2 Followers USX:FTK - Flotek Industries Inc Flotek Industries Inc
Sector: Energy, Industry: Oil & Gas Equipment & Services
Next Earnings: 8 May 2024
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USD 3.48    +0.02 (+0.58%)

24 Apr 2024


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General

CEO: Dr. Ryan Gillis Ezell Ph.D.

IPO: 2005-07-27

Headquarters: US

Employees: 146

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Description

Flotek Industries Inc is a technology-driven company focused on reducing the environmental impact of energy operations. Its Chemistry Technologies segment develops green specialty chemicals to enhance the profitability of hydrocarbon producers, catering to major players in the oil and gas industry. These chemicals improve operational efficiency and sustainability throughout the well life cycle. The Data Analytics segment provides real-time analytics for hydrocarbon streams, enabling users to optimize processes and increase profitability by reducing waste and reprocessing. Flotek's revenue primarily comes from its Chemistry segment, reflecting its commitment to providing solutions for environmental improvement in the energy sector.

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