---
schema_version: "secwatch.filing_event.v1"
accession: "0000928054-26-000082"
form_type: "8-K"
ticker: "FTK"
cik: "0000928054"
company_name: "FLOTEK INDUSTRIES INC/CN/"
filed_at: "2026-08-18T11:08:34+00:00"
generated_at: "2026-08-18T11:10:05.537502+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Flotek's Puerto Rico power contract faces termination; FY2026 guidance reaffirmed

## Summary
- Oversight Board voted to revoke approval of PREPA contract, directed PREPA to terminate; PREPA ordered work stoppage Aug 17.
- PREPA has not delivered formal termination notice as of Aug 18; Flotek evaluating impact on expected ~$40M annual revenue.
- Short seller with admitted position published report Aug 17 alleging business issues; Flotek believes it aimed to drive down stock.
- FY2026 guidance reaffirmed: revenue $340-350M, Adjusted EBITDA $47-51M, excluding PREPA contributions.
- Flotek joined project July 31 after PREPA approved substitution; contract expected 10-year, up to 40MW capacity.

## SEC filing metadata
- accession: 0000928054-26-000082
- form_type: 8-K
- ticker: FTK
- cik: 0000928054
- company_name: FLOTEK INDUSTRIES INC/CN/
- filed_at: 2026-08-18T11:08:34+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/928054/000092805426000082/0000928054-26-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/928054/000092805426000082/ftk-20260817.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000928054-26-000082
- JSON: https://secwatch.observer/filing/0000928054-26-000082.json
- Plain text: https://secwatch.observer/filing/0000928054-26-000082.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.