Flotek Industries said work tied to its previously announced 10-year Puerto Rico emergency power project agreement has been suspended, while its 2026 financial guidance remains unchanged because the outlook did not include any contribution from the PREPA contract. The company said PREPA directed consortium parties on Aug. 17 to immediately hold project development work after the Financial Oversight and Management Board for Puerto Rico voted to tell PREPA to terminate the contract, though Flotek said it had not received a formal termination notice as of Aug. 18. Flotek reiterated the project's timing and scope remain uncertain and subject to the contract dispute, financing and bonding, regulatory approvals and eventual deployment. The company also said it filed an 8-K with the Securities and Exchange Commission, and maintained the revenue guidance it raised on Aug. 4 to $340 million to $350 million and Adjusted EBITDA of $47 million to $51 million, excluding any PREPA-related contribution. The update follows Wolfpack Research's Aug. 17 short report and a roughly 20% share-price drop, as well as Johnson Fistel's investigation into whether Flotek's earlier disclosures about the proposed 400-megawatt Aguirre Power Plant project and related risks were materially misleading.