Flotek Industries Inc (FTK) Key Developments | Reuters.com
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Flotek Industries Inc (FTK)

FTK on New York Consolidated

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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Flotek Industries Inc announces technical partnership with ely & associates
Monday, 5 Oct 2015 07:00am EDT 

Flotek Industries Inc:Flotek Industries announces technical partnership with ely & associates, update on third quarter operating activity and third quarter reporting schedule.Says believes that cnf sales increased at least 25% when compared to second quarter cnf sales.  Full Article

Flotek Industries appoints Robert Schmitz as CFO
Monday, 1 Jun 2015 07:05am EDT 

Flotek Industries Inc:Announces appointment of robert m. schmitz as chief financial officer, h. richard walton named chief financial officer emeritus.Says robert m. schmitz succeeding h. richard walton.Richard Walton named chief financial officer emeritus.  Full Article

Flotek Industries Inc gives Q1 2015 earnings guidance
Tuesday, 21 Apr 2015 07:30am EDT 

Flotek Industries Inc:Expects Q1 2015 to report a net loss of about $1.5 million or $.03 per share on a fully diluted basis.Expects Q1 2015 Earnings Before Interest Taxes Depreciation and Amortization, or EBITDA, a non-GAAP measure of financial performance, is expected to be over $3 million.  Full Article

Flotek Industries Inc and Solazyme Inc announce strategic agreements
Tuesday, 14 Apr 2015 07:00am EDT 

Flotek Industries Inc and Solazyme Inc:Says companies and certain subsidiaries have entered into agreements to globally commercialize Flocapso, an innovative, advanced drilling fluid additive.In addition, Flotek will market Solazyme's Encapso lubricant - first commercially available, biodegradable encapsulated lubricant for drilling fluids - in certain Middle Eastern markets.Under joint product development and marketing agreement (joint agreement).Both will commercialize and market Flocapso, propretary formulation combining Flotek's patented Complex nano-Fluid chemistries with Solazyme's proprietary Encapso technology.Laboratory and commercial testing indicate that Flocapso additive will allow use of water-based fluids in wells that previously required more expensive and invasive oil-based products, providing an environmentally superior, more efficient solution to drilling challenges around globe.  Full Article

Flotek Industries Inc announces acquisition of International Artificial Lift, LLC
Wednesday, 28 Jan 2015 07:05am EST 

Flotek Industries Inc:Says it has entered into a definitive agreement to purchase substantially all of the assets of International Artificial Lift, LLC.Says it provided total consideration of $2.25 mln for the purchase of substantially all of the assets of IAL including all intellectual property, finished goods and inventory.  Full Article

Flotek Industries Inc gives Q3 2014 revenue guidance above analysts' estimates
Monday, 6 Oct 2014 06:55am EDT 

Flotek Industries Inc:Expects Q3 2014 revenue to exceed $115 million.Q3 2014 revenue of $113 million - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Flotek Industries Q1 loss per share $0.55

* Q1 earnings per share view $-0.05, revenue view $67.6 million -- Thomson Reuters I/B/E/S