Core Viewpoint - Forum Energy Technologies (FET) shares experienced a 5.4% increase, closing at $47.98, attributed to higher trading volume and a 15.2% gain over the past four weeks [1][2]. Group 1: Company Position and Market Demand - FET is well-positioned as a global supplier of energy equipment and services for the upstream oil and gas industry, as well as the industrial and renewable energy sectors, driven by rising global demand for oil and natural gas [2]. - Factors such as strong global GDP growth, ongoing urbanization, and increasing power requirements from AI data centers are contributing to higher energy demand [2]. Group 2: Future Expectations - The company anticipates U.S. LNG exports to nearly double by 2028, with global exploration and production companies needing to offset a decline of nearly 29 million barrels per day from existing fields while adding approximately 6 million barrels per day of new output by 2030 [3]. - FET expects rig counts to return to around 2023 peak levels, with service-intensity gains projected at about 7% annually [3]. Group 3: Financial Performance - FET is expected to report quarterly earnings of $0.36 per share, reflecting a year-over-year increase of 175%, while revenues are projected to be $190.5 million, a decrease of 5.2% from the previous year [4]. - The consensus EPS estimate for FET has remained unchanged over the last 30 days, indicating that stock price movements may be influenced by trends in earnings estimate revisions [6]. Group 4: Industry Context - FET holds a Zacks Rank of 1 (Strong Buy) and is part of the Zacks Oil and Gas - Mechanical and Equipment industry [7]. - In comparison, North American Construction (NOA), another stock in the same industry, saw a 4.6% increase, but has a Zacks Rank of 5 (Strong Sell) with a significant EPS estimate change of -29.5% over the past month [7][8].

Core Viewpoint - Forum Energy Technologies, Inc. has amended its senior secured asset-based lending credit facility to strengthen its balance sheet and enhance financial flexibility for strategic initiatives [2] Group 1: Credit Facility Details - The total commitments of the Credit Facility have been set at $250 million, providing significant flexibility for funding long-term debt retirement, organic investments, and acquisition opportunities [2] - The maturity of the Credit Facility has been extended to February 2031, subject to certain exceptions [2] - The total amount of letters of credit that may be issued has been increased to $110 million [2] - Interest rates on outstanding borrowings have been modified to an excess availability-based structure with improved pricing [2] Group 2: Company Overview - Forum Energy Technologies, Inc. is a global manufacturing company serving the oil, natural gas, defense, and renewable energy industries [3] - The company is headquartered in Houston, Texas, and focuses on providing value-added solutions to improve safety, efficiency, and environmental impact for its customers [3]

Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for profitable short-term investing, highlighting the use of a specific screening strategy to identify stocks with strong fundamentals and positive price momentum. Group 1: Investment Strategy - The "Recent Price Strength" screen is a unique short-term trading strategy that helps shortlist stocks with sufficient fundamental strength to maintain their recent uptrend [3] - This screening process focuses on stocks trading in the upper portion of their 52-week high-low range, indicating bullishness [3] Group 2: Company Analysis - Forum Energy Technologies (FET) - Forum Energy Technologies (FET) has shown a solid price increase of 56.9% over the past 12 weeks, indicating strong investor interest [4] - FET has maintained a price increase of 22% over the last four weeks, suggesting that the upward trend is still intact [5] - The stock is currently trading at 96.4% of its 52-week high-low range, indicating a potential breakout [6] Group 3: Fundamental Strength - FET holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6] - The Average Broker Recommendation for FET is also 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7] Group 4: Additional Insights - The article suggests that FET's price trend is unlikely to reverse soon, and encourages consideration of other stocks that meet the "Recent Price Strength" criteria [8] - The Zacks Rank stock-rating system has a strong historical performance, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7]

Company Overview - Forum Energy Technologies, Inc. (FET) is a global manufacturing company serving the oil, natural gas, defense, and renewable energy industries [3] - The company is headquartered in Houston, Texas, and focuses on providing value-added solutions to improve safety, efficiency, and environmental impact for its customers [3] Earnings Conference Call - FET will host its fourth quarter and full year 2025 earnings conference call on February 20, 2026, at 10:00 a.m. Central Time [1] - A press release reporting the earnings will be issued prior to the conference call [1] - The call will be available via webcast on FET's Investor Relations website, with a replay accessible after the call [2]

Market Overview - The U.S. stock market is expected to remain volatile due to investor concerns regarding the leadership of the Federal Reserve and the potential for a government shutdown [1] Investment Opportunities - Low-beta stocks such as Futu Holdings Limited (FUTU), Forum Energy Technologies Inc (FET), Dollar General Corporation (DG), and SK Telecom (SKM) are highlighted as potential investment opportunities amid market volatility [1][8] Company Insights - **Futu Holdings**: This company offers fully digitalized financial services and has been experiencing rapid growth as clients invest more, indicating increased trust from both local and international investors [6] - **Forum Energy Technologies**: Positioned to benefit from rising global energy demand, FET focuses on reducing debt and making strategic investments to strengthen its balance sheet and support long-term growth [7][8] - **Dollar General**: Known for providing affordable everyday essentials, DG is expanding its store presence and is expected to grow steadily, creating long-term wealth for shareholders [9] - **SK Telecom**: A leading mobile service provider, SKM is integrating AI into its core business operations, focusing on digital transformation and AI services to enhance long-term shareholder value [10]

Core Insights - U.S. stock markets have started 2026 positively, with all three major indexes in positive territory and a strong fourth-quarter 2025 earnings season projected [1] - The Federal Reserve is expected to maintain the current lending rate range in January [1] - A selection of stocks has shown significant price strength, particularly those on a recent bull run, indicating potential for continued momentum [1][2] Stock Performance Highlights - RF Industries Ltd. (RFIL) has seen a stock price increase of 79.6% over the past four weeks, with an expected earnings growth rate of 7.5% for the current year [7][6] - Betterware de México S.A.P.I. de C.V. (BWMX) experienced a 32.7% price jump in four weeks, supported by a 44.4% expected earnings growth rate [9][8] - Forum Energy Technologies Inc. (FET) has climbed 17.9% in stock price over the past four weeks, with an expected earnings growth rate exceeding 100% [11][10] - Krystal Biotech Inc. (KRYS) shares rose 10.5% in four weeks, with expected earnings growth of 31.6% for the current year [14][12] - Mama's Creations Inc. (MAMA) advanced 9.5% in stock price, with an expected earnings growth of 84.6% for the current year [16][15] Screening Parameters for Stock Selection - Stocks must show a percentage change in price greater than zero over the last four weeks, indicating upward movement [4] - A percentage change in price greater than 10% over the last 12 weeks is required to ensure sustained momentum [4] - Stocks must have a Zacks Rank of 1 (Strong Buy) and an average broker rating of 1, indicating strong future performance expectations [5] - Current stock prices must be above $5 and trading near their 52-week high, specifically more than 85% of the high-low range [6]

Group 1 - Forum Energy Technologies (FET) is part of the Oils-Energy group, which consists of 237 companies and is currently ranked 10 in the Zacks Sector Rank [2] - FET has a Zacks Rank of 1 (Strong Buy), indicating a positive outlook based on earnings estimates and revisions [3] - The Zacks Consensus Estimate for FET's full-year earnings has increased by 3.5% in the past quarter, reflecting improved analyst sentiment [4] Group 2 - FET has achieved a year-to-date performance increase of approximately 10.3%, outperforming the average sector return of 10% [4] - FET belongs to the Oil and Gas - Mechanical and Equipment industry, which includes 12 stocks and is currently ranked 40 in the Zacks Industry Rank [6] - Stocks in the Oil and Gas - Mechanical and Equipment industry have gained about 22.6% year-to-date, indicating that FET is slightly underperforming its industry [6] Group 3 - FTC Solar (FTCI) is another Oils-Energy stock that has outperformed the sector with a year-to-date increase of 10.2% [5] - The consensus EPS estimate for FTCI has risen by 62.2% over the past three months, and it holds a Zacks Rank of 2 (Buy) [5] - The Solar industry, to which FTCI belongs, has seen a year-to-date increase of 34% and is currently ranked 24 [7]

Summary of Forum Energy Technologies (FET) Conference Call Company Overview - **Company**: Forum Energy Technologies (NYSE:FET) - **Industry**: Energy sector, specifically oil and gas equipment manufacturing - **Segments**: - Artificial lift and downhole (42% of revenue) - Drilling and completion Core Points and Arguments 1. **Product Offerings**: - Provides products to energy companies like ExxonMobil and Saudi Aramco, enhancing hydrocarbon production efficiency by extending pump life and removing impurities [2][3] - Supplies drilling equipment to major oilfield service companies such as Halliburton and Schlumberger [2] 2. **Financial Performance**: - Achieved a compound annual growth rate (CAGR) of 15% in revenue from 2021 to 2024 [5] - EBITDA increased from $20 million in 2021 to $100 million in 2024, with margins rising from 4% to 12% [5] - Free cash flow growth of 73% annually since 2021, compared to a negative 2% for the Russell 2000 [6] 3. **Valuation Metrics**: - FET's free cash flow yield is four times higher than the average Russell 2000 stock [8] - Valuation metrics indicate FET is 2-3 times less expensive than the average Russell 2000 stock [8] 4. **Capital Returns**: - 50% of free cash flow allocated to net debt reduction, decreasing net debt from $344 million to $114 million (67% reduction) since 2019 [9] - 7% of shares repurchased in 2025, totaling approximately 1.1 million shares [9] 5. **Growth Strategy**: - Focused on targeted markets with limited competition, leveraging manufacturing know-how and intellectual property [10][11] - Anticipates revenue growth of 30% to $1 billion in a flat market scenario, with potential to double revenue to $1.6 billion in a growing market [19][21] 6. **Market Position**: - Holds a 36% market share in leadership markets, with an addressable market size of $1.5 billion [14] - Growth markets represent a $3 billion opportunity with an 8% market share, indicating significant potential for new customer acquisition [16] 7. **Innovation and Technology**: - Continuous innovation in product development to maintain competitive advantages and expand addressable markets [11] 8. **Subsea and Deep-water Projects**: - Approximately 10% of revenue tied to subsea products, with a strong backlog indicating future demand [23][26] Other Important Insights - **Book-to-Bill Ratio**: Currently at 122%, indicating higher than normal demand for capital equipment, particularly in international markets [27] - **Cost Savings Initiatives**: Management has implemented cost-saving measures totaling $15 million, contributing to a favorable outlook for the next year [26] - **Market Drivers**: Anticipated growth in global GDP and urbanization will drive oil and gas demand, necessitating efficient production solutions [20] This summary encapsulates the key insights from the Forum Energy Technologies conference call, highlighting the company's strong financial performance, strategic growth initiatives, and market positioning within the energy sector.

INVESTOR SUMMIT VIRTUAL CONFERENCE DECEMBER 9, 2025 Forward Looking Statements and Non-GAAP Reconciliation The statements made during this presentation, including the answers to your questions, may include information that the Company believes to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Forward-looking statements involve risk and uncertainties that may cause actual results or events to differ materially from those expressed or implied in such statemen ...

Group 1 - Forum Energy Technologies, Inc. (FET) will present at the Investor Summit Virtual Conference on December 9, 2025, at 9:00 a.m. Central Time [1] - The event is open access, and interested parties can register through a provided link [1] - A live webcast and presentation slides will be available on FET's website prior to the event [1] Group 2 - The Investor Summit is a virtual event that connects investors with small and microcap companies, allowing attendees to hear directly from company executives [2] - Attendees will have access to 1-on-1 meetings with company executives to discuss key strategies and milestones [2] Group 3 - FET is a global manufacturing company serving the oil, natural gas, industrial, and renewable energy industries [3] - The company is headquartered in Houston, Texas, and provides value-added solutions to improve safety, efficiency, and environmental impact for its customers [3]