OverviewSuggest Edit

Chemical & Logistics division develops, manufactures and sells specialty chemicals used in oil and gas well stimulation, cementing and blending. Drilling Products division designs, manufactures, repairs, markets and installs downhole drilling tools utilized in oilfield, mining, and water industries. Artificial Lift division provides pumping system components including electric submersible pumps or ESPs, gas separators, production valves.
TypePublic
Founded1985
HQHouston, TX, US
Websiteflotekind.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Dec 2019)174(-50%)
Revenue (FY, 2020)$53.1 M(-55%)
Share Price (Nov 2021)$1(+5%)
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Flotek Industries

John W. Gibson

John W. Gibson

Chairman, CEO & President
Danielle Allen

Danielle Allen

Senior Vice President, Chief of Staff
Nick Bigney

Nick Bigney

Senior Vice President , General Counsel & Corporate Secretary
Michael E. Borton

Michael E. Borton

Chief Financial Officer
Ryan Ezell

Ryan Ezell

President, Chemistry Technologies
James Silas

James Silas

Senior Vice President, Research and Innovation
Show more

Flotek Industries Office Locations

Flotek Industries has an office in Houston
Houston, TX, US (HQ)
8846 North Sam Houston Pkwy W #150
Houston, TX, US
10603 West Sam Houston Pkwy N #300
Show all (2)

Flotek Industries Financials and Metrics

Flotek Industries Revenue

Flotek Industries's revenue was reported to be $53.14 m in FY, 2020
USD

Revenue (Q1, 2021)

11.8m

Net income (Q1, 2021)

(8.3m)

EBIT (Q1, 2021)

(8.2m)

Market capitalization (12-Nov-2021)

78.5m

Closing stock price (12-Nov-2021)

1.0

Cash (31-Mar-2021)

33.9m

EV

50.2m
Flotek Industries's current market capitalization is $78.5 m.
Annual
USDY, 2009Y, 2010Y, 2011FY, 2011Y, 2012FY, 2012Y, 2013FY, 2013FY, 2014Y, 2014Y, 2015FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

6.5m19.9m46.7m46.7m2.7m2.7m2.7m2.7m1.3m1.3m2.2m2.2m4.8m4.6m3.0m100.6m38.7m

Accounts Receivable

44.6m42.3m65.0m78.6m49.2m46.0m37.0m15.6m11.8m

Prepaid Expenses

1.9m4.7m4.3m11.1m7.5m9.3m5.8m

Inventories

37.9m45.2m63.1m86.0m85.5m58.3m75.8m27.3m21.7m11.8m
Show all financial metrics

Flotek Industries Operating Metrics

FY, 2016

Patents Issued

16

Patents Pending

72
Show all operating metrics

Flotek Industries Revenue Breakdown

Embed Graph

Flotek Industries revenue breakdown by business segment: 71.6% from Energy Chemistry Technologies and 28.4% from Consumer and Industrial Chemistry Technologies

Flotek Industries Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

Flotek Industries Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

30-39

out of 100

CSRHub logo

Flotek Industries Online and Social Media Presence

Embed Graph

Flotek Industries News and Updates

Flotek Industries, Inc. Enters Settlement Agreement to Resolve Lawsuit With Archer-Daniels-Midland

HOUSTON, Oct. 29, 2021 /PRNewswire/ -- Flotek Industries, Inc. (NYSE: FTK) today announced that it had entered into a settlement agreement to resolve its previously-disclosed litigation with Archer-Daniels-Midland and other related parties. Under the terms of the confidential settlement...

Thinking about buying stock in Cemtrex, Esports Entertainment, Caribou Biosciences, Flotek Industries, or SoFi Technologies?

NEW YORK, Oct. 14, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CETX, GMBL, CRBU, FTK, and SOFI. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Flotek Industries Announces Earnings Schedule For Q4 And Full-Year 2020 Results

HOUSTON, Feb. 18, 2021 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its fourth quarter 2020 results for the three months ended December 31, 2020. Earnings Schedule Announced for Q4 and Full-Year 2020...

Flotek Industries Announces Earnings Schedule For Q3 2020 Results

HOUSTON, Oct. 20, 2020 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its third quarter 2020 results for the three months ended September 30, 2020. Earnings Schedule Announced for Q3 2020 In a press...

Flotek Industries Regains Compliance With NYSE's Continued Listing Standard

HOUSTON, July 7, 2020 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced it has received written notice from the New York Stock Exchange (the "NYSE") that it has regained compliance with the NYSE's continued listing standards. The notification...

Flotek Industries Announces Earnings Schedule For First Quarter 2019 Results

HOUSTON, April 25, 2019 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) announced the Company's schedule for releasing its first quarter 2019 results for the three months ended March 31, 2019. Flotek will release its financial and operating results in a...
Show more

Flotek Industries Frequently Asked Questions

  • When was Flotek Industries founded?

    Flotek Industries was founded in 1985.

  • Who are Flotek Industries key executives?

    Flotek Industries's key executives are John W. Gibson, Danielle Allen and Nick Bigney.

  • How many employees does Flotek Industries have?

    Flotek Industries has 174 employees.

  • What is Flotek Industries revenue?

    Latest Flotek Industries annual revenue is $53.1 m.

  • What is Flotek Industries revenue per employee?

    Latest Flotek Industries revenue per employee is $305.4 k.

  • Who are Flotek Industries competitors?

    Competitors of Flotek Industries include Schoeller-Bleckmann Oilfield Equipment, Burcelik Vana and Tengizchevroil.

  • Where is Flotek Industries headquarters?

    Flotek Industries headquarters is located at 8846 North Sam Houston Pkwy W #150, Houston.

  • Where are Flotek Industries offices?

    Flotek Industries has an office in Houston.

  • How many offices does Flotek Industries have?

    Flotek Industries has 2 offices.