NYSE:FTK

Stock Analysis Report

Executive Summary

Flotek Industries, Inc. provides chemistry and services to the oil and gas industries in then United States and internationally.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Risks

  • Flotek Industries has significant price volatility in the past 3 months.
  • Flotek Industries is not covered by any analysts.

Similar Companies

Share Price & News

How has Flotek Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

16.0%

NYSE:FTK

3.5%

US Chemicals

1.3%

US Market


1 Year Return

14.4%

NYSE:FTK

-11.8%

US Chemicals

2.0%

US Market

FTK outperformed the Chemicals industry which returned -11.7% over the past year.

FTK outperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

FTKIndustryMarket
7 Day16.0%3.5%1.3%
30 Day21.7%4.8%3.9%
90 Day-34.1%1.8%3.4%
1 Year14.4%14.4%2.1%-11.8%4.2%2.0%
3 Year-82.9%-82.9%45.4%18.4%47.2%37.6%
5 Year-90.7%-90.7%37.6%7.5%60.5%42.9%

Price Volatility Vs. Market

How volatile is Flotek Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Flotek Industries undervalued based on future cash flows and its price relative to the stock market?

0.64x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Flotek Industries to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Flotek Industries to establish if it is available at substantial discount.


Price Based on Earnings

Flotek Industries is loss making, we can't compare its value to the US Chemicals industry average.

Flotek Industries is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Flotek Industries, we can't assess if its growth is good value.


Price Based on Value of Assets

Flotek Industries is good value based on assets compared to the US Chemicals industry average.


Next Steps

Future Growth

How is Flotek Industries expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.2%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Flotek Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Flotek Industries performed over the past 5 years?

-76.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Flotek Industries does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Flotek Industries's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Flotek Industries's 1-year growth to the US Chemicals industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Flotek Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Flotek Industries has efficiently used its assets last year compared to the US Chemicals industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Flotek Industries improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Flotek Industries's financial position?


Financial Position Analysis

Flotek Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Flotek Industries's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Flotek Industries has no debt.

Flotek Industries has no debt compared to 5 years ago when it was 18.8%.

Flotek Industries has no debt, it does not need to be covered by operating cash flow.

Flotek Industries has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Flotek Industries has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Flotek Industries's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Flotek Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Flotek Industries's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Flotek Industries has not reported any payouts.

Unable to verify if Flotek Industries's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Flotek Industries has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Flotek Industries's salary, the management and board of directors tenure and is there insider trading?

0.8yrs

Average management tenure


CEO

John Chisholm (64yo)

7.5yrs

Tenure

US$1,794,367

Compensation

Mr. John William Chisholm, serves as the President of Florida Chemical Company, Inc. Mr. Chisholm serves as the Chief Executive Officer of CESI Manufacturing, LLC. Mr. Chisholm serves as an Advisor at Iroq ...


CEO Compensation Analysis

John's remuneration is higher than average for companies of similar size in United States of America.

John's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

0.8yrs

Average Tenure

66.5yo

Average Age

The average tenure for the Flotek Industries management team is less than 2 years, this suggests a new team.


Board Age and Tenure

4.3yrs

Average Tenure

64yo

Average Age

The tenure for the Flotek Industries board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$642,33012 Sep 19
Nierenberg Investment Management Company, Inc.
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Max PriceUS$2.45
BuyUS$400,45711 Jun 19
Nierenberg Investment Management Company, Inc.
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Max PriceUS$3.68
BuyUS$645,61006 Jun 19
Nierenberg Investment Management Company, Inc.
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Max PriceUS$3.46
BuyUS$2,710,00706 Jun 19
North Sound Management, Inc.
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BuyUS$316,22903 Jun 19
Nierenberg Investment Management Company, Inc.
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Shares101,250
Max PriceUS$3.19
BuyUS$2,471,83710 May 19
North Sound Management, Inc.
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Max PriceUS$3.65

Ownership Breakdown


Management Team

  • John Chisholm (64yo)

    President

    • Tenure: 7.5yrs
    • Compensation: US$1.79m
  • Glenn Penny (69yo)

    Director of Technology

    • Tenure: 0yrs
    • Compensation: US$238.08k
  • Elizabeth Wilkinson (61yo)

    Chief Financial Officer

    • Tenure: 0.8yrs
    • Compensation: US$63.60k
  • Casey Doherty

    Corporate Secretary

    • Tenure: 0yrs
  • Bob Fielding

    Senior VP of Data & Cognitive Impact

    • Tenure: 0yrs
  • Rich Walton (70yo)

    Consultant

    • Tenure: 0.8yrs
    • Compensation: US$1.47m
  • James Silas

    Senior Vice President of Research & Innovation - Flotek Chemistry

    • Tenure: 0yrs
  • Danielle Allen

    Senior Vice President of Global Communications & Technology Commercialization

    • Tenure: 2.4yrs
  • Sally Cheadle

    Vice President and Corporate Controller

    • Tenure: 0yrs
  • Mark Lewis

    Senior Vice President of Global Sales & Business Development

    • Tenure: 0.4yrs

Board Members

  • John Chisholm (64yo)

    President

    • Tenure: 7.5yrs
    • Compensation: US$1.79m
  • William Hobby (58yo)

    Director

    • Tenure: 0.5yrs
  • Mel Cooper (65yo)

    Director

    • Tenure: 8.9yrs
    • Compensation: US$210.50k
  • Dem Nierenberg (66yo)

    Chairman

    • Tenure: 0.4yrs
    • Compensation: US$162.33k
  • Ted Brown (63yo)

    Director

    • Tenure: 5.8yrs
    • Compensation: US$202.44k
  • Bud McGuire (76yo)

    Lead Independent Director

    • Tenure: 0yrs
    • Compensation: US$204.70k
  • Michelle Adams (48yo)

    Director

    • Tenure: 2.7yrs
    • Compensation: US$197.07k

Company Information

Flotek Industries, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Flotek Industries, Inc.
  • Ticker: FTK
  • Exchange: NYSE
  • Founded:
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: US$139.255m
  • Shares outstanding: 56.38m
  • Website: https://www.flotekind.com

Number of Employees


Location

  • Flotek Industries, Inc.
  • 10603 West Sam Houston Parkway North
  • Suite 300
  • Houston
  • Texas
  • 77064
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FTKNYSE (New York Stock Exchange)YesCommon StockUSUSDNov 2001
F2IDB (Deutsche Boerse AG)YesCommon StockDEEURNov 2001

Biography

Flotek Industries, Inc. provides chemistry and services to the oil and gas industries in then United States and internationally. The company designs, develops, manufactures, packs, markets, distributes, an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 23:40
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.