Forum Energy Technologies is a global manufacturing company that designs and produces highly engineered capital equipment and consumable products for the oil and gas, defense, and renewable energy industries. The company operates through two main segments—Drilling and Completions and Artificial Lift and Downhole—offering a broad range of products including tubular handling equipment, remotely operated vehicles, subsea components, pumps, valves, well intervention systems, downhole protection tools, and production processing equipment. Its customer base spans oil and natural gas operators, oilfield service companies, pipeline and refinery operators, and defense contractors; the company generates revenue primarily from consumable products and activity-based equipment, with the remainder from capital equipment sales and rental services.