Flowco initiated with an Outperform at BMO Capital

BMO Capital initiated coverage of Flowco (FLOC) with an Outperform rating and $33 price target The firm likes the company’s “differentiated” technology and market leadership in artificial lift and methane abatement businesses. Flowco’s leading position in high pressure gas lift and vapor recovery units is expected to drive double-digit revenue growth through 2026, the analyst tells investors in a research note.