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Forum Energy Technologies (FET) Competitors

Forum Energy Technologies logo
$50.35 -3.29 (-6.13%)
Closing price 06/5/2026 03:59 PM Eastern
Extended Trading
$50.40 +0.04 (+0.09%)
As of 06/5/2026 05:55 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
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FET vs. PTEN, HAL, NBR, NOV, and RES

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 RPC (RES). 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 stock? We will compare the two businesses based on the strength of their profitability, risk, institutional ownership, valuation, media sentiment, earnings, analyst recommendations and dividends.

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 company is poised for long-term growth.

In the previous week, Patterson-UTI Energy had 24 more articles in the media than Forum Energy Technologies. MarketBeat recorded 26 mentions for Patterson-UTI Energy and 2 mentions for Forum Energy Technologies. Patterson-UTI Energy's average media sentiment score of 1.05 beat Forum Energy Technologies' score of 0.97 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
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
10 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

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$806.90M0.71-$9.66M-$0.59N/A
Patterson-UTI Energy$4.83B0.91-$93.64M-$0.31N/A

Patterson-UTI Energy has a consensus price target of $12.30, indicating a potential upside of 6.86%. Given Patterson-UTI Energy's stronger consensus rating and higher probable 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)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
Patterson-UTI Energy
2 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.53

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%

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

Summary

Patterson-UTI Energy beats Forum Energy Technologies on 12 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 business? We will compare the two businesses based on the strength of their analyst recommendations, media sentiment, risk, earnings, dividends, institutional ownership, profitability and valuation.

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

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$806.90M0.71-$9.66M-$0.59N/A
Halliburton$22.18B1.47$1.28B$1.8221.49

In the previous week, Halliburton had 22 more articles in the media than Forum Energy Technologies. MarketBeat recorded 24 mentions for Halliburton and 2 mentions for Forum Energy Technologies. Halliburton's average media sentiment score of 1.22 beat Forum Energy Technologies' score of 0.97 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
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Halliburton
18 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

65.6% of Forum Energy Technologies shares are owned by institutional investors. Comparatively, 85.2% of Halliburton shares are owned by institutional investors. 7.7% of Forum Energy Technologies shares are owned by insiders. Comparatively, 0.6% of Halliburton shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company 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
Forum Energy Technologies-0.78% 4.15% 1.61%
Halliburton 6.95%19.04%7.96%

Halliburton has a consensus target price of $43.27, indicating a potential upside of 10.62%. 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)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
Halliburton
1 Sell rating(s)
5 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.71

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?

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

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%

Nabors Industries has a consensus price target of $103.43, suggesting a potential upside of 7.93%. Given Nabors Industries' stronger consensus rating and higher probable upside, analysts plainly 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)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
Nabors Industries
0 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.29

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

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 company insiders. Comparatively, 5.4% of Nabors Industries 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.

In the previous week, Forum Energy Technologies and Forum Energy Technologies both had 2 articles in the media. Forum Energy Technologies' average media sentiment score of 0.97 beat Nabors Industries' score of 0.20 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)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Nabors Industries
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

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$806.90M0.71-$9.66M-$0.59N/A
Nabors Industries$3.21B0.44$286.62M$12.777.50

Summary

Nabors Industries beats Forum Energy Technologies on 10 of the 15 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 institutional ownership, valuation, dividends, media sentiment, earnings, analyst recommendations, profitability and risk.

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%

In the previous week, NOV had 3 more articles in the media than Forum Energy Technologies. MarketBeat recorded 5 mentions for NOV and 2 mentions for Forum Energy Technologies. NOV's average media sentiment score of 1.19 beat Forum Energy Technologies' score of 0.97 indicating that NOV is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NOV
3 Very Positive mention(s)
0 Positive mention(s)
0 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

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$8.74B0.83$145M$0.2483.86
Forum Energy Technologies$806.90M0.71-$9.66M-$0.59N/A

NOV has a beta of 0.89, suggesting that its share price is 11% less volatile than the broader market. Comparatively, Forum Energy Technologies has a beta of 0.53, suggesting that its share 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 company insiders. Comparatively, 7.7% of Forum Energy Technologies shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

NOV presently has a consensus target price of $20.43, suggesting a potential upside of 1.50%. Given NOV's stronger consensus rating and higher possible upside, equities research analysts plainly 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

Summary

NOV beats Forum Energy Technologies on 15 of the 17 factors compared between the two stocks.

How does Forum Energy Technologies compare to RPC?

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

RPC has a consensus target price of $5.63, indicating a potential downside of 17.10%. Given RPC's stronger consensus rating and higher probable upside, analysts plainly believe RPC 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
RPC
1 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.80

Forum Energy Technologies has a beta of 0.53, meaning that its share price is 47% less volatile than the broader market. Comparatively, RPC has a beta of 0.62, meaning that its share price is 38% less volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Forum Energy Technologies$806.90M0.71-$9.66M-$0.59N/A
RPC$1.63B0.92$32.08M$0.0975.39

RPC has a net margin of 1.20% compared to Forum Energy Technologies' net margin of -0.78%. RPC's return on equity of 4.82% 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%
RPC 1.20%4.82%3.57%

65.6% of Forum Energy Technologies shares are held by institutional investors. Comparatively, 41.1% of RPC shares are held by institutional investors. 7.7% of Forum Energy Technologies shares are held by company insiders. Comparatively, 58.8% of RPC 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.

In the previous week, Forum Energy Technologies had 1 more articles in the media than RPC. MarketBeat recorded 2 mentions for Forum Energy Technologies and 1 mentions for RPC. Forum Energy Technologies' average media sentiment score of 0.97 beat RPC's score of 0.00 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)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
RPC
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

RPC beats Forum Energy Technologies on 12 of the 15 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$569.83M$1.59B$10.33B$23.35B
Dividend YieldN/A3.63%10.37%4.08%
P/E Ratio-85.3455.7720.2330.26
Price / Sales0.711.62740.1313.22
Price / Cash14.829.4738.6924.41
Price / Book1.971.654.294.63
Net Income-$9.66M$36.97M$4.24B$1.07B
7 Day Performance0.48%-0.55%-0.61%-1.66%
1 Month Performance-9.95%-5.32%-1.94%-1.68%
1 Year Performance204.83%47.84%44.62%21.33%

Forum Energy Technologies Competitors List

Export
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FET
Forum Energy Technologies
2.5366 of 5 stars		$50.35
-6.1%		N/A+219.8%$569.83M$806.90MN/A1,700
PTEN
Patterson-UTI Energy
2.914 of 5 stars		$12.12
-1.5%		$11.80
-2.6%		+106.6%$4.67B$4.83BN/A7,900
HAL
Halliburton
4.4822 of 5 stars		$41.17
-0.7%		$42.86
+4.1%		+96.1%$34.64B$22.18B22.6246,000
NBR
Nabors Industries
2.932 of 5 stars		$102.40
-2.9%		$93.63
-8.6%		+236.6%$1.56B$3.21B8.0213,900
NOV
NOV
2.4251 of 5 stars		$21.13
+1.5%		$19.36
-8.4%		+64.0%$7.47B$8.69B88.0531,605

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