The share price of Select Water Solutions, Inc. (NYSE:WTTR) fell by 4.44% between February 18 and February 25, 2026, putting it among the Energy Stocks that Lost the Most This Week. Select Water Solutions (WTTR) Announces $175 Million Equity Offering Select Water Solutions, Inc. (NYSE:WTTR) is a leader in water management and chemical technology serving customers in the oil and gas industry and other industrial applications. Select Water Solutions, Inc. (NYSE:WTTR) fell after the company announced a $17 ...

Core Viewpoint - Select Water Solutions Inc. and LibertyStream Infrastructure Partners Inc. have entered into a definitive agreement to develop commercial lithium carbonate production facilities at Select's water treatment sites in Texas, aiming to leverage existing infrastructure for lithium extraction and enhance profitability [1][2][6]. Group 1: Agreement Details - The agreement includes a three-stage development program for lithium carbonate production, with the first facility (Stage 1) expected to be operational by December 2026, producing up to 1,000 tonnes of lithium carbonate annually [1][3]. - Site preparation for the Stage 1 facility will begin in March 2026, with full construction starting in the latter half of Q2 2026 [3]. - Stage 2 will see the commissioning of a second facility by June 2027, also with a capacity of 1,000 tonnes per year, while Stage 3 will involve at least two additional facilities starting in July 2027 across various counties in Texas [4]. Group 2: Strategic Importance - The project aims to unlock resource value from produced water, integrating lithium extraction into Select's existing water management platform, thereby creating additional revenue streams [2][6]. - Select's water recycling and pre-treatment capabilities will significantly reduce costs for LibertyStream's lithium extraction process, enhancing operational efficiency [5][6]. - This initiative aligns with Select's broader strategy to maximize returns from its asset base by introducing high-margin revenue streams supported by fixed pricing agreements [6][8]. Group 3: Company Background - Select Water Solutions is recognized as a leading provider of sustainable water and chemical solutions to the energy sector, emphasizing environmentally responsible water management throughout the lifecycle of oil and gas operations [9]. - LibertyStream Infrastructure Partners aims to become one of North America's first commercial producers of lithium carbonate from oilfield brine, focusing on leveraging existing infrastructure to minimize capital costs and support clean energy transitions [10].

Core Insights - Select Water Solutions, Inc. (NYSE:WTTR) experienced an 11.97% decline in share price from November 11 to November 18, 2025, ranking among the energy stocks that lost the most during that week [1] Financial Performance - For Q3, Select Water Solutions reported an adjusted EPS of $0.04, which was $0.01 below estimates, while revenue reached $322.2 million, exceeding expectations by over $16 million despite a year-over-year decline of over 13% [3] - The Chemical Technologies segment showed strong performance, with revenue and gross profit increasing by 13% and 34% year-over-year, attributed to new product launches and increased market share [3] Analyst Ratings - Northland downgraded Select Water Solutions from 'Outperform' to 'Market Perform' on November 13, setting a price target of $12, citing that the current valuation is reasonable but requires larger growth in adjusted EBITDA for FY 2026 to become more positive on the shares [4] - The firm also expressed interest in seeing more bolt-on projects, such as the recently announced lithium extraction, or improved activity in the American onshore market [4]

Core Insights - Casella (CWST) reported quarterly earnings of $0.42 per share, exceeding the Zacks Consensus Estimate of $0.34 per share, and showing an increase from $0.27 per share a year ago, resulting in an earnings surprise of +23.53% [1] - The company achieved revenues of $485.35 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.66% and up from $411.63 million year-over-year [2] - Casella has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The sustainability of Casella's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.22 on revenues of $469.79 million, and for the current fiscal year, it is $1.05 on revenues of $1.83 billion [7] Industry Context - The Waste Removal Services industry, to which Casella belongs, is currently ranked in the bottom 28% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Casella's stock performance [5]

Core Viewpoint - Clean Harbors reported quarterly earnings of $2.21 per share, missing the Zacks Consensus Estimate of $2.37 per share, representing an earnings surprise of -6.75% [1][2] Financial Performance - The company posted revenues of $1.55 billion for the quarter ended September 2025, missing the Zacks Consensus Estimate by 1.72%, compared to revenues of $1.53 billion a year ago [2] - Over the last four quarters, Clean Harbors has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - Clean Harbors shares have increased by approximately 7% since the beginning of the year, while the S&P 500 has gained 17.2% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.63 on revenues of $1.49 billion, and for the current fiscal year, it is $7.44 on revenues of $6.04 billion [7] - The trend of estimate revisions for Clean Harbors was unfavorable prior to the earnings release, which may impact future stock movements [6][5] Industry Context - The Waste Removal Services industry, to which Clean Harbors belongs, is currently ranked in the bottom 35% of over 250 Zacks industries, suggesting potential challenges ahead [8]

Core Insights - Xylem reported quarterly earnings of $1.37 per share, exceeding the Zacks Consensus Estimate of $1.24 per share, and showing an increase from $1.11 per share a year ago, resulting in an earnings surprise of +10.48% [1] - The company achieved revenues of $2.27 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.98% and up from $2.1 billion year-over-year [2] - Xylem's stock has increased by approximately 28.8% since the beginning of the year, outperforming the S&P 500's gain of 16.9% [3] Earnings Outlook - The future performance of Xylem's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4] - Current consensus EPS estimate for the upcoming quarter is $1.31 on revenues of $2.37 billion, and for the current fiscal year, it is $4.84 on revenues of $8.96 billion [7] Industry Context - The Waste Removal Services industry, to which Xylem belongs, is currently ranked in the bottom 35% of over 250 Zacks industries, indicating potential challenges ahead [8] - Another company in the same industry, Select Water Solutions, is expected to report a significant decline in earnings, with a projected EPS of $0.05, reflecting a year-over-year change of -66.7% [9]

Core Insights - Select Water Solutions and Mariana Minerals have announced the groundbreaking of a lithium extraction facility in Joaquin, Texas, which will convert produced water into lithium salts, supporting domestic energy and critical minerals supply chains [1][2][3] Company Overview - Select Water Solutions is a leading provider of sustainable water and chemical solutions to the energy industry, emphasizing safe and environmentally responsible water management [5] - Mariana Minerals focuses on supplying critical minerals for modern energy and technology, utilizing advanced AI and machine learning to enhance mineral project development [6] Project Details - The lithium facility is designed to produce up to 3,000 metric tons per year of high-purity lithium salts by utilizing oil and gas waste streams [2] - The facility will leverage Select's existing water treatment infrastructure, which has been operational for over a decade, allowing for efficient sourcing and management of produced water [2][3] - Site preparation began in July 2025, with construction expected to continue through December 2026, and commercial production targeted for the first half of 2027 [3] Financial Implications - The project is anticipated to generate up to $5 million in annual cash flow for Select Water Solutions, enhancing the value of its existing infrastructure [3] - The collaboration aims to maximize returns from Select's infrastructure by adding high-margin revenue streams [4]

Market Overview - Major US equity indices reached new highs, with the S&P 500 Index rising approximately 8% during the quarter, indicating strong corporate earnings and a positive market outlook [3] - Despite the market strength, there is significant uncertainty regarding inflation and interest rate trajectories, likened to a precarious balancing act [3] Interest Rates and Employment - The Federal Reserve cut its policy interest rate by 25 basis points to a range of 4.00%-4.25%, with projections indicating two more cuts by year-end, potentially bringing the rate to 3.6% [4] - The unemployment rate has increased to 4.3%, with job openings per unemployed person falling below 1x for the first time since April 2021, signaling a weakening labor market [5][6][8] Inflation Trends - Inflation remains above the Fed's target of 2%, with the Personal Consumption Expenditures Index (PCE) and Consumer Price Index (CPI-U) at 2.7% and 2.9% respectively as of August [11][14] - The Fed's inflation expectations project a gradual return to target levels, with anticipated rates of 2.6% in 2026 and 2.0% in 2028 and beyond [19] Investment Strategies - High-yield dividend stocks have historically performed well in low-growth, high-inflation, stagflation, and steepening yield curve environments, averaging a ~15% annual growth rate during low GDP growth periods [17][21][24][28] - The current economic environment is characterized by multiple uncertainties, including executive orders, tariffs, and AI proliferation, leading to a cautious investment approach [13] Sector Performance - Financial holdings in the Income-Equity portfolio saw significant dividend increases, with 70% of financials raising dividends by an average of 14% [31] - The portfolio outperformed its benchmark, the Russell 1000 Value Index, yielding 3.6% with projected dividend growth of 5.0% for 2025 [33] AI and Technology Investments - The "Magnificent 7" tech companies have significantly increased capital expenditures, with expectations to reach nearly half a trillion dollars by 2027, raising concerns about free cash flow sustainability [36][38] - The current AI investment frenzy is reminiscent of the late 1990s dot-com bubble, with companies like Oracle planning to triple capital spending despite high net debt levels [37][39] Infrastructure and Energy Outlook - The infrastructure portfolio has shown positive performance, driven by AI-related investments and the need for increased electricity demand due to data centers [55][66] - The energy sector is experiencing a rebound, particularly in refiners and Canadian producers, while US natural gas prices have declined due to various market factors [71][72] Dividend Increases and Portfolio Adjustments - The Income-Equity portfolio recorded multiple dividend increases, with notable contributions from financials and healthcare sectors [47] - New positions were initiated in energy and REIT sectors, while positions in TotalEnergies and Conagra Brands were exited due to concerns over dividend coverage and management effectiveness [48]

Core Viewpoint - Select Water Solutions, Inc. (NYSE:WTTR) has gained significant investor attention following a 'Buy' rating and a price target of $18 initiated by Texas Capital, despite a decline of over 21% in share price since the beginning of 2025 [2][4]. Company Overview - Select Water Solutions, Inc. is a leader in water management and chemical technology, primarily serving the oil and gas industry as well as other industrial applications [2]. - The company is undergoing a transformation to an infrastructure-led business model, which aims to replace volatile, activity-based revenue with more stable and predictable cash flows from long-term contracts [3]. Market Performance - The share price of Select Water Solutions surged by 10.27% between October 10 and October 17, 2025, making it one of the top-performing energy stocks for that week [1]. - Despite the recent increase, the company's share price has experienced a significant decline of over 21% since the start of 2025 [4]. Investment Potential - The research firm views Select Water Solutions as an attractive investment opportunity due to its position as a market leader in complete lifecycle water solutions and its relative valuation [3].

Core Viewpoint - Select Water Solutions has announced its dual listing on NYSE Texas, enhancing its presence in the Texas market where it was founded and operates predominantly [1][2]. Company Overview - Select Water Solutions is a leading provider of sustainable water management and chemical solutions for the energy industry, emphasizing safe and environmentally responsible water management throughout the lifecycle of a well [4]. - The company maintains critical water infrastructure assets, chemical manufacturing, and water treatment and recycling capabilities, which are essential for its operations [4]. Listing Details - The company will retain its primary listing on the New York Stock Exchange while trading under the same ticker symbol "WTTR" on NYSE Texas [3]. - As a Founding Member of NYSE Texas, Select Water Solutions expresses its commitment to supporting the growth of Texas's economy and entrepreneurial spirit [2].