Flotek Industries Inc

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  • uploads///OFS Losers WU_
    Basic Materials

    These Stocks Were the Biggest Oilfield Services Losers Last Week

    In the week ending September 8, 2017, Flotek Industries (FTK) led the losing stocks from the oilfield services sector.

    By Nicholas Chapman
  • uploads///EBITDA Top
    Company & Industry Overviews

    Best Oilfield Service Stocks for 4Q16: Earnings Growth

    Wall Street analysts expect Flotek Industries (FTK) to register positive EBITDA (or earnings before interest, tax, depreciation & amortization) in 4Q16.

    By Alex Chamberlin
  • uploads///EPS
    Earnings Report

    What Do Analysts Expect from Flotek’s 4Q16 Earnings?

    In 4Q16, analysts expect Flotek Industries (FTK) to post an adjusted loss per share of ~$0.04.

    By Alex Chamberlin
  • uploads///Correlation
    Basic Materials

    How Schlumberger Reacted to Crude Oil’s Moves Last Week

    In the week ending July 27, Schlumberger’s (SLB) correlation with crude oil was 0.48.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Miscellaneous

    Wall Street Analysts’ Forecasts for Flotek Industries

    On May 3, 2017, after Flotek Industries’ 1Q17 earnings were released, all of the sell-side analysts tracking Flotek Industries rated it as a “buy.”

    By Alex Chamberlin
  • uploads///Upstream capex and EBITDA
    Miscellaneous

    How Flotek Could React to Upstream Operators’ Capex and the Rig Count

    From 1Q16 to 1Q17, Flotek’s EBITDA margin shrank to 3.3% from 4.1%. FTK’s EBITDA margin has been 1.7%, on average, for the past five quarters.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Basic Materials

    Wall Street’s Forecasts for WFT after Its 2Q16 Earnings

    In this article, we’ll look at Wall Street analysts’ forecasts for Weatherford International’s (WFT) shares following its 2Q16 earnings release.

    By Alex Chamberlin
  • uploads///Stock Prices
    Basic Materials

    FTK, SLCA, and SPN: Returns and Outlook for 1Q18

    Since February 22, Flotek Industries’ (FTK) stock price has generated -56% returns as of February 21.

    By Alex Chamberlin
  • uploads///EPS
    Basic Materials

    What Analysts Expect from Flotek Industries’ 3Q17 Earnings

    In 3Q17, analysts expect Flotek Industries (FTK) to report adjusted earnings per share of $0.02. Wall Street expects FTK’s revenues to rise 1% over 2Q17 to $86.2 million.

    By Alex Chamberlin
  • uploads///Adjusted versus Estimates
    Earnings Report

    What Do Analysts Expect of Halliburton’s 4Q16 Earnings?

    Wall Street analysts expect Halliburton’s (HAL) 4Q16 adjusted earnings per share to reach $0.013—a 29% improvement over its 3Q16 adjusted earnings.

    By Alex Chamberlin
  • uploads///Stock Prices
    Basic Materials

    What Are Schlumberger’s SPM Project Plans?

    In the past one year, SLB has performed nearly in line with the industry ETF and has hugely underperformed the broader market index.

    By Alex Chamberlin
  • uploads///Reveue and earnings
    Company & Industry Overviews

    What Affected Flotek Industries’ Earnings in 4Q16

    In terms of operating income, FTK’s Energy Chemistry Technologies segment fell 34% from 4Q15 to 4Q16.

    By Alex Chamberlin
  • uploads///Correlation
    Basic Materials

    How Halliburton Has Reacted to Crude Oil Prices

    Between April 16 and April 23, Halliburton (HAL) stock’s price correlation with crude oil was 0.99, showing that Halliburton and crude oil prices have been strongly correlated in the past week.

    By Alex Chamberlin
  • uploads///IV
    Basic Materials

    A Look at Weatherford International’s Stock Price Forecast

    On July 17, Weatherford International’s (WFT) implied volatility was ~65.2%.

    By Alex Chamberlin
  • uploads///oil pump jack _
    Basic Materials

    TechnipFMC’s Q2 2018 Earnings Missed the Estimates

    TechnipFMC (FTI) released its second-quarter financial results on July 25 after the market closed. The company recorded operating revenues of $2.96 billion.

    By Alex Chamberlin
  • uploads///Correlation
    Basic Materials

    Halliburton Reacts to Changing Crude Oil Prices: Update

    Halliburton’s (HAL) stock price correlation with crude oil on July 20–27 was 0.22—a moderately positive correlation.

    By Alex Chamberlin
  • uploads///Estimated Rev and Net Income
    Company & Industry Overviews

    What Is Patterson-UTI Energy’s Guidance on Its 4Q16 Results?

    On January 23, 2017, Patterson-UTI Energy (PTEN) provided an update on its revenues and earnings for 4Q16. PTEN expects its revenues to increase 20% to $247 million in 4Q16, compared to $206.3 million in 3Q16.

    By Alex Chamberlin
  • uploads///oil rig _
    Basic Materials

    What Analysts Expect for Halliburton’s Q2 2018 Earnings

    Analysts expect Halliburton (HAL) to report adjusted EPS of $0.58 in Q2 2018, a 41% improvement from its Q1 2018 adjusted EPS of $0.41.

    By Alex Chamberlin
  • uploads///Segment Revenue
    Earnings Report

    Will Strategic Alternatives Shape Flotek Industries in 2017?

    The Energy Chemistry Technology segment accounted for 76% of Flotek Industries’ revenues in 1Q17. The segment’s revenues rose 36% in 1Q17—compared to 1Q16.

    By Alex Chamberlin
  • uploads///EPS Top
    Company & Industry Overviews

    Best Oilfield Services Stocks for 1Q17 by EPS Growth

    Among our group of OFS companies, analysts expect Halliburton (HAL) to see the highest rise in adjusted EPS in 1Q17.

    By Alex Chamberlin
  • uploads///Net Debt
    Company & Industry Overviews

    Analyzing National Oilwell Varco’s Debt—A 2% Year-over-Year Fall

    National Oilwell Varco’s (NOV) total debt decreased ~18% in 4Q16 over 4Q15. Its cash and marketable securities decreased 31% during the same period.

    By Alex Chamberlin
  • uploads///Upstream capexx and EBITDA
    Basic Materials

    How Rig Count and Upstream Operator Capex Affected FTK

    From 2Q16 to 2Q17, Flotek Industries’ (FTK) EBITDA margin (or EBITDA as a percentage of revenues) improved to 2.3% from 0.7%.

    By Alex Chamberlin
  • uploads///Revennue Change
    Basic Materials

    Schlumberger’s Earnings Drivers in 2Q17

    Schlumberger’s revenues from North America staged a noteworthy recovery, rising 27% from 2Q16 to 2Q17.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Basic Materials

    Analysts’ Recommendations for RES, DRQ, WFT, PTEN, and FTK

    Approximately 79% of the Wall Street analysts tracking Patterson-UTI Energy (PTEN) have recommended a “buy” or some equivalent as of May 15.

    By Alex Chamberlin
  • uploads///Net DEBT
    Basic Materials

    A Look at Flotek Industries’ Debt Position in 2Q17

    In 2Q17, Flotek Industries’ (FTK) total debt fell ~34% compared to 2Q16.

    By Alex Chamberlin
  • uploads///Volume and Well growth
    Miscellaneous

    How Is Flotek Industries Positioned to Grow in 2017?

    In 2017, crude oil prices have lost nearly 16%, after recovering 45% in 2016.

    By Alex Chamberlin
  • uploads///MA Price
    Miscellaneous

    Why Schlumberger’s Stock Price Is Bearish

    In the past year, Schlumberger’s stock price rose until January 2017. Schlumberger’s revenue fell slowly in the four quarters leading up to 1Q17.

    By Alex Chamberlin
  • uploads///Revenue and Earnings
    Company & Industry Overviews

    Which of Flotek Industries’ Segments Has Weakened the Most?

    FTK’s segment-wise income We discussed Flotek Industries’ (FTK) revenue in the previous part of this series. Operating income–wise, FTK’s Energy Chemistry Technologies segment fell 56.6% between 3Q15 and 3Q16. In contrast, its Consumer and Industrial Chemistry Technologies segment’s operating income rose ~41%. Between 3Q15 and 3Q16, Flotek Industries’ US revenue fell ~21%. Its revenue from […]

    By Alex Chamberlin
  • uploads///US Revenue and Rig Count
    Earnings Report

    Will US Rig Count Affect Flotek Industries in 4Q16?

    In 3Q16, FTK’s US revenue share fell to 79% compared to 84% in 3Q15.

    By Alex Chamberlin
  • uploads///Segments
    Basic Materials

    What Affected Flotek Industries in 2Q17?

    We’ll now look into Flotek Industries’ (FTK) segment performance in 2Q17. Revenues in the Energy Chemistry Technology (or ECT) segment rose 2% in 2Q17 over a year ago.

    By Alex Chamberlin
  • uploads///Correlation
    Basic Materials

    ION Geophysical Reacts to Crude Oil

    ION Geophysical’s (IO) correlation with crude oil on April 19–July 19 was 0.30. The correlation represents a positive relationship.

    By Alex Chamberlin
  • uploads///RV
    Basic Materials

    Flotek Industries’ Current Valuation versus Its Peers

    Sell-side analysts expect Flotek’s adjusted EBITDA to rise sharper in the next four quarters compared to its peers.

    By Alex Chamberlin
  • uploads///MA Price
    Company & Industry Overviews

    Is Weatherford International’s Stock Price Turning Bullish?

    On March 1, 2017, oilfield equipment and services company Weatherford International was trading at $5.84, a ~6% fall compared to the previous year.

    By Alex Chamberlin
  • uploads///NA Rev and Rig Count
    Earnings Report

    Will US Rig Count Affect Schlumberger in 4Q16?

    From September 30, 2016 through December 30, 2016, the US rig count rose 26.0%. A higher US rig count could increase Schlumberger’s (SLB) 4Q16 revenues and earnings.

    By Alex Chamberlin
  • uploads///EPS
    Basic Materials

    Why Flotek Industries’ 4Q17 Earnings Beat Estimates

    Flotek Industries (FTK) released its 4Q17 financial results on February 20. The company recorded operating revenues of $72.5 million in 4Q17, up 2.7% from the $70.6 million recorded in 4Q16.

    By Alex Chamberlin
  • uploads///Segment Rev Change
    Earnings Report

    Which Factors Affected Flotek Industries in 3Q16?

    Revenues for Flotek’s (FTK) Energy Chemistry Technologies segment fell 25.0% in 3Q16 over a year ago. The segment’s operating income fell 56.6%.

    By Alex Chamberlin
  • uploads///SI
    Company & Industry Overviews

    Short Interest in Flotek Falling: What Does It Mean?

    Short interest in FTK Flotek Industries’ (FTK) short interest as a percentage of float was 21.3% on December 20, compared with 23.3% on September 30. Since the end of 3Q16, FTK’s short interest has fallen 10%. FTK’s share price and short interest as a percentage of float been mostly inversely related in the past three years. […]

    By Alex Chamberlin
  • uploads///Correlation
    Basic Materials

    How Is Weatherford Reacting to Crude Oil’s Change?

    The correlation between Weatherford International’s (WFT) stock price and crude oil’s price from April 17 to July 16 was 0.03.

    By Alex Chamberlin
  • uploads///rig _
    Basic Materials

    What Do Analysts Expect from WFT’s Q2 2018 Earnings?

    Weatherford International (WFT) plans to hold its Q2 earnings call on July 27. Analysts expect an adjusted loss of $0.18 per share for WFT.

    By Alex Chamberlin
  • uploads///Correlation
    Basic Materials

    National Oilwell Varco Reacts to Crude Oil’s Change

    The correlation between National Oilwell Varco’s (NOV) stock price and crude oil prices on April 16–July 16 was 0.52.

    By Alex Chamberlin
  • uploads///Correlation
    Basic Materials

    How TechnipFMC Is Reacting to Crude Oil’s Moves

    TechnipFMC’s (FTI) stock price correlation with crude oil from April 10, 2017, to July 10, 2018, was 0.11.

    By Alex Chamberlin
  • uploads///Correlation
    Basic Materials

    How Is Oceaneering International Reacting to Crude Oil’s Price?

    OII’s correlation with crude oil’s price from March 21 to June 21 represented a positive relationship between OII and crude oil.

    By Alex Chamberlin
  • uploads///SI
    Basic Materials

    How National Oilwell Varco’s Short Interest Compares

    Short interest in National Oilwell Varco (NOV) as a percentage of its float was 6.1% as of April 16, 2018.

    By Alex Chamberlin
  • uploads///Top Cover page
    Basic Materials

    Top 5 OFS Companies by Expected Revenue Growth in 1Q18

    On average, Wall Street analysts expect the OFS industry’s revenues, excluding offshore drillers, to shrink 1.3% in 1Q18—compared to 4Q17.

    By Alex Chamberlin
  • uploads///FTK
    Basic Materials

    Flotek Industries: Best-Performing OFS Stock This Year

    Flotek Industries’ (FTK) YTD returns are 31.5% as of March 13, 2018. In comparison, the Energy Select Sector SPDR ETF (XLE) has decreased 6% YTD.

    By Alex Chamberlin
  • uploads///Stock Prices
    Basic Materials

    Returns from OFS Stocks Trading at a Discount

    Flotek Industries underperformed OIH in the past year. Since March 10, 2017, Flotek Industries stock has decreased ~44%.

    By Alex Chamberlin
  • uploads///SI
    Basic Materials

    Analyzing the Short Interest in FTK, OIS, NOV, SPN, and FMSA

    The short interest in Flotek Industries (FTK) as a percentage of its float was 18.8% as of March 9, 2018—compared to 26.0% as of March 10, 2017.

    By Alex Chamberlin
  • uploads///FTK
    Basic Materials

    What Does Flotek Industries’ Forward Valuation Suggest?

    Flotek Industries’ forward EV-to-EBITDA multiple (11.7x) is significantly lower than its current EV-to-EBITDA multiple (~199x).

    By Alex Chamberlin
  • uploads///oil pump jack sunset clouds
    Basic Materials

    Ranking OFS Companies by Their Valuation Multiples

    Flotek Industries’ (FTK) forward EV-to-EBITDA multiple is at the steepest discount to its current EV-to-EBITDA multiple on March 9, 2018.

    By Alex Chamberlin
  • uploads///Energy MWU_ OFS Gainers
    Basic Materials

    A Look at the Top Oilfield Services Gainers So Far This Week

    In the week starting March 5, 2018, Superior Energy Services (SPN) is the top gainer in the oilfield services group.

    By Nicholas Chapman
  • uploads///Broker Recommendations
    Basic Materials

    Wall Street’s Forecasts for Weatherford after Its 4Q17 Earnings

    Wall Street analysts’ mean target price for Weatherford International (WFT) on February 2 was ~$5.30. WFT is currently trading at ~$3.50, implying an ~52.0% upside at its current price.

    By Alex Chamberlin
  • uploads///Energy MWU_ OFS Gainers
    Basic Materials

    Oilfield Services Gainers: FTK, FTI, DRQ, RES, and NOV

    In the week starting November 27, 2017, Flotek Industries (FTK) is at the top of the list of gainers from the oilfield services group.

    By Nicholas Chapman
  • uploads///IV
    Basic Materials

    What We Can Forecast for TechnipFMC Next Week

    On November 9, TechnipFMC’s (FTI) implied volatility was 31.5%. Since FTI’s 3Q17 financial results were announced on October 25, its implied volatility has fallen marginally.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Basic Materials

    Wall Street’s Forecast for Flotek Industries before Its 3Q17 Earnings

    On October 16, 2017, all analysts tracking Flotek Industries rated it as a “buy” or some equivalent.

    By Alex Chamberlin
  • uploads///SI
    Basic Materials

    A Look at Short Interest in Flotek Industries on October 16

    Short interest in Flotek Industries (FTK) as a percentage of its float was 20.3% on October 16, 2017, compared to 22.8% on June 30, 2017.

    By Alex Chamberlin
  • uploads///Energy WU_ OFS Losers
    Basic Materials

    Flotek Industries Stock: Biggest Fall in the Industry

    Having looked at the percentage gainers this week, we’ll now move on to the percentage losers from the oilfield services (or OFS) sector in the United States from September 25 to 27.

    By Nicholas Chapman
  • uploads///EnergySector_WU__OFS Gainers
    Basic Materials

    Oilfield Services Gainers: TTI, IO, FTK, TESO, and NR

    Tetra Technologies (TTI) is at the top of the list of gainers from the oilfield services group. TTI increased from its previous week’s close of $2.05 to $2.47 on September 14—a sizeable increase of ~20%.

    By Nicholas Chapman
  • uploads///Upstream capex and EBITDA
    Basic Materials

    What’s Affected National Oilwell Varco’s Margin in 2017

    Upstream operators’ capex cut Between 2Q16 and 2Q17, 19 of the largest US energy exploration and production companies, in aggregate, slashed their capex by 8%. In general, lower upstream capex results in lower revenue and narrower operating margins for oilfield services and equipment companies. National Oilwell Varco’s earnings margin As shown in the graph above, National Oilwell […]

    By Alex Chamberlin
  • uploads///IV
    Basic Materials

    Here’s What We Can Forecast for Halliburton Next Week

    In January 2016, Halliburton’s implied volatility was one of the highest in the past three years at ~52.0%. Since then, its implied volatility has fallen sharply.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Basic Materials

    Wall Street Analysts’ Recommendations for Flotek Industries

    On August 10, 2017, all of the sell-side analysts tracking Flotek Industries rated it as a “buy.” None of the analysts rated Flotek as a “hold” or “sell.”

    By Alex Chamberlin
  • uploads///IV
    Basic Materials

    Flotek Industries’ Stock Price Forecast on August 10

    Flotek stock will likely close between $6.42 and $5.50 in the next seven days. Flotek’s stock price was $5.96 on August 10, 2017.

    By Alex Chamberlin
  • uploads///FCF
    Basic Materials

    How Flotek Industries’ 2017 Capex Plans Changed

    Flotek Industries’ (FTK) cash from operating activities (or CFO) remained negative in 2Q17, continuing with a negative cash flow trend in 1Q17.

    By Alex Chamberlin
  • uploads///Stock Price and outlook
    Basic Materials

    What Could Drive Flotek Industries’ Growth?

    Flotek Industries’ (FTK) management expressed optimism about improving pricing for FTK’s complex nano-Fluid (or CnF) products despite higher raw material costs.

    By Alex Chamberlin
  • uploads///Correlation
    Basic Materials

    How Schlumberger Correlates with Crude Oil

    The correlation coefficient between the West Texas Intermediate (or WTI) crude oil price and Schlumberger’s (SLB) stock price between August 4, 2016, and August 4, 2017, is 0.62.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Miscellaneous

    Flotek on the Street: The Latest Analyst Recommendations

    According to Reuters, on June 30, 2017, all of the sell-side analysts tracking Flotek Industries (FTK) have rated the stock a “buy” or some equivalent.

    By Alex Chamberlin
  • uploads///Segment Rev Change
    Earnings Report

    What Drove Schlumberger in 1Q17

    Schlumberger’s 1Q17 revenue by geography From 4Q16 to 1Q17, Schlumberger (SLB) witnessed 6% revenue growth in North America, while it saw a steep revenue decline of ~10% in the Europe/CIS[1.Commonwealth of Independent States]/West Africa region. Schlumberger’s revenue from Latin America was resilient in 1Q17, remaining unchanged from 4Q16. Schlumberger accounts for 6.5% of the ProShares […]

    By Alex Chamberlin
  • uploads///IV
    Miscellaneous

    What’s Flotek Industries’ Stock Price Forecast on July 3?

    On July 3, 2017, Flotek’s (FTK) implied volatility was ~58%. Since its 1Q17 earnings were announced on May 3, 2017, FTK’s implied volatility has remained unchanged.

    By Alex Chamberlin
  • uploads///RV
    Miscellaneous

    Weighing Flotek’s Current Valuation against Peers

    Sell-side analysts expect FTK’s adjusted EBITDA to rise more sharply over the next four quarters than those of its peers.

    By Alex Chamberlin
  • uploads///FCF
    Miscellaneous

    Inside Flotek Industries’ New 2017 Capex Plan

    Flotek’s (FTK) CFO (cash from operating activities) was negative in 1Q17, after being positive for three quarters. FTK’s CFO was -$2.5 million in 1Q17.

    By Alex Chamberlin
  • uploads///Upstream capex and EBITDA
    Miscellaneous

    Reading Upstream Operators’ Capexes and Nabors Industries’ Margin

    From 1Q16 to 1Q17, Nabors Industries’ EBITDA (earnings before interest, tax, depreciation, and amortization) margin contracted to 17.8% from 27.1%.

    By Alex Chamberlin
  • uploads///IV
    Miscellaneous

    Here’s What We Can Expect for Baker Hughes Next Week

    On June 13, 2017, Baker Hughes’s (BHI) implied volatility was 20.3%.

    By Alex Chamberlin
  • uploads///FCF
    Miscellaneous

    A Look at Patterson-UTI Energy’s Higher 2017 Capex Plan

    Patterson-UTI Energy’s capex budget for 2017 is $450.0 million. That’s 275.0% higher than its 2016 capex.

    By Alex Chamberlin
  • uploads///Revenue Split
    Miscellaneous

    What Were Schlumberger’s Drivers in 1Q17?

    Schlumberger’s (SLB) Latin America region witnessed the highest revenue decline (30% fall) in 1Q17—compared to 1Q16.

    By Alex Chamberlin
  • uploads///Upstream capex and EBITDA
    Miscellaneous

    Will Upstream Operators’ Capex Affect NOV’s Margins in 2017?

    In the past couple of years, some of the major US upstream and integrated companies have reduced their capital expenditures, following crude oil’s sharp price decline.

    By Alex Chamberlin
  • uploads///Rig Count and Revenue
    Earnings Report

    Where Superior Energy Stands amid the US Rig Count in 1Q17

    In 4Q16, Superior Energy Services’ (SPN) revenue share from North America increased.

    By Alex Chamberlin
  • uploads///IV
    Earnings Report

    A Look at the 7-Day Stock Price Forecast for Halliburton

    On April 7, 2016, Halliburton’s (HAL) implied volatility was ~29%.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Miscellaneous

    Flotek Industries: Wall Street Analysts’ Latest Recommendations

    In this article, we’ll look at changes in Wall Street analysts’ recommendations for Flotek Industries (FTK).

    By Alex Chamberlin
  • uploads///RV
    Company & Industry Overviews

    How Flotek Industries Is Valued versus Peer Stocks

    Core Laboratories (CLB) is the largest company by market capitalization among our set of select oilfield services and equipment (or OFS) companies…

    By Alex Chamberlin
  • uploads///FCF
    Company & Industry Overviews

    Flotek Industries’ Capex: Impact of a Credit Facility Agreement

    In this article, we’ll analyze how Flotek Industries’ (FTK) operating cash flows trended over the past few quarters.

    By Alex Chamberlin
  • uploads///Segments
    Company & Industry Overviews

    What’s Affecting Flotek Industries’ Revenue

    We’ll now look into Flotek Industries’ (FTK) segment performance in 4Q16. The Energy Chemistry Technologies segment accounted for 68% FTK’s 4Q16 revenues.

    By Alex Chamberlin
  • uploads///MA Price
    Company & Industry Overviews

    Why Flotek Industries’ Stock Price Is Bullish

    On February 24, Flotek Industries was trading at $12.98—up ~92% in the past year. We’ll find out why in this series.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Earnings Report

    What Are Wall Street’s Forecasts for Flotek before 4Q16 Earnings?

    On January 13, all the analysts tracking Flotek Industries rated it a “buy” or some equivalent.

    By Alex Chamberlin
  • uploads///IV
    Earnings Report

    Analyzing Tidewater’s Implied Volatility

    Since Tidewater’s fiscal 2Q17 financial results were announced on November 7, 2016, its implied volatility has decreased from 258% to the current level.

    By Alex Chamberlin
  • uploads///IV
    Earnings Report

    What Does Flotek Industries’ Implied Volatility Suggest?

    On January 13, 2017, Flotek Industries (FTK) had an implied volatility of 81%.

    By Alex Chamberlin
  • uploads///Capex and Margin
    Earnings Report

    Will Upstream Operators’ Capex Affect Flotek’s 4Q16 Margin?

    In the past couple of years, some of the major US upstream and integrated companies have reduced capital expenditure as a result of crude oil’s sharp decline.

    By Alex Chamberlin
  • uploads///Segment Revenue
    Earnings Report

    What Are Flotek Industries’ Growth Drivers for 4Q16?

    Revenues in Flotek Industries’ (FTK) Energy Chemistry Technologies segment fell 25% in 3Q16 over 3Q15.

    By Alex Chamberlin
  • uploads///IV
    Earnings Report

    What Does Schlumberger’s Implied Volatility Imply?

    Since Schlumberger’s (SLB) 3Q16 results were announced on October 20, 2016, its implied volatility has fallen from ~23.0% to ~22.0%.

    By Alex Chamberlin
  • uploads///IV Top
    Company & Industry Overviews

    Top Oilfield Service Stocks: Analyzing Implied Volatility

    In this article, we’ll compare implied volatility fr the top oilfield services (or OFS) companies, as rated by Wall Street analysts, for 4Q16.

    By Alex Chamberlin
  • uploads///Broker Recco
    Company & Industry Overviews

    Are Analysts Changing Their Recommendations on Flotek Industries?

    Wall Street’s recommendations on Flotek Industries In this article, we’ll look at changes in Wall Street analysts’ recommendations for Flotek Industries (FTK) between September and December. Consensus rating for Flotek Industries In December so far, 100% of the analysts tracking Flotek Industries have rated it a “buy” or some equivalent. In comparison, approximately 83% of […]

    By Alex Chamberlin
  • uploads///IV
    Company & Industry Overviews

    Did Schlumberger’s Implied Volatility Fall?

    On December 22, Schlumberger had an implied volatility of ~20%. Since its 3Q16 financial results were announced on October 20, its implied volatility fell.

    By Alex Chamberlin
  • uploads///FCF
    Company & Industry Overviews

    The Effect of a Credit Facility Agreement on Flotek’s Capex

    Flotek Industries’ operating cash flow In this article, we’ll analyze how Flotek Industries’ (FTK) operating cash flow has trended over the past few quarters. We’ll also discuss how its capital expenditure (capex) affected its free cash flow (or FCF). Flotek Industries’ cash from operating activities (or CFO) fell 62% between 3Q15 and 3Q16. FTK generated […]

    By Alex Chamberlin
  • uploads///US Rev and Rig Count
    Company & Industry Overviews

    Could the US Rig Count Affect Flotek Industries in 4Q16?

    Flotek Industries’ US revenue In the past year, Flotek Industries’ (FTK) revenue share from the United States has fallen. In 3Q16, it fell to 79%, compared with 84% in 3Q15. During the same period, FTK’s aggregate revenue fell 16%. FTK makes up only 0.06% of the iShares Russell 2000 Growth ETF (IWO). The energy sector […]

    By Alex Chamberlin
  • uploads///Segment Rev
    Company & Industry Overviews

    What’s Affecting Flotek Industries?

    Flotek Industries’ revenue growth by segments Flotek Industries’ (FTK) Energy Chemistry Technologies segment accounted for 61% of FTK’s 3Q16 revenue. Revenue in this segment fell 25% between 3Q15 and 3Q16. Flotek Industries makes up 0.15% of the iShares S&P Small-Cap 600 Value ETF (IJS). The energy sector accounts for 4.3% of IJS. The Consumer and […]

    By Alex Chamberlin
  • uploads///Management Guidance
    Earnings Report

    What’s Flotek Industries’ Guidance for 4Q16?

    Flotek Industries’ guidance On December 20, Flotek Industries (FTK) released an update on 4Q16’s segment-wise revenue and margins. The company’s management expects FTK’s Energy Chemistry Technologies revenue to rise 10%–15% between 3Q16 and 4Q16. The guidance is based on higher energy prices and a rising rig count in the United States. However, the company expects the […]

    By Alex Chamberlin
  • uploads///Correlation
    Company & Industry Overviews

    What’s the Correlation between HAL’s Stock and Crude Oil?

    The correlation coefficient between HAL and crude oil prices measures the statistical relationship between the two variables.

    By Alex Chamberlin
  • uploads///Correlation
    Company & Industry Overviews

    How Do the Prices of BHI Stock and Crude Oil Correlate?

    The correlation coefficient between Baker Hughes’s stock price and crude oil prices from December 2015 to the present is 0.56.

    By Alex Chamberlin
  • uploads///SPN SI
    Earnings Report

    Short Interest in SPN Has Risen, but What’s That Mean?

    Short interest in Superior Energy Services’ (SPN) stock as a percentage of its float was 10.4% on October 13, as compared to 6.9% on June 30.

    By Alex Chamberlin
  • uploads///Revenue and Rig Count
    Basic Materials

    How Much Will Rig Count Affect Patterson-UTI Energy in Fiscal 3Q16?

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