Forum Energy Technologies, Inc. (FET): A Bull Case Theory

We came across a bullish thesis on Forum Energy Technologies, Inc. (FET) on Substack by Unemployed Value Degen. In this article, we will summarize the bulls’ thesis on FET. Forum Energy Technologies, Inc. (FET)'s share was trading at $16.31 as of May 14^th. FET’s forward P/E was 8.67 according to Yahoo Finance.

[caption id="attachment_1211413" align="aligncenter" width="768"] A crowded drilling platform in the Western Canada Sedimentary Basin, the workers handling oil and natural gas equipment.[/caption]

Forum Energy Technologies (FET) is navigating a difficult macro...