Workflow
Flotek(FTK)
icon
Search documents
Flotek(FTK) - 2024 Q4 - Annual Results
2025-01-30 21:04
(State or Other Jurisdiction of UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 January 30, 2025 Date of Report (Date of earliest event reported) Flotek Industries, Inc. (Exact name of registrant as specified in its charter) Delaware 001-13270 90-0023731 (Commission File Number) (IRS Employer Identification No.) Incorporation) 5775 N. Sam Houston Parkway W., Suite 400 Houston, TX, 77086 (Ad ...
Flotek Industries Announces Timing of Fourth Quarter and Full-Year 2024 Earnings Release; Expects Strongest Quarterly Results of 2024
Prnewswire· 2025-01-30 21:02
Financial Results and Announcement - Flotek Industries will release its fourth quarter and full-year 2024 financial and operating results after market close on March 10, 2025 [1][2] - The earnings conference call is scheduled for March 11, 2025, at 9:00 a.m. CST [2] - Participants can access the call via Flotek's website, toll-free telephone, or a provided webcast link [3] - A recording of the call will be available on the Company's website post-conference [3] Company Performance and Strategy - The fourth quarter of 2024 is expected to be the strongest in terms of net income and adjusted EBITDA compared to previous quarters in 2024 [2] - The Company attributes its financial and operational improvements to employee efforts and the execution of its corporate strategy, which focuses on innovative data and chemical solutions [2] Company Overview - Flotek Industries is a chemistry and data technology company specializing in the Energy industry [5] - The Company leverages near real-time data to deliver innovative solutions aimed at maximizing customer returns [5] - Flotek holds over 130 patents and has more than 20 years of field and laboratory data [5] - The Company operates globally in over 59 countries [5] Partnerships and Sustainability - Flotek has established collaborative partnerships focused on sustainable and optimized chemistry and data solutions [6] - These partnerships aim to reduce the environmental impact of energy on land, air, water, and people [6] Non-GAAP Financial Measures - Adjusted EBITDA is a non-GAAP financial measure, and reconciliations to net income are provided in the Company's quarterly earnings releases [4]
Is Flotek Industries Still a Buy After Surging 161% in a Year?
ZACKS· 2025-01-06 14:36
Flotek Industries (FTK) is making waves with its EPA-approved JP3 VeraCal analyzer, a cutting-edge tool for flare monitoring. As regulatory pressures to curb emissions tighten, this approval positions Flotek at the forefront of environmental compliance solutions. The analyzer's ability to measure gas composition in real time fits well with the industry’s move toward more sustainable practices. This innovation creates a significant growth avenue, especially as international markets like Latin America and the ...
Here's Why Momentum in Flotek Industries (FTK) Should Keep going
ZACKS· 2024-12-30 14:50
While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...
FLOTEK PROVIDES UPDATE ON PROPOSED AMENDMENTS TO EPA FLARE MONITORING REGULATIONS
Prnewswire· 2024-12-30 13:00
HOUSTON, Dec. 30, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today provided an update regarding flare monitoring regulations issued by the Environmental Protection Agency ("EPA"). On December 20, 2024, the EPA issued proposed amendments to its New Source Performance Standards and Emission Guidelines for Existing Sources for the Crude Oil and Natural Gas Source Category ("OOOOb") rules issued on May 8, 2024, with respect to monitoring the Net Heating Value ("NHV") of ...
3 Top Small-Cap Value Stocks for Energy Rebound in 2025
ZACKS· 2024-12-26 15:16
For Wall Street, 2024 has been a story of triumph, fueled by robust economic growth and easing inflation. The S&P 500 has surged 29.5% year to date, reaching record highs over 50 times.Amid this bullish wave, the Oil/Energy sector has struggled, delivering just 4.4% in total returns — far below the broader market’s performance. Yet, this underperformance offers a unique opportunity. Several oil stocks appear poised for a rebound in 2025, making this an opportune moment for investors to fortify their energy ...
What Makes Flotek Industries (FTK) a Strong Momentum Stock: Buy Now?
ZACKS· 2024-11-27 18:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
What Makes Flotek Industries (FTK) a Good Fit for 'Trend Investing'
ZACKS· 2024-11-26 14:50
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- ...
Flotek Industries (FTK) Is Up 0.60% in One Week: What You Should Know
ZACKS· 2024-11-11 18:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Here's Why 'Trend' Investors Would Love Betting on Flotek Industries (FTK)
ZACKS· 2024-11-08 14:56
While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...