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Flotek Strengthens Executive Leadership Team with the Addition of Amy Blakeway as Senior Vice President, General Counsel

FOR IMMEDIATE RELEASE HOUSTON, March 4, 2024 - Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced that it has appointed Amy Blakeway as Senior Vice President, General Counsel, effective March 1, 2024. With over a decade of legal experience in the energy sector, Ms. Blakeway brings unique expertise that will further strengthen the leadership team and help advance the Company’s growth strategy to drive market share gains through its differentiated chemistry and data solutions. Ryan Ezell, Chief Executive Officer, said, “I am pleased to welcome Amy as the newest member of our leadership team at an exciting…

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Flotek Announces Participation in the 36th Annual Roth Conference

HOUSTON, January 25, 2024 - Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced the Company is scheduled to participate in the 36th Annual Roth Conference to be held at the Ritz Carlton in Laguna Niguel, California, March 17-19, 2024. Flotek Chief Executive Officer, Ryan Ezell, will participate in an industry panel discussion and will be joined by Chief Financial Officer, Bond Clement, in hosting one-on-one meetings with investors during the event. An updated corporate presentation that will be used in discussions at the conference will be posted to the Investor Relations section of Flotek’s corporate website at…

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Flotek bolsters executive leadership team to drive innovation and growth in data analytics segment

HOUSTON, September 20, 2023 - Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced that it has appointed Tom Redlinger as Vice President of its rapidly expanding, high margin Data Analytics segment. The appointment of Mr. Redlinger further strengthens the executive leadership team, while bringing deep energy industry expertise to the Data Analytics business, which supports customers through real-time data, monitoring, and visualization across the energy value chain utilizing the Company’s proprietary JP3 unit. Ryan Ezell, Chief Executive Officer, said, “I am pleased to welcome Tom to the Flotek leadership team. His diverse background and 20 years of…

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Flotek projects achieving financial milestone in third quarter and announces 1-for-6 reverse stock split

HOUSTON, September 14, 2023 - Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced it expects to report positive adjusted EBITDA(1) for the quarter ending September 30, 2023, accelerating its previous estimate of achieving this financial metric before year-end. Reaching positive adjusted EBITDA(1) builds upon the Company’s improvement in its financial results over the last several quarters, highlighted by revenues and gross profit during the first half of 2023 increasing by approximately $56 million and $9 million, respectively, as compared to the first half of 2022. The Company expects that its third quarter 2023 adjusted EBITDA(1) will reflect…

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Flotek to Participate in Water Tower Research Fireside Chat

HOUSTON, August 21, 2023 – Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced that the Company is scheduled to participate in a fireside chat with Water Tower Research on August 23, 2023, at 2:00 PM Eastern Time. Ryan Ezell, Chief Executive Officer, and Bond Clement, Chief Financial Officer, will discuss the growing market for Flotek’s green chemistry solutions and the prospects for the company’s Data Analytics segment, driven by adoption of the JP3 Verax Analyzers; how the Company’s green chemistry technologies can drive improved performance for well owners; the Company’s revenue growth opportunities with transactional chemistry customers and…

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Flotek Solidifies Executive Leadership Team to Drive Continued Growth and Profitability

HOUSTON, August 17, 2023 – Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced three internal executive appointments, marking the final step in solidifying the Company’s leadership team as it focuses on strengthening its platform for continued growth and profitability. The promotions of Nathan Snoke to Senior Vice President – Global Business Lines, Shane Wise to Senior Vice President – Operations, and Andrea Berry to Vice President of People Operations are effective immediately. They will join Flotek’s recently appointed Chief Executive Officer, Ryan Ezell, and Chief Financial Officer, Bond Clement, together forming a deep bench of executive talent…

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Flotek Announces Entry into Asset Based Loan Agreement

HOUSTON, August 14, 2023 - Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced that it has entered into a revolving loan and security agreement in connection with an Asset Based Loan (“ABL”) with Amerisource Funding, Inc. (“Lender”). The ABL provides for a 24-month term with up to $10 million of initial credit availability for eligible accounts receivable and eligible inventory. After closing and subject to certain conditions, including an acceptable appraisal and the pledge of real estate collateral by the Company, the credit availability is expected to be increased by the lesser of 50% of the appraised…

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Flotek Announces Participation in EnerCom Denver – The Energy Investment Conference

HOUSTON, July 17, 2023 - Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced that the Company will participate in EnerCom Denver – The Energy Investment Conference to be held in Denver, Colorado, August 14-16, 2023. Ryan Ezell, Chief Executive Officer of Flotek, is scheduled to present on August 15, 2023, at 8:50 a.m. MT and will be joined by Bond Clement, Chief Financial Officer, in hosting meetings with investors throughout the day. Dr. Ezell will also participate in a service industry panel discussion on August 16 at 9:50 a.m. MT. A live webcast of the events will…

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FLOTEK TO PARTICIPATE IN WATER TOWER RESEARCH FIRESIDE CHAT

HOUSTON, April 17, 2023 - Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced that the Company is scheduled to participate in a fireside chat with Water Tower Research on April 20, 2023, at 11:00 AM Eastern Time. Ryan Ezell, President, and Bond Clement, Chief Financial Officer, of Flotek will discuss the market for the Company’s green chemistry and data technologies, including the ongoing implementation of Flotek’s 10-year chemical supply agreement with ProFrac Holding Corp. Registration for the event is available at https://us06web.zoom.us/webinar/register/WN_sk0PikB_T-KSwgJQsTPJwQ.  About Flotek Industries, Inc. Flotek Industries, Inc. creates unique solutions to reduce the environmental impact…

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Flotek Announces Leadership Transitions, Marking the Beginning of a New Chapter of Future Growth and Profitability

Houston, Texas, January 19, 2023 – Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK), a leader in technology-driven specialty green chemistry solutions, today announced that Director Harsha V. Agadi will become interim Chief Executive Officer of Flotek, effective immediately. He succeeds John W. Gibson, Jr., who has transitioned out of the role of Chairman, President, and Chief Executive Officer to pursue other professional opportunities. In addition, Chief Operating Officer Ryan Ezell has been promoted to President and Independent Lead Director David Nierenberg has been appointed Chairman of the Board. The Board of Directors has commenced a search for the…

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