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    Flotek Industries Inc. (FTK)

    -NYSE
    12.70 Up 0.58(4.79%) 4:02PM EDT
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    Flotek Industries Inc.
    10603 West Sam Houston Parkway North
    Suite 300
    Houston, TX 77064
    United States - Map
    Phone: 713-849-9911
    Website: http://www.flotekind.com

    Details 
    Index Membership:N/A
    Sector:Basic Materials
    Industry:Oil & Gas Equipment & Services
    Full Time Employees:534

    Business Summary 

    Flotek Industries, Inc. develops and supplies oilfield products, services, and equipment to the oil, gas, and mining industries in the United States and internationally. The company’s Energy Chemistry Technologies segment designs, develops, manufactures, packages, and markets chemistries under the Complex nano-Fluid brand for use in oil and gas well drilling, cementing, completion, stimulation, and production activities, as well as for use in enhanced and improved oil recovery markets. This segment also constructs and manages automated material handling facilities; and manages loading facilities and blending operations for oilfield services companies. Its Consumer and Industrial Chemistry Technologies segment designs, develops, processes, manufactures, and sells citrus oils for food and beverage companies, fragrance companies, and companies providing household and industrial cleaning products, as well as for use in the oil and gas industry. The company’s Drilling Technologies segment inspects, manufactures, sells, markets, and rents down-hole drilling equipment that are used in energy, mining, and industrial drilling activities through direct and agent-based sales. This segment also rents stabilizers, drill collars, reamers, wipers, jars, shock subs, wireless survey, measurement while drilling tools, Stemulator tools, and mud-motors; and sells mining equipment, cementing accessories, and drilling motor components. Its Production Technologies segment assembles and markets the Petrovalve product line of rod pump components, hydraulic pumping units, electric submersible pumps, gas separators, valves, and services that support natural gas and oil production activities. The company also provides reservoir engineering and modeling services for various hydrocarbon applications. It also serves pressure pumping service, supply chain management, cosmetic, and national and state-owned oil companies. The company is headquartered in Houston, Texas.

    Key Statistics


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    Corporate Governance 
    Flotek Industries Inc.’s ISS Governance QuickScore as of May 1, 2016 is 2. The pillar scores are Audit: 10; Board: 1; Shareholder Rights: 1; Compensation: 4.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
     PayExercised
    Mr. John W. Chisholm , 61
    Chairman, Chief Exec. Officer and Pres
    1.07M8.19M
    Mr. Robert M. Schmitz , 61
    Chief Financial Officer and Exec. VP
    380.00K0.00
    Mr. Steven A. Reeves , 65
    Exec. VP of Operations
    554.00K0.00
    Mr. Joshua A. Snively Sr., 52
    Exec. VP of Research & Innovation and Pres of Florida Chemical Company Inc
    485.00K0.00
    Mr. H. Richard Walton , 67
    Chief Financial Officer Emeritus
    434.00K0.00
    Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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