Core Viewpoint - Select Water Solutions, Inc. (NYSE:WTTR) is identified as a leading investment opportunity in the oil sector with significant upside potential, supported by strong fiscal performance and strategic initiatives [1]. Group 1: Financial Performance and Projections - Piper Sandler raised the price target for WTTR to $16 from $14, maintaining an Overweight rating, citing solid fiscal Q4 results and an upward revision of the 2026 topline guidance to 20-25% year-over-year from 20% [2] - The company demonstrated impressive margin expansion in Water Infrastructure and gained market share in Chemical Technologies, alongside a more favorable outlook for free cash flow in 2026 [2] - Citi also increased its price target for WTTR to $16.50 from $15, reaffirming a Buy rating, and noted that the shares remain attractively valued post-Q4 report [3] Group 2: Business Segments and Strategic Initiatives - Select Water Solutions operates in water management and chemical technology, serving the oil and gas industry and other industrial applications, with its operations divided into Water Infrastructure, Water Services, and Chemical Technologies [4] - The company announced a $175 million equity offering intended for Water Infrastructure growth projects, debt repayment, or potential acquisitions, indicating a proactive approach to funding its strategic initiatives [2]
Here’s What The Street Thinks About Select Water Solutions, Inc. (WTTR)