Flotek Industries, Inc. (FTK)

NYSE: FTK · IEX Real-Time Price · USD
0.703
-0.007 (-1.04%)
Mar 24, 2023, 4:00 PM EDT - Market closed
-1.04%
Market Cap 60.46M
Revenue (ttm) 136.09M
Net Income (ttm) -42.31M
Shares Out 86.05M
EPS (ttm) -0.57
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,363,593
Open 0.697
Previous Close 0.710
Day's Range 0.659 - 0.703
52-Week Range 0.659 - 1.640
Beta 1.79
Analysts Sell
Price Target 1.43 (+103.53%)
Earnings Date May 15, 2023

About FTK

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 (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 and cleans surfaces in commercial and personal settings to help red... [Read more]

Sector Energy
CEO John Gibson
Employees 131
Stock Exchange NYSE
Ticker Symbol FTK
Full Company Profile

Financial Performance

In 2022, FTK's revenue was $136.09 million, an increase of 214.53% compared to the previous year's $43.27 million. Losses were -$42.31 million, 38.6% more than in 2021.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for FTK stock is "Sell." The 12-month stock price forecast is $1.43, which is an increase of 103.53% from the latest price.

Price Target
$1.43
(103.53% upside)
Analyst Consensus: Sell
Stock Forecasts

News

ROBUST REVENUE GROWTH HIGHLIGHTS FLOTEK'S 2022 FINANCIAL RESULTS

HOUSTON , March 20, 2023 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced results for the fourth quarter and full-year ended December 31, 2022. Full year...

6 days ago - PRNewsWire

FLOTEK ANNOUNCES TIMING OF FOURTH QUARTER AND FULL YEAR 2022 FINANCIAL RESULTS RELEASE

HOUSTON , March 6, 2023 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its fourth quarter and full year 2022 resul...

2 weeks ago - PRNewsWire

Flotek Announces Leadership Transitions, Marking the Beginning of a New Chapter of Future Growth and Profitability

Director Harsha V. Agadi to Serve as Chief Executive Officer on an Interim Basis, Succeeding John W.

2 months ago - PRNewsWire

FLOTEK TO PRESENT AT THE EMERGING GROWTH CONFERENCE ON WEDNESDAY JANUARY 11, 2023

HOUSTON, Jan. 5, 2023 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek") (NYSE: FTK), a leader in technology-driven specialty green chemistry solutions, invites individual and institutional investors ...

2 months ago - PRNewsWire

FLOTEK APPOINTS BOND CLEMENT TO ROLE OF CHIEF FINANCIAL OFFICER

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 C...

3 months ago - PRNewsWire

FLOTEK ANNOUNCES THIRD QUARTER 2022 FINANCIAL RESULTS

HOUSTON , Nov. 8, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced third quarter results for the three months ended September 30, 2022. Total third ...

4 months ago - PRNewsWire

FLOTEK TO PARTICIPATE IN THE SHARE SERIES VIRTUAL EVENT

HOUSTON , Nov. 7, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK), a leader in technology-driven specialty green chemistry solutions today announced that managemen...

4 months ago - PRNewsWire

FLOTEK ANNOUNCES EARNINGS SCHEDULE FOR THIRD QUARTER 2022 RESULTS

HOUSTON , Oct. 25, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its third quarter 2022 results for the thre...

5 months ago - PRNewsWire

FLOTEK WELCOMES EVAN FARBER TO BOARD OF DIRECTORS

HOUSTON , Oct. 13, 2022 /PRNewswire/ -- On October 11, 2022, the Board of Directors (the "Board") of Flotek Industries, Inc. ("Flotek") (NYSE: FTK), a leader in technology-driven specialty green chemi...

5 months ago - PRNewsWire

FLOTEK TO PARTICIPATE IN WATER TOWER RESEARCH FIRESIDE CHAT

HOUSTON , Aug. 22, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK), a leader in technology-driven specialty green chemistry solutions will participate in a Firesid...

7 months ago - PRNewsWire

FLOTEK ANNOUNCES SECOND QUARTER 2022 FINANCIAL RESULTS

HOUSTON , Aug. 9, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced second quarter results for the three months ended June 30, 2022. "I'm pleased to ...

8 months ago - PRNewsWire

FLOTEK JP3 VERAX® ANALYZER ENABLES FIELD GAS USAGE AT PROFRAC

HOUSTON , Aug. 9, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK), a leader in technology-driven specialty green chemistry solutions, today announced an agreement ...

8 months ago - PRNewsWire

FLOTEK ANNOUNCES EARNINGS SCHEDULE FOR SECOND QUARTER 2022 RESULTS

HOUSTON , Aug. 3, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its second quarter 2022 results for the thre...

8 months ago - PRNewsWire

FLOTEK ANNOUNCES PRELIMINARY SECOND QUARTER 2022 REVENUE

HOUSTON , July 20, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK), a leader in technology-driven specialty green chemistry solutions, today announced that it expe...

8 months ago - PRNewsWire

FLOTEK ANNOUNCES CLOSING OF AGREEMENT WITH PROFRAC

HOUSTON , May 17, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK), a leader in technology-driven specialty green chemistry solutions, today announced that it has c...

11 months ago - PRNewsWire

Flotek Industries (FTK) Reports Q1 Loss, Tops Revenue Estimates

Flotek Industries (FTK) delivered earnings and revenue surprises of -150% and 8.74%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

11 months ago - Zacks Investment Research

FLOTEK ANNOUNCES FIRST QUARTER 2022 RESULTS

HOUSTON , May 16, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced first quarter results for the three months ended March 31, 2022. "We closed the q...

11 months ago - PRNewsWire

FLOTEK ANNOUNCES SHAREHOLDER APPROVAL OF $2 BILLION+ LONG TERM CONTRACT

HOUSTON , May 10, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK), a leader in technology-driven specialty green chemistry solutions, today announced that Flotek's...

11 months ago - PRNewsWire

FLOTEK ANNOUNCES EARNINGS SCHEDULE FOR FIRST QUARTER 2022 RESULTS

HOUSTON , May 9, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its first quarter 2022 results for the three ...

11 months ago - PRNewsWire

FLOTEK INDUSTRIES REGAINS COMPLIANCE WITH NYSE'S CONTINUED LISTING STANDARD

HOUSTON , April 4, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced it has received written notice from the New York Stock Exchange (the "NYSE") tha...

1 year ago - PRNewsWire

FLOTEK ANNOUNCES FOURTH QUARTER AND FULL YEAR 2021 RESULTS

HOUSTON , March 30, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced results for the fourth quarter and full-year ended December 31, 2021. "In 2021 ...

1 year ago - PRNewsWire

FLOTEK ANNOUNCES EARNINGS SCHEDULE FOR 2021 RESULTS

HOUSTON , March 28, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) schedule for releasing its results for the twelve months ended December 31, 2021. In a press re...

1 year ago - PRNewsWire

Flotek Announces Conference Call to Discuss Recently Awarded $1 Billion+ Long Term Contract

HOUSTON, Feb. 22, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK), a leader in technology-driven, specialty green chemistry solutions, will host a conference call ...

1 year ago - PRNewsWire

Flotek Awarded $1 Billion+ Long Term Contract

HOUSTON, Feb. 17, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK), a leader in technology-driven, specialty green chemistry solutions, has entered into an agreemen...

1 year ago - PRNewsWire

FLOTEK AND PROFRAC TEAM UP TO PROVIDE SUSTAINABLE, VERTICALLY INTEGRATED SOLUTIONS

HOUSTON and WILLOW PARK, Texas, Feb. 2, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK), a leader in technology-driven, specialty green chemistry solutions, announ...

1 year ago - PRNewsWire