|Bid||3.2900 x 1300|
|Ask||3.3000 x 800|
|Day's Range||3.2750 - 3.4300|
|52 Week Range||0.9500 - 5.0700|
|Beta (3Y Monthly)||4.66|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 7, 2019 - May 13, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.00|
The fundamentals for the energy market are extremely strong with the ability to stir up every kind of ETFs & stocks in the sector.
HOUSTON, April 3, 2019 /PRNewswire/ -- Flotek Industries, Inc. (FTK) ("Flotek" or the "Company") has published a new investor presentation, which Chief Executive Officer, President & Chairman of the Board John W. Chisholm will present at the 25th Annual Oil & Gas Investment Symposium (OGIS) hosted by Independent Petroleum Association of America (IPAA). The presentation will occur on Monday, April 8, 2019, at 3:35 p.m. ET and will be webcast live on Flotek's website. The presentation contains important information regarding the Company's business post-closing of the previously announced sale of its Florida Chemical subsidiary and reflects its latest full-year 2018 earnings report period.
The changes are part of an agreement Flotek reached with an investor that owns about 2.8 percent of the company.
Archer Daniels (ADM) gains from its strategic initiatives such as cost savings, management of business portfolio and Project Readiness.
HOUSTON, March 20, 2019 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (FTK) today announced that as part of its ongoing commitment to strong corporate governance, the Board has decided to separate the role of Chairman and Chief Executive Officer effective as of the 2019 Annual Meeting. John W. Chisholm will remain as the President and CEO of Flotek. In connection with separating the roles of Chairman of the Board and CEO, the Board has determined to elect David Nierenberg as Chairman of the Board effective as of the 2019 Annual Meeting.
Archer Daniels (ADM) to buy Europe-based Ziegler Group to bolster its natural citrus flavor portfolio. This follows the recent buyout of Florida Chemical based in the United States.
Flotek Industries Inc develops and supplies chemistry and services to the oil and gas industries, and high value compounds to companies that make cleaning products, cosmetics, food and beverages and other products. Warning! GuruFocus has detected 1 Warning Sign with FTK. For the last quarter Flotek Industries Inc reported a revenue of $71.0 million, compared with the revenue of $79.46 million during the same period a year ago.
-- Recent Sale of Florida Chemical Provides Significant Increase in Financial Flexibility -- HOUSTON , March 6, 2019 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") ...
Archer Daniels (ADM) has acquired Florida Chemical's Consumer and Industrial Chemistry Technologies segment for $175 million in cash.
HOUSTON, March 1, 2019 /PRNewswire/ -- Flotek Industries, Inc. (FTK) ("Flotek" or the "Company") today announced the completion of the sale of Florida Chemical Company, LLC ("FCC" or "Florida Chemical"), its Consumer and Industrial Chemistry Technologies segment, to Archer Daniels Midland Company (ADM) ("ADM"). Under the previously disclosed terms of the transaction, ADM purchased FCC for $175 million in cash, subject to post-closing working capital and other adjustments. Additionally, Flotek and ADM have entered into long-term reciprocal supply agreements.
In 2012 John Chisholm was appointed CEO of Flotek Industries, Inc. (NYSE:FTK). First, this article will compare CEO compensation with compensation at similar sized companies. Next, we'll consider growth thatRead More...
NEW YORK, Feb. 22, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
HOUSTON, Feb. 14, 2019 /PRNewswire/ -- Flotek Industries, Inc. (FTK) ("Flotek" or the "Company") today announced its earnings schedule for its fourth quarter 2018 results and membership of its Strategic Capital Committee (the "Committee"). Flotek will release its fourth quarter 2018 financial and operating results for the three months ended December 31, 2018, as well as full-year results for 2018, in a press release after the market close on March 6, 2019. Flotek will host its earnings conference call on Thursday, March 7, 2019 at 9:00 a.m. CST (10:00 a.m. EST).
Archer Daniels (ADM) gains from its strategic efforts, including cost-savings plan, Project Readiness and management of business portfolio.
Archer Daniels (ADM) agrees to buy FCC to reinforce its nutrition space with citrus flavors in a cash deal of $175 million.
shares jumped more that 90% Friday after the Houston-based chemical and services provider for the oil and gas industry announced that it was selling its consumer and industrial chemistry technologies segment to Archer Daniels Midland Co. Flotek will sell its Florida Chemical business to the global food processor for $175 million in cash. In addition to Florida Chemical changing hands, the two companies also agreed to a long-term reciprocal supply agreement in which Flotek will continue to supply Florida Chemical with the flavoring agent D-limonene.
HOUSTON, Jan. 11, 2019 /PRNewswire/ -- Flotek Industries, Inc. (FTK) ("Flotek") today announced it has entered into a definitive agreement to sell Florida Chemical Company, LLC ("FCC" or "Florida Chemical"), its Consumer and Industrial Chemistry Technologies segment, to Archer Daniels Midland Company (ADM) ("ADM") for total consideration of $175 million in cash, subject to post-closing working capital and other adjustments. With this transaction, Flotek has established itself as a leading specialty chemistry provider of custom, full-fluid solutions to the upstream oil and gas industry.
TechnipFMC (FTI) will provide engineering, procurement, fabrication, transportation & installation services for Saudi Aramco's offshore prospects, per its long-term Offshore Agreement with the latter.
Houston-based Flotek Industries Inc. (NYSE: FTK), which makes chemicals used by the energy industry, has named Elizabeth Wilkinson as CFO, effective Dec. 28. Wilkinson will oversee the company’s financial strategy, planning and reporting, as well as investor relations, treasury and corporate development functions, according to a Dec. 27 press release. Meanwhile, Matt Marietta will leave Flotek on Dec. 31. H. Richard Walton also is stepping down from the role of chief accounting officer on Dec. 31, but he will remain with Flotek as a consultant to help with the leadership transition as needed.
HOUSTON, Dec. 27, 2018 /PRNewswire/ --Flotek Industries, Inc. ("Flotek" or the "Company") (FTK) announces changes among its executive leadership team. Flotek is pleased to announce Elizabeth T. Wilkinson has been appointed as Chief Financial Officer (CFO) of Flotek Industries, effective December 28, 2018. In this role, she will serve as the senior executive responsible for the Company's financial strategy, planning and reporting, as well as investor relations, treasury and corporate development functions.
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be remiss not to mention that insider sales have Read More...
While small-cap stocks, such as Flotek Industries Inc (NYSE:FTK) with its market cap of US$99m, are popular for their explosive growth, investors should also be aware of their balance sheet Read More...