| Forum Energy Technologies is an oilfield products company. Co.'s segments include: Drilling and Downhole, which provides drilling technologies including capital equipment and products consumed in the drilling process, downhole technologies including cementing and casing tools and protection products, and subsea technologies including robotic vehicles and other capital equipment; Completions, which provides stimulation and intervention technologies including hydraulic fracturing pumps and pump consumables, and coiled tubing products including coiled tubing strings and coiled line pipe; and Production, which supplies production equipment including well site production and process equipment. We show 37 historical shares outstanding datapoints in our FET shares outstanding history coverage, used to compute FET market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FET market cap history over the course of time is important for investors
interested in comparing FET's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of FET versus a peer is one thing; comparing
FET market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like FET can fluctuate over the course of history.
With this page we aim to empower investors researching FET by allowing them to research the FET market cap history.