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
DateValue
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