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July 04, 2015 10:23 AM ET

Energy Equipment and Services

Company Overview of FTS International, Inc.

Company Overview

FTS International, Inc., through its subsidiaries, provides oil and natural gas well stimulation services to the exploration and production companies operating in the United States. It offers well completion services, including pressure pumping, wireline, and reservoir optimization technologies; and high-pressure hydraulic fracturing services. The company primarily focuses on the unconventional oil and natural gas formations in the Eagle Ford Shale, the Marcellus/Utica Shale, the Haynesville Shale, the Permian Basin, the Barnett Shale, Western Oklahoma; and the Bakken Shale. It operates 34 hydraulic fracturing fleets with approximately 1,584,500 horsepower in the aggregate. FTS International...

301 East 18th Street

Cisco, TX 76437

United States

3,900 Employees

Phone:

817-850-1008

Fax:

817-850-1019

Key Executives for FTS International, Inc.

Chief Executive Officer and Director
Age: 51
President and Chief Operating Officer
Age: 54
Senior Vice President of Finance and Treasurer
Age: 45
Vice President and General Counsel
Age: 60
Senior Vice President of Operations
Age: 63
Compensation as of Fiscal Year 2015.

FTS International, Inc. Key Developments

FTS International Announces Completion of $350 Million Notes Offering

FTS International, Inc. announced that it has completed an offering of $350 million of senior secured floating rate notes due 2020 in a private transaction that is exempt from the registration requirements of the Securities Act of 1933. The proceeds from the offering will be used to repay all outstanding borrowings under FTSI’s existing revolving credit facility, to pay related fees and expenses and for general corporate purposes. The notes have not been registered under the Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption therefrom. The notes were offered and sold only to qualified institutional buyers under Rule 144A and to persons outside the United States under Regulation S.

FTS International Appoints Perry Harris to its Wireline Division

FTS International announced that it has signed a definitive agreement to acquire J-W Wireline Company. J-W Wireline's current President, Perry Harris, will lead the expanded FTSI wireline division. Mr. Harris brings more than 30 years of senior management experience in the oil and gas industry.

FTS International, Inc. Presents at Wells Fargo Securities Research, Economics & Strategy 2014 Energy Symposium, Dec-10-2014 03:15 PM

FTS International, Inc. Presents at Wells Fargo Securities Research, Economics & Strategy 2014 Energy Symposium, Dec-10-2014 03:15 PM. Venue: The Waldorf Astoria, 301 Park Avenue, New York, NY 1002, United States.

Similar Private Companies By Industry

Company Name Region
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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 3, 2014
J-W Wireline Company
 

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