Theodore Brown - Flotek Industries Independent Director
| FTK Stock | USD 7.68 0.00 0.00% |
Director
Mr. Theodore D. Brown is an Independent Director of Flotek Industries, Inc. Mr. Brown joined the Board as a Director in November 2013, became a member of the Corporationrationrate Governance and Nominating Committee in January 2014, and became a member of the Compensation Committee in May 2014. Currently, Mr. Brown is President and CEO of Confluence Resources LP, a private oil and gas exploration and production company formed in 2016 and based in Denver, Colorado. Prior to forming Confluence, Mr. Brown was Senior Vice President and Advisor to the CEO and President of Noble Energy, Inc. until his retirement on January 31, 2015. Mr. Brown joined Noble Energy in 2005 in Noble Energys merger with Patina Oil and Gas. A lifelong oilman, he joined Amoco Production Company upon completion of his degree in mechanical engineering from the University of Wyoming. He has also worked in various capacities for Union Pacific Resources, Barrett Resources, and Williams Companies. Under Mr. Browns leadership, Noble Energy nearly tripled its production in Northern Colorado in nine years while drilling more than 3, 300 new wells. During Mr. Browns tenure, Noble Energy became the largest oil producer in Colorado. Mr. Brown participated in numerous industry activities including Chairman and serving on the Executive Committee of the Colorado Oil Gas Association and the board of the Western Energy Alliance where he has served as the organizations Colorado Vice President. He was also Chairman of Coloradans for Responsible Energy Development and former board member of Colorado Concern. In recognition of Mr. Browns service to both the industry and his community, he was named the Western Energy Alliance 2013 Wildcatter of the Year, one of the highest honors available to oil and gas professionals.In 2014, Mr. Brown was inducted into the Rocky Mountain Oil and Gas Hall of Fame. Mr since 2013.
| Age | 65 |
| Tenure | 11 years |
| Address | 5775 North Sam Houston Parkway West, Houston, TX, United States, 77086 |
| Phone | 877 433 5685 |
| Web | https://www.flotekind.com |
Flotek Industries Management Efficiency
The company has Return on Asset of 0.0255 % which means that on every $100 spent on assets, it made $0.0255 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0784 %, implying that it generated $0.0784 on every 100 dollars invested. Flotek Industries' management efficiency ratios could be used to measure how well Flotek Industries manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to 0.16 this year. Return On Capital Employed is expected to rise to 0.22 this year. At this time, Flotek Industries' Liabilities And Stockholders Equity is quite stable compared to the past year. Change To Liabilities is expected to rise to about 31.2 M this year, although the value of Total Current Liabilities will most likely fall to about 40.7 M.Similar Executives
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Management Performance
| Return On Equity | 0.0784 | ||||
| Return On Asset | 0.0255 |
Flotek Industries Leadership Team
Elected by the shareholders, the Flotek Industries' board of directors comprises two types of representatives: Flotek Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Flotek. The board's role is to monitor Flotek Industries' management team and ensure that shareholders' interests are well served. Flotek Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Flotek Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Seham Carson, Principal CFO | ||
| Leon Chad, Senior Commercial | ||
| Andrea Berry, Vice Operations | ||
| James Dixson, VP Division | ||
| Paul Hobby, Independent Director | ||
| David Nierenberg, Lead Independent Director | ||
| Denise Allen, Senior Vice President , Chief of Staff | ||
| Bond CPA, Chief Officer | ||
| Gibson BSc, CEO Chairman | ||
| Matthew Thomas, Executive Vice President - Analysis & Data Division | ||
| Amy Blakeway, Senior Counsel | ||
| Kevin Brown, Independent Director | ||
| Harshavardhan Agadi, Independent Director | ||
| Theodore Brown, Independent Director | ||
| James Silas, Senior Vice President - Research and Innovation | ||
| Andrew Carter, Senior Officer | ||
| Ryan Ezell, President of Chemistry Technologies | ||
| Michelle Adams, Independent Director | ||
| Michael Borton, Chief Financial Officer | ||
| John Gibson, Chairman of the Board, President, Chief Executive Officer | ||
| Shane Wise, Senior Operations | ||
| TengBeng Koid, President , Global Business | ||
| Lisa Mayr, Independent Director | ||
| Bond Clement, Chief Officer | ||
| Glenn Penny, Director Technology | ||
| Nicholas Bigney, Gen VP | ||
| Sally Cheadle, Vice Controller | ||
| Bernard CFA, Sr Sustainability | ||
| Matthew Sullivan, Vice President of Professional Chemistries | ||
| Nathan Snoke, Senior Lines | ||
| Michael Fucci, Independent Director |
Flotek Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Flotek Industries a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0784 | ||||
| Return On Asset | 0.0255 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 235.37 M | ||||
| Shares Outstanding | 29.8 M | ||||
| Shares Owned By Insiders | 39.43 % | ||||
| Shares Owned By Institutions | 14.12 % | ||||
| Number Of Shares Shorted | 553.05 K | ||||
| Price To Earning | 5.14 X |
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Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flotek Industries. If investors know Flotek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flotek Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1 | Earnings Share 0.24 | Revenue Per Share 6.052 | Quarterly Revenue Growth 0.052 | Return On Assets 0.0255 |
The market value of Flotek Industries is measured differently than its book value, which is the value of Flotek that is recorded on the company's balance sheet. Investors also form their own opinion of Flotek Industries' value that differs from its market value or its book value, called intrinsic value, which is Flotek Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flotek Industries' market value can be influenced by many factors that don't directly affect Flotek Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flotek Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Flotek Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flotek Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.