Flotek Industries (FTK) Divestments (2016 - 2020)
Flotek Industries (FTK) posted quarterly Divestments of $63000.0 for Q3 2020, 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 reported Divestments for 5 consecutive years, with $63000.0 the latest figure, recorded in Q3 2020.
- In Q3 2020, Divestments changed N/A year-over-year to $63000.0; the TTM figure through Jun 2021 stood at $63000.0 (down 99.96% YoY), while the FY2020 annual figure was $9.9 million, down 93.63% from the prior year.
- Divestments fell to $63000.0 in Q3 2020 per FTK's latest filing, from $6.6 million in the prior quarter.
- Across five years, Divestments topped out at $155.2 million in Q4 2019 and bottomed at -$151.9 million in Q2 2019.
- Historically, Divestments has averaged $11.6 million across 5 years, with a median of $391500.0 in 2017.
- On a YoY basis, Divestments climbed as much as 35499.3% in 2019 and fell as far as 35420.93% in 2019.
- Flotek Industries' Divestments stood at -$51000.0 in 2016, then jumped by 2060.78% to $1.0 million in 2017, then soared by 129.5% to $2.3 million in 2018, then jumped by 6660.83% to $155.2 million in 2019, then sank 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 | 80.15 Bn | 76.08 Bn | 4.63 Bn | - |
| 2 | Baker Hughes | 62.03 Bn | 46.30 Bn | 1.58 Bn | - |
| 3 | Tenaris | 52.99 Bn | 43.96 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.81 Bn | 29.57 Bn | 1.40 Bn | - |
| 5 | Halliburton | 29.53 Bn | 27.48 Bn | 2.10 Bn | - |
| 6 | Nov | 7.34 Bn | 6.18 Bn | 521.00 Mn | - |
| 7 | Weatherford International | 6.56 Bn | 5.42 Bn | 662.00 Mn | - |
| 8 | Kodiak Gas Services | 5.79 Bn | 5.65 Bn | 246.76 Mn | - |
| 9 | Archrock | 5.53 Bn | 5.53 Bn | 244.51 Mn | - |
| 10 | Flotek Industries | 895.28 Mn | 890.88 Mn | 23.78 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 |
| Dec 31, 2019 | 155.16 Mn |
| Jun 30, 2019 | -151.88 Mn |
| Mar 31, 2019 | 152.22 Mn |
| Dec 31, 2018 | 2.30 Mn |
| Sep 30, 2018 | -630,000.00 |
| Jun 30, 2018 | 430,000.00 |
| Mar 31, 2018 | -430,000.00 |
| Sep 30, 2017 | 1.00 Mn |
| Jun 30, 2017 | 17.14 Mn |
| Mar 31, 2017 | 353,000.00 |
| Sep 30, 2016 | -51,000.00 |
| Jun 30, 2016 | -118,000.00 |
| Mar 31, 2016 | 169,000.00 |