Forum Energy Technologies: Skyrocketing in 2025 – What's Driving the Surge?

Forum Energy Technologies (FET) has been on a remarkable run in 2025, with its stock price increasing by 5.39% in just one year. This performance has left investors wondering what factors are driving this surge. By examining the company's strategic acquisitions, financial performance, and market position, we can gain insights into the reasons behind FET's impressive growth.



One of the key factors contributing to FET's stock price increase is its strategic acquisition of Variperm Energy Services, a leading manufacturer of customized downhole technology solutions. This acquisition enhanced FET's downhole and artificial lift product portfolio and expanded its global footprint. The combined company is expected to benefit from the complementary products and technologies, as well as the broader customer base. This strategic move has likely contributed to FET's stock price increase and is expected to be sustainable, given the strong industrial logic and the potential for revenue and cost synergies.



In addition to the Variperm acquisition, FET's strong financial performance has also contributed to its stock price increase. The company reported record first quarter cash generation in 2025, with cash from operating activities up 22% year over year and free cash flow up 18%. FET also achieved a quarterly record adjusted operating margin of 19.4%. These strong financial results indicate that FET is effectively managing its operations and generating value for shareholders. This trend is expected to continue, as the company has provided guidance for second quarter sales to be up sequentially and adjusted EPS to be up year over year and compared to the first quarter.

Another factor driving FET's stock price increase is its growth in international orders. The company has secured significant orders in the Middle East and Argentina, contributing to a 38% increase in drilling orders and expanding its market presence internationally. This growth in international orders is a positive trend that is expected to continue, given the company's strong global footprint and extensive customer base.



In conclusion, Forum Energy Technologies' (FET) stock price increase in 2025 can be attributed to several factors, including its strategic acquisition of Variperm Energy Services, strong financial performance, and growth in international orders. These trends are expected to continue, driving the company's value in the long term. As FET continues to innovate, expand its product offerings, and capitalize on growth opportunities, investors can expect the company to maintain its strong performance and market position.