News Summary
Forum Energy Technologies, Inc. has announced its launch of a secondary listing on NYSE Texas, enhancing its presence in the financial community while reaffirming its Texas roots. The company, a leader in energy solutions, aims to broaden its investor base while maintaining its primary listing on the NYSE. This move highlights FET’s commitment to the Texas economy and its focus on environmental and social responsibility. As a Founding Member of NYSE Texas, FET is well-positioned to influence the future of energy listings in the region.
Exciting News from Dallas: Forum Energy Technologies Takes a Big Step!
In the heart of Dallas, Texas, the buzz in the business world is centered around Forum Energy Technologies, Inc. (NYSE: FET), as they’ve made a significant announcement that’s turning heads in the financial community. The company has officially stated that it will be launching a secondary listing of its common stock on NYSE Texas, a fully electronic equities exchange that calls Dallas home.
More Than Just Numbers
Before we dive into what this means for investors and the local economy, let’s look at what Forum Energy Technologies is all about. Though it excels on the global stage, its roots are firmly planted in Texas soil. With its headquarters based in Houston and nearly half of its workforce residing in the Lone Star State, it’s no surprise that Texas is where this dynamic company feels at home.
While NYSE Texas will act as an additional platform for FET’s stock, the NYSE will continue to be their primary exchange. This move speaks volumes about FET’s commitment to its Texas heritage while also reaching out to a broader audience of investors.
Making Waves in Energy
So, what exactly does Forum Energy Technologies do? Well, this innovative company is at the forefront of various sectors including oil, natural gas, industrial, and renewable energy. Essentially, they provide a range of value-added solutions that focus on increasing the safety and efficiency of energy exploration and production. With their finger on the pulse of energy trends, it’s no wonder they are regarded as a leader in their field.
A Homegrown Success Story
As a Founding Member of NYSE Texas, Forum Energy Technologies is not just making waves; they are setting the tone for future listings. Chris Taylor from the NYSE Group pointed out that FET is a vital contributor to growth and prosperity in the Texas economy. This is particularly noteworthy, considering the current state of the energy industry.
Corporate Responsibility at Heart
On top of all that, FET prioritizes environmental and social responsibility, a trait that exemplifies the best of Texas business culture. Their manufacturing, distribution, and service facilities stretch across the globe, but their headquarters in Houston serves as a testament to their dedication to community and sustainability.
Your Next Steps
Get ready to see how this secondary listing unfolds. With FET’s commitment to enhancing the safety and efficiency of energy sectors, it will be exciting to watch as they embrace the opportunities that come with listing on NYSE Texas. If you’re interested in keeping up with their latest news, you can check out their website at www.f-e-t.com.
Lastly, if you’re an investor eager to learn more or have specific inquiries, reach out to Rob Kukla, the Director of Investor Relations. You can find him at Rob.Kukla@f-e-t.com or give him a call at 281.994.3763.
So here’s to another exciting chapter for Forum Energy Technologies as they continue to foster growth within Texas and beyond. Whether you’re an investor, a business enthusiast, or simply someone who loves to see Texas companies thrive, this development is definitely one to watch!
Deeper Dive: News & Info About This Topic
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Author: STAFF HERE HOUSTON TX WRITER
HOUSTON STAFF WRITER The HOUSTON STAFF WRITER represents the experienced team at HEREHouston.com, your go-to source for actionable local news and information in Houston, Harris County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Houston Livestock Show and Rodeo, Art Car Parade, and Chevron Houston Marathon. Our coverage extends to key organizations like the Greater Houston Partnership and Houston Area Urban League, plus leading businesses in energy and healthcare that power the local economy such as ExxonMobil, Schlumberger, and Houston Methodist. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREDallas.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
