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Forum Energy Technologies (FET) Competitors

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$85.86 +1.25 (+1.47%)
Closing price 10/12/2026 03:59 PM Eastern
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$87.35 +1.50 (+1.74%)
As of 08:31 AM 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? Forum Energy Technologies's main competitors and comparable companies include Patterson-UTI Energy (PTEN), Halliburton (HAL), Nabors Industries (NBR), NOV (NOV), and Oil States International (OIS). 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 better business? We will compare the two companies based on the strength of their risk, analyst recommendations, media sentiment, earnings, profitability, institutional ownership, dividends and valuation.

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

Forum Energy Technologies has a beta of 0.68, indicating that its share price is 32% less volatile than the broader market. Comparatively, Patterson-UTI Energy has a beta of 0.77, indicating that its share price is 23% less volatile than the broader market.

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$791.47M1.22-$9.66M-$0.15N/A
Patterson-UTI Energy$4.83B0.90-$93.64M-$0.23N/A

Patterson-UTI Energy has a consensus price target of $13.14, indicating a potential upside of 15.94%. Given Patterson-UTI Energy's stronger consensus rating and 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
0 Sell rating(s)
7 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.56

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%

In the previous week, Patterson-UTI Energy had 12 more articles in the media than Forum Energy Technologies. MarketBeat recorded 13 mentions for Patterson-UTI Energy and 1 mentions for Forum Energy Technologies. Forum Energy Technologies' average media sentiment score of 0.88 beat Patterson-UTI Energy's score of 0.81 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
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Patterson-UTI Energy
3 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

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

Forum Energy Technologies has a beta of 0.68, suggesting that its share price is 32% less volatile than the broader market. Comparatively, Halliburton has a beta of 0.83, suggesting that its share price is 17% less volatile than the broader market.

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%

In the previous week, Halliburton had 3 more articles in the media than Forum Energy Technologies. MarketBeat recorded 4 mentions for Halliburton and 1 mentions for Forum Energy Technologies. Forum Energy Technologies' average media sentiment score of 0.88 beat Halliburton's score of 0.52 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
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Halliburton
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Halliburton has a consensus price target of $43.24, suggesting a potential upside of 32.86%. 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)
6 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.68

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.

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$791.47M1.22-$9.66M-$0.15N/A
Halliburton$22.18B1.22$1.28B$1.9117.04

Summary

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

Forum Energy Technologies has a beta of 0.68, suggesting that its share price is 32% less volatile than the broader market. Comparatively, Nabors Industries has a beta of 1.11, suggesting that its share price is 11% more volatile than the broader market.

In the previous week, Nabors Industries had 1 more articles in the media than Forum Energy Technologies. MarketBeat recorded 2 mentions for Nabors Industries and 1 mentions for Forum Energy Technologies. Forum Energy Technologies' average media sentiment score of 0.88 beat Nabors Industries' score of 0.22 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
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Nabors Industries
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Nabors Industries has a net margin of 7.64% compared to Forum Energy Technologies' net margin of -0.19%. Forum Energy Technologies' return on equity of 9.45% beat Nabors Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Forum Energy Technologies-0.19% 9.45% 3.58%
Nabors Industries 7.64%-7.06%-1.45%

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, 5.3% of Nabors Industries shares are held 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.

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$791.47M1.22-$9.66M-$0.15N/A
Nabors Industries$3.21B0.39$286.62M$13.445.91

Nabors Industries has a consensus target price of $103.43, suggesting a potential upside of 30.22%. Given Nabors Industries' 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)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.50
Nabors Industries
0 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25

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?

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

NOV presently has a consensus price target of $21.23, indicating a potential upside of 12.68%. 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
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 beta of 0.97, meaning that its stock price is 3% less volatile than the broader market. Comparatively, Forum Energy Technologies has a beta of 0.68, meaning that its stock price is 32% 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
NOV$8.74B0.77$145M$0.2672.47
Forum Energy Technologies$791.47M1.22-$9.66M-$0.15N/A

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

In the previous week, NOV had 9 more articles in the media than Forum Energy Technologies. MarketBeat recorded 10 mentions for NOV and 1 mentions for Forum Energy Technologies. Forum Energy Technologies' average media sentiment score of 0.88 beat NOV's score of 0.70 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
5 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Forum Energy Technologies
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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%

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?

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

Oil States International has a beta of 1.2, suggesting that its share price is 20% more volatile than the broader market. Comparatively, Forum Energy Technologies has a beta of 0.68, suggesting that its share price is 32% less volatile than the broader market.

Oil States International presently has a consensus target price of $11.67, indicating a potential upside of 42.71%. Given Oil States International's higher probable upside, equities 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
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)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.50

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 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$668.99M0.74-$109.38M-$1.89N/A
Forum Energy Technologies$791.47M1.22-$9.66M-$0.15N/A

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

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
Oil States International-16.78% 4.28% 2.87%
Forum Energy Technologies -0.19%9.45%3.58%

Summary

Forum Energy Technologies beats Oil States International on 12 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

Export
MetricForum Energy TechnologiesEnergy Equipment & Services IndustryEnergy SectorNYSE Exchange
Market Cap$951.52M$3.56B$10.19B$23.07B
Dividend YieldN/A13.41%10.64%3.72%
P/E Ratio-572.3343.9220.4328.54
Price / Sales1.1616.01492.7814.52
Price / Cash23.3720.7537.0919.30
Price / Book3.362.124.104.71
Net Income-$9.66M$72.25M$4.34B$1.07B
7 Day Performance1.13%-0.32%0.08%-0.56%
1 Month Performance3.60%-4.37%-1.93%-3.59%
1 Year Performance219.64%39.80%32.93%7.41%

Forum Energy Technologies Competitors List

Export
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FET
Forum Energy Technologies
2.2912 of 5 stars		$85.86
+1.5%		N/A+239.0%$951.52M$833.35MN/A1,700
PTEN
Patterson-UTI Energy
3.7231 of 5 stars		$11.41
-1.2%		$13.14
+15.1%		+111.0%$4.41B$4.83BN/A7,900
HAL
Halliburton
4.8669 of 5 stars		$32.77
0.0%		$43.24
+31.9%		+47.9%$27.31B$22.18B17.1646,000
NBR
Nabors Industries
4.0971 of 5 stars		$81.45
-2.1%		$103.43
+27.0%		+112.0%$1.33B$3.21B6.0613,900
NOV
NOV
3.4496 of 5 stars		$19.03
-2.5%		$21.23
+11.6%		+52.9%$6.95B$8.74B73.2031,605

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This page (NYSE:FET) was last updated on 10/13/2026 by MarketBeat.com Staff.
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