Flotek Industries, Inc. (FTK)

NYSE: FTK · IEX Real-Time Price · USD
4.630
-0.060 (-1.28%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-1.28%
Market Cap 137.31M
Revenue (ttm) 180.42M
Net Income (ttm) 4.93M
Shares Out 29.66M
EPS (ttm) 0.05
PE Ratio 92.60
Forward PE 17.34
Dividend n/a
Ex-Dividend Date n/a
Volume 33,071
Open 4.590
Previous Close 4.690
Day's Range 4.580 - 4.670
52-Week Range 2.640 - 5.700
Beta 1.08
Analysts Strong Buy
Price Target 7.00 (+51.19%)
Earnings Date Aug 6, 2024

About FTK

Flotek Industries, Inc. operates as a technology-driven green chemistry and data company that serves customers across industrial and commercial markets in the United States, the United Arab Emirates, and internationally. It operates through two segments: Chemistry Technologies (CT) and Data Analytics (DA). The CT segment designs, develops, manufactures, packages, distributes, delivers, and markets green specialty chemicals that enhance the profitability of hydrocarbon producers, as well as green specialty chemistries, and logistics and technolo... [Read more]

Sector Energy
CEO Dr. Ryan Gillis Ezell Ph.D.
Employees 143
Stock Exchange NYSE
Ticker Symbol FTK
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for FTK stock is "Strong Buy" and the 12-month stock price forecast is $7.0.

Price Target
$7.0
(51.19% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Flotek Set to Join the Russell Microcap® Index

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...

21 days ago - PRNewsWire

Flotek Enhances Executive Leadership Team With Addition of Leon Chad as Senior Vice President, Commercial

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 ...

22 days ago - PRNewsWire

Flotek Announces Departure of Director David Nierenberg

HOUSTON , May 24, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced that David Nierenberg is stepping down from his position as a member of the Compa...

5 weeks ago - PRNewsWire

Flotek Announces First Quarter 2024 Results Reflecting Improved Profitability

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, highlighte...

2 months ago - PRNewsWire

Flotek Announces Timing of First Quarter 2024 Earnings Release and Conference Call

HOUSTON , April 8, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its first quarter 2024 financial and operat...

3 months ago - PRNewsWire

Flotek Reports Fourth Quarter and Full-Year 2023 Results Highlighted by Growth in All Profitability Metrics Including a $31 Million Improvement in Annual Gross Profit

HOUSTON , March 12, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced operational and financial results for the fourth quarter and full-year ended De...

4 months ago - PRNewsWire

Flotek Strengthens Executive Leadership Team with the Addition of Amy Blakeway as Senior Vice President, General Counsel

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, ef...

4 months ago - PRNewsWire

Flotek Announces Timing of Fourth Quarter and Year-End 2023 Earnings Release and Conference Call

HOUSTON , Feb. 12, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its fourth quarter and year-end 2023 financ...

5 months ago - PRNewsWire

Flotek Announces Participation in the 36th Annual Roth Conference

HOUSTON , Jan. 25, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company is scheduled to participate in the 36th Annual Roth Conference to be...

5 months ago - PRNewsWire

Flotek Reports Third Quarter 2023 Financial Results Driven by Strong Growth in Net Income and First Positive Adjusted EBITDA Quarter Since 2018

HOUSTON , Nov. 7, 2023 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced operational and financial results for the third quarter ended September 30, 2023,...

8 months ago - PRNewsWire

Flotek Announces Timing of Release of Third Quarter 2023 Earnings Results and Conference Call

HOUSTON , Oct. 10, 2023 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its third quarter results for the period en...

9 months ago - PRNewsWire

Flotek Bolsters Executive Leadership Team to Drive Innovation and Growth in Data Analytics Segment

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,...

10 months ago - PRNewsWire

Flotek Projects Achieving Financial Milestone in Third Quarter and Announces 1-for-6 Reverse Stock Split

HOUSTON , Sept. 14, 2023 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced it expects to report positive adjusted EBITDA(1) for the quarter ending Septemb...

10 months ago - PRNewsWire

Flotek to Participate in Water Tower Research Fireside Chat

HOUSTON , Aug. 21, 2023 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced that the Company is scheduled to participate in a fireside chat with Water Tower...

11 months ago - PRNewsWire

FLOTEK SOLIDIFIES EXECUTIVE LEADERSHIP TEAM TO DRIVE CONTINUED GROWTH AND PROFITABILITY

HOUSTON , Aug. 17, 2023 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced three internal executive appointments, marking the final step in solidifying the...

11 months ago - PRNewsWire

Flotek Announces Entry into Asset Based Loan Agreement

HOUSTON , Aug. 14, 2023 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced that it has entered into a revolving loan and security agreement in connection w...

11 months ago - PRNewsWire

Flotek Reports Second Quarter 2023 Results Highlighted by 108% Sequential Growth in Gross Profit

HOUSTON , Aug. 8, 2023 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced significantly improved operational and financial results for the second quarter e...

11 months ago - PRNewsWire

Flotek Announces Participation in EnerCom Denver - The Energy Investment Conference

HOUSTON , July 17, 2023 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced that the Company will participate in EnerCom Denver – The Energy Investment Conf...

1 year ago - PRNewsWire

FLOTEK ANNOUNCES TIMING OF RELEASE OF SECOND QUARTER 2023 EARNINGS RESULTS AND CONFERENCE CALL

HOUSTON , July 10, 2023 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its second quarter results for the period e...

1 year ago - PRNewsWire

FLOTEK ANNOUNCES KEY AMENDMENTS TO THE EMPLOYEE STOCK PURCHASE PLAN

HOUSTON , July 6, 2023 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) announced that the Company has adopted the following amendments to the Flotek Industries, Inc. 20...

1 year ago - PRNewsWire

Flotek Promotes President Ryan Ezell to CEO

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...

1 year ago - PRNewsWire

FLOTEK REPORTS POSITIVE GROSS PROFIT FOR FIRST QUARTER 2023 AND INITIATES 2023 GUIDANCE

HOUSTON , May 8, 2023 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced operational and financial results for the first quarter ended March 31, 2023. Fina...

1 year ago - PRNewsWire

FLOTEK ANNOUNCES TIMING OF RELEASE OF FIRST QUARTER 2023 EARNINGS RESULTS AND CONFERENCE CALL

HOUSTON , May 1, 2023 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its first quarter results for the period ende...

1 year ago - PRNewsWire

FLOTEK RECEIVES CONTINUED LISTING STANDARD NOTICE FROM NYSE

Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced it has received written notice from the New York Stock Exchange (the "NYSE") that the average closing price of the Compa...

1 year ago - PRNewsWire

FLOTEK TO PARTICIPATE IN WATER TOWER RESEARCH FIRESIDE CHAT

Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced that the Company is scheduled to participate in a fireside chat with Water Tower Research on April 20, 2023, at 11:00 AM...

1 year ago - PRNewsWire