Flotek Stock Surges As Pwrtek Expands Into Utility Infrastructure
Flotek Stock rises after a 10-year Puerto Rico power deal adds about $400 million in expected revenue backlog.
Flotek got a big deal to help fix power systems in Puerto Rico for the next 10 years, which means a lot of money is coming their way. This shows the company is growing into new types of work, so watch if they can actually finish the job well and keep winning more deals.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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