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.

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 the ninth consecutive quarter of improvement. 

Noble Capital Markets Senior Research Analyst Michael Heim hosts this exclusive fireside chat with Flotek CEO John W. Gibson, Jr. The discussion features questions asked by the live audience throughout the event. Watch Replay >>   Read More>>

At the 2021 Unconventional Resources Technology Conference, Flotek presented an overview of its green chemistry solutions and our collaborative partnerships with E&P operators and service companies to advance Environmental, Social & Governance (ESG) goals. Read More>>