Flotek Industries, Inc. · NYSE:FTK
Flotek Industries — Investor Presentation (November 2020)
18 slides from Flotek Industries's investor presentation, Nov 18, 2020
Slide 1: Investor Presentation November 2020
INVESTOR PRESENTATION November 2020
Slide 2: Forward Looking Statements
Forward Looking Statements Certain statements set forth in this presentation 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 conditio
Slide 3: Meet the New Flotek
Meet the New Flotek New management team John W. Gibson, Jr. | Chairman, President & CEO Building entrepreneurial culture with commitment to customer success Michael Borton Ryan Ezell, Ph.D. TengBeng Koid CFO President President Unrelenting focus on delivering shareholder Chemical Technologies Global
Slide 4: Flotek's Profile
Flotek’s Profile SUMMARY METRICS NYSE: FTK Flotek Industries, Inc. is a technology- driven, specialty chemistry and data Market Cap: $193.24 million company that serves customers across industrial, commercial and Cash: $49.9 million consumer markets. Debt: $5.7 million* TTM Revenue: $60.561 million
Slide 5: Consumer & Industrial Chemistry as a Common Platform
Consumer & Industrial Chemistry as a Common Platform Utilizing same assets, supply chain, logistics, CHEMISTRY R&D to unique buyers Data and markets – flexibility Analytics to deploy to most attractive market Energy opportunities. 5
Slide 6: Flotek's Business Segments
Flotek’s Business Segments Chemistry Technologies Energy Chemistry Sanitizer & Disinfectants Provides specialty chemicals and Delivers high-quality sanitizing and logistics solutions to oil & gas disinfecting products that meet the producers that improve asset demands across a variety of consumer pe
Slide 7: Continued Execution against Long-Term Strategic Growth Objectives
Continued Execution against Long-Term Strategic Growth Objectives We have adapted our business while focusing on executing against our strategy. Building a strong foundation for 2021 and beyond. • Reduce dependence on rig count • Expand new product lines that create a greater amount of backlog and/o
Slide 8: Flotek Operations
Flotek Operations Global footprint with significant international opportunities across business segments. Flotek Operations Flotek Research 8
Slide 9: Chemistry Technologies: Energy Chemistry
Chemistry Technologies: Energy Chemistry Transformed business offering unique solution to meet the needs of oil and gas market today and the future Flotek’s energy chemistry business offers a unique 2020: A transformative year for our Energy Chemistry and valuable solution in the marketplace segment
Slide 10: Chemistry Technologies: Sanitizer & Disinfectant
Chemistry Technologies: Sanitizer & Disinfectant Business Leverages Flotek’s existing specialty chemistries and diversifies business and revenue stream Q1 2020 Q2 2020 Q3 2020 • Expansion of product line: FDA-and EPA-registered • Launched FDA-quality surface & hand sanitizers for • Began initially a
Slide 11: Flotek Chemistry Capability
PRODUCTS Flotek Chemistry Capability MADE IN THE USA Domestic Blend Facilities 3M+ gal/mo. combined MARLOW, OK WALLER, TX capacity* 90,000 sqft warehouse Full liquid blending and 38,000 sqft warehouse Liquid blending and (heated and ambient bulk storage tanks) QA/QC capabilities (heated and ambient
Slide 12: Data Analytics Diversifying Flotek's Business
Data Analytics Diversifying Flotek’s Business across all Segments of the Hydrocarbon Value Chain The Need for Real-Time Data in the Modern Age of Oil & Gas Digitalization JP3’s technologies are helping One Technology Platform – Wide Range of Applications Flotek customers accelerate the industry’s di
Slide 13: Differentiating Through Research & Innovation
Differentiating Through Research & Innovation Driving innovation in: • Specialty chemical formulations • FDA & EPA regulatory guidance • Data analytics • Basin & reservoir specialization • Technical support & QA/QC 164 • New technology projects and future patent generation products and services asse
Slide 14: Renewed Focus on ESG
Renewed Focus on ESG Environmental focus • Patented Complex nano-fluid® chemistry technologies Flotek is strongly committed to excellence in protecting the built upon naturally sustainable and non-toxic citrus oil from orange peels to improve well performance environment, health, safety and security
Slide 15: Third Quarter 2020 Highlights
Third Quarter 2020 Highlights Financials Business Leadership Consolidated revenue was up 43.5% Expanded Flotek’s existing hand sanitizer Appointed Mike Fucci to Flotek’s Board to versus second quarter of 2020, with line to include disinfectants and surface Directors, adding expertise on human improv
Slide 16: Adapting to an Evolving Environment and Well Positioned for the Future
Adapting to an Evolving Environment and Well Positioned for the Future Flotek’s differentiated business model is positioned to capture growth on profitability Expanding International Diversifying Portfolio Unlocking Digital Transformation Leveraging Flotek’s international market • Diversification of
Slide 17: Investment Highlights
Investment Highlights Leading developer of Disciplined approach to growth and specialty, performance profitability chemistry – Managing expenses – Inventory rationalization Differentiated portfolio – Pivoting business operations Strong R&D Runway of growth capabilities, world- class research & inter
Slide 18: Unaudited Condensed Consolidated Statements of Operations
Flotek Industries, Inc. Unaudited Condensed Consolidated Statements of Operations (in thousands, except per share data) Three Months Ended Nine Months Ended 9/30/2020 9/30/2019 6/30/2020 9/30/2020 9/30/2019 Recent Financials Revenue $ 12,739 $ 21,879 $ 8,880 $ 41,035 $ 99,827 Costs and expenses: Una
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