Alliance Global Partners initiated coverage on Flotek Industries with a new price target
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Alliance Global Partners initiated coverage of Flotek Industries with a rating of Buy and set a new price target of $19.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/17/2025 | $16.00 | Market Perform | Northland Capital |
| 6/12/2025 | $19.00 | Buy | Alliance Global Partners |
| 7/25/2024 | $6.50 | Buy | ROTH MKM |
| 4/29/2024 | $7.00 | Buy | Alliance Global Partners |
| 7/1/2021 | $2.50 | Outperform | Noble Capital Markets |
HOUSTON, June 23, 2025 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced the Company's schedule for releasing its second quarter 2025 financial and operating results. The Company plans to issue its second quarter 2025 financial and operating results press release after market close on Tuesday, August 5, 2025, and will host its earnings conference call on Wednesday, August 6, 2025, at 9:00 a.m. Central (10:00 a.m. Eastern). The press release will be posted on the Company's website at https://ir.flotekind.com/press-releases. Participa
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HOUSTON, June 3, 2025 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) announced today that it will be added as a member of the broad-market Russell 3000® Index, effective after the US market opens on June 30, as part of the 2025 Russell indexes reconstitution. The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30th, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in either the large-cap Russell 1000®
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4 - FLOTEK INDUSTRIES INC/CN/ (0000928054) (Issuer)
Northland Capital initiated coverage of Flotek Industries with a rating of Market Perform and set a new price target of $16.00
Alliance Global Partners initiated coverage of Flotek Industries with a rating of Buy and set a new price target of $19.00
ROTH MKM initiated coverage of Flotek Industries with a rating of Buy and set a new price target of $6.50
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HOUSTON, June 23, 2025 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced the Company's schedule for releasing its second quarter 2025 financial and operating results. The Company plans to issue its second quarter 2025 financial and operating results press release after market close on Tuesday, August 5, 2025, and will host its earnings conference call on Wednesday, August 6, 2025, at 9:00 a.m. Central (10:00 a.m. Eastern). The press release will be posted on the Company's website at https://ir.flotekind.com/press-releases. Participa
HOUSTON, May 6, 2025 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced operational and financial results for the quarter ended March 31, 2025. First quarter 2025 results were the strongest quarterly results in terms of revenue, gross profit, net income and adjusted EBITDA (1) in the last 5 years. Financial Summary (in thousands, except 'per share' amounts) Three Months Ended March 31, 2025 2024 % Change Total Revenues $ 55,362 $ 40,374 37 % Gross Profit $ 12,449 $
HOUSTON, April 28, 2025 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek") (NYSE:FTK) and ProFrac Holding Corp. (NASDAQ:ACDC) ("ProFrac") today jointly announced Flotek's acquisition of power generation assets and related intellectual property (the "Acquired Assets") from ProFrac GDM, LLC ("ProFrac GDM"), a subsidiary of ProFrac, for $105 million. Flotek concurrently entered into an agreement for a six-year dry lease of the Acquired Assets with ProFrac GDM (the "Lease Agreement"). The Acquired Assets include digitally enhanced mobile natural gas conditioning and distribution u
HOUSTON, June 11, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) announced today that the company is set to join the Russell Microcap® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1, 2024. The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization. Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in th
HOUSTON, June 10, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced that it has appointed Leon Chad as Senior Vice President, Commercial, effective June 3, 2024. This appointment serves as the replacement for the Company's Senior Vice President- Global Business Lines who departed in March 2024. With over three decades of both domestic and international experience in the energy and chemistry industries, Mr. Chad brings invaluable expertise that will further enhance the Company's strategy to drive market share gains through its d
HOUSTON, March 4, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE:FTK) today announced that it has appointed Amy Blakeway as Senior Vice President, General Counsel, effective March 1, 2024. With over a decade of legal experience in the energy sector, Ms. Blakeway brings unique expertise that will further strengthen the leadership team and help advance the Company's growth strategy to drive market share gains through its differentiated chemistry and data solutions. Ryan Ezell, Chief Executive Officer, said, "I am pleased to welcome Amy as the newe
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