Reviewing Coil Tubing Technology (OTCMKTS:CTBG) and Weatherford International (NASDAQ:WFRD) - Defense World

2022-07-10 01:32:39 By : Mr. mftecknology W

Posted by admin on Jul 7th, 2022

Weatherford International (NASDAQ:WFRD – Get Rating) and Coil Tubing Technology (OTCMKTS:CTBG – Get Rating) are both oils/energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, earnings, valuation, institutional ownership, profitability, risk and analyst recommendations.

93.1% of Weatherford International shares are owned by institutional investors. 0.6% of Weatherford International shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

This table compares Weatherford International and Coil Tubing Technology’s net margins, return on equity and return on assets.

This table compares Weatherford International and Coil Tubing Technology’s top-line revenue, earnings per share and valuation.

Coil Tubing Technology has lower revenue, but higher earnings than Weatherford International.

This is a summary of recent recommendations and price targets for Weatherford International and Coil Tubing Technology, as reported by MarketBeat.com.

Weatherford International currently has a consensus price target of $46.50, indicating a potential upside of 153.27%. Given Weatherford International’s higher possible upside, equities research analysts plainly believe Weatherford International is more favorable than Coil Tubing Technology.

Weatherford International beats Coil Tubing Technology on 5 of the 8 factors compared between the two stocks.

About Weatherford International (Get Rating)

Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide. The company operates in two segments, Western Hemisphere and Eastern Hemisphere. It offers artificial lift systems, including reciprocating rod, progressing cavity pumping, gas, hydraulic, plunger, and hybrid lift systems, as well as related automation and control systems; pressure pumping and reservoir stimulation services, such as acidizing, fracturing, cementing, and coiled-tubing intervention; and drill stem test tools, surface well testing, and multiphase flow measurement services. The company also provides safety, downhole reservoir monitoring, flow control, and multistage fracturing systems, as well as sand-control technologies, and production and isolation packers; liner hangers to suspend a casing string in high-temperature and high-pressure wells; cementing products, including plugs, float and stage equipment, and torque-and-drag reduction technology for zonal isolation; and pre-job planning and installation services. In addition, it offers directional drilling services, and logging and measurement services while drilling; services related to rotary-steerable systems, high-temperature and high-pressure sensors, drilling reamers, and circulation subs; rotating control devices and advanced automated control systems, as well as closed-loop drilling, air drilling, managed-pressure drilling, and underbalanced drilling services; open hole and cased-hole logging services; and intervention and remediation services. Further, the company provides tubular handling, management, and connection services; and re-entry, fishing, wellbore cleaning, and well abandonment services, as well as patented bottom hole, tubularhandling equipment, pressure-control equipment, and drill pipe and collars. The company was incorporated in 1972 and is based in Houston, Texas.

About Coil Tubing Technology (Get Rating)

Coil Tubing Technology, Inc., a coil tubing company, focuses on the development, marketing, and rental of advanced tools and related technical solutions for use with coil tubing and jointed pipe in the bottom hole assembly for the exploration and production of hydrocarbons worldwide. The company's products include jar accelerator, extended reach, bi-directional jar, jet hammer, jet motor, spinning wash, bumper sub, vibrational agitation, and indexing tools. Its products are used in thru-tubing fishing, thru-tubing workover and intervention, pipeline clean out, and coil tubing lateral drillout operations. The company is headquartered in Houston, Texas.

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