Conclusions The Flotek Portfolio Flotek is a Houston-based oilfield technologies company with focus on value-added drilling, completion and production products. We deliver our services through a network of field offices in key basins…
Conclusions This Mornings Announcements Acquisition of Certain Intellectual Property: Focused on use of Complex nano-Fluid Chemistries in Drilling Fluid Systems. Flotek and Tony Rea have been working together since 2004 on applying…
Conclusions First Quarter Preliminary Results & Historical Context
Conclusions Recent Initiatives: Middle East Developments Flotek formed a joint venture with a subsidiary of Gulf Energy, an Omani integrated oilfield service company, to construct a chemical manufacturing and research facility in the…
Conclusions Energy Chemical Technologies Business Drivers Continued trend toward unconventional resource plays in North America and in international markets. New product innovations: Research & development commitment leading to the…
Conclusions Drilling Technologies Business Drivers Downhole tool growth in key regions including Oklahoma and Eagle Ford Improvement in market share and pricing in drilling motors focus on key regions including Barnett, Bakken &…
Conclusions Artificial Lift Technologies Business Drivers Key customer relationships have evolved from Powder River Basin natural gas (CBM) focus to liquids focus in multiple basins. New pump system technology and partnerships…
Conclusions Where We Have Been
Conclusions Conclusions The balance between intrinsic and extrinsic growth is compelling: Energy Chemistry segment revenue CAGR of 32% is the result of key marketing efforts and additional data showing CnF technologies add value in…
Conclusions For More Information: Christopher S. Edmonds Senior Director Corporate Finance & Strategy 713-726-5376 cedmondsflotekind.com