Select Water SolutionsWTTR
WTTR
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
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
251% more call options, than puts
Call options by funds: $1.78M | Put options by funds: $505K
181% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 16
31% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 62
13% more funds holding
Funds holding: 193 [Q2] → 219 (+26) [Q3]
8% more capital invested
Capital invested by funds: $937M [Q2] → $1.01B (+$74.7M) [Q3]
3.19% more ownership
Funds ownership: 85.28% [Q2] → 88.47% (+3.19%) [Q3]
20% less funds holding in top 10
Funds holding in top 10: 5 [Q2] → 4 (-1) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$18
28%
upside
Avg. target
$18
28%
upside
High target
$18
28%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Citigroup Scott Gruber 53% 1-year accuracy 36 / 68 met price target | 28%upside $18 | Buy Maintained | 10 Jan 2025 |
Financial journalist opinion
Neutral
PRNewsWire
2 months ago
SELECT WATER SOLUTIONS TO PARTICIPATE IN WATER TOWER RESEARCH FIRESIDE CHAT SERIES
GAINESVILLE, Texas , Nov. 12, 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 Chris George, Executive Vice President and Chief Financial Officer, and Michael Skarke, Executive Vice President and Chief Operational Officer, will be participating in the Water Tower Research Fireside Chat Series on November 13, 2024, at 12:00 p.m. Eastern Time / 11:00 a.m.
Negative
Benzinga
2 months ago
Top 3 Energy Stocks That Are Ticking Portfolio Bombs
As of Nov. 7, 2024, three stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Neutral
Seeking Alpha
2 months ago
Select Water Solutions, Inc. (WTTR) Q3 2024 Earnings Call Transcript
Select Water Solutions, Inc. (NYSE:WTTR ) Q3 2024 Earnings Conference Call November 6, 2024 11:00 AM ET Company Participants Garrett Williams - Vice President, Corporate Finance & Investor Relations John Schmitz - Founder, Chairman, President & Chief Executive Officer Chris George - Executive Vice President & Chief Financial Officer Michael Skarke - Executive Vice President & Chief Operating Officer Conference Call Participants Jim Rollyson - Raymond James Bobby Brooks - Northland Capital Markets Tom Curran - Seaport Research Partners Don Crist - Johnson Rice Jeff Robertson - Water Tower Research Operator Ladies and gentlemen, good morning, and welcome to the Select Water Solutions Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Positive
Zacks Investment Research
2 months ago
Select Water Solutions, Inc. (WTTR) Reports Q3 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 September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
2 months ago
Select Water Solutions, Inc. (WTTR) Q3 Earnings and Revenues Beat Estimates
Select Water Solutions, Inc. (WTTR) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.14 per share a year ago.
Neutral
PRNewsWire
2 months ago
Select Water Solutions Announces Third Quarter 2024 Financial Results and Operational Updates
Generated revenue of $371 million during the third quarter of 2024, an increase of 2% sequentially compared to the second quarter of 2024 Produced $51.9 million of Operating Cash Flow and $20.4 million of Free Cash Flow during the third quarter of 2024 Increased Net income 26% and improved Adjusted EBITDA 4% sequentially during the third quarter of 2024 relative to the second quarter of 2024 Water Infrastructure segment revenue, gross profit and gross profit before D&A increased sequentially by 20%, 42% and 33%, respectively, in the third quarter of 2024 as compared to the second quarter of 2024 Secured multiple new long-term contracts for pipeline gathering, recycling & disposal infrastructure projects, with anticipated new capital deployment of $37 – $42 million HOUSTON , Nov. 5, 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 third quarter ended September 30, 2024. John Schmitz, Select's Chairman of the Board, President and Chief Executive Officer, stated, "During the third quarter Select delivered another quarter of continued margin improvement and profitability, while generating solid free cash flow.
Neutral
PRNewsWire
2 months ago
Select Water Solutions Increases Quarterly Cash Dividend 17%
GAINESVILLE, Texas , Oct. 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 $0.07 per share of Class A common stock, a 17% increase, to be paid on November 15, 2024, to holders of record as of the close of business on November 5, 2024. A comparable distribution of $0.07 per unit has also been approved to the unitholders of SES Holdings, LLC, which will be subject to the same payment and record dates.
Neutral
Zacks Investment Research
2 months ago
Select Water Solutions, Inc. (WTTR) to Report Q3 Results: What to Expect
Select Water Solutions, Inc. (WTTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
PRNewsWire
2 months ago
Select Water Solutions Announces 2024 Third Quarter Earnings Release and Conference Call Schedule
GAINESVILLE, Texas , Oct. 21, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) today announced that it will release 2024 third quarter financial results on Tuesday, November 5, 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, November 6, 2024 at 11:00 a.m.
Neutral
Seeking Alpha
5 months ago
Select Water Solutions, Inc. (WTTR) Q2 2024 Earnings Call Transcript
Select Water Solutions, Inc. (WTTR) Q2 2024 Earnings Call Transcript
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