Forum Energy Technologies (FET) is a public company. FET (Forum Energy Technologies, Inc.) is a global company, serving the crude oil, natural gas, and renewable energy industries. FET is headquartered in Houston, TX with quality manufacturing, efficient distribution, and service facilities conveniently located to support the major energy-producing regions of the world.

Forum’s products and services range from the underwater reservoir to the refinery, from the sea floor to the above ground transportation line. We pride ourselves on giving you a comprehensive offering of solutions to maximize your operations and improve your bottom line. Our customers are our partners and we work with them to solve their ever-changing challenges. Founded in 2005. It has 1,283 employees. Annual revenue is $791.5M. IPO 2012.

Transcript

Operator

Good morning, ladies and gentlemen, welcome to the Forum Energy Technologies second quarter 2026 earnings conference call. My name is Latif, I will be your coordinator for today's call. There is a process for entering the question-and-answer queue. To ask a question during the session, you will need to press star one one on your telephone. You will hear an automated message advising your hand is raised. To withdraw your question, please press star one one again. A link with instructions can be found on the company's investor relations website under the Events section. At this time, all participants are in listen-only mode, all lines have been placed on mute to prevent any background noise. This conference call is being recorded for replay purposes and will be available on the company's website. I will now turn the conference over to Rob Kukla, Director of Investor Relations. Please proceed, sir.

Rob Kukla — Director of Investor Relations

Thank you, Latif. Good morning, everyone, welcome to FET's second quarter 2026 earnings conference call. With me today are Neal Lux, our President and Chief Executive Officer, Lyle Williams, our Chief Financial Officer. Yesterday, we issued our earnings release, which is available on our website. We are relying on federal safe harbor protections for forward-looking statements. Listeners are cautioned that our remarks today will contain information other than historical information. These remarks should be considered in the context of all factors that affect our business, including those disclosed in FET's Form 10-K and other SEC