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.
Company profile
Ticker
FTK
Exchange
Website
CEO
John Gibson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Cabot • Versum Materials • GlyEco • Flexible Solutions International • CuraScientific • Manuka • P.V. Nano Cell • EnerTeck • Ener-Core • Atotech ...
SEC CIK
Corporate docs
Subsidiaries
Flotek Chemistry, LLC • Oklahoma Limited Liability Company • Flotek Paymaster, Inc. • Texas Corporation ...
IRS number
900023731
FTK stock data
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
16 Aug 24
10-Q
2024 Q2
Quarterly report
8 Aug 24
8-K
Flotek Announces Increased 2024 Guidance and Continued Profitability Growth in Connection with Second Quarter 2024 Results
6 Aug 24
S-8
Registration of securities for employees
11 Jun 24
8-K
Submission of Matters to a Vote of Security Holders
5 Jun 24
DEFA14A
Additional proxy soliciting materials
24 May 24
8-K
Departure of Directors or Certain Officers
24 May 24
10-Q
2024 Q1
Quarterly report
9 May 24
8-K
Flotek Announces First Quarter 2024 Results Reflecting Improved Profitability
7 May 24
DEFA14A
Additional proxy soliciting materials
24 Apr 24
Transcripts
FTK
Earnings call transcript
2024 Q2
7 Aug 24
FTK
Earnings call transcript
2024 Q1
8 May 24
FTK
Earnings call transcript
2023 Q4
13 Mar 24
FTK
Earnings call transcript
2023 Q3
8 Nov 23
FTK
Earnings call transcript
2023 Q2
9 Aug 23
FTK
Earnings call transcript
2023 Q2
9 Aug 23
FTK
Earnings call transcript
2023 Q1
9 May 23
FTK
Earnings call transcript
2022 Q4
21 Mar 23
FTK
Earnings call transcript
2022 Q3
9 Nov 22
FTK
Earnings call transcript
2022 Q2
10 Aug 22
Latest ownership filings
4/A
Ryan Gillis Ezell
22 Jul 24
4
Lisa Mayr
5 Jun 24
4
Evan R Farber
5 Jun 24
4
Harshavardhan V Agadi
5 Jun 24
4
Michael Fucci
5 Jun 24
4
Ryan Gillis Ezell
22 Apr 24
11-K
Annual report of employee stock purchases
28 Mar 24
4
Ryan Gillis Ezell
12 Mar 24
3
Amy E. Blakeway
11 Mar 24
4
Ryan Gillis Ezell
11 Jan 24
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 4.88 mm | 4.88 mm | 4.88 mm | 4.88 mm | 4.88 mm | 4.88 mm |
Cash burn (monthly) | 147.00 k | 338.67 k | (no burn) | (no burn) | 1.02 mm | 686.33 k |
Cash used (since last report) | 551.99 k | 1.27 mm | n/a | n/a | 3.83 mm | 2.58 mm |
Cash remaining | 4.33 mm | 3.61 mm | n/a | n/a | 1.05 mm | 2.30 mm |
Runway (months of cash) | 29.4 | 10.6 | n/a | n/a | 1.0 | 3.4 |
Institutional ownership, Q2 2024
13F holders | Current |
---|---|
Total holders | 35 |
Opened positions | 30 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 16.33 bn |
Total shares | 191.13 mm |
Total puts | 1.70 k |
Total calls | 35.60 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
ACDC ProFrac Holding | 103.47 mm | $72.78 mm |
ProFrac | 78.78 mm | $86.66 mm |
North Sound Trading | 5.57 mm | $0.00 |
Nierenberg Investment Management | 1.25 mm | $6.13 bn |
Vanguard | 661.63 k | $3.25 bn |
Masters Capital Management | 475.00 k | $2.33 bn |
BLK BlackRock | 175.11 k | $859.77 mm |
Geode Capital Management | 142.99 k | $702.23 mm |
Segment Wealth Management | 61.42 k | $301.57 mm |
Bridgeway Capital Management | 57.66 k | $283.11 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 Jun 24 | Michael Fucci | Common Shares | Grant | Acquire A | No | No | 0 | 22,173 | 0.00 | 76,750 |
5 Jun 24 | Agadi Harshavardhan V | Common Shares | Grant | Acquire A | No | No | 0 | 22,173 | 0.00 | 257,827 |
5 Jun 24 | Evan R Farber | Common Shares | Grant | Acquire A | No | No | 0 | 22,173 | 0.00 | 54,501 |
5 Jun 24 | Lisa Mayr | Common Shares | Grant | Acquire A | No | No | 0 | 22,173 | 0.00 | 66,641 |
19 Apr 24 | Ryan Gillis Ezell | Common Shares | Payment of exercise | Dispose F | No | No | 3.46 | 1,973 | 6.83 k | 102,471 |
Press releases
Flotek Announces Timing of Third Quarter 2024 Earnings Release
7 Oct 24
Flotek to Present at the 2024 Gateway Conference on September 4, 2024
27 Aug 24
EnerCom's 29th Annual Energy Investment Conference is Set to be Held August 18-21, 2024 in Denver, Colorado
12 Aug 24
Flotek Announces Increased 2024 Guidance and Continued Profitability Growth in Connection with Second Quarter 2024 Results
6 Aug 24
Investor One-on-One Meeting Requests Open for 29th Annual EnerCom Denver - The Energy Investment Conference, to be held August 18-21, 2024 in Denver, Colorado
29 Jul 24