Flowco Holdings Inc. Declares Quarterly Cash Dividend
HOUSTON--(BUSINESS WIRE)--Flowco Holdings Inc. (NYSE: FLOC) ('Flowco' or the 'Company'), a provider of production optimization, artificial lift and methane abatement solutions for the oil and natural gas industry, today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share of Class A common stock payable on May 28, 2025 to Class A common stockholders of record as of the close of business on May 14, 2025. Flowco MergeCo LLC, the Company's operating subsidiary, will make a corresponding distribution of $0.08 per unit to holders of its common units.
'I'm pleased to announce our first quarterly dividend, reinforcing our confidence in the Company's long-term strategy and strong financial position,' said Joe Bob Edwards, Chief Executive Officer of Flowco. 'We are committed to delivering value to our shareholders while also continuing to invest in the future growth of the company.'
While Flowco currently intends to continue paying regular quarterly cash dividends, the declaration, timing and amount of any future dividend is subject to the discretion and approval of the Company's Board of Directors and will depend on a number of factors, including the Company's results of operations, cash flows, financial position, capital requirements, restrictions under the Company's existing credit agreement and the requirements of applicable law.
About Flowco
Flowco is a leading provider of production optimization, artificial lift and methane abatement solutions for the oil and natural gas industry. The company's products and services include a full range of equipment and technology solutions that enable oil and natural gas producers to efficiently and cost-effectively maximize the profitability and economic lifespan of their assets. For more information on Flowco, visit https://ir.flowco-inc.com.
Forward-Looking Statements
The information in this press release includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts contained in this press release may be forward-looking statements. These statements generally relate to future events or our future financial or operating performance, and include, but are not limited to: statements regarding guidance or estimates related to the Company's results of operations or financial condition; industry trends, customer demand and industry outlook, and effects on Flowco's operations; Flowco's strategies and plans, including matters relating to the Company growth, capital expenditures, dividend policies, and leverage profile. When used in this press release, words such as 'expect,' 'project,' 'estimate,' 'believe,' 'anticipate,' 'intend,' 'plan,' 'seek,' 'forecast,' 'target,' 'predict,' 'may,' 'should,' 'would,' 'could,' and 'will,' the negative of these terms and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Forward-looking statements are based on management's current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions and uncertainties that are difficult to predict. Although Flowco believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. These risks and uncertainties are described further in Item 1A under the heading 'Risk Factors' and elsewhere in our annual report on Form 10-K for the year ended December 31, 2024 filed with the Securities and Exchange Commission. Flowco undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
25 minutes ago
- Yahoo
Ardian and ROYC Announce Partnership
STOCKHOLM, June 10, 2025--(BUSINESS WIRE)--ROYC, the leading global Platform-as-a-Service provider for alternative investments, and Ardian, one of Europe's largest private investment firms managing and advising $180 billion in AuM, are today happy to announce a partnership. ROYC will act as a key partner for Ardian in the rapidly growing private wealth segment in Europe. "We are proud to partner with Ardian, sharing the belief that technology and a data-driven approach are essential for enabling more LPs to invest in Ardian's funds cost-effectively", said Mathias Leijon, Founder & President of ROYC. Erwan Paugam, Head of Private Wealth Solutions at Ardian, added, "ROYC has made a strong impression on us with its technological platform and professionalism. They will be an important partner to expand our activities in private wealth and in particular for the fundraising of our Ardian Secondary Infrastructure Fund IX". About ROYC ROYC is the leading European B2B financial technology company that provides a complete private markets operating system, empowering private equity firms, banks, wealth managers, and multi-family offices to seamlessly access, distribute, and manage private investments at scale. As private markets expand, financial institutions require scalable, technology-driven solutions to manage complexity, optimizing fund operations, and delivering exceptional client experiences. ROYC combines state-of-the-art private markets technology with tailored fund structuring and investment solutions. Its intuitive, scalable platform replaces manual processes with automation and real-time data access, transforming how private market investments are managed across the entire fund lifecycle. About Ardian Ardian is a world-leading private investment firm, managing or advising $180bn of assets on behalf of more than 1,850 clients globally. Our broad expertise, spanning Private Equity, Real Assets and Credit, enables us to offer a wide range of investment opportunities and respond flexibly to our clients' differing needs. Through Ardian Customized Solutions we create bespoke portfolios that allow institutional clients to specify the precise mix of assets they require and to gain access to funds managed by leading third-party sponsors. Private Wealth Solutions offers dedicated services and access solutions for private banks, family offices and private institutional investors worldwide. Ardian's main shareholding group is its employees and we place great emphasis on developing its people and fostering a collaborative culture based on collective intelligence. Our 1,050+ employees, spread across 19 offices in Europe, the Americas, Asia and Middle East are strongly committed to the principles of Responsible Investment and are determined to make finance a force for good in society. Our goal is to deliver excellent investment performance combined with high ethical standards and social responsibility.
Yahoo
26 minutes ago
- Yahoo
Infobip Unveils CXOP: The Next Generation of AI-Powered Customer Conversations
Built on agentic AI, CXOP delivers intelligent, hyper-personalized experiences across the full customer journey VODNJAN, Croatia, June 10, 2025--(BUSINESS WIRE)--Global cloud communications platform Infobip today announced its Conversational Experience Orchestration Platform (CXOP) — a game-changing solution that places agentic AI at the heart of every customer interaction. CXOP enables brands to move beyond static, rules-based workflows to deliver dynamic, goal-oriented conversations across marketing, sales, and support — at scale. The announcement builds on Infobip's AI Hub, marking a major step forward by natively infusing agentic AI across Infobip's entire award-winning product stack — unifying channels, data, and automation into a single intelligent platform. Built on Microsoft Azure OpenAI in Foundry Models, CXOP uses intelligent AI agents to orchestrate personalized customer journeys across channels like WhatsApp, RCS, and web chat. These agents understand context, act autonomously, and seamlessly collaborate with human teams when needed — reducing time to resolution, improving loyalty, and cutting costs. Today's consumers expect instant, relevant, and seamless interactions no matter what the channel. CXOP meets this demand by unifying messaging, automation, and AI-powered assistance within a single, intelligent platform that adapts to behavior, sentiment, and intent in real time. With CXOP, businesses can: Deliver empathetic, goal-driven AI interactions across channels Slash response times and reduce service costs through automation Increase lead conversion and campaign performance with real-time personalization Support hybrid teams with human-in-the-loop for complex cases Launch fast with no-code or full-code deployment options At its core, CXOP leverages a network of intelligent, agentic AI assistants that understand user intent and execute context-sensitive workflows. These agents don't just answer — they guide, solve, and act, creating fluid, human-like experiences from lead generation to retention. "CXOP enables enterprises to move beyond static workflows and deliver intelligent, empathetic interactions at scale," said Ivan Ostojić, Chief Business Officer at Infobip. "It's a foundational step toward building AI-first customer experiences that drive measurable business impact." "Using agentic AI instead of a rules-based automation, Infobip's new CXOP is an enhancement for customer experiences," said Myladie Stoumbou, Sr Director ISV Partnerships, at Microsoft. "Available within the Microsoft Azure Marketplace, clients can access such certified products and eliminate the complexity of managing individual vendor relationships." About Infobip Infobip is a global cloud communications platform that enables businesses to build connected experiences across all stages of the customer journey. Accessed through a single platform, Infobip's omnichannel engagement, identity, user authentication and contact center solutions help businesses and partners overcome the complexity of consumer communications to grow business and increase loyalty. View source version on Contacts Marcelo Bojana Mandić Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
26 minutes ago
- Business Wire
Helping UK construction SMEs stay compliant – with KMS and Resco Inspections+
LONDON--(BUSINESS WIRE)--Staying compliant with building regulations is becoming more demanding, especially for smaller construction companies. The Building Safety Act, along with the Golden Thread of Information, means that every project must now come with a clear, traceable record of decisions, inspections, and data. For many small to medium-sized businesses, that's easier said than done. Let's face it: construction SMEs are under pressure. Regulations are stricter than ever. Teams are busy. Resources are limited. But the need to collect, manage, and share accurate project data hasn't gone away – in fact, it's now critical. Share That's why Resco partnered with KMS – a specialist in project-centric CRM for the construction industry – to bring a new digital solution to the UK market. Together, they are making compliance easier, faster, and far less stressful. Why this matters Let's face it: construction SMEs are under pressure. Regulations are stricter than ever. Teams are busy. Resources are limited. But the need to collect, manage, and share accurate project data hasn't gone away – in fact, it's now critical. One mistake or missing document can lead to costly delays, fines, or reputational damage. The recent partnership brings together KMS' construction CRM with Resco Inspections+, a mobile-first solution built for capturing field data. The result? A connected, user-friendly platform that helps construction teams stay on top of compliance requirements – without adding extra admin or complexity. What you can do with KMS + Resco solution Stay compliant with the Building Safety Act With clear documentation and up-to-date data, you can meet the Golden Thread of Information requirements confidently. Capture field data easily Whether it's site surveys, safety checks, or inspections, your team can log it all on the spot – even offline. No paper forms, no duplicated work. Keep everything in one place The integration syncs field data directly with KMS CRM. That means your records are always up to date and easy to access. Maintain a strong audit trail Every task is linked to your project records, so you can prove compliance when it matters – from planning approvals to final sign-offs. Built for real construction projects KMS + Resco solution offers a straightforward, cost-effective solution that helps UK construction SMEs stay compliant with the Building Safety Act. It's designed for the way construction teams actually work – out in the field, under pressure, juggling deadlines, and often without a reliable data connection. With real-time updates, seamless task scheduling, and automated reporting, it cuts down on manual tasks and gives you a clearer picture of your project status at all times. Want to see it in action? By integrating Resco's Inspections+ with KMS' CRM, construction teams can easily capture and manage key project data, ensuring compliance and reducing risks. This solution streamlines workflows, provides an audit trail, and helps businesses meet regulatory standards without the complexity. Learn how this partnership can simplify compliance and improve project management. Request a demo of Resco Inspections+ to see how it can benefit your team.
