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$FTK

3 stories mentioning FTKUpdated 11d ago

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Update: Flotek Industries Shares Rise After Raising 2026 Revenue Guidance

(Updates with the company's recent stock move in the headline and the first paragraph.)Flotek Industries (FTK) shares rose more than 12% in Wednesday trading after the company raised its full-year 2026 revenue guidance.The company said it expects 2026 revenue of $360 million to $370 million, up from its previous outlook of $340 million to $350 million.Analysts polled by FactSet expect $345.4 million.Price: $27.38, Change: $+3.01, Percent Change: +12.35%

$FTK
Wire

Top Midday Gainers

Gran Tierra Energy (GTE) shares soared 37% after the company said Wednesday it agreed to sell its oil business in Colombia and Ecuador to Paris-listed Etablissements Maurel & Prom for an enterprise value of $1.33 billion.More than 18.7 million shares traded intraday, compared with a daily average of about 325,000.Flotek Industries (FTK) raised its 2026 guidance following its Q2 results late Tuesday.Shares jumped 25%, with intraday trading volume rising to more than 1.1 million from a daily average of about 335,000.Charles River Laboratories International (CRL) on Wednesday reported fiscal Q2 non-GAAP earnings and sales above market expectations and raised its 2026 non-GAAP EPS guidance.Shares climbed up 10%, with intraday trading volume rising to over 1.1 million from a daily average of roughly 893,000.Price: $9.37, Change: $+2.54, Percent Change: +37.19%

$CRL$FTK$GTE
Wire

Update: Flotek Industries Shares Rise After Signing 10-Year Contract Worth Up to $400 Million in Puerto Rico

(Updates with the latest stock movement in the first paragraph and headline.)Flotek Industries (FTK) shares were up 11% in Monday trading after the company said it signed a 10-year agreement supporting natural gas-fired grid enhancement projects for the Puerto Rico Electric Power Authority, with an expected $400 million revenue backlog.Under the deal, Flotek said it will provide gas-fired power generation equipment and deploy its smart conditioning and distribution systems as part of a 400-megawatt emergency power initiative.The company said it expects annual revenue of about $40 million at full deployment, with equipment rollout beginning in Q4.Price: $26.14, Change: $+2.60, Percent Change: +11.05%

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