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Forum Energy Technologies, Inc. (FET)

NYSE - NYSE Delayed price. Currency in USD
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14.65-0.45 (-2.98%)
At close: 4:00PM EST

Forum Energy Technologies, Inc.

10344 Sam Houston Park Drive
Suite 300
Houston, TX 77064
United States
713 351 7900
http://www.f-e-t.com

Sector(s)Energy
IndustryOil & Gas Equipment & Services
Full-time employees2,300

Key executives

NameTitlePayExercisedYear born
Mr. C. Christopher GautPres, CEO & Chairman1.25MN/A1956
Mr. David Lyle Williams Jr.Exec. VP & CFO446.03kN/A1970
Mr. John C. IvascuExec. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec.520.08kN/A1978
Mr. Michael D. DanfordSr. VP & Chief HR Officer419.87kN/A1963
Mr. Neal LuxExec. VP of OperationsN/AN/A1976
Mr. John McElroyPrincipal Accounting Officer & Corp. ControllerN/AN/A1984
William AustinVP of Corp. Devel. & Investor RelationsN/AN/AN/A
Ms. Donna SmithDirector of Marketing & CommunicationsN/AN/AN/A
Mr. Tylar K. SchmittVP of Fin. & TreasurerN/AN/A1973
Amounts are as of 31 December 2019, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Forum Energy Technologies, Inc. designs, manufactures, and distributes products to the oil and natural gas industry in the United States and internationally. The company operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and supplies products and provide related services to the drilling, downhole, and subsea markets, and other markets, such as alternative energy, defense, and communications. This segment offers drilling technologies consisting of capital equipment and a line of products consumed in the drilling; downhole technologies, such as cementing and casing tools, and protection products for artificial lift equipment and cables; and subsea technologies, including robotic vehicles and other capital equipment, specialty components and tools, complementary subsea technical services and rental items, and products used in pipeline infrastructure. The Completions segment provides products and related services to the coiled tubing, stimulation, and intervention markets. This segment offers stimulation and intervention technologies, including hydraulic fracturing pumps, pump consumables, cooling systems, flow iron, wireline cable, and pressure control equipment as well as related recertification and refurbishment services; and coiled tubing products consisting of coiled tubing strings and line pipes. The Production segment designs, manufactures, and supplies products, and provides related equipment and services to the production and infrastructure markets. This segment supplies production equipment, including well site production and process equipment; and a range of industrial and process valves. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.

Corporate governance

Forum Energy Technologies, Inc.’s ISS governance QualityScore as of 1 December 2020 is 6. The pillar scores are Audit: 1; Board: 5; Shareholder rights: 9; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.