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Press Releases

Find up-to-date Flotek business and financial news.

Flotek Announces Timing of Third Quarter 2024 Earnings Release

HOUSTON, October 7, 2024 - Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced the Company’s schedule for releasing its third quarter 2024 financial and operating results for the period ended September 30, 2024. The Company plans to issue its third quarter 2024 financial and operating results press release after market close on Monday, November 4, 2024, and host its earnings conference call on Tuesday, November 5, 2024, at 9:00 a.m. CST (10:00 a.m. EST). Participants may access the call through Flotek’s website at www.flotekind.com under “News” within the Investor Relations section, by telephone toll free at 1-800-836-8184…

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Flotek Reports Second Quarter 2024 Financial Results

HOUSTON, August 6, 2024 - Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced operational and financial results for the quarter ended June 30, 2024, highlighted by significant improvement in profitability metrics as compared to the second quarter of 2023. Due to the strong business performance in the first half of the year, the Company increased its 2024 profitability guidance.

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FLOTEK’S JP3 ANALYZER RECEIVES EPA APPROVAL FOR OIL AND GAS FLARE MONITORING REGULATIONS

HOUSTON, July 16, 2024 – Flotek Industries’ (NYSE: FTK) wholly owned subsidiary JP3 Measurement, a leader in innovative analytical measurement solutions, today announced that the Environmental Protection Agency (EPA) has designated the JP3 system as an approved measurement technology with respect to recently enacted flare regulations. This state-of-the-art optical instrument, designed for the precise measurement of net heating values (NHV) in flare gases, is the first to be approved as an alternative method under the new NSPS OOOOb regulations, supporting cleaner and more efficient operations across the oil and gas industry. JP3’s technology utilizes advanced Near InfraRed (NIR) Spectroscopy to…

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Flotek Announces Timing of Second Quarter 2024 Earnings Release and Participation in EnerCom Denver – The Energy Investment Conference

HOUSTON, July 9, 2024 - Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced the Company’s schedule for releasing its second quarter 2024 financial and operating results for the period ended June 30, 2024. The Company plans to release its second quarter 2024 financial and operating results press release after market close on Tuesday, August 6, 2024, and host its earnings conference call on Wednesday, August 7, 2024, at 9:00 a.m. CST (10:00 a.m. EST). To participate in the earnings conference call, participants should access the webcast on www.flotekind.com under the Investor Relations section,dial toll free at 1-800-836-8184 (international toll:…

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Flotek Set to Join the Russell Microcap® Index

HOUSTON, June 11, 2024 - Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) announced today that the company is set to join the Russell Microcap® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1, 2024. The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization. Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell…

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Flotek Enhances Executive Leadership Team With Addition of Leon Chad as Senior Vice President, Commercial

HOUSTON, June 10, 2024 - Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced that it has appointed Leon Chad as Senior Vice President, Commercial, effective June 3, 2024. This appointment serves as the replacement for the Company’s Senior Vice President- Global Business Lines who departed in March 2024. With over three decades of both domestic and international experience in the energy and chemistry industries, Mr. Chad brings invaluable expertise that will further enhance the Company’s strategy to drive market share gains through its differentiated chemistry and data solutions. Ryan Ezell, Chief Executive Officer, said “I am thrilled to…

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Flotek Announces Departure of Director David Nierenberg

HOUSTON, May 24, 2024 - Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced that David Nierenberg is stepping down from his position as a member of the Company’s Board of Directors. Harsha V. Agadi, Chairman of the Board of Directors of Flotek, said, “David’s leadership during his six years of service has played a pivotal role in the Company’s turnaround. David has provided the board unmatched corporate governance expertise as well as deep strategic insights helping the Company to achieve operational and financial success while navigating the volatility inherent in the industry. During David’s tenure, annual revenues…

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Flotek Reports First Quarter 2024 Financial Results

HOUSTON, May 7, 2024 - Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced operational and financial results for the quarter ended March 31, 2024, highlighted by significant improvement in profitability metrics as compared to the first quarter of 2023.

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Flotek Announces Timing Of Release Of First Quarter 2024 Earnings Results And Conference Call

Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced the Company’s schedule for releasing its first quarter 2024 financial and operating results for the period ended March 31, 2024. The Company plans to release its first quarter 2024 financial and operating results press release after market close on Tuesday, May 7, 2024, and host its earnings conference call on Wednesday, May 8, 2024, at 9:00 a.m. CST (10:00 a.m. EST).

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Flotek Reports Fourth Quarter 2023 Financial Results

Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced operational and financial results for the fourth quarter and full-year ended December 31, 2023, highlighted by significant improvement in all profitability metrics, including net income, gross profit and adjusted gross profit(1). For the first time since 2017, the Company generated full-year positive adjusted EBITDA(1).

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