Forum Energy Technologies Inc.  (FET)
Other Ticker:  

Forum Energy Technologies Inc's



FET Sales vs. its Competitors Q2 2022

Comparing the results to its competitors, Forum Energy Technologies Inc reported Total Revenue increase in the 2 quarter 2022 by 25.34 % year on year.
The sales growth was above Forum Energy Technologies Inc's competitors average revenue growth of 10.18 %, recorded in the same quarter.

List of FET Competitors

With net margin of 5.38 % company achieved higher profitability than its competitors.

More on FET Margin Comparisons

Revenue Growth Comparisons

Net Income Comparison

Forum Energy Technologies Inc. achieved net profit of $9.26 millions compare to net loss of $-21.81 millions recorded in same quarter a year ago.

<<  More on FET Income Comparisons

Forum Energy Technologies Inc's Comment on Competitors and Industry Peers

The markets in which we operate are highly competitive. We compete with a number of companies, some of which have greater financial and other resources than we do. The principal competitive factors in our markets are product quality and performance, price, breadth of product offering, availability of products and services, distribution capabilities, responsiveness to customer needs and reputation for service. We believe our products and services in each segment are at least comparable in price, quality, performance and dependability with our competitors' offerings. We seek to differentiate ourselves from our competitors by providing a rapid response to the needs of our customers, a high level of customer service, and innovative product development initiatives. Some of our competitors expend greater amounts of money on formal research and engineering efforts than we do. We believe, however, that our product development efforts are enhanced by the investment of management time we make to improve our customer service and to work with our customers on their specific product needs and challenges.
Although we have no single competitor across all of our product lines, the companies we compete with across the greatest number of our product lines include Cameron International Corporation (a subsidiary of Schlumberger), Exterran Corp., National Oilwell Varco, Inc., TechnipFMC plc, Weatherford International, Ltd., and Weir SPM, a subsidiary of The Weir Group.


Overall company Market Share Q2 2022

Due to strong revenue growth of 25.34 % in Overall company Forum Energy Technologies Inc. improved its market share, to approximate 0.34 %.

<<  More on FET Market Share.
*Market share is calculated based on total revenue.

FET's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)

(in millions of $)
(in millions of $)
(in millions of $)
Forum Energy Technologies Inc. FET 222.30 606.00 -33.00 2,050
Basic Energy Services Inc BASX 1 377.22 -160.57 0
Baker Hughes Holdings Llc BHI 0 20,460.00 -386.00 0
Core Laboratories N.v. CLB 688 479.32 9.11 4,600
Diamond Offshore Drilling Inc. DO 741 792.61 -804.69 0
Dover Corp DOV 18,004 8,218.12 2,541.60 23,000
Forbes Energy Services Ltd FES 0 160.50 -116.58 843
Fluor Corporation FLR 4,092 12,680.95 -152.53 37,508
Technipfmc Plc FTI 4,157 6,375.70 -238.50 20,300
General Electric Company GE 74,218 74,485.00 -4,443.00 174,000
Halliburton Company HAL 25,579 17,495.00 1,448.00 42,500
Jacobs Engineering Group Inc. J 14,463 14,628.26 543.72 55,000
Nabors Industries Ltd. NBR 1,095 2,267.19 -469.59 0
Nuverra Environmental Solutions Inc NES 35 97.31 -25.83 0
Nextier Oilfield Solutions Inc. NEX 2,059 2,380.85 44.11 0
Nov Inc. NOV 6,907 6,133.00 -87.00 29,593
Rpc inc. RES 1,585 1,153.69 79.62 3,500
Schlumberger Limited SLB 56,219 24,807.00 2,663.00 86,000
Superior Energy Services Inc SPNX 3 543.68 -291.04 0
Expro Group Holdings N.v. XPRO 1,516 1,217.21 -110.87 0
SUBTOTAL 211,584.93 195,358.43 9.65 478,894

Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production


Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales


Event Calendar

BKYI's Profile

Stock Price

BKYI's Financials

Business Description


Charts & Quotes

BKYI's News


BKYI's Competitors

Customers & Markets

Economic Indicators

BKYI's Growth

Company Segments


Stock Performance

Growth Rates




Financial Strength


Largest Companies

Management Effectivness


At a Glance


Growth Rates



Financial Strength


At a Glance



Sectors & Industries






About us


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.    Copyright © 2022 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071