secwatch.observer — SEC 8-K summary
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Issuer:     FLOTEK INDUSTRIES INC/CN/ (FTK)
CIK:        0000928054
Form:       8-K
Filed at:   2026-08-03T20:05:21+00:00
Accession:  0000928054-26-000075
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flotek wins 10-year, $400M contract with Puerto Rico Electric Power Authority for 400 MW gas-fired power project
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- 10-year agreement with PREPA; expected revenue backlog of approximately $400 million.
- Annual revenue expected to total ~$40 million at full deployment; equipment deployment begins Q4 2026.
- Flotek to provide PWRtek platform including up to 40 MW primary power generation and up to six smart skids.
- Partnership with Power Expectations LLC for Emergency Temporary Power Generation Puerto Rico project (RFP 3PPO-0314-20-TGP2).
- CEO states contract validates demand for PWRtek platform beyond traditional oil and gas, shifting to recurring high-margin revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/928054/000092805426000075/0000928054-26-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/928054/000092805426000075/ftk-20260803.htm
  HTML page:      https://secwatch.observer/filing/0000928054-26-000075

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer