It is shown that reinforcement of PTFE by 15% of multiwall carbon nanotubes (MWNT) results in more than 2 times increase of strength parameters compared to starting PTFE matrix. Non-trivial temperature dependences of electrical resistance and thermal electromotive force were observed. Percolation threshold determined from dependence of the composite specific resistance on MWNT concentration was near 6% mass. Concentration and nature of oxygencontaining MWNT surface groups influence the strength parameters of the composite material.