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Flotek Industries, Inc. (FTK)

NYSE - Nasdaq Real Time Price. Currency in USD
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1.0700+0.0200 (+1.90%)
As of 2:34PM EDT. Market open.
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Flotek Industries, Inc.

8846 North Sam Houston Pkwy West
Suite 150
Houston, TX 77064
United States
713 849 9911
http://www.flotekind.com

Sector(s)Energy
IndustryOil & Gas Equipment & Services
Full Time Employees147

Key Executives

NameTitlePayExercisedYear Born
Mr. John Willis Gibson Jr., B.Sc., BSc Geology, M.Sc., MSc GeologyChairman, CEO & Pres438.93kN/A1958
Mr. Michael E. BortonChief Financial Officer358.71kN/A1960
Dr. Glenn S. Penny Ph.D.Director of TechnologyN/AN/A1950
Mr. Nicholas J. BigneySr. VP, Gen. Counsel & Chief Compliance OfficerN/AN/A1978
Dr. James A. SilasSr. VP of Research & Innovation - Flotek ChemistryN/AN/A1975
Mr. Ryan Gillis Ezell Ph.D.Pres of Chemistry TechnologiesN/AN/A1979
James DixsonSr. VP of the Analysis & Data DivisionN/AN/AN/A
Mr. TengBeng KoidPres of Global Bus.N/AN/A1964
Ms. Sally CheadleVP and Corp. ControllerN/AN/AN/A
Amounts are as of December 31, 2020 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.

Description

Flotek Industries, Inc. operates as a technology-driven chemistry and data company that serves customers across industrial, commercial, and consumer markets in the United States, the United Arab Emirates, and internationally. It operates in two segments, Chemistry Technologies and Data Analytics. The Chemistry Technologies segment designs, develops, manufactures, packages, distributes, delivers, and markets reservoir-centric fluid systems, including specialty and conventional chemistries, for use in oil and gas well drilling, cementing, completion, remediation, and stimulation activities designed to maximize recovery in new and mature fields, as well as to reduce health and environmental risk by using greener chemicals. This segment serves integrated oil and gas, oilfield services, independent oil and gas, international supply chain management, and national and state-owned oil companies. The Data Analytics segment designs, develops, produces, sells, and supports equipment and services that create and provide valuable real time information about the composition and properties for customers' oil, natural gas, and refined products. This segment sells Verax analyzers, deployed in the field across the oil and gas sector, to support contracts and software services via its cloud-based Viper software platform, as well as sells hardware-related solutions. It sells its products directly through its sales force and contractual agency arrangements. The company was incorporated in 1985 and is headquartered in Houston, Texas.

Corporate Governance

Flotek Industries, Inc.’s ISS Governance QualityScore as of September 26, 2021 is 6. The pillar scores are Audit: 10; Board: 4; Shareholder Rights: 2; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.
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