Forum Energy Technologies Inc (FET) Options

$20 + 30% Forum Energy Technologies Announces Third Quarter 2024 Results; Raises Free Cash Flow GuidanceOctober 31 2024 - 4:26PM
Business Wire
Revenue: $208 million, a 16% year-over-year increaseOrders: $206 million and book-to-bill of 99%Net loss: $15 million, or $1.20 per diluted shareAdjusted EBITDA: $26 million, up 55% year-over-yearOperating cash flow and free cash flow: $26 million and $25 million, respectivelyRaises 2024 full year free cash flow guidance: $60 to $70 million

This is a queer duck - reverse splits keep it on the NYSE and it relies on the viability of petroleum as an energy source.

https://www.investing.com/news/stock-market-news/earnings-call-forum-energy-technologies-reports-transformative-year-93CH-3323245#:~:text=Revenue%20and%20EBITDA%20grew%20by,Subsea%20Technologies%20and%20production%20equipment.

Bought a lot more last week:)

Started buying today.
Easy double over next 12 months. $75 within 30 months. Yawn.

all I can say is that Jersey highways are full of cars...most I've seen since March....gas me up !!

Walk up before run...

Very encouraging to see
Need oil to keep going up.
Hope things are starting to turn around

CEO buys 125K shares......OIL coming back???

Something is up.... 11.5 million shares today
Average last 10 is 3.3 million

Hope it’s good and not bad
Go FET!

Oh it will

News: $FET Forum Energy Technologies, Inc. Announces Preliminary Results of Pending Exchange Offer

Forum Energy Technologies, Inc. (“Forum” or the “Company”) (NYSE: FET) today announced that as of the preliminary tender deadline, which was 5:00 p.m. ET on July 17, 2020, participation in its pending exchange offer for the 6.25% senior notes due 2021 fell short of...

Find out more FET - Forum Energy Technologies, Inc. Announces Preliminary Results of Pending Exchange Offer

Chart of PSV and FET here's an idea where this is going

https://www.otcmarkets.com/stock/PSV/overview

great stock underwater

let see how high it will fly this next days

* * $FET Video Chart 06-08-2020 * *

Link to Video - click here to watch the technical chart video

+.87. +67%.

FET

Would love to see this get back up to pre-March levels. As economy opens back up, no reason why that shouldn’t happen in my view.

.50

FET

Strong! Like it! @ 40. OPEC meeting tomorrow. Imho.

FET

This could go ballistic soon. Way undervalued. Interesting to see what happens at the OPEC meeting tomorrow or June 9-10. Good time to load up.

Revenge of the shorts today.

That would be nice! Was hoping it would consolidate in the .50s for next leg

another up day premarket! .70 and above soon. Hoping this has a run like OAS did a couple weeks ago

Gap has been filled, nice lil consolidation, now break .60

Hope so let’s see if we can break .60s $FET

Strong day ahead!

$FET

This should close in high 40s, if not low 50s, run to $1.00 next week!!

FET looking to still run from yesterday. up 16% pre

Good luck .

i like it, going lower before gap fill tho

100%+ gains already... :)

Lol 30% cool...

What the party just started haha $FET

I’m out $AVGR$ next

GETTING SQUEEZED!!!

BOOOMMM!!!

Weeeeeeeeee

50s next

Look for .40 break... time to fill gap

Looking good here $FET

People need to buy back before it’s too late, 50+ soon $$$

People cashing out way too soon, the party did not start yet !!

They need to get this to a dollar haha

We should 40s got hit so hard in the premarket .

Awesome let’s see .50s $FET

Or buyback shares since it’s so cheap now, either way it’s good news for shareholders .

So looks like news is they are offering to pay off some notes?

38s up, news out .

35s after hours .

Shorter get ready breakout coming, we got 4 digits trading !!!

Looks like we have something today, over 2M volume already, yesterday volume 3.7M !!!