“This decrease was primarily attributable to the reduced sales volume from our natural gas systems sales within the Natural Gas Technologies segment resulting from a completion of a project for a customer in 2025 and a shift in purchasing patterns by our custo…”10-Q · May 6, 2026 ↗
Flowco Holdings Inc.
FLOC
Market read
Flowco Holdings Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 8 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
- FLOC's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if FLOC's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 8 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- FLOC's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +32.2% year over year.
- Operating cash flow covered net income at 7.11x in the latest annual period.
- Operating margin changed -1.5 percentage points in the latest annual period.
- Energy and commodity prices has repeated adverse evidence across 4 filings.
- EV/sales is 215% above the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 10, 2026
20.31Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“This increase in interest expense of $13.4 million, or 71%, was due to interest expense related to Flowco Productions and Flogistix as part of the 2024 Business Combination, as well as the associated interest on increased borrowings under the Credit Agreement…”10-K · Feb 26, 2026 ↗
“Continuing consolidation within the industry may result in reduced operating and capital spending by some of our customers or the acquisition of one or more of our primary customers, which may lead to decreased demand for our products and services.”10-K · Feb 26, 2026 ↗
“The pending transaction, which is expected to close in March 2026, is subject to customary closing conditions and receipt of required regulatory approvals.”10-K · Feb 26, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 5.4× · EV/sales 5.9×. Comparisons use only industry-matched filing peers.
Fewer than 4 annual revenue periods; too little history to scaffold scenarios.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for FLOC. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for FLOC. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind FLOC
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
AROCArchrock, Inc.partnerNov 5, 2025 ▾
“Asset Acquisition On July 1, 2025 , the Company entered into an asset purchase agreement with Archrock, Inc.”
JPMJPMorgan Chase & Co.lenderMay 6, 2026 ▾
“On August 24, 2024, we entered into a credit agreement, as amended to date, by and among Flowco MasterCo (the “Parent Borrower”), Flowco Productions, Estis Intermediate and Flogistix Intermediate, as borrowers, certain other direct and indirect subsidiaries o…”
Depended on by
AROCArchrock, Inc.partnerFeb 26, 2026 ▾
“Flowco Disposition On August 1, 2025, we completed the sale of certain contract operations customer agreements and approximately 155 compressors, comprising approximately 47,000 horsepower, used to provide compression services under those agreements along wit…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
FLOC is currently a Follower in the organic co-movement group Consumer-Driven Tech & Energy. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for FLOC; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.