fts international layoffs

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. Glassdoor gives you an inside look at what it's like to work at FTS International (Virginia), including salaries, reviews, office photos, and more. Find related and similar companies as well as employees by title and much more. "This company treats everyone fairly. The company was founded in 2002 and is headquartered in Fort Worth, TX. 45195 Business Court, Suite 100 -F . To ensure mission success we focus on putting our customers first while minimizing corporate bureaucracy on our staff. We are Safer. FTS International has 88 employees. Data from the Texas . Each employee gets a "self-directed benefit account" to design their own benefits package." - The Washington Post . 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 ALERT: Bragar Eagel & Squire, P.C ... 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 Inc - ResponsibilityReports.com 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 Services, LLC Company Profile | San ... Ever since, we have provided the federal government with highly dedicated mission support personnel. 216 FTS International reviews. FTS International Cuts 127 Jobs by Harrison Barnes Peak Revenue. During the trading session, FTSI stock reached the peak price of $26.22 while $26.15 was the lowest point it dropped to. FTSI Stock Forecast, Price & News (FTS International) In Longview, which lost 38 workers, only 115 jobs will remain, leaving the facility in a similar situation. Report this post. FTS International Completes Financial Restructuring ... . Texas fracking servicer files for Chapter 11 bankruptcy ... . FTS International, Inc. Class A - TheStreet 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. Working at FTS International (Virginia) | Glassdoor Supporting FTSI Employees The success of our operations depends on a healthy workforce. This means that more than one quarter of the facilities jobs were cut in this round of layoffs. FTS INTERNATIONAL corporate office is located in 45195 Business Ct, Ste 100-F, Sterling, Virginia, United States and has 47 employees. "FTS International has not closed our operations in Eighty Four and Venetia, Pa.," said FTSI spokeswoman Karen Testa in an e-mail Monday. FTS International Inc. SEC filings breakout by MarketWatch. Safety is at the top of their list." -Joshua Conaway Michael Doss, Chief Executive Officer, commented, "Today is an important day for FTSI. FTS is passionate about identifying and growing new talent, in particular contributing to the education of promising students. 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. FTS International has 2,400 employees across 11 locations and $776.6 M in annual revenue in FY 2019. View the FTSI U.S. Securities and Exchange Commission reporting information. Fort Worth, TX 76102. 777 Main Street, Suite 2900. 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. Senior management was dysfunctional with a no direction CEO. This page was last updated on 12/28/2021 by MarketBeat.com Staff. Toll Free: 866.877.1008 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 . Suite 2900. South Branch 5327 Winners Circle Rd, Morristown, TN 37813 +1(423)585-0212 . The most common FTS International email format is first '.' last (ex. To ensure mission success we focus on putting our customers first while minimizing corporate bureaucracy on our staff. 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. Their forecasts range from $32.00 to $32.00. There are 37 companies in the Fts International Services, LLC corporate family. Company will emerge debt-free, paving the way for future strategic growth. The company's services stimulate hydrocarbon flow from oil and natural gas wells drilled by exploration and production companies primarily in shale . Salaries, reviews, and more - all posted by employees working at FTS International. FTS International, Inc. provides hydraulic fracturing services in North America. 7mo. 4,300. FTS International is one of the largest well completion companies in North America. FTS International, Inc. provides hydraulic fracturing services in North America. Its services stimulate hydrocarbon flow from oil and natural gas wells drilled by exploration and production (E&P) companies. 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 . FTS International peak revenue was $3.2B in 2020. 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, 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 . Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, discusses FTS International. It operates in five unconventional basins in the United States. 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. On average, they anticipate FTS International's stock price to reach $32.00 in the next twelve months. 369 followers. FTS International, Inc. engages in the provision of oil and natural gas well completion services. The lack of notice is allegedly in violation of the WARN Act. Knoxville TVA Employees Credit Union. Description: FTS International, LLC (FTS) is committed to providing the Federal Government with quality consultants and support. Ever since, we have provided the federal government with highly dedicated mission support personnel. With no time to spare, international, seasonal employees express challenges in finding local housing. Its services stimulate hydrocarbon flow from oil and natural gas wells drilled by exploration and production (E&P) companies. FTS International, Inc. provides hydraulic fracturing services in North America. Let's go ahead and get started so thank you for joining us. A free inside look at company reviews and salaries posted anonymously by employees. While FTS International employees earn an average yearly salary of $50,391, different roles can command different wages. 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. 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 wave of rapid cost-cutting and right-sizing in the oilpatch continues with layoff announcements from Houston-based Apache Corp. and Fort Worth, Texas-based FTS International. Company spokeswoman Lynaia Lutes confirmed the layoffs early Wednesday afternoon, explaining that all operations in the region . FTS International is one of the largest well completion companies in North America and has a joint venture in China with Sinopec Group. All content is posted anonymously by employees working at FTS International (Virginia). 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. The company operates in unconventional basins in the United States; and serves oil and natural gas E&P companies in North America. This is the FTS International (Virginia) company profile. Read More Time to Serve You FTS SERVICES Find out more . 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 Inc. 777 Main Street. Company spokeswoman Lynaia Lutes confirmed the layoffs early Wednesday afternoon, explaining that all operations in the region . Where is FTS International headquarters? Competitors of FTS International include Altra Industrial Motion, Megatech Engineers and Geysen. 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 . The employees at Bryan Plant came in on Wednesday morning, on April 8 th, and learned that they no longer had a job. FTS International - Home Company Overview FTS International is one of the largest well completion companies in North America. The decision is mentioned in an internal memo from the company's chief executive officer that was provided to the Observer-Reporter. View FTS International (www.ftsi.com) location in Texas, United States , revenue, industry and description. Phone 1 817 862-2000. Fort Worth, Texas 76102. We provide voluntary health benefits and programs to our employees that promote safety and enhanced well-being, while also improving productivity and resilience. 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. 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, llc. All content is posted anonymously by employees working at FTS International (Virginia). . 890. " 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. | FTS International is one of the largest well completion companies in North America. FTS International is one of the largest well completion companies in North America. FTS International, formerly known as Frac Tech (FTSI - www.ftsi.com ), is an onshore oil and natural gas well stimulation services provider. We are FTSI. Its services include pressure pumping, wire line and perforating, reservoir optimization, and equipment manufacturing. FTS INTERNATIONAL Employee Directory. [email protected]) being used 100.0% of the time.. Get Verified Emails for FTS International Employees FTS International, LLC (FTS) is committed to providing the Federal Government with quality consultants and support. $3.2B (2020) Number of Employees. 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 . As such . FTS International revenue is $3.2B annually. Sector Companies on the Energy Service. 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 . Get a full understanding of how FTS International, Inc. Class A is performing with stock quotes and prices, as well as real . FTS International, Inc. (NYSE: FTSI) ("FTSI") Buyer: ProFrac Holdings, LLC On October 22, 2021, FTSI announced that it had entered into an agreement to be acquired by ProFrac in a deal valued . Find the latest FTS International, Inc. Class A, FTSI stock market data. We are Stronger. FORT WORTH, Texas- (BUSINESS WIRE)-FTS International, Inc. (NYSE American: FTSI) ("FTSI" or the "Company") today announced that it has successfully completed its fully consensual financial restructuring and has emerged from Chapter 11. This is the FTS International (Virginia) company profile. ABOUT US. Find out more . www.fts-intl.com. There was no accountability of senior management. Who are FTS International competitors? ABOUT US. 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. 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 headquarters is located at 45195 Business Ct Suite 100-F, Sterling. FTS International operates 1,117 trucks with 578 drivers, according to the Federal Motor Carrier Safety Administration. FTS International's mailing address is 777 Main St Ste 2900, Fort Worth, Texas 76102-5318. The company operates in unconventional basins in the United States; and serves oil and natural gas E&P companies in North America. "Rather than having a scripted set of benefits for the whole company, FTS International lets employees decide. Based in Fort Worth, Texas. FTS International to Be Acquired by ProFrac for $26.52 Per Share in Cash. FTS International, Inc. (AMEX: FTSI) stock price is $26.16 as of the last check on Monday, Dec 20. They take care of their 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. FTS International, Inc. engages in the provision of oil and natural gas well completion services. 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 . The workers in Shreveport, who lost 89 jobs, will now be down to a headcount of 166. See what employees say it's like to work at FTS International. Vice President, Health, Safety & Environmental (Former Employee) - Fort Worth, TX - December 21, 2019. FTS International, LLC. 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. SHREVEPORT, LA (KSLA) - FTS International has announced a total of 127 job cuts at its Shreveport and Longview locations. 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. Its services include pressure pumping, wire line and perforating, reservoir optimization, and . 1001-5000 Employees. Sterling, VA 20166 -225 7660 Fax: 703-621-1133 . I'm here with Buddy in Fort Worth. FTS International | 22,176 followers on LinkedIn. This suggests a possible upside of 22.2% from the stock's current price. FTS International is an oil field service company that employees over 4,000 workers. Through our values of innovation, agility . After extensive research and analysis, Zippia's data science team found the following key financial metrics. FTS International, LLC . FTS International, Inc. engages in the provision of oil and natural gas well completion services. [The following is an excerpt from the transcript of the conference call held by executives of FTS International, Inc. with employees of FTS International, Inc. on December 8, 2021.] 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. FTS International has 4,300 employees, and the revenue per employee ratio is $744,186.05. Through our values of innovation, agility . The work was great working with field management and employees. 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 . If you visit any of the sites used to hunt for housing . We are Better. The company can be reached via phone at 817 862 2000. 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. Fiscal Year-end 12 . 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. 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 . See insights on FTS International including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Find out more . FTSI has dysfunctional Senior management. 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. Alright, well good afternoon everyone. FTS International, Inc. (NYSE American: FTSI) ("the Company" or "FTSI") today announced that it has entered into a . 1 Wall Street analysts have issued twelve-month price targets for FTS International's stock. 323 reviews from FTS International employees about FTS International culture, salaries, benefits, work-life balance, management, job security, and more. FTS International uses 1 email formats. Both companies. We provide Subject Matter Experts (SME) free of Organizational Conflicts of Interest (OCI) focused . Industry Oil & Gas Products/Services. 817.862.2000. Fts International Services, LLC is located in San Antonio, TX, United States and is part of the Other General Purpose Machinery Manufacturing Industry. and learn more about FTS International. FTS International, Inc. (NYSE American: FTSI) . Description. Fts International Services, LLC has 11 employees at this location. 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