Select Water Solutions(WTTR) - 2019 Q1 - Earnings Call Presentation

Segment Restructuring [9, 10, 11, 12] - Select Energy Services revised its reportable segments to Water Services, Water Infrastructure, and Oilfield Chemicals to provide further transparency and due to the development of water-related infrastructure and the sale/winding down of certain Wellsite Services operations[10] - The Water Services segment includes water transfer, flowback and well testing, fluids hauling, containment, water treatment and monitoring, and the rentals business[10] - The Water Infrastructure segment includes infrastructure assets, water sourcing and pipelines, produced water gathering systems, and salt water disposal wells[11] - The Oilfield Chemicals segment remains unchanged, focusing on chemicals used in hydraulic fracturing, stimulation, cementing, and well completions[11] - The Corporate & Other segment, including Affirm, Canadian operations, and sand hauling, is expected to be divested or wound down during Q2 2019[12] Revenue Performance (Q1 2019) [13] - Total revenue for Q1 2019 was $362.646 million[13] - Water Services revenue was $220.595 million[13] - Water Infrastructure revenue was $53.616 million[13] - Oilfield Chemicals revenue was $66.829 million[13] - Corporate & Other revenue was $21.606 million[13] Gross Profit Before D&A (Q1 2019) [13] - Total Gross Profit before D&A was $77.515 million[13] - Water Services Gross Profit before D&A was $57.474 million[13] - Water Infrastructure Gross Profit before D&A was $12.186 million[13] - Oilfield Chemicals Gross Profit before D&A was $7.302 million[13] - Corporate & Other Gross Profit before D&A was $553 thousand[13] Gross Margin Before D&A (Q1 2019) [13] - Total Gross Margin before D&A was 21.4%[13] - Water Services Gross Margin before D&A was 26.1%[13] - Water Infrastructure Gross Margin before D&A was 22.7%[13] - Oilfield Chemicals Gross Margin before D&A was 10.9%[13] - Corporate & Other Gross Margin before D&A was 2.6%[13]