Dallas, Texas--(Newsfile Corp. - May 6, 2024) - Forum Energy Technologies, Inc. (NYSE: FET) Stonegate Capital Partners updates their coverage on Forum Energy Technologies, Inc. (NYSE: FET).

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Key Takeaways:

• Significant y/y FCF growth due to Variperm acquisition
• Drilling and completions EBITDA margin expansion of 86bps
• Artificial lift and equipment revenue growth of 33.9% y/y

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About Stonegate

Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking, equity research and capital raising for public and private companies.

Contacts:

Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com

Source: Stonegate, Inc.

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