Flotek 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 - NEC
- Sub-Industry: Specialty Chemicals
- Symbol: NYSE:FTK
- CUSIP: 34338910
- Web: www.flotekind.com
Capitalization:- Market Cap: $484.94 million
- Outstanding Shares: 57,254,000
Average Prices:- 50 Day Moving Avg: $8.85
- 200 Day Moving Avg: $10.74
- 52 Week Range: $7.68 - $16.93
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 9.74
- P/E Growth: 3.08
Sales & Book Value:- Annual Revenue: $278.97 million
- Price / Sales: 1.74
- Book Value: $4.89 per share
- Price / Book: 1.73
Profitability:- EBIDTA: $3.1 million
- Net Margins: -10.43%
- Return on Equity: -3.38%
- Return on Assets: -2.53%
Debt:- Debt-to-Equity Ratio: 0.03%
- Current Ratio: 1.94%
- Quick Ratio: 1.23%
Misc:- Average Volume: 792,244 shs.
- Beta: 1.78
- 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) issued its quarterly earnings results on Wednesday, May, 3rd. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.02) by $0.01. The business earned $80 million during the quarter, compared to analyst estimates of $78.85 million. Flotek Industries had a negative return on equity of 3.38% and a negative net margin of 10.43%. Flotek Industries's revenue for the quarter was up 25.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.08) EPS. View Flotek Industries' Earnings History.
Who are some of Flotek Industries' key competitors?
Some companies that are related to Flotek Industries include NCS Multistage Holdings (NCSM), Archrock Partners, L.P. (APLP), Helix Energy Solutions Group (HLX), Archrock (AROC), Fairmount Santrol Holdings (FMSA), Newpark Resources (NR), Ferrellgas Partners, L.P. (FGP), Tetra Technologies (TTI), Lamprell Plc (LAM), Bristow Group (BRS), Matrix Service Company (MTRX), Emerge Energy Services LP (EMES), Geospace Technologies Corporation (GEOS), Carbo Ceramics (CRR), CSI Compressco LP (CCLP), Gulf Island Fabrication (GIFI), Solaris Oilfield Infrastructure (SOI) and Mitcham Industries (MIND).
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
- Steven A. Reeves, Executive Vice President - Operations
- 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
Who owns Flotek Industries stock?
Flotek Industries' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Viking Fund Management LLC (0.89%), Skylands Capital LLC (0.37%), Russell Investments Group Ltd. (0.25%), Creative Planning (0.21%), Parkwood LLC (0.11%) and Louisiana State Employees Retirement System (0.04%). Company insiders that own Flotek Industries stock include Carla S Hardy, John Reiland, Joshua A Snively, Kenneth Hern, L Melvin Cooper, Robert M Schmitz and Steven A Reeves. View Institutional Ownership Trends for Flotek Industries.
Who bought Flotek Industries stock? Who is buying Flotek Industries stock?
Flotek Industries' stock was bought by a variety of institutional investors in the last quarter, including Viking Fund Management LLC, Skylands Capital LLC, Parkwood LLC, Russell Investments Group Ltd., Aperio Group LLC, Municipal Employees Retirement System of Michigan and Louisiana State Employees Retirement System. 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 $8.47.
MarketBeat Community Rating for Flotek Industries (NYSE FTK)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.
Consensus Ratings for Flotek Industries (NYSE:FTK) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/20/2017 | Seaport Global Securities | Reiterated Rating | Buy | | Medium |  |
| 7/15/2016 | Stephens | Reiterated Rating | Top Pick | | N/A | |
| 1/20/2016 | Citigroup Inc. | Upgrade | Accumulate -> Buy | $10.00 -> $8.00 | N/A | |
| 12/14/2015 | KLR Group | Initiated Coverage | Buy | $14.50 | N/A | |
| 11/11/2015 | Oppenheimer Holdings, Inc. | Reiterated Rating | Hold | | N/A | |
| 11/11/2015 | Iberia Capital | Lower Price Target | | $5.00 | N/A | |
(Data available from 7/27/2015 forward)
Earnings History for Flotek Industries (NYSE:FTK)Earnings History by Quarter for Flotek Industries (NYSE FTK)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/3/2017 | Q1 2017 | ($0.02) | ($0.01) | $78.85 million | $80.00 million | View | Listen | |
| 11/2/2016 | Q316 | ($0.02) | ($0.05) | $78.10 million | $73.70 million | View | N/A | |
| 7/26/2016 | Q216 | ($0.10) | ($0.04) | $65.00 million | $72.32 million | View | N/A | |
| 5/3/2016 | Q1 | ($0.05) | ($0.08) | $70.50 million | $72.20 million | View | N/A | |
| 1/27/2016 | Q415 | $0.01 | ($0.03) | $86.13 million | $77.00 million | View | Listen | |
| 10/21/2015 | Q315 | $0.05 | $0.04 | $92.77 million | $87.90 million | View | Listen | |
| 7/22/2015 | Q215 | ($0.04) | ($0.02) | $69.08 million | $87.00 million | View | Listen | |
| 4/22/2015 | Q115 | $0.18 | ($0.03) | $103.33 million | $82.37 million | View | N/A | |
| 1/27/2015 | Q414 | $0.29 | $0.29 | $121.31 million | $124.50 million | View | N/A | |
| 10/22/2014 | Q314 | $0.24 | $0.26 | $115.20 million | $116.80 million | View | N/A | |
| 8/6/2014 | Q214 | $0.24 | $0.20 | $108.08 million | $105.30 million | View | N/A | |
| 4/28/2014 | Q114 | $0.22 | $0.22 | $102.98 million | $102.60 million | View | N/A | |
| 2/10/2014 | Q413 | $0.18 | $0.20 | $100.00 million | $100.80 million | View | N/A | |
| 11/6/2013 | Q313 | $0.18 | $0.16 | $100.52 million | $98.40 million | View | N/A | |
| 8/7/2013 | Q2 2013 | $0.19 | $0.16 | $91.37 million | $93.60 million | View | N/A | |
| 5/9/2013 | Q1 2013 | $0.17 | $0.15 | $79.13 million | $78.20 million | View | N/A | |
| 3/13/2013 | Q4 2012 | $0.17 | $0.44 | $77.90 million | $76.70 million | View | N/A | |
| 11/7/2012 | Q312 | $0.21 | $0.28 | $83.32 million | $78.60 million | View | N/A | |
| 8/8/2012 | | $0.18 | $0.25 | | | View | N/A | |
| 5/9/2012 | | $0.18 | $0.07 | | | View | N/A | |
| 3/7/2012 | | $0.15 | $0.20 | | | View | N/A | |
| 11/9/2011 | | $0.09 | $0.21 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Flotek Industries (NYSE:FTK)2017 EPS Consensus Estimate: $0.40
2018 EPS Consensus Estimate: $0.86
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 3 | ($0.01) | $0.10 | $0.05 |
| Q2 2017 | 3 | $0.04 | $0.12 | $0.08 |
| Q3 2017 | 3 | $0.10 | $0.15 | $0.12 |
| Q4 2017 | 3 | $0.13 | $0.17 | $0.15 |
| Q1 2018 | 1 | $0.17 | $0.17 | $0.17 |
| Q2 2018 | 1 | $0.19 | $0.19 | $0.19 |
| Q3 2018 | 1 | $0.21 | $0.21 | $0.21 |
| Q4 2018 | 1 | $0.29 | $0.29 | $0.29 |
| Q1 2019 | 1 | $0.24 | $0.24 | $0.24 |
| Q2 2019 | 1 | $0.26 | $0.26 | $0.26 |
(Data provided by Zacks Investment Research)
Dividend History for Flotek Industries (NYSE:FTK)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Flotek Industries (NYSE:FTK)Insider Ownership Percentage: 5.45%
Institutional Ownership Percentage: 99.51%
Insider Trades by Quarter for Flotek Industries (NYSE:FTK)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/15/2017 | Kenneth Hern | Director | Sell | 15,000 | $11.60 | $174,000.00 | |
| 2/22/2017 | John Reiland | Director | Sell | 15,000 | $12.73 | $190,950.00 | |
| 9/6/2016 | L Melvin Cooper | Director | Sell | 10,000 | $16.01 | $160,100.00 | |
| 1/14/2016 | Carla S Hardy | Director | Sell | 2,794 | $7.85 | $21,932.90 | |
| 11/17/2015 | Robert M Schmitz | CFO | Buy | 12,200 | $9.76 | $119,072.00 | |
| 11/4/2015 | John Reiland | Director | Sell | 4,380 | $19.21 | $84,139.80 | |
| 10/5/2015 | Joshua A Snively | EVP | Sell | 30,000 | $17.77 | $533,100.00 | |
| 9/14/2015 | Steven A Reeves | VP | Sell | 41,934 | $18.84 | $790,036.56 | |
| 8/19/2015 | Kenneth Hern | Director | Sell | 4,000 | $17.51 | $70,040.00 | |
| 4/13/2015 | Carla S Hardy | Director | Sell | 40,500 | $17.03 | $689,715.00 | |
| 2/25/2015 | Steven A Reeves | VP | Sell | 9,850 | $18.00 | $177,300.00 | |
| 2/9/2015 | John Reiland | Director | Sell | 10,000 | $17.53 | $175,300.00 | |
| 2/5/2015 | Steven A Reeves | VP | Sell | 19,840 | $17.10 | $339,264.00 | |
| 12/15/2014 | H. Richard Walton | CFO | Buy | 3,000 | $16.37 | $49,110.00 | |
| 11/21/2014 | John Chisholm | CEO | Sell | 50,000 | $23.09 | $1,154,500.00 | |
| 11/7/2014 | Joshua A Snively | EVP | Sell | 30,000 | $22.53 | $675,900.00 | |
| 10/13/2014 | Carla S Hardy | Director | Sell | 104,000 | $20.36 | $2,117,440.00 | |
| 9/8/2014 | Kenneth Hern | Director | Sell | 3,000 | $26.32 | $78,960.00 | |
| 5/28/2014 | John Reiland | Director | Sell | 8,000 | $28.78 | $230,240.00 | |
| 5/27/2014 | Carla S Hardy | Director | Sell | 65,000 | $27.74 | $1,803,100.00 | |
| 5/19/2014 | Carla Hardy | Director | Sell | 110,000 | $27.35 | $3,008,500.00 | |
| 5/16/2014 | Lv Mcguire | Director | Sell | 7,000 | $27.33 | $191,310.00 | |
| 4/14/2014 | John Chisholm | CEO | Sell | 20,000 | $29.12 | $582,400.00 | |
| 3/4/2014 | Steven Reeves | VP | Sell | 50,000 | $26.66 | $1,333,000.00 | |
| 2/4/2014 | John Chisholm | CEO | Sell | 50,000 | $20.91 | $1,045,500.00 | |
| 1/7/2014 | John Chisholm | CEO | Sell | 40,000 | $19.37 | $774,800.00 | |
| 12/23/2013 | Carla S Hardy | Director | Sell | 87,500 | $19.83 | $1,735,125.00 | |
| 10/28/2013 | John Chisholm | CEO | Sell | 13,000 | $22.39 | $291,070.00 | |
| 8/23/2013 | L Melvin Cooper | Director | Sell | 5,000 | $20.05 | $100,250.00 | |
| 8/15/2013 | John Chisholm | CEO | Sell | 50,000 | $18.91 | $945,500.00 | |
| 8/15/2013 | Marc Kevin Fisher | EVP | Sell | 15,000 | $19.03 | $285,450.00 | |
| 8/13/2013 | John Reiland | Director | Sell | 3,600 | $19.20 | $69,120.00 | |
| 6/17/2013 | John Chisholm | CEO | Sell | 50,000 | $17.56 | $878,000.00 | |
| 6/13/2013 | John Reiland | Director | Sell | 3,000 | $17.50 | $52,500.00 | |
| 6/6/2013 | Marc Kevin Fisher | EVP | Sell | 3,150 | $17.74 | $55,881.00 | |
| 5/14/2013 | John Reiland | Director | Sell | 19,626 | $16.83 | $330,305.58 | |
| 5/14/2013 | Marc Kevin Fisher | EVP | Sell | 6,000 | $16.84 | $101,040.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Flotek Industries (NYSE:FTK)
Latest Headlines for Flotek Industries (NYSE:FTK)
| Source: |
|
| Date | Headline |
|---|
 | Flotek 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 |
| Flotek Industries' (NYSE:FTK) Buy Rating Reaffirmed at Seaport Global Securities
www.americanbankingnews.com - July 22 at 7:26 AM |
 | Flotek Industries Announces Second Quarter 2017 Results Reporting Schedule - PR Newswire (press release)
www.prnewswire.com - July 20 at 12:34 AM |
 | Flotek Industries Announces Second Quarter 2017 Results Reporting Schedule
finance.yahoo.com - July 19 at 7:32 PM |
| Halliburton’s Correlation with Crude Oil on July 14
finance.yahoo.com - July 17 at 7:45 PM |
| Flotek Industries, Inc. (NYSE:FTK) to Release Earnings on Monday
www.americanbankingnews.com - July 17 at 9:04 AM |
| Chart of the Week: Flotek’s Growth Trajectory
finance.yahoo.com - July 12 at 1:00 AM |
| What’s Flotek Industries’ Stock Price Forecast on July 3?
finance.yahoo.com - July 6 at 8:10 PM |
| Who’s Shorting Flotek: Short Interest in FTK as of June 30
finance.yahoo.com - July 6 at 8:10 PM |
| Inside Flotek’s Correlation Coefficient: What Flotek Has to Do with Crude
finance.yahoo.com - July 6 at 8:10 PM |
| Inside Flotek Industries’ New 2017 Capex Plan
finance.yahoo.com - July 6 at 6:29 AM |
| What Flotek’s Historical Valuation Suggests
finance.yahoo.com - July 5 at 7:33 PM |
| Weighing Flotek’s Current Valuation against Peers
finance.yahoo.com - July 5 at 7:33 PM |
| Inside Flotek Industries’ Growth Drivers in 2Q17
finance.yahoo.com - July 5 at 7:29 AM |
| How Is Flotek Industries Positioned to Grow in 2017?
finance.yahoo.com - July 5 at 7:29 AM |
| These Factors Are Affecting Flotek Industries the Most
finance.yahoo.com - July 5 at 7:29 AM |
| Why Is Flotek Industries Looking Bearish?
finance.yahoo.com - July 3 at 6:35 PM |
| What Analysts Expect from the Top OFS Companies in the Next Year
finance.yahoo.com - June 29 at 10:18 PM |
| What Are the Short Interests of the Top OFS Companies in 2Q17?
finance.yahoo.com - June 28 at 6:28 PM |
| The Best Oilfield Services Stocks of 2Q17 by Earnings Growth
finance.yahoo.com - June 27 at 5:31 PM |
| Zacks Investment Research Lowers Flotek Industries, Inc. (FTK) to Hold
www.americanbankingnews.com - June 23 at 11:28 PM |
| Seaport Global Securities Comments on Flotek Industries, Inc.'s FY2017 Earnings (FTK)
www.americanbankingnews.com - June 23 at 9:28 AM |
| Q1 2019 Earnings Forecast for Flotek Industries, Inc. Issued By Seaport Global Securities (FTK)
www.americanbankingnews.com - June 22 at 2:32 PM |
| ETFs with exposure to Flotek Industries, Inc. : June 20, 2017
finance.yahoo.com - June 20 at 6:03 PM |
| Flotek Industries, Inc. :FTK-US: Earnings Analysis: Q1, 2017 By the Numbers : June 19, 2017
finance.yahoo.com - June 19 at 6:05 PM |
| Shares of Flotek Industries Crashed 18.8% in May. Here's Why
finance.yahoo.com - June 9 at 5:46 PM |
 | Shares of Flotek Industries Crashed 18.8% in May. Here's Why
www.fool.com - June 9 at 1:19 PM |
| Flotek Industries Inc (FTK) Downgraded to "Sell" at ValuEngine
www.americanbankingnews.com - June 4 at 3:34 PM |
| Flotek Industries, Inc. Announces Closing Of Drilling Technologies And Production Techologies Sales - PR Newswire (press release)
www.prnewswire.com - May 25 at 7:31 PM |
| Flotek Industries, Inc. Announces Closing Of Drilling Technologies And Production Techologies Sales
finance.yahoo.com - May 24 at 12:04 PM |
 | Flotek Industries (FTK) Presents At Stephens Energy Executive Summit - Slideshow
seekingalpha.com - May 22 at 4:55 PM |
| Flotek Industries, Inc. Releases Material Customer Trend And Product Information
finance.yahoo.com - May 16 at 11:40 AM |
| Flotek Industries Inc (FTK) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - May 8 at 8:30 PM |
| Seaport Global Securities Weighs in on Flotek Industries Inc's Q3 2017 Earnings (FTK)
www.americanbankingnews.com - May 8 at 8:59 AM |
| Edited Transcript of FTK earnings conference call or presentation 4-May-17 12:30pm GMT
finance.yahoo.com - May 5 at 10:33 PM |
| Flotek Industries, Inc. breached its 50 day moving average in a Bullish Manner : FTK-US : May 4, 2017
finance.yahoo.com - May 5 at 5:31 PM |
| Flotek Industries, Inc. – Value Analysis (NYSE:FTK) : May 5, 2017
finance.yahoo.com - May 5 at 5:31 PM |
| Shares of Flotek Industries Crash 13% on Disappointing Earnings
www.fool.com - May 4 at 2:41 PM |
 | Mid-Morning Market Update: Markets Edge Lower; Viacom Beats Q2 Expectations
www.nasdaq.com - May 4 at 12:15 PM |
 | Flotek Industries reports 1Q loss
www.cnbc.com - May 4 at 12:15 PM |
| Houston energy tech co. sells business segment to National Oilwell Varco
finance.yahoo.com - May 3 at 5:07 PM |
| Flotek Industries, Inc. Announces First Quarter 2017 Results And Conference Call Information
finance.yahoo.com - May 3 at 5:07 PM |
| Flotek Industries (FTK) Getting Somewhat Critical Press Coverage, Report Finds
www.americanbankingnews.com - May 3 at 9:28 AM |
| Flotek Chemist Recognized For Contributions To Surfactant Chemistry With Samuel Rosen Memorial Award
finance.yahoo.com - May 2 at 7:54 PM |
| Flotek Industries, Inc. Announces Agreement To Divest Drilling Technologies Segment
finance.yahoo.com - May 2 at 7:54 PM |
| Somewhat Favorable News Coverage Very Likely to Affect Flotek Industries (FTK) Share Price
www.americanbankingnews.com - April 30 at 6:04 PM |
 | Flotek Industries Announces First Quarter 2017 Results Reporting Schedule
www.marketwatch.com - April 27 at 5:53 PM |
| Flotek Industries (FTK) Given Daily Coverage Optimism Rating of 0.28
www.americanbankingnews.com - April 27 at 1:08 AM |
| Flotek Appoints Danielle Allen To Lead Global Communications, Marketing And Technology Commercialization
finance.yahoo.com - April 25 at 11:17 AM |
| Positive Press Coverage Very Likely to Impact Flotek Industries (FTK) Stock Price
www.americanbankingnews.com - April 22 at 9:35 AM |
Flotek Industries (FTK) Chart for Thursday, July, 27, 2017
