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Flotek Industries FTK · USD

Materials · US listing · 🇺🇸 United States

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25.98

+6.26%

Close of 9 Nov 2026, in USD

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About Flotek Industries

From its filings with the US Securities and Exchange Commission

SEC filings

Flotek Industries is based in Houston, Texas and is incorporated in Delaware. Its shares trade on NYSE under the ticker FTK. The SEC classifies its business as miscellaneous chemical products. In the fiscal year to 31 December 2025, it reported revenue of $237.3m and net income of $30.5m. At that date it held total assets of $220.0m and shareholders' equity of $113.1m. By region, U.S. accounted for 95.2%, followed by UAE at 4.2% and Other countries at 0.6%.

In its own words

Flotek strives to be the collaborative partner of choice for solutions that reduce the environmental impact of energy on air, water, land and people. An advanced technology-driven, chemical and data analytics company, Flotek seeks to provide unique and innovative solutions to its customers in both the domestic and international energy markets. The Company is committed to delivering products and services that endeavor to maximize customer returns by leveraging chemistry as the common value creation platform.

The Company’s Chemistry Technologies (“CT”) segment designs, develops, manufactures, packages, distributes and markets optimized chemistry solutions that we believe help customers improve their return on invested capital, lower operational costs and realize tangible environmental benefits aimed at enhancing the profitability of hydrocarbon producers.

The Company’s Data Analytics (“DA”) segment provides analytical measurement and digital solutions, including measure-and-control services, that deliver near real-time insights for process control across the oil and gas value chain and emerging applications in power and digital valuation. DA solutions help customers optimize performance, improve decision-making, and reduce emissions and carbon intensity.

Quoted from its 10-K, filed 16 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Materials
Industry
Chemicals
Listed since
10 Sept 1996
Employees
158
Head office
5775 N. SAM HOUSTON PARKWAY W., HOUSTON, TX, 77086
Incorporated in
DE
Classification
Miscellaneous Chemical Products
Filer status
Accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Mr. Harshavardhan AgadiNon-Executive Chairman of the Board, since 2020$239,500
  • Dr. Ryan EzellPresident, Chief Executive Officer, Director, since 2020$1.7m
  • Mr. J. Bond ClementChief Financial Officer$1.1m
  • Ms. Amy BlakewaySenior Vice President, General Counsel, Corporate Secretary$502,930
  • Mr. Matthew WilksDirector
  • Mr. Evan FarberIndependent Director$200,500
  • Mr. Michael FucciIndependent Director$210,500
  • Ms. Lisa MayrIndependent Director$214,500
  • Mr. Mike CritelliDirector of Finance and Investor Relations, since 2025

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
18
Environment
17
Social
12
Governance
25
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Headquartered in Houston, Texas with 158 employees
  • Operates through two segments: Energy Chemistry Technologies and Consumer and Industrial Chemistry Technologies
  • Develops and supplies chemistry for oil and gas industries and consumer markets

Weaknesses

  • IPO date is 1996-09-10, indicating a long-standing but potentially outdated business model
  • Website is http://www.flotekind.com/ which may not reflect current operations
  • Source description mentions 147 employees, conflicting with the provided 158 employees

Opportunities

  • Technology-driven approach in specialty chemistry and data services
  • Expansion into industrial, commercial, and consumer markets
  • Growth potential in oil and gas well drilling and completion activities

Threats

  • Untrusted source description may lead to inaccurate information about the company
  • Potential for outdated business model due to long IPO date
  • Conflicting employee count between source description and provided data

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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