Coil Tubing Technology, Inc. (CTBG)
Coil Tubing Technology, Inc. operates in the Oil & Gas Equipment & Services industry of the Energy sector, headquartered in Porter, TX, US. The stock last traded at $0.00, up 0.00% on the session, giving a market capitalisation of $3,126. On trailing twelve-month figures it carries a trailing P/E of -0.01, a net margin of -4.6%. Its beta of 9.21 implies it has historically moved more than the broad market.
Coil Tubing Technology, Inc. (CTBG) operates as a specialized enterprise within the coil tubing sector. The company is dedicated to creating, commercializing, and renting sophisticated equipment along with complementary technical solutions. These products are designed for integration with both coiled tubing and conventional jointed pipe in downhole assemblies, playing a crucial role in global hydrocarbon exploration and extraction efforts. CTBG's comprehensive product portfolio includes devices like the jar accelerator, extended reach tool, bi-directional jar, jet hammer, jet motor, spinning wash tool, bumper sub, vibrational agitation tools, and various indexing tools. These instruments are employed across a range of vital operations such as thru-tubing fishing, workover and intervention activities, pipeline clean-outs, and coil tubing lateral drill-outs. The firm's primary base of operations is situated in Houston, Texas.
Coil Tubing Technology, Inc. is most often compared with the following Energy names: