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Flotek Industries, Inc is currently in a long term downtrend where the price is trading 15.6% below its 200 day moving average.
From a valuation standpoint, the stock is 72.7% cheaper than other stocks from the Energy sector with a price to sales ratio of 2.2.
Flotek Industries, Inc's total revenue sank by 38.0% to $12M since the same quarter in the previous year.
Its net income has increased by 55.3% to $-18M since the same quarter in the previous year.
Finally, its free cash flow fell by 65.1% to $-9M since the same quarter in the previous year.
Based on the above factors, Flotek Industries, Inc gets an overall score of 2/5.
| Sector | Energy |
|---|---|
| Industry | Oil & Gas Equipment & Services |
| ISIN | US3433894090 |
| Exchange | NYSE |
| CurrencyCode | USD |
| Market Cap | 606M |
|---|---|
| PE Ratio | 19.94 |
| Beta | 1.46 |
| Target Price | 21.25 |
| Dividend Yield | None |
Flotek Industries, Inc. operates as a chemical and data analytics company in the United States, the United Arab Emirates, and internationally. It operates in two segments, Chemistry Technologies (CT) and Data Analytics (DA). The CT segment offers chemistry solutions, such as proprietary chemistries, specialty chemistries, logistics, and technology services for desired chemical applications program to integrated oil and gas companies, oilfield services companies, independent oil and gas companies, national and state-owned oil companies, geothermal energy companies, solar energy companies, and advanced alternative energy companies. This segment also designs, develops, manufactures, packages, distributes, and markets chemistry solutions designed for existing sustainability practices to reduce the environmental impact of energy on the air, water, land, and people. The DA segment is also involved in the provision of analytical measurement and digital solutions, including measure-and-control services for near real-time insights for process control in the oil and gas value chain, and emerging applications in power and digital valuation; and solutions to optimize performance, improve decision-making, and reduce emissions and carbon intensity; and short and long-term equipment rental. It sells its products directly through in-house sales professionals and contractual agency agreements. Flotek Industries, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.
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