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Forum Energy Technologies (FET) Competitors

Forum Energy Technologies logo
$80.56 +0.78 (+0.98%)
As of 08/28/2026 03:57 PM Eastern

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

Should you buy Forum Energy Technologies stock or one of its competitors? Forum Energy Technologies's main competitors and comparable companies include Patterson-UTI Energy (PTEN), Halliburton (HAL), NOV (NOV), Oil States International (OIS), and National Energy Services Reunited (NESR). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "energy equipment & services" industry.

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 investment? We will compare the two companies based on the strength of their risk, institutional ownership, dividends, analyst recommendations, valuation, media sentiment, profitability and earnings.

Patterson-UTI Energy has a consensus price target of $12.95, suggesting a potential upside of 4.18%. 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
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
1 Sell rating(s)
5 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.53

In the previous week, Patterson-UTI Energy had 6 more articles in the media than Forum Energy Technologies. MarketBeat recorded 24 mentions for Patterson-UTI Energy and 18 mentions for Forum Energy Technologies. Patterson-UTI Energy's average media sentiment score of 1.37 beat Forum Energy Technologies' score of 0.98 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
8 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Patterson-UTI Energy
20 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Forum Energy Technologies has a net margin of -0.19% compared to Patterson-UTI Energy's net margin of -1.92%. Forum Energy Technologies' return on equity of 9.45% beat Patterson-UTI Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Forum Energy Technologies-0.19% 9.45% 3.58%
Patterson-UTI Energy -1.92%-1.68%-0.98%

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 insiders. Comparatively, 2.2% of Patterson-UTI Energy 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.

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$791.47M1.15-$9.66M-$0.15N/A
Patterson-UTI Energy$4.83B0.98-$93.64M-$0.23N/A

Forum Energy Technologies has a beta of 0.53, suggesting that its share price is 47% less volatile than the broader market. Comparatively, Patterson-UTI Energy has a beta of 0.63, suggesting that its share price is 37% less volatile than the broader market.

Summary

Patterson-UTI Energy beats Forum Energy Technologies on 9 of the 17 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 investment? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, earnings, institutional ownership, dividends, valuation, risk and media sentiment.

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$791.47M1.15-$9.66M-$0.15N/A
Halliburton$22.37B1.35$1.28B$1.9118.95

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 company insiders. Comparatively, 0.6% of Halliburton 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.

Halliburton has a consensus target price of $43.10, suggesting a potential upside of 19.08%. 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
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)
6 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.68

Forum Energy Technologies has a beta of 0.53, meaning that its stock price is 47% 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.

In the previous week, Halliburton had 24 more articles in the media than Forum Energy Technologies. MarketBeat recorded 42 mentions for Halliburton and 18 mentions for Forum Energy Technologies. Halliburton's average media sentiment score of 1.24 beat Forum Energy Technologies' score of 0.98 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
8 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Halliburton
33 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Halliburton has a net margin of 7.16% compared to Forum Energy Technologies' net margin of -0.19%. Halliburton's return on equity of 18.71% beat Forum Energy Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Forum Energy Technologies-0.19% 9.45% 3.58%
Halliburton 7.16%18.71%7.89%

Summary

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

NOV has a net margin of 1.10% compared to Forum Energy Technologies' net margin of -0.19%. Forum Energy Technologies' return on equity of 9.45% beat NOV's return on equity.

Company Net Margins Return on Equity Return on Assets
Forum Energy Technologies-0.19% 9.45% 3.58%
NOV 1.10%3.44%1.94%

Forum Energy Technologies has a beta of 0.53, meaning that its share price is 47% less volatile than the broader market. Comparatively, NOV has a beta of 0.92, meaning that its share price is 8% less volatile than the broader market.

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$791.47M1.15-$9.66M-$0.15N/A
NOV$8.64B0.87$145M$0.2680.73

In the previous week, Forum Energy Technologies had 3 more articles in the media than NOV. MarketBeat recorded 18 mentions for Forum Energy Technologies and 15 mentions for NOV. NOV's average media sentiment score of 1.05 beat Forum Energy Technologies' score of 0.98 indicating that NOV is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Forum Energy Technologies
8 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
NOV
10 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

65.6% of Forum Energy Technologies shares are owned by institutional investors. Comparatively, 93.3% of NOV shares are owned by institutional investors. 7.7% of Forum Energy Technologies shares are owned by company insiders. Comparatively, 1.2% of NOV shares are owned by company 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.

NOV has a consensus price target of $21.31, suggesting a potential upside of 1.51%. 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
Forum Energy Technologies
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.50
NOV
2 Sell rating(s)
9 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.19

Summary

NOV beats Forum Energy Technologies on 10 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 better business? We will compare the two companies based on the strength of their media sentiment, profitability, valuation, dividends, earnings, analyst recommendations, institutional ownership and risk.

Forum Energy Technologies has a net margin of -0.19% compared to Oil States International's net margin of -16.78%. Forum Energy Technologies' return on equity of 9.45% beat Oil States International's return on equity.

Company Net Margins Return on Equity Return on Assets
Forum Energy Technologies-0.19% 9.45% 3.58%
Oil States International -16.78%4.28%2.87%

Forum Energy Technologies has a beta of 0.53, indicating that its stock price is 47% less volatile than the broader market. Comparatively, Oil States International has a beta of 1.11, indicating that its stock price is 11% more volatile than the broader market.

Oil States International has a consensus target price of $11.33, suggesting a potential upside of 32.09%. Given Oil States International's higher possible 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)
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

In the previous week, Forum Energy Technologies had 18 more articles in the media than Oil States International. MarketBeat recorded 18 mentions for Forum Energy Technologies and 0 mentions for Oil States International. Forum Energy Technologies' average media sentiment score of 0.98 beat Oil States International's score of 0.00 indicating that Forum Energy Technologies is being referred to more favorably in the media.

Company Overall Sentiment
Forum Energy Technologies Positive
Oil States International Neutral

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 endowments, hedge funds and large money managers believe a company 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Forum Energy Technologies$791.47M1.15-$9.66M-$0.15N/A
Oil States International$668.99M0.77-$109.38M-$1.89N/A

Summary

Forum Energy Technologies beats Oil States International on 12 of the 17 factors compared between the two stocks.

How does Forum Energy Technologies compare to National Energy Services Reunited?

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

In the previous week, Forum Energy Technologies had 16 more articles in the media than National Energy Services Reunited. MarketBeat recorded 18 mentions for Forum Energy Technologies and 2 mentions for National Energy Services Reunited. National Energy Services Reunited's average media sentiment score of 1.31 beat Forum Energy Technologies' score of 0.98 indicating that National Energy Services Reunited is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
National Energy Services Reunited
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Forum Energy Technologies
8 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

National Energy Services Reunited has a net margin of 5.77% compared to Forum Energy Technologies' net margin of -0.19%. National Energy Services Reunited's return on equity of 12.07% beat Forum Energy Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
National Energy Services Reunited5.77% 12.07% 6.22%
Forum Energy Technologies -0.19%9.45%3.58%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
National Energy Services Reunited$1.62B2.15$51.13M$0.9237.43
Forum Energy Technologies$791.47M1.15-$9.66M-$0.15N/A

15.6% of National Energy Services Reunited shares are held by institutional investors. Comparatively, 65.6% of Forum Energy Technologies shares are held by institutional investors. 9.7% of National Energy Services Reunited 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, large money managers and endowments believe a company will outperform the market over the long term.

National Energy Services Reunited currently has a consensus target price of $33.57, indicating a potential downside of 2.52%. Given National Energy Services Reunited's stronger consensus rating and higher possible upside, research analysts plainly believe National Energy Services Reunited is more favorable than Forum Energy Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
National Energy Services Reunited
0 Sell rating(s)
0 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
3.10
Forum Energy Technologies
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.50

National Energy Services Reunited has a beta of 0.33, meaning that its stock price is 67% less volatile than the broader market. Comparatively, Forum Energy Technologies has a beta of 0.53, meaning that its stock price is 47% less volatile than the broader market.

Summary

National Energy Services Reunited beats Forum Energy Technologies on 13 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 TechnologiesEnergy Equipment & Services IndustryEnergy SectorNYSE Exchange
Market Cap$906.54M$3.77B$9.85B$24.17B
Dividend YieldN/A13.37%11.46%3.71%
P/E Ratio-537.0343.7821.5129.99
Price / Sales1.1532.84453.1296.22
Price / Cash22.2621.1136.1432.24
Price / Book3.132.213.077.67
Net Income-$9.66M$67.81M$4.33B$1.07B
7 Day Performance3.52%-1.54%-0.69%-0.32%
1 Month Performance56.00%5.00%5.22%1.84%
1 Year Performance205.19%45.16%35.04%13.37%

Forum Energy Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FET
Forum Energy Technologies
2.0038 of 5 stars
$80.56
+1.0%
N/A+205.2%$906.56M$791.47M34.901,700
PTEN
Patterson-UTI Energy
2.6139 of 5 stars
$12.13
-0.7%
$12.95
+6.8%
+113.9%$4.34B$4.83BN/A7,900
HAL
Halliburton
4.9378 of 5 stars
$34.77
+0.1%
$43.10
+24.0%
+59.1%$28.68B$22.18B18.2046,000
NOV
NOV
2.8721 of 5 stars
$21.03
-2.7%
$21.31
+1.3%
+58.0%$7.54B$8.74B80.8731,605
OIS
Oil States International
3.8511 of 5 stars
$8.98
-1.9%
$11.33
+26.2%
+53.6%$538.68M$668.99MN/A2,172

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This page (NYSE:FET) was last updated on 8/30/2026 by MarketBeat.com Staff.
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