Flotek Industries Announces Live Broadcast of Investor Day Presentations
HOUSTON, February 2, 2015 /PRNewswire/ -- Flotek Industries, Inc. (NYSE: FTK - News) announced today that it will broadcast select presentations from its Investor Day presentations on February 2, 2015.
The Company will broadcast presentations live on Monday, February 2, 2015 beginning at 7:20 a.m. EST. The presentations can be accessed from front page of the Flotek website at www.flotekind.com. Slides for the presentation will also be available.
During the presentations Flotek will highlight the Company’s growing energy chemistry technologies business, including an update on new products based on CnF® chemistries and Flotek’s FracMax™ analytical software, including recent updates that provide additional analytical tools to assist Flotek’s clients in maximizing the impact of fracture stimulation design. In addition, the Company will address new applications of CnF® chemistries in recompletions, remediation and decisions to alter the production profile of wells as well as other uses of the Company’s innovative chemistries.
Furthermore, the Company will discuss its recent asset acquisition of International Artificial Lift, LLC which provides a new leading-edge technology platform for the Company’s production technologies business. In addition, Flotek will discuss recent technology advances in its drilling technologies business including the introduction of TelePulse™, the Company’s Measurement-While-Drilling technology for lateral sections of horizontal wells and update the commercial success of the Stemulator®, Flotek’s axial vibration tool which increases horizontal drillbit penetration.
Presentations will also include an update on international markets, the Company’s financial outlook and a look at the future of Flotek’s research and innovation initiatives.
The presentations should conclude at approximately 10:30 a.m. EST.
About Flotek Industries, Inc.
Flotek is a global developer and distributor of a portfolio of innovative oilfield technologies, including specialty chemicals and down-hole drilling and production equipment. It serves major and independent companies in the domestic and international oilfield service industry. Flotek Industries, Inc. is a publicly traded company headquartered in Houston, Texas, and its common shares are traded on the New York Stock Exchange under the ticker symbol "FTK."
For additional information, please visit Flotek's web site at www.flotekind.com.
Certain statements set forth in this Press Release constitute forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934) regarding Flotek Industries, Inc.'s business, financial condition, results of operations and prospects. Words such as expects, anticipates, intends, plans, believes, seeks, estimates and similar expressions or variations of such words are intended to identify forward-looking statements, but are not the exclusive means of identifying forward-looking statements in this Press Release.
Although forward-looking statements in this Press Release reflect the good faith judgment of management, such statements can only be based on facts and factors currently known to management. Consequently, forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Factors that could cause or contribute to such differences in results and outcomes include, but are not limited to, demand for oil and natural gas drilling services in the areas and markets in which the Company operates, competition, obsolescence of products and services, the Company's ability to obtain financing to support its operations, environmental and other casualty risks, and the impact of government regulation.
Further information about the risks and uncertainties that may impact the Company are set forth in the Company's most recent filings on Form 10-K (including without limitation in the "Risk Factors" Section), and in the Company's other SEC filings and publicly available documents. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this Press Release. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this Press Release.