Flotek Industries, Inc. operates as a technology-driven chemistry and data company, serving customers in industrial, commercial, and consumer markets primarily in the U.S. and the UAE. The company has two main segments: Chemistry Technologies (CT), which generates approximately 60% of revenue, and Data Analytics (DA), contributing around 40%. The CT segment focuses on green specialty chemicals for hydrocarbon producers and cleaning solutions for various surfaces, while the DA segment provides data analytics services related to hydrocarbon fluids. Factors supporting endurance include a focus on sustainable products and the integration of technology in services, while potential limitations arise from reliance on the volatile oil and gas sector and competition in the chemical and data analytics markets.
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Flotek Industries, Inc. operates as a technology-driven chemistry and data company, serving customers in industrial, commercial, and consumer markets primarily in the U.S. and the UAE. The company has two main segments: Chemistry Technologies (CT), which generates approximately 60% of revenue, and Data Analytics (DA), contributing around 40%. The CT segment focuses on green specialty chemicals for hydrocarbon producers and cleaning solutions for various surfaces, while the DA segment provides data analytics services related to hydrocarbon fluids. Factors supporting endurance include a focus on sustainable products and the integration of technology in services, while potential limitations arise from reliance on the volatile oil and gas sector and competition in the chemical and data analytics markets.
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Daily adjusted close
Flotek Industries, Inc. operates as a technology-driven chemistry and data company, serving customers in industrial, commercial, and consumer markets primarily in the U.S. and the UAE. The company has two main segments: Chemistry Technologies (CT), which generates approximately 60% of revenue, and Data Analytics (DA), contributing around 40%. The CT segment focuses on green specialty chemicals for hydrocarbon producers and cleaning solutions for various surfaces, while the DA segment provides data analytics services related to hydrocarbon fluids. Factors supporting endurance include a focus on sustainable products and the integration of technology in services, while potential limitations arise from reliance on the volatile oil and gas sector and competition in the chemical and data analytics markets.