Feed / Theme
Confirmed

Oil & Gas Equipment · FET

3 names are moving together; 67% are participating in the current session.

Co-movement

Observed intraday paths are not available for this group yet.

Members

TICKERCompanySectorTodayObserved activity
FTITechnipFMC plcEnergy+2.1%Group member
BAKBraskem SABasic Materials-0.4%Group member
FETForum Energy Technologies, Inc.Energy+3.5%Most structurally connected

Why we believe this

Cohort

3 names

Participation

67% this session

Observed history

1 daily builds

Filing coverage

2/3 members

demand / volume affecting revenue

The decrease from the decline in global drilling and completion activity was partially offset by higher revenue recognized from ROVs and LARS projects and increased coiled line pipe sales due to growing demand in the U.S. and a large offshore project.

FET 10-Q

credit / rates affecting interest expense

We incurred $4.1 million of interest expense during the three months ended March 31, 2026, a decrease of $0.8 million compared to the three months ended March 31, 2025, due to decreased borrowings.

FET 10-Q

capital investment / capacity affecting capex

Net cash provided by (used in) investing activities Net cash provided by investing activities was $9.6 million for the year ended December 31, 2025, mainly related to $14.6 million proceeds from sale-leaseback transactions, partially offset by capital expenditures of $6.0 million.

FET 10-K

Oil & Gas Equipment can stay leader-led if secondary names fail to join while FET keeps moving.

Connected, outside the group

No high-confidence filing-linked non-members are available for this group yet.

History

Historical cohort observations are not available yet.