Flotek Industries

Flotek Industries, Inc. is a technology-driven, specialty chemistry and data company that serves customers across industrial, commercial and consumer markets. It operates through the following segments: Chemistry Technologies and Data Analytics. The Chemistry Technologies segment develops, manufactures, packages, distributes delivers, and markets sanitizers and disinfectants for commercial, governmental and personal consumer use and also includes specialty chemistries and logistics which enable customers to improve efficiencies in the drilling and completion of well. The Data Analytics segment includes the design, development, production, sale and support of equipment and services that create and provide valuable information about the composition of energy customer's hydrocarbon fluids. The firm also empowers the energy industry to maximize the value of hydrocarbon streams and improve return on invested capital through real-time data platforms and chemistry technologies. It serves downstream, midstream and upstream customers, both domestic and international. The company was founded on May 17, 1985 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Flotek Industries reports robust Q3 earnings and eyes global expansion

Flotek Industries delivered strong financial performance in Q3 2024, with notable revenue growth and improved profitability metrics.
While facing challenges in a competitive landscape, the company's focus on innovation and cost efficiency presents opportunities for sustained growth.
By emphasizing revenue growth, market expansion, and shareholder value, Flotek is poised to capitalize on opportunities and drive long-term success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Flotek Industries, Inc. engages in the business of creating unique solutions to reduce the environmental impact of energy on air, water, land, and people. It operates through the following segments: Chemistry Technologies (CT), Data Analytics (DA), and Corporate and Other. The CT segment includes developing, manufacturing, packaging, distributing, delivering, and marketing green specialty chemicals that help customers meet their environmental, social, and governance and operational goals and aims to enhance the profitability of hydrocarbon producers. The DA segment focuses on enabling users to maximize the value of their hydrocarbon associated processes by providing real-time data and analytics associated with the streams in seconds rather than minutes or days. The company was founded on May 17, 1985 and is headquartered in Houston, TX.

AUSTIN, Texas, Oct. 27, 2021 /PRNewswire/ -- JP3 Measurement, LLC ("JP3"), a wholly-owned subsidiary of Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the release of a new generation of international ATEX/IECEx certified online analyzers. The Verax ISX/IMX™ analysers ("Verax™") are specifically designed to withstand routine exposure to extreme outdoor environments, ambient temperatures up to 55°C/131°F and sandstorm pollution common to international environments.

Flotek Industries, Inc. Releases New International ATEX/IECEx-Certified Verax ISX/IMX™ Online Analyzers

AUSTIN, Texas, Oct. 15, 2021 /PRNewswire/ -- JP3 Measurement, LLC ("JP3"), a wholly-owned subsidiary of Flotek Industries, Inc. (NYSE: FTK) today announced the release of AIDA, a revolutionary new patent pending application for its line of VeraxTM near infrared real-time analyzers. Short for "Automated Interface Detection Algorithm," the AIDA application provides real-time detection of interfaces in a liquids pipeline.

Flotek Industries, Inc. Releases AIDA, an Advanced Machine Learning Application to Reduce Transmix-Related Costs

Emmaus Life Sciences Incorporation

Optex Systems Holdings Inc

When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.

3 Penny Stocks Insiders Are Buying

Flotek Industries (FTK) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

After Plunging 20% in 4 Weeks, Here's Why the Trend Might Reverse for Flotek Industries (FTK)

HOUSTON, Aug. 12, 2021 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced that the Company's Chairman, President, and Chief Executive Officer John W. Gibson, Jr. will present at EnerCom's The Oil & Gas Conference in Denver, Colorado, on Tuesday, August 17, 2021, at 5:25 p.m.

Flotek Industries To Present At EnerCom's The Oil & Gas Conference

Flotek Industries, Inc. (FTK) CEO John Gibson on Q2 2021 Results - Earnings Call Transcript

HOUSTON, Aug. 9, 2021 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced second quarter results for the three months ended June 30, 2021. John W.

Flotek Announces Second Quarter 2021 Results

HOUSTON, July 27, 2021 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK), a leader in green specialty chemistries serving industrial, commercial and consumer markets, announced today it has entered into a long-term agreement with Resolute Oil, a leader in high-quality white mineral oil serving consumer and industrial customers, to leverage capabilities and facilities to drive growth in adjacent green chemistry markets. The agreement includes options to renew until 2036.

Flotek And Resolute Oil Collaborate To Expand Green Chemistry

HOUSTON, July 26, 2021 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its second quarter 2021 results for the three months ended June 30, 2021.  In a press release to be issued after market close on Monday, August 9, 2021, Flotek will release its second quarter 2021 financial and operating results for the three months ended June 30, 2021.

Flotek Industries Announces Earnings Schedule For Q2 2021 Results

HOUSTON, June 7, 2021 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) welcomes Lisa Mayr to its Board of Directors ("Board"), increasing its directors from six to seven. Mayr was appointed a member of the audit committee and has been designated an "audit committee financial expert" by the Board as a result of her accounting and financial management experience.

Flotek Welcomes Lisa Mayr To Board Of Directors

Flotek Industries, Inc. (FTK) CEO John Gibson on Q1 2021 Results - Earnings Call Transcript

The stock price of Flotek Industries Inc (NYSE: FTK) increased by over 5% during intraday trading. This is why it happened.

FTK Stock: Over 5% Increase Intraday Explanation

HOUSTON, May 10, 2021 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced results for the first three months ended March 31, 2021. John W.

Flotek Announces First Quarter 2021 Results

HOUSTON, May 10, 2021 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) is pleased to announce Matthew P. Sullivan has joined the Company as Vice President of Professional Chemistries.

Flotek Welcomes New Vice President Of Professional Chemistries

HOUSTON, April 26, 2021 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its first quarter 2021 results for the three months ended March 31, 2021.  Earnings Schedule Announced for Q1 2021 In a press release to be issued after market close on Monday, May 10, 2021, Flotek will release its first quarter 2021 financial and operating results for the three months ended March 31, 2021.

Flotek Industries Announces Earnings Schedule For Q1 2021 Results

Flotek Industries, Inc. (FTK) CEO John Gibson on Q4 2020 Results - Earnings Call Transcript

Shares of Flotek Industries (NYSE:FTK) rose 3.1% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were unchanged 0.00% over the past year to ($0.30), which missed the estimate of ($0.11).

Flotek Industries: Q4 Earnings Insights

HOUSTON, March 16, 2021 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced results for the fourth quarter and full-year ended December 31, 2020. "We faced extraordinary challenges in 2020, but we remained focused and opportunistic in the face of a global pandemic and an extremely volatile macro-environment.

Flotek Announces Q4 And Full-Year 2020 Results

Flotek Industries (NYSE:FTK) announces its next round of earnings this Tuesday, March 16. Here is Benzinga's look at Flotek Industries's Q4 earnings report.

Earnings Outlook for Flotek Industries

HOUSTON, March 10, 2021 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced it is rescheduling its fourth quarter 2020 earnings results previously scheduled for Wednesday, March 10, 2021, and corresponding conference call scheduled for Thursday, March 11, 2021. The severe winter storms throughout Texas in mid-February impacted the Company's ability to file its earnings according to its originally announced schedule.

Flotek Industries Announces New Date For Fourth Quarter And Full-Year 2020 Results

Flotek Industries (NYSE:FTK) announces its next round of earnings this Wednesday, March 10. Here is Benzinga's look at Flotek Industries's Q4 earnings report.

Flotek Industries Earnings Preview

HOUSTON, March 9, 2021 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK), a leader in specialty and green chemistries used in consumer and industrial markets, today announced the Company has launched Flotek Protekol™, its full suite of high-performance...

Flotek Industries Launches Flotek Protekol™

HOUSTON, Feb. 18, 2021 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its fourth quarter 2020 results for the three months ended December 31, 2020. Earnings Schedule Announced for Q4 and Full-Year 2020...

Flotek Industries Announces Earnings Schedule For Q4 And Full-Year 2020 Results

Flotek Industries, Inc. (FTK) CEO John Gibson on Q3 2020 Results - Earnings Call Transcript

HOUSTON, Nov. 16, 2020 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced results for the third quarter ended September 30, 2020. "It has been a challenging period as we continue to navigate through this global market disruption as a result of...

News for Flotek Industries Stock (FTK)