Flotek Industries, Inc. develops and supplies chemistry and services to the oil and gas industries in the United States and internationally. It operates through two segments, Energy Chemistry Technologies; and Consumer and Industrial Chemistry Technologies. The Energy Chemistry Technologies segment is involved in the design, development, manufacture, packaging, and marketing of chemistries under the Complex nano-Fluid brand name for use in oil and gas well drilling, cementing, completion, stimulation, and production activities, as well as for use in enhanced and improved oil recovery markets. This segment also constructs and manages automated material handling facilities; and manages loading facilities and blending operations for oilfield service companies. The Consumer and Industrial Chemistry Technologies segment designs, develops, and manufactures citrus oils for food and beverage companies, fragrance companies, and companies providing household and industrial cleaning products. It serves oil and natural gas, oilfield service, pressure pumping service, international supply chain management, and cosmetic companies. Flotek Industries, Inc. is headquartered in Houston, Texas.
Industry, Sector and Symbol
Industry Miscellaneous chemical products
Sub-IndustrySpecialty Chemicals
SectorOils/Energy
SymbolNYSE:FTK
CUSIP34338910
Phone713-849-9911
Debt
Debt-to-Equity RatioN/A
Current Ratio1.97
Quick Ratio0.82
Price-To-Earnings
Trailing P/E Ratio-47.00
Forward P/E Ratio-16.45
P/E GrowthN/A
Sales & Book Value
Annual Sales$317.10 million
Price / Sales0.59
Cash Flow$0.1547 per share
Price / Cash21.27
Book Value$4.67 per share
Price / Book0.70
Profitability
EPS (Most Recent Fiscal Year)($0.07)
Net Income$-27,390,000.00
Net Margins-5.16%
Return on Equity0.37%
Return on Assets0.29%
Miscellaneous
Employees334
Outstanding Shares56,860,000
Flotek Industries (NYSE:FTK) Frequently Asked Questions
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 data on Wednesday, May, 9th. The oil and gas company reported $0.01 EPS for the quarter, topping analysts' consensus estimates of ($0.10) by $0.11. The oil and gas company had revenue of $60.52 million for the quarter, compared to analysts' expectations of $60.50 million. Flotek Industries had a negative net margin of 5.16% and a positive return on equity of 0.37%. The business's revenue was down 24.3% on a year-over-year basis. During the same quarter last year, the company earned ($0.01) EPS. View Flotek Industries' Earnings History.
When is Flotek Industries' next earnings date?
Who are some of Flotek Industries' key competitors?
Who are Flotek Industries' key executives?
Flotek Industries' management team includes the folowing people:
- Mr. John William Chisholm, Chairman, Pres & CEO (Age 63)
- Mr. H. Richar Walton, CFO, Chief Accounting Officer & Exec. VP (Age 69)
- Mr. Joshua A. Snively Sr., Exec. VP of Operations (Age 54)
- Dr. Glenn S. Penny Ph.D., Director of Technology (Age 68)
- Mr. William H. York, Chief Admin. Officer
Has Flotek Industries been receiving favorable news coverage?
Headlines about FTK stock have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Flotek Industries earned a media sentiment score of 0.18 on Accern's scale. They also assigned media headlines about the oil and gas company an impact score of 45.62 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are Flotek Industries' major shareholders?
Flotek Industries' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.66%), Dimensional Fund Advisors LP (4.76%), Barrow Hanley Mewhinney & Strauss LLC (4.25%), Disciplined Growth Investors Inc. MN (2.79%), Russell Investments Group Ltd. (2.50%) and Stifel Financial Corp (2.18%). Company insiders that own Flotek Industries stock include H Richard Walton, John Chisholm, John Reiland, Joshua A Snively, Kenneth Hern and L Melvin Cooper. View Institutional Ownership Trends for Flotek Industries.
Which institutional investors are selling Flotek Industries stock?
FTK stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., Guggenheim Capital LLC, A.R.T. Advisors LLC, NBW Capital LLC, Barrow Hanley Mewhinney & Strauss LLC and OppenheimerFunds Inc.. View Insider Buying and Selling for Flotek Industries.
Which institutional investors are buying Flotek Industries stock?
FTK stock was purchased by a variety of institutional investors in the last quarter, including Disciplined Growth Investors Inc. MN, Dimensional Fund Advisors LP, Russell Investments Group Ltd., Stifel Financial Corp, Millennium Management LLC, PNC Financial Services Group Inc., Aperio Group LLC and Trexquant Investment LP. Company insiders that have bought Flotek Industries stock in the last two years include H Richard Walton, John Chisholm, Joshua A Snively and Kenneth Hern. View Insider Buying and Selling for Flotek Industries.
How do I buy shares of Flotek Industries?
Shares of FTK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Flotek Industries' stock price today?
One share of FTK stock can currently be purchased for approximately $3.29.
How big of a company is Flotek Industries?
Flotek Industries has a market capitalization of $185.94 million and generates $317.10 million in revenue each year. The oil and gas company earns $-27,390,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis. Flotek Industries employs 334 workers across the globe.
How can I contact Flotek Industries?
Flotek Industries' mailing address is 10603 West Sam Houston Parkway North Suite 300, Houston TX, 77064. The oil and gas company can be reached via phone at 713-849-9911 or via email at [email protected]
MarketBeat Community Rating for Flotek Industries (FTK)
MarketBeat's community ratings are surveys of what our community members think about Flotek Industries and other stocks. Vote "Outperform" if you believe FTK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FTK will underperform the S&P 500 over the long term. You may vote once every thirty days.
