Thursday, May 1, 2025
Flotek acquires innovative mobile power generation assets and secures multi-year lease providing $160 million revenue backlog and immediate earnings accretion- oil and gas 360

Flotek acquires innovative mobile power generation assets and secures multi-year lease providing $160 million revenue backlog and immediate earnings accretion

Publisher’s Note: Flotek Industries will present at EnerCom Denver—The Energy Investment Conference on August 17-20, 2025. Register to attend.  (Oil & Gas 360) – HOUSTON, April 28, 2025 /PRNewswireOpens in new window/ — Flotek Industries, Inc. (“Flotek”) (NYSE: FTK) and ProFrac Holding Corp. (NASDAQ: ACDC) (“ProFrac”) today jointly announced Flotek’s acquisition of power generation assets and related intellectual property (the “Acquired Assets”)