Partial oxidation of nanocarbon materials is one of the most straightforward methods to improve their compatibility with other materials, which widens its application potential. This work studied how the microstructure and properties of high crystallinity single-walled carbon nanotubes (SWCNTs) can be tailored by applying the modified Hummers method. The influence of temperature (0, 18, 40 °C), reaction time (0 min to 7 h), and the amount of KMnO4 oxidant was monitored. The results showed that depending on the oxidation conditions, the electronic characteristics of the material could be adjusted. After optimizing the parameters, the SWCNTs were much more conductive (1369 ± 84 S/cm with respect to 283 ± 32 S/cm for the untreated material). At the same time, the films made from them exhibited hydrophilic character of the surface (water contact angle changed from 71° to 27°).