Forum Energy Technologies, Inc.
Forum Energy Technologies, Inc. (NYSE: FET) is trading at $82.44, about ₹7,916 at today's USD/INR rate, as of 25 Sep 2026, 2:03 PM ET, down 1.43% today. Indian residents can buy Forum Energy Technologies from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$82.03
Today's high
$85.30
52 week low
$25.07
52 week high
$87.42
FET opened at $83.22, closed previously at $83.64, and has traded between $25.07 and $87.42 over the past 52 weeks.
About
Forum Energy Technologies, Inc. is a global provider that develops, produces, and distributes essential equipment and services for the oil and natural gas, industrial, and renewable energy industries, operating in both the United States and internationally. The company organizes its operations into three main segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and provides products and related services for drilling, well construction, artificial lift, and subsea energy infrastructure markets. Its applications span oil and natural gas, renewable energy, defense, and communications. Offerings in this division include capital drilling equipment and various consumables for the drilling process; well casing and cementing tools, alongside protective gear for artificial lift systems and cables; and advanced subsea technologies such as remotely operated vehicles (ROVs), trenchers, submarine rescue vehicles, specialized components, and complementary technical services. The Completions segment supplies a range of equipment for well completion and intervention services. This encompasses hydraulic fracturing pumps, cooling systems, high-pressure flexible hoses, and flow iron, catering to pressure pumping, hydraulic fracturing, and flowback operations. Additionally, it offers wireline cable, pressure control apparatus, coiled tubing strings, and coiled line pipe. The Production segment is dedicated to developing, manufacturing, and supplying products, equipment, and associated services for production and infrastructure needs. Its portfolio includes custom engineered process systems, various types of production equipment, specialized separation units, and a broad array of industrial valves. These serve a diverse customer base, including oil and natural gas companies, power generation facilities, renewable energy projects, and other general industrial applications. Forum Energy Technologies, Inc. was established in 2005, initially named Forum Oilfield Technologies, Inc., before rebranding to its current name in August 2010. The company's headquarters are located in Houston, Texas.
Key statistics
Avg. volume
185.53K
Market cap
$931.93M
P/E Ratio
-587.96
Price-to-sales ratio
1.12
Enterprise value
$1.13B
Free cash flow yield
5.71%
Debt-to-equity ratio
0.79
Return on equity
-0.55%
ROIC
-0.37%
Beta
0.59
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$791.47M
Earnings per share
-$0.81
Free cash flow
$64.39M
Net profit margin
-0.19%
Gross margin
28.04%
EBITDA
$68.65M
Revenue growth
-3.06%
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This is not an investment recommendation
How to buy Forum Energy Technologies from India
Indian residents can buy Forum Energy Technologies shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Forum Energy Technologies and place an order
Find Forum Energy Technologies by name or by its ticker, FET, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Forum Energy Technologies trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Forum Energy Technologies position in USD and INR. Forum Energy Technologies pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Forum Energy Technologies from India
Trading and taxes when buying Forum Energy Technologies from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneForum Energy Technologies does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Forum Energy Technologies stock?
Yes. Forum Energy Technologies (FET) has been listed on the New York Stock Exchange since 2012, in the Oil & Gas Equipment & Services industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Forum Energy Technologies share cost in rupees?
One Forum Energy Technologies share is $82.44 — about ₹7,916 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Forum Energy Technologies price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Forum Energy Technologies from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Forum Energy Technologies?
Yes. One Forum Energy Technologies share is $82.44, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Forum Energy Technologies.
How are gains on Forum Energy Technologies shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Forum Energy Technologies price. Paasa issues a capital-gains statement for your return.
Does Forum Energy Technologies pay a dividend?
No. Forum Energy Technologies does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Forum Energy Technologies from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Forum Energy Technologies shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Forum Energy Technologies shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Forum Energy Technologies holding, its cost and its closing value.
How do I sell Forum Energy Technologies and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.