Blockchain Registration Transaction Record

Stonegate Capital Partners Updates Coverage on Forum Energy Technologies, Inc. After 1Q25 Results

Stonegate Capital Partners updates their coverage on Forum Energy Technologies, Inc. (NYSE: FET) after the company reports 1Q25 results slightly below expectations. Drilling segment shows growth while Artificial Lift segment faces challenges. Investors gain insights for informed decision-making.

This news matters as it provides insights into FET's financial performance for the first quarter of 2025, highlighting areas of growth and challenges faced by different segments. Investors and stakeholders can gain valuable information on FET's strategic focus, cash flows, capital allocation, and guidance amidst macroeconomic uncertainties, helping them make informed decisions.