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TETRA Technologies (TTI) Investor Presentation - Slideshow
2019-12-11 14:11
Company Profile - TETRA's NYSE ticker symbol is TTI, with a recent share price of $1.29 and a market capitalization of $162 million[6] - CSI Compressco LP's NASDAQ ticker symbol is CCLP, with a recent share price of $2.24 and a market capitalization of $105 million[6] - TTI owns 35% of CCLP[6] Business Segments Performance - Completion Fluids & Products division achieved an Adjusted EBITDA margin of 23.7% in Q3 2019, the highest since Q4 2015, excluding TETRA CS Neptune® Completion Fluids[12] - Compression Services maintained high utilization at 90.1% and gross margins at 53.2%[12] - Completion Fluids & Products revenue was $59.3 million in Q3 2019[108] Financial Highlights - Adjusted EBITDA before discontinued operations was $46.2 million in Q3 2019[12] - TETRA's only adjusted free cash flow was $9.7 million in Q3 2019[12] - TTI's revenue for the trailing twelve months (TTM) ending Q3 2019 was $1061 million[90] Strategic Initiatives - Restructuring efforts are expected to reduce SG&A expenses by an estimated $8 million to $10 million on an annualized basis from Q3 2019[14] - The company anticipates a non-cash charge of approximately $80 million to $100 million in Q4 2019 related to writing down the El Dorado plant asset values[15] - The water services market is valued at $23.6 billion[47]
TETRA Technologies(TTI) - 2019 Q3 - Earnings Call Transcript
2019-11-08 04:34
TETRA Technologies Inc. (NYSE:TTI) Q3 2019 Earnings Conference Call November 7, 2019 10:30 AM ET Company Participants Brady M. Murphy - Chief Executive Officer Elijio Serrano - Chief Financial Officer Jacek Mucha - Vice President of Finance & Treasurer Conference Call Participants Praveen Narra - Raymond James John Watson - Simmons Energy Steven Gengaro - Stifel Inc Operator Good morning and welcome to the TETRA Technologies Third Quarter 2019 Results Conference Call. The speakers for today's conference cal ...
TETRA Technologies(TTI) - 2019 Q3 - Quarterly Report
2019-11-07 22:47
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 SEPTEMBER 30, 2019 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 charter) Delaware 74-2148293 (State or Other Jur ...
TETRA Technologies(TTI) - 2019 Q1 - Earnings Call Transcript
2019-08-09 13:09
TETRA Technologies Inc. (NYSE:TTI) Q2 2019 Earnings Conference Call August 8, 2019 10:30 AM ET Company Participants Brady Murphy - Chief Executive Officer Elijio Serrano - Chief Financial Officer Conference Call Participants Praveen Nara - Raymond James Ltd. Thomas Curran - Riley FBR Stephen Gengaro - Stifel Inc. John Watson - Simmons International Coleman Sullivan - Wells Fargo Securities Operator Good morning and welcome to the TETRA Technologies Second Quarter 2019 Results Conference Call. The speakers f ...
TETRA Technologies(TTI) - 2019 Q2 - Quarterly Report
2019-08-08 22:56
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended JUNE 30, 2019 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 charter) Delaware 74-2148293 (State or Other Juri ...
TETRA Technologies(TTI) - 2019 Q1 - Quarterly Report
2019-05-09 23:47
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended MARCH 31, 2019 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 charter) Delaware 74-2148293 (State or Other Jur ...
TETRA Technologies(TTI) - 2018 Q4 - Annual Report
2019-03-04 21:44
UNITED STATES SECURITIES AND EXCHANGE COMMISSION 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 THE REGISTRANT AS SPECIFIED IN ITS CHARTER) (STATE OR OTHER JURISDICTION OF (I.R.S. EMPLOYER INCORPORATION OR ORGANIZATION) IDENTIFICATION NO.) WASHINGTON D.C. 20549 FORM 10-K (MARK ONE) [ X ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXC ...
Tetra Technologies (TTI) To Present At Raymond James Institutional Investors Conference - Slideshow
2019-03-04 18:18
Investor Presentation March 2019 ©2019 TETRA Technologies, Inc. 1 Forward Looking Statements & Non-GAAP Measures Forward-Looking Statements: This presentation includes certain statements that are or may be deemed to be forward-looking statements. Generally, the use of words such as "may," "will," "expect," "intend," "estimate," "projects," "anticipate," "believe," "assume," "could," "should," "plans," "targets" or similar expressions that convey the uncertainty of future events, activities, expectations or ...
TETRA Technologies(TTI) - 2018 Q4 - Earnings Call Transcript
2019-02-28 23:10
TETRA Technologies Inc. (NYSE:TTI) Q4 2018 Results Conference Call February 28, 2018 10:30 AM ET Company Participants Stuart Brightman - CEO Elijio Serrano - CFO Brady Murphy - President and COO Conference Call Participants Kurt Hallead - RBC Stephen Gengaro - Stifel Praveen Narra - Raymond James Thomas Curran - B. Riley FBR Operator Good morning and welcome to TETRA Technologies Fourth Quarter Full Year 2018 Results Conference Call. The speakers for today are Stuart M. Brightman, Chief Executive Officer an ...