Flotek Industries, Inc. operates as a technology-driven chemistry and data company that serves customers across industrial, commercial, and consumer markets in the United States, the United Arab Emirates, and internationally. It operates in two segments, Chemistry Technologies and Data Analytics. The Chemistry Technologies segment designs, develops, manufactures, packages, distributes, delivers, and markets reservoir-centric fluid systems, including specialty and conventional chemistries, for use in oil and gas well drilling, cementing, completion, remediation, and stimulation activities designed to maximize recovery in new and mature fields, as well as to reduce health and environmental risk by using greener chemicals. This segment serves integrated oil and gas, oilfield services, independent oil and gas, international supply chain management, and national and state-owned oil companies. The Data Analytics segment designs, develops, produces, sells, and supports equipment and services that create and provide valuable real time information about the composition and properties for customers' oil, natural gas, and refined products. This segment sells Verax analyzers, deployed in the field across the oil and gas sector, to support contracts and software services via its cloud-based Viper software platform, as well as sells hardware-related solutions. It sells its products directly through its sales force and contractual agency arrangements. The company was incorporated in 1985 and is headquartered in Houston, Texas.
IPO Year:
Exchange: NYSE
Website: flotekind.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/25/2024 | $6.50 | Buy | ROTH MKM |
| 4/29/2024 | $7.00 | Buy | Alliance Global Partners |
| 7/1/2021 | $2.50 | Outperform | Noble Capital Markets |
4 - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Issuer)
4 - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Issuer)
4 - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Issuer)
4 - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Issuer)
4 - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Issuer)
3 - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Issuer)
4 - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Issuer)
4 - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Issuer)
4 - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Issuer)
4 - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Issuer)
4 - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Issuer)
4 - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Issuer)
4 - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Issuer)
4 - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Issuer)
4 - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Issuer)
10-Q - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Filer)
8-K - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Filer)
8-K/A - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Filer)
DEFA14A - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Filer)
8-K - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Filer)
DEFA14A - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Filer)
DEF 14A - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Filer)
11-K - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Filer)
10-K - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Filer)
8-K - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Filer)
ROTH MKM initiated coverage of Flotek Industries with a rating of Buy and set a new price target of $6.50
Alliance Global Partners initiated coverage of Flotek Industries with a rating of Buy and set a new price target of $7.00
Noble Capital Markets initiated coverage of Flotek Industries with a rating of Outperform and set a new price target of $2.50
HOUSTON, May 6, 2025 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced operational and financial results for the quarter ended March 31, 2025. First quarter 2025 results were the strongest quarterly results in terms of revenue, gross profit, net income and adjusted EBITDA (1) in the last 5 years. Financial Summary (in thousands, except 'per share' amounts) Three Months Ended March 31, 2025 2024 % Change Total Revenues $ 55,362 $ 40,374 37 % Gross Profit $ 12,449 $
HOUSTON, April 28, 2025 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek") (NYSE:FTK) and ProFrac Holding Corp. (NASDAQ:ACDC) ("ProFrac") today jointly announced Flotek's acquisition of power generation assets and related intellectual property (the "Acquired Assets") from ProFrac GDM, LLC ("ProFrac GDM"), a subsidiary of ProFrac, for $105 million. Flotek concurrently entered into an agreement for a six-year dry lease of the Acquired Assets with ProFrac GDM (the "Lease Agreement"). The Acquired Assets include digitally enhanced mobile natural gas conditioning and distribution u
HOUSTON, April 3, 2025 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced the Company's schedule for releasing its first quarter 2025 financial and operating results for the period ended March 31, 2025. The Company plans to issue its first quarter 2025 financial and operating results press release after market close on Tuesday, May 6, 2025, and will host its earnings conference call on Wednesday, May 7, 2025, at 9:00 a.m. CST (10:00 a.m. EST). Participants may access the call through Flotek's website at www.flotekind.com under "Ne
HOUSTON, March 10, 2025 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced operational and financial results for the fourth quarter and full-year ended December 31, 2024. Fourth quarter 2024 results were the strongest quarterly results of 2024 in terms of revenue, gross profit, net income and adjusted EBITDA (1). Financial Summary (in thousands, except 'per share' amounts) Three Months Ended December 31, Twelve Months Ended December 31, 2024 2023 2024 2023 Total Revenues $ 50,758 $ 42,188 $ 187,025 $
HOUSTON, Jan. 30, 2025 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced the Company's schedule for releasing its fourth quarter and full-year financial and operating results for the periods ended December 31, 2024. Chief Executive Officer Dr. Ryan Ezell commented, "We look forward to reporting our fourth quarter results, which we currently expect will be the strongest in terms of net income and adjusted EBITDA (1) as compared to the previously reported quarterly results for 2024. Our continued financial and operational improvement
HOUSTON, Nov. 4, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced operational and financial results for the quarter ended September 30, 2024, highlighted by significant improvement in profitability metrics as compared to the third quarter of 2023. Due to the strong results achieved through the first nine months of the year, the Company increased its 2024 profit guidance. Financial Summary (in thousands, except 'per share' amounts) Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Total Revenu
HOUSTON, Oct. 7, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced the Company's schedule for releasing its third quarter 2024 financial and operating results for the period ended September 30, 2024. The Company plans to issue its third quarter 2024 financial and operating results press release after market close on Monday, November 4, 2024, and host its earnings conference call on Tuesday, November 5, 2024, at 9:00 a.m. CST (10:00 a.m. EST). Participants may access the call through Flotek's website at www.flotekind.com under
HOUSTON, Aug. 6, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced operational and financial results for the quarter ended June 30, 2024, highlighted by significant improvement in profitability metrics as compared to the second quarter of 2023. Due to the strong business performance in the first half of the year, the Company increased its 2024 profitability guidance. Financial Summary (in thousands, except 'per share' amounts) Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Total Revenues $
HOUSTON, July 9, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced the Company's schedule for releasing its second quarter 2024 financial and operating results for the period ended June 30, 2024. The Company plans to release its second quarter 2024 financial and operating results press release after market close on Tuesday, August 6, 2024, and host its earnings conference call on Wednesday, August 7, 2024, at 9:00 a.m. CST (10:00 a.m. EST). To participate in the earnings conference call, participants should access the webcast o
HOUSTON, May 7, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced operational and financial results for the quarter ended March 31, 2024, highlighted by significant improvement in profitability metrics as compared to the first quarter of 2023. Financial Summary (in thousands, except per share amounts) Three months ended March 31, 2024 2023 % Change Total Revenues $ 40,374 $ 48,007 (16) % Gross Profit $ 8,821 $ 1,880 369 % Adjusted Gross Profit (1)
SC 13D/A - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Subject)
SC 13D/A - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Subject)
SC 13D/A - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Subject)
SC 13D/A - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Subject)
SC 13D/A - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Subject)
SC 13D/A - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Subject)
SC 13D/A - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Subject)
SC 13D/A - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Subject)
SC 13G/A - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Subject)
SC 13G/A - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Subject)
HOUSTON, May 6, 2025 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced operational and financial results for the quarter ended March 31, 2025. First quarter 2025 results were the strongest quarterly results in terms of revenue, gross profit, net income and adjusted EBITDA (1) in the last 5 years. Financial Summary (in thousands, except 'per share' amounts) Three Months Ended March 31, 2025 2024 % Change Total Revenues $ 55,362 $ 40,374 37 % Gross Profit $ 12,449 $
Join us as we celebrate three decades of bringing together the energy industry's companies, investors, analysts, and industry leaders! Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference featuring a broad group of public and private energy companies at www.enercomdenver.com A robust list of companies has confirmed their participation, and more are being added daily Sponsorship opportunities are available for companies seeking to increase marketplace and brand awareness through EnerCom's multi-digital approach before, during, and after each event DENVER, April 29, 2025 /PRNewswire/ -- EnerCom, Inc. today opened registration for its 30th annual EnerCo
HOUSTON, April 28, 2025 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek") (NYSE:FTK) and ProFrac Holding Corp. (NASDAQ:ACDC) ("ProFrac") today jointly announced Flotek's acquisition of power generation assets and related intellectual property (the "Acquired Assets") from ProFrac GDM, LLC ("ProFrac GDM"), a subsidiary of ProFrac, for $105 million. Flotek concurrently entered into an agreement for a six-year dry lease of the Acquired Assets with ProFrac GDM (the "Lease Agreement"). The Acquired Assets include digitally enhanced mobile natural gas conditioning and distribution u
HOUSTON, April 3, 2025 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced the Company's schedule for releasing its first quarter 2025 financial and operating results for the period ended March 31, 2025. The Company plans to issue its first quarter 2025 financial and operating results press release after market close on Tuesday, May 6, 2025, and will host its earnings conference call on Wednesday, May 7, 2025, at 9:00 a.m. CST (10:00 a.m. EST). Participants may access the call through Flotek's website at www.flotekind.com under "Ne
HOUSTON, March 10, 2025 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced operational and financial results for the fourth quarter and full-year ended December 31, 2024. Fourth quarter 2024 results were the strongest quarterly results of 2024 in terms of revenue, gross profit, net income and adjusted EBITDA (1). Financial Summary (in thousands, except 'per share' amounts) Three Months Ended December 31, Twelve Months Ended December 31, 2024 2023 2024 2023 Total Revenues $ 50,758 $ 42,188 $ 187,025 $
EnerCom Denver – The Energy Investment Conference will celebrate 30 years of bringing together the broader energy sector, including companies, investors, analysts, and industry leaders! Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER, March 4, 2025 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce a robust list of companies have already confirmed their attendance for the 30th annual EnerCom Denver – The Energy Investment Conference to be held August 17-20, 2025, at the Westin Downtown Denver. EnerCom Denver
HOUSTON, Jan. 30, 2025 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced the Company's schedule for releasing its fourth quarter and full-year financial and operating results for the periods ended December 31, 2024. Chief Executive Officer Dr. Ryan Ezell commented, "We look forward to reporting our fourth quarter results, which we currently expect will be the strongest in terms of net income and adjusted EBITDA (1) as compared to the previously reported quarterly results for 2024. Our continued financial and operational improvement
NEW YORK, NY / ACCESS Newswire / January 21, 2025 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day January Micro-Cap Conference taking place Wednesday and Thursday, January 22-23, 2025. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.Presentation Schedule*All Times ESTWednesday, January 22, 2025 (Day 1)8:30-9:00Rectitude Holdings Ltd (RECT)*****9:15-9:45Rezolve AI (RZLV)Alico (ALCO)10:00-10:30Harvard Bioscience (HBIO)Flotek Industries (FTK)10:45-11:15Amesite Inc. (AMST)*****11:30-12:00*****Forum Energy Technologies Inc (FET)12:15-12
HOUSTON, Dec. 30, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today provided an update regarding flare monitoring regulations issued by the Environmental Protection Agency ("EPA"). On December 20, 2024, the EPA issued proposed amendments to its New Source Performance Standards and Emission Guidelines for Existing Sources for the Crude Oil and Natural Gas Source Category ("OOOOb") rules issued on May 8, 2024, with respect to monitoring the Net Heating Value ("NHV") of flares to ensure that methane emissions are minimized. While the proposed amendments address many industry concerns regarding the complexity of the testing, they do not materially change t
HOUSTON, Nov. 4, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced operational and financial results for the quarter ended September 30, 2024, highlighted by significant improvement in profitability metrics as compared to the third quarter of 2023. Due to the strong results achieved through the first nine months of the year, the Company increased its 2024 profit guidance. Financial Summary (in thousands, except 'per share' amounts) Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Total Revenu
HOUSTON, June 11, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) announced today that the company is set to join the Russell Microcap® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1, 2024. The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization. Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in th
HOUSTON, June 10, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced that it has appointed Leon Chad as Senior Vice President, Commercial, effective June 3, 2024. This appointment serves as the replacement for the Company's Senior Vice President- Global Business Lines who departed in March 2024. With over three decades of both domestic and international experience in the energy and chemistry industries, Mr. Chad brings invaluable expertise that will further enhance the Company's strategy to drive market share gains through its d
HOUSTON, March 4, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced that it has appointed Amy Blakeway as Senior Vice President, General Counsel, effective March 1, 2024. With over a decade of legal experience in the energy sector, Ms. Blakeway brings unique expertise that will further strengthen the leadership team and help advance the Company's growth strategy to drive market share gains through its differentiated chemistry and data solutions. Ryan Ezell, Chief Executive Officer, said, "I am pleased to welcome Amy as the newe
HOUSTON, Sept. 20, 2023 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced that it has appointed Tom Redlinger as Vice President of its rapidly expanding, high margin Data Analytics segment. The appointment of Mr. Redlinger further strengthens the executive leadership team, while bringing deep energy industry expertise to the Data Analytics business, which supports customers through real-time data, monitoring, and visualization across the energy value chain utilizing the Company's proprietary JP3 unit. Ryan Ezell, Chief Executive Off
Dr. Ezell Brings Over Two Decades of Leadership and Operating Experience in the Energy Industry Interim CEO Harsha V. Agadi To Be Appointed Non-Executive Chairman of the Board and Will Assist with the Leadership Transition HOUSTON, June 7, 2023 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK), a leader in technology-driven specialty green chemistry and data analytics solutions, today announced that President Ryan Ezell has been named Chief Executive Officer of Flotek and will join the Board of Directors, effective June 8, 2023. He succeeds interim CEO Harsha V. Agadi, who has been elected Non-Executive Chairman of the Board, effective June 8, 2023, succeeding D
HOUSTON, Dec. 19, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek") (NYSE:FTK), a leader in technology-driven specialty green chemistry solutions, today announced the appointment of Mr. Bond Clement to the role of Chief Financial Officer. Mr. Clement began his career in 1993 within Arthur Andersen's assurance services group focused primarily on energy related clients. He has more than 25 years of financial and accounting experience within the energy sector. Mr. Clement served for 17 years with PetroQuest Energy Inc., which was a publicly traded exploration and production