Stock Track | Flowco Holdings Plummets 7.29% as Q1 Earnings Miss Estimates and Revenue Falls Short

Stock Track
05-16

Shares of Flowco Holdings Inc. (NYSE: FLOC) plummeted 7.29% in pre-market trading on Tuesday following the release of its first-quarter 2025 financial results. The company, which provides production optimization and artificial lift solutions for the oil and natural gas industry, reported earnings that fell short of analyst expectations and revenue that missed estimates.

Flowco reported quarterly earnings of $0.24 per share, significantly below the analyst consensus estimate of $0.31. The company's revenue for the quarter came in at $192.4 million, missing the analyst consensus estimate of $198.83 million by 3.26 percent. Despite the revenue miss, Flowco's top line showed growth compared to the same quarter last year when it reported revenue of $66.7 million.

Joe Bob Edwards, President and CEO of Flowco, commented on the results, acknowledging the challenging market conditions: "Over the past several weeks, the U.S. upstream outlook has been challenged by evolving tariff policies, OPEC+ commentary suggesting accelerated production, and broader economic uncertainty." However, Edwards expressed confidence in the company's strategic positioning, stating, "We believe our High Pressure Gas Lift solution offers a cost-effective alternative to certain other competing technologies that may be negatively impacted by tariffs." The company also noted that its exposure to tariff-related cost pressures remains limited due to its vertically integrated manufacturing footprint and domestic supply chain.

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