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Forum Energy Technologies (FET) Competitors

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$82.01 -0.07 (-0.09%)
As of 11:19 AM Eastern
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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?

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

Patterson-UTI Energy has a beta of 0.66, indicating that its stock price is 34% less volatile than the broader market. Comparatively, Forum Energy Technologies has a beta of 0.59, indicating that its stock price is 41% less volatile than the broader market.

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
Patterson-UTI Energy-1.92% -1.68% -0.98%
Forum Energy Technologies -0.19%9.45%3.58%

In the previous week, Patterson-UTI Energy had 2 more articles in the media than Forum Energy Technologies. MarketBeat recorded 3 mentions for Patterson-UTI Energy and 1 mentions for Forum Energy Technologies. Patterson-UTI Energy's average media sentiment score of 1.17 beat Forum Energy Technologies' score of 1.16 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
2 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
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 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$4.83B0.90-$93.64M-$0.23N/A
Forum Energy Technologies$791.47M1.16-$9.66M-$0.15N/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 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 is poised for long-term growth.

Patterson-UTI Energy currently has a consensus target price of $13.25, suggesting a potential upside of 16.69%. Given Patterson-UTI Energy's stronger consensus rating and higher possible 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
1 Sell rating(s)
5 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.53
Forum Energy Technologies
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.50

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?

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

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
Halliburton7.16% 18.71% 7.89%
Forum Energy Technologies -0.19%9.45%3.58%

In the previous week, Halliburton had 24 more articles in the media than Forum Energy Technologies. MarketBeat recorded 25 mentions for Halliburton and 1 mentions for Forum Energy Technologies. Forum Energy Technologies' average media sentiment score of 1.16 beat Halliburton's score of 0.69 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)
1 Positive mention(s)
10 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Forum Energy Technologies
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Halliburton has a beta of 0.76, suggesting that its stock price is 24% less volatile than the broader market. Comparatively, Forum Energy Technologies has a beta of 0.59, suggesting that its stock price is 41% less volatile than the broader market.

Halliburton presently has a consensus price target of $43.24, suggesting a potential upside of 30.80%. Given Halliburton's stronger consensus rating and higher probable upside, equities research 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)
6 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.68
Forum Energy Technologies
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.50

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$22.37B1.23$1.28B$1.9117.31
Forum Energy Technologies$791.47M1.16-$9.66M-$0.15N/A

85.2% of Halliburton shares are owned by institutional investors. Comparatively, 65.6% of Forum Energy Technologies shares are owned by institutional investors. 0.6% of Halliburton 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 large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

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

NOV has a beta of 0.94, indicating that its stock price is 6% less volatile than the broader market. Comparatively, Forum Energy Technologies has a beta of 0.59, indicating that its stock price is 41% less volatile than the broader market.

93.3% of NOV shares are owned by institutional investors. Comparatively, 65.6% of Forum Energy Technologies shares are owned by institutional investors. 1.2% of NOV 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, endowments and large money managers believe a company will outperform the market over the long term.

NOV currently has a consensus target price of $21.31, suggesting a potential upside of 7.32%. Given NOV's higher possible upside, equities research 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)
9 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.19
Forum Energy Technologies
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.50

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
NOV1.10% 3.44% 1.94%
Forum Energy Technologies -0.19%9.45%3.58%

In the previous week, NOV had 7 more articles in the media than Forum Energy Technologies. MarketBeat recorded 8 mentions for NOV and 1 mentions for Forum Energy Technologies. Forum Energy Technologies' average media sentiment score of 1.16 beat NOV's score of 1.07 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
4 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
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 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
NOV$8.74B0.81$145M$0.2676.37
Forum Energy Technologies$791.47M1.16-$9.66M-$0.15N/A

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

In the previous week, Forum Energy Technologies had 1 more articles in the media than Oil States International. MarketBeat recorded 1 mentions for Forum Energy Technologies and 0 mentions for Oil States International. Forum Energy Technologies' average media sentiment score of 1.16 beat Oil States International's score of 0.79 indicating that Forum Energy Technologies is being referred to more favorably in the media.

Company Overall Sentiment
Forum Energy Technologies Positive
Oil States International Positive

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%

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

Oil States International has a consensus price target of $11.33, suggesting a potential upside of 36.46%. 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

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$791.47M1.16-$9.66M-$0.15N/A
Oil States International$668.99M0.75-$109.38M-$1.89N/A

Forum Energy Technologies has a beta of 0.59, suggesting that its share price is 41% less volatile than the broader market. Comparatively, Oil States International has a beta of 1.12, suggesting that its share price is 12% more volatile than the broader market.

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?

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

65.6% of Forum Energy Technologies shares are held by institutional investors. Comparatively, 15.6% of National Energy Services Reunited shares are held by institutional investors. 7.7% of Forum Energy Technologies shares are held by company insiders. Comparatively, 9.7% of National Energy Services Reunited shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

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
Forum Energy Technologies$791.47M1.16-$9.66M-$0.15N/A
National Energy Services Reunited$1.32B2.48$51.13M$0.9235.36

National Energy Services Reunited has a consensus target price of $33.86, suggesting a potential upside of 4.08%. Given National Energy Services Reunited's stronger consensus rating and higher possible upside, analysts clearly believe National Energy Services Reunited 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
National Energy Services Reunited
0 Sell rating(s)
0 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
3.11

In the previous week, National Energy Services Reunited had 3 more articles in the media than Forum Energy Technologies. MarketBeat recorded 4 mentions for National Energy Services Reunited and 1 mentions for Forum Energy Technologies. Forum Energy Technologies' average media sentiment score of 1.16 beat National Energy Services Reunited's score of 0.96 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
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
National Energy Services Reunited
2 Very Positive mention(s)
2 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
Forum Energy Technologies-0.19% 9.45% 3.58%
National Energy Services Reunited 5.77%12.07%6.22%

Forum Energy Technologies has a beta of 0.59, meaning that its stock price is 41% less volatile than the broader market. Comparatively, National Energy Services Reunited has a beta of 0.39, meaning that its stock price is 61% 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$919.99M$3.56B$9.95B$23.08B
Dividend YieldN/A13.39%10.59%3.62%
P/E Ratio-545.1443.4120.9728.25
Price / Sales1.1632.72515.4791.30
Price / Cash22.6720.8336.0819.33
Price / Book3.202.124.124.72
Net Income-$9.66M$67.81M$4.35B$1.07B
7 Day Performance1.44%-0.15%-0.32%-1.11%
1 Month Performance5.10%-2.40%0.64%-4.16%
1 Year Performance209.94%41.84%36.85%8.58%

Forum Energy Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FET
Forum Energy Technologies
2.4969 of 5 stars
$82.01
-0.1%
N/A+209.9%$923.70M$791.47MN/A1,700
PTEN
Patterson-UTI Energy
2.4873 of 5 stars
$12.71
+2.3%
$13.25
+4.2%
+120.2%$4.74B$4.83BN/A7,900
HAL
Halliburton
4.9126 of 5 stars
$35.65
+1.8%
$43.24
+21.3%
+49.3%$29.17B$22.18B18.6646,000
NOV
NOV
2.9401 of 5 stars
$20.96
+2.1%
$21.31
+1.6%
+59.3%$7.32B$8.74B80.6331,605
OIS
Oil States International
3.6134 of 5 stars
$8.60
+2.5%
$11.33
+31.8%
+47.4%$506.11M$668.99MN/A2,172

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This page (NYSE:FET) was last updated on 9/21/2026 by MarketBeat.com Staff.
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