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Oil & gas industry veterans Bruce Cope & Tim Roberts appointed to Select Water Solutions' Board of Directors
Prnewswire· 2025-01-30 21:20
Board Changes - Troy W Thacker will retire from Select Water Solutions' Board of Directors after nearly five years of service, with no disagreement with the company [1] - Bruce E Cope and Timothy A Roberts were appointed to the Board, bringing strong accounting, finance, and operational expertise in the oil and gas industry [1][4] New Board Member Profiles - Bruce E Cope has over 30 years of experience in the oil and gas industry, including roles as Senior Vice President at Hunt Consolidated and accounting positions at KPMG and Pacific Enterprises Oil Company USA [2] - Timothy A Roberts has over 20 years of experience in the oil and gas midstream sector, currently serving as CEO of Iron Horse Midstream and previously as CFO of Cardinal Midstream II [3] Company Strategy and Outlook - Select Water Solutions aims to advance midstream partnerships with E&P customers, optimize its business, and deliver market-leading water solutions as part of its Water Infrastructure growth strategy [4] - The company emphasizes sustainable water and technology solutions, supported by critical water infrastructure assets, chemical manufacturing, and water treatment capabilities [5] Industry Context - The company operates in the energy industry, providing water and chemical solutions with a focus on environmentally responsible water management throughout the well lifecycle [5]
Select Water Solutions Enhances Its Financial Strength with New $550 Million Sustainability-Linked Credit Facility
Prnewswire· 2025-01-28 21:15
GAINESVILLE, Texas, Jan. 28, 2025 /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 the successful closing of a new five-year senior secured sustainability-linked credit facility ("Credit Facility"). The Credit Facility includes an initial $300 million revolving credit commitment ("Revolver") and $250 million in term loan commitments ("Term Loan"). Both the Revolver a ...
Select Water Solutions Announces Quarterly Cash Dividend of $0.07 Per Share
Prnewswire· 2025-01-23 21:15
GAINESVILLE, Texas, Jan. 23, 2025 /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 to be paid on February 14, 2025, to holders of record as of the close of business on February 4, 2025. A comparable distribution of $0.07 per unit has also been approved to the unith ...
Select Water Solutions(WTTR) - 2024 Q3 - Quarterly Report
2024-11-06 21:31
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 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 001-38066 SELECT WATER SOLUTIONS, INC. (Exact name of registrant as specified in its cha ...
Select Water Solutions(WTTR) - 2024 Q3 - Earnings Call Transcript
2024-11-06 17:27
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 ...
Select Water Solutions, Inc. (WTTR) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-11-06 00:00
Select Water Solutions, Inc. (WTTR) reported $371.35 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 4.6%. EPS of $0.15 for the same period compares to $0.14 a year ago.The reported revenue represents a surprise of +5.97% over the Zacks Consensus Estimate of $350.43 million. With the consensus EPS estimate being $0.14, the EPS surprise was +7.14%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expe ...
Select Water Solutions, Inc. (WTTR) Q3 Earnings and Revenues Beat Estimates
ZACKS· 2024-11-05 23:40
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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.14%. A quarter ago, it was expected that this company would post earnings of $0.11 per share when it actually produced earnings of $0.13, delivering a surprise of 18.18%.Over the last four quarters, ...
Select Water Solutions(WTTR) - 2024 Q3 - Quarterly Results
2024-11-05 22:25
Exhibit 99.1 News Release Contacts:Select Water Solutions Garrett Williams – VP, Corporate Finance & Investor Relations (713) 296-1010 FOR IMMEDIATE RELEASE IR@selectwater.com Dennard Lascar Investor Relations Ken Dennard / Natalie Hairston (713) 529-6600 WTTR@dennardlascar.com 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 P ...
Select Water Solutions Announces Third Quarter 2024 Financial Results and Operational Updates
Prnewswire· 2024-11-05 21:15
Generated revenue of $371 million during the third quarter of 2024, an increase of 2% sequentially compared to the second quarter of 2024Produced $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 2024Water Infrastructure segment revenue, gross profit and gross profit before D&A increased sequentially by 20%, 42% and 3 ...
Select Water Solutions, Inc. (WTTR) to Report Q3 Results: What to Expect
ZACKS· 2024-10-22 15:05
Select Water Solutions, Inc. (WTTR) is expected to deliver flat earnings compared to the year-ago quarter on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, ...