---
schema_version: "secwatch.filing_event.v1"
accession: "0000928054-26-000084"
form_type: "8-K"
ticker: "FTK"
cik: "0000928054"
company_name: "FLOTEK INDUSTRIES INC/CN/"
filed_at: "2026-08-19T13:27:10+00:00"
generated_at: "2026-08-19T13:28:04.655905+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PREPA terminates Flotek's 10-year power contract; no revenue recognized

## Summary
- PREPA delivered termination notice Aug 18, 2026 for PPOA Contract No. 2026-P00107, effective immediately.
- Termination grounds: failure to furnish performance security and Oversight Board revocation of approval.
- Contract expected $40M annual revenue and $400M 10-year backlog; no revenue or payments received.
- Flotek had not commenced equipment deployment; 2026 financial guidance unchanged.
- Contract assigned to Flotek from Enchanted Rock on July 31, 2026 with PREPA consent.

## SEC filing metadata
- accession: 0000928054-26-000084
- form_type: 8-K
- ticker: FTK
- cik: 0000928054
- company_name: FLOTEK INDUSTRIES INC/CN/
- filed_at: 2026-08-19T13:27:10+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/928054/000092805426000084/0000928054-26-000084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/928054/000092805426000084/ftk-20260818.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000928054-26-000084
- JSON: https://secwatch.observer/filing/0000928054-26-000084.json
- Plain text: https://secwatch.observer/filing/0000928054-26-000084.txt

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