Both in Oil & Gas Field Equipment

DNOW vs Forum Energy Technologies

Over the past year DNOW returned +11.0% and FET returned +217.2%; their daily moves had a correlation of 0.20.

DNOW +11.0% FET +217.2%Growth of $1, one year, split-adjusted
MetricDNOWFET
Price$16.31$84.94
Market cap$2.95B$974.5M
Today−2.10%−4.30%
1 month+6.7%+3.2%
6 months+21.6%+44.6%
Year to date+23.1%+129.9%
1 year+10.6%+164.4%
Revenue growth (YoY)+108.1%+20.7%
Gross margin18.6%31.4%
Net margin−1.6%4.7%
P/E (TTM)—32.3×
Price / sales0.7×1.1×
Net cash-$360.0M-$92.5M
Dividend yield——
Volatility (60d)33.9%45.3%
Short % of float5.5%4.7%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).