Forbes Energy Services Competitors and Similar CompaniesClear all

Forbes Energy Services's competitors and similar companies include Ranger Energy Services, NexTier Oilfield Solutions, Newfield Exploration and PrimeEnergy.

	Forbes Energy Services Forbes Energy Services is an independent oilfield services contractor that provides a broad range of drilling and production related services to oil and natural gas companies.	Ranger Energy Services Ranger Energy Services is an oil and gas completion and production solutions company.	NexTier Oilfield Solutions NexTier Oilfield Solutions is a land oilfield focused service company.	Newfield Exploration Newfield is an independent crude oil and natural gas exploration and production company.	PrimeEnergy PrimeEnergy Corporation is an independent oil and gas company actively engaged in acquiring, developing and producing oil and natural gas.
Founding Date	Founding Date 2008	Founding Date 2017	Founding Date 2019	Founding Date N/A	Founding Date 1973
Type	Type Public	Type Public	Type Public	Type Subsidiary	Type Public
Tags	Tags Energy & Utilities contractor drilling natural gas oil	Tags Energy & Utilities drilling heavy equipment logistics oil & gas	Tags Energy & Utilities drilling engineering oil & gas	Tags Energy & Utilities drilling exploration & development natural gas oil	Tags Energy & Utilities Manufacturing & Industrial contractor drilling exploration & development natural gas oil oil & gas
Locations	Locations Alice, US HQ Alice, US	Locations Houston, US HQ Calumet, US Dickinson, US Hobbs, US Houston, US Milliken, US New Town, US see more	Locations Houston, US HQ Brighton, US Canonsburg, US Cheyenne, US Denver, US Dickinson, US El Reno, US see more	Locations The Woodlands, US HQ Fort Nelson, CA Grande Prairie, CA Halifax, CA Pouce Coupe, CA Sexsmith, CA Midland, US see more	Locations Houston, US HQ
Employees	Employees 1,17840% increase	Employees 70036% decrease	Employees 4,30229% increase	Employees 594	Employees 1568% increase
Valuation ($)	Valuation ($) 717	Valuation ($) 283.4 m	Valuation ($) 2.4 b	Valuation ($) N/A	Valuation ($) 287.9 m
Financial
Revenue (est.)	Revenue (est.) $188.4m (FY, 2019)	Revenue (est.) $546.9m (FY, 2025)	Revenue (est.) $3.2b (FY, 2022)	Revenue (est.) $1.8b (FY, 2017)	Revenue (est.) $189.1m (FY, 2025)
Cost of goods	Cost of goods $159.6m (FY, 2019)	Cost of goods N/A	Cost of goods $2.5b (FY, 2022)	Cost of goods N/A	Cost of goods $6.2m (FY, 2025)
Gross profit	Gross profit $28.8m (FY, 2019)	Gross profit N/A	Gross profit $754.7m (FY, 2022)	Gross profit N/A	Gross profit $182.9m (FY, 2025)
Net income	Net income ($68.4m) (FY, 2019)	Net income $12.3m (FY, 2025)	Net income $315m (FY, 2022)	Net income $427m (FY, 2017)	Net income $26.3m (FY, 2025)