Flowco Holdings Inc. (NYSE: FLOC) saw its stock price surge 7.63% during pre-market trading on Wednesday. The significant move followed the company's release of its first-quarter 2026 financial results.

The oilfield services provider reported revenue of $209.5 million, exceeding the IBES consensus estimate of $206.3 million and the FactSet estimate of $206.1 million. Adjusted EBITDA came in at $85.5 million, beating the $83.6 million analyst expectation and achieving a margin of 40.8%. Furthermore, adjusted net income of $35.7 million surpassed the $30.0 million consensus.

The strong quarterly performance was bolstered by the recent acquisition of Valiant Artificial Lift Solutions, which closed in March and contributed to the Production Solutions segment's growth. The company also announced a 12.5% increase in its quarterly cash dividend to $0.09 per share and highlighted robust free cash flow generation of $52.3 million. Management expressed a positive outlook, anticipating continued demand for its services and earnings growth through the remainder of the year, which appears to have driven investor optimism in the pre-market session.