Coil Tubing Technology Inc. Stock Analysis CTBG

Coil Tubing Technology, Inc. engages in the provision of coiled tubing tools and equipment to the oilfield well service industry and oil companies. The company is headquartered in Houston, Texas. The company went IPO on 2000-05-10. The core business of the Company is development and marketing of specialty tools and related technical solutions used with coiled tubing and jointed pipe in the bottomhole assembly for the exploration and production of hydrocarbons. The company specializes in the design of proprietary tools for the coiled tubing industry, concentrating on four categories of tubing applications: thru-tubing fishing, thru-tubing workover and intervention, pipeline clean out, and coil tubing lateral drill out operations. The firm offers a turnkey tool package containing a full line of standard tools and proprietary downhole tools or a single item tool rental. Its products include CTT Amplidyne, CTT Ampli-Max, CTT H/H Jar, CTT Jet Hammer Tool, CTT Jet Motor Tool, CTT Jet Nozzle, CTT Long Stroke Bumper Sub Tool, CTT Oscillator, CTT Rotating Tool, and Extreme Pulse Technology.