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Post# of 114254
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2morrowsGains

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2morrowsGains

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Re: 2morrowsGains post# 97355

Friday, 05/13/2022 5:31:44 PM

Friday, May 13, 2022 5:31:44 PM

Post# of 114254
FTK...Profrac (PFHC) went public today...

https://finance.yahoo.com/news/profrac-holding-corp-prices-initial-230600160.html


From Flotek's (FTK) 3/31/22 cc...

- Certainly, our most exciting win on the sustainable revenue goal is our new contract with ProFrac valued at over $2 billion in revenues over the next decade, which will commence on April 1.

- We believe that the Flotek of 2022 and beyond will be vastly different than the version exiting 2021.

- We anticipate combined organic appropriate related 2023 revenues to be well in excess of $200 million.

- ProFrac contract is a non-exclusive agreement.

- The great part about this contract, which I hope does not go unnoticed, is that it gives us continuity regardless of all price.


The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.

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