Flowco to dual list on NYSE Texas exchange

Published 14/08/2025, 14:08
Flowco to dual list on NYSE Texas exchange

HOUSTON - Flowco Holdings Inc. (NYSE:FLOC), currently trading near its 52-week low of $15.58, announced it will dual list its Class A common stock on NYSE Texas, Inc., the new fully electronic equities exchange headquartered in Dallas, while maintaining its primary listing on the New York Stock Exchange.

Trading of Flowco shares on NYSE Texas will begin on August 15, 2025, under the same FLOC ticker symbol used on the NYSE, according to a company press release.

"Flowco was established and is headquartered in Texas, where we’ve built a significant operational presence and cultivated strong partnerships with customers, vendors, and communities across the state," said Joe Bob Edwards, Flowco’s President and Chief Executive Officer. According to InvestingPro analysis, the company maintains strong financial health with revenue of $760.92M and a healthy current ratio of 3.25.

The company will join as a Founding Member of NYSE Texas, which recently launched as a fully electronic exchange based in Dallas.

Flowco provides production optimization, artificial lift and methane abatement solutions for the oil and natural gas industry. The company offers equipment and technology solutions that help oil and natural gas producers manage their assets. With a gross profit margin of 50.74% and trading below InvestingPro’s Fair Value estimate, Flowco shows promising fundamentals. Discover more insights and 7 additional ProTips with an InvestingPro subscription.

NYSE Texas is a newly established exchange and part of the NYSE Group. Chris Taylor, Chief Development Officer of NYSE Group, noted that Flowco would be "a valuable addition to the NYSE Texas community of Founding Members."

In other recent news, Flowco Holdings Inc. reported its second-quarter earnings for 2025, which showed a notable shortfall in its earnings per share (EPS) forecast. The company announced an EPS of $0.21, significantly below the anticipated $0.36, marking a negative surprise of 41.67%. This earnings miss is a critical development for investors considering the company’s financial health. Despite this, the company’s stock price experienced a modest rise in pre-market trading. These recent developments are essential for investors to consider when evaluating Flowco Holdings. No additional news regarding mergers, acquisitions, or analyst ratings for Flowco Holdings was provided.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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