Flotek Industries, Inc. is an AMEX listed security that has been trading in a range between $6.78 and $33.50 over the past year. With 18,163,310 shares outstanding, a recent price of $32.10 gives a total market capitalization of $571,780,990. While there are certainly larger companies, Flotek Industries, Inc. has definitely earned its place in the pack. Last year, Flotek Industries, Inc. created $0.71 in earnings for every share outstanding.
Flotek Industries, Inc. is currently priced by the market at 44.20 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.
With a share price under $50 a share and earnings per share below $1 a share, Flotek Industries, Inc. could be an interesting value proposition.
Showing posts with label Oilfield Services. Show all posts
Showing posts with label Oilfield Services. Show all posts
Sunday, July 15, 2007
Thursday, July 12, 2007
Weatherford International Ltd.
Weatherford International Ltd. is among the world’s largest Oil and Gas Equipment and Services sector businesses in the world. Weatherford International Ltd.’s employees generate $974.6M in profits on $6.895B of revenue. Global output in the Oil and Gas Equipment and Services business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Weatherford International Ltd. is determined to remain a market leader. Sectoral leadership in the Oil and Gas Equipment and Services segment takes dedication and consistency, but management seeks out-sized growth.
Weatherford International Ltd.’s ticker symbol WFT has recently been trading near $55.03 a share. The Weatherford International Ltd. corporate headquarters in Houston TX predicts Oil and Gas Equipment and Services profits will satisfy shareholders in search of risk-appropriate returns.
The significance of market volume is sometimes ignored, but with a total market capitalization of $18.562B ensures sufficient liquidity. With a beta of 1.20, the company is more volatile than the market as a whole. When the average equity moves higher, Weatherford International Ltd. moves more aggressively.
Weatherford International Ltd.’s ticker symbol WFT has recently been trading near $55.03 a share. The Weatherford International Ltd. corporate headquarters in Houston TX predicts Oil and Gas Equipment and Services profits will satisfy shareholders in search of risk-appropriate returns.
The significance of market volume is sometimes ignored, but with a total market capitalization of $18.562B ensures sufficient liquidity. With a beta of 1.20, the company is more volatile than the market as a whole. When the average equity moves higher, Weatherford International Ltd. moves more aggressively.
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