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Latest Flotek Industries Inc. Stories

2014-04-07 08:23:01

HOUSTON, April 7, 2014 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced it has entered into an Agreement to acquire certain intellectual property that will expand Flotek's use of its patented Complex nano-Fluid(TM) technology into drilling fluids systems, providing a superior solution for a myriad of challenges, especially those presented by unconventional drilling programs. The intellectual property - including certain patents and...

2014-04-04 08:22:28

HOUSTON, April 4, 2014 /PRNewswire/ -- Flotek Industries, Inc. (NYSE: FTK - News) will make a presentation at the Independent Petroleum Association of America (IPAA) New York Oil and Gas Investment Symposium in New York City on Monday, April 7, 2014. John Chisholm, Chairman, President and Chief Executive Officer of Flotek, will present to conference attendees beginning at 9:10am EDT. The presentation will be webcast live beginning at 9:10am EDT on Monday, April 7, 2014 and can be...

2014-03-21 12:22:10

Editor Note: For more information about this release, please scroll to bottom. LONDON, March 21, 2014 /PRNewswire/ -- The US markets saw a positive sentiment on Thursday, March 20, 2014, with the NASDAQ Composite closing at 4,319.29, up 0.27%, the Dow Jones Industrial Average ending the session at 16,331.05, up 0.67% and the S&P 500 edging 0.60% higher to finish the trading session at 1,872.01. During the session, gains in the Information Technology, Financials, and...

2014-03-18 08:22:35

HOUSTON, March 18, 2014 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced that its Middle East joint venture, Flotek Gulf, will exhibit at the OGWA Exhibition and Conference in Muscat, Sultanate of Oman, March 31-April 2, 2014. The biannual conference is one of the largest gatherings of oil and gas professionals across the Middle East and Africa, with exhibitors and attendees from over 20 countries. Lead sponsors and supporters include...

2014-02-11 08:23:48

HOUSTON, Feb. 11, 2014 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced it has entered into a Letter of Intent (the"LOI") to acquire Plano, Texas based SiteLark, LLC. ("SiteLark"). SiteLark is a leading provider of quality reservoir engineering and modelling services for a variety of hydrocarbon applications. Founded in 2000, SiteLark works around the globe developing innovative solutions to extract information from available data to...

2014-02-10 16:23:25

HOUSTON, Feb. 10, 2014 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (FTK) today announced results for the twelve-months ended December 31, 2013. As reported on Form 10-K filed with the U.S. Securities and Exchange Commission, Flotek reported revenue for the year ended December 31, 2013 of $371.1 million, an increase of $58.2 million, or 18.6%, compared to the year ended December 31, 2012. The increase in revenue was the result of the acquisition of Florida...

2014-02-05 08:22:48

HOUSTON, Feb. 5, 2014 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (FTK) will host a conference call on Tuesday, February 11, 2014 at 7:30 a.m. Central Standard Time to discuss its operating results for the twelve-months and quarter ended December 31, 2013. Flotek intends to provide dial-in information through a press release on February 10, 2014. Flotek plans to file its 10-K after the market close on Monday, February 10, 2014. In addition, the Company will...

2014-01-16 08:22:01

HOUSTON, Jan. 16, 2014 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company') (NYSE: FTK - News) today announced the closing of its purchase of Eclipse IOR Services, LLC ("EOGA") and plans to expand its Enhanced Oil Recovery ("EOR") platform. Total consideration for the purchase was $7,000,000, including $5.25 million in cash and 94,354 shares of Flotek Common Stock. The transaction is effective January 1, 2014. While final year-end financials are pending, the Company estimates...

2014-01-15 08:21:59

HOUSTON, Jan. 15, 2014 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company') (NYSE: FTK) today announced the appointment of David R. McMahon as Vice President of Artificial Lift Technologies and plans to expand the Company's profile in artificial lift. Mr. McMahon has spent the last twenty-two years of his career in the artificial lift industry with various units of Baker Hughes, Incorporated, most recently serving as the Area Manager for the Rocky Mountain region for...

2014-01-14 08:22:36

HOUSTON, Jan. 14, 2014 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company') (NYSE: FTK) today announced preliminary revenue and gross margin results for Fourth Quarter, 2013 and discussed the current status of the Florida citrus market. While the Company is still completing final year-end accounting processes, Flotek believes that revenues for the three-months ended December 31, 2013 should exceed $100 million. Enterprise-wide gross margins should be approximately...


Word of the Day
endocarp
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'karpos', fruit.
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