COIL TUBING TECHNOLOGY INC
OOTC:CTBG0.00
USD
0.00
(0.00%)
ISIN
US1925812059
CUSIP
192581205
Return %
Stock
S&P 500
1Y
0.00
14.39
3Y
0.00
81.42
5Y
-98.83
68.62
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Jeff Chestnut
- Full Time Employees
- 26
- Sector
- Industrial services
- Industry
- Oilfield services/Equipment
- Address
- 23722 Loop 494 Houston TX United States 77365
- IPO Date
- May 10, 2000
- Website
- coiltubingtechnology.com
- Similar Companies
- Business
- Coil Tubing Technology, Inc. Coil Tubing Technology, Inc. (CTBG) develops, manufactures, markets and rents proprietary specialty tools and innovative technical solutions for coiled tubing and jointed pipe applications in bottom hole assemblies used for hydrocarbon exploration and production worldwide; core products include jar accelerators, extended reach tools, bi-directional jars, jet hammers, jet motors, spinning wash tools, bumper subs, vibrational agitation devices, indexing tools, Amplidyne, Ampli-Max, H/H jars, jet nozzles, oscillators, rotating tools and extreme pulse technology, supporting thru-tubing fishing, thru-tubing workover and intervention, pipeline cleanouts and coiled tubing lateral drillout operations; the company offers turnkey tool packages with standard and proprietary downhole tools backed by support services or single-item rentals. Founded in 1999 and headquartered in Houston, Texas, Coil Tubing Technology, Inc. operates through subsidiaries including Coil Tubing Technology Holdings, Inc. (Nevada), Total Downhole Solutions, Inc. and Coil Tubing Technology, Inc. (Texas), Coil Tubing Technology Canada Inc. (Alberta) and a 51% interest in Excel Inspection, LLC, with service centers in Houston and Red Deer, Alberta, serving oil and gas clients regionally, nationally and internationally. In November 2024, the company entered a joint venture with Azure Holdings Group Corp. (AZRH), contributing $14 million in coiled tubing technology tools at lower of cost or market value to a wholly owned AZRH subsidiary in exchange for 50/50 profit sharing and granting AZRH exclusive distribution rights for broader technologies, effective November 12, 2024, to enhance sales and distribution leveraging over 40 years of oil and gas relationships.