Flotek Industries Inc/cn/

Flotek Industries has been awarded a significant 10-year agreement to support a 400 MW natural gas-fired power generation project for the Puerto Rico Electric Power Authority, projecting a $400 million revenue backlog.

Flotek Industries, Inc. has amended its revolving loan agreement to extend the maturity date to October 31, 2026, with an option for a further twelve-month extension.

Flotek Industries shareholders re-elected all seven director candidates and ratified the appointment of KPMG LLP as independent auditor at the 2026 annual meeting.

Flotek Industries announced its first contract in the utilities infrastructure sector, deploying up to 50 MW of power generation for federal disaster recovery.

Flotek Industries strengthens its leadership team with the appointment of Christina M. Ibrahim as Senior Vice President, General Counsel, Chief Compliance Officer, and Corporate Secretary.

Flotek Industries, Inc. has granted restricted stock units and performance-based restricted stock units to its Chief Executive Officer and Chief Financial Officer, aligning executive compensation with long-term performance metrics.

Flotek Industries reports a 27% year-over-year revenue increase for Q1 2026, driven by strong performance in its Data Analytics segment and related party transactions, despite a decline in external customer sales for its Chemistry Technologies segment.

Flotek Industries, Inc. announced significantly improved third-quarter and nine-month financial results, driven by increased gross profit and a substantial tax benefit, alongside a strategic assignment of its PWRtek Note and a new parent company guaranty.

Flotek Industries reported a 26% increase in Q2 2025 revenue, driven by a strategic asset acquisition and related party activities, despite a net income decline for the quarter.

Flotek Industries' Q1 2025 revenue increased by 37% year-over-year, driven by higher sales volumes and related party activity, alongside the acquisition of remote power generation assets.

Flotek Industries saw a 5% increase in revenue for the third quarter of 2024 compared to the same period last year, driven by related party activity and growth in the Data Analytics segment.

Flotek Industries experienced a decrease in revenue due to lower related party activity, partially offset by increased external customer revenue and contract shortfall fees, while improving gross profit margins.

Flotek Industries, Inc. reported a significant increase in total revenues and net income for the fiscal year ended December 31, 2025, driven by growth in both Chemistry Technologies and Data Analytics segments.

Flotek Industries' 2024 results reflect a complex interplay of factors, including fluctuations in the oil and gas industry, the impact of the ProFrac agreement, and strategic shifts in the Data Analytics segment.

Flotek Industries appoints Amy Blakeway as Senior Vice President, General Counsel, while also filing its 10-K annual report, showcasing a significant financial recovery.

Kathryn Anne Hill, a Director of Flotek Industries Inc/Cn/, received 5,099 shares of common stock on May 15, 2026.

Flotek Industries Director Kevin M. McDonald acquired 5,099 common shares through Restricted Stock Awards.

Director Evan R. Farber acquired 5,099 common shares of Flotek Industries, Inc. as part of a restricted stock award for board service.

Director Michael Fucci acquired 5,099 shares of Flotek Industries common stock as compensation for board service.

Director Harshavardhan V. Agadi was granted 5,099 restricted stock units as compensation for board service at Flotek Industries.

CFO J. Bond Clement reported the acquisition of performance-based shares and subsequent sale of common stock in Flotek Industries.

Flotek Industries, Inc. is calling a special meeting of stockholders on July 9, 2025, to approve the issuance of common stock underlying an April 2025 Warrant to ProFrac GDM, LLC, a transaction valued at $105 million aimed at diversifying into mobile power generation.

Flotek Industries acquires power generation assets from ProFrac for $105 million, securing a six-year lease agreement expected to generate $160 million in revenue and immediate earnings accretion.

Flotek Industries, Inc. has filed a definitive proxy statement with the SEC regarding its upcoming annual meeting.

Flotek Industries is holding its annual shareholder meeting on May 16, 2025, to vote on key proposals including the election of directors, executive compensation, and amendments to its incentive plans.

David Nierenberg has resigned from Flotek Industries' Board of Directors and withdrawn his nomination for re-election, leading to a reduction in the board size.

Flotek Industries, Inc. has filed a definitive proxy statement with the SEC concerning its upcoming annual meeting.

ProFrac Holding Corp. and its affiliates have filed an amended Schedule 13D, increasing their reported beneficial ownership in Flotek Industries, Inc. to 61.1% and seeking shareholder approval for the exercise of a new 6 million share warrant.

ProFrac Holding Corp. has increased its beneficial ownership in Flotek Industries, Inc. to 53.9% through a strategic transaction involving the sale of mobile power generation assets to Flotek's subsidiary, PWRTEK, in exchange for a $40 million secured note and a warrant to acquire 6 million shares.