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Flotek Industries Inc. (FTK) Has Sustainable Business Strength in the Vital Basic Materials Sector

There is no alternative to working at great depths below the surface of the earth. Energy and water are two vital components of life that every country must tap from under its territory. The future holds even greater promise for this vast field of underground working as countries such as Australia take leads in working under the surfaces of their territorial waters.

This corporation from the sector of basic materials has a business presence in drilling that is sharp and broad at the same time. It achieves this dual strength by operating autonomous subsidiaries in the fields of actual drilling operations, the logistics of moving specialty chemicals to drilling sites, and the pumps and related devices that are needed for bringing a variety of gases and liquids from great depths to the surface of the earth. The company is therefore an unbeatable service provider for a range of industries from oil and gas exploration to individual realty owners in search of water sources.

Periodic strategic acquisitions have kept adding to the value of the stock. The company is able to excel in fabricating specialized tools for drilling, supplying large amounts of chemicals in time to support drilling operations, and in the supply of pumping systems that can work in submersed and other exacting conditions. The management has developed a capability of technology appraisal that gives its business potentials the ability to cross national and currency barriers.

Though investors can enjoy superior prospects for this stock, it is not necessary in this case to rely on future projections alone. The stock is already ahead of its peers in the chemical manufacturing industry in terms of revenue growth, and gross margin: the Price to Earnings Ratio is also better in immediate stock investment terms.

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