FTS International, Inc. (FTSI)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
FTS International, Inc. (FTSI) trades at $26.49. FTS International, Inc. , now a subsidiary of ProFrac Holding Corp. , provides hydraulic fracturing services to oil and natural gas exploration and production companies in North America. Sector: Energy.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for FTSI: FTSI does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FTSI against Energy peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
FTSI: 1/1 perspectives are bearish.
How is this calculated? →FTS International, Inc. (FTSI) Energy Operations & Outlook
FTS International, Inc., a subsidiary of ProFrac Holding Corp., delivers hydraulic fracturing services in North American unconventional basins. With a focus on stimulating hydrocarbon flow, the company serves oil and gas exploration and production companies, operating a significant fleet of hydraulic horsepower.
What Is the Investment Thesis for FTSI?
FTS International, now a subsidiary of ProFrac Holding Corp., operates in the hydraulic fracturing services sector, which is highly dependent on oil and gas prices and E&P spending. The company's negative profit margin of -59.1% and gross margin of -9.1% highlight significant challenges in profitability. While the company possesses substantial hydraulic horsepower, its financial performance raises concerns about its ability to generate sustainable returns. Potential growth catalysts include increased E&P activity driven by higher commodity prices. However, the company's high beta of 1.30 suggests greater volatility compared to the overall market. Investors should carefully consider the risks associated with commodity price fluctuations and the competitive landscape within the hydraulic fracturing industry.
Based on FMP financials and quantitative analysis
FTSI Key Highlights
- FTS International operates with approximately 1.3 million hydraulic horsepower across 25 fleets as of September 2021, indicating a significant operational capacity.
- The company's negative profit margin of -59.1% reflects substantial challenges in achieving profitability within the current market environment.
- A gross margin of -9.1% suggests the company is struggling to cover its direct costs of providing hydraulic fracturing services.
- The beta of 1.30 indicates that the stock is more volatile than the market, potentially due to its sensitivity to oil and gas prices.
- FTS International became a subsidiary of ProFrac Holding Corp. in March 2022, which could lead to strategic changes and operational synergies.
Who Are FTSI's Competitors?
FTSI is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CCLP CSI Compressco LP | $2.42 | +3.86% | $344.84M | 45 |
| DSSI Diamond S Shipping Inc. | $9.69 | +2.00% | $384.82M | 50 |
| GLOP-PA GasLog Partners LP acquires, owns, and | $25.59 | -0.16% | $410.38M | 39 |
| GPP Green Plains Partners LP | $12.31 | -0.53% | $286.39M | 49 |
| SEI Solaris Energy Infrastructure, Inc. | $67.46 | +0.40% | $4.84B | 50 |
| PLSDF Pulse Seismic Inc. | $2.39 | +1.27% | $121.21M | 67 |
| LB LandBridge Company LLC | $76.84 | +4.19% | $5.92B | 63 |
| EFXT Enerflex Ltd. | $22.63 | -1.95% | $2.76B | 62 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FTSI's Key Strengths?
- Substantial hydraulic horsepower capacity.
- Focus on unconventional basins in North America.
- Established relationships with E&P companies.
- Expertise in hydraulic fracturing techniques.
What Are FTSI's Weaknesses?
- Negative profit margin and gross margin.
- Dependence on oil and gas prices.
- High beta indicating greater volatility.
- Exposure to environmental regulations and public concerns.
What Could Drive FTSI Stock Higher?
- Potential increase in E&P spending due to rising oil and gas prices, driving demand for hydraulic fracturing services.
- Implementation of new hydraulic fracturing technologies to improve efficiency and reduce environmental impact.
- Synergies and operational improvements resulting from the acquisition by ProFrac Holding Corp.
What Are the Key Risks for FTSI?
- Negative return on equity (-8.5%) — the business is not currently generating profit on shareholder capital.
- Insider selling — insiders were net sellers of roughly $1.1M recently.
- Fluctuations in oil and gas prices impacting E&P spending and demand for hydraulic fracturing services.
- Increased regulatory scrutiny and potential restrictions on hydraulic fracturing activities.
- Competition from other hydraulic fracturing service providers.
- Environmental concerns and public opposition to fracking affecting the company's reputation and operations.
What Are the Growth Opportunities for FTSI?
- Increased E&P Spending: A rise in oil and gas prices could lead to increased capital spending by exploration and production companies. This would translate into higher demand for hydraulic fracturing services, benefiting companies like FTS International. The market size for hydraulic fracturing is directly correlated to E&P budgets, with potential for significant growth if commodity prices remain favorable. Timeline: Ongoing.
- Technological Advancements: Developing and implementing more efficient and environmentally friendly hydraulic fracturing technologies could provide a competitive advantage. Innovations such as electric fleets and waterless fracturing techniques can reduce costs and environmental impact, attracting E&P companies seeking sustainable solutions. Market size: The market for advanced fracking technologies is expanding as environmental regulations become stricter. Timeline: Ongoing.
- Geographic Expansion: Expanding operations into new unconventional basins could unlock new revenue streams. While FTS International currently focuses on North America, opportunities exist in other regions with shale gas and tight oil reserves. Market size: The global hydraulic fracturing market is substantial, with potential for growth in regions outside North America. Timeline: Potential.
- Strategic Acquisitions: Acquiring smaller hydraulic fracturing companies could consolidate market share and expand service offerings. Strategic acquisitions can provide access to new technologies, equipment, and customer relationships. Market size: The hydraulic fracturing market is fragmented, with opportunities for consolidation. Timeline: Potential.
- Focus on Efficiency and Cost Reduction: Improving operational efficiency and reducing costs can enhance profitability and competitiveness. Implementing lean manufacturing principles and optimizing supply chain management can lower operating expenses and improve margins. Market size: The market for cost-effective hydraulic fracturing services is growing as E&P companies seek to maximize returns on investment. Timeline: Ongoing.
What Opportunities Does FTSI Have?
- Increased E&P spending driven by higher commodity prices.
- Technological advancements in hydraulic fracturing.
- Geographic expansion into new unconventional basins.
- Strategic acquisitions to consolidate market share.
What Threats Does FTSI Face?
- Fluctuations in oil and gas prices.
- Increased regulatory scrutiny of hydraulic fracturing.
- Competition from other hydraulic fracturing service providers.
- Environmental concerns and public opposition to fracking.
What Are FTSI's Competitive Advantages?
- Specialized Expertise: Deep knowledge and experience in hydraulic fracturing techniques.
- Operational Scale: Significant hydraulic horsepower capacity across a large fleet.
- Established Relationships: Long-term relationships with key E&P clients.
- Geographic Focus: Concentration in high-activity unconventional basins in North America.
What Does FTSI Do?
Founded in 2000 and headquartered in Fort Worth, Texas, FTS International, Inc. specializes in providing hydraulic fracturing services, a critical process for stimulating hydrocarbon flow from oil and natural gas wells. The company's operations are concentrated in the unconventional basins of the United States, where it serves exploration and production (E&P) companies. Hydraulic fracturing, also known as fracking, involves injecting high-pressure fluid into wellbores to create fractures in the rock formations, thereby enhancing the permeability and enabling the extraction of oil and gas. As of September 30, 2021, FTS International operated approximately 1.3 million hydraulic horsepower across 25 fleets, demonstrating a substantial capacity to meet the demands of its E&P clients. The company's services are integral to the North American energy sector, supporting the production of oil and natural gas from shale and other unconventional resources. In March 2022, FTS International became a subsidiary of ProFrac Holding Corp., marking a significant change in its corporate structure and potentially influencing its future strategic direction within the hydraulic fracturing market. This acquisition positions FTS International as part of a larger entity with potentially expanded resources and market reach.
What Products and Services Does FTSI Offer?
- Provides hydraulic fracturing services to oil and natural gas companies.
- Stimulates hydrocarbon flow from oil and natural gas wells.
- Operates in unconventional basins in the United States.
- Serves exploration and production (E&P) companies in North America.
- Utilizes a fleet of hydraulic horsepower to perform fracturing operations.
- Supports the extraction of oil and gas from shale and other unconventional resources.
How Does FTSI Make Money?
- Generates revenue by providing hydraulic fracturing services to E&P companies.
- Charges fees based on the volume of fluid pumped, the duration of the fracturing operation, and the complexity of the well.
- Operates a fleet of hydraulic fracturing equipment and employs personnel to perform the services.
- Focuses on building long-term relationships with E&P clients to secure recurring business.
What Industry Does FTSI Operate In?
FTS International operates within the oil and gas equipment and services industry, a sector heavily influenced by commodity prices and E&P spending. The hydraulic fracturing market is competitive, with companies like CCLP, DSSI, GLOP-PA, GPP, and SEI vying for market share. The industry's growth is closely tied to the demand for oil and natural gas, which in turn is affected by global economic conditions and energy policies. Market trends include a focus on efficiency, cost reduction, and environmentally sustainable practices. The industry faces challenges related to regulatory scrutiny and public concerns about the environmental impact of hydraulic fracturing.
Who Are FTSI's Key Customers?
- Oil and natural gas exploration and production (E&P) companies.
- Companies operating in unconventional basins in the United States.
- E&P companies seeking to stimulate hydrocarbon flow from their wells.
- Companies requiring hydraulic fracturing services to enhance oil and gas production.
Company Profile
FTS International, Inc. operates in the Oil & Gas Equipment & Services industry within the Energy sector. It is headquartered in Fort Worth, US. The company is led by CEO Michael Doss. FTSI has traded publicly since 2018.
ROE -9%Key Financial Metrics
Return on equity for FTS International, Inc. stands at -8.5%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -4.1%, showing how much profit it generates from its asset base. A current ratio of 3.97 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -9.1%, the inverse of the P/E and a quick read on earnings relative to price.
Net sellingInsider Activity
The most recent 12 insider filings for FTS International, Inc. break down as 11 sales and 1 purchases. On net that is roughly 202K shares disposed (about $1.1M), a signal worth weighing alongside the fundamentals.
FTSI Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Substantial hydraulic horsepower capacity.
- Focus on unconventional basins in North America.
- Established relationships with E&P companies.
- Expertise in hydraulic fracturing techniques.
Bear Case
- Negative profit margin and gross margin.
- Dependence on oil and gas prices.
- High beta indicating greater volatility.
- Exposure to environmental regulations and public concerns.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
FTSI Latest News
No recent news available for FTSI.
FTSI Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FTSI.
Price Targets
Wall Street price target analysis for FTSI.
FTSI MoonshotScore
What does this score mean?
The MoonshotScore rates FTSI's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Michael Doss
CEO
Michael Doss serves as CEO, managing a workforce of 890 employees. Information on his detailed career history, education, and previous roles is not available in the provided context. His leadership is crucial for navigating the challenges and opportunities within the hydraulic fracturing market, especially considering the company's recent acquisition by ProFrac Holding Corp.
Track Record: Information on Michael Doss's specific achievements, strategic decisions, and company milestones under his leadership is not available in the provided context. Assessing his track record would require further data on his tenure and the company's performance during that period.
FTSI Energy Stock FAQ
What does FTS International, Inc. do?
FTS International, Inc., now a subsidiary of ProFrac Holding Corp., provides hydraulic fracturing services to oil and natural gas exploration and production (E&P) companies in North America. The company operates in unconventional basins within the United States, utilizing a fleet of equipment to stimulate hydrocarbon flow from oil and natural gas wells. These services are crucial for E&P companies seeking to enhance production from shale and other unconventional resources, making FTS International a key player in the North American energy sector.
What are the main risks for FTSI?
The main risks for FTS International include fluctuations in oil and gas prices, which can significantly impact E&P spending and demand for hydraulic fracturing services. Increased regulatory scrutiny of hydraulic fracturing activities poses another risk, potentially leading to restrictions and higher compliance costs. Competition from other service providers and environmental concerns surrounding fracking also present ongoing challenges. The company's negative profit margin highlights its vulnerability to these external factors.
What are the key factors to evaluate for FTSI?
Evaluate FTSI on fundamentals, analyst consensus, and risk factors. Not financial advice.
How frequently does FTSI data refresh on this page?
FTSI prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven FTSI's recent stock price performance?
FTS International, Inc. (FTSI) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Substantial hydraulic horsepower capacity. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FTSI overvalued or undervalued right now?
Valuing FTS International, Inc. (FTSI) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying FTSI?
Before investing in FTS International, Inc. (FTSI), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding FTSI to a portfolio?
Key strength of FTS International, Inc. (FTSI): Substantial hydraulic horsepower capacity. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on available information as of the provided date.
- AI analysis is pending, which may provide further insights.
- The company's recent acquisition by ProFrac Holding Corp. may influence future performance.