Forum Energy raises 2026 outlook to $900M-$920M revenue amid Premiere Torque Rings acquisition

Management framed Q3 as strong execution that supported another guidance raise and an accretive bolt-on acquisition, emphasizing a capital-light model converting activity and market-share gains into cash. Leadership highlighted international growth without "meaningful order cancellations" tied to the Middle East conflict, outlined cautious commercial structures in Venezuela to control credit risk, and positioned the balance sheet and free cash flow for continued share repurchases, selective M&A, and optionality around the 2029 bond that becomes callable in May 2027.