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

NYSE

Website

www.flotekind.com

CEO

John Gibson

Incorporated

Delaware

Location

Texas

Fiscal year end

Dec 31

Sector

Manufacturing > Oil and Gas Field Machinery and Equipment Manufacturing

Industry (SIC)

Miscellaneous Chemical Products

Cabot • Element Solutions • Orion Engineered Carbons • Versum Materials • WD-40 • Advanced Emissions Solutions • GlyEco • Flexible Solutions International • Pure Bioscience • Artemis Therapeutics ...

SEC CIK

0000928054

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Flotek Chemistry, LLC • Oklahoma Limited Liability Company • Flotek Paymaster, Inc. • Texas Corporation ...

IRS number

900023731

FTK stock data

1M 1Y 5Y

News

From Benzinga Pro

Earnings Scheduled For May 16, 2022

16 May 22

Companies Reporting Before The Bell • AcelRx Pharmaceuticals (NASDAQ:ACRX) is estimated to report quarterly loss at $0.06 per share on revenue of $550.00 thousand.

Flotek Industries's Earnings: A Preview

13 May 22

Flotek Industries (NYSE:FTK) is set to give its latest quarterly earnings report on Monday, 2022-05-16. Here's what investors need to know before the announcement. Analysts estimate that Flotek Industries will report an earnings per share (EPS) of $-0.06.

34 Stocks Moving in Wednesday's Pre-Market Session

11 May 22

Gainers Embark Technology, Inc. (NASDAQ: EMBK) rose 36.4% to $1.95 in pre-market trading. Embark Technology posted a Q1 loss of $0.04 per share.

Flotek Announces Shareholder Approval Of $2B+ Long Term Contract

10 May 22

83 Biggest Movers From Yesterday

6 May 22

Press releases

From Benzinga Pro

FLOTEK ANNOUNCES FIRST QUARTER 2022 RESULTS

16 May 22

HOUSTON, May 16, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced first quarter results for the three months ended March 31, 2022.

FLOTEK ANNOUNCES SHAREHOLDER APPROVAL OF $2 BILLION+ LONG TERM CONTRACT

10 May 22

HOUSTON, May 10, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK), a leader in technology-driven specialty green chemistry solutions, today announced that Flotek's

FLOTEK ANNOUNCES EARNINGS SCHEDULE FOR FIRST QUARTER 2022 RESULTS

9 May 22

HOUSTON, May 9, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced the Company's schedule for releasing its first quarter 2022 results for the three

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

Data from SEC filings

Securities sold

Number of investors

Calendar

16 May 22

17 May 22

31 Dec 22

Financial summary

Financial statements Chart FTK financial data

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

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

FTK insider ownership history Insider history

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

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q4 2021

FTK institutional ownership history Ownership history

33.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	44	45	-2.2%
Opened positions	12	4	+200.0%
Closed positions	13	10	+30.0%
Increased positions	9	10	-10.0%
Reduced positions	12	14	-14.3%

13F shares	Current	Prev Q	Change
Total value	40.03M	44.73M	-10.5%
Total shares	25.95M	28.86M	-10.1%
Total puts	130.5K	15.8K	+725.9%
Total calls	145.2K	39.7K	+265.7%
Total put/call ratio	0.9	0.4	+125.8%

Largest owners	Shares	Value	Change
North Sound Trading	7M	$15.75M	0.0%
Nierenberg Investment Management	4.84M	$5.47M	0.0%
Masters Capital Management	3M	$3.39M	0.0%
Vanguard	2.88M	$3.25M	-4.7%
Dimensional Fund Advisors	2.32M	$2.63M	-11.4%
BLK Blackrock	1.04M	$1.17M	+1.0%
Disciplined Growth Investors	788.8K	$891K	-43.2%
Needham Investment Management	600K	$678K	-60.0%
Light Sky Macro	514.33K	$581K	NEW
Geode Capital Management	513.71K	$580K	-3.3%

Largest transactions	Shares	Bought/sold	Change
D. E. Shaw & Co.	10.23K	-1.06M	-99.0%
Needham Investment Management	600K	-900K	-60.0%
Disciplined Growth Investors	788.8K	-598.87K	-43.2%
Light Sky Macro	514.33K	+514.33K	NEW
WFC Wells Fargo & Co.	111.05K	-318.36K	-74.1%
Dimensional Fund Advisors	2.32M	-300.27K	-11.4%
Bridgeway Capital Management	174.7K	-195.8K	-52.8%
Marshall Wace	160.1K	+160.1K	NEW
Two Sigma Advisers	0	-155.33K	EXIT
VIRT Virtu Financial	155.03K	+155.03K	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Bad

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From filing 10-Q 2022 Q1

Financial reports

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