Flotek IndustriesFTK
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 Q3 regulatory filings by fund managers ($100M+ AUM)
367% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 3
171% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 7
114% more call options, than puts
Call options by funds: $240K | Put options by funds: $112K
38% more funds holding
Funds holding: 32 [Q2] → 44 (+12) [Q3]
20% more capital invested
Capital invested by funds: $17.4M [Q2] → $20.9M (+$3.48M) [Q3]
2.12% more ownership
Funds ownership: 11.98% [Q2] → 14.09% (+2.12%) [Q3]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Roth MKM Gerry Sweeney 53% 1-year accuracy 10 / 19 met price target | 9%upside $8 | Buy Maintained | 7 Nov 2024 |
Financial journalist opinion
