Forum Energy Technologies Announces Timing of First Quarter 2024 Earnings Conference Call

Full Year 2024 Highlights and 2025 Guidance Revenue: $816 million, a 10% year-over-year increase Orders: $780 million and book-to-bill ratio of 96% Net loss: $135 million Adjusted EBITDA: $100 million, a 49% increase from 2023 Operating cash flow and free cash flow: $92 million and $105 million, respectively Shareholder return program: $2 million repurchased in January 2025 2025 adjusted EBITDA guidance: $85 - $105 million Forum Energy Technologies, Inc. (NYSE:FET) today announced fourth quarter 2024 revenue of $201 million and orders of $190 million. Fourth quarter net loss of $104 million includes a non-cash, pre-tax intangible asset impairment of $119 million and an $11

Forum Energy Technologies, Inc. (NYSE:FET) today announced that Mr. C. Christopher Gaut plans to retire from the FET Board of Directors at the end of his term and not stand for re-election at FET's 2025 annual meeting of stockholders. Mr. Gaut was first elected as a director of Forum Oilfield Technologies in 2006. In 2010, following his retirement from Halliburton, where he led a distinguished career as Chief Financial Officer, Mr. Gaut developed a strategy leading to the creation of Forum Energy Technologies. He subsequently led FET through its initial public offering in 2012 as our Chief Executive Officer and Chairman of the Board. Mr. Michael McShane, FET's Lead Independent Director, s

Flowchem ("Flowchem" or the "Company") and SCF Partners ("SCF") are pleased to announce several personnel additions. Flowchem is a leading global player in the drag reducing agent ("DRA") market, providing custom-engineered specialty chemicals to help customers around the world optimize the performance of their infrastructure. These key appointments bolster the already-strong management team in place at the time of the Company's acquisition in 2024, positioning it for continued growth and industry leadership. Shivali Agarwal has been appointed as Chief Operating Officer ("COO"). Shivali brings decades of industry operating experience in roles across the globe, most recently serving as Gr

4 - FORUM ENERGY TECHNOLOGIES, INC. (0001401257) (Issuer)

4 - FORUM ENERGY TECHNOLOGIES, INC. (0001401257) (Issuer)

4 - FORUM ENERGY TECHNOLOGIES, INC. (0001401257) (Issuer)

4 - FORUM ENERGY TECHNOLOGIES, INC. (0001401257) (Issuer)

4 - FORUM ENERGY TECHNOLOGIES, INC. (0001401257) (Issuer)

DEFA14A - FORUM ENERGY TECHNOLOGIES, INC. (0001401257) (Filer)

DEF 14A - FORUM ENERGY TECHNOLOGIES, INC. (0001401257) (Filer)

PRE 14A - FORUM ENERGY TECHNOLOGIES, INC. (0001401257) (Filer)

Flowchem ("Flowchem" or the "Company") and SCF Partners ("SCF") are pleased to announce several personnel additions. Flowchem is a leading global player in the drag reducing agent ("DRA") market, providing custom-engineered specialty chemicals to help customers around the world optimize the performance of their infrastructure. These key appointments bolster the already-strong management team in place at the time of the Company's acquisition in 2024, positioning it for continued growth and industry leadership. Shivali Agarwal has been appointed as Chief Operating Officer ("COO"). Shivali brings decades of industry operating experience in roles across the globe, most recently serving as Gr

MISSISSAUGA, Ontario, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Bird Construction Inc. (TSX:BDT) is pleased to announce the appointment of Evelyn Angelle to its Board of Directors (the "Board"), effective immediately. Ms. Angelle will fill a vacancy on the Board, bringing the total number of directors to 10. Ms. Angelle, a private investor, philanthropist and director, joins the Board with a distinguished background in public company finance and public accounting, having held senior leadership positions at Halliburton Company after a 15-year career in the audit practice of Ernst & Young LLP. A certified public accountant in Texas and certified management accountant, Ms. Angelle's expertise will b

Forum Energy Technologies, Inc. (NYSE:FET) today announced the appointment of Ms. Leslie Beyer to its board of directors. Ms. Beyer will also serve as a member of the Nominating, Governance and Sustainability Committee. Ms. Beyer is the former Chief Executive Officer of the Energy Workforce and Technology Council (EWTC), the global energy technology and services association representing over 650,000 employees in the energy workforce. Before joining the EWTC, Ms. Beyer spent 15 years in Washington, DC serving in the U.S. Senate, U.S. State Department, and White House Executive Office of the President. Ms. Beyer has led collaborative efforts across the energy industry and received numerous

Forum Energy Technologies, Inc. (NYSE:FET) announced today that it will host its fourth quarter and full year 2024 earnings conference call at 10:00 a.m. Central Time on Friday, February 21, 2025. FET will issue a press release reporting its fourth quarter and full year 2024 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants who want to ask a question during the call should register on FET's Investor Relations website page or click here to receive the dial-in numbers and a unique PIN. Participants are encouraged to join the call approximately ten minutes prior to the start time. A replay of t

Forum Energy Technologies, Inc. (NYSE:FET) announced today that it will host its third quarter 2024 earnings conference call at 10:00 a.m. Central Time on Friday, November 1, 2024. FET will issue a press release reporting its third quarter 2024 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants who want to ask a question during the call should register on FET's Investor Relations website page or click here to receive the dial-in numbers and a unique PIN. Participants are encouraged to join the call approximately ten minutes prior to the start time. A replay of the call will be available on the

Forum Energy Technologies, Inc. (NYSE:FET) announced today that it will host its second quarter 2024 earnings conference call at 10:00 a.m. Central Time on Friday, August 2, 2024. FET will issue a press release reporting its second quarter 2024 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants who want to ask a question during the call should register on FET's Investor Relations website page or click here to receive the dial-in numbers and a unique PIN. Participants are encouraged to join the call approximately ten minutes prior to the start time. A replay of the call will be available on th

SC 13G/A - FORUM ENERGY TECHNOLOGIES, INC. (0001401257) (Subject)

SC 13G/A - FORUM ENERGY TECHNOLOGIES, INC. (0001401257) (Subject)

SC 13G/A - FORUM ENERGY TECHNOLOGIES, INC. (0001401257) (Subject)