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Flotek Industries is a specialty green chemistry and data technology company. Co. has two business segments: Chemistry Technologies (CT) and Data Analytics (DA). Co.'s CT segment provides chemistry solutions. Co. designs, develops, manufactures, packages, distributes and markets chemistry solutions that accelerate existing sustainability practices to reduce the environmental impact of energy on the air, water, land and people. Co.'s DA segment delivers real-time information and insights to its customers to enable optimization of operations and reduction of emissions and their carbon intensity. According to our FTK split history records, Flotek Industries has had 1 split.
FTK split history picture
Flotek Industries (FTK) has 1 split in our FTK split history database. The split for FTK took place on July 12, 2007. This was a 2 for 1 split, meaning for each share of FTK owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.

When a company such as Flotek Industries splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the FTK split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Flotek Industries shares, starting with a $10,000 purchase of FTK, presented on a split-history-adjusted basis factoring in the complete FTK split history. FTK split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 09/28/2012
End date: 09/26/2022
Start price/share: $12.67
End price/share: $1.00
Dividends collected/share: $0.00
Total return: -92.11%
Average Annual Total Return: -22.42%
Starting investment: $10,000.00
Ending investment: $789.76
Years: 10.00
Date Ratio
07/12/20072 for 1
FTK is categorized under the Materials sector; below are some other companies in the same sector that also have a history of stock splits:

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Also explore: FTK shares outstanding history

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