Forum Energy Technologies (FET) Competitors

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$50.33 +0.80 (+1.62%)
Closing price 06/26/2026 03:59 PM Eastern
Extended Trading
$52.00 +1.67 (+3.31%)
As of 06/26/2026 07:59 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 companies based on the strength of their earnings, valuation, media sentiment, analyst recommendations, risk, dividends, institutional ownership and profitability.

Patterson-UTI Energy has a beta of 0.61, indicating that its share price is 39% less volatile than the broader market. Comparatively, Forum Energy Technologies has a beta of 0.53, indicating that its share price is 47% less volatile than the broader market.

Patterson-UTI Energy currently has a consensus target price of $12.40, suggesting a potential upside of 29.30%. Given Patterson-UTI Energy's stronger consensus rating and higher probable upside, equities 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)
5 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.40
Forum Energy Technologies
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

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$4.83B0.75-$93.64M-$0.31N/A
Forum Energy Technologies$791.47M0.72-$9.66M-$0.59N/A

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 endowments, large money managers and hedge funds believe a company is poised for long-term growth.

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%

In the previous week, Patterson-UTI Energy had 5 more articles in the media than Forum Energy Technologies. MarketBeat recorded 7 mentions for Patterson-UTI Energy and 2 mentions for Forum Energy Technologies. Patterson-UTI Energy's average media sentiment score of 1.52 beat Forum Energy Technologies' score of 0.88 indicating that Patterson-UTI Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Patterson-UTI Energy
3 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Forum Energy Technologies
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Patterson-UTI Energy beats Forum Energy Technologies on 11 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 investment? We will compare the two companies based on the strength of their earnings, analyst recommendations, valuation, profitability, dividends, risk, media sentiment and institutional ownership.

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$22.18B1.28$1.28B$1.8218.73
Forum Energy Technologies$791.47M0.72-$9.66M-$0.59N/A

Halliburton has a beta of 0.69, meaning that its share price is 31% less volatile than the broader market. Comparatively, Forum Energy Technologies has a beta of 0.53, meaning that its share price is 47% less volatile than the broader market.

Halliburton presently has a consensus price target of $43.27, indicating a potential upside of 26.96%. Given Halliburton's stronger consensus rating and higher possible upside, equities analysts clearly 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)
18 Buy rating(s)
0 Strong Buy rating(s)
2.71
Forum Energy Technologies
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

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

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%

In the previous week, Halliburton had 13 more articles in the media than Forum Energy Technologies. MarketBeat recorded 15 mentions for Halliburton and 2 mentions for Forum Energy Technologies. Halliburton's average media sentiment score of 0.97 beat Forum Energy Technologies' score of 0.88 indicating that Halliburton is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Halliburton
11 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Forum Energy Technologies
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Halliburton beats Forum Energy Technologies on 15 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 better stock? We will contrast the two businesses based on the strength of their profitability, institutional ownership, valuation, analyst recommendations, media sentiment, dividends, earnings and risk.

In the previous week, Nabors Industries had 1 more articles in the media than Forum Energy Technologies. MarketBeat recorded 3 mentions for Nabors Industries and 2 mentions for Forum Energy Technologies. Forum Energy Technologies' average media sentiment score of 0.88 beat Nabors Industries' score of 0.33 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
0 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Forum Energy Technologies
1 Very Positive mention(s)
1 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 Industries7.32% -8.66% -1.59%
Forum Energy Technologies -0.78%4.15%1.61%

Nabors Industries currently has a consensus price target of $103.43, suggesting a potential upside of 26.18%. Given Nabors Industries' stronger consensus rating and 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
0 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.29
Forum Energy Technologies
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

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

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$12.776.42
Forum Energy Technologies$791.47M0.72-$9.66M-$0.59N/A

Nabors Industries has a beta of 0.96, indicating that its share price is 4% less volatile than the broader market. Comparatively, Forum Energy Technologies has a beta of 0.53, indicating that its share price is 47% less volatile than the broader market.

Summary

Nabors Industries beats Forum Energy Technologies on 11 of the 16 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.

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
NOV1.05% 3.34% 1.90%
Forum Energy Technologies -0.78%4.15%1.61%

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
NOV$8.74B0.76$145M$0.2477.56
Forum Energy Technologies$791.47M0.72-$9.66M-$0.59N/A

NOV has a beta of 0.89, suggesting that its stock price is 11% less volatile than the broader market. Comparatively, Forum Energy Technologies has a beta of 0.53, suggesting that its stock price is 47% less volatile than the broader market.

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 currently has a consensus target price of $20.57, indicating a potential upside of 10.51%. Given NOV's stronger consensus rating and 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
2 Sell rating(s)
10 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.24
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, NOV had 6 more articles in the media than Forum Energy Technologies. MarketBeat recorded 8 mentions for NOV and 2 mentions for Forum Energy Technologies. Forum Energy Technologies' average media sentiment score of 0.88 beat NOV'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
NOV
3 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Forum Energy Technologies
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 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?

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

97.4% of Oil States International shares are owned by institutional investors. Comparatively, 65.6% of Forum Energy Technologies shares are owned by institutional investors. 7.6% of Oil States International shares are owned by company insiders. Comparatively, 7.7% of Forum Energy Technologies shares are owned 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, 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 0.88 beat Oil States International's score of 0.00 indicating that Forum Energy Technologies is being referred to more favorably in the news media.

Company Overall Sentiment
Oil States International Neutral
Forum Energy Technologies Positive

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
Oil States International$668.99M0.72-$109.38M-$1.94N/A
Forum Energy Technologies$791.47M0.72-$9.66M-$0.59N/A

Oil States International has a beta of 1.09, suggesting that its stock price is 9% more volatile than the broader market. Comparatively, Forum Energy Technologies has a beta of 0.53, suggesting that its stock price is 47% 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%

Oil States International currently has a consensus target price of $13.33, indicating a potential upside of 66.35%. Given Oil States International's stronger consensus rating and higher probable upside, 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)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

Summary

Oil States International and Forum Energy Technologies tied by winning 8 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

MetricForum Energy TechnologiesOIL FLD MCH&EQP IndustryEnergy SectorNYSE Exchange
Market Cap$559.90M$1.65B$9.61B$23.22B
Dividend YieldN/A3.82%10.56%4.10%
P/E Ratio-85.3161.6218.8731.64
Price / Sales0.721.93745.08109.26
Price / Cash13.689.1337.7224.58
Price / Book1.971.754.074.74
Net Income-$9.66M$36.97M$4.24B$1.07B
7 Day Performance-2.32%2.38%-2.40%0.99%
1 Month Performance-5.96%-2.11%-7.17%0.86%
1 Year Performance150.73%49.08%30.06%25.19%

Forum Energy Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FET
Forum Energy Technologies
1.307 of 5 stars
$50.33
+1.6%
N/A+159.0%$559.90M$791.47MN/A1,700
PTEN
Patterson-UTI Energy
4.5607 of 5 stars
$10.35
-2.9%
$12.40
+19.8%
+62.8%$4.05B$4.83BN/A7,900
HAL
Halliburton
4.9545 of 5 stars
$37.21
-2.5%
$43.27
+16.3%
+65.3%$31.90B$22.18B20.4446,000
NBR
Nabors Industries
3.9526 of 5 stars
$91.21
-4.0%
$103.43
+13.4%
+192.6%$1.41B$3.21B7.1413,900
NOV
NOV
2.8283 of 5 stars
$19.95
-2.8%
$20.43
+2.4%
+43.2%$7.36B$8.74B83.1231,605

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This page (NYSE:FET) was last updated on 6/27/2026 by MarketBeat.com Staff.
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