Here is Why Flotek Industries, Inc. (FTK) Skyrocketed This Week

Flotek Industries, Inc. (NYSE:FTK) was among the energy stocks that gained the most this week. In this article, we are going to discuss why the stock surged 21.9% between May 7th and May 14th.

Aerial view of an oil refinery, showcasing the company’s hydrocarbon-producing market segment.

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

Flotek Industries, Inc. (NYSE:FTK) continues to gain after posting significant growth in revenue and profit in its Q1 2025 results reported last week, marking its strongest quarterly performance in the last five years. The company’s net income surged by a massive 244% YoY to $5.38 million, while its revenue also increased by 37% YoY to $55.36 million – both beating market expectations. FTK also highlighted its acquisition of 30 real-time gas monitoring and dual fuel optimization assets last month, along with a $160 million multi-year contract, as strategic moves to further strengthen its market position. Moreover, there have also been reports of insider activity at Flotek, with director Matthew Wilks investing over $1.65 million to purchase the company’s stock.

After the recent rally, the stock of Flotek Industries, Inc. (NYSE:FTK) has now surged by around 315% over the last 52 weeks.

While we acknowledge the potential of FTK to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk.  If you are looking for an AI stock that is more promising than FTK and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.