TETRA TechnologiesTTI
Market Cap: $397M
About: Tetra Technologies Inc is a diversified oil and gas services company, focused on completion fluids and associated products and services, water management, frac flowback, production well testing, offshore rig cooling, and compression services. It has two reporting segments namely Completion Fluids & Products, and Water & Flowback Services. The Completion Fluids & Products Division manufactures and markets clear brine fluids, additives, and associated products and services. The Water & Flowback Services Division provides onshore oil and gas operators with comprehensive water management services. The company derives maximum revenue from United states.
Employees: 1,500
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
404% more capital invested
Capital invested by funds: $405M [Q1] → $2.04B (+$1.64B) [Q2]
51% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 47
9% less call options, than puts
Call options by funds: $3.09M | Put options by funds: $3.38M
3% less funds holding
Funds holding: 179 [Q1] → 173 (-6) [Q2]
19% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 32
44.79% less ownership
Funds ownership: 113.58% [Q1] → 68.79% (-44.79%) [Q2]
100% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 0 (-3) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for TTI.