Flotek Industries (FTK) Divestments (2016 - 2020)
Flotek Industries (FTK) reported Divestments of $63000.0 for Q3 2020, down 99.96% year-over-year from $155.2 million in Q4 2019, and down 99.04% quarter-over-quarter from $6.6 million in Q2 2020.
Flotek Industries (FTK) Divestments (2016 - 2020) Analysis & Trends
Flotek Industries (FTK) has 5 years of Divestments data on file, last reported at $63000.0 in Q3 2020.
- Divestments for Q3 2020 came in at $63000.0, down 99.96% year-over-year; the trailing twelve-month figure through Jun 2021 was $63000.0 (down 99.96% YoY), and the FY2020 annual result was $9.9 million, down 93.63% from the prior year.
- Divestments slipped to $63000.0 in Q3 2020 per FTK's latest filing, from $6.6 million in the prior quarter.
- Over five years, Divestments peaked at $155.2 million in Q3 2019 and troughed at -$151.9 million in Q2 2019.
- A 5-year average of $10.1 million and a median of $261000.0 in 2016 frame the typical range for Divestments.
- The sharpest annual moves came in 2017 and 2019: Divestments jumped 14622.88% in 2017, then tumbled 24007.94% in 2019.
- A 5-year view of Divestments shows it stood at -$954000.0 in 2016, then tumbled by 2265.62% to -$22.6 million in 2017, then jumped by 110.17% to $2.3 million in 2018, then soared by 6660.83% to $155.2 million in 2019, then plunged by 99.96% to $63000.0 in 2020.
- Business Quant data shows FTK's Divestments at $63000.0 in Q3 2020, $6.6 million in Q2 2020, and $3.3 million in Q1 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | - |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 1.38 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | - |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | - |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | - |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | - |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | - |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | - |
| 10 | Flotek Industries | 849.07 Mn | 848.97 Mn | 15.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2020 | 63,000.00 |
| Jun 30, 2020 | 6.56 Mn |
| Mar 31, 2020 | 3.28 Mn |
| Sep 30, 2019 | 155.16 Mn |
| Jun 30, 2019 | -151.88 Mn |
| Mar 31, 2019 | 152.22 Mn |
| Sep 30, 2018 | 2.30 Mn |
| Jun 30, 2018 | -630,000.00 |
| Dec 31, 2017 | -22.57 Mn |
| Sep 30, 2017 | 1.00 Mn |
| Jun 30, 2017 | 17.14 Mn |
| Mar 31, 2017 | 353,000.00 |
| Dec 31, 2016 | -954,000.00 |
| Sep 30, 2016 | 23,000.00 |
| Jun 30, 2016 | -118,000.00 |
| Mar 31, 2016 | 169,000.00 |