Flotek Industries Achieves Significant Milestone with Russell 3000® Index Inclusion

Flotek Industries Joins the Prestigious Russell 3000® Index



Flotek Industries, Inc. (NYSE: FTK) recently made a significant announcement that is set to boost its profile in the investment community. The company has been officially added to the widely recognized Russell 3000® Index, effective from June 30, 2025. This inclusion marks a vital milestone in Flotek's journey and signifies its growing stature as one of the leading players in the energy industry.

The Russell 3000® Index is known for encompassing the 4,000 largest publicly traded companies in the United States, ranked by total market capitalization. This yearly reconstitution captures these companies as of April 30th, and membership in the Russell 3000 ensures inclusion in either the large-cap Russell 1000® Index or the small-cap Russell 2000® Index, along with corresponding growth and value style indexes. The selection criteria employed by FTSE Russell primarily focus on objective metrics, including market capitalization and style attributes.

Dr. Ryan Ezell, the CEO of Flotek, expressed enthusiasm about this achievement, stating, “Joining the Russell 3000® Index marks another milestone in Flotek's ongoing success, building on three years of progress in creating a dynamic and innovative chemistry and data analytics company.” He added that this advancement will significantly enhance Flotek's visibility and appeal among investors, thus benefiting shareholders by increasing value.

Flotek's strategic objective revolves around revolutionizing the energy sector by leveraging advanced chemistry and data technologies. The company has established a strong innovation pipeline, supported by a robust portfolio of over 130 patents and valuable field and laboratory data gathered over more than 20 years. This expertise enables Flotek to develop solutions that maximize customer returns while reducing environmental impact—a mission crucial for sustainability in the current climate.

With a global reach extending across more than 59 countries, Flotek is poised to capitalize on new opportunities presented by its Russell 3000 membership. This prominent index is frequently employed by institutional investors and asset managers as a benchmark for performance in their investment strategies. Approximately $10.6 trillion in assets are managed with benchmarks tied to the Russell indexes, reflecting the significance of this inclusion.

In a market increasingly driven by data and analytics, Flotek aims to set itself apart by integrating sophisticated technologies that refine energy production processes and enhance operational efficiencies. The company's commitment to sustainability and innovation positions it as a forward-thinking entity in a traditionally conservative sector.

The Russell indexes, including the Russell 3000, serve not only as trading benchmarks but also as critical tools for investment managers seeking to gauge market conditions and performance trends. The broader implications of Flotek’s inclusion in these indexes could extend beyond a mere listing, possibly drawing prospective investors who are focused on sustainability and technological advancement in the energy industry.

In conclusion, Flotek Industries’ addition to the Russell 3000® Index underscores its successful transformation into a pivotal player in the energy solutions marketplace. As the company continues to innovate and expand its offerings, this achievement serves as a foundation for sustained growth and greater recognition among investors, aligning perfectly with its vision for sustainable energy solutions.

Topics Business Technology)

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