Flotek Industries Overview
- Year Founded
-
1985
- Status
-
Public
- Employees
-
146
- Stock Symbol
-
FTK
- Investments
-
16
- Share Price
-
$4.72
- (As of Monday Closing)
Flotek Industries General Information
Description
Flotek Industries Inc is a technology-driven company focused on reducing the environmental impact of energy operations. Its Chemistry Technologies segment develops green specialty chemicals to enhance the profitability of hydrocarbon producers, catering to major players in the oil and gas industry. These chemicals improve operational efficiency and sustainability throughout the well life cycle. The Data Analytics segment provides real-time analytics for hydrocarbon streams, enabling users to optimize processes and increase profitability by reducing waste and reprocessing. Flotek's revenue primarily comes from its Chemistry segment, reflecting its commitment to providing solutions for environmental improvement in the energy sector.
Contact Information
Website
www.flotekind.comCorporate Office
- 5775 North Sam Houston Parkway West
- Suite 400
- Houston, TX 77086
- United States
Corporate Office
- 5775 North Sam Houston Parkway West
- Suite 400
- Houston, TX 77086
- United States
Flotek Industries Stock Performance
(As of Monday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $4.72 | $4.68 | $2.64 - $5.61 | $141M | 29.8M | 89.4K | $0.23 |
Flotek Industries Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 152,918 | 125,793 | 182,472 | 82,815 |
| Revenue | 175,982 | 188,058 | 136,092 | 43,268 |
| EBITDA | 9,209 | 28,453 | (34,542) | (29,477) |
| Net Income | 6,927 | 24,713 | (42,305) | (30,526) |
| Total Assets | 156,040 | 157,513 | 164,810 | 50,244 |
| Total Debt | 14,955 | 17,878 | 119,584 | 13,263 |
Flotek Industries Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Flotek Industries Comparisons
Industry
Financing
Details
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Flotek Industries Competitors (4)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Solenis | Private Equity-Backed | Wilmington, DE | 00000 | 00.00 | 000000000 00 | 00.00 |
| OMNOVA Solutions | Corporate Backed or Acquired | Solon, OH | 0000 | 00000 | 000000&0 | 00000 |
| ChampionX | Corporation | The Woodlands, TX | 0000 | 00.000 | 000000&0 | 00.000 |
| Clariant International | Corporation | Muttenz, Switzerland | 00000 | 000.00 | 000000000 - | 000.00 |
Flotek Industries Patents
Flotek Industries Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20150293071-A1 | Methods and apparatus for combining technical and regulatory information comprising the compiling and normalization of disparate technical, regulatory and other data | Active | 15-Apr-2014 | 0000000000 | 0 |
| US-10281447-B2 | Methods and apparatus for combining technical and regulatory information comprising the compiling and normalization of disparate technical, regulatory and other data | Active | 15-Apr-2014 | 0000000000 | 00 |
| EP-3132119-A1 | Method for presenting drilling operations information | Inactive | 15-Apr-2014 | 0000000000 | |
| CA-2944022-A1 | Method for presenting drilling operations information | Inactive | 15-Apr-2014 | 0000000000 | |
| AU-2015250140-A1 | Methods and apparatus for combining technical and regulatory information comprising the compiling and normalization of disparate technical, regulatory and other data | Inactive | 15-Apr-2014 | G01N33/241 |
Flotek Industries Executive Team (24)
| Name | Title | Board Seat |
|---|---|---|
| Ryan Ezell | Chief Executive Officer & Board Member | |
| Shane Wise | Senior Vice President of Operations | |
| Amerr Mahgoub | Vice President, Middle East Business Development | |
| Jeff Chang | Vice President, Strategic Chemical Innovations | |
| Bond Clement | Chief Financial Officer |
Flotek Industries Board Members (13)
| Name | Representing | Role | Since |
|---|---|---|---|
| 0000000000000 0000 | Self | Chairman & Board Member | 000 0000 |
| 0000 0000 | Self | Board Member | 000 0000 |
| 0000000 00000 | Self | Board Member | 000 0000 |
| 0000000 00000 | Self | Board Member | 000 0000 |
| 0000 00000 | Flotek Industries | Chief Executive Officer & Board Member | 000 0000 |
Flotek Industries Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Flotek Industries Acquisitions (16)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| JP3 Measurement | 18-May-2020 | 0000000000 | 000.00 | Oil and Gas Equipment | |
| International Polymerics | 27-Jul-2016 | 0000000000 | 00.00 | Specialty Chemicals | 0000 0000 |
| International Artificial Lift | 27-Jan-2015 | 0000000000 | 00.00 | Electrical Equipment | 0000 0000 |
| SiteLark | 01-Apr-2014 | 0000000000 | 00000 | Consulting Services (B2B) | 0000 0000 |
| Eclipse IOR Services | 01-Jan-2014 | Merger/Acquisition | 00.00 | Specialty Chemicals | 0000000 0 |
Flotek Industries Subsidiaries (3)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Eclipse IOR Services | Specialty Chemicals | Keller, TX | 2007 |
| JP3 Measurement | Oil and Gas Equipment | Austin, TX | 0000 |
| Triumph Drilling Tools | Other Energy Services | Cypress, TX |
Flotek Industries ESG
Risk Overview
Risk Rating
Updated June, 30, 2020
46.48 | Severe Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
00.00
Management
Management is related to actions taken to manage ESG issues
00.00
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
00 of 13,035
Rank
Percentile
Chemicals
Industry
00 of 423
Rank
Percentile
Specialty Chemicals
Subindustry
00 of 121
Rank
Percentile
Flotek Industries Exits (1)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Florida Chemical Company | 10-May-2013 | 000000000000 | 00000 | Completed |
|
Flotek Industries FAQs
-
When was Flotek Industries founded?
Flotek Industries was founded in 1985.
-
Who is the CEO of Flotek Industries?
Ryan Ezell is the CEO of Flotek Industries.
-
Where is Flotek Industries headquartered?
Flotek Industries is headquartered in Houston, TX.
-
What is the size of Flotek Industries?
Flotek Industries has 146 total employees.
-
What industry is Flotek Industries in?
Flotek Industries’s primary industry is Specialty Chemicals.
-
Is Flotek Industries a private or public company?
Flotek Industries is a Public company.
-
What is Flotek Industries’s stock symbol?
The ticker symbol for Flotek Industries is FTK.
-
What is the current stock price of Flotek Industries?
As of 16-Sep-2024 the stock price of Flotek Industries is $4.72.
-
What is the current market cap of Flotek Industries?
The current market capitalization of Flotek Industries is $141M.
-
What is Flotek Industries’s current revenue?
The trailing twelve month revenue for Flotek Industries is $176M.
-
Who are Flotek Industries’s competitors?
Solenis, OMNOVA Solutions, ChampionX, and Clariant International are competitors of Flotek Industries.
-
What is Flotek Industries’s annual earnings per share (EPS)?
Flotek Industries’s EPS for 12 months was $0.23.
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