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Saturday, November 28, 2009, 6:21AM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
Flotek Industries Inc. (FTK)On Nov 27: 1.20  Down 0.02 (1.64%)  
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Flotek Industries Inc.
2930 West Sam Houston Parkway North
Suite 300
Houston, TX 77043
United States - Map
Phone: 713-849-9911
Web Site: http://www.flotekind.com

DETAILS 
Index Membership:N/A
Sector:Basic Materials
Industry:Specialty Chemicals
Full Time Employees:500

BUSINESS SUMMARY 
Flotek Industries, Inc. supplies drilling and production related products and services to the energy and mining industries in the United States and internationally. It operates in three segments: Chemicals and Logistics, Drilling Products, and Artificial Lift. The Chemicals and Logistics segment offers a range of oil gas field specialty chemicals used for drilling, cementing, stimulation, and production; designs, project manages, and operates automated bulk material handling and loading facilities for oilfield service companies; and develops, produces, and distributes specialty chemical products and services for drilling and production of natural gas. The Drilling Products segment manufactures, sells, rents, and inspects specialized equipment for use in drilling, completion, production, and workover activities. Its downhole drilling tools are used in the oilfield, mining, water-well, and industrial drilling sectors. The Artificial Lift segment provides artificial lift equipment, which includes the Petrovalve line pumping system components, including electric submersible pumps, gas separators, production valves, and services to support coal bed methane and traditional oil and gas production. The company sells its products primarily through its sales organizations, as well as through independent distributors and agents. Flotek Industries, Inc. is headquartered in Houston, Texas.
Key Statistics

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    CORPORATE GOVERNANCE 
    Flotek Industries Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 95% of CGQ Universe companies and 62.7% of Materials companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Jerry D. Dumas Sr., 74
    Chairman and Chief Exec. Officer
    $ 450.00K $ 4.50M
    Mr. John W. Chisholm , 54
    Interim Pres, Director, Chairman of Strategic Planning Committee and Member of Compensation Committee
    $ 62.00KN/A
    Mr. Jesse E. Neyman , 65
    Exec. VP of Fin. and Strategic Planning
    $ 180.00KN/A
    Mr. Steve A. Reeves , 58
    Exec. VP of Bus. Devel. & Special Projects
    $ 243.00KN/A
    Mr. Scott D. Stanton CPA,
    Principal Financial Officer and Chief Accounting Officer
    N/A N/A
    Dollar amounts are as of 31-Dec-08 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.
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