Flotek Industries (FTK) Stock Price, News & Analysis

Flotek Industries' stock was trading at $3.92 on January 1st, 2024. Since then, FTK shares have decreased by 11.6% and is now trading at $3.4650.
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Flotek Industries saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 423,100 shares, a drop of 9.8% from the March 15th total of 469,000 shares. Based on an average daily volume of 52,800 shares, the short-interest ratio is currently 8.0 days. Currently, 1.5% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
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Flotek Industries will be holding an earnings conference call on Wednesday, May 8th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Flotek Industries, Inc. (NYSE:FTK) announced its earnings results on Tuesday, March, 12th. The oil and gas company reported $0.07 earnings per share (EPS) for the quarter. The oil and gas company earned $42.19 million during the quarter. Flotek Industries had a net margin of 13.14% and a negative trailing twelve-month return on equity of 0.65%.

Flotek Industries shares reverse split on the morning of Tuesday, September 26th 2023. The 1-6 reverse split was announced on Thursday, September 14th 2023. The number of shares owned by shareholders was adjusted after the market closes on Monday, September 25th 2023. An investor that had 100 shares of stock prior to the reverse split would have 17 shares after the split.

9 employees have rated Flotek Industries Chief Executive Officer John W. Chisholm on Glassdoor.com. John W. Chisholm has an approval rating of 100% among the company's employees. This puts John W. Chisholm in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Flotek Industries investors own include Floor & Decor (FND), Freeport-McMoRan (FCX), OPKO Health (OPK), FireEye (FEYE), Inovio Pharmaceuticals (INO), Advanced Micro Devices (AMD), Arrowhead Pharmaceuticals (ARWR), BioDelivery Sciences International (BDSI), Co-Diagnostics (CODX) and Catalyst Pharmaceuticals (CPRX).

Flotek Industries' stock is owned by a number of retail and institutional investors. Top institutional investors include Sanders Morris Harris LLC (0.20%). Insiders that own company stock include David Nierenberg, Harshavardhan V Agadi, James Bond Clement, John W Gibson Jr, Matthew Wilks and Ryan Gillis Ezell.
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Shares of FTK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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