Supplier to the Canadian Energy Industry and provider of materials to other resource based industries. It enables companies that produce, process and transmit hydrocarbons and fluids by managing the supply of complex products needed for their operations.
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CE Franklin is to the Canadian natural resource industry as Levis was to western gold miners. I hear the counter argument, we're at the peak of a cyclical industry, but on the flip side CFK is 60% off all time highs, trades at book values, no debt and a 7 PE ratio? Sounds like bargain.