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Forum Energy Technologies (FET) Competitors

Forum Energy Technologies logo
$52.99 +0.55 (+1.05%)
Closing price 03:59 PM Eastern
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$52.82 -0.18 (-0.34%)
As of 07:34 PM Eastern
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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?

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

97.9% of Patterson-UTI Energy shares are held by institutional investors. Comparatively, 65.6% of Forum Energy Technologies shares are held by institutional investors. 2.2% of Patterson-UTI Energy shares are held by insiders. Comparatively, 7.7% 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 company will outperform the market over the long term.

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
Patterson-UTI Energy-2.56% -2.32% -1.37%
Forum Energy Technologies -0.78%4.15%1.61%

Forum Energy Technologies has lower revenue, but higher earnings 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Patterson-UTI Energy$4.83B0.79-$93.64M-$0.31N/A
Forum Energy Technologies$791.47M0.76-$9.66M-$0.59N/A

Patterson-UTI Energy has a beta of 0.62, indicating that its share price is 38% less volatile than the broader market. Comparatively, Forum Energy Technologies has a beta of 0.54, indicating that its share price is 46% less volatile than the broader market.

In the previous week, Patterson-UTI Energy had 8 more articles in the media than Forum Energy Technologies. MarketBeat recorded 10 mentions for Patterson-UTI Energy and 2 mentions for Forum Energy Technologies. Forum Energy Technologies' average media sentiment score of 1.62 beat Patterson-UTI Energy's score of 1.26 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
Patterson-UTI Energy
6 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Forum Energy Technologies
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Patterson-UTI Energy currently has a consensus target price of $12.15, indicating a potential upside of 20.30%. Given Patterson-UTI Energy's stronger consensus rating and higher possible upside, analysts plainly believe Patterson-UTI Energy is more favorable than Forum Energy Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Patterson-UTI Energy
2 Sell rating(s)
4 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.47
Forum Energy Technologies
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

Summary

Patterson-UTI Energy beats Forum Energy Technologies on 10 of the 16 factors compared between the two stocks.

How does Forum Energy Technologies compare to Halliburton?

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

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
Halliburton6.95% 19.04% 7.96%
Forum Energy Technologies -0.78%4.15%1.61%

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Halliburton$22.18B1.33$1.28B$1.8219.34
Forum Energy Technologies$791.47M0.76-$9.66M-$0.59N/A

85.2% of Halliburton shares are held by institutional investors. Comparatively, 65.6% of Forum Energy Technologies shares are held by institutional investors. 0.6% of Halliburton shares are held by insiders. Comparatively, 7.7% 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 company will outperform the market over the long term.

Halliburton has a beta of 0.71, indicating that its share price is 29% less volatile than the broader market. Comparatively, Forum Energy Technologies has a beta of 0.54, indicating that its share price is 46% less volatile than the broader market.

Halliburton currently has a consensus target price of $43.27, indicating a potential upside of 22.95%. Given Halliburton's stronger consensus rating and higher possible upside, analysts plainly believe Halliburton is more favorable than Forum Energy Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Halliburton
1 Sell rating(s)
5 Hold rating(s)
19 Buy rating(s)
0 Strong Buy rating(s)
2.72
Forum Energy Technologies
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

In the previous week, Halliburton had 31 more articles in the media than Forum Energy Technologies. MarketBeat recorded 33 mentions for Halliburton and 2 mentions for Forum Energy Technologies. Forum Energy Technologies' average media sentiment score of 1.62 beat Halliburton's score of 0.75 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
Halliburton
13 Very Positive mention(s)
7 Positive mention(s)
10 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive
Forum Energy Technologies
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Summary

Halliburton beats Forum Energy Technologies on 14 of the 16 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 superior stock? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, dividends, profitability, media sentiment, valuation, risk and earnings.

81.9% of Nabors Industries shares are held by institutional investors. Comparatively, 65.6% of Forum Energy Technologies shares are held by institutional investors. 5.3% of Nabors Industries shares are held by company insiders. Comparatively, 7.7% of Forum Energy Technologies shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

In the previous week, Nabors Industries had 16 more articles in the media than Forum Energy Technologies. MarketBeat recorded 18 mentions for Nabors Industries and 2 mentions for Forum Energy Technologies. Forum Energy Technologies' average media sentiment score of 1.62 beat Nabors Industries' score of 0.97 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
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Forum Energy Technologies
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Nabors Industries has a beta of 0.96, meaning that its stock price is 4% less volatile than the broader market. Comparatively, Forum Energy Technologies has a beta of 0.54, meaning that its stock price is 46% less volatile than the broader market.

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 Industries7.32% -8.66% -1.59%
Forum Energy Technologies -0.78%4.15%1.61%

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nabors Industries$3.21B0.38$286.62M$12.776.49
Forum Energy Technologies$791.47M0.76-$9.66M-$0.59N/A

Nabors Industries currently has a consensus target price of $100.57, suggesting a potential upside of 21.33%. Given Nabors Industries' stronger consensus rating and higher possible upside, research 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
0 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.50
Forum Energy Technologies
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

Summary

Nabors Industries beats Forum Energy Technologies on 12 of the 17 factors compared between the two stocks.

How does Forum Energy Technologies compare to NOV?

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

NOV has a consensus target price of $20.50, suggesting a potential upside of 4.74%. Given NOV's stronger consensus rating and higher probable upside, analysts plainly believe NOV 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)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
NOV
2 Sell rating(s)
10 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.24

Forum Energy Technologies has a beta of 0.54, meaning that its share price is 46% less volatile than the broader market. Comparatively, NOV has a beta of 0.91, meaning that its share price is 9% 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
Forum Energy Technologies-0.78% 4.15% 1.61%
NOV 1.05%3.34%1.90%

65.6% of Forum Energy Technologies shares are held by institutional investors. Comparatively, 93.3% of NOV shares are held by institutional investors. 7.7% of Forum Energy Technologies shares are held by insiders. Comparatively, 1.2% of NOV shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Forum Energy Technologies$791.47M0.76-$9.66M-$0.59N/A
NOV$8.74B0.80$145M$0.2481.55

In the previous week, NOV had 11 more articles in the media than Forum Energy Technologies. MarketBeat recorded 13 mentions for NOV and 2 mentions for Forum Energy Technologies. Forum Energy Technologies' average media sentiment score of 1.62 beat NOV's score of 0.73 indicating that Forum Energy Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Forum Energy Technologies
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
NOV
7 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

NOV beats Forum Energy Technologies on 14 of the 17 factors compared between the two stocks.

How does Forum Energy Technologies compare to Oil States International?

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

Forum Energy Technologies has a beta of 0.54, indicating that its share price is 46% less volatile than the broader market. Comparatively, Oil States International has a beta of 1.08, indicating that its share price is 8% more 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
Forum Energy Technologies-0.78% 4.15% 1.61%
Oil States International -17.03%3.62%2.44%

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Forum Energy Technologies$791.47M0.76-$9.66M-$0.59N/A
Oil States International$668.99M0.74-$109.38M-$1.94N/A

65.6% of Forum Energy Technologies shares are held by institutional investors. Comparatively, 97.4% of Oil States International shares are held by institutional investors. 7.7% of Forum Energy Technologies shares are held by company insiders. Comparatively, 7.6% of Oil States International shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Oil States International has a consensus target price of $11.67, indicating a potential upside of 41.50%. Given Oil States International's stronger consensus rating and higher probable upside, analysts clearly believe Oil States International 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)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
Oil States International
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25

In the previous week, Forum Energy Technologies had 2 more articles in the media than Oil States International. MarketBeat recorded 2 mentions for Forum Energy Technologies and 0 mentions for Oil States International. Forum Energy Technologies' average media sentiment score of 1.62 beat Oil States International's score of 1.05 indicating that Forum Energy Technologies is being referred to more favorably in the media.

Company Overall Sentiment
Forum Energy Technologies Very Positive
Oil States International Positive

Summary

Forum Energy Technologies beats Oil States International on 9 of the 16 factors compared between the two stocks.

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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

Export
MetricForum Energy TechnologiesOIL FLD MCH&EQP IndustryEnergy SectorNYSE Exchange
Market Cap$592.80M$1.61B$10.10B$23.43B
Dividend YieldN/A3.84%11.32%4.16%
P/E Ratio-89.8251.9219.2330.65
Price / Sales0.761.82397.6321.12
Price / Cash14.488.7536.7418.81
Price / Book2.071.594.084.74
Net Income-$9.66M$36.19M$4.24B$1.07B
7 Day Performance4.93%-2.05%-0.06%-0.25%
1 Month Performance2.84%-1.03%-0.91%0.69%
1 Year Performance169.96%45.52%28.84%16.39%

Forum Energy Technologies Competitors List

Export
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FET
Forum Energy Technologies
1.6036 of 5 stars		$52.99
+1.1%		N/A+165.1%$592.80M$791.47MN/A1,700
PTEN
Patterson-UTI Energy
3.7717 of 5 stars		$9.86
+1.9%		$12.15
+23.2%		+68.7%$3.67B$4.83BN/A7,900
HAL
Halliburton
4.8796 of 5 stars		$35.46
+0.7%		$43.32
+22.2%		+66.0%$29.41B$22.18B19.4846,000
NBR
Nabors Industries
4.2703 of 5 stars		$83.49
-0.2%		$100.57
+20.5%		+177.6%$1.24B$3.21B6.5413,900
NOV
NOV
2.6627 of 5 stars		$19.33
+1.0%		$20.43
+5.7%		+51.5%$6.87B$8.74B80.5331,605

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This page (NYSE:FET) was last updated on 7/20/2026 by MarketBeat.com Staff.
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