FTS International, Inc. Company Review & Valuation

FTSI
New York Stock Exchange
Latest Price
26.32USD
Market Capitalization
361.91mUSD

About FTS International, Inc.

FTS International, Inc.

provides hydraulic fracturing services in North America.

Its services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production companies (E&P), in shale and other unconventional resource formations.

The company's wireline services primarily consist of setting plugs between hydraulic fracturing stages, creating perforations within hydraulic fracturing stages, and logging the characteristics of resource formations.

It operates in five unconventional basins in the United States, including the Permian Basin, the SCOOP/STACK Formation, the Marcellus/Utica Shale, the Eagle Ford Shale, and the Haynesville Shale.

As of December 31, 2017, it owned 51 wireline units; and had approximately 1.6 million hydraulic horsepower across 32 fleets.

The company serves E&P companies that specialize in unconventional oil and natural gas resources.

FTS International, Inc.

was founded in 2000 and is headquartered in Fort Worth, Texas.

Industry
Oil & Gas Equipment & Services
HQ Location
Fort Worth, Texas
Website

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