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Flotek Industries Inc (FTK.N)

FTK.N on New York Stock Exchange

6.32USD
20 Apr 2018
Change (% chg)

$-0.31 (-4.68%)
Prev Close
$6.63
Open
$6.60
Day's High
$6.60
Day's Low
$6.26
Volume
252,702
Avg. Vol
266,800
52-wk High
$12.52
52-wk Low
$4.14

Latest Key Developments (Source: Significant Developments)

Flotek Industries Provides Q4 And Operational Update
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Flotek Industries Inc ::FLOTEK INDUSTRIES - PROVIDED UPDATE ON CO'S COST REDUCTION PROGRAM & GUIDANCE OF PROFITABILITY REGARDING ITS RESULTS FOR 3 MONTHS-ENDED DEC 31, 2017.FLOTEK INDUSTRIES INC - EXPECTS REVENUE IN ENERGY CHEMISTRY TECHNOLOGIES SEGMENT TO BE IN $54 MILLION - $56 MILLION RANGE FOR 3 MONTHS-ENDED DEC 31, 2017.FLOTEK INDUSTRIES - EXPECTS REVENUE IN CONSUMER & INDUSTRIAL CHEMISTRY TECHNOLOGIES SEGMENT TO BE IN $17 MILLION - $18 MILLION RANGE FOR 3 MONTHS-ENDED DEC 31, 2017.FLOTEK INDUSTRIES INC - "WE WILL CONTINUE TO IDENTIFY FURTHER AREAS OF COST CONTROLS IN COMING MONTHS".FLOTEK INDUSTRIES INC - EXPECT TO GENERATE POSITIVE OPERATING INCOME, EXCLUDING ANY POTENTIAL ONE-TIME CHARGES, IN QUARTER.FLOTEK INDUSTRIES INC - DO ANTICIPATE TAX CONSEQUENCE IN DEFERRED TAX ASSET AS A RESULT OF RECENT CHANGES TO U.S. CORPORATE TAX RATE TO 21 PERCENT.  Full Article

Flotek Industries reports qtrly ‍loss per share of $0.06​
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Flotek Industries Inc ::Qtrly ‍loss per share $0.06​.Quarterly revenue declined 6.7 percent sequentially to $79.5 million and increased 23.5 percent year-over-year​."Hurricane Irma has impacted our outlook for declining raw material pricing in near term, and into 2018"​.  Full Article

Flotek Industries files for resale of 2.7 million shares
Friday, 12 Aug 2016 

Flotek Industries Inc :Flotek Industries Inc files for resale of 2.7 mln shares of co's common stock that may be offered and sold by selling stockholders - SEC FILING.  Full Article

Flotek Industries says it has sold $30.7 million in equity financing
Monday, 8 Aug 2016 

Flotek Industries Inc : Says it has sold $30.7 million in equity financing - SEC Filing Source - http://bit.ly/2aVSLnE Further company coverage: [FTK.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Flotek Industries to acquire International Polymerics Inc
Wednesday, 27 Jul 2016 

Flotek Industries Inc : Flotek announces acquisition of International Polymerics Inc, adding to speciality chemistry business and enabling further prescriptive chemistry management™ opportunities . Flotek will pay about $7.9 million in cash and issue about 248,000 shares of common stock as consideration . Included in assets will be about $1.2 million in working capital . Donald Bramblett will remain president of IPI . Acquisition will be treated as an asset purchase for income taxation purposes . Deal for consideration consisting of cash and Flotek common stock .Deal scheduled to close coincident with execution of stock purchase agreement, will become part of company's energy chemistry reporting segment.  Full Article

Flotek industries Q2 revenue $72.3 mln
Wednesday, 27 Jul 2016 

Flotek Industries Inc : Revenue for Q2 2016 was $72.3 million, slightly higher than Q1 . Q2 earnings per share view $-0.10, revenue view $65.0 million -- Thomson Reuters I/B/E/S .For quarter ended June 30, 2016, company reported a net loss of $2.3 million or $0.04 per common share.  Full Article

BRIEF-Flotek Announces Leadership Changes

* FLOTEK INDUSTRIES - MATTHEW MARIETTA PROMOTED TO EXECUTIVE VICE PRESIDENT OF FINANCE & CORPORATE DEVELOPMENT, TO SERVE AS PRINCIPAL FINANCIAL OFFICER Source text for Eikon: Further company coverage: