FORT WORTH, Texas–(BUSINESS WIRE)–FTS International, Inc. announced today that it has launched its initial public offering of 15,151,516 shares of its common stock. The initial public offering price is expected to be between $15.00 and $18.00 per share. In addition, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 2,272,727 shares of FTSI’s common stock at the initial public offering price, less underwriting discounts and commissions. The shares have been authorized for listing on the New York Stock Exchange under the ticker symbol “FTSI,” subject to official notice of issuance.

Credit Suisse and Morgan Stanley are acting as the book-running managers. Wells Fargo Securities; Barclays; Citigroup; and Evercore ISI are also acting as book-runners. Guggenheim Securities; Simmons & Company International, Energy Specialists of Piper Jaffray; Tudor, Pickering, Holt & Co.; and Cowen are acting as co-managers.

About FTS International, Inc.

FTS International, Inc. is one of the largest providers of hydraulic fracturing services in North America. Our services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production, or E&P, companies in shale and other unconventional resource formations.