Ryan Ezell on stock performance
From EnerCom Interview with Flotek CEO Ryan Ezell at EnerCom Denver 2025 · · Oil and Gas 360 - EnerCom
“Since we first presented here our stock price is up 230%. We're continuing to grow revenue, adjusted EBITDA, profitability metrics for 11 straight quarters. It's been fantastic and we've laid out guidance this year that's more than double what we did adjusted EBITDA last year.”
On , Ryan Ezell, Chief Executive Officer, President & Director at FLOTEK INDUSTRIES INC, spoke about stock performance during EnerCom Interview with Flotek CEO Ryan Ezell at EnerCom Denver 2025 on Oil and Gas 360 - EnerCom.
About Ryan Ezell
Ryan Ezell, CEO of Flotek Industries, has described the company's transformation from a chemistry-focused business into a data analytics and chemistry firm. In a September 2025 interview, Ezell stated that since first presenting at the EnerCom conference, Flotek's stock price had increased by 230%, and the company had grown revenue and adjusted EBITDA for 11 consecutive quarters. He said the company had acquired gas conditioning assets to expand its data analytics segment and secured $160 million in backlog revenue. Ezell noted that the data analytics segment's revenue was up 128% year-on-year and that gross margins on the data-as-a-service side were above 85%. He added that the company planned an "industrialized pivot" into adjacent lines including agriculture and waste processing to reduce exposure to the cyclical wellhead environment. Ezell has also discussed the company's international expansion and the diversification of its customer base. In a 2024 interview, he said that when he arrived at Flotek, two customers represented about 90% of revenue, but the company had since diversified so that no single customer represented more than about 8% of revenue. He stated that the international chemistry business could triple in size within 18 months, with growth in the Middle East and Latin America. In a 2023 interview shortly after becoming CEO, Ezell said the company had over 170 patents and a strong balance sheet with no debt, and that the data analytics business had grown 135% sequentially. He has also described the company's proprietary near-infrared measurement technology, which he said is used for flare monitoring, custody transfer, and gas conditioning for power generation.