Flotek Industries (NYSE:FTK – Get Free Report) is expected to post its Q2 2026 results after the market closes on Tuesday, August 4th. Analysts expect the company to post earnings of $0.13 per share and revenue of $69.5140 million for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, August 5, 2026 at 10:00 AM ET.
Flotek Industries (NYSE:FTK – Get Free Report) last announced its earnings results on Tuesday, May 5th. The oil and gas company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.01). Flotek Industries had a return on equity of 20.70% and a net margin of 11.83%.The company had revenue of $70.05 million for the quarter, compared to the consensus estimate of $63.08 million. On average, analysts expect Flotek Industries to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Flotek Industries Stock Performance
FTK traded down $1.86 on Tuesday, reaching $22.50. The company had a trading volume of 48,587 shares, compared to its average volume of 301,297. Flotek Industries has a fifty-two week low of $10.95 and a fifty-two week high of $28.50. The stock has a market cap of $813.94 million, a P/E ratio of 28.96 and a beta of 1.43. The company’s fifty day moving average is $23.33 and its 200 day moving average is $19.19. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.62 and a current ratio of 1.83.
Wall Street Analyst Weigh In
Get Our Latest Stock Analysis on Flotek Industries
Insider Buying and Selling
In other Flotek Industries news, CFO James Bond Clement sold 12,554 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $20.08, for a total transaction of $252,084.32. Following the completion of the transaction, the chief financial officer directly owned 115,324 shares in the company, valued at $2,315,705.92. The trade was a 9.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.40% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Flotek Industries
Large investors have recently modified their holdings of the business. Millennium Management LLC increased its stake in shares of Flotek Industries by 304.4% in the 3rd quarter. Millennium Management LLC now owns 809,398 shares of the oil and gas company’s stock valued at $11,817,000 after purchasing an additional 609,268 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Flotek Industries by 31.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 425,579 shares of the oil and gas company’s stock worth $6,213,000 after buying an additional 102,136 shares during the last quarter. Invesco Ltd. acquired a new stake in Flotek Industries in the second quarter valued at about $4,436,000. State Street Corp boosted its stake in Flotek Industries by 28.2% in the fourth quarter. State Street Corp now owns 286,531 shares of the oil and gas company’s stock valued at $4,937,000 after buying an additional 63,080 shares in the last quarter. Finally, Manatuck Hill Partners LLC bought a new position in Flotek Industries in the third quarter valued at about $3,854,000. Institutional investors and hedge funds own 10.90% of the company’s stock.
Flotek Industries Company Profile
Flotek Industries, Inc (NYSE: FTK) is a Houston-based oilfield services provider specializing in innovative chemical technologies for the upstream energy sector. The company develops, manufactures and markets specialty drilling fluids, completion fluids and production chemicals that enhance drilling efficiency, optimize well performance and mitigate operational risks. Flotek’s solutions are designed to improve drilling rates of penetration, reduce nonproductive time and address challenging downhole environments, including high-pressure/high-temperature wells and sour service conditions.
Flotek’s operations are organized into three core business segments: Drilling & Completion Fluids, Production Chemicals & Process Management, and Water Solutions.
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