FTS International, Inc.

FTS International, Inc.

FTSI
FTS International, Inc.US flagNew York Stock Exchange
26.49
USD
-0.04
- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Revenue

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Company Description

APIChat
CEO
Michael Doss
Full Time Employees
890
Sector
Energy
Industry
Oil & Gas Equipment & Services
Address
777 Main St Ste 2900 Fort Worth TX United States of America 76102
IPO Date
Feb 2, 2018
Website
ftsi.com
Business
FTS International, Inc. (FTSI) provides hydraulic fracturing and pressure pumping services to exploration and production companies in North America's unconventional oil and natural gas basins. The company offers hydraulic fracturing, wireline and perforating, reservoir optimization, sand processing, proppants including resin coated sand, production chemicals, pump manufacturing, logistics, and engineering technology for well completions and stimulations. FTS International, Inc. operates primarily in major U.S. shale plays such as the Permian Basin, Eagle Ford, SCOOP/STACK, Marcellus/Utica, and Haynesville, with facilities across Texas, New Mexico, Oklahoma, Pennsylvania, and other locations; founded in 2000 and formerly known as FTS International, LLC until its name change in December 2011, it is headquartered in Fort Worth, Texas. In March 2022, FTS International, Inc. was acquired by ProFrac Holding Corp. for approximately $407.5 million in an all-cash transaction valuing shares at $26.52 each, delisting its NYSE American stock and integrating its approximately 1.3 million hydraulic horsepower across 25 fleets into ProFrac's vertically integrated platform, which included retiring older Tier II diesel equipment to reduce emissions and maintenance costs. ProFrac continues to leverage FTS International's in-house engine and transmission expertise alongside its high-horsepower fleets for enhanced operational efficiency in well production optimization. No major acquisitions, partnerships, or new product launches involving FTS International have been reported since the 2022 transaction.

Company News

APIChat
  • FTSI and 21st Century AEYE Announce Strategic Merger

  • FTS International Announces March 3, 2022 Special Meeting Results

  • FTS International Announces March 3, 2022 Special Meeting Results

  • FTS International Announces Record Date and Meeting Date for Special Meeting for Proposed Merger With ProFrac

  • FTS International Announces Record Date and Meeting Date for Special Meeting for Proposed Merger With ProFrac

  • FTS International Receives Notice of Non-Compliance From NYSE American

  • FTS International Receives Notice of Non-Compliance From NYSE American

  • FTS International Announces Expiration of “Go-Shop” Period

  • FTS International Announces Expiration of “Go-Shop” Period

  • FTS INTERNATIONAL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of FTS International, Inc. - FTSI

  • SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of FTS International, Inc. - FTSI

  • FTS International Announces Third Quarter 2021 Financial and Operational Results

  • FTS International Announces Third Quarter 2021 Financial and Operational Results

  • SHAREHOLDER ALERT: WeissLaw LLP Reminds FTSI, TSC, MDP, and ESBK Shareholders About Its Ongoing Investigations

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates FTSI, UMPQ, FLXN, ADMS; Shareholders are Encouraged to Contact the Firm

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates FTSI, UMPQ, HFC, DSPG; Shareholders are Encouraged to Contact the Firm

  • SHAREHOLDER ALERT: WeissLaw LLP Investigates FTS International, Inc.

  • FTS International Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of FTS International, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – FTSI

  • FTS International Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of FTS International, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – FTSI

  • FTS International to Be Acquired by ProFrac for $26.52 Per Share in Cash