Forum Energy Technologies Inc (NYSE:FET)
$ 19.38 -0.19 (-0.97%) Market Cap: 238.06 Mil Enterprise Value: 535.20 Mil PE Ratio: 0 PB Ratio: 0.53 GF Score: 66/100

Forum Energy Technologies Inc at JPMorgan Energy Conference Transcript

Jun 18, 2019 / 06:55PM GMT
Release Date Price: $70.4 (+2.03%)
Sean Christopher Meakim
JP Morgan Chase & Co, Research Division - Senior Equity Research Analyst

We're going to keep things moving forward. Next up, we have Forum Energy Technologies. We are joined by CEO, Cris Gaut. Cris, thank you for taking time to speak with us today.

Forum is among the more pure-play U.S. onshore equipment manufactures with a portfolio across drilling and completion, consumables and production and infrastructure equipment.

The company was established in 2010 as a portfolio roll-up within private equity firm SCF Partners and was subsequently IPO-ed in 2012. SCF retains a 20% ownership stake. Cris has been FET's Chairman since 2017 and as President and CEO since November of last year. This is Cris' second stint as CEO as he previously served in the same capacity from 2010 through 2017.

Please let me welcome Cris and Forum to the JP Morgan Energy Conference.

C. Christopher Gaut
Forum Energy Technologies, Inc. - President, CEO & Chairman of the Board

Well, thank you, Sean. It's a pleasure to be here.

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