Houston-based Forum Energy Technologies (NYSE:FET) is an oilfield products company which designs and manufactures products, as well as provides related services, for drilling, subsea, production, completion and infrastructure segments of the oil and gas industry. The company's competitive advantage lies in the diversity of its product portfolio. It has reported modest revenue growth and a drop in operating income in the first nine months of the current year. However, a closer look at this relatively young corporation reveals that it could be poised for long-term growth.
What is Forum Energy Technologies?
Broadly speaking, Forum Energy makes two kinds of products; the consumable products that are frequently replaced items consumed during exploration, development, production and transportation of oil and...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|
|PRO Top long ideas returned 21.7% in 2016**|