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FTK

FTK - Flotek Industries Inc Stock Price, Fair Value and News

3.80USD+0.18 (+4.97%)Delayed

Market Summary

FTK
USD3.80+0.18
Delayed
4.97%

FTK Stock Price

View Fullscreen

FTK RSI Chart

FTK Valuation

Market Cap

112.7M

Price/Earnings (Trailing)

22.85

Price/Sales (Trailing)

0.62

EV/EBITDA

14.3

Price/Free Cashflow

-13.18

FTK Price/Sales (Trailing)

FTK Profitability

Operating Margin

-15.79%

EBT Margin

2.95%

Return on Equity

4.75%

Return on Assets

3.16%

Free Cashflow Yield

-7.59%

FTK Fundamentals

FTK Revenue

Revenue (TTM)

180.4M

Rev. Growth (Yr)

-15.9%

Rev. Growth (Qtr)

-4.3%

FTK Earnings

Earnings (TTM)

4.9M

Earnings Growth (Yr)

-92.68%

Earnings Growth (Qtr)

-25.76%

Breaking Down FTK Revenue

Last 7 days

9.8%

Last 30 days

10.1%

Last 90 days

25.8%

Trailing 12 Months

512.9%

How does FTK drawdown profile look like?

FTK Financial Health

Current Ratio

1.75

Debt/Equity

1e-4

Debt/Cashflow

-570

FTK Investor Care

Shares Dilution (1Y)

102.20%

Diluted EPS (TTM)

0.06

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024180.4M000
2023171.2M192.4M194.1M188.1M
202244.4M64.6M100.0M136.1M
202145.5M45.8M43.2M43.3M
202095.5M69.7M60.6M53.1M
2019180.0M175.1M143.3M119.4M
2018223.4M197.1M189.6M177.8M
2017259.8M261.6M258.4M243.1M
2016273.7M265.8M256.1M262.8M
2015406.7M373.3M330.6M270.0M
2014395.4M407.1M425.5M449.2M
2013311.9M327.2M346.9M371.1M
2012285.1M307.5M311.0M312.8M
2011171.5M196.3M231.3M258.8M
20100124.0M135.5M147.0M
2009000112.5M

Tracking the Latest Insider Buys and Sells of Flotek Industries Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 19, 2024
ezell ryan gillis
sold (taxes)
-6,826
3.46
-1,973
ceo
Mar 08, 2024
ezell ryan gillis
sold (taxes)
-3,986
2.79
-1,429
ceo
Dec 29, 2023
ezell ryan gillis
acquired
7,402
3.33
2,223
ceo
Dec 19, 2023
clement james bond
sold (taxes)
-21,551
3.83
-5,627
chief financial officer
Dec 14, 2023
nierenberg david
bought
44,446
3.72
11,948
-
Dec 14, 2023
nierenberg david
bought
25,240
3.72
6,785
-
Dec 14, 2023
nierenberg david
bought
2,782
3.72
748
-
Dec 13, 2023
nierenberg david
bought
71,694
3.53
20,310
-
Dec 13, 2023
nierenberg david
bought
4,490
3.53
1,272
-
Dec 13, 2023
nierenberg david
bought
40,722
3.53
11,536
-

1–10 of 50

Which funds bought or sold FTK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 15, 2024
STATE STREET CORP
unchanged
-
-6,915
143,672
-%
May 15, 2024
CITADEL ADVISORS LLC
added
134
104,099
188,238
-%
May 15, 2024
Royal Bank of Canada
reduced
-42.11
-
-
-%
May 15, 2024
MASTERS CAPITAL MANAGEMENT LLC
added
3.85
-17,386
1,870,000
0.07%
May 15, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
added
12.68
12,445
178,245
-%
May 15, 2024
Tower Research Capital LLC (TRC)
added
126
8,780
16,318
-%
May 15, 2024
Squarepoint Ops LLC
added
25.58
23,073
139,509
-%
May 15, 2024
Stone House Investment Management, LLC
unchanged
-
-60.00
1,249
-%
May 15, 2024
Caption Management, LLC
new
-
47,188
47,188
-%
May 15, 2024
AlTi Global, Inc.
unchanged
-
-4,650
96,619
-%

1–10 of 41

Are Funds Buying or Selling FTK?

Are funds buying FTK calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FTK
No. of Funds

Unveiling Flotek Industries Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Dec 19, 2023
nierenberg investment management company, inc.
1.5%
434,580
SC 13D/A
Jul 14, 2023
profrac holding corp.
54.5%
103,468,322
SC 13D/A
Jun 09, 2023
nierenberg investment management company, inc.
2.8%
2,436,303
SC 13D/A
Mar 02, 2023
profrac holding corp.
53.9%
88,904,715
SC 13D/A
Dec 28, 2022
north sound trading, lp
6.9%
5,573,036
SC 13D/A
Aug 29, 2022
profrac holdings, llc
50.7%
78,778,293
SC 13D/A
Jun 02, 2022
profrac holdings, llc
45.8%
64,626,974
SC 13D/A
Mar 23, 2022
nierenberg investment management company, inc.
3.1%
2,595,383
SC 13D/A
Mar 07, 2022
profrac holdings, llc
18.7%
18,380,242
SC 13D/A
Feb 14, 2022
profrac holdings, llc
18.7%
18,380,242
SC 13D

Recent SEC filings of Flotek Industries Inc

View All Filings
Date Filed Form Type Document
May 09, 2024
10-Q
Quarterly Report
May 07, 2024
8-K
Current Report
Apr 24, 2024
DEFA14A
DEFA14A
Apr 24, 2024
DEF 14A
DEF 14A
Apr 22, 2024
4
Insider Trading
Mar 28, 2024
11-K
Employee Benefit Details
Mar 15, 2024
10-K
Annual Report
Mar 12, 2024
8-K
Current Report
Mar 12, 2024
4
Insider Trading
Mar 11, 2024
3
Insider Trading

Peers (Alternatives to Flotek Industries Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
69.4B
3.8B
-4.37% 8.34%
16.01
18.27
-86.47% 12.21%
33.6B
23.1B
-0.37% 26.88%
12.92
1.45
6.71% 32.21%
MID-CAP
11.4B
8.1B
4.54% 95.93%
53.62
1.4
18.75% 572.06%
7.5B
8.8B
3.30% 25.61%
7.65
0.86
14.70% 198.19%
6.5B
3.7B
-4.71% 24.12%
17.98
1.75
-4.02% 100.20%
3.9B
4.6B
10.08% 85.95%
8.29
0.86
-1.29% -16.22%
3.2B
1.0B
8.02% 114.81%
24.95
3.13
17.17% 118.50%
SMALL-CAP
1.5B
2.3B
-6.84% 44.28%
6.15
0.63
2.36% 81.92%
681.3M
-
8.21% -15.05%
28.73
1.36
- -
662.9M
443.5M
-3.02% -19.45%
-30.56
1.49
19.98% -325.36%
344.8M
386.1M
17.68% 82.03%
-36.38
0.89
9.26% 57.09%
261.8M
701.7M
-21.46% -25.01%
10.22
0.37
0.29% 55.69%

Flotek Industries Inc News

Latest updates
MarketBeat • 46 hours ago
Yahoo Finance • 26 Apr 2024 • 07:00 am

Flotek Industries Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-4.3%40,374,00042,188,50047,268,00050,594,00048,007,00048,217,50045,623,00029,373,00012,879,00012,154,00010,179,0009,165,00011,770,00012,106,00012,739,0008,880,00019,416,00019,526,00021,879,00034,692,00043,256,000
Gross Profit-6.7%8,800,0009,431,0009,047,0003,904,0001,880,000-2,074,000-1,842,000-2,305,000-479,000-981,5006,157,000-1,610,000-310,000-104,246,000-------
Costs and Expenses-4.3%6,713,0007,011,0007,428,0003,232,000-16,631,00014,823,00014,437,000-10,344,0009,805,00015,402,0005,525,0005,851,0007,933,000-51,970,50058,333,00019,111,00089,501,00055,931,00033,665,00048,366,00056,891,000
Operating Expenses-------------------33,732,00048,551,00057,522,000
  S&GA Expenses-7.2%6,084,0006,557,5006,526,0008,351,0006,451,0006,164,5009,254,0006,821,0004,886,0005,788,0004,092,0004,203,0006,082,00010,195,5002,679,0005,395,0004,493,0008,955,0005,685,0006,054,0007,281,000
  R&D Expenses50.9%406,000269,000757,000860,000614,000885,000985,0001,115,0001,415,0001,306,0001,186,0001,466,0001,542,0001,540,0001,480,0001,638,0002,555,0002,205,0002,297,0002,076,0002,285,000
EBITDA Margin-72.5%0.040.150.05-0.05-0.01-0.25-0.34-0.26-0.71-0.68-0.71-1.67-1.74--------
Interest Expenses-13.1%278,000320,000160,000705,0001,672,0002,465,0002,321,0001,597,000668,00025,00018,00017,00018,00020,50019,00016,0004,0004,5001,00016,0001,998,000
Income Taxes369.9%242,00051,50081,0007,0009,000-123,0007,00098,000-4,000-70,0003,00021,0006,000103,000-81,000-32,000-6,169,000956,000-191,000-192,000-311,000
Earnings Before Taxes-16.3%1,804,0002,155,5001,368,000-14,00021,352,000-19,150,000-18,787,0006,338,000-10,728,000-16,259,000512,000-6,525,000-8,294,000-17,577,000-45,322,000-9,593,000-70,136,000-35,940,000-11,351,000-12,997,000-15,523,000
EBT Margin-77.7%0.030.130.02-0.09-0.06-0.31-0.39-0.31-0.74-0.71-0.74-1.70-1.78--------
Net Income-25.8%1,562,0002,104,0001,287,000-21,00021,343,000-19,027,000-18,794,0006,240,000-10,724,000-16,189,000509,000-6,546,000-8,300,000-17,680,000-45,241,000-9,561,000-63,967,000-39,321,000-11,043,000-14,413,00030,862,000
Net Income Margin-79.2%0.030.130.02-0.09-0.06-0.31-0.39-0.31-0.74-0.71-0.74-1.70-1.78--------
Free Cashflow289.7%3,887,000-2,049,000-7,014,000-3,374,0001,140,0002,534,000-23,251,000-15,441,000-8,474,000-7,561,000-7,037,000-5,977,000-5,265,000--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.1%15615815315816316516416372.0050.0065.0071.0079.0086.0098.00142137231248261273
  Current Assets2.4%78.0076.0073.0079.0082.0080.0083.0081.0058.0043.0046.0053.0060.0066.0079.00101126154166179193
    Cash Equivalents-9.1%5.006.004.009.0012.0012.009.0033.0025.0012.0021.0028.0034.0039.0049.0060.0080.0010110798.0097.00
  Inventory8.0%14.0013.0016.0018.0016.0016.0019.0013.0010.009.009.0011.0012.0012.0014.0023.0016.0023.0026.000.000.00
  Net PPE-----------------8.0040.0041.0042.0043.00
  Goodwill-----------8.008.008.008.008.0018.00-----
Liabilities-6.5%52.0056.0053.0060.0010616214412559.0030.0029.0038.0039.0039.0034.0033.0028.0059.0038.0042.0048.00
  Current Liabilities-6.3%45.0048.0045.0053.0099.0015113411549.0019.0018.0029.0030.0029.0024.0022.0018.0041.0019.0024.0029.00
  Long Term Debt-75.0%0.000.000.000.000.003.003.003.003.003.003.00-1.002.002.003.00-----
    LT Debt, Current----------1.001.005.005.004.003.003.00-----
    LT Debt, Non Current-100.0%-0.000.000.000.003.003.003.003.003.003.00-1.002.002.003.00-----
Shareholder's Equity1.9%10410210098.0057.003.0020.0039.0013.0020.0035.0034.0040.0047.0064.00109109172210220233
  Retained Earnings0.5%-325-326-328-330-330-351-332-313-319-309-293-293-286-278-261-215-206-142-102-91.87-77.46
  Additional Paid-In Capital0.1%463463463463422388387386367363362361361360359358348348346345344
Shares Outstanding0.0%30.0030.0030.0025.0015.0013.0012.0012.0012.0012.0012.0012.0011.00--------
Float----63.00---76.00---128---88.00---151-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations289.7%3,887-2,049-7,014-3,3741,1402,534-23,251-15,441-8,474-7,561-7,037-5,977-5,265-8,743-9,879-5,439-23,777-5,0846,8831,872-8,216
  Share Based Compensation0%311311271276-1,1121,0636718527391,0479609727788366871,0594621,4061,1601,213456
Cashflow From Investing68.9%-152-489-233-135-1571,291-1494,16524.0069.00-60.00-17.00-566-711-19,7463,322-5601,910-422151,785
Cashflow From Financing-210.2%-4,4114,0032,813-70.00-81868.00-1,23219,43819,99379.00-178-192-81.00-1,202-94.004,770253-11431.00-49.00-49,862
  Buy Backs----------326--38.0013041.0037.0045.00----
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FTK Income Statement

2024-03-31
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:  
Total revenues$ 40,374$ 48,007
Cost of sales31,55346,127
Gross profit8,8211,880
Operating costs and expenses:  
Selling, general, and administrative6,0846,451
Depreciation220176
Research and development406614
Severance costs32,223
Gain in fair value of Contract Consideration Convertible Notes Payable0(26,095)
Total operating costs and expenses6,713(16,631)
Income from operations2,10818,511
Other income (expense):  
Paycheck protection plan loan forgiveness04,522
Interest expense(278)(1,672)
Other expense, net(26)(9)
Total other income (expense)(304)2,841
Income before income taxes1,80421,352
Income tax expense(242)(9)
Net income$ 1,562$ 21,343
Income (loss) per common share (As adjusted, see Note 14):  
Basic (in dollars per share)$ 0.05$ 1.30
Diluted (in dollars per share)$ 0.05$ (0.12)
Weighted average common shares (As adjusted, see Note 14):  
Weighted average common shares used in computing basic income (loss) per common share (in shares)29,43116,468
Weighted average common shares used in computing diluted income (loss) per common share (in shares)30,31626,462
Nonrelated Party  
Revenue:  
Total revenues$ 13,180$ 11,652
Cost of sales12,95211,196
Related Party  
Revenue:  
Total revenues$ 27,194$ 36,355

FTK Balance Sheet

2024-03-31
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 5,219$ 5,851
Restricted cash100102
Inventories, net13,87112,838
Other current assets2,6863,564
Current contract assets7,0195,836
Total current assets78,26876,447
Long-term contract assets66,36968,820
Property and equipment, net5,0615,129
Operating lease right-of-use assets4,3365,030
Deferred tax assets, net91300
Other long-term assets1,7251,787
TOTAL ASSETS155,850157,513
Current liabilities:  
Accounts payable35,95231,705
Accrued liabilities3,3655,890
Income taxes payable7845
Current portion of operating lease liabilities2,0832,449
Current portion of finance lease liabilities1322
Asset-based loan3,1117,492
Current portion of long-term debt179179
Total current liabilities44,78147,782
Deferred revenue, long-term3535
Long-term operating lease liabilities7,1217,676
Long-term debt1560
TOTAL LIABILITIES51,95255,553
Stockholders’ equity:  
Preferred stock, $0.0001 par value, 100,000 shares authorized; no shares issued and outstanding00
Common stock, $0.0001 par value, 240,000,000 shares authorized; 30,772,837 shares issued and 29,661,130 shares outstanding at March 31, 2024; 30,772,837 shares issued and 29,664,130 shares outstanding at December 31, 2023 (As adjusted, see Note 13)33
Additional paid-in capital (As adjusted, see Note 13)463,484463,140
Accumulated other comprehensive income169127
Accumulated deficit(325,244)(326,806)
Treasury stock, at cost; 1,111,707 and 1,108,707 shares at March 31, 2024 and December 31, 2023, respectively (As adjusted, see Note 13)(34,514)(34,504)
Total stockholders’ equity103,898101,960
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY155,850157,513
Third Party  
Current assets:  
Accounts receivable10,71813,687
Related Party  
Current assets:  
Accounts receivable$ 38,655$ 34,569
FTK
Flotek Industries, Inc. operates as a technology-driven chemistry and data company that serves customers across industrial, commercial, and consumer markets in the United States, the United Arab Emirates, and internationally. It operates in two segments, Chemistry Technologies (CT) and Data Analytics (DA). The CT segment designs, develops, manufactures, packages, distributes, delivers, and markets green specialty chemicals that enhance the profitability of hydrocarbon producers, as well as green specialty chemistries and logistics and technology services. This segment primarily serves integrated oil and gas, oilfield services, independent oil and gas, national and state-owned oil, geothermal energy, solar energy, and alternative energy companies. The DA segment designs, develops, produces, sells, and supports equipment and services that create and provide valuable information on the composition and properties of energy customers' hydrocarbon fluids. It sells its products directly through a mix of in-house sales professionals, as well as contractual agency agreements. The company was incorporated in 1985 and is headquartered in Houston, Texas.
 CEO
 WEBSITEflotekind.com
 INDUSTRYOil - Services
 EMPLOYEES146

Flotek Industries Inc Frequently Asked Questions


What is the ticker symbol for Flotek Industries Inc? What does FTK stand for in stocks?

FTK is the stock ticker symbol of Flotek Industries Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Flotek Industries Inc (FTK)?

As of Fri May 17 2024, market cap of Flotek Industries Inc is 112.7 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FTK stock?

You can check FTK's fair value in chart for subscribers.

What is the fair value of FTK stock?

You can check FTK's fair value in chart for subscribers. The fair value of Flotek Industries Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Flotek Industries Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FTK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Flotek Industries Inc a good stock to buy?

The fair value guage provides a quick view whether FTK is over valued or under valued. Whether Flotek Industries Inc is cheap or expensive depends on the assumptions which impact Flotek Industries Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FTK.

What is Flotek Industries Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, FTK's PE ratio (Price to Earnings) is 22.85 and Price to Sales (PS) ratio is 0.62. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FTK PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Flotek Industries Inc's stock?

In the past 10 years, Flotek Industries Inc has provided -0.178 (multiply by 100 for percentage) rate of return.