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Latest Flotek Industries Inc. Stories

2011-08-10 17:09:00

HOUSTON, Aug. 10, 2011 /PRNewswire/ -- Flotek Industries, Inc. (NYSE: FTK) ("Flotek" or the "Company") today announced results for the three months ending June 30, 2011. As reported on Form 10-Q filed with the U.S. Securities and Exchange Commission, Flotek reported that revenue for the three months ended June 30, 2011 was $55.9 million, an increase of $24.7 million, or 79.4%, compared to $31.2 million for the same period in 2010. Revenue increased across all of the Company's segments due...

2011-08-10 06:00:00

HOUSTON, Aug. 10, 2011 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced information for its Second Quarter, 2011 Earnings Conference Call. Flotek will provide second quarter financial and operating results in a press release the evening of Wednesday, August 10, 2011. The Company will also file its quarterly report with the U.S. Securities and Exchange Commission on Form 10-Q the evening of August 10, 2011. The Company will hold a conference...

2011-08-05 06:00:00

HOUSTON, Aug. 5, 2011 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) will host a conference call on Thursday, August 11, 2011, at 7:30 a.m. Central Time to discuss its operating results for the quarter ended June 30, 2011. Flotek intends to provide dial-in information through a press release on August 10, 2011. Flotek plans to file its 10-Q after the market close on August 10, 2011. In addition, the Company will provide additional details regarding...

2011-06-09 16:14:00

HOUSTON, June 9, 2011 /PRNewswire/ -- Flotek Industries, Inc. (NYSE: FTK) today announced that all members of the Company's senior management team have elected to receive a portion of their 2011 performance bonus in restricted shares of Flotek common stock. The grants were disclosed in a Current Report (Form 8-K) filed today with the U.S. Securities and Exchange Commission. The shares of restricted stock - issued to John Chisholm, Chairman and President; Steve Reeves, Executive Vice...

2011-06-08 07:00:00

HOUSTON, June 8, 2011 /PRNewswire/ -- Flotek Industries, Inc. (NYSE: FTK) today announced it has paid-in-full its Senior Credit Facility. Using proceeds received from a recent equity private placement, the Company paid approximately $29.25 million in remaining principal due to its senior lenders, Whitebox Advisors and Gates Capital Management. The repayment of the Senior Credit Facility reduced Flotek's outstanding debt obligations by approximately 22%. "With the repayment of our Senior...

2011-05-12 07:00:00

HOUSTON, May 12, 2011 /PRNewswire/ -- Flotek Industries, Inc. (NYSE: FTK) today announced that it has entered into definitive subscription agreements with accredited investors with respect to the private placement of shares of common stock for gross proceeds of approximately $29.5 million. Flotek also announced that it has entered into exchange agreements to issue an aggregate of 559,007 shares of common stock in exchange for $4.5 million in aggregate principal amount of its 5.25%...

2011-05-11 17:06:00

HOUSTON, May 11, 2011 /PRNewswire/ -- Flotek Industries, Inc. (NYSE: FTK) ("Flotek" or the "Company") today announced results for the three months ending March 31, 2011. As reported on Form 10-Q filed with the U.S. Securities and Exchange Commission, Flotek reported that revenue for the three months ended March 31, 2011 was $52.9 million, an increase of $24.5 million, or 86.5%, compared to $28.4 million for the same period in 2010. Revenue increased across all of the Company's segments...

2011-05-10 07:00:00

HOUSTON, May 10, 2011 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced information for its First Quarter, 2011 Earnings Conference Call. Flotek will provide first quarter financial and operating results in a press release the evening of Wednesday, May 11, 2011. The Company will also file its quarterly report with the U.S. Securities and Exchange Commission on Form 10-Q the evening of May 11, 2011. The Company will hold a conference call to...

2011-04-25 06:00:00

HOUSTON, April 25, 2011 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) announced today that it will host an investor field trip and presentations on May 16-18, 2011 in Houston and Oklahoma City. The presentations will consist of a comprehensive review of Flotek's current business operations and financial position. In addition, the Company will host investors on tours to several of its operating facilities including its chemical research facilities and Cavo...

2011-04-11 06:00:00

HOUSTON, April 11, 2011 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) will host a conference call on Thursday, May 12, 2011 at 7:30 a.m. Central Time to discuss its operating results for the quarter ended March 31, 2011. Flotek intends to provide dial-in information through a press release on May 11, 2011. Flotek plans to file its 10-Q after the market close on May 11, 2011. In addition, the Company will provide additional details regarding operating...


Word of the Day
cenobite
  • One of a religious order living in a convent or in community; a monk: opposed to anchoret or hermit (one who lives in solitude).
  • A social bee.
This word comes from the Latin 'coenobium,' convent, which comes from the Greek 'koinobios,' living in community.
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