Detail akcie Forum Energy Tec Rg online

Business Summary: Forum Energy Technologies, Inc. is a global manufacturing company serving the oil, natural gas, industrial and renewable energy industries. The Company’s segments include Drilling and Completions and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation and intervention markets, including applications in the oil and natural gas, renewable energy, defense and communications industries. The Artificial Lift and Downhole segment designs, manufactures and supplies products and solutions for the artificial lift, well construction, production and infrastructure markets. The products and solutions consist of products designed to safeguard artificial lift equipment and downhole cables, well construction casing and cementing equipment and others. It also manufactures downhole technology solutions, providing sand and flow control products for heavy oil applications.
Financial Summary: BRIEF: For the six months ended 30 June 2024, Forum Energy Technologies Inc revenues increased 9% to $407.6M. Net loss increased 69% to $17M. Revenues reflect Canada segment increase of 29% to $36.3M. Higher net loss reflects Drilling and Completions segment income decrease of 75% to $2.9M, Artificial Lift and Downhole segment income decrease of 14% to $13.5M, Other segment loss increase from $282K to $1.4M.