET Company Overview

Forum Energy Technologies, Inc. (FET) is a U.S.-based oilfield products company that designs, manufactures, and distributes equipment and engineered solutions primarily for the energy industry. The company operates across the upstream oil and gas value chain, with products serving drilling, subsea, completion, production, and infrastructure applications. FET also provides industrial and environmental technologies serving adjacent markets including defense, renewable energy, and industrial processing. The company’s primary revenue drivers include sales of capital equipment, replacement parts, consumable products, and aftermarket services tied to energy production activity and offshore development spending.

FET was formed in 2012 through the merger of several energy equipment businesses sponsored by private equity investors and subsequently became a publicly traded company listed on the New York Stock Exchange. Over time, the company expanded through acquisitions and portfolio consolidation, building a diversified product offering focused on both land and offshore energy markets. FET has positioned itself as a provider of specialized engineered products with exposure to recurring aftermarket demand, particularly in offshore and subsea applications where equipment reliability and technical expertise are critical competitive factors.