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Revenue by Segment
Shows sales by major business lines (e.g., equipment, services, aftermarket), indicating which parts of the company drive growth and how sensitive overall revenue is to oilfield capex cycles or recurring service demand.Starting in 2024 Forum clearly restructured reporting—legacy Drilling, Completions and Production lines disappear and revenue is concentrated in two new segments (Drilling & Completions; Artificial Lift & Downhole). That shift masks comparability but reflects a strategic consolidation: these two buckets now drive the company’s record backlog and the top‑line momentum management is banking on. Positive: strong book‑to‑bill, subsea/international strength and cash generation support guidance and buybacks. Risk: U.S. softness, product‑mix/tariff pressure and reliance on working‑capital timing could compress near‑term margins and cash conversion.
Date | Eliminations | Drilling & Downhole | Completions | Production | Drilling & Completions | Artificial Lift & Downhole |
|---|---|---|---|---|---|---|
Jun 30, 2026 | -$209.00K | $0.00 | $0.00 | $0.00 | $139.00M | $87.42M |
Mar 31, 2026 | -$137.00K | $0.00 | $0.00 | $0.00 | $126.74M | $82.10M |
Dec 31, 2025 | -$177.00K | $0.00 | $0.00 | $0.00 | $126.92M | $75.46M |
Sep 30, 2025 | -$219.00K | $0.00 | $0.00 | $0.00 | $117.47M | $78.98M |
Jun 30, 2025 | -$20.00K | $0.00 | $0.00 | $0.00 | $117.24M | $82.55M |
Mar 31, 2025 | -$86.00K | $0.00 | $0.00 | $0.00 | $115.57M | $77.80M |
Dec 31, 2024 | -$9.00K | $0.00 | $0.00 | $0.00 | $51.08M | $89.94M |
Sep 30, 2024 | -$7.00K | $0.00 | $0.00 | $0.00 | $123.59M | $84.23M |
Jun 30, 2024 | $15.00K | $0.00 | $0.00 | $0.00 | $177.03M | $88.17M |
Mar 31, 2024 | -$21.00K | $0.00 | $0.00 | $0.00 | $119.07M | $83.34M |