Michael Filloon
Oil & gas, energy, hedge fund manager, commodities

Bakken Update's 2014 Stock Picks: Fraccing Fluid Producers

My call on Flotek (NYSE:FTK) back in August could turn out to be a big winner in 2014. I have been positive the name since March of 2011, when the stock traded for just $6/share. It is a great story that involves a business mostly controlled by large oil service companies like Halliburton (NYSE:HAL), Schlumberger (NYSE:SLB) and Baker Hughes (NYSE:BHI). Most of the fluids used today are a combination of chemicals designed to pull resource from rock.

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Halliburton's CleanStim fraccing fluids are completely sourced from the food industry, and the best-known biodegradable name in the space. Flotek's nano fluids are a direct competitor.

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Although there are...

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