Private company

FTS International, Inc.

FTS International, Inc. is an American oil and gas field services company based in Dover, active since 2011.2

Last updated Oct 20, 2026.

Overview

  • IndustryOil & Gas Field Services, NEC2
  • HeadquartersDover, United States2
  • Incorporated inDE3
  • Business address777 Main Street, Suite 2900, Fort Worth, Tx 761023
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formCorporation2
  • LEI549300LIZ1UTOOLOZV472
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O CAPITOL SERVICES, INC., 19901 Dover, United States2
  • Registered withDivision of Corporations, Department of State, 49669192

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2019

-6.4%Operating margin4
-9.4%Net margin4
-46.5%Revenue growth, 20194
-193.4%Return on equity4
12.12×Debt to equity4

Where the money goes

Where each dollar of revenue went, fiscal 2019

  • Selling, general and admin11¢$89.1M
  • Other costs88¢$685.2M
  • Income tax0¢$1.4M

Out of $775.7M in revenue.4 The company lost money this year.

Where each dollar of operating cash went, fiscal 2019

  • Share buybacks8¢$9.9M
  • Kept or used elsewhere92¢$114.0M

Out of $123.9M of cash from operations.4

Financial statements

Revenue564$775.7M in 2019+46% since 2016
0$500.0M$1.0B$1.5B2016: $529.5M$529.5M20162017: $1.4B$1.4B2017+155%2018: $1.5B$1.5B2018+7%2019: $775.7M$775.7M2019−47%
Operating income564-$49.6M in 2019−68% since 2016
-$200.0M0$200.0M$400.0M2016: -$153.5M-$153.5M20162017: $291.2M$291.2M20172018: $318.4M$318.4M2018+9%2019: -$49.6M-$49.6M2019
Net income564-$72.9M in 2019−61% since 2016
-$200.0M0$200.0M$400.0M2016: -$188.5M-$188.5M20162017: $200.7M$200.7M20172018: $258.4M$258.4M2018+29%2019: -$72.9M-$72.9M2019
Fiscal year20152016201720182019
Revenue$529.5M5$1.4B6$1.5B4$775.7M4
Selling, general and admin$64.4M5$81.0M6$87.9M4$89.1M4
Operating income-$153.5M5$291.2M6$318.4M4-$49.6M4
Income tax-$1.6M5$1.6M6$2.0M4$1.4M4
Net income-$188.5M5$200.7M6$258.4M4-$72.9M4

Compare FTS International, Inc. with another company

Corporate structure

FTS International, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of FTS International, Inc.

  • Glendon Capital Management LP Filed SC 13D/A on FTS International, Inc., latest Mar 8, 2022
  • ARES MANAGEMENT LLC Filed SC 13G/A on FTS International, Inc., latest Feb 14, 2022
  • Amundi Filed SC 13G/A on FTS International, Inc., latest Feb 14, 2022
  • Nomura Corporate Research & Asset Management Inc. Filed SC 13G/A on FTS International, Inc., latest Feb 14, 2022
  • Man Group plc Filed SC 13G/A on FTS International, Inc., latest Feb 4, 2022 (2 filings since Dec 8, 2021)
  • GLAZER CAPITAL, LLC Filed SC 13G on FTS International, Inc., latest Jan 10, 2022
  • THRC Holdings, LP Filed SC 13D/A on FTS International, Inc., latest Oct 26, 2021
  • FTS International, Inc. Dover, Delaware, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What FTS International, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$137.0M4 Dec 31, 2020$938.5M4 Dec 31, 2019−85.4%
Accumulated depreciation$4.7M4 Dec 31, 2020$711.5M4 Dec 31, 2019−99.3%
Property and equipment, net$132.3M4 Dec 31, 2020$227.0M4 Dec 31, 2019−41.7%
Operating-lease assets (leased space)$4.5M4 Dec 31, 2020$26.3M4 Dec 31, 2019−82.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$94.0M4 Dec 31, 2020$223.0M4 Dec 31, 2019−57.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$7.4M4 Dec 31, 2020$29.5M4 Dec 31, 2019−74.9%

Inventory

ItemLatestA year beforeChange
Inventory, total$29.0M4 Dec 31, 2020$45.5M4 Dec 31, 2019−36.3%

Leadership

Who has led FTS International, Inc., and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. Lance D. Turner2018–2022

Chief operating officer

  1. Buddy Petersen2018–2022
20202025
Board members and other officers (18)

Former names

  • FTS International, LLCOct 25, 2011 to Nov 28, 20123
  • Frac Tech International, LLCSep 9, 2011 to Sep 9, 20113

Timeline

  1. Mar 7, 20228-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer27
  2. Mar 3, 20228-K Shareholder vote; Other events28
  3. Mar 1, 20228-K Entered a material agreement; Other events29
  4. Jan 13, 20228-K Other events30
  5. Jan 7, 20228-K Listing notice or transfer31
  6. Dec 7, 20218-K Other events32
  7. Dec 6, 20218-K Other events33
  8. Nov 10, 20218-K Other events34
  9. Nov 4, 20218-K Results of operations35
  10. Oct 25, 20218-K Entered a material agreement36
  11. Oct 22, 20218-K Results of operations; Other events37
  12. Feb 2, 2018New chief executive Michael J. Doss becomes CEO7
  13. Apr 11, 2011Founded FTS International, Inc. is founded2

Calendar

When it reported results

  1. Nov 4, 2021Reported quarterly or annual results35
  2. Oct 22, 2021Reported quarterly or annual results37

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

65 filings to the SEC since October 2021: 1 quarterly reports, 11 major events, 17 insider forms, 8 large holders, 28 other. The latest 20:

  1. Mar 17, 2022EFFECT EDGAR
  2. Mar 11, 2022POS AM EDGAR
  3. Mar 8, 20224 EDGAR
  4. Mar 8, 2022SC 13D/A NONE EDGAR
  5. Mar 8, 20224 EDGAR
  6. Mar 8, 20224 EDGAR
  7. Mar 8, 20224 EDGAR
  8. Mar 8, 20224 EDGAR
  9. Mar 8, 20224 EDGAR
  10. Mar 8, 20224 EDGAR
  11. Mar 8, 20224 EDGAR
  12. Mar 8, 20224 EDGAR
  13. Mar 7, 20228-K EDGAR
  14. Mar 4, 2022S-8 POS EDGAR
  15. Mar 3, 20228-K EDGAR
  16. Mar 1, 2022DEFA14A EDGAR
  17. Mar 1, 20228-K EDGAR
  18. Feb 14, 2022SC 13G/A EDGAR
  19. Feb 14, 2022SC 13G/A SCHEDULE 13G EDGAR
  20. Feb 14, 2022SC 13G/A EDGAR

The 65 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How FTS International, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARFTS International, Inc.1
  • CIK0001529463
  • Employer ID (EIN)45-16107311
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)1389 Oil & Gas Field Services, NEC1
  • Business address777 Main Street, Suite 2900, Fort Worth, TX 761021
  • Phone(817) 862-20001
  • Shares outstanding5,380,859 as of Nov 2, 202045
  • Public float$10.8M as of Jun 30, 20204
  • On EDGAR sinceSep 9, 20111
  • Filings287 in all: 4 (69), 8-K (52), 3 (26), DEFA14A (19), 10-Q (12), CORRESP (12), SC 13G (12), SC 13G/A (9)1
    All 39 form types

    UPLOAD (9), S-1/A (8), EFFECT (6), 10-K (4), 25-NSE (3), 8-A12B (3), CERT (3), POS AM (3), S-1 (3), S-8 (3), S-8 POS (3), SC 13D (3), SC 13D/A (3), 3/A (2), 4/A (2), 424B3 (2), DEF 14A (2), 10-K/A (1), 25 (1), 25-NSE/A (1), 424B1 (1), 8-K12B (1), DEFM14A (1), DRS (1), POS EX (1), PRE 14A (1), PREM14A (1), PRER14A (1), RW (1), S-3 (1), S-3/A (1)

  • Latest filingsAnnual report (10-K) Mar 5, 2021
    Quarterly report (10-Q) Nov 5, 2021
    Proxy statement (DEF 14A) Mar 27, 2020
    Latest 8-K (8-K) Mar 7, 2022

Sources

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