Why this matters: The contract’s uncertainty affects Flotek’s involvement in Puerto Rico’s temporary emergency power generation project, which is crucial for the island’s energy needs.
Flotek Industries announced on Tuesday that it is maintaining its financial projections for 2026, despite uncertainty surrounding its participation in a temporary emergency power generation project in Puerto Rico. The announcement comes after the Financial Oversight and Management Board (JCF) requested the cancellation of the contract signed with the Puerto Rico Electric Power Authority (PREPA).
Flotek Industries stated that its financial projections for 2026 remain unchanged, despite the uncertainty surrounding the project.
In context — 787daily, from public data
0.1%of LUMA customers without power
37-day average 0.3% · worst 1.8%, Sep 30
LUMA's portal showed 0.1% of customers out at 6:48 AM AST on Oct 13, 2026. Across the 37 days 787daily has tracked it, the daily average is 0.3% and the worst was 1.8% on Sep 30, 2026.
Worst of LUMA's five full years, up from 26.3 hours the year before
Customers averaged 28.4 hours without power in the fiscal year that ended in June 2026, the worst of the five full years LUMA has run the grid and up from 26.3 hours the year before.
LUMA operates the transmission and distribution system.