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Flotek Industries Inc. (FTK)

31.58 Down 0.36(1.13%) 2:33PM EDT - NYSE Real Time Price
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Flotek Industries Inc.
2930 West Sam Houston Parkway North
Suite 300
Houston, TX 77064
United States - Map
Phone: 713-849-9911

Index Membership:N/A
Sector:Basic Materials
Industry:Specialty Chemicals
Full Time Employees:487

Business Summary 

Flotek Industries, Inc. develops and supplies drilling, completion, and production technologies and related services in the United States and internationally. Its Energy Chemical Technologies segment designs, develops, manufactures, packages, and markets specialty chemicals used in oil and gas well drilling, cementing, completion, stimulation and production. This segment also constructs and manages automated material handling facilities; and manages loading facilities and blending operations for oilfield services companies. The company’s Consumer and Industrial Chemicals Technologies segment develops, manufactures, and processes citrus oil products for the flavor and fragrance industry and specialty chemical industry, as well as for beverage and food companies, and companies providing household and industrial cleaning products. Its Drilling Technologies segment manufactures, sells, rents, and inspects down-hole drilling equipment used in energy, mining, water well, and industrial drilling activities, as well as provides specialized equipment used in drilling, completion, production, and work-over activities. This segment also rents tools, such as stabilizers, drill collars, reamers, wipers, jars, shock subs, wireless survey, measurement while drilling tools, and mud-motors; and sells equipment comprising mining equipment, cementing accessories, and drilling motor components. The company’s Artificial Lift Technologies segment assembles and markets artificial lift equipment, including the Petrovalve product line of rod pump components, electric submersible pumps, gas separators, and valves, as well as provides services that support natural gas, oil, and coal bed methane production activities. It serves oil field service providers, pressure-pumping service companies, onshore and offshore drilling contractors, and state-owned oil companies, as well as oil and gas exploration and production companies. Flotek Industries, Inc. is headquartered in Houston, Texas.

Key Statistics

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Corporate Governance 
Flotek Industries Inc.’s ISS Governance QuickScore as of Jul 1, 2014 is 9. The pillar scores are Audit: 5; Board: 9; Shareholder Rights: 3; Compensation: 10.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. John W. Chisholm , 59
Chairman, Chief Exec. Officer and Pres
Mr. H. Richard Walton , 65
Chief Financial Officer, Chief Accounting Officer and Exec. VP
Mr. Steven A. Reeves , 63
Exec. VP of Operations
Mr. Joshua A. Snively Sr., 50
Exec. VP of Chemistry Research and Pres of Florida Chemical
Mr. Marc Kevin Fisher , 57
Amounts are as of Dec 31, 2013 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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