Flowco Holdings (FLOC) Company Report

Flowco Holdings Inc. completed its initial public offering (IPO) on January 15, 2025, generating approximately $461.8 million in net proceeds. For the year ended December 31, 2024, the company reported total revenues of $535.3 million, net income of $80.2 million, and basic and diluted earnings per unit of $10.41.
The company has been actively expanding through acquisitions, including a business combination on June 20, 2024, an oilfield services company acquisition for $7.0 million on October 25, 2024 , and an asset acquisition from Archrock, Inc. for $71.0 million on August 1, 2025. Additionally, on February 2, 2026, Flowco announced a definitive agreement to acquire Valiant Artificial Lift Solutions for $200 million.
Flowco's Board of Directors approved quarterly cash dividends of $0.08 per share for Q2, Q3, and Q4 2025, and Q1 2026. A share repurchase program of up to $50 million was authorized on June 11, 2025, with $15.0 million worth of shares repurchased as of February 4, 2026.

2 days ago

8-K

Flowco Holdings Inc. to Acquire Valiant Artificial Lift Solutions

FLOC

M&A

New Projects/Investments

Flowco Holdings Inc. announced an agreement to acquire Valiant Artificial Lift Solutions for a total consideration of $200 million, comprising $170 million in cash and $30 million in newly issued Flowco shares.
The transaction implies a purchase price multiple of approximately 3.9x estimated 2026 Adjusted EBITDA and is expected to be accretive to both earnings and Free Cash Flow.
Valiant, a leading pure-play ESP provider in the Permian Basin, is projected to generate approximately $52 million of Adjusted EBITDA in 2026 with EBITDA margins around 40%.
This acquisition expands Flowco's offerings to include Electrical Submersible Pumps (ESPs), allowing them to participate in the largest segment of the artificial lift market, which represents approximately $2.5 billion annually in the lower 48 alone.
The transaction is expected to close in early March, subject to customary closing conditions, including regulatory approval.

4 days ago

Transcript

Flowco Holdings Inc. announces acquisition of Valiant Artificial Lift Solutions

FLOC

M&A

New Projects/Investments

Guidance Update

Flowco Holdings Inc. has entered into an agreement to acquire Valiant Artificial Lift Solutions, a pure-play ESP provider in the Permian Basin.
The total consideration for the acquisition is $200 million, consisting of $170 million in cash and $30 million in newly issued Flowco shares.
The transaction implies a purchase price multiple of approximately 3.9x estimated 2026 Adjusted EBITDA and is expected to be accretive to both earnings and Free Cash Flow.
Valiant is projected to generate approximately $52 million of Adjusted EBITDA in 2026 with EBITDA margins around 40%.
The acquisition is expected to close in early March, subject to customary closing conditions, and will be funded with modest borrowings under Flowco's existing ABL, with post-transaction net leverage expected to remain below one turn.

4 days ago

Transcript

Flowco Holdings Inc. Announces Acquisition of Valiant Artificial Lift Solutions

FLOC

M&A

New Projects/Investments

Flowco Holdings Inc. (FLOC) announced its agreement to acquire Valiant Artificial Lift Solutions for a total consideration of $200 million, consisting of $170 million in cash and $30 million in newly issued Flowco shares.
The transaction implies a purchase price multiple of approximately 3.9x estimated 2026 Adjusted EBITDA and is expected to be accretive to both earnings and Free Cash Flow.
Valiant is projected to generate approximately $52 million of Adjusted EBITDA in 2026, with EBITDA margins around 40%.
The acquisition expands Flowco's offerings into the Electrical Submersible Pump (ESP) market, allowing it to offer a broader range of artificial lift solutions and deepen customer relationships.
The transaction is expected to close in early March, subject to customary closing conditions.

4 days ago

Transcript

Flowco to Acquire Valiant Artificial Lift Solutions

FLOC

M&A

New Projects/Investments

Flowco Holdings Inc. announced on February 2, 2026, its plan to acquire Valiant Artificial Lift Solutions for $200 million, comprising $170 million in cash and $30 million in equity.
The acquisition is expected to close in March 2026, subject to customary closing conditions including regulatory approval.
This strategic acquisition enhances Flowco's production optimization portfolio by adding electric submersible pumps (ESPs), significantly expanding its addressable market and supporting increased customer engagement.
The transaction values Valiant at approximately 3.9x its 2026E Adjusted EBITDA of ~$52 million, and is expected to be accretive to key metrics including earnings, cash flow, and free cash flow per share.

4 days ago

Presentation

Flowco Holdings Inc. to Acquire Valiant Artificial Lift Solutions

FLOC

M&A

New Projects/Investments

Flowco Holdings Inc. (FLOC) announced a definitive agreement to acquire Valiant Artificial Lift Solutions LLC for approximately $200 million.
The consideration includes $170 million in cash, which will be funded by borrowings under Flowco's ABL facility, and approximately 1.5 million shares of Flowco Class A common stock.
The transaction is expected to close in March 2026 and is anticipated to be accretive to key metrics, including earnings and free cash flow per share.
This acquisition expands Flowco's production optimization portfolio by adding Electric Submersible Pump (ESP) systems, with the purchase multiple estimated at approximately 3.9x Valiant's 2026E Adjusted EBITDA of ~$52 million.

5 days ago

8-K

Flowco Holdings Announces Acquisition of Valiant Artificial Lift Solutions

FLOC

M&A

New Projects/Investments

Flowco Holdings Inc. (FLOC) has entered into a definitive agreement to acquire Valiant Artificial Lift Solutions LLC for approximately $200 million.
The total consideration is structured as $170 million in cash and approximately 1.5 million shares of Flowco Class A common stock.
The acquisition is expected to be accretive to key metrics, including earnings and free cash flow per share, and is anticipated to close in March 2026.
This strategic acquisition expands Flowco's production optimization portfolio by adding Valiant's electric submersible pump (ESP) systems, primarily in the Permian Basin, and is valued at approximately 3.9x Valiant's 2026E Adjusted EBITDA.

5 days ago

Press Release

Flowco Holdings Inc. Declares Quarterly Cash Dividend

FLOC

Dividends

Flowco Holdings Inc. announced a quarterly cash dividend of $0.08 per share for its Class A common stock.
The dividend is payable on February 25, 2026, to stockholders of record as of the close of business on February 13, 2026.
Flowco MergeCo LLC, the Company's operating subsidiary, will also make a corresponding distribution of $0.08 per unit to holders of its common units.

7 days ago

8-K

Flowco Holdings Reports Strong Q3 2025 Adjusted EBITDA and Margin Expansion

FLOC

Earnings

Guidance Update

Share Buyback

Flowco Holdings reported Q3 2025 adjusted EBITDA of $76.8 million, exceeding expectations, with a 382 basis point expansion in adjusted EBITDA margin quarter over quarter, despite an 8% sequential decline in total revenue to $176.9 million.
The company's high-margin rental portfolio grew to $107 million in revenue, now representing 60% of total revenue, bolstered by targeted investments and the successful integration of 155 acquired high pressure gas lift and vapor recovery systems.
Flowco generated approximately $43 million in free cash flow (excluding capital for asset acquisition) and returned $15 million to shareholders through share repurchases during the quarter, in addition to declaring a $0.08 per share quarterly dividend.
For Q4 2025, Flowco expects adjusted EBITDA between $76 million and $80 million, anticipating a rebound in sales for the Natural Gas Technology segment and continued momentum in its rental fleets.
The company benefited from the reinstatement of 100% bonus depreciation, leading to a reversal of income tax expense in Q3 and an anticipated minimal federal income tax burden for the remainder of the year.

Nov 5, 2025, 1:00 PM

Transcript

Flowco Holdings Inc. Reports Third Quarter 2025 Results

FLOC

Earnings

Dividends

Revenue Acceleration/Inflection

Flowco Holdings Inc. reported revenues of $176.9 million and net income of $34.3 million for the third quarter ended September 30, 2025.
The company achieved Adjusted EBITDA of $76.8 million with an Adjusted EBITDA Margin of 43.4% in Q3 2025.
Net cash provided by operating activities was $82.5 million, and Free Cash Flow reached $42.8 million for the quarter.
In October 2025, Flowco's Board of Directors declared a quarterly cash dividend of $0.08 per share.
The company maintained strong liquidity with approximately $518.3 million available under its revolving credit facility as of October 31, 2025.