written by reader The single most profitable company in the oil patch today

by hd123sftail | February 14, 2012 9:28 pm

This tease says the company has 85% profits, has something to do with processing the waste water[1] from the fracking[2] process. It reduces the waste so much they only require 1-2 trucks instead of 50 to 100. They also mention a 7% dividend. It comes from Keith Schaeffer, oil[3] and gas investments

Endnotes:
  1. water: https://www.stockgumshoe.com/tag/water/
  2. fracking: https://www.stockgumshoe.com/tag/fracking/
  3. oil: https://www.stockgumshoe.com/tag/oil/

Source URL: https://www.stockgumshoe.com/2012/02/microblog-the-single-most-profitable-company-in-the-oil-patch-today/


7 responses to “written by reader The single most profitable company in the oil patch today”

  1. hd123sftail says:

    Heres a little more to the pitch “Dividend Payments that Flow like Water
    As I mentioned, the company has a strong cash position, and its dividend currently kicks off a yield of roughly 7%. ” also “It’s an ideal situation for this company. So let me recap…
    # 1. Market share in this rapidly growing industry is still measured in just single digits.
    # 2. Demand is accelerating for this company’s win-win solution – one which benefits everyone involved.
    # 3. The company has this fast-growing market practically cornered.
    # 4. It’s a cash flow machine — with profit margins of 85% or more.
    Cheaper. Safer. Cleaner. More profitable. And in total control of the new breed of water-services segment.”
    Anyone have any ideas?

  2. Patricia Gustin says:

    It is not HEK, but that is the fracking water treatment stock that Cramer talks about, not that that should be buy signal. There is no dividend listed, so not the company.

  3. grayshadow says:

    I was looking for info on this and came across this company, Altela, Inc.
    Quoted from their web site.
    “Altela, Inc. offers a fundamentally different water desalination/decontamination solution inspired by nature itself. Through the use of its proprietary, patented AltelaRain® technology”
    http://www.altelainc.com/

    Sounds like this technology might be what he is talking about and they are working on some drill sites but Altela is a private company from what I can tell.

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