Forum Energy Technologies (NYSE: FET) and Core Laboratories N.V. (NYSE:CLB) are both oil related services and equipment – nec companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, valuation, analyst recommendations, profitability, dividends, institutional ownership and risk.
Institutional and Insider Ownership
98.6% of Forum Energy Technologies shares are owned by institutional investors. 32.8% of Forum Energy Technologies shares are owned by insiders. Comparatively, 1.0% of Core Laboratories N.V. shares are owned by 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.
Volatility and Risk
Forum Energy Technologies has a beta of 1.66, meaning that its stock price is 66% more volatile than the S&P 500. Comparatively, Core Laboratories N.V. has a beta of 1.56, meaning that its stock price is 56% more volatile than the S&P 500.
This table compares Forum Energy Technologies and Core Laboratories N.V.’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Forum Energy Technologies||-16.85%||-3.97%||-2.63%|
|Core Laboratories N.V.||12.06%||52.89%||13.98%|
Valuation and Earnings
This table compares Forum Energy Technologies and Core Laboratories N.V.’s revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||NetIncome||Earnings Per Share||Price/Earnings Ratio|
|Forum Energy Technologies||$587.60 million||2.38||-$81.97 million||($1.26)||-10.28|
|Core Laboratories N.V.||$594.74 million||7.43||$63.89 million||$1.73||57.82|
Core Laboratories N.V. has higher revenue and earnings than Forum Energy Technologies. Forum Energy Technologies is trading at a lower price-to-earnings ratio than Core Laboratories N.V., indicating that it is currently the more affordable of the two stocks.
This is a summary of current ratings for Forum Energy Technologies and Core Laboratories N.V., as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Forum Energy Technologies||0||12||3||0||2.20|
|Core Laboratories N.V.||1||6||6||0||2.38|
Forum Energy Technologies presently has a consensus price target of $18.36, indicating a potential upside of 41.75%. Core Laboratories N.V. has a consensus price target of $109.50, indicating a potential upside of 9.47%. Given Forum Energy Technologies’ higher probable upside, equities research analysts plainly believe Forum Energy Technologies is more favorable than Core Laboratories N.V..
Core Laboratories N.V. pays an annual dividend of $2.20 per share and has a dividend yield of 2.2%. Forum Energy Technologies does not pay a dividend. Core Laboratories N.V. pays out 127.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Core Laboratories N.V. beats Forum Energy Technologies on 10 of the 15 factors compared between the two stocks.
Forum Energy Technologies Company Profile
Forum Energy Technologies, Inc. is an oilfield products company. The Company designs, manufactures and distributes products, and engages in aftermarket services, parts supply and related services. The Company operates through three segments: Drilling & Subsea, Completions, and Production & Infrastructure. The Drilling & Subsea segment designs and manufactures products, and provides related services to the drilling and subsea construction markets. The Completions segment designs, manufactures and supplies products, and provide related services to the well construction, completion, stimulation and intervention markets. The Production & Infrastructure segment designs, manufactures and supplies products, and provides related equipment and services to production and infrastructure markets. Its product offering includes a mix of engineered capital products and replaced items that are used in the exploration, development, production and transportation of oil and natural gas.
Core Laboratories N.V. Company Profile
Core Laboratories N.V. provides reservoir description, production enhancement and reservoir management services to the oil and gas industry. The Company operates through three segments: Reservoir Description, Production Enhancement and Reservoir Management. The Reservoir Description segment encompasses the characterization of petroleum reservoir rock, fluid and gas samples. It provides analytical and field services to characterize properties of crude oil and petroleum products to the oil and gas industry. The Production Enhancement segment includes products and services relating to reservoir well completions, perforations, stimulations and production. It provides integrated diagnostic services to evaluate the effectiveness of well completions. The Reservoir Management segment combines and integrates information from reservoir description and production enhancement services to increase production and recovery of oil and gas from its clients’ reservoirs.
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