Flotek Industries (FTK) Projected to Announce Earnings on Tuesday

Key Points

• Flotek is expected to report Q3 2026 results after Tuesday’s close, with analysts projecting earnings of $0.22 per share on $94.36 million in revenue. The company previously exceeded expectations, posting $0.26 EPS and $99.37 million in revenue in Q2.
• The EPA approved Flotek’s VeraCAL optical system for flare-gas measurement at petroleum refineries, potentially expanding its data-analytics business, although no contract values or adoption timeline were disclosed.
• Analyst sentiment remains positive, with the stock carrying a consensus “Buy” rating and a $34.67 price target, but investors are also monitoring a securities lawsuit and a major shareholder’s sale of 2.3 million shares.

Flotek Industries (NYSE:FTK - Get Free Report) will likely be issuing its Q3 2026 results after the market closes on Tuesday, November 3rd. Analysts expect the company to post earnings of $0.22 per share and revenue of $94.36 million for the quarter. Interested persons are encouraged to explore the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, November 4, 2026 at 3:00 AM ET.

Flotek Industries (NYSE:FTK - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.13. The business had revenue of $99.37 million for the quarter, compared to analyst estimates of $69.51 million. Flotek Industries had a return on equity of 21.57% and a net margin of 12.97%. On average, analysts expect Flotek Industries to post $0.79 EPS for the current fiscal year and $1.14 EPS for the next fiscal year.

Flotek Industries Price Performance

Shares of Flotek Industries stock opened at $24.67 on Tuesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.78 and a quick ratio of 1.50. The business's 50 day simple moving average is $26.59 and its two-hundred day simple moving average is $21.89. The stock has a market capitalization of $893.40 million, a P/E ratio of 24.92 and a beta of 1.42. Flotek Industries has a one year low of $13.19 and a one year high of $39.67.

Trending Headlines about Flotek Industries

Here are the key news stories impacting Flotek Industries this week:

• Positive Sentiment: The U.S. Environmental Protection Agency approved Flotek’s proprietary VeraCAL optical system as an alternative to gas chromatography for measuring flare-gas composition and net heating value at petroleum refineries under MACT CC rules. The approval could expand Flotek’s Data Analytics business into refinery compliance monitoring and create a new commercial opportunity for VeraCAL. Flotek Receives EPA Approval for VeraCAL Flare Monitoring at Petroleum Refineries
• Neutral Sentiment: The EPA decision is a regulatory milestone, but the announcements did not provide expected contract values, customer commitments, revenue forecasts, or a timeline for commercial adoption. Investors will likely look for refinery deployments and financial contribution in future updates.
• Negative Sentiment: Several law firms reiterated that October 26 was the deadline for investors who purchased FTK shares between August 3 and August 17, 2026, to seek lead-plaintiff status in a securities class action alleging violations of federal securities laws. The notices could weigh on sentiment because litigation may create legal costs, management distraction, and potential financial exposure, although the announcements do not establish wrongdoing or liability. Flotek Industries Sued for Securities Law Violations

Analyst Ratings Changes

A number of research firms have recently weighed in on FTK. Weiss Ratings raised Flotek Industries from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, October 16th. Lake Street Capital lifted their target price on shares of Flotek Industries from $40.00 to $44.00 and gave the stock a "buy" rating in a research note on Tuesday, September 15th. JonesTrading assumed coverage on shares of Flotek Industries in a report on Thursday, July 9th. They set a "buy" rating and a $40.00 price target for the company. Finally, Zacks Research upgraded shares of Flotek Industries from a "hold" rating to a "strong-buy" rating in a report on Monday, October 19th. One equities research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company's stock. According to data from MarketBeat.com, Flotek Industries presently has an average rating of "Buy" and a consensus price target of $34.67.

Insider Activity

In other Flotek Industries news, major shareholder Profrac Gdm, Llc sold 2,306,806 shares of the company's stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $26.01, for a total transaction of $60,000,024.06. Following the completion of the transaction, the insider owned 3,693,194 shares of the company's stock, valued at $96,059,975.94. This represents a 38.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Matthew Wilks purchased 1,319,493 shares of the stock in a transaction on Friday, September 11th. The shares were acquired at an average cost of $26.01 per share, with a total value of $34,320,012.93. Following the transaction, the director directly owned 1,477,285 shares in the company, valued at $38,424,182.85. The trade was a 836.22% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 2.40% of the stock is owned by company insiders.

Flotek Industries Company Profile

Flotek Industries, Inc is a technology-driven company that develops chemistry and data solutions for the energy and industrial markets. Its offerings are designed to help customers improve operational performance, manage environmental impacts and use resources more efficiently.

Through its Chemistry Technologies business, Flotek provides proprietary green chemistry products for oil and natural gas exploration and production, industrial water treatment and other industrial applications.

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