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Forum Energy Technologies, Inc. (FET)

34.05 Up 0.62(1.85%) Aug 29, 4:03PM EDT
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Forum Energy Technologies, Inc.
920 Memorial City Way
Suite 1000
Houston, TX 77024
United States - Map
Phone: 281-949-2500
Fax: 281-949-2554

Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Equipment & Services
Full Time Employees:3,500

Business Summary 

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 in two segments, Drilling & Subsea, and Production & Infrastructure. The Drilling & Subsea segment designs and manufactures products, and provides related services to the subsea, drilling, well construction, completion, and intervention markets. This segment also offers subsea technologies, including robotic vehicles and other capital equipment, specialty components and tooling, complementary subsea technical services and rental items, and applied products for subsea pipelines; drilling technologies consisting of capital equipment and a line of products consumed in the drilling and well intervention process; and down hole technologies comprising cementing and casing tools, completion products, and down hole protection solutions. The Production & Infrastructure segment designs and manufactures products, and provides related equipment and services to the well stimulation, completion, production, and infrastructure markets. This segment supplies flow equipment, such as well stimulation consumable products, and related recertification and refurbishment services; production equipment, including well site production equipment and process equipment; and valve solutions consisting of a range of industrial and process valves. The company is headquartered in Houston, Texas.

Key Statistics

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Corporate Governance 
Forum Energy Technologies, Inc.’s ISS Governance QuickScore as of Aug 1, 2014 is 2. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 7; Compensation: 1.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. C. Christopher Gaut , 58
Chairman, Chief Exec. Officer and Pres
Mr. James Whelan Harris , 55
Chief Financial Officer and Sr. VP
Mr. James L. McCulloch , 61
Sr. VP, Gen. Counsel and Sec.
Mr. Wendell R. Brooks , 64
Exec. VP and Pres of Production & Infrastructure
Mr. Pablo G. Mercado , 37
VP of Corp. Strategy and Treasurer
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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