Forum Energy Technologies (FET) Competitors

$19.45
-0.05 (-0.26%)
(As of 04/24/2024 ET)

FET vs. NGS, GEOS, FTK, SMLP, PHX, MMLP, EGY, MTR, BROGW, and CHKEZ

Should you be buying Forum Energy Technologies stock or one of its competitors? The main competitors of Forum Energy Technologies include Natural Gas Services Group (NGS), Geospace Technologies (GEOS), Flotek Industries (FTK), Summit Midstream Partners (SMLP), PHX Minerals (PHX), Martin Midstream Partners (MMLP), VAALCO Energy (EGY), Mesa Royalty Trust (MTR), Brooge Energy (BROGW), and Chesapeake Energy (CHKEZ).

Forum Energy Technologies vs.

Natural Gas Services Group (NYSE:NGS) and Forum Energy Technologies (NYSE:FET) are both small-cap oils/energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, community ranking, media sentiment, earnings, institutional ownership, analyst recommendations, risk, valuation and profitability.

In the previous week, Natural Gas Services Group and Natural Gas Services Group both had 1 articles in the media. Natural Gas Services Group's average media sentiment score of 1.05 beat Forum Energy Technologies' score of 0.72 indicating that Forum Energy Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Natural Gas Services Group
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Forum Energy Technologies
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Natural Gas Services Group has higher earnings, but lower revenue than Forum Energy Technologies. Forum Energy Technologies is trading at a lower price-to-earnings ratio than Natural Gas Services Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Natural Gas Services Group$121.17M2.49$4.75M$0.3863.76
Forum Energy Technologies$738.90M0.32-$18.88M-$1.85-10.51

65.6% of Natural Gas Services Group shares are held by institutional investors. Comparatively, 65.6% of Forum Energy Technologies shares are held by institutional investors. 6.9% of Natural Gas Services Group shares are held by insiders. Comparatively, 6.2% of Forum Energy Technologies shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Forum Energy Technologies received 162 more outperform votes than Natural Gas Services Group when rated by MarketBeat users. However, 58.41% of users gave Natural Gas Services Group an outperform vote while only 53.46% of users gave Forum Energy Technologies an outperform vote.

CompanyUnderperformOutperform
Natural Gas Services GroupOutperform Votes
271
58.41%
Underperform Votes
193
41.59%
Forum Energy TechnologiesOutperform Votes
433
53.46%
Underperform Votes
377
46.54%

Natural Gas Services Group currently has a consensus price target of $26.00, indicating a potential upside of 7.30%. Given Forum Energy Technologies' higher probable upside, equities research analysts clearly believe Natural Gas Services Group is more favorable than Forum Energy Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Natural Gas Services Group
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Forum Energy Technologies
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Natural Gas Services Group has a net margin of 3.92% compared to Natural Gas Services Group's net margin of -2.56%. Forum Energy Technologies' return on equity of 2.37% beat Natural Gas Services Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Natural Gas Services Group3.92% 2.37% 1.28%
Forum Energy Technologies -2.56%-0.38%-0.19%

Natural Gas Services Group has a beta of 1.16, meaning that its share price is 16% more volatile than the S&P 500. Comparatively, Forum Energy Technologies has a beta of 2.6, meaning that its share price is 160% more volatile than the S&P 500.

Summary

Natural Gas Services Group beats Forum Energy Technologies on 12 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FET and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FET vs. The Competition

MetricForum Energy TechnologiesOil & gas field machinery IndustryEnergy SectorNYSE Exchange
Market Cap$239.53M$3.83B$8.13B$17.49B
Dividend YieldN/A2.17%11.37%3.52%
P/E Ratio-10.51120.6117.5620.63
Price / Sales0.321.1593.2510.27
Price / Cash6.0010.0010.9917.79
Price / Book0.481.953.454.91
Net Income-$18.88M$107.83M$986.94M$964.49M
7 Day Performance2.31%2.93%1.62%2.27%
1 Month Performance1.94%4.32%2.20%-2.07%
1 Year Performance-11.43%21.40%6.52%91.79%

Forum Energy Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NGS
Natural Gas Services Group
1.7974 of 5 stars
$23.36
-2.5%
$26.00
+11.3%
+129.7%$290.60M$121.17M61.48266Positive News
High Trading Volume
GEOS
Geospace Technologies
1.9292 of 5 stars
$12.37
-3.5%
N/A+62.3%$164.77M$124.51M6.65681Analyst Upgrade
News Coverage
Positive News
FTK
Flotek Industries
0 of 5 stars
$3.49
-0.9%
N/A-12.5%$103.51M$188.06M-26.85146Positive News
SMLP
Summit Midstream Partners
0.4174 of 5 stars
$28.19
-0.2%
N/A+77.3%$293.74M$458.90M-4.61244News Coverage
PHX
PHX Minerals
4.685 of 5 stars
$3.25
-0.3%
$5.20
+60.2%
+33.7%$121.56M$44.46M8.3220
MMLP
Martin Midstream Partners
3.6735 of 5 stars
$2.65
+7.3%
N/A+7.9%$103.35M$797.96M-22.081,619Analyst Revision
Gap Up
EGY
VAALCO Energy
2.5269 of 5 stars
$6.81
flat
N/A+50.9%$702.75M$455.07M12.15189Analyst Revision
News Coverage
MTR
Mesa Royalty Trust
0.3194 of 5 stars
$11.64
+1.8%
N/A-55.7%$21.65M$3.28M7.61N/ADividend Cut
BROGW
Brooge Energy
0 of 5 stars
$0.01
-90.0%
N/A-9.0%$0.00$116.05M0.0023Positive News
Gap Down
CHKEZ
Chesapeake Energy
0 of 5 stars
$78.23
flat
N/A+18.6%$0.00$7.78B0.001,000Positive News

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This page (NYSE:FET) was last updated on 4/25/2024 by MarketBeat.com Staff

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