, /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) today announced that it will release 2025 third quarter financial results on November 4, 2025 after the market closes. In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Wednesday, November 5, 2025 at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). What: Select Water Solutions 2025 Third Quarter Earnings Conference Call When: Wednesday, November 5, 2025 at 11:00 a ...

, /PRNewswire/ -- Grupo Rotoplas, S.A.B. de C.V. (BMV: AGUA*) ("Rotoplas" or "The Company"), leader in water management solutions in the Americas, informs the investing public that it has received recognition as the first Water-Responsible Company in Mexico from the National Water Commission (Conagua). Pedregal 24, piso 19, Col. Molino del Rey Miguel Hidalgo C.P. 11040, Ciudad de México T. +52 (55) 5201 5000 www.rotoplas.com Logo - https://mma.prnewswire.com/media/2537476/5550921/Logo.jpg SOURCE Grupo Roto ...

Core Insights - Deep Blue Midland Basin LLC has successfully acquired Environmental Disposal Systems, LLC from Diamondback Energy, marking a significant expansion in its water infrastructure platform in the Midland Basin [1][2][4] - Diamondback retains a 30% equity interest in Deep Blue and has received approximately $695 million in upfront cash, with potential additional earnings of up to $200 million based on performance until the end of 2028 [2] - Deep Blue operates nearly 2,000 miles of pipeline, providing comprehensive water management services, including gathering, transporting, treating, recycling, and disposing of produced water [3] Company Overview - Deep Blue was established in 2023 as a joint venture between Diamondback and Five Point Infrastructure, focusing on integrated midstream water infrastructure networks for exploration and production companies in the Midland Basin [1][6] - The company aims to create value through sustainable water management practices, minimizing disposal through recycling and advanced technologies [6] Financial Aspects - To finance the acquisition, Deep Blue closed a $950 million seven-year senior secured term loan B facility and paid down a revolving credit facility [4] - The company received inaugural corporate ratings of BB- from Fitch Ratings and S&P Global Ratings, and Ba3 from Moody's Investors Service, all with a stable outlook [4] Strategic Importance - The acquisition of EDS is expected to enhance operational excellence and commercial synergies, aligning with rising industry demand for water management solutions [4] - Deep Blue's growth strategy is focused on developing sustainable solutions that contribute to the Texas economy and U.S. energy leadership [4]

Company Vision and Strategy - The company aims to transition from a service-oriented business to an environmental water management business, focusing on sustainable practices in water treatment and management [2][6] - The long-term strategy involves gathering, treating, and recycling water for producers, while also managing water sustainably over time [3][6] Market Position and Growth Potential - The company is positioned to support energy development in key North American basins, particularly the Delaware basin, where water management is critical for oil and gas production [5][11] - The production of water is expected to grow faster than oil production due to the increasing water-to-oil ratio as wells age and new areas with higher water cuts are exploited [12][11] IPO and Investor Engagement - The recent IPO is intended to support commercial development strategies and drive growth, with an emphasis on educating the market about the value of infrastructure in the energy sector [8][9] - The company believes that its contracts and competitive advantages are comparable to those in waste management, which could lead to a revaluation of the sector [9] Industry Dynamics - The company operates in a challenging environment where oil and natural gas prices have been declining, but it maintains that its success is not solely dependent on these prices [10][11] - The Delaware basin's unique dynamics, including a shallow decline curve for water production, provide a favorable outlook for the company's operations [11][12] Ecosystem and Synergies - The company is part of a broader ecosystem that includes Landbridge and PowerBridge, which enhances its operational capabilities and revenue predictability through a structured flow of royalties [15] - The combination of inexpensive gas and abundant water resources in West Texas creates an optimal environment for developing data centers, further diversifying the company's opportunities [16]

Core Viewpoint - Diamondback Energy, Inc. (FANG) has entered into an agreement to sell Environmental Disposal Systems, LLC (EDS) to Deep Blue Midland Basin LLC for approximately $750 million, which will significantly enhance Deep Blue's water management capacity in the Midland Basin [1][10]. Transaction Details - FANG is expected to receive about $675 million in upfront cash, with the potential for an additional $200 million based on performance through 2028 [2][10]. - FANG will retain a 30% equity stake in Deep Blue, ensuring ongoing strategic alignment and collaboration [2][7]. Infrastructure Expansion - The acquisition will allow Deep Blue to manage water services across 12 key counties, with the capacity to treat and recycle 1.2 million barrels of water per day, gather 1.6 million barrels per day, and dispose of 3.4 million barrels per day [3][4]. - The infrastructure includes 1,871 miles of pipeline and covers 783,000 dedicated acres, facilitating efficient water collection, treatment, recycling, and disposal [4][10]. Sustainability Focus - Deep Blue's strategy emphasizes sustainability by integrating treatment, recycling, and disposal processes to minimize environmental impact in oil and gas operations [5][15]. - The reuse of produced water for hydraulic fracturing is expected to reduce freshwater consumption and lower the carbon footprint of upstream development [5][15]. Leadership and Strategic Commitment - Scott Mitchell, CEO of Deep Blue, stated that the transaction will enhance its footprint and accelerate water management optimization in the Midland Basin [6]. - Kaes Van't Hof, CEO of Diamondback, highlighted that the deal will create value while maintaining a strong partnership with Deep Blue, allowing FANG to focus on core operations [8]. Growth Potential - Since its formation in 2023, Deep Blue has quickly become the largest independent water infrastructure platform in the Midland Basin, with the acquisition of EDS expected to further enhance operational reliability and integrated water services [13][14]. - The growing demand for reliable and sustainable water management solutions in the Permian Basin positions Deep Blue as a key enabler of upstream development while prioritizing environmental responsibility [14][15].

Core Insights - Deep Blue Midland Basin LLC has announced the acquisition of Environmental Disposal Systems, LLC from Diamondback Energy, significantly enhancing its position as the largest independent water infrastructure platform in the Midland Basin [1][2] - The acquisition is valued at $750 million, with Diamondback retaining a 30% equity interest in Deep Blue and receiving approximately $675 million in upfront cash, along with potential performance-based earnouts of up to $200 million by the end of 2028 [2][5] - This transaction is expected to create operational and commercial synergies, broadening Deep Blue's customer base and enhancing its capabilities in sustainable produced water management [3][4] Company Overview - Deep Blue was formed in 2023 as a joint venture between Diamondback and Five Point Infrastructure, rapidly establishing itself as a leader in the Midland Basin's water infrastructure sector [4][6] - The company operates an integrated midstream water infrastructure network, managing significant volumes of water for exploration and production companies, with a treatment and recycling capacity of 1.2 million barrels per day and a disposal capacity of 3.4 million barrels per day [6][7] - Deep Blue aims to minimize water disposal through advanced recycling technologies and sustainable practices, positioning itself as a pioneer in resource-efficient water management [7] Strategic Implications - The acquisition is seen as a strategic move to optimize water management in the Midland Basin, ensuring customers benefit from enhanced scale and innovative solutions [3][5] - Diamondback's continued partnership with Deep Blue as both a customer and equity holder underscores the alignment of interests and the potential for future growth in the water management sector [5] - Five Point Infrastructure's involvement highlights the commitment to setting industry standards in water management practices across U.S. energy production [5]

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].

Core Insights - The company reported a net income increase of 22.1% and an adjusted EBITDA improvement of 13.4% in Q2 2025 compared to Q1 2025, despite a slight decline in consolidated revenue [3][14] - The Water Infrastructure segment saw revenue and gross profit growth of 12% and 17%, respectively, in Q2 2025 compared to Q1 2025, with gross margins before depreciation and amortization reaching 55% [4][18] - An asset swap transaction with OMNI Environmental Solutions was completed, enhancing the company's Water Infrastructure assets while divesting certain trucking operations [6][27] Financial Performance - Operating cash flow for Q2 2025 was $82.6 million, a significant increase from cash flow used in operations of $5.1 million in Q1 2025 [21] - Total revenue for Q2 2025 was $364.2 million, down from $374.4 million in Q1 2025 but slightly up from $365.1 million in Q2 2024 [14] - Free cash flow for Q2 2025 was $10.8 million, recovering from a negative $51.5 million in Q1 2025 [22] Business Segment Performance - The Water Infrastructure segment generated revenues of $80.9 million in Q2 2025, up from $72.4 million in Q1 2025, with a gross margin before D&A of 55.2% [18] - The Water Services segment reported revenues of $215.7 million in Q2 2025, down from $225.6 million in Q1 2025, with a gross margin before D&A of 19.6% [19] - The Chemical Technologies segment's revenue decreased to $67.7 million in Q2 2025 from $76.3 million in Q1 2025, but gross margin before D&A improved to 17.5% [20] Strategic Developments - The company announced multiple new long-term contracted Water Infrastructure projects in the Permian Basin, backed by nearly 60,000 newly dedicated leasehold acres [2] - The company is evaluating strategic alternatives for Peak Rentals, aiming to enhance growth and access to capital [7][8] - A significant 12-year contract was signed for water recycling and disposal infrastructure in the Northern Delaware Basin, expected to enhance the company's operational capabilities [9][34] Cash Flow and Capital Expenditures - Net capital expenditures for Q2 2025 were $71.7 million, with a focus on supporting ongoing water infrastructure projects [22][11] - The company maintains a 2025 net capital expenditures guidance of $225 million to $250 million, with a bias towards the higher end due to recent project awards [11] Balance Sheet and Liquidity - Total cash and cash equivalents increased to $51.2 million as of June 30, 2025, compared to $27.9 million as of March 31, 2025 [24] - Total liquidity was reported at $279.3 million as of June 30, 2025, up from $260.2 million as of March 31, 2025 [26]

Core Viewpoint - California Water Service Group (CWT) significantly outperformed analyst expectations in Q2 2025, with GAAP earnings per share of $0.71 compared to a consensus of $0.56, and revenue of $264.95 million, exceeding estimates by over $21 million and reflecting an 8% year-over-year increase [1][2]. Financial Performance - GAAP EPS for Q2 2025 was $0.73, surpassing the estimate of $0.56 and showing a year-over-year increase of 2.8% [2]. - Revenue reached $264.95 million, up 8.4% from $244.30 million in Q2 2024, driven by rate increases and higher customer usage [2][5]. - Net income was $42.17 million, a 3.9% increase from $40.6 million in Q2 2024 [2]. - Operating expenses rose to $213.15 million, an 8.7% increase from $196.13 million in the prior year, with key contributors being higher water production costs and labor expenses [2][6]. Business Overview and Strategic Focus - California Water Service Group operates as a regulated utility providing water and wastewater services to over two million people across California and select states [3]. - The company focuses on earning fair returns through regulatory approval, investing in modern water systems, and maintaining compliance with environmental standards [4]. Infrastructure and Capital Investment - Capital expenditures totaled $119.4 million in Q2 2025, with a year-to-date investment of $229.5 million, reflecting a 7% increase over the same period in 2024 [7]. - A significant development includes the agreement to operate the Silverwood wastewater and recycled water systems, which will serve over 15,000 customer connections [7][11]. Environmental Compliance and Sustainability - The company received a $10.6 million settlement from 3M related to PFAS contamination, which will fund capital investments for new federal drinking water standards requiring over $226 million in upgrades [8]. - A 23.5% reduction in greenhouse gas emissions from the 2021 baseline was reported, alongside a 100% compliance rate in water quality testing [9]. Dividend and Shareholder Returns - The board declared its 322nd consecutive quarterly dividend of $0.30 per share, continuing a trend of dividend increases for 58 consecutive years, with a five-year compound annual growth rate of 7.7% [10]. Future Outlook - The company's financial trajectory will be influenced by the outcomes of the California General Rate Case and ongoing infrastructure investments [12]. - Key watchpoints include expense growth and the need for substantial funding for long-term projects, which may require new borrowings or equity issuance [13].

Core Insights - Select Water Solutions achieved significant milestones in sustainability and operational growth in 2024, focusing on water recycling and environmental responsibility [1][2][3] Sustainability Achievements - In 2024, Select treated or recycled 20.0 billion gallons (477 million barrels) of produced water, marking a 9% increase from 2023 [1][4] - The company increased environmentally-responsible wastewater disposal volumes by 41% compared to 2023 [1][4] - Select reduced total Scope 1 and Scope 2 emissions by 8% year-over-year, supported by investments in infrastructure and fleet upgrades [1][4] Performance Against Targets - Select exceeded its annual water recycling target by 324% and employee safety target by 49% as part of its sustainability-linked credit facility [1][4] - The company achieved a total recordable incident rate (TRIR) of 0.54 and a lost time incident rate of 0.25 in 2024 [4] Future Goals - For 2025, Select established a target to increase recycled produced water volumes by 14% at fixed facilities, with an annual increase of 17.5% until reaching a target of 403 million barrels per year by 2029 [8] - The company aims to reduce TRIR by approximately 1.5% each year, outperforming the industry average by 35% by 2029 [8] Commitment to Stakeholders - Select's 2024 Sustainability Report emphasizes its dedication to environmental stewardship and sustainable development within its operational communities [4][5] - The company plans to continue regular reporting on its ESG policies and performance through its website and annual reports [5]