Select Water Solutions
WTTR
Market cap $1.15B

11.23 USD

-0.10

0.88%

At close Oct 17, 4:00 PM EDT

After hours

11.23

+0.00

0.00%

1 day

-0.88%

5 days

-1.23%

1 month

-0.88%

3 months

-0.71%

6 months

25.06%

Year to date

49.73%

1 year

44.53%

5 years

50.54%

About: Select Water Solutions Inc provides sustainable water and chemical solutions to the energy industry. These solutions are supported by the company's critical water infrastructure assets, chemical manufacturing, and water treatment and recycling capabilities. Its reportable segments are Water Services, Water Infrastructure, and Chemical Technologies. It generates the majority of its revenue from Water Services.

Employees: 4,200

Energy Oil & Gas Field Services

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

3,814% more call options, than puts

Call options by funds: $1.41M | Put options by funds: $36K

35% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 54

25% more funds holding in top 10

Funds holding in top 10: 4 [Q1] → 5 (+1) [Q2]

19% more capital invested

Capital invested by funds: $774M [Q1] → $922M (+$148M) [Q2]

1.59% more ownership

Funds ownership: 82.28% [Q1] → 83.87% (+1.59%) [Q2]

3% less funds holding

Funds holding: 199 [Q1] → 193 (-6) [Q2]

15% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 40

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Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$14.50

29%

upside

Avg. target

$14.50

29%

upside

High target

$14.50

29%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

Northland Capital Markets

Bobby Brooks

50% 1-year accuracy

5 / 10 met price target

29%upside

$14.50

Outperform

Upgraded

22 Aug 2024

See Analyst Rankings

Financial journalist opinion

Select Water Solutions, Inc. (WTTR) Q2 2024 Earnings Call Transcript

Select Water Solutions, Inc. (WTTR) Q2 2024 Earnings Call Transcript

Select Water Solutions, Inc. (WTTR) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Select Water Solutions, Inc. (WTTR) Reports Q2 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Select Water Solutions, Inc. (WTTR) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Select Water Solutions, Inc. (WTTR) Reports Q2 Earnings: What Key Metrics Have to Say

Zacks Investment Research

Select Water Solutions, Inc. (WTTR) Surpasses Q2 Earnings Estimates

Select Water Solutions, Inc. (WTTR) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.20 per share a year ago.

Select Water Solutions, Inc. (WTTR) Surpasses Q2 Earnings Estimates

Select Water Solutions Announces Second Quarter 2024 Financial Results and Operational Updates

Generated revenue of $365 million during the second quarter of 2024 Generated $83.1 million of Operating Cash Flow and $37.4 million of Free Cash Flow during the second quarter of 2024 Net income more than tripled and Adjusted EBITDA improved 17% sequentially during the second quarter of 2024 relative to the first quarter of 2024 Water Infrastructure segment revenue, gross profit and gross profit before D&A increased by 8%, 28% and 17%, respectively, in the second quarter of 2024 as compared to the first quarter of 2024 During the second quarter of 2024, closed on the acquisition of disposal assets and operations in the Northeast for $9 million of cash consideration Contracted multiple new pipeline gathering, recycling & disposal infrastructure projects supported by long-term contracts in the Permian Basin, with anticipated new capital deployment of $55 million – $60 million HOUSTON , July 30, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and technology solutions to the energy industry, today announced its financial and operating results for the quarter ended June 30, 2024. John Schmitz, Chairman of the Board, President and CEO, stated, "During the second quarter we achieved our goal and demonstrated our successes in improving the margin and profitability profile of the business, while generating strong free cash flow.

Select Water Solutions Announces Second Quarter 2024 Financial Results and Operational Updates

Select Water Solutions Announces Quarterly Cash Dividend of $0.06 Per Share

HOUSTON , July 25, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and chemical solutions to the energy industry, today announced that its Board of Directors declared a quarterly cash dividend of $0.06 per share of Class A common stock, to be paid on August 16, 2024, to holders of record as of the close of business on August 5, 2024. A comparable distribution of $0.06 per unit has also been approved to the unitholders of SES Holdings, LLC, which will be subject to the same payment and record dates.

Select Water Solutions Announces Quarterly Cash Dividend of $0.06 Per Share

Select Water Solutions Announces 2024 Second Quarter Earnings Release and Conference Call Schedule

HOUSTON , July 23, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) today announced that it will release 2024 second quarter financial results on Tuesday, July 30, 2024 after the market closes. In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Wednesday, July 31, 2024 at 11:00 a.m.

Select Water Solutions Announces 2024 Second Quarter Earnings Release and Conference Call Schedule

Select Water Solutions Announces Release of 2023 Sustainability Report

Select's focus on reducing greenhouse gas ("GHG") emissions resulted in a 9% reduction in combined Scope 1 and Scope 2 emissions intensity from 2022 Select treated or recycled 18.4 billion gallons of water, a 37% increase from 2022 Select recycled 6.6 billion gallons of water at our fixed facilities, a 47% increase from 2022, reflecting the continued expansion of our Water Infrastructure segment Select meaningfully exceeded the annual water recycling and employee safety targets embedded in the Company's sustainability-linked credit facility for 2023 by 319% and 57%, respectively HOUSTON , July 10, 2024 /PRNewswire/ -- Select Water Solutions (NYSE: WTTR), a leading provider of sustainable water management and chemical solutions, proudly announces the publication of its 2023 Sustainability Report. This report underscores Select's unwavering commitment to environmental stewardship, operational excellence, and innovative practices that drive sustainable growth in the energy sector.

Select Water Solutions Announces Release of 2023 Sustainability Report

Select Water Solutions Not Yet Selected

Select Water Solutions, Inc., an oilfield water service and chemicals company, has a market capitalization of $1.2 billion. It pays a 2.4% dividend. The oilfield services sector is under pressure, again, as billions in mergers and acquisitions lead to companies consolidating their drilling activities. The Permian Basin contends with an estimated 20 million BPD of produced water; water handling services are key.

Select Water Solutions Not Yet Selected

SELECT WATER SOLUTIONS ANNOUNCES UPCOMING INVESTOR CONFERENCE SCHEDULE

HOUSTON , June 13, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and chemical solutions to the energy industry, today announced its upcoming investor conference schedule for the remainder of the second quarter and the third quarter of 2024. Select's senior management will be participating in several upcoming investor conferences as outlined below.

SELECT WATER SOLUTIONS ANNOUNCES UPCOMING INVESTOR CONFERENCE SCHEDULE

SELECT WATER SOLUTIONS TO PARTICIPATE IN WATER TOWER RESEARCH FIRESIDE CHAT SERIES

HOUSTON , May 21, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and chemical solutions to the energy industry, today announced that John Schmitz, Chairman of the Board, President and CEO, and Chris George, Executive Vice President and Chief Financial Officer, will be participating in the Water Tower Research Fireside Chat Series on May 22, 2024, at 11:00 a.m. Eastern Time / 10:00 a.m.

SELECT WATER SOLUTIONS TO PARTICIPATE IN WATER TOWER RESEARCH FIRESIDE CHAT SERIES

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