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Flotek Industries
FTK

$4.38
2.82%
 

About: Flotek Industries Inc is a technology-driven company focused on reducing the environmental impact of energy operations. Its Chemistry Technologies segment develops green specialty chemicals to enhance the profitability of hydrocarbon producers, catering to major players in the oil and gas industry. These chemicals improve operational efficiency and sustainability throughout the well life cycle. The Data Analytics segment provides real-time analytics for hydrocarbon streams, enabling users to optimize processes and increase profitability by reducing waste and reprocessing. Flotek's revenue primarily comes from its Chemistry segment, reflecting its commitment to providing solutions for environmental improvement in the energy sector.

Employees: 146

0
Funds holding %
of 6,702 funds
Analysts bullish %
0
News positive %
of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

1,100% more call options, than puts

Call options by funds: $36K | Put options by funds: $3K

140% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 5

100% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 2

6% more funds holding

Funds holding: 31 [Q4 2023] → 33 (+2) [Q1 2024]

1% more capital invested

Capital invested by funds: $12.7M [Q4 2023] → $12.8M (+$149K) [Q1 2024]

0.66% more ownership

Funds ownership: 10.9% [Q4 2023] → 11.56% (+0.66%) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target
$7
60%
upside
Avg. target
$7
60%
upside
High target
$7
60%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Alliance Global Partners
Jeff Grampp
60%upside
$7
Buy
Initiated
29 Apr 2024

Financial journalist opinion

Based on 3 articles about FTK published over the past 30 days