Flotek Industries (NYSE:FTK), headquartered in Houston, Texas, is a technology-driven provider of high-performance specialty chemicals and drilling fluids for the oil and gas industry. The company develops proprietary solutions aimed at enhancing well productivity, improving operational efficiency and reducing environmental impact. Flotek’s portfolio includes drilling and completion fluids, formation evaluation products and reservoir enhancement technologies that leverage advanced chemistry, nanotechnology and data analytics. Serving clients across North America, the Middle East and select Latin American markets, Flotek’s products are designed to meet the demanding requirements of both onshore and offshore operations.
Flotek’s core offerings include chemical formulations for drilling, fracturing and well stimulation applications, such as fluid-loss control additives, scale inhibitors and friction reducers. The company has also expanded into bio-based and renewable chemistries through its Focus On Food subsidiary, which develops natural ingredients and clean-label products for the consumer packaged goods sector. This diversification underscores Flotek’s commitment to innovation and sustainability by applying its expertise in complex fluid systems to adjacent markets.
Founded in the early 1990s, Flotek Industries has grown organically and through strategic acquisitions to broaden its technical capabilities and geographic footprint. Over the years, it has invested in research and development, establishing laboratories in Houston and Aberdeen, Scotland, to conduct field trials and analyze performance under challenging conditions. The company’s technical team collaborates closely with operators and service companies to tailor solutions that address specific reservoir characteristics and regulatory standards.
Led by President and CEO Dino Otranto and an experienced executive leadership team, Flotek emphasizes operational excellence and customer-centric service. The management team leverages decades of industry experience to guide strategic initiatives, optimize supply chains and foster partnerships with major energy companies. With a focus on delivering measurable value and minimizing environmental impact, Flotek continues to position itself as a key innovator in specialty chemicals and drilling technologies for the global energy sector.
