Why These Energy Stocks Are Losing This Week

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

Share Price Decline Between Mar. 17 and Mar. 24: 12.14%

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

The recent decline in the share price of Flotek Industries, Inc. (NYSE:FTK) seems to be due to profit-taking after the stock closed at a 52-week high of $10.21 on March 17, 2025. FTK surged significantly after the company delivered its strongest quarter since 2017 in Q4 2024 with an EPS of $0.14, topping expectations by $0.05. The company’s revenue of $50.76 million was also up 20.31% YoY and beat estimates by $676,000.

With gains of more than 135% over the last 52 weeks, FTK was also recently included in our list of the 15 Energy Infrastructure Stocks that are Skyrocketing.