Flotek IndustriesFTK
Market Cap: 136M
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
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
2 Wall Street Analysts provided 1 year price forecasts over the past 6 months
2 analyst ratings
Roth MKM Gerry Sweeney | 42%upside $6.5 | Buy Initiated | 25 Jul 2024 |
Alliance Global Partners Jeff Grampp | 53%upside $7 | Buy Initiated | 29 Apr 2024 |