Flotek Industries, Inc. is a technology-driven, specialty chemistry and data company that serves customers across industrial, commercial and consumer markets. Flotek's Chemistry Technologies segment develops, manufactures, packages, distributes, delivers, and markets high-quality sanitizers and disinfectants for commercial, governmental and personal consumer use. Additionally, Flotek empowers the energy industry to maximize the value of their hydrocarbon streams and improve return on invested capital through its real-time data platforms and chemistry technologies. Flotek serves downstream, midstream and upstream customers, both domestic and international.
Company profile
Ticker
FTK
Exchange
Website
CEO
John Gibson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
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)
10-K
2022 FY
Annual report
22 Mar 23
8-K/A
Financial Statements and Exhibits
21 Mar 23
8-K
Results of Operations and Financial Condition
21 Mar 23
8-K
Entry into a Material Definitive Agreement
6 Feb 23
8-K
Regulation FD Disclosure
26 Jan 23
8-K
Flotek Announces Leadership Transitions, Marking the Beginning of a New Chapter of Future Growth and Profitability
19 Jan 23
8-K
Entry into a Material Definitive Agreement
11 Jan 23
8-K
Regulation FD Disclosure
6 Jan 23
8-K
Departure of Directors or Certain Officers
19 Dec 22
10-Q
2022 Q3
Quarterly report
9 Nov 22
Transcripts
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
FTK
Earnings call transcript
2022 Q1
17 May 22
FTK
Earnings call transcript
2021 Q4
31 Mar 22
FTK
Earnings call transcript
2021 Q3
9 Nov 21
FTK
Earnings call transcript
2021 Q2
10 Aug 21
FTK
Earnings call transcript
2021 Q1
11 May 21
FTK
Earnings call transcript
2020 Q4
17 Mar 21
FTK
Earnings call transcript
2020 Q3
17 Nov 20
Latest ownership filings
4
Ryan Gillis Ezell
21 Mar 23
4
Ryan Gillis Ezell
10 Mar 23
4
Ryan Gillis Ezell
10 Mar 23
SC 13D/A
ProFrac Holding Corp.
2 Mar 23
4
Change in insider ownership
2 Mar 23
4
Nicholas J. Bigney
6 Feb 23
4
David Nierenberg
24 Jan 23
4
Harshavardhan V Agadi
20 Jan 23
4
JOHN W GIBSON JR
3 Jan 23
SC 13D/A
North Sound Trading, LP
28 Dec 22
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Revenue | |||||
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| 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) | 12.39 mm | 12.39 mm | 12.39 mm | 12.39 mm | 12.39 mm | 12.39 mm |
| Cash burn (monthly) | (no burn) | 77.83 k | 6.38 mm | 3.39 mm | (no burn) | 3.72 mm |
| Cash used (since last report) | n/a | 214.48 k | 17.59 mm | 9.33 mm | n/a | 10.25 mm |
| Cash remaining | n/a | 12.18 mm | -5.20 mm | 3.06 mm | n/a | 2.14 mm |
| Runway (months of cash) | n/a | 156.4 | -0.8 | 0.9 | n/a | 0.6 |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 3 |
| Opened positions | 1 |
| Closed positions | 45 |
| Increased positions | 0 |
| Reduced positions | 1 |
| 13F shares | Current |
|---|---|
| Total value | 188.01 mm |
| Total shares | 173.26 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| ACDC ProFrac Holding | 88.90 mm | $101.35 mm |
| ProFrac | 78.78 mm | $86.66 mm |
| North Sound Trading | 5.57 mm | $0.00 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 8 Mar 23 | Ryan Gillis Ezell | Common Shares | Payment of exercise | Dispose F | No | No | 1.07 | 8,570 | 9.17 k | 404,588 |
| 3 Mar 23 | Ryan Gillis Ezell | Common Shares | Payment of exercise | Dispose F | No | No | 1.2 | 10,134 | 12.16 k | 404,588 |
| 3 Mar 23 | Ryan Gillis Ezell | Common Shares | Payment of exercise | Dispose F | No | No | 1.2 | 33,948 | 40.74 k | 509,635 |
| 3 Mar 23 | Ryan Gillis Ezell | Common Shares | Grant | Acquire A | No | No | 1.2 | 62,096 | 74.52 k | 543,583 |
| 3 Mar 23 | Ryan Gillis Ezell | Common Shares | Grant | Acquire A | No | No | 1.2 | 76,899 | 92.28 k | 481,487 |
| 3 Feb 23 | Nicholas J. Bigney | Common Stock | Payment of exercise | Dispose F | No | No | 1.18 | 2,472 | 2.92 k | 283,755 |
| 20 Jan 23 | Agadi Harshavardhan V | Common Shares | Grant | Acquire A | No | No | 0 | 109,489 | 0.00 | 376,928 |
Press releases
ROBUST REVENUE GROWTH HIGHLIGHTS FLOTEK'S 2022 FINANCIAL RESULTS
20 Mar 23
FLOTEK ANNOUNCES TIMING OF FOURTH QUARTER AND FULL YEAR 2022 FINANCIAL RESULTS RELEASE
6 Mar 23
Flotek Announces Leadership Transitions, Marking the Beginning of a New Chapter of Future Growth and Profitability
19 Jan 23
FLOTEK TO PRESENT AT THE EMERGING GROWTH CONFERENCE ON WEDNESDAY JANUARY 11, 2023
5 Jan 23