Flotek Industries Company Profile (NYSE:FTK)

About Flotek Industries (NYSE:FTK)

Flotek Industries logoFlotek Industries, Inc. is a technology-driven company. The Company develops and supplies chemistry and services to the oil and gas industries, and compounds to companies that make cleaning products, cosmetics, food and beverages, and other products that are sold in consumer and industrial markets. The Company operates through two segments: Energy Chemistry Technologies (ECT), and Consumer and Industrial Chemistry Technologies (CICT). The ECT segment designs, develops, manufactures, packages and markets chemistries for use in oil and gas well drilling, cementing, completion and stimulation activities. Its ECT segment's services include Reservoir Characterization, Polymer Conformance and Logistics Management. The CICT segment sources citrus oil domestically and internationally, and processor of citrus oils in the world. The CICT segment designs, develops and manufactures products that are sold to companies in the flavor and fragrance industries and specialty chemical industry.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil Related Services and Equipment
  • Sub-Industry: Specialty Chemicals
  • Symbol: NYSE:FTK
  • CUSIP: 34338910
  • Web: www.flotekind.com
Capitalization:
  • Market Cap: $307.3 million
  • Outstanding Shares: 57,333,000
Average Prices:
  • 50 Day Moving Avg: $5.64
  • 200 Day Moving Avg: $9.23
  • 52 Week Range: $4.56 - $15.23
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 7.44
  • P/E Growth: 3.53
Sales & Book Value:
  • Annual Revenue: $300.07 million
  • Price / Sales: 1.02
  • Book Value: $4.83 per share
  • Price / Book: 1.11
Profitability:
  • EBIDTA: $2.51 million
  • Net Margins: -10.49%
  • Return on Equity: -2.07%
  • Return on Assets: -1.57%
Debt:
  • Current Ratio: 1.94%
  • Quick Ratio: 0.98%
Misc:
  • Average Volume: 1.18 million shs.
  • Beta: 1.79
  • Short Ratio: 14.9
 

Frequently Asked Questions for Flotek Industries (NYSE:FTK)

What is Flotek Industries' stock symbol?

Flotek Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "FTK."

How were Flotek Industries' earnings last quarter?

Flotek Industries, Inc. (NYSE:FTK) released its earnings results on Wednesday, May, 3rd. The company reported ($0.01) EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.01. The business earned $80 million during the quarter, compared to analysts' expectations of $78.85 million. Flotek Industries had a negative net margin of 10.49% and a negative return on equity of 2.07%. The company's quarterly revenue was up 25.4% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.08) earnings per share. View Flotek Industries' Earnings History.

When will Flotek Industries make its next earnings announcement?

Flotek Industries is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Flotek Industries.

Who are some of Flotek Industries' key competitors?

Who are Flotek Industries' key executives?

Flotek Industries' management team includes the folowing people:

  • John William Chisholm, Chairman of the Board, President, Chief Executive Officer
  • H. Richard Walton, Chief Financial Officer, Executive Vice President
  • Robert C. Bodnar, Executive Vice President, Performance and Transformation Officer
  • Joshua A. Snively Sr., Executive Vice President - Research and Innovation
  • Matthew Marietta, Senior Vice President - Corporate Development and Investor Relations
  • Kenneth T. Hern, Lead Independent Director
  • Michelle M. Adams, Independent Director
  • Theodore D. Brown, Independent Director
  • L. Melvin Cooper, Independent Director
  • Carla Schulz Hardy, Independent Director

Who owns Flotek Industries stock?

Flotek Industries' stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.76%), JPMorgan Chase & Co. (7.08%), Bamco Inc. NY (5.34%), Northpointe Capital LLC (3.07%), State Street Corp (2.27%) and Dimensional Fund Advisors LP (1.95%). Company insiders that own Flotek Industries stock include Carla S Hardy, John Reiland, Joshua A Snively, Kenneth Hern, L Melvin Cooper and Robert M Schmitz. View Institutional Ownership Trends for Flotek Industries.

Who sold Flotek Industries stock? Who is selling Flotek Industries stock?

Flotek Industries' stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Pioneer Investment Management Inc., Parametric Portfolio Associates LLC, Ameriprise Financial Inc., Boston Partners, Wasatch Advisors Inc., Pacad Investment Ltd. and Northern Trust Corp. Company insiders that have sold Flotek Industries stock in the last year include John Reiland and Kenneth Hern. View Insider Buying and Selling for Flotek Industries.

Who bought Flotek Industries stock? Who is buying Flotek Industries stock?

Flotek Industries' stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Laurion Capital Management LP, Bamco Inc. NY, Viking Fund Management LLC, Northpointe Capital LLC, Stephens Inc. AR, Skylands Capital LLC and Vanguard Group Inc.. Company insiders that have bought Flotek Industries stock in the last two years include Kenneth Hern and Robert M Schmitz. View Insider Buying and Selling for Flotek Industries.

How do I buy Flotek Industries stock?

Shares of Flotek Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Flotek Industries' stock price today?

One share of Flotek Industries stock can currently be purchased for approximately $5.36.


MarketBeat Community Rating for Flotek Industries (NYSE FTK)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  121 (Vote Outperform)
Underperform Votes:  144 (Vote Underperform)
Total Votes:  265
MarketBeat's community ratings are surveys of what our community members think about Flotek Industries and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Flotek Industries (NYSE:FTK) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: N/A

Analysts' Ratings History for Flotek Industries (NYSE:FTK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/20/2017Seaport Global SecuritiesReiterated RatingBuyMediumView Rating Details
7/15/2016StephensReiterated RatingTop PickN/AView Rating Details
1/20/2016Citigroup Inc.UpgradeAccumulate -> Buy$10.00 -> $8.00N/AView Rating Details
12/14/2015KLR GroupInitiated CoverageBuy$14.50N/AView Rating Details
11/11/2015Oppenheimer Holdings, Inc.Reiterated RatingHoldN/AView Rating Details
11/11/2015Iberia CapitalLower Price Target$5.00N/AView Rating Details
(Data available from 9/24/2015 forward)

Earnings

Earnings History for Flotek Industries (NYSE:FTK)
Earnings by Quarter for Flotek Industries (NYSE:FTK)
Earnings History by Quarter for Flotek Industries (NYSE FTK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017$0.10N/AView Earnings Details
5/3/2017Q1 2017($0.02)($0.01)$78.85 million$80.00 millionViewListenView Earnings Details
11/2/2016Q316($0.02)($0.05)$78.10 million$73.70 millionViewN/AView Earnings Details
7/26/2016Q216($0.10)($0.04)$65.00 million$72.32 millionViewN/AView Earnings Details
5/3/2016Q1($0.05)($0.08)$70.50 million$72.20 millionViewN/AView Earnings Details
1/27/2016Q415$0.01($0.03)$86.13 million$77.00 millionViewListenView Earnings Details
10/21/2015Q315$0.05$0.04$92.77 million$87.90 millionViewListenView Earnings Details
7/22/2015Q215($0.04)($0.02)$69.08 million$87.00 millionViewListenView Earnings Details
4/22/2015Q115$0.18($0.03)$103.33 million$82.37 millionViewN/AView Earnings Details
1/27/2015Q414$0.29$0.29$121.31 million$124.50 millionViewN/AView Earnings Details
10/22/2014Q314$0.24$0.26$115.20 million$116.80 millionViewN/AView Earnings Details
8/6/2014Q214$0.24$0.20$108.08 million$105.30 millionViewN/AView Earnings Details
4/28/2014Q114$0.22$0.22$102.98 million$102.60 millionViewN/AView Earnings Details
2/10/2014Q413$0.18$0.20$100.00 million$100.80 millionViewN/AView Earnings Details
11/6/2013Q313$0.18$0.16$100.52 million$98.40 millionViewN/AView Earnings Details
8/7/2013Q2 2013$0.19$0.16$91.37 million$93.60 millionViewN/AView Earnings Details
5/9/2013Q1 2013$0.17$0.15$79.13 million$78.20 millionViewN/AView Earnings Details
3/13/2013Q4 2012$0.17$0.44$77.90 million$76.70 millionViewN/AView Earnings Details
11/7/2012Q312$0.21$0.28$83.32 million$78.60 millionViewN/AView Earnings Details
8/8/2012$0.18$0.25ViewN/AView Earnings Details
5/9/2012$0.18$0.07ViewN/AView Earnings Details
3/7/2012$0.15$0.20ViewN/AView Earnings Details
11/9/2011$0.09$0.21ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Flotek Industries (NYSE:FTK)
2017 EPS Consensus Estimate: $0.36
2018 EPS Consensus Estimate: $0.65
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.01)$0.10$0.05
Q2 20173$0.04$0.12$0.08
Q3 20173$0.05$0.15$0.10
Q4 20173$0.11$0.17$0.14
Q1 20181$0.10$0.10$0.10
Q2 20181$0.11$0.11$0.11
Q3 20181$0.18$0.18$0.18
Q4 20181$0.26$0.26$0.26
Q1 20191$0.18$0.18$0.18
Q2 20191$0.18$0.18$0.18
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Flotek Industries (NYSE:FTK)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Flotek Industries (NYSE:FTK)
Insider Ownership Percentage: 5.45%
Institutional Ownership Percentage: 96.74%
Insider Trades by Quarter for Flotek Industries (NYSE:FTK)
Institutional Ownership by Quarter for Flotek Industries (NYSE:FTK)
Insider Trades by Quarter for Flotek Industries (NYSE:FTK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/13/2017Kenneth HernDirectorBuy1,000$5.46$5,460.00View SEC Filing  
3/15/2017Kenneth HernDirectorSell15,000$11.60$174,000.00View SEC Filing  
2/22/2017John ReilandDirectorSell15,000$12.73$190,950.00View SEC Filing  
9/6/2016L Melvin CooperDirectorSell10,000$16.01$160,100.00View SEC Filing  
1/14/2016Carla S HardyDirectorSell2,794$7.85$21,932.90View SEC Filing  
11/17/2015Robert M SchmitzCFOBuy12,200$9.76$119,072.00View SEC Filing  
11/4/2015John ReilandDirectorSell4,380$19.21$84,139.80View SEC Filing  
10/5/2015Joshua A SnivelyEVPSell30,000$17.77$533,100.00View SEC Filing  
9/14/2015Steven A ReevesVPSell41,934$18.84$790,036.56View SEC Filing  
8/19/2015Kenneth HernDirectorSell4,000$17.51$70,040.00View SEC Filing  
4/13/2015Carla S HardyDirectorSell40,500$17.03$689,715.00View SEC Filing  
2/25/2015Steven A ReevesVPSell9,850$18.00$177,300.00View SEC Filing  
2/9/2015John ReilandDirectorSell10,000$17.53$175,300.00View SEC Filing  
2/5/2015Steven A ReevesVPSell19,840$17.10$339,264.00View SEC Filing  
12/15/2014H. Richard WaltonCFOBuy3,000$16.37$49,110.00View SEC Filing  
11/21/2014John ChisholmCEOSell50,000$23.09$1,154,500.00View SEC Filing  
11/7/2014Joshua A SnivelyEVPSell30,000$22.53$675,900.00View SEC Filing  
10/13/2014Carla S HardyDirectorSell104,000$20.36$2,117,440.00View SEC Filing  
9/8/2014Kenneth HernDirectorSell3,000$26.32$78,960.00View SEC Filing  
5/28/2014John ReilandDirectorSell8,000$28.78$230,240.00View SEC Filing  
5/27/2014Carla S HardyDirectorSell65,000$27.74$1,803,100.00View SEC Filing  
5/19/2014Carla HardyDirectorSell110,000$27.35$3,008,500.00View SEC Filing  
5/16/2014Lv McguireDirectorSell7,000$27.33$191,310.00View SEC Filing  
4/14/2014John ChisholmCEOSell20,000$29.12$582,400.00View SEC Filing  
3/4/2014Steven ReevesVPSell50,000$26.66$1,333,000.00View SEC Filing  
2/4/2014John ChisholmCEOSell50,000$20.91$1,045,500.00View SEC Filing  
1/7/2014John ChisholmCEOSell40,000$19.37$774,800.00View SEC Filing  
12/23/2013Carla S HardyDirectorSell87,500$19.83$1,735,125.00View SEC Filing  
10/28/2013John ChisholmCEOSell13,000$22.39$291,070.00View SEC Filing  
8/23/2013L Melvin CooperDirectorSell5,000$20.05$100,250.00View SEC Filing  
8/15/2013John ChisholmCEOSell50,000$18.91$945,500.00View SEC Filing  
8/15/2013Marc Kevin FisherEVPSell15,000$19.03$285,450.00View SEC Filing  
8/13/2013John ReilandDirectorSell3,600$19.20$69,120.00View SEC Filing  
6/17/2013John ChisholmCEOSell50,000$17.56$878,000.00View SEC Filing  
6/13/2013John ReilandDirectorSell3,000$17.50$52,500.00View SEC Filing  
6/6/2013Marc Kevin FisherEVPSell3,150$17.74$55,881.00View SEC Filing  
5/14/2013John ReilandDirectorSell19,626$16.83$330,305.58View SEC Filing  
5/14/2013Marc Kevin FisherEVPSell6,000$16.84$101,040.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Flotek Industries (NYSE:FTK)
Latest Headlines for Flotek Industries (NYSE:FTK)
Source:
DateHeadline
americanbankingnews.com logoFlotek Industries, Inc. (FTK) Cut to "Strong Sell" at Zacks Investment Research
www.americanbankingnews.com - September 24 at 1:00 PM
americanbankingnews.com logoFlotek Industries (FTK) & Its Competitors Head to Head Analysis
www.americanbankingnews.com - September 17 at 6:12 PM
bloomberg.com logoBloomberg Markets: Dave Wilson’s Stock of the Day for Sept. 8
www.bloomberg.com - September 8 at 7:22 PM
finance.yahoo.com logoFlotek Industries, Inc. Provides Storm Related Operational Updates, Announces Fund Creation For Disaster Relief
finance.yahoo.com - September 7 at 7:05 PM
fool.com logoHere's Why Flotek Industries Sank a Whopping 37.2% in August
www.fool.com - September 6 at 7:41 PM
finance.yahoo.com logoHere's Why Flotek Industries Sank a Whopping 37.2% in August
finance.yahoo.com - September 6 at 6:48 PM
americanbankingnews.com logoFlotek Industries, Inc. (FTK) Lifted to "Hold" at Zacks Investment Research
www.americanbankingnews.com - September 4 at 10:02 PM
finance.yahoo.com logoShort Interest in Weatherford International as of August 25
finance.yahoo.com - August 29 at 7:22 PM
americanbankingnews.com logoFlotek Industries, Inc. (FTK) Cut to Strong Sell at BidaskClub
www.americanbankingnews.com - August 27 at 7:26 PM
prnewswire.com logoFlotek Industries, Inc. Announces Conclusion Of SEC Inquiry - PR Newswire (press release)
www.prnewswire.com - August 23 at 5:31 AM
finance.yahoo.com logoFlotek Industries, Inc. Announces Conclusion Of SEC Inquiry
finance.yahoo.com - August 22 at 7:26 PM
finance.yahoo.com logoFlotek Industries’ Stock Price Forecast on August 10
finance.yahoo.com - August 21 at 6:20 PM
finance.yahoo.com logoWhat Was the Short Interest in Flotek Industries on August 10?
finance.yahoo.com - August 21 at 6:20 PM
finance.yahoo.com logoFlotek’s Correlation with Crude Oil on August 10
finance.yahoo.com - August 21 at 6:20 PM
finance.yahoo.com logoA Look at Schlumberger’s Short Interest on August 18
finance.yahoo.com - August 21 at 6:20 PM
seekingalpha.com logoFlotek Industries (FTK) Presents At EnerCom Oil & Gas Conference - Slideshow
seekingalpha.com - August 18 at 6:46 PM
finance.yahoo.com logoWill Flotek Industries’ Strategies Improve Its Returns in 2017?
finance.yahoo.com - August 18 at 6:46 PM
finance.yahoo.com logoWhat Flotek Industries’ Historical Valuation Suggests
finance.yahoo.com - August 18 at 6:46 PM
prnewswire.com logoFlotek Industries Announces Conference Participation - PR Newswire (press release)
www.prnewswire.com - August 18 at 1:10 AM
finance.yahoo.com logoFlotek Industries Announces Conference Participation
finance.yahoo.com - August 16 at 6:58 PM
finance.yahoo.com logoHow Flotek Industries’ 2017 Capex Plans Changed
finance.yahoo.com - August 15 at 7:31 PM
finance.yahoo.com logoHow Rig Count and Upstream Operator Capex Affected FTK
finance.yahoo.com - August 14 at 7:13 PM
finance.yahoo.com logoA Look at Flotek Industries’ Debt Position in 2Q17
finance.yahoo.com - August 14 at 7:13 PM
americanbankingnews.com logoContrasting Schlumberger N.V. (SLB) & Flotek Industries (FTK)
www.americanbankingnews.com - August 12 at 12:30 AM
finance.yahoo.com logoWhy Flotek Industries Stock Is Falling
finance.yahoo.com - August 11 at 7:19 PM
finance.yahoo.com logoWhat Could Drive Flotek Industries’ Growth?
finance.yahoo.com - August 11 at 7:19 PM
americanbankingnews.com logoFlotek Industries, Inc. to Post FY2017 Earnings of $0.14 Per Share, Seaport Global Securities Forecasts (FTK)
www.americanbankingnews.com - August 9 at 8:52 AM
americanbankingnews.com logoSeaport Global Securities Equities Analysts Cut Earnings Estimates for Flotek Industries, Inc. (FTK)
www.americanbankingnews.com - August 8 at 7:08 AM
finance.yahoo.com logoEdited Transcript of FTK earnings conference call or presentation 2-Aug-17 1:00pm GMT
finance.yahoo.com - August 3 at 12:47 AM
benzinga.com logoMid-Day Market Update: NASDAQ Turns Lower; Systemax Shares Gain After Q2 Results - Benzinga
www.benzinga.com - August 2 at 7:45 PM
benzinga.com logoMid-Afternoon Market Update: AMC Entertainment Drops Amid Q2 Warning; Spirit AeroSystems Shares Surge - Benzinga
www.benzinga.com - August 2 at 7:45 PM
nasdaq.com logoBUZZ-US STOCKS ON THE MOVE- Illumina, Range Resources, Westmoreland Resources - Nasdaq
www.nasdaq.com - August 2 at 7:45 PM
seekingalpha.com logoFlotek Industries' (FTK) CEO John Chisholm on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 2 at 7:45 PM
fool.com logoShares of Flotek Industries Crater After Earnings Report
www.fool.com - August 2 at 1:53 PM
finance.yahoo.com logoFlotek Industries reports 2Q loss
finance.yahoo.com - August 2 at 12:31 AM
finance.yahoo.com logoFlotek Industries, Inc. Announces Second Quarter 2017 Results
finance.yahoo.com - August 1 at 7:29 PM
americanbankingnews.com logoNCS Multistage Holdings (NCSM) and Flotek Industries (FTK) Critical Contrast
www.americanbankingnews.com - July 29 at 7:28 AM
americanbankingnews.com logoHead-To-Head Review: Flotek Industries (NYSE:FTK) vs. Gulf Island Fabrication (GIFI)
www.americanbankingnews.com - July 27 at 11:02 AM
americanbankingnews.com logoFlotek Industries, Inc. (FTK) to Post Q2 2017 Earnings of $0.04 Per Share, Seaport Global Securities Forecasts
www.americanbankingnews.com - July 24 at 7:10 AM
americanbankingnews.com logoFlotek Industries' (NYSE:FTK) Buy Rating Reaffirmed at Seaport Global Securities
www.americanbankingnews.com - July 22 at 7:26 AM
prnewswire.com logoFlotek Industries Announces Second Quarter 2017 Results Reporting Schedule - PR Newswire (press release)
www.prnewswire.com - July 20 at 12:34 AM
finance.yahoo.com logoFlotek Industries Announces Second Quarter 2017 Results Reporting Schedule
finance.yahoo.com - July 19 at 7:32 PM
finance.yahoo.com logoHalliburton’s Correlation with Crude Oil on July 14
finance.yahoo.com - July 17 at 7:45 PM
americanbankingnews.com logoFlotek Industries, Inc. (NYSE:FTK) to Release Earnings on Monday
www.americanbankingnews.com - July 17 at 9:04 AM
finance.yahoo.com logoChart of the Week: Flotek’s Growth Trajectory
finance.yahoo.com - July 12 at 1:00 AM
finance.yahoo.com logoWhat’s Flotek Industries’ Stock Price Forecast on July 3?
finance.yahoo.com - July 6 at 8:10 PM
finance.yahoo.com logoWho’s Shorting Flotek: Short Interest in FTK as of June 30
finance.yahoo.com - July 6 at 8:10 PM
finance.yahoo.com logoInside Flotek’s Correlation Coefficient: What Flotek Has to Do with Crude
finance.yahoo.com - July 6 at 8:10 PM
finance.yahoo.com logoInside Flotek Industries’ New 2017 Capex Plan
finance.yahoo.com - July 6 at 6:29 AM
finance.yahoo.com logoWhat Flotek’s Historical Valuation Suggests
finance.yahoo.com - July 5 at 7:33 PM

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Chart

Flotek Industries (FTK) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff