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FTS International

OverviewSuggest Edit

FTS International provides oil and natural gas well stimulation services to the exploration and production companies operating in the United States. The Сompany offers well completion services, including pressure pumping, wireline, and reservoir optimization technologies; and high-pressure hydraulic fracturing services.
TypePublic
Founded2002
HQFort Worth, TX, USMap
Websiteftsi.com
Employee Ratings3.3More
View Jobs (33)

Recent NewsAll News

Latest Updates

Employees (est.) (Feb 2019)2,400
Job Openings33
Revenue (FY, 2019)$776.6 M(-49%)
Share Price (Apr 2021)$25.4
Cybersecurity ratingAMore

Key People/Management at FTS International

Michael J. Doss

Michael J. Doss

CEO & Director
Lance Turner

Lance Turner

CFO
Buddy Petersen

Buddy Petersen

Chief Operating Officer
Karen D. Thornton

Karen D. Thornton

Chief Administrative Officer
Jennifer L. Keefe

Jennifer L. Keefe

Senior Vice President, General Counsel and Chief Compliance Officer
Show more

FTS International Office Locations

FTS International has offices in Fort Worth, Canonsburg, Elk City, Hobbs and in 8 other locations
Fort Worth, TX, US (HQ)
777 Main St
Canonsburg, PA, US
6000 Town Center Blvd #120
Elk City, OK, US
906 S Eastern Ave
Hobbs, NM, US
9725 N Denver City Hwy
Houston, TX, US
4321 West Sam Houston Pkwy N #180
Midland, TX, US
4000 N Big Spring St #109
Show all (12)

FTS International Financials and Metrics

FTS International Revenue

FTS International's revenue was reported to be $776.6 m in FY, 2019
USD

Revenue (Q3, 2020)

32.1m

Net income (Q3, 2020)

(68.7m)

EBIT (Q3, 2020)

(47.6m)

Market capitalization (6-Apr-2021)

355.1m

Closing stock price (6-Apr-2021)

25.4

Cash (31-Dec-2020)

59.6m

EV

298.8m
FTS International's current market capitalization is $355.1 m.
Annual
USDFY, 2018FY, 2019

Revenue

1.5b776.6m

Cost of goods sold

1.0b

Gross profit

510.1m

Gross profit Margin, %

33%
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

467.5m493.3m334.4m222.5m186.0m151.5m29.5m32.1m

Cost of goods sold

312.2m329.4m222.2m163.1m

Gross profit

155.3m163.9m112.2m59.4m

Gross profit Margin, %

33%33%34%27%
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

177.8m223.0m59.6m

Accounts Receivable

158.3m77.0m26.9m

Prepaid Expenses

7.0m7.0m19.5m

Inventories

45.5m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

155.5m126.3m167.2m172.1m162.1m204.2m199.2m192.5m144.5m

Accounts Receivable

263.2m285.8m215.0m150.6m141.6m119.5m78.6m20.8m28.6m

Prepaid Expenses

8.8m9.4m7.7m5.9m14.3m11.9m15.0m5.8m20.3m

Inventories

53.3m61.6m67.5m67.6m59.5m48.3m43.6m35.6m
show all
Annual
USDFY, 2018FY, 2019

Net Income

(72.9m)

Depreciation and Amortization

84.7m90.0m

Inventories

(22.6m)19.0m

Accounts Payable

(27.7m)(47.3m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

78.7m182.3m231.9m(55.0m)(49.1m)(59.9m)(11.7m)(62.4m)(131.1m)

Depreciation and Amortization

20.6m41.3m62.4m22.4m45.2m67.9m21.4m41.6m59.4m

Inventories

(9.1m)(17.3m)(23.3m)(1.7m)5.6m16.8m1.8m4.8m

Accounts Payable

28.7m25.0m(11.3m)(11.3m)(12.3m)(28.5m)16.2m(21.3m)(20.9m)
show all
USDQ1, 2018

Revenue/Employee

194.8k

Financial Leverage

-10 x
Show all financial metrics

FTS International Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

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FTS International Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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FTS International Online and Social Media Presence

FTS International's Trends

Embed Graph

FTS International News and Updates

March 29, 2019

Hagens Berman Alerts FTS International (NYSE: FTSI) Investors to Securities Class Action

SAN FRANCISCO, March 29, 2019 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP alerts investors in FTS International Inc. (NYSE: FTSI) to the securities class action pending in the Dallas County, Texas District Court. If you purchased or otherwise acquired FTS International securities and...
January 24, 2019

Scott+Scott Attorneys at Law LLP Announces Investigation into FTS International, Inc. (FTSI)

NEW YORK, Jan. 24, 2019 /PRNewswire/ -- Scott+Scott Attorneys at Law LLP ("Scott+Scott"), a national shareholder and consumer rights litigation firm, is investigating whether FTS International, Inc. ("FTSI" or the "Company") (NYSE: FTSI) or certain of its officers and directors violated...
June 23, 2018

FTS International - Adding On The Dip

May 01, 2018

FTS International's (FTSI) CEO Michael Doss on Q1 2018 Results - Earnings Call Transcript

 FTS International Frequently Asked Questions

  • When was FTS International founded?

    FTS International was founded in 2002.

  • Who are FTS International key executives?

    FTS International's key executives are Michael J. Doss, Lance Turner and Buddy Petersen.

  • How many employees does FTS International have?

    FTS International has 2,400 employees.

  • What is FTS International revenue?

    Latest FTS International annual revenue is $776.6 m.

  • What is FTS International revenue per employee?

    Latest FTS International revenue per employee is $323.6 k.

  • Who are FTS International competitors?

    Competitors of FTS International include NexTier Oilfield Solutions, Select Energy Services and Newpark Resources.

  • Where is FTS International headquarters?

    FTS International headquarters is located at 777 Main St, Fort Worth.

  • Where are FTS International offices?

    FTS International has offices in Fort Worth, Canonsburg, Elk City, Hobbs and in 8 other locations.

  • How many offices does FTS International have?

    FTS International has 12 offices.