THE WOODLANDS, Texas, May 5, 2025 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced that its senior management will participate at the D. Boral Capital Inaugural Global Conference at The Plaza Hotel in New York City on May 14, 2025.   Brady Murphy, Chief Executive Officer, Elijio Serrano, Chief Financial Officer and Kurt Hallead, VP of Investor Relations and Treasurer will be hosting one-on-one meetings with institutional investors on May 14.Investors interested in sch ...

Financial Data and Key Metrics Changes - TETRA reported a record first quarter adjusted EBITDA of $32.3 million, with adjusted EBITDA margins of 20.5% [5][11] - Total revenue reached $157 million, reflecting a 17% sequential increase and a 4% year-over-year increase [5][11] - Adjusted EBITDA increased by 41% sequentially and year-over-year [5] Business Line Data and Key Metrics Changes - Completion Fluids and Products segment revenue was $93 million, up 35% sequentially, with adjusted EBITDA of $33.2 million, a 77% sequential increase [21] - Water and Flowback Services segment revenue declined by 2% sequentially to $64 million but increased by 13% year-over-year, with adjusted EBITDA of $8.3 million [21][22] Market Data and Key Metrics Changes - Offshore deepwater operations saw a 60% year-over-year increase, with 24 deepwater projects worked on in the quarter compared to 15 in the same period last year [6] - The U.S. Frac activity declined approximately 10%, but TETRA's Water and Flowback Services outperformed this decline [7] Company Strategy and Development Direction - TETRA is focusing on emerging growth initiatives, including desalination of produced water and energy storage solutions [12][14] - The company plans to self-fund its bromine project without issuing equity or increasing debt, balancing investments with demand projections [18][19] - TETRA is prioritizing automation in its Water and Flowback segment to improve margins and operational efficiency [9][22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong second quarter outlook despite macroeconomic uncertainties, adjusting the lower end of adjusted EBITDA guidance for the first half of 2025 to $57 million [11][28] - The company anticipates continued growth in 2025, driven by strong free cash flow from its base business [28] Other Important Information - TETRA's liquidity at the end of the first quarter was approximately $219 million, with a net leverage ratio improved to 1.5 times [24] - The company is actively engaging with regulatory bodies to support beneficial reuse of produced water, indicating a positive trend in regulatory support [36][37] Q&A Session Summary Question: What are the biggest holdups for customers on commercial pilots for Oasis? - Management indicated that customers need to be comfortable with the technology and evolving environmental regulations, with expectations for multiple pilot projects in 2026 [34] Question: Can you provide specifics on regulatory support for beneficial reuse? - Management highlighted engagement with the Texas Railroad Commission and legislative movements supporting surface discharge and beneficial reuse of produced water [36] Question: Will the first production well for Evergreen be left uncompleted until the processing facility is ready? - Yes, the first well will be drilled and put on standby until the bromine processing facility is operational [40] Question: What is the outlook for the deepwater market compared to previous quarters? - Management noted that there have been no changes to scheduled deepwater projects, indicating resilience despite commodity price fluctuations [98][101]

Group 1: Earnings Performance - Tetra Technologies reported quarterly earnings of $0.11 per share, exceeding the Zacks Consensus Estimate of $0.08 per share, and up from $0.05 per share a year ago, representing an earnings surprise of 37.50% [1] - The company posted revenues of $157.14 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.84%, compared to year-ago revenues of $150.97 million [2] Group 2: Stock Performance and Outlook - Tetra Technologies shares have declined approximately 24.3% since the beginning of the year, while the S&P 500 has decreased by 6% [3] - The current consensus EPS estimate for the upcoming quarter is $0.13 on revenues of $172.08 million, and for the current fiscal year, it is $0.26 on revenues of $619.17 million [7] Group 3: Industry Context - The Oil and Gas - Field Services industry, to which Tetra Technologies belongs, is currently ranked in the top 30% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 (Address of Principal Executive Offices) (Zip Code) or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 1-13455 TETRA Technologies, Inc. (Exact name of registrant as specified in its ...

Exhibit 99.1 TETRA TECHNOLOGIES, INC. ANNOUNCES FIRST QUARTER 2025 RESULTS AND UPDATES FIRST-HALF 2025 GUIDANCE First Quarter 2025 Financial Highlights THE WOODLANDS, TEXAS, April 29, 2025 / PR Newswire / - TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced first quarter 2025 financial results. Brady Murphy, TETRA President and Chief Executive Officer, stated, "We are very pleased with our record first-quarter Adjusted EBITDA of $32.3 million, which increased 41% sequentially and also ...

Financial Performance - TETRA Technologies reported a record first-quarter Adjusted EBITDA of $32.3 million, a 41% increase sequentially and year-over-year, driven by strong performance in Completion Fluids and Products [2][3] - Total revenue for the first quarter was $157 million, reflecting a 17% sequential increase and a 4% increase compared to the previous year [2][8] - Net income before taxes and discontinued operations was $5.1 million, down from $7.4 million in the prior quarter due to unrealized mark-to-market gains [8] Segment Performance - Completion Fluids & Products generated revenue of $93 million, with adjusted EBITDA margins increasing to 35.7% from 27.3% in the previous quarter, supported by stronger deepwater activity [3][9] - Water & Flowback Services experienced a 2% decline in revenue sequentially, but adjusted EBITDA margins improved year-over-year by 340 basis points despite lower frac activity levels [3][11] Outlook and Guidance - The company anticipates a strong second quarter, expecting to benefit from seasonal peaks in European industrial chemicals and the completion of multiple deepwater projects [4] - Adjusted EBITDA guidance for the first half of 2025 has been revised to between $57 million and $65 million, with revenue guidance adjusted to between $315 million and $345 million [4] Cash Flow and Capital Expenditures - TETRA generated $3.9 million in cash from operating activities and $4.2 million in free cash flow during the first quarter, after investing $11.2 million in the Arkansas bromine project [5][18] - Total capital expenditures for the quarter were $18 million, with significant investments directed towards the Arkansas bromine facility [18][20] Balance Sheet and Liquidity - As of March 31, 2025, the company had cash and cash equivalents of $41 million and long-term debt of $180 million, resulting in a net leverage ratio of 1.5X [20][19] - Liquidity improved to $220 million as of April 28, 2025, including an unused $75 million delayed draw feature under the Term Credit Agreement [19] Emerging Growth Initiatives - TETRA is advancing its desalination project, TETRA Oasis TDS, in collaboration with EOG Resources, targeting the recycling of produced water for beneficial reuse [13] - The company is positioned to benefit from increased sales of battery electrolytes to Eos Energy Enterprises as they ramp up production [14]

Wall Street expects a year-over-year increase in earnings on higher revenues when Tetra Technologies (TTI) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 2 ...

Company Announcement - TETRA Technologies, Inc. will release its first quarter 2025 results after the market closes on April 29, 2025 [1] - A conference call to discuss the results will be held on April 30, 2025, at 10:30 a.m. Eastern Time, hosted by the President and CEO, Brady M. Murphy, and Senior Vice President and CFO, Elijio V. Serrano [1] Conference Call Details - Interested parties can listen to the conference call by calling the toll-free number 1-800-836-8184 or via live audio webcast [2] - A replay of the conference call will be available for one week following the call, and an archived webcast will be accessible for thirty days on the company's website [2] Company Overview - TETRA Technologies, Inc. is an energy services and solutions company focused on environmentally conscious services and solutions [3] - The company operates on six continents and has a portfolio that includes Energy Services, Industrial Chemicals, and Critical Minerals [3] - TETRA is expanding into the low-carbon energy market, leveraging its chemistry expertise, key mineral acreage, and global infrastructure to meet the demand for sustainable energy [3]

THE WOODLANDS, Texas, March 27, 2025 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) today announced a pilot project with EOG Resources, Inc. ("EOG") using TETRA Oasis Total Desalination Solution ("TDS"), an end-to-end water treatment and desalination solution for re-use and mineral extraction applications for produced water from oil and gas wells.  TETRA's solution includes a proprietary treatment process integrated with TETRA's exclusive membrane technologies to address the ...

Also Discloses Receipt of Nomination Notice from Shareholder Brad RadoffNotes Shareholders Are Not Required to Take Any Action at This TimeTHE WOODLANDS, Texas, March 25, 2025 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI), a leader in delivering energy services and new energy solutions, today announced that it intends to continue the refreshment of its Board of Directors (the "Board") at the Company's 2025 Annual Meeting of Shareholders (the "Annual Meeting").TETRA is Commi ...