Flotek Industries, Inc.

Sector: Oil And Gas Field Machinery And Equipment Region: TX, United States

Exchange/Ticker: New York Stock Exchange: FTK

Company Description

Flotek Industries, Inc. engages in supply of drilling and production related products and services to the energy and mining industries. The company operates through three reportable segments: Chemicals, Drilling and Artificial Lift. The Chemicals segment consists of two business divisions: Specialty Chemicals and Logistics. The Specialty Chemicals division designs, develops, manufactures, packages and sells chemicals used by oilfield service companies in oil and gas well drilling, cementing, stimulation and production activities. The Logistics division manages automated handling, loading facilities, and blending capabilities of bulk materials for oilfield service companies. The Drilling segment rents, inspects, manufactures and markets down-hole drilling equipment for the energy, mining, water well and industrial drilling sectors. The Artificial Lift segment manufactures and markets artificial lift equipment, including the Petrovalve line of rod pump components, electric submersible pumps, gas separators, valves and services that support coal bed methane production. Flotek Industries was founded on May 17, 1985 and is headquartered in Houston, TX.

Similar to: Exterran Holdings, Inc., Trinidad Drilling Ltd.

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