Forum Energy Technologies (FET) Competitors

$56.22 +0.13 (+0.22%)

Closing price 05/15/2026 03:59 PM Eastern

Extended Trading

$56.23 +0.01 (+0.02%)

As of 05/15/2026 06:39 PM Eastern

FET vs. PTEN, HAL, NBR, NOV, and OIS

Should you buy Forum Energy Technologies stock or one of its competitors? MarketBeat compares Forum Energy Technologies with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Forum Energy Technologies include Patterson-UTI Energy (PTEN), Halliburton (HAL), Nabors Industries (NBR), NOV (NOV), and Oil States International (OIS). These companies are all part of the "energy" sector.

How does Forum Energy Technologies compare to Patterson-UTI Energy?

Forum Energy Technologies (NYSE:FET) and Patterson-UTI Energy (NASDAQ:PTEN) are both energy companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, media sentiment, profitability, risk, earnings, analyst recommendations, dividends and valuation.

Patterson-UTI Energy has a consensus target price of $11.80, indicating a potential downside of 4.99%. Given Patterson-UTI Energy's higher probable upside, analysts clearly believe Patterson-UTI Energy is more favorable than Forum Energy Technologies.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Forum Energy Technologies	1 Sell rating(s)	0 Hold rating(s)	0 Buy rating(s)	1 Strong Buy rating(s)	2.50
Patterson-UTI Energy	2 Sell rating(s)	4 Hold rating(s)	7 Buy rating(s)	1 Strong Buy rating(s)	2.50

65.6% of Forum Energy Technologies shares are owned by institutional investors. Comparatively, 97.9% of Patterson-UTI Energy shares are owned by institutional investors. 7.7% of Forum Energy Technologies shares are owned by company insiders. Comparatively, 2.2% of Patterson-UTI Energy shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Forum Energy Technologies has a beta of 0.6, meaning that its stock price is 40% less volatile than the broader market. Comparatively, Patterson-UTI Energy has a beta of 0.64, meaning that its stock price is 36% less volatile than the broader market.

In the previous week, Forum Energy Technologies had 1 more articles in the media than Patterson-UTI Energy. MarketBeat recorded 4 mentions for Forum Energy Technologies and 3 mentions for Patterson-UTI Energy. Patterson-UTI Energy's average media sentiment score of 0.96 beat Forum Energy Technologies' score of 0.89 indicating that Patterson-UTI Energy is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Forum Energy Technologies	3 Very Positive mention(s)	0 Positive mention(s)	0 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Patterson-UTI Energy	1 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 has a net margin of -0.78% compared to Patterson-UTI Energy's net margin of -2.56%. Forum Energy Technologies' return on equity of 4.15% beat Patterson-UTI Energy's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Forum Energy Technologies	-0.78%	4.15%	1.61%
Patterson-UTI Energy	-2.56%	-2.32%	-1.37%

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Forum Energy Technologies	$791.47M	0.80	-$9.66M	-$0.59	N/A
Patterson-UTI Energy	$4.66B	1.01	-$93.64M	-$0.31	N/A

Summary

Patterson-UTI Energy beats Forum Energy Technologies on 9 of the 15 factors compared between the two stocks.

How does Forum Energy Technologies compare to Halliburton?

Forum Energy Technologies (NYSE:FET) and Halliburton (NYSE:HAL) are both energy companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, media sentiment, profitability, risk, earnings, analyst recommendations, dividends and valuation.

65.6% of Forum Energy Technologies shares are owned by institutional investors. Comparatively, 85.2% of Halliburton shares are owned by institutional investors. 7.7% of Forum Energy Technologies shares are owned by company insiders. Comparatively, 0.6% of Halliburton shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Halliburton has a consensus target price of $42.45, indicating a potential upside of 1.78%. Given Halliburton's stronger consensus rating and higher probable upside, analysts clearly believe Halliburton is more favorable than Forum Energy Technologies.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Forum Energy Technologies	1 Sell rating(s)	0 Hold rating(s)	0 Buy rating(s)	1 Strong Buy rating(s)	2.50
Halliburton	1 Sell rating(s)	5 Hold rating(s)	18 Buy rating(s)	0 Strong Buy rating(s)	2.71

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Forum Energy Technologies	$791.47M	0.80	-$9.66M	-$0.59	N/A
Halliburton	$22.17B	1.57	$1.28B	$1.82	22.92

In the previous week, Halliburton had 27 more articles in the media than Forum Energy Technologies. MarketBeat recorded 31 mentions for Halliburton and 4 mentions for Forum Energy Technologies. Halliburton's average media sentiment score of 1.17 beat Forum Energy Technologies' score of 0.89 indicating that Halliburton is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Forum Energy Technologies	3 Very Positive mention(s)	0 Positive mention(s)	0 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Halliburton	22 Very Positive mention(s)	3 Positive mention(s)	4 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Halliburton has a net margin of 6.95% compared to Forum Energy Technologies' net margin of -0.78%. Halliburton's return on equity of 19.04% beat Forum Energy Technologies' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Forum Energy Technologies	-0.78%	4.15%	1.61%
Halliburton	6.95%	19.04%	7.96%

Forum Energy Technologies has a beta of 0.6, meaning that its stock price is 40% less volatile than the broader market. Comparatively, Halliburton has a beta of 0.73, meaning that its stock price is 27% less volatile than the broader market.

Summary

Halliburton beats Forum Energy Technologies on 15 of the 17 factors compared between the two stocks.

How does Forum Energy Technologies compare to Nabors Industries?

Nabors Industries (NYSE:NBR) and Forum Energy Technologies (NYSE:FET) are both small-cap energy companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, earnings, risk, dividends, media sentiment, valuation, analyst recommendations and profitability.

81.9% of Nabors Industries shares are held by institutional investors. Comparatively, 65.6% of Forum Energy Technologies shares are held by institutional investors. 5.4% of Nabors Industries shares are held by insiders. Comparatively, 7.7% of Forum Energy Technologies shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Nabors Industries currently has a consensus target price of $93.63, indicating a potential downside of 11.10%. Given Nabors Industries' higher possible upside, analysts clearly believe Nabors Industries is more favorable than Forum Energy Technologies.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nabors Industries	1 Sell rating(s)	5 Hold rating(s)	2 Buy rating(s)	0 Strong Buy rating(s)	2.13
Forum Energy Technologies	1 Sell rating(s)	0 Hold rating(s)	0 Buy rating(s)	1 Strong Buy rating(s)	2.50

Nabors Industries has higher revenue and earnings than Forum Energy Technologies. Forum Energy Technologies is trading at a lower price-to-earnings ratio than Nabors Industries, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Nabors Industries	$3.21B	0.49	$286.62M	$12.77	8.25
Forum Energy Technologies	$791.47M	0.80	-$9.66M	-$0.59	N/A

In the previous week, Nabors Industries had 13 more articles in the media than Forum Energy Technologies. MarketBeat recorded 17 mentions for Nabors Industries and 4 mentions for Forum Energy Technologies. Forum Energy Technologies' average media sentiment score of 0.89 beat Nabors Industries' score of 0.88 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
Nabors Industries	2 Very Positive mention(s)	2 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Forum Energy Technologies	3 Very Positive mention(s)	0 Positive mention(s)	0 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Nabors Industries has a net margin of 7.32% compared to Forum Energy Technologies' net margin of -0.78%. Forum Energy Technologies' return on equity of 4.15% beat Nabors Industries' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Nabors Industries	7.32%	-8.66%	-1.59%
Forum Energy Technologies	-0.78%	4.15%	1.61%

Nabors Industries has a beta of 1.01, suggesting that its stock price is 1% more volatile than the broader market. Comparatively, Forum Energy Technologies has a beta of 0.6, suggesting that its stock price is 40% less volatile than the broader market.

Summary

Nabors Industries beats Forum Energy Technologies on 10 of the 17 factors compared between the two stocks.

How does Forum Energy Technologies compare to NOV?

NOV (NYSE:NOV) and Forum Energy Technologies (NYSE:FET) are both energy companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, earnings, risk, dividends, media sentiment, valuation, analyst recommendations and profitability.

93.3% of NOV shares are held by institutional investors. Comparatively, 65.6% of Forum Energy Technologies shares are held by institutional investors. 1.2% of NOV shares are held by insiders. Comparatively, 7.7% of Forum Energy Technologies shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
NOV	$8.69B	0.84	$145M	$0.24	84.76
Forum Energy Technologies	$791.47M	0.80	-$9.66M	-$0.59	N/A

NOV currently has a consensus target price of $19.36, indicating a potential downside of 4.85%. Given NOV's higher possible upside, analysts clearly believe NOV is more favorable than Forum Energy Technologies.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NOV	3 Sell rating(s)	10 Hold rating(s)	3 Buy rating(s)	1 Strong Buy rating(s)	2.12
Forum Energy Technologies	1 Sell rating(s)	0 Hold rating(s)	0 Buy rating(s)	1 Strong Buy rating(s)	2.50

In the previous week, NOV had 19 more articles in the media than Forum Energy Technologies. MarketBeat recorded 23 mentions for NOV and 4 mentions for Forum Energy Technologies. Forum Energy Technologies' average media sentiment score of 0.89 beat NOV's score of 0.80 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
NOV	9 Very Positive mention(s)	7 Positive mention(s)	3 Neutral mention(s)	3 Negative mention(s)	0 Very Negative mention(s)	Positive
Forum Energy Technologies	3 Very Positive mention(s)	0 Positive mention(s)	0 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

NOV has a beta of 0.92, suggesting that its stock price is 8% less volatile than the broader market. Comparatively, Forum Energy Technologies has a beta of 0.6, suggesting that its stock price is 40% less volatile than the broader market.

NOV has a net margin of 1.05% compared to Forum Energy Technologies' net margin of -0.78%. Forum Energy Technologies' return on equity of 4.15% beat NOV's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
NOV	1.05%	3.34%	1.90%
Forum Energy Technologies	-0.78%	4.15%	1.61%

Summary

NOV beats Forum Energy Technologies on 12 of the 16 factors compared between the two stocks.

How does Forum Energy Technologies compare to Oil States International?

Oil States International (NYSE:OIS) and Forum Energy Technologies (NYSE:FET) are both small-cap energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, valuation, risk, earnings, media sentiment, dividends, profitability and analyst recommendations.

97.4% of Oil States International shares are held by institutional investors. Comparatively, 65.6% of Forum Energy Technologies shares are held by institutional investors. 7.6% of Oil States International shares are held by insiders. Comparatively, 7.7% of Forum Energy Technologies shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Forum Energy Technologies has higher revenue and earnings than Oil States International. Forum Energy Technologies is trading at a lower price-to-earnings ratio than Oil States International, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Oil States International	$668.99M	0.81	-$109.38M	-$1.94	N/A
Forum Energy Technologies	$791.47M	0.80	-$9.66M	-$0.59	N/A

Oil States International currently has a consensus price target of $13.33, indicating a potential upside of 48.76%. Given Oil States International's higher probable upside, equities research analysts plainly believe Oil States International is more favorable than Forum Energy Technologies.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Oil States International	1 Sell rating(s)	1 Hold rating(s)	2 Buy rating(s)	0 Strong Buy rating(s)	2.25
Forum Energy Technologies	1 Sell rating(s)	0 Hold rating(s)	0 Buy rating(s)	1 Strong Buy rating(s)	2.50

In the previous week, Forum Energy Technologies had 2 more articles in the media than Oil States International. MarketBeat recorded 4 mentions for Forum Energy Technologies and 2 mentions for Oil States International. Forum Energy Technologies' average media sentiment score of 0.89 beat Oil States International's score of 0.27 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
Oil States International	0 Very Positive mention(s)	1 Positive mention(s)	1 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Neutral
Forum Energy Technologies	3 Very Positive mention(s)	0 Positive mention(s)	0 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Oil States International has a beta of 1.2, meaning that its share price is 20% more volatile than the broader market. Comparatively, Forum Energy Technologies has a beta of 0.6, meaning that its share price is 40% less volatile than the broader market.

Forum Energy Technologies has a net margin of -0.78% compared to Oil States International's net margin of -17.03%. Forum Energy Technologies' return on equity of 4.15% beat Oil States International's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Oil States International	-17.03%	3.62%	2.44%
Forum Energy Technologies	-0.78%	4.15%	1.61%

Summary

Forum Energy Technologies beats Oil States International on 10 of the 17 factors compared between the two stocks.

Get Forum Energy Technologies News Delivered to You Automatically

Subscribe Now

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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.

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.

FET vs. The Competition

Export

Metric	Forum Energy Technologies	OIL FLD MCH&EQP Industry	Energy Sector	NYSE Exchange
Market Cap	$637.21M	$1.72B	$10.85B	$22.74B
Dividend Yield	N/A	3.46%	10.19%	4.12%
P/E Ratio	-95.28	62.43	21.66	29.73
Price / Sales	0.80	1.73	1,042.48	23.27
Price / Cash	15.57	9.73	38.02	24.79
Price / Book	2.26	2.62	4.40	4.60
Net Income	-$9.66M	$36.97M	$4.25B	$1.06B
7 Day Performance	4.43%	2.28%	2.34%	-2.27%
1 Month Performance	0.31%	1.96%	6.31%	-1.66%
1 Year Performance	262.72%	65.45%	54.78%	21.94%

Forum Energy Technologies Competitors List

Export

Company	MarketRank	Share Price	Analysts' Price Target	1Y Price Performance	Market Cap	Revenue	P/E Ratio	Employee Count	Indicator(s)
FET Forum Energy Technologies	1.8115 of 5 stars	$56.22 +0.2%	N/A	+262.7%	$637.21M	$791.47M	N/A	1,700	Positive News Insider Trade
PTEN Patterson-UTI Energy	2.6407 of 5 stars	$12.06 +1.7%	$11.80 -2.2%	+103.3%	$4.50B	$4.83B	N/A	7,900	Gap Up
HAL Halliburton	4.0183 of 5 stars	$41.68 +3.5%	$41.91 +0.6%	+96.3%	$33.63B	$22.18B	22.90	46,000	Positive News Analyst Forecast
NBR Nabors Industries	2.6121 of 5 stars	$101.87 +1.7%	$93.63 -8.1%	+252.4%	$1.48B	$3.21B	7.98	13,900	Trending News Analyst Revision
NOV NOV	2.5874 of 5 stars	$20.58 +4.1%	$19.36 -6.0%	+58.8%	$7.10B	$8.74B	85.77	31,605	Options Volume

Related Companies and Tools

Related Companies

Top 10 Stock Comparisons

This page (NYSE:FET) was last updated on 5/17/2026 by MarketBeat.com Staff.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Forum Energy Technologies (FET) Competitors

FET vs. PTEN, HAL, NBR, NOV, and OIS

How does Forum Energy Technologies compare to Patterson-UTI Energy?

Summary

How does Forum Energy Technologies compare to Halliburton?

Summary

How does Forum Energy Technologies compare to Nabors Industries?

Summary

How does Forum Energy Technologies compare to NOV?

Summary

How does Forum Energy Technologies compare to Oil States International?

Summary

New MarketBeat Followers Over Time

Media Sentiment Over Time

FET vs. The Competition

Forum Energy Technologies Competitors List

Related Companies and Tools

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Forum Energy Technologies (FET) Competitors

FET vs. PTEN, HAL, NBR, NOV, and OIS

How does Forum Energy Technologies compare to Patterson-UTI Energy?

Do analysts recommend FET or PTEN?

Do institutionals and insiders believe in FET or PTEN?

Which has more risk and volatility, FET or PTEN?

Does the media refer more to FET or PTEN?

Is FET or PTEN more profitable?

Which has preferable earnings & valuation, FET or PTEN?

Summary

How does Forum Energy Technologies compare to Halliburton?

Do institutionals and insiders believe in FET or HAL?

Do analysts recommend FET or HAL?

Which has preferable earnings & valuation, FET or HAL?

Does the media refer more to FET or HAL?

Is FET or HAL more profitable?

Which has more risk and volatility, FET or HAL?

Summary

How does Forum Energy Technologies compare to Nabors Industries?

Do insiders & institutionals have more ownership in NBR or FET?

Do analysts rate NBR or FET?

Which has higher valuation & earnings, NBR or FET?

Does the media prefer NBR or FET?

Is NBR or FET more profitable?

Which has more volatility and risk, NBR or FET?

Summary

How does Forum Energy Technologies compare to NOV?

Do insiders & institutionals have more ownership in NOV or FET?

Which has higher valuation & earnings, NOV or FET?

Do analysts rate NOV or FET?

Does the media prefer NOV or FET?

Which has more volatility and risk, NOV or FET?

Is NOV or FET more profitable?

Summary

How does Forum Energy Technologies compare to Oil States International?

Do institutionals & insiders have more ownership in OIS or FET?

Which has better valuation and earnings, OIS or FET?

Do analysts rate OIS or FET?

Does the media favor OIS or FET?

Which has more volatility & risk, OIS or FET?

Is OIS or FET more profitable?

Summary

New MarketBeat Followers Over Time

Media Sentiment Over Time

FET vs. The Competition

Forum Energy Technologies Competitors List

Related Companies and Tools

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools