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 - 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?

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)
Community Ranking:  2.3 out of 5 ( )
Outperform Votes:  105 (Vote Outperform)
Underperform Votes:  119 (Vote Underperform)
Total Votes:  224
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 7/27/2015 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
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: $0.40
2018 EPS Consensus Estimate: $0.86
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.01)$0.10$0.05
Q2 20173$0.04$0.12$0.08
Q3 20173$0.10$0.15$0.12
Q4 20173$0.13$0.17$0.15
Q1 20181$0.17$0.17$0.17
Q2 20181$0.19$0.19$0.19
Q3 20181$0.21$0.21$0.21
Q4 20181$0.29$0.29$0.29
Q1 20191$0.24$0.24$0.24
Q2 20191$0.26$0.26$0.26
(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: 99.51%
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
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) 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
finance.yahoo.com logoWeighing Flotek’s Current Valuation against Peers
finance.yahoo.com - July 5 at 7:33 PM
finance.yahoo.com logoInside Flotek Industries’ Growth Drivers in 2Q17
finance.yahoo.com - July 5 at 7:29 AM
finance.yahoo.com logoHow Is Flotek Industries Positioned to Grow in 2017?
finance.yahoo.com - July 5 at 7:29 AM
finance.yahoo.com logoThese Factors Are Affecting Flotek Industries the Most
finance.yahoo.com - July 5 at 7:29 AM
finance.yahoo.com logoWhy Is Flotek Industries Looking Bearish?
finance.yahoo.com - July 3 at 6:35 PM
finance.yahoo.com logoWhat Analysts Expect from the Top OFS Companies in the Next Year
finance.yahoo.com - June 29 at 10:18 PM
finance.yahoo.com logoWhat Are the Short Interests of the Top OFS Companies in 2Q17?
finance.yahoo.com - June 28 at 6:28 PM
finance.yahoo.com logoThe Best Oilfield Services Stocks of 2Q17 by Earnings Growth
finance.yahoo.com - June 27 at 5:31 PM
americanbankingnews.com logoZacks Investment Research Lowers Flotek Industries, Inc. (FTK) to Hold
www.americanbankingnews.com - June 23 at 11:28 PM
americanbankingnews.com logoSeaport Global Securities Comments on Flotek Industries, Inc.'s FY2017 Earnings (FTK)
www.americanbankingnews.com - June 23 at 9:28 AM
americanbankingnews.com logoQ1 2019 Earnings Forecast for Flotek Industries, Inc. Issued By Seaport Global Securities (FTK)
www.americanbankingnews.com - June 22 at 2:32 PM
finance.yahoo.com logoETFs with exposure to Flotek Industries, Inc. : June 20, 2017
finance.yahoo.com - June 20 at 6:03 PM
finance.yahoo.com logoFlotek Industries, Inc. :FTK-US: Earnings Analysis: Q1, 2017 By the Numbers : June 19, 2017
finance.yahoo.com - June 19 at 6:05 PM
finance.yahoo.com logoShares of Flotek Industries Crashed 18.8% in May. Here's Why
finance.yahoo.com - June 9 at 5:46 PM
fool.com logoShares of Flotek Industries Crashed 18.8% in May. Here's Why
www.fool.com - June 9 at 1:19 PM
americanbankingnews.com logoFlotek Industries Inc (FTK) Downgraded to "Sell" at ValuEngine
www.americanbankingnews.com - June 4 at 3:34 PM
prnewswire.com logoFlotek Industries, Inc. Announces Closing Of Drilling Technologies And Production Techologies Sales - PR Newswire (press release)
www.prnewswire.com - May 25 at 7:31 PM
finance.yahoo.com logoFlotek Industries, Inc. Announces Closing Of Drilling Technologies And Production Techologies Sales
finance.yahoo.com - May 24 at 12:04 PM
seekingalpha.com logoFlotek Industries (FTK) Presents At Stephens Energy Executive Summit - Slideshow
seekingalpha.com - May 22 at 4:55 PM
finance.yahoo.com logoFlotek Industries, Inc. Releases Material Customer Trend And Product Information
finance.yahoo.com - May 16 at 11:40 AM
americanbankingnews.com logoFlotek Industries Inc (FTK) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - May 8 at 8:30 PM
americanbankingnews.com logoSeaport Global Securities Weighs in on Flotek Industries Inc's Q3 2017 Earnings (FTK)
www.americanbankingnews.com - May 8 at 8:59 AM
finance.yahoo.com logoEdited Transcript of FTK earnings conference call or presentation 4-May-17 12:30pm GMT
finance.yahoo.com - May 5 at 10:33 PM
finance.yahoo.com logoFlotek 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
finance.yahoo.com logoFlotek Industries, Inc. – Value Analysis (NYSE:FTK) : May 5, 2017
finance.yahoo.com - May 5 at 5:31 PM
fool.com logoShares of Flotek Industries Crash 13% on Disappointing Earnings
www.fool.com - May 4 at 2:41 PM
nasdaq.com logoMid-Morning Market Update: Markets Edge Lower; Viacom Beats Q2 Expectations
www.nasdaq.com - May 4 at 12:15 PM
cnbc.com logoFlotek Industries reports 1Q loss
www.cnbc.com - May 4 at 12:15 PM
finance.yahoo.com logoHouston energy tech co. sells business segment to National Oilwell Varco
finance.yahoo.com - May 3 at 5:07 PM
finance.yahoo.com logoFlotek Industries, Inc. Announces First Quarter 2017 Results And Conference Call Information
finance.yahoo.com - May 3 at 5:07 PM
americanbankingnews.com logoFlotek Industries (FTK) Getting Somewhat Critical Press Coverage, Report Finds
www.americanbankingnews.com - May 3 at 9:28 AM
finance.yahoo.com logoFlotek Chemist Recognized For Contributions To Surfactant Chemistry With Samuel Rosen Memorial Award
finance.yahoo.com - May 2 at 7:54 PM
finance.yahoo.com logoFlotek Industries, Inc. Announces Agreement To Divest Drilling Technologies Segment
finance.yahoo.com - May 2 at 7:54 PM
americanbankingnews.com logoSomewhat Favorable News Coverage Very Likely to Affect Flotek Industries (FTK) Share Price
www.americanbankingnews.com - April 30 at 6:04 PM
marketwatch.com logoFlotek Industries Announces First Quarter 2017 Results Reporting Schedule
www.marketwatch.com - April 27 at 5:53 PM
americanbankingnews.com logoFlotek Industries (FTK) Given Daily Coverage Optimism Rating of 0.28
www.americanbankingnews.com - April 27 at 1:08 AM
finance.yahoo.com logoFlotek Appoints Danielle Allen To Lead Global Communications, Marketing And Technology Commercialization
finance.yahoo.com - April 25 at 11:17 AM
americanbankingnews.com logoPositive Press Coverage Very Likely to Impact Flotek Industries (FTK) Stock Price
www.americanbankingnews.com - April 22 at 9:35 AM

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Chart

Flotek Industries (FTK) Chart for Thursday, July, 27, 2017

This page was last updated on 7/27/2017 by MarketBeat.com Staff