TETRA Technologies(US:TTI) Jing Ji Guan Cha Wang·2026-02-11 20:35Core Viewpoint - The company TTI is expected to release its next financial report in early 2026, with a focus on maintaining its growth momentum in performance [1][2]. Financial Performance - The latest financial report for Q3 2025 showed revenue of $153 million and an adjusted EBITDA of $25 million, raising concerns about the ability to sustain growth in future reports [2]. Business Progress - The desalination pilot project with EOG Resources in the Permian Basin has achieved a 92% water recovery rate, which is crucial for transitioning the technology from pilot to large-scale commercial application, potentially serving as a medium to long-term growth catalyst [3]. Industry Policy and Environment - The company's revenue is highly dependent on unconventional oil and gas activities in North America. Significant fluctuations in oil prices or reductions in operators' completion budgets could directly impact orders. Monitoring U.S. energy policies, drilling activity data, and oil price trends is essential for understanding business impacts [4]. Institutional Perspectives - As of December 22, 2025, five participating institutions have given a "buy" recommendation, but there is a need to assess whether valuation levels align with performance growth. Any underperformance in future reports or business developments may lead to rating adjustments [5]. Future Development - While Oasis TDS has environmental and resource potential, large-scale implementation requires customer investment decisions and regulatory approvals, with limited short-term profit contributions. The stock often experiences low liquidity, which may amplify price volatility [6].