Louis Raspino - Forum Energy Non-Executive Independent Director
| FET Stock | USD 18.48 0.17 0.91% |
Director
Mr. Louis A. Raspino, CPA, is Independent Director of Forum Energy Technologies Inc. He currently serves as Director, Chairman and Audit Committee member of Gulfmark Offshore, Inc., and as Director and member of the Compensation and Audit Committees of American Bureau of Shipping, a private company. He served as Chairman of Clarion Offshore Partners LLC, a Blackstone affiliate, from October 2015 to October 2017. Mr. Raspino was a private investor and consultant from June 2011 to present. Mr. Raspino was named President, Chief Executive Officer and a director of Pride International, Inc., a contract drilling company, in June 2005 and served in that capacity until its acquisition by Ensco plc in May 2011. He joined Pride International in December 2003 as Executive Vice President and Chief Financial Officer. From July 2001 until December 2003, he served as Senior Vice President, Finance and Chief Financial Officer of Grant Prideco, Inc. From February 1999 until March 2001, he held various senior financial positions, including Vice President of Finance for Halliburton Company. From October 1997 until July 1998, he was a Senior Vice President at Burlington Resources, Inc. From 1978, until its merger with Burlington Resources in 1997, he held a variety of positions of increasing responsibility at Louisiana Land and Exploration Company, most recently as Senior Vice President, Finance and Administration and Chief Financial Officer. since 2017.
| Age | 68 |
| Tenure | 7 years |
| Address | 10344 Sam Houston Park Drive, Houston, TX, United States, 77064 |
| Phone | 713 351 7900 |
| Web | https://www.f-e-t.com |
Forum Energy Management Efficiency
The company has Return on Asset of 0.0179 % which means that on every $100 spent on assets, it made $0.0179 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0525) %, meaning that it generated no profit with money invested by stockholders. Forum Energy's management efficiency ratios could be used to measure how well Forum Energy manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.04 in 2024, whereas Return On Tangible Assets are likely to drop (0.03) in 2024. At this time, Forum Energy's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 350.7 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 158.9 M in 2024.Similar Executives
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Management Performance
| Return On Equity | -0.0525 | ||||
| Return On Asset | 0.0179 |
Forum Energy Technologies Leadership Team
Elected by the shareholders, the Forum Energy's board of directors comprises two types of representatives: Forum Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Forum. The board's role is to monitor Forum Energy's management team and ensure that shareholders' interests are well served. Forum Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Forum Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Evelyn Angelle, Non-Executive Independent Director | ||
| John Ivascu, Executive Vice President, Chief Compliance Officer, General Counsel, Corporate Secretary | ||
| Steven Pounds, Senior Operations | ||
| Terence OToole, Independent Director | ||
| Christopher Gaut, Chairman, CEO and Pres | ||
| Michael Danford, Chief Human Resource Officer, Executive Vice President | ||
| John Schmitz, Non-Executive Independent Director | ||
| Michael McShane, Non-Executive Lead Independent Director | ||
| David Baldwin, Independent Director | ||
| Katherine Keller, Senior Officer | ||
| Pradyumna Iyyanki, President CEO, Director | ||
| John Carrig, Non-Executive Independent Director | ||
| Pablo Mercado, Chief Financial Officer, Senior Vice President and Treasurer | ||
| John McElroy, Principal Accounting Officer | ||
| James Harris, CFO and Executive VP | ||
| David Williams, Executive CFO | ||
| Franklin Myers, Lead Independent Director | ||
| Andrew Waite, Non-Executive Independent Director | ||
| James McCulloch, Chief Compliance Officer and Special Advisor to CEO | ||
| Mark Brookes, Senior Operations | ||
| Lyle Williams, Vice President - Operations Finance | ||
| Neal Lux, Chief Operating Officer, Executive Vice President | ||
| Tylar Schmitt, VP Treasurer | ||
| Emily Reichert, Non-Executive Independent Director | ||
| C Gaut, Chairman of the Board, President, Chief Executive Officer | ||
| Prady Iyyanki, COO and Executive VP | ||
| Rob Kukla, Director Relations | ||
| Louis Raspino, Non-Executive Independent Director | ||
| D Williams, Chief Financial Officer, Executive Vice President | ||
| Paul Rowsey, Non-Executive Independent Director |
Forum Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Forum Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.0525 | ||||
| Return On Asset | 0.0179 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 382.24 M | ||||
| Shares Outstanding | 12.28 M | ||||
| Shares Owned By Insiders | 9.86 % | ||||
| Shares Owned By Institutions | 55.89 % | ||||
| Number Of Shares Shorted | 128.34 K | ||||
| Price To Earning | 9.35 X |
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Complementary Tools for Forum Stock analysis
When running Forum Energy's price analysis, check to measure Forum Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forum Energy is operating at the current time. Most of Forum Energy's value examination focuses on studying past and present price action to predict the probability of Forum Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forum Energy's price. Additionally, you may evaluate how the addition of Forum Energy to your portfolios can decrease your overall portfolio volatility.
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Is Forum Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forum Energy. If investors know Forum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forum Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.58) | Earnings Share (1.85) | Revenue Per Share 72.353 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0179 |
The market value of Forum Energy Technologies is measured differently than its book value, which is the value of Forum that is recorded on the company's balance sheet. Investors also form their own opinion of Forum Energy's value that differs from its market value or its book value, called intrinsic value, which is Forum Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forum Energy's market value can be influenced by many factors that don't directly affect Forum Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forum Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forum Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forum Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.