Why These Energy Stocks are Gaining This Week

2. Flotek Industries, Inc. (NYSE:FTK)

Share Price Gains Between Mar. 10 – Mar. 17: 40.05%

Flotek Industries, Inc. (NYSE:FTK) is a leading chemistry and data technology company focused on servicing the energy industry.

Flotek Industries, Inc. (NYSE:FTK) delivered its strongest quarter since 2017 in Q4 2024 with an EPS of $0.14, beating estimates by $0.05. The company’s revenue of $50.76 million was also up 20.31% YoY and above expectations by $676,000.  Flotek’s data analytics service business did particularly well, growing its revenue by 124% compared to the same period in 2023.

Shares of Flotek Industries, Inc. (NYSE:FTK) have surged sharply by more than 157% over the last year. In fact, FTK was even included in our list of the 15 Energy Infrastructure Stocks that are Skyrocketing.