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    Flotek Industries Inc. (FTK)

    20.70 Up 0.40(1.97%) 4:03PM 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

    Index Membership:N/A
    Sector:Basic Materials
    Industry:Oil & Gas Equipment & Services
    Full Time Employees:561

    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. 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, 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 for 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, stemulator tools, and mud-motors; and sells equipment comprising mining equipment, cementing accessories, and drilling motor components. The company’s Production Technologies segment assembles and markets production-related 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 and oil production activities. Flotek Industries, Inc. also serves oil and natural gas, pressure pumping service, international supply chain management, national and state-owned oil, and food manufacturing companies. The company is headquartered in Houston, Texas.

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    Corporate Governance 
    Flotek Industries Inc.’s ISS Governance QuickScore as of Sep 1, 2015 is 1. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 1; Compensation: 5.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. John W. Chisholm , 60
    Chairman, Chief Exec. Officer and Pres
    Mr. Steven A. Reeves , 64
    Exec. VP of Operations
    Mr. Joshua A. Snively Sr., 51
    Exec. VP of Chemistry Research and Pres of Florida Chemical
    Mr. H. Richard Walton , 66
    Chief Financial Officer Emeritus
    Mr. Robert Schmitz ,
    Chief Financial Officer and Exec. VP
    Dr. Glenn S. Penny Ph.D., 65
    Director of Technology
    Amounts are as of Dec 31, 2014 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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