Forum Energy Technologies Impresses with a Strong Outlook — Stock Gears Up!

Forum Energy Technologies develops and manufactures highly specialized equipment for the oil and gas industry, ranging from drilling to production and underwater infrastructure. On February 19, the company presented strong numbers for the fourth quarter, entering 2026 with a massive order backlog of $312 million. This is the highest level in 11 years and represents a growth of 46% compared to the previous year. Although business for drilling equipment in the U.S. has recently stagnated, Forum Energy is noticeably growing through international...