Select Energy Services

Select Energy Services Inc. engages in the provision of water management and chemical solutions. It operates through the following business segments: Water Services, Oilfield Chemicals, and Water Infrastructure. The Water Services segment consists of services businesses, including water transfer, flowback and well testing, fluids hauling, water containment and water network automation, primarily serving E&P companies. The Oilfield Chemicals segment develops, manufactures and provides a full suite of chemicals utilized in hydraulic fracturing, stimulation, cementing and well completions, including polymer slurries, crosslinkers, friction reducers, buffers, breakers, and other chemical technologies, to pressure pumping service companies. The Water Infrastructure segment provides water sourcing, recycling, gathering, transferring and disposal of water. The company was founded on November 21, 2016 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Select Energy Services excels in 2022, eyes sustainable growth

Select Energy Services delivered a stellar financial performance in 2022, marked by robust revenue and EBITDA growth. The company's strategic focus on sustainability, technology, and acquisitions bodes well for future growth. With a strong revenue mix, operational efficiency initiatives, and a dividend announcement, Select is poised for continued success in 2023.

Select Energy Services excels in Q1, eyes sustainable growth

Select Energy Services delivered a strong Q1 performance with revenue and EBITDA growth, improved margins, and strategic capital allocation plans.
The company's focus on water sustainability, integrated solutions, and operational efficiency underscores its commitment to industry leadership and long-term growth.
While facing challenges in reducing accounts receivable and credit facility borrowings, Select Energy Services is well-positioned to capitalize on opportunities for revenue expansion and margin enhancement.

Select Water Solutions reports strong Q2 earnings amidst growth opportunities

Select Water Solutions showed strong financial performance in Q2 2023 with increased net income and EBITDA.
Challenges include revenue decline, adapting to new delivery methods, and operational excellence focus for 2023.
Opportunities lie in accelerating demand, geographic expansion, and efficiency improvements across segments.
Overall, the company's focus on profitability, efficiency, and technology positions it well for growth and success.

Select Water Solutions reports robust Q3 performance and growth outlook

Select Water Solutions delivered strong financial performance with a focus on cash flow generation and operational efficiency.
The company's growth prospects are bolstered by strategic opportunities, shareholder returns, and infrastructure investments.
Challenges include revenue declines in certain segments and transitioning towards increased production revenue.
Opportunities lie in evaluating new contracts, improving margins, and leveraging industry consolidation for growth.

Select Energy Services reports record 2023 results, eyes strong 2024 growth

Select Water Solutions delivered robust financial results in 2023, focusing on infrastructure growth and profitability. The company's strategic initiatives aim to drive revenue growth, enhance free cash flow generation, and capture value through sustainable operations. Despite challenges in the industry, Select is well-positioned to capitalize on growth opportunities.

Select Water Solutions excels in Q1, eyes growth opportunities

Select Water Solutions is on track to achieve 2024 targets with a focus on revenue and profitability growth.
The company's strong performance, strategic acquisitions, and margin improvements position it well for future success.
Balancing challenges in specialty applications and cash flow priorities with growth opportunities will be key for sustained success.

Select Water Solutions reports robust Q2 performance and eyes growth

Select Energy Services' Q2 2024 earnings call highlighted strong financial and operational results, with a focus on improving margins, driving revenue growth, and strategic acquisitions. Management emphasized a balanced growth approach, addressing challenges in revenue and margins while eyeing opportunities for expansion and market capture.

Select Energy Services (WTTR) reports robust Q3 performance and eyes future growth opportunities

Select Energy Services (WTTR) delivered strong financial results in Q3, driven by margin improvement and revenue growth.
While facing challenges in Q4, the company remains focused on maintaining high margins and generating free cash flow.
Opportunities lie in new projects, long-term contracts, and strategic investments for future growth.
Overall, WTTR's performance reflects a balanced approach to financial management and growth strategies.

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Select Water Solutions, Inc. engages in the provision of water management and chemical solutions. It operates through the following business segments: Water Services, Oilfield Chemicals, and Water Infrastructure. The Water Services segment consists of services businesses, including water transfer, flowback and well testing, fluids hauling, water containment and water network automation, primarily serving E&P companies. The Oilfield Chemicals segment develops, manufactures and provides a full suite of chemicals utilized in hydraulic fracturing, stimulation, cementing and well completions, including polymer slurries, crosslinkers, friction reducers, buffers, breakers, and other chemical technologies, to pressure pumping service companies. The Water Infrastructure segment provides water sourcing, recycling, gathering, transferring and disposal of water. The company was founded on November 21, 2016 and is headquartered in Houston, TX.

Berry Petroleum Corp.

FORT WORTH, Texas--(BUSINESS WIRE)--Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced that it has entered into asset purchase agreements with each of Axis Energy Services Holdings, LLC (“Axis”), Berry Corporation (NASDAQ: BRY) (“Berry”), and Select Energy Services, Inc. (NYSE: WTTR) (“Select”) pursuant to which, if consummated: Axis will acquire substantially all of the Company's Well Servicing and Completion & Remedial segment assets outside of California

Basic Energy Services Announces Asset Purchase Agreements with Axis Energy Services, Berry Corporation and Select Energy Services

Select Energy Services, Inc. (WTTR) CEO John Schmitz on Q2 2021 Results - Earnings Call Transcript

SELECT EGY SVCS (WTTR) delivered earnings and revenue surprises of -58.33% and -2.38%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

SELECT EGY SVCS (WTTR) Reports Q2 Loss, Lags Revenue Estimates

Shares of Select Energy Services (NYSE:WTTR) were flat after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 63.46% over the past year to ($0.19), which missed the estimate of ($0.12).

Select Energy Services: Q2 Earnings Insights

HOUSTON, Aug. 3, 2021 /PRNewswire/ -- Select Energy Services, Inc. (NYSE: WTTR) ("Select" or "the Company"), a leading provider of sustainable water and chemical solutions to the U.S. unconventional oil and gas industry, today announced results for the quarter ended June 30, 2021. Revenue for the second quarter of 2021 was $161.1 million as compared to $143.7 million in the first quarter of 2021 and $92.2 million in the second quarter of 2020.

Select Energy Services Reports Second Quarter 2021 Financial Results And Operational Updates

SELECT EGY SVCS (WTTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will SELECT EGY SVCS (WTTR) Report Negative Earnings Next Week? What You Should Know

It feels like the move in energy is over. Earnings could be confirming.

Bear of the Day: Select Energy Services (WTTR)

HOUSTON, July 12, 2021 /PRNewswire/ -- Select Energy Services, Inc. (NYSE: WTTR) ("Select" or "the Company"), a leading provider of sustainable full life cycle water and chemical solutions to the U.S. unconventional oil and gas industry, today announced that it has acquired Complete Energy Services, Inc. ("Complete"), an operating subsidiary of Superior Energy Services, Inc. ("Superior"). Select has acquired substantially all of the water-related assets and ongoing operations of the business, including working capital.

Select Energy Services Announces The Acquisition Of Complete Energy Services, The Water Solutions Subsidiary Of Superior Energy Services

HOUSTON, June 16, 2021 /PRNewswire/ -- Select Energy Services, Inc. (NYSE: WTTR) ("Select" or "the Company"), a leading provider of sustainable full life cycle water and chemical solutions to the U.S. unconventional oil and gas industry, today announced that the Company's Board of Directors, on the recommendation of the Nominating and Governance Committee, appointed Gayle L. Burleson to serve as a director of the Company for the current term commensurate with the existing members of the Board.

Select Energy Services Announces The Appointment Of Gayle L. Burleson To Its Board Of Directors And Provides Operational And Business Development Updates

Select Energy Services, Inc. (WTTR) CEO John Schmitz on Q1 2021 Results - Earnings Call Transcript

SELECT EGY SVCS (WTTR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

SELECT EGY SVCS (WTTR) Stock Jumps 13.4%: Will It Continue to Soar?

SELECT EGY SVCS (WTTR) delivered earnings and revenue surprises of -50.00% and -0.18%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

SELECT EGY SVCS (WTTR) Reports Q1 Loss, Lags Revenue Estimates

HOUSTON, May 4, 2021 /PRNewswire/ -- Select Energy Services, Inc. (NYSE: WTTR) ("Select" or "the Company"), a leading provider of sustainable water and chemical solutions to the U.S. unconventional oil and gas industry, today announced results for the quarter ended March 31, 2021. John Schmitz, Chairman of the Board, President and CEO, stated, "During the first quarter, we continued to see revenue improvements across all of our business segments with 8% consolidated revenue growth, led by our Oilfield Chemicals segment.

Select Energy Services Reports First Quarter 2021 Financial Results And Operational Updates

HOUSTON, April 21, 2021 /PRNewswire/ -- Select Energy Services, Inc. (NYSE: WTTR) today announced that it will release first quarter 2021 financial results on Tuesday, May 4, 2021 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, May 5, 2021 at 11:00 a.m.

Select Energy Services Announces 2021 First Quarter Earnings Release And Conference Call Schedule

Select Energy Services, Inc. (WTTR) CEO John Schmitz on Q4 2020 Results - Earnings Call Transcript

HOUSTON, Feb. 23, 2021 /PRNewswire/ -- Select Energy Services, Inc. (NYSE: WTTR) ("Select" or "the Company"), a leading provider of sustainable water and chemical solutions to the U.S. unconventional oil and gas industry, today announced results for the quarter and fiscal year ended...

Select Energy Services Reports Fourth Quarter And Fiscal Year 2020 Financial Results And Operational Updates

Select Energy has changed leadership recently. There is no indication that any sort of malfeasance is entailed in this decision. WTTR improved earnings and revenue in Q-3, and expects to see continued growth in 2021.

Select Energy Services: A Management Change At The Top, My Thoughts

HOUSTON, Feb. 1, 2021 /PRNewswire/ -- Select Energy Services, Inc. (NYSE: WTTR) ("Select" or "the Company"), a leading provider of water management and chemical solutions to the U.S. unconventional oil and gas industry, today announced the commencement of two new produced water recycling...

Select Energy Services Announces Two Permian Recycling Facility Projects, Strategic Technology Investment And Preliminary Unaudited Results And Conference Call Schedule For The Fourth Quarter Of 2020

HOUSTON, Jan. 4, 2021 /PRNewswire/ -- Select Energy Services, Inc. (NYSE: WTTR) ("Select" or "the Company"), a leading provider of water management and chemical solutions to the U.S. unconventional oil and gas industry, today announced that the Board of Directors has appointed John D....

Select Energy Services Announces CEO Transition

Select Energy Services, Inc. (WTTR) CEO Holli Ladhani on Q3 2020 Results - Earnings Call Transcript

Select Energy Services, Inc.'s (WTTR) CEO Holli Ladhani On Q3 2020 Results - Quick Version Earnings Call Transcript

HOUSTON, Nov. 3, 2020 /PRNewswire/ -- Select Energy Services, Inc. (NYSE: WTTR) ("Select" or "the Company"), a leading provider of water management and chemical solutions to the U.S. unconventional oil and gas industry, today announced results for the quarter ended September 30, 2020....

Select Energy Services Reports Third Quarter 2020 Financial Results And Operational Updates

Select rounded the corner in Q2 with a strong balance sheet. So far, shares have not responded thanks to general market conditions.

Select Energy Services: Fortress Balance Sheet Assures Survival, Significant Upside Potential

Select Energy Services, Inc. (WTTR) CEO Holli Ladhani on Q2 2020 Results - Earnings Call Transcript

SELECT EGY SVCS (WTTR) delivered earnings and revenue surprises of 0.00% and -10.04%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

News for Select Energy Services Stock (WTTR)