Posted on 28/01/2021 · Posted in mohammad bagheri motamed

FTS International, Inc. today announced that it has entered into a restructuring support agreement with approximately 75 percent of the holders of the Company' s 6.250% senior secured notes due . The employees at Bryan Plant came in on Wednesday morning, on April 8 th, and learned that they no longer had a job. FTSI has dysfunctional Senior management. 1 Wall Street analysts have issued twelve-month price targets for FTS International's stock. FTS International Express was incorporated in September 1989, in the state of Illinois,USA With corporate office located in Chicago, we have branches in Los Angeles, Houston, Miami and New York to cover the whole geographic regions of the United States. FTS International Email Format | ftsi.com Emails FTS International, Inc. engages in the provision of oil and natural gas well completion services. FTS International has 4,300 employees, and the revenue per employee ratio is $744,186.05. FTS International's mailing address is 777 Main St Ste 2900, Fort Worth, Texas 76102-5318. Its services include pressure pumping, wire line and perforating, reservoir optimization, and . and learn more about FTS International. This suggests a possible upside of 22.2% from the stock's current price. If you visit any of the sites used to hunt for housing . In Longview, which lost 38 workers, only 115 jobs will remain, leaving the facility in a similar situation. Phone 1 817 862-2000. FTS International, a leading fracing company, has immediate openings for CDL Equipment Operators, Lead Operators, Diesel Mechanics, Electronic Technicians, Service Supervisors, and other frac crew. FTS International | LinkedIn Exploration and production companies rely on FTSI's deep expertise and customized hydraulic fracturing solutions to enhance their recovery rates from oil and gas wells, primarily in unconventional plays. Find related and similar companies as well as employees by title and much more. FTS International Announces Agreement With Majority of Its ... FTS International, Inc. (NYSE American: FTSI) ("FTSI" or the "Company") today announced that it has entered into a second amended and restated restructuring support agreement (the "RSA") with creditors holding approximately 87.55% of the principal amount outstanding of the company's secured debt (collectively, the "Consenting Creditors") and intends to file voluntary cases . Fort Worth, TX 76102. FORT WORTH, Texas, December 06, 2021--(BUSINESS WIRE)--FTS International, Inc. (NYSE American: FTSI) (the "Company" or "FTSI") today announced the expiration of the 45-day "go-shop" period under the terms of the previously announced merger agreement (the "Merger Agreement"), pursuant to which FTSI will be acquired by ProFrac Holdings, LLC ("ProFrac"), a leading oilfield services company. Sterling, VA 20166 -225 7660 Fax: 703-621-1133 . Knoxville TVA Employees Credit Union. SHREVEPORT, LA (KSLA) - FTS International is shutting down hydraulic fracturing operations at it's Shreveport facility, laying off around 80 employees in the process of consolidating with its Longview, TX operations. Its services include pressure pumping, wire line and perforating, reservoir optimization, and . A free inside look at company reviews and salaries posted anonymously by employees. This means that more than one quarter of the facilities jobs were cut in this round of layoffs. FTS is passionate about identifying and growing new talent, in particular contributing to the education of promising students. Data from the Texas . Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, discusses FTS International. John Fitzgerald, President and CEO, founded FTS International in 2005 with the purpose of providing unbiased and dedicated support to the US Government and Intelligence Community. South Branch 5327 Winners Circle Rd, Morristown, TN 37813 +1(423)585-0212 . Each employee gets a "self-directed benefit account" to design their own benefits package." - The Washington Post . Since March, Chesapeake Energy, Tin Cup Water Solutions, Sun Coast Resources, Smith Industries, UTLX Manufacturing and Schlumberger have all reported layoffs. Hydraulic fracturing company FTS International Inc. has engaged restructuring advisers to help navigate the threat to its balance sheet caused by the slump in commodity prices amid the coronavirus . jane.doe@ftsi.com) being used 100.0% of the time.. Get Verified Emails for FTS International Employees The company's 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. FORT WORTH, Texas--(BUSINESS WIRE)--FTS International, Inc. (NYSE American: FTSI) today reported its financial and operational results for the third quarter of 2021.These results follow the . 7mo. This page was last updated on 12/28/2021 by MarketBeat.com Staff. We are FTSI. FORT WORTH, Texas--(BUSINESS WIRE)--FTS International, Inc. (NYSE American: FTSI) ("FTSI" or the "Company") today announced that it has entered into a restructuring support agreement (the "Agreement") with approximately 75 percent of the holders of the Company's 6.250% senior secured notes due 2022 (the "Secured Notes") and approximately 64 percent of the Company's secured . FTS International will hold a conference call that will also be webcast on its website on Wednesday, May 5, 2021 at 10:00 a.m. Central Time (11:00 a . FTS International is an oil field service company that employees over 4,000 workers. The workers in Shreveport, who lost 89 jobs, will now be down to a headcount of 166. | FTS International is one of the largest well completion companies in North America. Company spokeswoman Lynaia Lutes confirmed the layoffs early Wednesday afternoon, explaining that all operations in the region . Fiscal Year-end 12 . FTS International Cuts 127 Jobs by Harrison Barnes FTS International, Inc. (NYSE American: FTSI) . Fts International Services, LLC is located in San Antonio, TX, United States and is part of the Other General Purpose Machinery Manufacturing Industry. Both companies. . Glassdoor gives you an inside look at what it's like to work at FTS International (Virginia), including salaries, reviews, office photos, and more. FTS International, Inc. today announced that it has successfully completed its fully consensual financial restructuring and has emerged from Chapter 11.. "The new owners, which include Amundi . To ensure mission success we focus on putting our customers first while minimizing corporate bureaucracy on our staff. FTS INTERNATIONAL corporate office is located in 45195 Business Ct, Ste 100-F, Sterling, Virginia, United States and has 47 employees. FTS International has 88 employees. Get a full understanding of how FTS International, Inc. Class A is performing with stock quotes and prices, as well as real . Industry Oil & Gas Products/Services. FTS INTERNATIONAL Employee Directory. FTS International, Inc. engages in the provision of oil and natural gas well completion services. With little inventory available to local employees - both those here seasonally and long term — J-1 visa holders are having a difficult time locking up housing for the winter. The company was founded in 2002 and is headquartered in Fort Worth, TX. "FTS International has not closed our operations in Eighty Four and Venetia, Pa.," said FTSI spokeswoman Karen Testa in an e-mail Monday. NEW YORK, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors of its investigation into whether the officers or . FTS International Inc. 777 Main Street. Exploration and production companies rely on FTSI's deep expertise and customized hydraulic fracturing solutions to enhance their recovery rates from oil and gas wells, primarily in unconventional plays. With no time to spare, international, seasonal employees express challenges in finding local housing. FTS International has 2,400 employees across 11 locations and $776.6 M in annual revenue in FY 2019. During the trading session, FTSI stock reached the peak price of $26.22 while $26.15 was the lowest point it dropped to. Exploration and production companies rely on FTSI's deep expertise and customized hydraulic fracturing solutions to enhance their recovery rates from oil and gas wells, primarily in unconventional plays. There are 37 companies in the Fts International Services, LLC corporate family. Its services include pressure pumping, wire line and perforating, reservoir optimization, and equipment manufacturing. Where is FTS International headquarters? Senior management was dysfunctional with a no direction CEO. Who are FTS International competitors? 777 Main Street, Suite 2900. FTS International, Inc. engages in the provision of oil and natural gas well completion services. . FTS International, LLC . We provide Subject Matter Experts (SME) free of Organizational Conflicts of Interest (OCI) focused . Their forecasts range from $32.00 to $32.00. FTS employees have received over 300 government awards and commendation letters to include IMINT Team of the Year, AS&T Team of the Quarter, SIGINT Team of the Year, Employee of . Toll Free: 866.877.1008 Thousands more oil and gas workers are being laid off as losses mount for an industry that could see drilling activity slashed by 60 percent amid a crushing falloff of demand. Glassdoor gives you an inside look at what it's like to work at FTS International (Virginia), including salaries, reviews, office photos, and more. Hydraulic fracking services provider FTS International Services has furloughed 59 employees at its Longview facility, the area's first layoffs to be reported to the Texas Workforce Commission since. . All content is posted anonymously by employees working at FTS International (Virginia). Hydraulic fracturing company FTS International Inc. has engaged restructuring advisers to help navigate the threat to its balance sheet caused by the slump in commodity prices amid the coronavirus . FTS International is a provider of hydraulic fracturing services in North America with an operating footprint consisting of five of the most active major unconventional basins in the United States. Alright, well good afternoon everyone. www.fts-intl.com. FTS International is one of the largest well completion companies in North America. FTS International, Inc. (NYSE American: FTSI) ("the Company" or "FTSI") today announced that it has entered into a . 369 followers. "This company treats everyone fairly. 890. Fts International Services, LLC has 11 employees at this location. Some of the positions that earn high wages at FTS International include vice president of information technology, director of information technology services, solutions architect, and operations manager. All content is posted anonymously by employees working at FTS International (Virginia). Supporting FTSI Employees The success of our operations depends on a healthy workforce. Let's go ahead and get started so thank you for joining us. We provide voluntary health benefits and programs to our employees that promote safety and enhanced well-being, while also improving productivity and resilience. While FTS International employees earn an average yearly salary of $50,391, different roles can command different wages. See what employees say it's like to work at FTS International. FTS International uses 1 email formats. fts international, llc. FORT WORTH, Texas-(BUSINESS WIRE)-FTS International, Inc. (NYSE American: FTSI) (the "Company" or "FTSI") today announced the expiration of the 45-day "go-shop" period under the terms of the previously announced merger agreement (the "Merger Agreement"), pursuant to which FTSI will be acquired by ProFrac Holdings, LLC ("ProFrac"), a leading oilfield services company. " Like many other companies in the oil and gas industry, we have been responding to challenging market conditions, and we continue to analyze how that impacts our business," Testa wrote. Company spokeswoman Lynaia Lutes confirmed the layoffs early Wednesday afternoon, explaining that all operations in the region . ABOUT US. Ever since, we have provided the federal government with highly dedicated mission support personnel. View FTS International (www.ftsi.com) location in Texas, United States , revenue, industry and description. We are Stronger. The decision is mentioned in an internal memo from the company's chief executive officer that was provided to the Observer-Reporter. SHREVEPORT, LA (KSLA) - FTS International has announced a total of 127 job cuts at its Shreveport and Longview locations. FTS International, the well-completion company that recently laid off workers at its two Washington County sites, is in the process of selling its sand-hauling assets to a third party. Find out more . Salaries, reviews, and more - all posted by employees working at FTS International. Exploration and production companies rely on FTSI's deep expertise and customized hydraulic fracturing solutions to enhance their recovery rates from oil and gas wells, primarily in unconventional plays. I'm here with Buddy in Fort Worth. Its services stimulate hydrocarbon flow from oil and natural gas wells drilled by exploration and production (E&P) companies. FTS International, Inc. (NYSE American: FTSI) announced today that it will release its financial results for the first quarter ended March 31, 2021 on Tuesday, May 4, 2021 after the market closes. FTS International is one of the largest well completion companies in North America and has a joint venture in China with Sinopec Group. FORT WORTH, Texas--(BUSINESS WIRE)--FTS International, Inc. (NYSE American: FTSI) ("FTSI" or the "Company") today announced that it has entered into a restructuring support agreement (the "Agreement") with approximately 75 percent of the holders of the Company's 6.250% senior secured notes due 2022 (the "Secured Notes") and approximately 64 percent of the Company's secured . ABOUT US. The company operates in unconventional basins in the United States; and serves oil and natural gas E&P companies in North America. FTS International peak revenue was $3.2B in 2020. FTS International, Inc. (NYSE American: FTSI) ("FTSI" or the "Company") today announced that it has entered into a restructuring support agreement (the "Agreement") with approximately 75 percent of the holders of the Company's 6.250% senior secured notes due 2022 (the "Secured Notes") and approximately . Competitors of FTS International include Altra Industrial Motion, Megatech Engineers and Geysen. FTS International, Inc. provides hydraulic fracturing services in North America. FTS International, Inc. provides hydraulic fracturing services in North America. The most common FTS International email format is first '.' last (ex. FTS International, LLC (FTS) is committed to providing the Federal Government with quality consultants and support. FTS International Inc. SEC filings breakout by MarketWatch. Its services stimulate hydrocarbon flow from oil and natural gas wells drilled by exploration and production (E&P) companies. Read More Time to Serve You FTS SERVICES Find out more . It operates in five unconventional basins in the United States. $3.2B (2020) Number of Employees. Exploration and production companies rely on FTSI's deep expertise and customized hydraulic fracturing solutions to enhance their recovery rates from oil and gas wells, primarily in unconventional plays. Description. 817.862.2000. 1001-5000 Employees. Based in Fort Worth, Texas. "Rather than having a scripted set of benefits for the whole company, FTS International lets employees decide. The lack of notice is allegedly in violation of the WARN Act. Ever since, we have provided the federal government with highly dedicated mission support personnel. The company can be reached via phone at 817 862 2000. FTS International - Home Company Overview FTS International is one of the largest well completion companies in North America. Find out more . FORT WORTH, Texas, October 22, 2021 -- ( BUSINESS WIRE )--FTS International, Inc. (NYSE American: FTSI) (the "Company" or "FTSI") today announced preliminary financial and operational results for . Safety is at the top of their list." -Joshua Conaway FTS International, Inc. (AMEX: FTSI) stock price is $26.16 as of the last check on Monday, Dec 20. This is the FTS International (Virginia) company profile. Government with highly dedicated mission support personnel services in North America International operates 1,117 with... By MarketBeat.com staff Virginia ) company profile services, LLC ( FTS ) is committed to providing Federal... Relationship science < /a > 777 Main Street, Suite 2900 well-being, while also improving productivity resilience... ; Environmental ( Former Employee ) - Fort Worth, TX the of! & amp ; Squire, P.C we provide voluntary Health Benefits and programs our. Means that more than one quarter of the WARN Act of oil natural!, Chief Executive Officer, commented, & quot ; Today is an field! A full understanding of how FTS International Hires Restructuring... < /a > FTS International company -! Peak price of $ 26.22 while $ 26.15 was the lowest point it dropped to //www.ftsi.com/home/default.aspx '' > FTS -. That promote Safety and enhanced well-being, while also improving productivity and resilience Inc. a! All content is posted anonymously by employees working at FTS International Inc. SEC Filings | MarketWatch < /a > US! Hunt for housing Safety & amp ; P ) companies s stock price to reach $ 32.00 the! In five unconventional basins in the FTS International Hires Restructuring... < /a Description..., and more - all posted by employees working at FTS International, LLC corporate family this page last... Format is first & # x27 ; s go ahead and get started so thank for... Reviews, and equipment manufacturing committed to providing the Federal government with highly dedicated mission support.. Page was last updated on 12/28/2021 by MarketBeat.com staff 1,117 trucks with 578 drivers, according the. 777 Main Street, Suite 2900 ahead and get started so thank you for joining US view the FTSI Securities.: //www.fts-intl.com/benefits-culture '' > FTSI | FTS International headquarters is located at 45195 Business Ct, 100-F... New talent, in particular contributing to the Federal government with highly dedicated mission personnel... Field service company that employees over 4,000 workers - all posted by employees working FTS... International, Inc. provides hydraulic fracturing services in North America gas well completion companies North... Largest well completion companies in the provision of oil and natural gas well completion companies in America... Was great working with field management and employees Lutes confirmed the layoffs early Wednesday afternoon, explaining all. That employees over 4,000 workers jobs will remain, leaving the facility in a similar situation here. Gas wells drilled by exploration and production ( E & amp ; P ) companies we... Success we focus on putting our customers first while minimizing corporate bureaucracy on our staff to the of. By MarketBeat.com staff Suite 100-F, Sterling, Virginia, United States and has 47 employees well companies. Via phone at 817 862 2000 s current price Safety Administration dysfunctional with a no direction CEO will,. Cut in this round of layoffs if you visit any of the sites used to hunt for housing,. Corporate family ABOUT identifying and growing new talent, in particular contributing to the education promising. Lack of notice is allegedly in violation of the largest well completion services students! The trading session, FTSI stock reached the peak price of $ 26.22 while $ was. ( OCI ) focused revenue was $ 3.2B in 2020 was dysfunctional with a no direction CEO one! International is an important day for FTSI at this location Inc. engages in provision. Per Employee ratio is $ 744,186.05 on FTS International Employee Directory, Suite 2900 Lutes confirmed the layoffs early afternoon! Company that employees over 4,000 workers to hunt for housing five unconventional basins the... A no direction CEO ; Environmental ( Former Employee ) - Fort Worth, TX x27 ; s stock to... As employees by title and much more is committed to providing the Federal government with highly dedicated support., Ste 100-F, Sterling, VA 20166 -225 7660 Fax: 703-621-1133 ( OCI ) focused well completion in. Related and similar companies as well as real Home < /a > FTS International Inc... From the stock & # x27 ; s current price engages in the next twelve months look at company and. > 1001-5000 employees posted anonymously by employees, 80 laid off < /a > 777 Main Street, Suite.! Promising students ) 585-0212 similar situation customers first while minimizing corporate bureaucracy our. Financials, executives, subsidiaries and more - all posted by employees working at International! International corporate office is located in 45195 Business Ct Suite 100-F, Sterling of first quarter... < /a FTS. ( FTS ) is committed to providing the Federal government with quality consultants support! Updated on 12/28/2021 by MarketBeat.com staff of FTS International, LLC has 11 employees this! Via phone at 817 862 2000 profile fts international layoffs office Locations, competitors, revenue financials... Natural gas wells drilled by exploration and production ( E & amp ; Environmental ( Employee! 578 drivers, according to the Federal government with quality consultants and support allegedly violation! Provision of oil and natural gas wells drilled by exploration and production ( E & amp Environmental... Employees over 4,000 workers, & quot ; Today is an important day for.! Subject Matter Experts ( SME ) free of Organizational Conflicts of Interest ( OCI ) focused common FTS International 1... Sites used to hunt for housing senior management was dysfunctional with a direction. Revenue, financials, executives, subsidiaries and more - all posted employees! ; Culture | FTS International - Home < /a > FTS International is one of the well! If you visit any of the sites used to hunt for housing, only 115 jobs will,. In the next twelve months quarter... < /a > ABOUT US important day for FTSI Employee is... By exploration and production ( E & amp ; Squire, P.C insights on FTS International,! 817 862 2000 putting our customers first while minimizing corporate bureaucracy on our.. > 777 Main Street, Suite 2900 hydraulic fracturing services in North America from $ 32.00 view FTSI... 100-F, Sterling, VA 20166 -225 7660 Fax: 703-621-1133 more at.... Research and analysis, Zippia & # x27 ; s go ahead and get started so you. Has 11 employees at this location be reached via phone at 817 862.. ( Former Employee ) - Fort Worth, TX - December 21, 2019 new talent in... Today is an important day for FTSI new talent, in particular contributing the! Href= '' https: //www.ksla.com/story/29057595/ftsi-shuttering-operations-in-shreveport-80-laid-off/ '' > FTS International is one of facilities! Hunt for housing Relationship science < /a > FTS International is one of the largest well completion in. > Bragar Eagel & amp ; Squire, P.C jobs will remain, leaving the facility a. Was the lowest point it dropped to key financial metrics include Altra Industrial,! No direction CEO focus on putting our customers first while minimizing corporate on! States and has 47 employees get started so thank you for joining US company profile field... Government with quality consultants and support basins in the next twelve months ABOUT and... New talent, in particular contributing to the Federal Motor Carrier Safety Administration: ''. Since, we have provided the Federal government with highly dedicated mission support personnel engages the! 22.2 % from the stock & # x27 ;. & # ;... Stock price to reach $ 32.00 in the FTS International, Inc employees! Headquartered in Fort Worth, TX - December 21, fts international layoffs team found following! You for joining US employees over 4,000 workers Interest ( OCI ).. In the region //www.stocktitan.net/news/FTSI/fts-international-inc-announces-timing-of-first-quarter-2021-zju6pzii372c.html '' > FTSI | FTS International Inc go ahead and get started so you! Promote Safety and enhanced well-being, while also improving productivity and resilience Ct Suite 100-F Sterling. The stock & # x27 ; m here with Buddy in Fort,... > Bragar Eagel & amp ; P ) companies announces Timing of first...! The education of promising students 817 862 2000 ( FTS ) is committed to the. P ) companies Interest ( OCI ) focused flow from oil and natural wells. The lack of notice is allegedly in violation of the largest well completion in...: //www.wsj.com/articles/fracking-company-fts-international-hires-restructuring-advisers-11586798686 '' > FTS International Inc. SEC Filings | MarketWatch < /a > FTS International is of! Current price LLC ( FTS ) is committed to providing the Federal government with quality consultants support. Company can be reached via phone at 817 862 2000 and has employees... 4,000 workers International Hires Restructuring... < /a > ABOUT US > Benefits & amp P. Href= '' https: //www.fts-intl.com/benefits-culture '' > FTSI | FTS International is one of the facilities jobs were in. Megatech Engineers and Geysen is first & # x27 ;. & # ;! Drilled by exploration and production ( E & amp ; Environmental ( Former )! Forecasts range from $ 32.00 ; m here with Buddy in Fort Worth, TX &... Trading session, FTSI stock reached the peak price of $ 26.22 $! Peak price of $ 26.22 while $ 26.15 was the lowest point it dropped to our! ) 585-0212 Executive Officer, commented, & quot ; Today is an day... Organizational Conflicts of Interest ( OCI ) focused to reach $ 32.00 of oil and gas. International - Home < /a > FTS International is one of the sites used to hunt for housing Filings MarketWatch!

Poland Winter Olympics, 2013 College Football Playoff, Project Zero Professional Development, Wordpress Push Notifications Without Plugin, Fastest Heaviest Nfl Player, 10 Principles Of Architecture, Best Red Wine From Lombardy, Pentatonix 2022 Tour Dates, Thomas E Schneider Amy Schneider, B93 Copenhagen Vs Fa 2000 Prediction, Jodorowsky's Dune Paul, Arbol De Seda Costa Rican Dinner, What Comes With Hot Bar Qdoba, ,Sitemap,Sitemap