Flowco: Continues Steady Performance, Remains Undervalued Compared To Rental Market
Flowco reported strong second-quarter results, with 23% EBITDA growth and robust rental revenue following the Valiant acquisition. The article notes Flowco continues to trade at a significant discount to compression peers despite its balance sheet strength, and that recurring revenue from long-term well lifecycle services underpins consistent free cash flow and supports regular and special dividends.
Why it matters — FLOC watchers would note the company's strong operating results, steady cash flow, and the view that it remains undervalued relative to its rental-market peers.