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Forum Energy Technologies (FET) Competitors

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$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
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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?

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

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

Patterson-UTI Energy has a consensus price target of $11.80, suggesting 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

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Forum Energy Technologies$791.47M0.80-$9.66M-$0.59N/A
Patterson-UTI Energy$4.66B1.01-$93.64M-$0.31N/A

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%

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

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

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 earnings, institutional ownership, risk, dividends, valuation, profitability, media sentiment and analyst recommendations.

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 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
Forum Energy Technologies$791.47M0.80-$9.66M-$0.59N/A
Halliburton$22.17B1.57$1.28B$1.8222.92

Halliburton has a consensus price target of $42.45, suggesting 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 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%

65.6% of Forum Energy Technologies shares are held by institutional investors. Comparatively, 85.2% of Halliburton shares are held by institutional investors. 7.7% of Forum Energy Technologies shares are held by insiders. Comparatively, 0.6% of Halliburton shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

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

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

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 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
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

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
Forum Energy Technologies$791.47M0.80-$9.66M-$0.59N/A
Nabors Industries$3.21B0.49$286.62M$12.778.25

Nabors Industries has a consensus price target of $93.63, suggesting a potential downside of 11.10%. Given Nabors Industries' higher probable 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
Forum Energy Technologies
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.50
Nabors Industries
1 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.13

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
Forum Energy Technologies-0.78% 4.15% 1.61%
Nabors Industries 7.32%-8.66%-1.59%

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

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

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

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 hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

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 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
NOV
9 Very Positive mention(s)
7 Positive mention(s)
3 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive

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$791.47M0.80-$9.66M-$0.59N/A
NOV$8.69B0.84$145M$0.2484.76

NOV has a consensus price target of $19.36, suggesting a potential downside of 4.85%. Given NOV's higher possible 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)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.50
NOV
3 Sell rating(s)
10 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.12

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%

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

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?

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 companies based on the strength of their earnings, analyst recommendations, media sentiment, institutional ownership, risk, valuation, profitability and dividends.

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

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

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$791.47M0.80-$9.66M-$0.59N/A
Oil States International$668.99M0.81-$109.38M-$1.94N/A

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%

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 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
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

Oil States International has a consensus price target of $13.33, indicating a potential upside of 48.76%. Given Oil States International's higher possible upside, 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
Forum Energy Technologies
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.50
Oil States International
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25

Summary

Forum Energy Technologies beats Oil States International on 10 of the 17 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

MetricForum Energy TechnologiesOIL FLD MCH&EQP IndustryEnergy SectorNYSE Exchange
Market Cap$637.21M$1.72B$10.85B$22.74B
Dividend YieldN/A3.46%10.19%4.12%
P/E Ratio-95.2862.4321.6629.73
Price / Sales0.801.731,042.4823.27
Price / Cash15.579.7338.0224.79
Price / Book2.262.624.404.60
Net Income-$9.66M$36.97M$4.25B$1.06B
7 Day Performance4.43%2.28%2.34%-2.27%
1 Month Performance0.31%1.96%6.31%-1.66%
1 Year Performance262.72%65.45%54.78%21.94%

Forum Energy Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FET
Forum Energy Technologies
1.8115 of 5 stars
$56.22
+0.2%
N/A+262.7%$637.21M$791.47MN/A1,700
PTEN
Patterson-UTI Energy
2.6407 of 5 stars
$12.06
+1.7%
$11.80
-2.2%
+103.3%$4.50B$4.83BN/A7,900
HAL
Halliburton
4.0183 of 5 stars
$41.68
+3.5%
$41.91
+0.6%
+96.3%$33.63B$22.18B22.9046,000
NBR
Nabors Industries
2.6121 of 5 stars
$101.87
+1.7%
$93.63
-8.1%
+252.4%$1.48B$3.21B7.9813,900
NOV
NOV
2.595 of 5 stars
$20.58
+4.1%
$19.36
-6.0%
+58.8%$7.10B$8.74B85.7731,605

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