News & Events
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…
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…
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…
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…
FLOTEK TO PRESENT AT THE EMERGING GROWTH CONFERENCE ON WEDNESDAY JANUARY 11, 2023
HOUSTON, January 5, 2023 – Flotek Industries, Inc. (“Flotek”) (NYSE: FTK), a leader in technology-driven specialty green chemistry solutions, invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference on Wednesday, January 11, 2023, from 10:15 – 10:45 Eastern Time. Notice: The video from this conference is now available! CEO John W. Gibson Jr. will give a brief presentation and subsequently open the floor for questions. Questions can be submitted in advance to Questions@EmergingGrowth.com or you may ask your questions real-time during the event and Mr. Gibson will…