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Flotek Industries, Inc. (AMEX: FTK) manufactures and and markets the Petrovalve line of downhole pump components and the Spidle Turbeco line of downhole drilling tools and casing accessories. The company's other business is the specialty chemicals segment (CESI), which develops, manufactures, packages and sells chemicals used by other oilfield service companies in oil and gas well cementing, stimulation, acidizing, drilling and production. The company is headquartered in Houston, Texas.

[edit] Growth Strategy

  • Generate sustainable earnings and revenue growth
  • Seek attractive acquisitions in strategic markets
  • Organic growth through R&D

[1]

[edit] Financials

  • Revenue of $101 million in 2006, up from $53 million in 2005
  • Net Income of $11.4 million in 2006, up from $7.7 million in 2005

References
1. Investor presentation, Houston Energy Financial Forum, November 12-15, 2007

[edit] References

  1. ↑ FTK
Retrieved from "http://www.wikinvest.com/stock/Flotek_Industries_(FTK)"
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