FET
Forum Energy Technologies, Inc.
Oil & Gas Equipment & Services
Market Cap$617M
5Y Perf.+826.0%
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Stock Comparison
FET vs XOM vs NOV vs SLB
Revenue, margins, valuation, and 5-year total return — side by side.
XOM
Exxon Mobil Corporation
Oil & Gas Integrated
Market Cap$620.85B
5Y Perf.+217.6%
NOV
NOV Inc.
Oil & Gas Equipment & Services
Market Cap$6.96B
5Y Perf.+54.4%
SLB
SLB N.V.
Oil & Gas Equipment & Services
Market Cap$79.62B
5Y Perf.+188.4%
FET vs XOM vs NOV vs SLB — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | FET | XOM | NOV | SLB |
|---|---|---|---|---|
| Industry | Oil & Gas Equipment & Services | Oil & Gas Integrated | Oil & Gas Equipment & Services | Oil & Gas Equipment & Services |
| Market Cap | $617M | $620.85B | $6.96B | $79.62B |
| Revenue (TTM) | $807M | $323.90B | $8.69B | $35.71B |
| Net Income (TTM) | $-6M | $28.84B | $91M | $3.35B |
| Gross Margin | 27.5% | 21.7% | 19.5% | 18.2% |
| Operating Margin | 2.6% | 10.5% | 5.3% | 15.3% |
| Forward P/E | 26.0x | 14.3x | 22.1x | 20.3x |
| Total Debt | $232M | $43.54B | $2.34B | $12.31B |
| Cash & Equiv. | $35M | $10.68B | $1.55B | $3.04B |
FET vs XOM vs NOV vs SLB — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
FET
XOM
NOV
SLB
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Forum Energy Techno… (FET) | 100 | 926.0 | +826.0% |
| Exxon Mobil Corpora… (XOM) | 100 | 317.6 | +217.6% |
| NOV Inc. (NOV) | 100 | 154.4 | +54.4% |
| SLB N.V. (SLB) | 100 | 288.4 | +188.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: FET vs XOM vs NOV vs SLB
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: SLB leads in 3 of 7 categories, making it the strongest pick for profitability and margin quality and capital preservation and lower volatility. Exxon Mobil Corporation is the stronger pick specifically for valuation and capital efficiency and dividend income and shareholder returns. FET and NOV also each lead in at least one category. As sector peers, any of these can serve as alternatives in the same allocation.
FET
Forum Energy Technologies, Inc.
The Momentum Pick
FET is the clearest fit if your priority is momentum.
- +295.8% vs XOM's +43.9%
Best for: momentum
XOM
Exxon Mobil Corporation
The Income Pick
XOM is the #2 pick in this set and the best alternative if income & stability and long-term compounding is your priority.
- Dividend streak 26 yrs, beta -0.15, yield 2.7%
- 105.0% 10Y total return vs SLB's -9.2%
- Lower P/E (14.3x vs 20.3x)
- 2.7% yield, 26-year raise streak, vs NOV's 2.6%, (1 stock pays no dividend)
Best for: income & stability and long-term compounding
NOV
NOV Inc.
The Growth Play
NOV is the clearest fit if your priority is growth exposure and sleep-well-at-night.
- Rev growth -1.4%, EPS growth -75.6%, 3Y rev CAGR 6.5%
- Lower volatility, beta 1.01, Low D/E 37.0%, current ratio 2.42x
- Beta 1.01, yield 2.6%, current ratio 2.42x
- -1.4% revenue growth vs XOM's -4.5%
Best for: growth exposure and sleep-well-at-night
SLB
SLB N.V.
The Quality Compounder
SLB carries the broadest edge in this set and is the clearest fit for quality and stability.
- 9.4% margin vs FET's -0.8%
- Beta 0.87 vs FET's 1.21, lower leverage
- 6.5% ROA vs FET's -0.8%, ROIC 12.1% vs 2.8%
Best for: quality and stability
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | NOV | -1.4% revenue growth vs XOM's -4.5% |
| Value | XOM | Lower P/E (14.3x vs 20.3x) |
| Quality / Margins | SLB | 9.4% margin vs FET's -0.8% |
| Stability / Safety | SLB | Beta 0.87 vs FET's 1.21, lower leverage |
| Dividends | XOM | 2.7% yield, 26-year raise streak, vs NOV's 2.6%, (1 stock pays no dividend) |
| Momentum (1Y) | FET | +295.8% vs XOM's +43.9% |
| Efficiency (ROA) | SLB | 6.5% ROA vs FET's -0.8%, ROIC 12.1% vs 2.8% |
FET vs XOM vs NOV vs SLB — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FY 2023
FY 2025
FY 2025
FY 2025
FET vs XOM vs NOV vs SLB — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLFETLAGGINGSLB
Who Leads Where
NOV leads in 1 of 6 categories
SLB leads 1 • FET leads 1 • XOM leads 1 • 2 tied
Explore the data ↓SLBSLB N.V.
1leads
NOVNOV Inc.
1leads
XOMExxon Mobil Corporati…
1leads
FETForum Energy Technolo…
1leads
6 Total Categories
CATEGORYLEADERvs XOMvs NOVMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
Tied
—
Valuation MetricsMultiples, price ratios, and targets
NOV3/6
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
SLB4/9
Total Returns1Y, 3Y, 5Y total returns with dividends
FET4/6
Risk & VolatilityBeta, volatility, and downside exposure
Tied
—
Analyst OutlookRatings, price targets, and dividends
XOM2/2
Income & Cash Flow (Last 12 Months)
Evenly matched — FET and SLB each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
XOM is the larger business by revenue, generating $323.9B annually — 401.4x FET's $807M. SLB is the more profitable business, keeping 9.4% of every revenue dollar as net income compared to FET's -0.8%. On growth, FET holds the edge at +8.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | FETForum Energy Tech… | XOMExxon Mobil Corpo… | NOVNOV Inc. | SLBSLB N.V. |
|---|---|---|---|---|
| RevenueTrailing 12 months | $807M | $323.9B | $8.7B | $35.7B |
| EBITDAEarnings before interest/tax | $56M | $59.9B | $725M | $7.4B |
| Net IncomeAfter-tax profit | -$6M | $28.8B | $91M | $3.4B |
| Free Cash FlowCash after capex | $61M | $23.6B | $734M | $4.8B |
| Gross MarginGross profit ÷ Revenue | +27.5% | +21.7% | +19.5% | +18.2% |
| Operating MarginEBIT ÷ Revenue | +2.6% | +10.5% | +5.3% | +15.3% |
| Net MarginNet income ÷ Revenue | -0.8% | +8.9% | +1.0% | +9.4% |
| FCF MarginFCF ÷ Revenue | +7.6% | +7.3% | +8.4% | +13.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | +8.0% | -1.3% | -2.4% | +5.0% |
| EPS Growth (YoY)Latest quarter vs prior year | +3.4% | -11.0% | -73.7% | -31.2% |
Evenly matched — FET and SLB each lead in 3 of 6 comparable metrics.
Valuation Metrics
NOV leads this category, winning 3 of 6 comparable metrics.
Valuation Metrics
At 21.9x trailing earnings, XOM trades at a 56% valuation discount to NOV's 49.5x P/E. On an enterprise value basis, NOV's 8.4x EV/EBITDA is more attractive than FET's 15.4x.
| Metric | FETForum Energy Tech… | XOMExxon Mobil Corpo… | NOVNOV Inc. | SLBSLB N.V. |
|---|---|---|---|---|
| Market CapShares × price | $617M | $620.8B | $7.0B | $79.6B |
| Enterprise ValueMkt cap + debt − cash | $814M | $653.7B | $7.7B | $88.9B |
| Trailing P/EPrice ÷ TTM EPS | -67.19x | 21.86x | 49.49x | 22.57x |
| Forward P/EPrice ÷ next-FY EPS est. | 26.01x | 14.31x | 22.07x | 20.26x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — |
| EV / EBITDAEnterprise value multiple | 15.38x | 10.91x | 8.43x | 12.07x |
| Price / SalesMarket cap ÷ Revenue | 0.78x | 1.92x | 0.80x | 2.23x |
| Price / BookPrice ÷ Book value/share | 2.22x | 2.37x | 1.14x | 2.89x |
| Price / FCFMarket cap ÷ FCF | 9.57x | 26.29x | 8.06x | 16.60x |
NOV leads this category, winning 3 of 6 comparable metrics.
Profitability & Efficiency
SLB leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
SLB delivers a 13.9% return on equity — every $100 of shareholder capital generates $14 in annual profit, vs $-2 for FET. XOM carries lower financial leverage with a 0.16x debt-to-equity ratio, signaling a more conservative balance sheet compared to FET's 0.80x. On the Piotroski fundamental quality scale (0–9), FET scores 6/9 vs XOM's 3/9, reflecting solid financial health.
| Metric | FETForum Energy Tech… | XOMExxon Mobil Corpo… | NOVNOV Inc. | SLBSLB N.V. |
|---|---|---|---|---|
| ROE (TTM)Return on equity | -2.1% | +10.7% | +1.4% | +13.9% |
| ROA (TTM)Return on assets | -0.8% | +6.4% | +0.8% | +6.5% |
| ROICReturn on invested capital | +2.8% | +8.6% | +5.8% | +12.1% |
| ROCEReturn on capital employed | +3.3% | +8.9% | +6.3% | +14.3% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 3 | 5 | 4 |
| Debt / EquityFinancial leverage | 0.80x | 0.16x | 0.37x | 0.45x |
| Net DebtTotal debt minus cash | $197M | $32.9B | $788M | $9.3B |
| Cash & Equiv.Liquid assets | $35M | $10.7B | $1.6B | $3.0B |
| Total DebtShort + long-term debt | $232M | $43.5B | $2.3B | $12.3B |
| Interest CoverageEBIT ÷ Interest expense | 1.43x | 69.44x | 5.82x | 9.40x |
SLB leads this category, winning 4 of 9 comparable metrics.
Total Returns (Dividends Reinvested)
FET leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in XOM five years ago would be worth $26,464 today (with dividends reinvested), compared to $11,957 for NOV. Over the past 12 months, FET leads with a +295.8% total return vs XOM's +43.9%. The 3-year compound annual growth rate (CAGR) favors FET at 36.3% vs SLB's 6.5% — a key indicator of consistent wealth creation.
| Metric | FETForum Energy Tech… | XOMExxon Mobil Corpo… | NOVNOV Inc. | SLBSLB N.V. |
|---|---|---|---|---|
| YTD ReturnYear-to-date | +42.2% | +20.3% | +18.2% | +32.7% |
| 1-Year ReturnPast 12 months | +295.8% | +43.9% | +67.6% | +61.8% |
| 3-Year ReturnCumulative with dividends | +153.4% | +44.9% | +29.3% | +20.8% |
| 5-Year ReturnCumulative with dividends | +152.9% | +164.6% | +19.6% | +80.6% |
| 10-Year ReturnCumulative with dividends | -82.5% | +105.0% | -31.8% | -9.2% |
| CAGR (3Y)Annualised 3-year return | +36.3% | +13.2% | +8.9% | +6.5% |
FET leads this category, winning 4 of 6 comparable metrics.
Risk & Volatility
Evenly matched — XOM and SLB each lead in 1 of 2 comparable metrics.
Risk & Volatility
XOM is the less volatile stock with a -0.15 beta — it tends to amplify market swings less than FET's 1.21 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. SLB currently trades 92.7% from its 52-week high vs XOM's 83.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | FETForum Energy Tech… | XOMExxon Mobil Corpo… | NOVNOV Inc. | SLBSLB N.V. |
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.10x | -0.20x | 0.96x | 0.83x |
| 52-Week HighHighest price in past year | $65.43 | $176.41 | $20.93 | $57.20 |
| 52-Week LowLowest price in past year | $13.55 | $101.19 | $11.65 | $31.64 |
| % of 52W HighCurrent price vs 52-week peak | +83.2% | +83.0% | +92.2% | +92.7% |
| RSI (14)Momentum oscillator 0–100 | 41.5 | 42.4 | 55.4 | 57.9 |
| Avg Volume (50D)Average daily shares traded | 186K | 18.9M | 4.8M | 16.3M |
Evenly matched — XOM and SLB each lead in 1 of 2 comparable metrics.
Analyst Outlook
XOM leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: FET as "Hold", XOM as "Hold", NOV as "Hold", SLB as "Buy". Consensus price targets imply 10.6% upside for SLB (target: $59) vs 4.3% for NOV (target: $20). For income investors, XOM offers the higher dividend yield at 2.73% vs SLB's 2.03%.
| Metric | FETForum Energy Tech… | XOMExxon Mobil Corpo… | NOVNOV Inc. | SLBSLB N.V. |
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold | Hold | Buy |
| Price TargetConsensus 12-month target | — | $161.08 | $20.13 | $58.66 |
| # AnalystsCovering analysts | 31 | 55 | 58 | 66 |
| Dividend YieldAnnual dividend ÷ price | — | +2.7% | +2.6% | +2.0% |
| Dividend StreakConsecutive years of raises | — | 26 | 5 | 4 |
| Dividend / ShareAnnual DPS | — | $4.00 | $0.51 | $1.08 |
| Buyback YieldShare repurchases ÷ mkt cap | +5.6% | +3.3% | +4.5% | +3.0% |
XOM leads this category, winning 2 of 2 comparable metrics.
Key Takeaway
NOV leads in 1 of 6 categories (Valuation Metrics). SLB leads in 1 (Profitability & Efficiency). 2 tied.
Best OverallForum Energy Technologies, … (FET)Leads 1 of 6 categories
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FET vs XOM vs NOV vs SLB: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is FET or XOM or NOV or SLB a better buy right now?
For growth investors, NOV Inc.
(NOV) is the stronger pick with -1. 4% revenue growth year-over-year, versus -4. 5% for Exxon Mobil Corporation (XOM). Exxon Mobil Corporation (XOM) offers the better valuation at 21. 9x trailing P/E (14. 3x forward), making it the more compelling value choice. Analysts rate SLB N. V. (SLB) a "Buy" — based on 66 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — FET or XOM or NOV or SLB?
On trailing P/E, Exxon Mobil Corporation (XOM) is the cheapest at 21.
9x versus NOV Inc. at 49. 5x. On forward P/E, Exxon Mobil Corporation is actually cheaper at 14. 3x.
03Which is the better long-term investment — FET or XOM or NOV or SLB?
Over the past 5 years, Exxon Mobil Corporation (XOM) delivered a total return of +164.
6%, compared to +19. 6% for NOV Inc. (NOV). Over 10 years, the gap is even starker: XOM returned +102. 6% versus FET's -82. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — FET or XOM or NOV or SLB?
By beta (market sensitivity over 5 years), Exxon Mobil Corporation (XOM) is the lower-risk stock at -0.
20β versus Forum Energy Technologies, Inc. 's 1. 10β — meaning FET is approximately -663% more volatile than XOM relative to the S&P 500. On balance sheet safety, Exxon Mobil Corporation (XOM) carries a lower debt/equity ratio of 16% versus 80% for Forum Energy Technologies, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — FET or XOM or NOV or SLB?
By revenue growth (latest reported year), NOV Inc.
(NOV) is pulling ahead at -1. 4% versus -4. 5% for Exxon Mobil Corporation (XOM). On earnings-per-share growth, the picture is similar: Forum Energy Technologies, Inc. grew EPS 92. 6% year-over-year, compared to -75. 6% for NOV Inc.. Over a 3-year CAGR, SLB leads at 8. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — FET or XOM or NOV or SLB?
SLB N.
V. (SLB) is the more profitable company, earning 9. 4% net margin versus -1. 2% for Forum Energy Technologies, Inc. — meaning it keeps 9. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: SLB leads at 15. 3% versus 2. 4% for FET. At the gross margin level — before operating expenses — FET leads at 27. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is FET or XOM or NOV or SLB more undervalued right now?
On forward earnings alone, Exxon Mobil Corporation (XOM) trades at 14.
3x forward P/E versus 26. 0x for Forum Energy Technologies, Inc. — 11. 7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for SLB: 10. 6% to $58. 66.
08Which pays a better dividend — FET or XOM or NOV or SLB?
In this comparison, XOM (2.
7% yield), NOV (2. 6% yield), SLB (2. 0% yield) pay a dividend. FET does not pay a meaningful dividend and should not be held primarily for income.
09Is FET or XOM or NOV or SLB better for a retirement portfolio?
For long-horizon retirement investors, Exxon Mobil Corporation (XOM) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.
20), 2. 7% yield, +102. 6% 10Y return). Both have compounded well over 10 years (XOM: +102. 6%, FET: -82. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between FET and XOM and NOV and SLB?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
XOM, NOV, SLB pay a dividend while FET does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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