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Flotek Industries, Inc. - $FTK STOCK NEWS

Welcome to our dedicated page for Flotek Industries news (Ticker: $FTK), a resource for investors and traders seeking the latest updates and insights on Flotek Industries stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Flotek Industries's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Flotek Industries's position in the market.

Rhea-AI Summary
Flotek to discuss market prospects and revenue growth opportunities in fireside chat with Water Tower Research
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Rhea-AI Sentiment
End-of-Day
1.39%
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conferences
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Rhea-AI Summary
Flotek Industries, Inc. has announced three internal executive appointments to solidify the Company's leadership team. Nathan Snoke is promoted to Senior Vice President - Global Business Lines, Shane Wise to Senior Vice President - Operations, and Andrea Berry to Vice President of People Operations. The promotions aim to strengthen the platform for continued growth and profitability. The executives bring over 60 years of experience and diverse backgrounds to the team.
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management
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Rhea-AI Summary
Flotek Industries, Inc. has entered into a revolving loan and security agreement with Amerisource Funding, Inc. The agreement provides for a 24-month term with up to $10 million of initial credit availability. The credit availability is expected to be increased by the lesser of 50% of the appraised value of the real estate and $5 million. The loan bears interest at the Wall Street Journal Prime Rate plus 2.5% per annum and will be used for working capital and other general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.25%
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none
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-3.57%
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3.9%
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none
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End-of-Day
2.6%
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End-of-Day
-2.7%
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none
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Rhea-AI Summary
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3.23%
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none
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Rhea-AI Sentiment
End-of-Day
4.84%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.06%
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Flotek Industries, Inc.

NYSE:FTK

FTK Rankings

FTK Stock Data

105.00M
28.29M
39.6%
14.25%
1.43%
Oil and Gas Field Machinery and Equipment Manufacturing
Manufacturing
Link
United States of America
HOUSTON

About FTK

chemical & logistics division develops, manufactures and sells specialty chemicals used in oil and gas well stimulation, cementing and blending. drilling products division designs, manufactures, repairs, markets and installs downhole drilling tools utilized in oilfield, mining, and water industries. artificial lift division provides pumping system components including electric submersible pumps or esps, gas separators, production valves.