Flotek Industries (FTK)
Flotek Industries, Inc. is a technology-driven, specialty chemistry and data company that serves customers across industrial, commercial and consumer markets. Flotek's Chemistry Technologies segment develops, manufactures, packages, distributes, delivers, and markets high-quality sanitizers and disinfectants for commercial, governmental and personal consumer use. Additionally, Flotek empowers the energy industry to maximize the value of their hydrocarbon streams and improve return on invested capital through its real-time data platforms and chemistry technologies. Flotek serves downstream, midstream and upstream customers, both domestic and international.

Company profile
Ticker
FTK
Exchange
Website
CEO
John Gibson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Flotek Chemistry, LLC • Oklahoma Limited Liability Company • Flotek Paymaster, Inc. • Texas Corporation ...
IRS number
900023731
FTK stock data
Press releases
FLOTEK ANNOUNCES FIRST QUARTER 2022 RESULTS
16 May 22
FLOTEK ANNOUNCES SHAREHOLDER APPROVAL OF $2 BILLION+ LONG TERM CONTRACT
10 May 22
FLOTEK ANNOUNCES EARNINGS SCHEDULE FOR FIRST QUARTER 2022 RESULTS
9 May 22
FLOTEK INDUSTRIES REGAINS COMPLIANCE WITH NYSE'S CONTINUED LISTING STANDARD
4 Apr 22
FLOTEK ANNOUNCES FOURTH QUARTER AND FULL YEAR 2021 RESULTS
30 Mar 22
Investment data
Securities sold
Number of investors
Calendar
16 May 22
17 May 22
31 Dec 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 24.88M | 24.88M | 24.88M | 24.88M | 24.88M | 24.88M |
Cash burn (monthly) | (no burn) | 759.17K | 3.58M | 2.83M | 2.82M | 2.42M |
Cash used (since last report) | n/a | 1.18M | 5.56M | 4.4M | 4.39M | 3.76M |
Cash remaining | n/a | 23.69M | 19.31M | 20.48M | 20.48M | 21.11M |
Runway (months of cash) | n/a | 31.2 | 5.4 | 7.2 | 7.3 | 8.7 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
29 Apr 22 | Gibson John W JR | Common Shares | Buy | Acquire P | No | No | 1.41 | 4,000 | 5.64K | 866,833 |
19 Apr 22 | Nicholas J. Bigney | Common Stock | Payment of exercise | Dispose F | No | No | 1.36 | 7,759 | 10.55K | 286,227 |
19 Apr 22 | Michael E. Borton | Common Shares | Payment of exercise | Dispose F | No | No | 1.36 | 13,631 | 18.54K | 403,979 |
19 Apr 22 | Ryan Gillis Ezell | Common Shares | Payment of exercise | Dispose F | No | No | 1.36 | 11,617 | 15.8K | 424,916 |
19 Apr 22 | James A Silas | Common Shares | Payment of exercise | Dispose F | No | No | 1.36 | 8,049 | 10.95K | 412,076 |
Institutional ownership, Q4 2021
33.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 44 |
Opened positions | 12 |
Closed positions | 13 |
Increased positions | 9 |
Reduced positions | 12 |
13F shares | Current |
---|---|
Total value | 40.03M |
Total shares | 25.95M |
Total puts | 130.5K |
Total calls | 145.2K |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
North Sound Trading | 7M | $15.75M |
Nierenberg Investment Management | 4.84M | $5.47M |
Masters Capital Management | 3M | $3.39M |
Vanguard | 2.88M | $3.25M |
Dimensional Fund Advisors | 2.32M | $2.63M |
BLK Blackrock | 1.04M | $1.17M |
Disciplined Growth Investors | 788.8K | $891K |
Needham Investment Management | 600K | $678K |
Light Sky Macro | 514.33K | $581K |
Geode Capital Management | 513.71K | $580K |
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Bad
|
New words:
advisor, age, aggregate, Alberta, analogy, annum, arbitration, bad, baseline, bond, broadly, Bulldog, Burlington, calendar, Calgary, card, case, Casey, CCC, cessation, civil, collect, collectability, collected, commenced, component, concurrent, Congestion, consecutive, consortium, conversion, counsel, counterclaim, customary, cyclical, deal, Denial, depict, disposition, Doherty, doubtful, druing, earnout, eventual, Family, February, fee, Firestorm, firm, foothold, foregoing, fracturing, fulfillment, functional, gain, gained, greater, hereto, highest, holder, hydraulic, iii, implicated, imposed, inappropriate, inducement, instability, institution, intensity, intothe, investigation, issuable, issuance, iv, John, labor, landlord, LLP, margin, Master, met, modular, month, negligible, open, option, ordinary, outbound, overhead, partly, passed, percent, PIK, PIPE, political, Port, proceed, ProFrac, proper, pursuant, quantity, ramp, reclassification, relied, remitted, repair, repeated, replacement, repurchase, requisite, revaluation, revealed, secure, serve, simulation, Sound, split, steadily, stockholder, sum, suspended, theProFrac, thh, thousand, translated, translation, unamortized, uncollectible, undiscounted, volume, vote, weigh, wholly, worsened, worsening, written, yield
Removed:
acceptable, acquired, acquiring, actively, advisory, agent, amend, analyzer, announced, approval, assessing, assessment, attendant, borrowing, bring, British, budgeting, buyer, carryback, cementing, Center, claim, cleaner, cloud, Codification, Columbia, combine, comprised, consisted, contributory, conventional, decision, decline, declined, differentiated, disinfectant, documentation, domicile, downstream, drilling, Drug, duration, emerging, enabling, ending, entertainment, Entry, estate, event, expertise, fairly, final, flat, fluid, focused, force, goodwill, governance, GRIC, health, hired, hospitality, implementation, implemented, ineffective, infrastructure, inline, leased, legislative, longer, making, manage, marketability, Marlow, mature, mentioned, monitoring, moved, NOL, notwithstanding, objective, obsolescence, Oklahoma, operation, outbreak, outlined, ownership, permitted, placement, plant, portrayal, precision, prepare, present, protect, Province, real, recent, release, remained, remeasurement, remediated, remediation, remove, represented, resident, resulting, retail, returned, settled, side, Simplifying, slower, specificity, stimulation, storage, strategic, structure, subjective, Supplementary, tangible, targeting, testing, utilized, validation, verifiable, visualization
Current reports
8-K
Results of Operations and Financial Condition
16 May 22
8-K
Submission of Matters to a Vote of Security Holders
9 May 22
8-K
Departure of Directors or Certain Officers
21 Apr 22
8-K
Regulation FD Disclosure
5 Apr 22
8-K
Flotek Announces Fourth Quarter and Full Year 2021 Results
31 Mar 22
8-K
Departure of Directors or Certain Officers
14 Mar 22
8-K
Regulation FD Disclosure
10 Mar 22
8-K
Flotek Awarded $1 Billion+ Long Term Contract
22 Feb 22
8-K
Innovative Multi-Year Partnership Creates Compelling Offering to Improve Operators’ ESG and Operational Performance
4 Feb 22
8-K
Other Events
27 Dec 21
Registration and prospectus
S-8
Registration of securities for employees
11 May 22
S-8
Registration of securities for employees
17 Jun 20
D
Indefinite amount in equity, sold $12.19M, 23 investors
1 Jun 20
S-8
Registration of securities for employees
19 Mar 20
S-8
Registration of securities for employees
24 May 19
S-8
Registration of securities for employees
25 Jun 18
S-3/A
Shelf registration (amended)
20 Sep 17
S-3
Shelf registration
31 Jul 17
Proxies
PRE 14A
Preliminary proxy
23 Mar 22
DEFA14A
Additional proxy soliciting materials
10 Mar 22
DEFA14A
Additional proxy soliciting materials
22 Feb 22
DEFA14A
Additional proxy soliciting materials
17 Feb 22
DEFA14A
Additional proxy soliciting materials
22 Apr 21
DEF 14A
Definitive proxy
22 Apr 21
DEFA14A
Additional proxy soliciting materials
13 Apr 20
Other
EFFECT
Notice of effectiveness
10 Dec 20
CORRESP
Correspondence with SEC
6 Dec 20
UPLOAD
Letter from SEC
3 Dec 20
CT ORDER
Confidential treatment order
10 Apr 19
EFFECT
Notice of effectiveness
10 Oct 17
CORRESP
Correspondence with SEC
4 Oct 17
CORRESP
Correspondence with SEC
20 Sep 17
UPLOAD
Letter from SEC
13 Aug 17
UPLOAD
Letter from SEC
5 Jul 17
CORRESP
Correspondence with SEC
29 Jun 17
Ownership
4
FLOTEK INDUSTRIES / JOHN W GIBSON JR ownership change
3 May 22
4
FLOTEK INDUSTRIES / James A Silas ownership change
21 Apr 22
4
FLOTEK INDUSTRIES / Ryan Gillis Ezell ownership change
21 Apr 22
4
FLOTEK INDUSTRIES / Michael E. Borton ownership change
21 Apr 22
4
FLOTEK INDUSTRIES / Nicholas J. Bigney ownership change
21 Apr 22
4
FLOTEK INDUSTRIES / JOHN W GIBSON JR ownership change
4 Apr 22
11-K
Annual report of employee stock purchases
31 Mar 22
3
FLOTEK INDUSTRIES / Staci Wilks ownership change
24 Mar 22
4
FLOTEK INDUSTRIES / David Nierenberg ownership change
23 Mar 22
SC 13D/A
FLOTEK INDUSTRIES / Nierenberg Investment Management ownership change
23 Mar 22
Transcripts
2021 Q4
Earnings call transcript
31 Mar 22
2021 Q3
Earnings call transcript
9 Nov 21
2021 Q2
Earnings call transcript
10 Aug 21
2021 Q1
Earnings call transcript
11 May 21
2020 Q4
Earnings call transcript
17 Mar 21
2020 Q3
Earnings call transcript
17 Nov 20
2020 Q2
Earnings call transcript
9 Aug 20
2020 Q1
Earnings call transcript
19 May 20
2019 Q4
Earnings call transcript
6 Mar 20
2019 Q3
Earnings call transcript
12 Nov 19
Reddit threads
Daily Discussion Thread - May 16th, 2022
16 May 22
Daily Discussion Thread - May 13th, 2022
13 May 22
Daily Discussion Thread - May 9th, 2022
9 May 22
Daily Discussion Thread - May 6th, 2022
6 May 22
Why your stocks will not move…..because I own them…Pltr, Mq, Mttr, BLI, Sdpi, Impp, HGEN BFRI and more Please Read and help expose the f*****y
14 Apr 22
Daily Discussion Thread - March 29th, 2022
29 Mar 22
Daily Discussion Thread - March 28th, 2022
28 Mar 22
Daily Discussion Thread - March 22nd, 2022
22 Mar 22
I wish my fellow investors good luck
15 Mar 22
Undervalued stocks. Name a few buy opportunities that most people are sleeping on right now.
15 Mar 22