Flotek Industries Inc. Stock Analysis FTK

Flotek Industries, Inc. engages in the business of creating unique solutions to reduce the environmental impact of energy on air, water, land, and people. The company is headquartered in Houston, Texas and currently employs 160 full-time employees. The company seeks to provide sustainable and optimized chemistry and data technology solutions for both domestic and international energy markets. Its segments include Chemistry Technologies (CT) and Data Analytics (DA). Its CT segment designs, develops, manufactures, packages and distributes specialty chemicals that help customers improve their return on invested capital, lower operational costs and realize tangible environmental benefits aimed at enhancing the profitability of hydrocarbon producers. DA segment provides analytical measurement solutions. The segment seeks to deliver real-time information and insights to its customers to enable optimization of operations and reduction of emissions and their carbon intensity. The segment also offers a turnkey solution, leveraging its real-time measurement technology to treat and optimize fuels used in remote power generation applications.