Exhibit 99.1 TETRA TECHNOLOGIES, INC. ANNOUNCES BRAZIL DEEPWATER COMPLETION FLUIDS AWARD AND THIRD QUARTER 2024 FINANCIAL RESULTS • Third-quarter revenue of $142 million • GAAP income before taxes and discontinued operations of $7.6 million and EPS from continuing operations of $0.02 • Adjusted EBITDA of $23.5 million and adjusted net income per share of $0.03 • Net cash provided by operating activities of $19.9 million, total adjusted free cash flow of $7.4 million, base business (1) adjusted free cash flo ...

Third-quarter revenue of $142 million GAAP income before taxes and discontinued operations of $7.6 million and EPS from continuing operations of $0.02 Adjusted EBITDA of $23.5 million and adjusted net income per share of $0.03 Net cash provided by operating activities of $19.9 million, total adjusted free cash flow of $7.4 million, base business adjusted free cash flow(1) of $16.0 millionTHE WOODLANDS, Texas, Oct. 29, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today ...

Analyst's Disclosure: I/we have a beneficial long position in the shares of TTI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any in ...

The market expects Tetra Technologies (TTI) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence 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 r ...

THE WOODLANDS, Texas, Oct. 10, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced that its senior management will participate at The MicroCap Rodeo Fall Conference in New York on Wednesday, October 16, 2024. Brady Murphy, Chief Executive Officer, and Elijio Serrano, Chief Financial Officer will be presenting at 2:30 P.M. and hosting one-on-one meetings from 8:00 A.M. to 4:00 P.M. (ET) on October 16. To access the webcast, register here: The MicroCap Rodeo Fall Conf ...

THE WOODLANDS, Texas, Oct. 10, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced today that it will release third quarter results after the closing of the market on Tuesday, October 29, 2024. On October 30, 2024, TETRA will host a conference call at 10:30 a.m. Eastern Time to discuss the results. Brady M. Murphy, President and CEO, and Elijio V. Serrano, Senior Vice President and CFO, will host the call. TETRA invites you to listen to the conference call by callin ...

Overview of the Recent Transaction On September 30, 2024, Neuberger Berman Group LLC, a prominent investment management firm, expanded its portfolio by acquiring an additional 575,097 shares of Tetra Technologies Inc (TTI, Financial). This transaction increased the firm's total holdings in TTI to 8,393,900 shares, reflecting a significant commitment to the oil and gas services company. The shares were purchased at a price of $3.10 each, marking a strategic addition to Neuberger Berman's diverse investment p ...

Investors in TETRA Technologies, Inc. (TTI) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 20, 2024 $2 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could ...

THE WOODLANDS, Texas, Aug. 7, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) today released on its investor relations website an S-K 1300 Bromine Definitive Feasibility Study ("DFS") containing positive results including certain financial information on the development of TETRA's Arkansas bromine assets in the Evergreen Unit based on engineering studies, reservoir analysis, certain cost and revenue assumptions, plus quotes received on major components received or comple ...

Financial Data and Key Metrics Changes - The company reported a 14% sequential revenue growth and a 32% increase in adjusted EBITDA for Q2 2024 [4] - Adjusted EBITDA for the second quarter was $30.2 million, negatively impacted by $1.1 million of foreign exchange losses [17][24] - The net leverage ratio at the end of Q2 was 1.6x, with a return on net capital employed of 17.4% for the 12-month period ending June 2024 [24] Business Line Data and Key Metrics Changes - Completion Fluids & Products and Water & Flowback segments achieved adjusted EBITDA margins of 28.9% and 15.2%, respectively, with Water & Flowback showing a sequential improvement of 560 basis points from Q1 [5][18] - Revenue for Water & Flowback was down 2% year-over-year, correlating with a 16% decline in U.S. onshore rig activity [5] - The industrial calcium chloride business generated nearly $140 million in revenue on a trailing 12-month basis, indicating stable revenue and cash flow [19] Market Data and Key Metrics Changes - The U.S. completion activity was lower, while international offshore market activity increased [4] - The company noted a sequential improvement in Europe and Latin America, partially offset by project timing in the Gulf of Mexico [20] Company Strategy and Development Direction - The company is focusing on automation and treatment of operator-produced water for frack reuse and desalination, aiming to reduce costs and environmental impact [9][12] - Strategic initiatives include the desalination of produced water, pure flow electrolyte for energy storage, and Arkansas bromine and lithium supply projects, which are expected to provide material financial benefits [16] - The company is committed to maintaining EBITDA margins above 15% in a flat onshore activity environment [18] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the CS Neptune project, which is expected to significantly impact financials over the next six to nine months [26] - The company anticipates a strong finish to the year and significant momentum heading into 2025 and beyond [26] - Management acknowledged challenges in the onshore oil and gas industry but noted continued strength in the offshore market [20] Other Important Information - The company has secured a three-well deepwater Gulf of Mexico CS Neptune fluids project, marking a significant milestone [5][6] - Liquidity as of the call was approximately $187 million, including a $75 million delay draw feature for the bromine project [24] Q&A Session All Questions and Answers Question: What is the outlook for the CS Neptune projects? - The company has a healthy pipeline of projects and is in discussions with multiple operators for additional projects beyond the three secured [27][28] Question: How many NDAs have been signed for beneficial reuse? - The number of NDAs has increased throughout the year, with no backouts from initial agreements [31][32] Question: Can you disclose the reimbursement amount for the $9.8 million CapEx towards Arkansas? - The reimbursement details are covered by an NDA, and the partner continues to work alongside the company on initiatives [33]