Moody's Ratings (Moody's) affirmed Forum Energy Technologies, Inc.'s (Forum) Corporate Family Rating (CFR) at B3, Probability of Default Rating (PDR) at B3-PD, and senior secured notes' rating at Caa1. Forum's Speculative Grade Liquidity (SGL) rating was downgraded to SGL-4 from SGL-3. The outlook w...
Forum Energy Technologies (FET) provides technology solutions to the oil, natural gas, industrial, and renewable energy industries. The company’s products are designed to help customers safely increase operational efficiency and reduce the environmental impact of their activities. Product lines in the Drilling & Downhole and Completions segments are positioned to benefit from the E&P industry’s push toward longer lateral horizontal wells requiring more complex completion designs. Service intens...
Moody's Investors Service ("Moody's") commented that Forum Energy Technologies, Inc.'s (Forum) announced acquisition of Variperm Energy Services (Variperm) does not affect Forum's B3 Corporate Family Rating (CFR) and Caa1 rating on its senior secured notes, or the stable outlook. Forum's credit pr...
Moody's Investors Service ("Moody's") upgraded Forum Energy Technologies, Inc.'s (Forum) Corporate Family Rating (CFR) to B3 from Caa1 and secured notes rating to Caa1 from Caa2. Forum's Speculative Grade Liquidity (SGL) rating remains SGL-3. The outlook was changed to stable from positive. "The u...
Moody's Investors Service ("Moody's") changed Forum Energy Technologies, Inc.'s (Forum) outlook to positive from stable. Concurrently, Moody's affirmed Forum's Corporate Family Rating (CFR) at Caa1, Probability of Default Rating (PDR) at Caa1-PD and convertible senior secured notes rating at Caa2. T...
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
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