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FTK

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

3.46USD0.00 (0.00%)Delayed as of 24 Apr 2024, 02:46 pm ET

Market Summary

FTK
USD3.460.00
Delayedas of 24 Apr 2024, 02:46 pm
0.00%

FTK Stock Price

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FTK RSI Chart

FTK Valuation

Market Cap

102.6M

Price/Earnings (Trailing)

4.15

Price/Sales (Trailing)

0.55

EV/EBITDA

3.4

Price/Free Cashflow

-9.08

FTK Price/Sales (Trailing)

FTK Profitability

Operating Margin

-11.09%

EBT Margin

13.22%

Return on Equity

24.24%

Return on Assets

15.69%

Free Cashflow Yield

-11.01%

FTK Fundamentals

FTK Revenue

Revenue (TTM)

188.1M

Rev. Growth (Yr)

-12.5%

Rev. Growth (Qtr)

-10.75%

FTK Earnings

Earnings (TTM)

24.7M

Earnings Growth (Yr)

111.06%

Earnings Growth (Qtr)

63.48%

Breaking Down FTK Revenue

52 Week Range

3.46
(Low)(High)

Last 7 days

-0.6%

Last 30 days

-1.1%

Last 90 days

13.4%

Trailing 12 Months

427.3%

How does FTK drawdown profile look like?

FTK Financial Health

Current Ratio

1.6

Debt/Equity

6e-4

Debt/Cashflow

-188.28

FTK Investor Care

Shares Dilution (1Y)

129.63%

Diluted EPS (TTM)

-0.11

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
Apr 11, 2024
SANDERS MORRIS HARRIS LLC
new
-
222,863
222,863
0.04%
Apr 09, 2024
MATHER GROUP, LLC.
new
-
2,223
2,223
-%
Mar 11, 2024
VANGUARD GROUP INC
added
3.43
-183,471
1,981,760
-%
Feb 14, 2024
MILLENNIUM MANAGEMENT LLC
sold off
-100
-81,539
-
-%
Feb 14, 2024
CITADEL ADVISORS LLC
added
88.78
33,770
84,139
-%
Feb 14, 2024
Royal Bank of Canada
unchanged
-
-
-
-%
Feb 14, 2024
DISCIPLINED GROWTH INVESTORS INC /MN
sold off
-100
-547,763
-
-%
Feb 14, 2024
MASTERS CAPITAL MANAGEMENT LLC
added
44.44
410,708
1,887,390
0.08%
Feb 14, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
added
1.63
-18,563
165,800
-%

1–10 of 43

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
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
70.7B
33.1B
-8.22% -1.33%
16.83
2.13
17.96% 22.15%
34.3B
23.0B
0.49% 11.92%
12.99
1.49
13.41% 67.65%
MID-CAP
11.2B
7.8B
2.14% 89.71%
199.02
1.43
16.77% 152.43%
7.4B
8.6B
-1.36% 0.27%
7.48
0.87
18.60% 536.86%
6.7B
3.8B
2.03% 27.36%
21.33
1.78
-1.25% 100.96%
3.8B
4.6B
11.37% 65.08%
7.98
0.83
-1.29% -16.22%
3.1B
990.3M
3.05% 98.80%
29.7
3.15
17.12% 137.04%
SMALL-CAP
1.6B
2.3B
1.54% 38.23%
6.5
0.69
8.66% 93.36%
681.3M
-
2.04% -22.82%
28.73
1.36
- -
669.7M
424.1M
-21.00% -31.42%
1.1K
1.58
17.17% 137.19%
344.8M
386.1M
17.68% 82.03%
-36.38
0.89
9.26% 57.09%
331.2M
719.2M
-10.48% -18.86%
12.61
0.46
9.95% 114.41%

Flotek Industries Inc News

Latest updates
Yahoo Canada Shine On • 22 Apr 2024 • 06:18 pm
MarketBeat • 15 Apr 2024 • 01:47 pm
Seeking Alpha • 13 Mar 2024 • 07:00 am
InvestorsObserver • 13 Mar 2024 • 07:00 am
Houston Chronicle • 12 Mar 2024 • 07:00 am
Simply Wall St • 09 Mar 2024 • 08:00 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-10.7%42,188,50047,268,00050,594,00048,007,00048,217,50045,623,00029,373,00012,879,00012,154,00010,179,0009,165,00011,770,00012,106,00012,739,0008,880,00019,416,00019,526,00021,879,00034,692,00043,256,00043,449,000
Gross Profit4.2%9,431,0009,047,0003,904,0001,880,000-2,074,000-1,842,000-2,305,000-479,000-981,5006,157,000-1,610,000-310,000-104,246,000--------
Costs and Expenses-5.6%7,011,0007,428,0003,232,000-16,631,00014,823,00014,437,000-10,344,0009,805,00015,402,0005,525,0005,851,0007,933,000-51,970,50058,333,00019,111,00089,501,00055,931,00033,665,00048,366,00056,891,000-
Operating Expenses------------------33,732,00048,551,00057,522,000-
  S&GA Expenses0.5%6,557,5006,526,0008,351,0006,451,0006,164,5009,254,0006,821,0004,886,0005,788,0004,092,0004,203,0006,082,00010,195,5002,679,0005,395,0004,493,0008,955,0005,685,0006,054,0007,281,0006,833,000
  R&D Expenses-64.5%269,000757,000860,000614,000885,000985,0001,115,0001,415,0001,306,0001,186,0001,466,0001,542,0001,540,0001,480,0001,638,0002,555,0002,205,0002,297,0002,076,0002,285,0002,302,500
EBITDA Margin216.8%0.150.05-0.05-0.01-0.25-0.34-0.26-0.71-0.68-0.71-1.67-1.74-2.62--------
Interest Expenses100.0%320,000160,000705,0001,672,0002,465,0002,321,0001,597,000668,00025,00018,00017,00018,00020,50019,00016,0004,0004,5001,00016,0001,998,000964,000
Income Taxes-36.4%51,50081,0007,0009,000-123,0007,00098,000-4,000-70,0003,00021,0006,000103,000-81,000-32,000-6,169,000956,000-191,000-192,000-311,000-22,725,000
Earnings Before Taxes57.6%2,155,5001,368,000-14,00021,352,000-19,150,000-18,787,0006,338,000-10,728,000-16,259,000512,000-6,525,000-8,294,000-17,577,000-45,322,000-9,593,000-70,136,000-35,940,000-11,351,000-12,997,000-15,523,000-12,771,000
EBT Margin621.5%0.130.02-0.09-0.06-0.31-0.39-0.31-0.74-0.71-0.74-1.70-1.78-2.68--------
Net Income63.5%2,104,0001,287,000-21,00021,343,000-19,027,000-18,794,0006,240,000-10,724,000-16,189,000509,000-6,546,000-8,300,000-17,680,000-45,241,000-9,561,000-63,967,000-39,321,000-11,043,000-14,413,00030,862,0008,558,000
Net Income Margin612.0%0.130.02-0.09-0.06-0.31-0.39-0.31-0.74-0.71-0.74-1.70-1.78-2.57--------
Free Cashflow70.8%-2,049,000-7,014,000-3,374,0001,140,0002,534,000-23,251,000-15,441,000-8,474,000-7,561,000-7,037,000-5,977,000-5,265,000-8,743,000--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets3.3%15815315816316516416372.0050.0065.0071.0079.0086.0098.00142137231248261273286
  Current Assets4.4%76.0073.0079.0082.0080.0083.0081.0058.0043.0046.0053.0060.0066.0079.00101126154166179193195
    Cash Equivalents31.4%6.004.009.0012.0012.009.0033.0025.0012.0021.0028.0034.0039.0049.0060.0080.0010110798.0097.003.00
  Inventory-19.2%13.0016.0018.0016.0016.0019.0013.0010.009.009.0011.0012.0012.0014.0023.0016.0023.0026.000.000.0027.00
  Net PPE----------------8.0040.0041.0042.0043.0045.00
  Goodwill----------8.008.008.008.008.0018.00------
Liabilities5.0%56.0053.0060.0010616214412559.0030.0029.0038.0039.0039.0034.0033.0028.0059.0038.0042.0048.0084.00
  Current Liabilities5.6%48.0045.0053.0099.0015113411549.0019.0018.0029.0030.0029.0024.0022.0018.0041.0019.0024.0029.0084.00
  Long Term Debt-42.3%0.000.000.000.003.003.003.003.003.003.00-1.002.002.003.00------
    LT Debt, Current---------1.001.005.005.004.003.003.00-----50.00
    LT Debt, Non Current-42.3%0.000.000.000.003.003.003.003.003.003.00-1.002.002.003.00------
Shareholder's Equity2.4%10210098.0057.003.0020.0039.0013.0020.0035.0034.0040.0047.0064.00109109172210220233202
  Retained Earnings0.6%-326-328-330-330-351-332-313-319-309-293-293-286-278-261-215-206-142-102-91.87-77.46-108
  Additional Paid-In Capital0.1%463463463422388387386367363362361361360359358348348346345344344
Shares Outstanding0.1%30.0030.0025.0015.0013.0012.0012.0012.0012.0012.0012.0011.0012.00--------
Minority Interest----------------------
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations70.8%-2,049-7,014-3,3741,1402,534-23,251-15,441-8,474-7,561-7,037-5,977-5,265-8,743-9,879-5,439-23,777-5,0846,8831,872-8,2163,965
  Share Based Compensation14.8%311271276-1,1121,0636718527391,0479609727788366871,0594621,4061,1601,213456456
Cashflow From Investing-109.9%-489-233-135-1571,291-1494,16524.0069.00-60.00-17.00-566-711-19,7463,322-5601,910-422151,7851,296
Cashflow From Financing42.3%4,0032,813-70.00-81868.00-1,23219,43819,99379.00-178-192-81.00-1,202-94.004,770253-11431.00-49.00-49,862-3,767
  Buy Backs---------326--38.0013041.0037.0045.00-----

FTK Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenue:  
Total revenues$ 188,058$ 136,092
Cost of sales163,795142,792
Gross profit (loss)24,263(6,700)
Operating costs and expenses:  
Selling, general, and administrative27,87327,124
Depreciation734734
Research and development2,4864,438
Severance costs(46)0
Gain on disposal of property and equipment(38)(2,916)
Gain on lease termination0(584)
Gain in fair value of Contract Consideration Convertible Notes Payable(29,969)(75)
Total operating costs and expenses1,04028,721
Income (loss) from operations23,223(35,421)
Other income (expense):  
Paycheck protection plan loan forgiveness4,5220
Interest expense(2,857)(7,051)
Other income, net(26)145
Total other income (expense)1,639(6,906)
Income (loss) before income taxes24,862(42,327)
Income tax (expense) benefit(149)22
Net income (loss)$ 24,713$ (42,305)
Income (loss) per common share (As adjusted, see Notes 13 and 15):  
Basic (in dollars per share)$ 1.00$ (3.41)
Diluted (in dollars per share)$ (0.10)$ (3.41)
Weighted average common shares (As adjusted see Notes 13 and 15):  
Weighted average common shares used in computing basic income (loss) per common share (in shares)24,83012,404
Weighted average common shares used in computing diluted income (loss) per common share (in shares)28,37712,404
Nonrelated Party  
Revenue:  
Total revenues$ 66,518$ 54,344
Cost of sales64,49856,844
Related Party  
Revenue:  
Total revenues121,54081,748
Cost of sales$ 99,297$ 85,948

FTK Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 5,851$ 12,290
Restricted cash102100
Inventories, net12,83815,720
Other current assets3,5643,032
Current contract assets5,8367,113
Total current assets76,44780,074
Long-term contract assets68,82072,576
Property and equipment, net5,1294,826
Operating lease right-of-use assets5,0305,900
Deferred tax assets, net300404
Other long-term assets1,7871,030
TOTAL ASSETS157,513164,810
Current liabilities:  
Accounts payable31,70533,375
Accrued liabilities5,8908,984
Income taxes payable4597
Interest payable0130
Current portion of operating lease liabilities2,4493,328
Current portion of finance lease liabilities2236
Asset-based loan7,4920
Current portion of long-term debt1792,052
Convertible notes payable019,799
Contract consideration convertible notes payable083,570
Total current liabilities47,782151,371
Deferred revenue, long-term3544
Long-term operating lease liabilities7,6768,044
Long-term finance lease liabilities019
Long-term debt602,736
TOTAL LIABILITIES55,553162,214
Stockholders’ equity:  
Preferred stock, $0.0001 par value, 100,000 shares authorized; no shares issued and outstanding00
Common stock, $0.0001 par value, 240,000,000 shares authorized; 30,772,837 shares issued and 29,664,130 shares outstanding at December 31, 2023; 13,985,986 shares issued and 12,964,732 shares outstanding at December 31, 2022 (As adjusted, see Note 13)31
Additional paid-in capital (As adjusted, see Note 13)463,140388,184
Accumulated other comprehensive income127181
Accumulated deficit(326,806)(351,519)
Treasury stock, at cost; 1,108,707 and 1,021,255 shares at December 31, 2023 and December 31, 2022, respectively (As adjusted, see Note 13)(34,504)(34,251)
Total stockholders’ equity101,9602,596
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY157,513164,810
Nonrelated Party  
Current assets:  
Accounts receivable13,68719,136
Related Party  
Current assets:  
Accounts receivable$ 34,569$ 22,683
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 Tue Apr 23 2024, market cap of Flotek Industries Inc is 102.63 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 Tue Apr 23 2024, FTK's PE ratio (Price to Earnings) is 4.15 and Price to Sales (PS) ratio is 0.55. 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 -0.192 (multiply by 100 for percentage) rate of return.