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Flotek has recently entered into a transformational agreement with ProFrac Holdings. The company has a weak balance sheet, unprofitable income statement, and negative cash flows. The book value has been on a decline for years and the stock is trading at 6.8 times its book value. ...
Revenues are rising as industry conditions improve. Flotek reported a 6% year-over-year increase in revenues in the 2022 first quarter as drilling activity accelerated in February and March reaching the highest levels since the pandemic. Results were above our expectations for revenues of $11....
FLOTEK ANNOUNCES CLOSING OF AGREEMENT WITH PROFRAC PR Newswire HOUSTON , May 17, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK), a leader in technology-driven specialty green chemistry solutions, today announced that ...
Flotek Industries, Inc. (FTK) Q1 2022 Earnings Conference Call May 17, 2022, 10:00 AM ET Company Participants Bernie Colson - SVP, Corporate Development and Sustainability John Gibson - Chairman, President and CEO and President Nick Bigney - General Counsel and Chief Compliance Officer Ryan E...
Flotek press release (NYSE:FTK): Q1 GAAP EPS of -$0.15 misses by $0.11. Revenue of $12.9M (+9.6% Y/Y) beats by $1.1M. Adjusted EBITDA for the first quarter 2022 was a loss of $5.4M, a 5% improvement compared to a loss of $5.7M in the fourth quarter 2021. For further details see: Flotek ...
FLOTEK ANNOUNCES FIRST QUARTER 2022 RESULTS PR Newswire 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 . ...
Veru (VERU) +29% as FDA agrees data enough to file EUA for COVID drug sabizabulin. Desktop Metal (DM) +16% prices $100M convertible senior notes offering. Celsius Holdings (CELH) +14% on Q1 results. Borr Drilling (BORR) +10%. PLBY Group (PLBY) +11% on Q...
FLOTEK ANNOUNCES SHAREHOLDER APPROVAL OF $2 BILLION+ LONG TERM CONTRACT PR Newswire HOUSTON , May 10, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK), a leader in technology-driven specialty green chemistry solutions, ...
FLOTEK ANNOUNCES EARNINGS SCHEDULE FOR FIRST QUARTER 2022 RESULTS PR Newswire 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...
Gainers: Hudson Technologies (HDSN) +22%. Hycroft Mining Holding (HYMC) +19%. Dorian LPG (LPG) +10%. Valhi (VHI) +8%. Barnwell Industries (BRN) +8%. Losers: Flotek Industries (FTK) -20%. Intrepid Potash (IPI) -13%. TimkenSteel (TMST) -13%. Nine Energy Service (NINE) -12%. Laredo Pet...
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Flotek Announces Departure of Director David Nierenberg PR Newswire HOUSTON , May 24, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced that David Nierenberg is stepping down from his position as a member of ...
Flotek Announces First Quarter 2024 Results Reflecting Improved Profitability PR Newswire HOUSTON , May 7, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced operational and financial results for the quarter ended...
NEWPORT BEACH, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Gateway Group ("Gateway"), a leading financial communications and digital media ...