OakChart

Select Water Solutions Inc

WTTREnergy·Oil & Gas Equipment & Services·USA·Mid·NYSE·Nov 11 • 2:27 PM ET

16.10+0.79 (5.14%)
2026-11-11 20:27 CET
Market cap
1,974.12 USD m
Revenue, TTM
1,520.46 USD m
Net income, TTM
49.90 USD m
Free cash flow, TTM
-63.57 USD m
EPS diluted, TTM
0.40
P/E
40.35
Compare

Price

WTTR against its 20, 50 and 200-day averages
2050200beatmiss
12.5015.0017.5020.0022.504.5M9.0MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26WTTRclose 16.1020-day 17.8950-day 19.15200-day 17.5616.1052w high

28.6% under the 52-week high of 22.55 on 5 Aug 2026. 52-week low 9.29 on 21 Nov 2025. Last 15 sessions, 42.5% high to low

Profile

WTTR
52-week range, 51% of the way up
9.2822.55

Select Water Solutions, Inc. engages in the provision of water management and chemical solutions. It operates through the following business segments: Water Infrastructure, Water Services, and Chemical Technologies. The Water Infrastructure segment develops, builds, and operates permanent and semi-permanent infrastructure solutions to support full life cycle water management and waste treatment solutions. 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 Chemical Technologies segment includes logistics and provides a full suite of chemicals used in hydraulic fracturing, stimulation, cementing, pipelines and well completions. The company was founded on November 21, 2016 and is headquartered in Gainesville, TX.

IndexRUT
Employees3300
IPOApr 21, 2017
Beta0.99
ATR, 14d1.03
Rel volume1.03
Short float7.23%
Insider own8.46%
Inst own89.56%

Snapshot

6 groups

Valuation

IndexRUT
Market Cap2.08B
Enterprise Value2.37B
Income49.90M
Sales1.52B
Book/sh8.35
Cash/sh0.26
Dividend Est.0.29 (1.80%)
Dividend TTM0.28 (1.74%)
Dividend Ex-DateNov 13, 2026
Dividend Gr. 3/5Y77.58% -
Payout136.52%
Employees3300
IPOApr 21, 2017

Ratios

P/E40.35
Forward P/E28.61
PEG1.11
P/S1.37
P/B1.93
P/C60.92
P/FCF-
EV/EBITDA8.13
EV/Sales1.56
Quick Ratio1.42
Current Ratio1.61
Debt/Eq0.25
LT Debt/Eq0.23
Option/ShortYes / Yes

Earnings

EPS (ttm)0.40
EPS next Y0.56
EPS next Q0.13
EPS this Y35.46%
EPS next Y-4.79%
EPS next 5Y25.79%
EPS past 3/5Y-25.88% -
Sales past 3/5Y0.48% 18.39%
EPS Y/Y TTM107.18%
Sales Y/Y TTM7.84%
EPS Q/Q510.08%
Sales Q/Q27.91%
EarningsNov 09 BMO
EPS/Sales Surpr.22.59% 3.58%

Ownership

Insider Own8.46%
Insider Trans-24.00%
Inst Own89.56%
Inst Trans1.31%
ROA2.93%
ROE5.24%
ROIC3.72%
Gross Margin17.39%
Oper. Margin6.24%
Profit Margin3.28%
SMA20-10.03%
SMA50-15.93%
SMA200-8.33%
Trades-

Technical

Shs Outstand131.35M
Shs Float118.04M
Short Float7.23%
Short Ratio5.14
Short Interest8.54M
52W High22.55 -28.62%
52W Low9.28 73.37%
Volatility9.26% 5.68%
ATR (14)1.03
RSI (14)38.33
Beta0.99
Rel Volume1.03
Avg Volume1.66M
Volume1,328,737

Performance

Perf Week-4.75%
Perf Month-16.81%
Perf Quarter-20.98%
Perf Half Y-12.23%
Perf YTD53.02%
Perf Year44.89%
Perf 3Y119.61%
Perf 5Y138.48%
Perf 10Y-
Recom1.14
Target Price25.43
Prev Close15.31
Price16.10
Change %5.14%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Aug 21, 2026InitiatedJJP MorganOverweight$24+49.1%
Aug 06, 2026DowngradeRRaymond JamesStrong Buy → Outperform$26+61.5%
May 29, 2026InitiatedBBofA SecuritiesBuy$22+36.7%
Feb 19, 2026UpgradeNNorthland CapitalMarket Perform → Outperform$18+11.8%
Nov 13, 2025DowngradeNNorthland CapitalOutperform → Market Perform$12-25.5%
Jul 15, 2025InitiatedPPiper SandlerOverweight$15-6.8%
Aug 22, 2024UpgradeNNorthland CapitalMarket Perform → Outperform$14.50-9.9%
May 09, 2024UpgradeCCitigroupNeutral → Buy$13-19.2%
Apr 22, 2024InitiatedNNorthland CapitalMarket Perform$11.50-28.6%
Mar 23, 2023InitiatedRRaymond JamesStrong Buy$12-25.5%

Peers

Mkt cap
TickerCompanyMkt cap
WBIWaterBridge Infrastructure LLC3.42B
TTITetra Technologies Inc937.33M
NGLNGL Energy Partners LP1.94B
LBRTLiberty Energy Inc2.14B
FTKFlotek Industries Inc968.90M
AESIAtlas Energy Solutions Inc707.91M
EROKEagleRock Land LLC2.88B
LBLandBridge Corp5.50B
TPLTexas Pacific Land Corp19.36B
WESWestern Midstream Partners LP17.02B

Insider trading

latest 14 of 24
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Crestview Partners II SES InveShareholderAug 11 '26Proposed Sale20.893,000,00062,670,000Aug 11 04:44 PM
Crestview Partners II SES InveShareholderJul 01 '26Proposed Sale19.982,000,00039,960,000Jul 01 08:38 PM
Crestview Partners II GP, L.P.10% OwnerMay 19 '26Sale18.923,250,00061,490,0000May 21 08:48 PM
Crestview Partners II SES InveShareholderMay 19 '26Proposed Sale19.563,250,00063,570,000May 19 05:11 PM
Burnett Richard AlanDirectorMay 15 '26Sale18.7445,316849,22271,578May 18 05:29 PM
Burnett Richard AlanDirectorMay 14 '26Sale18.7319,684368,681116,894May 18 05:29 PM
RICHARD BURNETTDirectorMay 15 '26Proposed Sale18.7445,316849,222May 15 04:06 PM
RICHARD BURNETTDirectorMay 14 '26Proposed Sale18.7319,684368,754May 14 04:16 PM
Skarke MichaelEVP & COOMay 11 '26Sale17.3190,0001,557,900380,738May 12 09:35 PM
Skarke MichaelEVP & COOMay 12 '26Sale17.7820,000355,600360,738May 12 09:35 PM
Szymanski BrianChief Accounting OfficerMay 11 '26Sale17.0420,000340,800114,752May 12 09:32 PM
MICHAEL SKARKEOfficerMay 12 '26Proposed Sale17.7820,000355,680May 12 04:24 PM
MICHAEL SKARKEOfficerMay 11 '26Proposed Sale17.3190,0001,558,233May 11 04:16 PM
Szymanski BrianOfficerMay 11 '26Proposed Sale16.7820,000335,600May 11 10:33 AM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
AVUVAvantis U.S. Small Cap Value ETFAUM: 32.39B
IWMiShares Russell 2000 Index FundAUM: 77.38B
OIHVanEck Oil Services ETFAUM: 1.76B
DFATU.S. Targeted Value Portfolio-ETF Class SharesAUM: 14.47B
VXFVanguard Extended Market Index ETFAUM: 30.47B
VDEVanguard Energy ETFAUM: 10.46B
IWOiShares Russell 2000 Growth ETFAUM: 14.06B
DFASU.S. Small Cap Portfolio-ETF Class SharesAUM: 15.51B
DFSVUS Small Cap Value Portfolio ETF Class SharesAUM: 8.52B

News

latest 14 of 200
  • Select Water Solutions Misses By A Penny While Pilot Deal Accelerates Infrastructure Growth And Raises The Capital Bill (Earnings Whispers) -6.86%
  • Select Water Solutions Announces Third Quarter 2026 Financial, Operational and Strategic Updates (PR Newswire)
  • Select Water's Infrastructure Engine Faces A Flat-Quarter Test As Chemical Sales Cool (Earnings Whispers) -7.45%
  • Select Water Solutions Announces Closing of Pilot Water Solutions Acquisition (PR Newswire)
  • Select Water Solutions Announces Quarterly Cash Dividend of $0.07 Per Share (PR Newswire)
  • Select Water Solutions Announces 2026 Third Quarter Earnings Release and Conference Call Schedule (PR Newswire)
  • Select Water Solutions, Inc. Announces Pricing of Upsized $900 Million of 7.625% Senior Notes Due 2034 (PR Newswire)
  • Select Water Solutions, Inc. Announces Offering of $800 Million of Senior Notes Due 2034 (PR Newswire)
  • MARKETS LIVE: Wall Street opens flat as investors watch bonds, oil (Proactive)
  • Select to acquire Delaware Basin-focused Pilot Water for $700m (Offshore Technology)
  • Select Water stock surges 13% on Pilot Water acquisition deal (Investing.com)
  • Select Water Solutions Announces Agreement to Acquire Pilot Water Solutions (PR Newswire)
  • SELECT WATER SOLUTIONS ANNOUNCES RELEASE OF 2025 SUSTAINABILITY REPORT (PR Newswire)
  • Select Water Solutions Announces Significant Water Infrastructure Expansion with a Large Public Operator in the Northern Delaware Basin (PR Newswire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-090.2230.1820.160412.19397.968
2026Q22026-08-040.2360.1330.168395.81373.337
2026Q12026-05-050.1330.0710.077365.96344.636
2025Q42026-02-170.0570.031-0.003346.5321.637
2025Q32025-11-040.0300.0020.026322.24308.215
2025Q22025-08-050.1330.1260.104364.22366.747
2025Q12025-05-060.0800.0630.080374.38362.725
2024Q42025-02-18-0.0200.079-0.016349.05335.556
2024Q32024-11-050.1500.1400.155371.35352.986
2024Q22024-07-300.1300.1160.126365.13372.257
2024Q12024-04-300.0400.0750.036366.55369.297
2023Q42024-02-200.2700.1510.270374.86378.116
2023Q32023-10-310.1400.2450.141389.27402.075
2023Q22023-08-020.2000.2290.196404.63420.914
2023Q12023-05-020.1200.1490.115416.59401.635
2022Q42023-02-210.1670.2400.070381.68387.934

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY-0.5100.007-0.510692.49676.06
2018FY0.9160.9470.3441,5291,531
2019FY0.4200.2790.0351,2921,304
2020FY-3.980-0.893-3.977605.11592.19
2021FY-0.425-0.597-0.484764.62740.79
2022FY0.6940.6640.5041,3871,395
2023FY0.7200.6750.7211,5851,588
2024FY0.3000.4010.3011,4521,439
2025FY0.4360.2440.2101,4071,381
2026FY-0.591--1,555
2027FY-0.563--1,730
2028FY-0.868--1,852

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-10631390.93375409.28
2026Q4S2026-11-09622383.08347.46409.28
2026Q4S2026-10-20612379.31347.46409.28
2026Q4S2026-10-19622379.31347.46409.28
2026Q4S2026-10-14623379.31347.46409.28
2026Q4S2026-10-02623386.51347.46456.43
2026Q4S2026-09-29632390.67347.46456.43
2026Q4S2026-09-28622380.28347.46402.25
2026Q4S2026-09-24531385.52364.9402.25
2026Q4S2026-08-27631386.95364.9402.25
2026Q4S2026-08-23521386.84364.9402.25
2026Q4S2026-08-21621385.04364.9402.25
2026Q4S2026-08-19611382.2364.9402.25
2026Q4S2026-08-06711381.55364.9402.25

Estimate history

EPS, annual-0.510.3440.035-3.977-0.4840.5040.7210.3010.2050.3989
Period201720182019202020212022202320242025TTM
EPS, quarterly0.155-0.0160.080.1040.026-0.0030.0770.1680.157
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual692.4911528.931291.589605.105764.621387.421585.3531452.0751407.3441520.46
Period201720182019202020212022202320242025TTM
Sales, quarterly371.349349.047374.384364.215322.243346.502365.958395.807412.189
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual106.24678.95787.89486.81394.173109.39102.173103.07104.885131.352
Period201720182019202020212022202320242025MRQ
Shares, quarterly102.797103.07103.885104.186104.905104.885121.848127.073131.352
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue1,520.461,407.341,452.081,585.351,387.42764.62605.111,291.591,528.93
Cost of Goods Sold Incl. D&A1,256.081,210.271,236.011,355.971,228.87746.19630.031,146.711,333.62
Gross Profit264.37197.08216.06229.39158.5518.43-24.92144.88195.31
Selling, General and Administrative Excl. Other169.47157.85149.29155.55106.3474.1971.45111.6296.86
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income94.9039.2366.7773.8452.20-55.77-96.3733.2698.45
Interest Expense22.9823.186.964.392.701.712.142.695.31
Unusual Expense16.09-4.5012.2812.6513.047.78294.068.1132.85
Net Income Before Taxes62.5724.7549.3720.8256.72-49.66-403.216.0856.00
Income Taxes8.38-1.6113.57-60.200.960.15-1.481.951.70
Consolidated Net Income52.8621.4735.4579.2254.85-50.09-401.734.1454.30
Net Income From Continuing Operations49.9021.2230.6474.4048.28-42.23-338.682.7836.51
Net Income49.9021.2230.6474.4048.28-42.23-338.682.7836.51
EPS (Recurring)0.470.170.390.810.60-0.42-1.560.110.56
EPS (Basic, Before Extraordinaries)0.410.210.310.730.51-0.48-3.980.030.34
EPS (Diluted)0.400.210.300.720.50-0.48-3.980.030.34
EBITDA291.54219.05223.72214.93167.9236.695.30153.93232.16
Non-Operating Income (Expense)6.744.201.85-35.9720.2615.59-10.64-16.37-4.29
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense22.3815.7020.8213.7212.309.474.2111.308.19
Price To Earnings Ratio38.3838.3822.5614.5517.47--195.3711.43
Price To Sales Ratio1.710.780.930.490.640.710.580.580.44
Gross Margin17.3914.0014.8814.4711.432.41-4.1211.2212.77
Operating Margin6.242.794.604.663.76-7.29-15.932.576.44
Net Margin3.281.512.114.693.48-5.52-55.970.222.39
Shares Outstanding131.35104.88103.07102.17109.3994.1786.8187.8978.96
Market Capitalization1,974.121,974.121,364.90788.73906.47586.70355.98797.22509.76

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue412.19395.81365.96346.50322.24364.21374.38349.05
Cost of Goods Sold Incl. D&A331.76320.18301.80302.35280.00308.38319.54305.60
Gross Profit80.4375.6364.1644.1542.2455.8454.8443.45
Selling, General and Administrative Excl. Other46.1640.6140.2242.4839.9136.9236.2539.75
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income34.2735.0223.931.682.3418.9218.603.70
Interest Expense5.355.025.916.705.965.644.881.76
Unusual Expense7.380.685.972.07-10.813.493.061.09
Net Income Before Taxes32.4229.4912.15-11.497.5116.3812.360.68
Income Taxes9.046.362.43-9.460.434.522.892.31
Consolidated Net Income22.9322.569.43-2.062.2911.679.56-2.13
Net Income From Continuing Operations20.6121.048.61-0.352.6810.658.24-1.64
Net Income20.6121.048.61-0.352.6810.658.24-1.64
EPS (Recurring)0.200.170.110.01-0.050.130.10-0.01
EPS (Basic, Before Extraordinaries)0.160.170.08-0.000.030.100.08-0.02
EPS (Diluted)0.160.170.08-0.000.030.100.08-0.02
EBITDA83.2583.4570.8054.0447.2361.8958.2044.73
Non-Operating Income (Expense)10.890.170.09-4.410.326.591.69-0.17
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense6.596.624.604.585.840.340.476.32
Price To Earnings Ratio38.3898.4274.1654.4033.1925.0734.9722.56
Price To Sales Ratio1.711.751.230.770.790.610.740.91
Gross Margin19.5119.1117.5312.7413.1115.3314.6512.45
Operating Margin8.318.856.540.480.735.194.971.06
Net Margin5.005.312.35-0.100.832.922.20-0.47
Shares Outstanding131.35127.07121.85104.88104.91104.19103.88103.07
Market Capitalization1,974.122,484.591,850.151,103.641,122.93898.511,087.921,364.90

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments18.0819.9857.087.3285.80169.0479.2717.242.77
Short Term Receivables264.03281.72322.78435.07233.04129.46272.31342.83381.30
Inventories34.2838.4538.6541.1644.4633.3837.5444.9944.60
Other Current Assets38.0045.3535.5434.3831.4919.6226.4927.0917.84
Total Current Assets354.39385.50454.06517.94394.79351.50415.60432.15446.52
Net Property, Plant & Equipment940.89762.50557.09547.22439.52402.70523.03502.85474.11
Total Investments and Advances78.2311.3511.7913.182.040.000.000.000.00
Long-Term Note Receivable---0.004.45----
Intangible Assets154.69141.93120.87138.80108.47116.08403.89422.18429.49
Deferred Tax Assets48.8846.3461.930.020.59----
Other Assets18.5318.6612.765.720.935.085.113.436.26
Total Assets1,595.611,366.281,218.501,222.87950.78875.361,347.621,360.611,356.37
Short Term Debt Incl. Current Port. of LT Debt46.1516.6515.2017.7714.1114.3319.440.941.97
Accounts Payable53.3243.5746.6764.8437.9913.5138.4858.9055.35
Other Current Liabilities126.23173.16149.68148.68109.9460.9293.96119.88127.88
Total Current Liabilities225.70233.38211.55231.29162.0488.76151.88179.72185.19
Long Term Debt308.38116.4438.3562.3953.2261.0872.2345.0075.00
Provision for Risks Charges79.1453.8328.4339.510.000.000.000.000.00
Deferred Tax Liabilities--0.310.360.06----
Other Liabilities55.3347.1047.705.5940.2919.6410.7025.1132.81
Total Liabilities668.54450.75326.33339.14255.60169.48234.81249.83293.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity805.62793.52772.49765.98592.10593.06937.18832.93656.65
Total Shareholders Equity805.62793.52772.49765.98592.10593.06937.18832.93656.65
Accumulated Minority Interest121.45122.01119.68117.75103.08112.82175.63277.84406.72
Total Equity927.07915.53892.17883.73695.17705.881,112.811,110.771,063.37
Total Liabilities & Stockholders Equity1,595.611,366.281,218.501,222.87950.78875.361,347.621,360.611,356.37
Book Value Per Share7.687.707.567.006.296.8310.6610.556.18
Tangible Book Value Per Share6.216.326.385.735.145.496.075.202.14
Full-Time Employees3,3003,7004,2004,0003,0002,0003,9005,3005,100
Price to Book Ratio1.831.711.041.370.990.600.870.606.95
Return on Assets1.432.376.104.44-4.62-30.470.212.69-1.91
Return on Equity2.653.919.677.11-7.13-44.270.314.90-4.37
Return on Invested Capital1.913.379.185.83-6.54-51.780.284.16-2.30
Quick Ratio1.421.491.962.062.163.582.492.152.17
Current Ratio1.571.652.152.242.443.962.742.402.41

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income52.8621.4735.4579.2254.85-50.09-401.734.1454.30
Depreciation196.64179.82156.95141.09115.7292.46101.67120.67133.71
Other Funds (Non Cash)42.3716.4626.5377.750.96-5.95298.4138.9537.75
Funds from Operations300.74216.53231.43236.10171.5336.42-1.65163.76225.76
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-53.87-1.863.4649.25-138.24-52.49107.6640.196.65
Cash from Operating Activities246.87214.67234.89285.3633.29-16.07106.01203.95232.41
Capital Expenditures-310.44-294.56-173.15-135.87-71.88-39.99-21.24-110.14-165.36
Net Assets From Acquisitions-45.70-53.59-161.28-17.69-28.96-35.810.00-10.00-17.00
Sale of Fixed Assets and Businesses0.3518.1315.8122.8433.0212.5019.0042.0914.00
Purchase or Sale of Investments-0.50-72.060.00-0.50-7.67-3.30-3.000.000.00
Purchase of Investments-0.50-72.060.00-0.50-7.67-3.30-3.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.000.00
Other Uses0.000.000.000.000.000.000.000.000.00
Other Sources0.000.000.000.000.180.900.000.690.00
Cash from Investing Activities-356.30-402.09-318.62-131.22-75.31-65.71-5.24-77.36-168.36
Cash Dividends Paid-36.26-33.66-29.75-24.92-6.020.000.000.000.00
Change in Capital Stock182.94-7.29-7.86-61.77-20.16-1.15-10.80-18.46-15.80
Repurchase of Common Pref Stock-8.69-7.29-7.91-61.77-20.21-1.21-10.88-18.60-16.56
Sale of Common Pref Stock191.630.000.050.000.050.060.080.140.76
Proceedsfrom Stock Options191.630.000.050.000.050.060.080.140.76
Issuance or Reduction of Debt, Net-21.02226.5384.77-16.10-8.33-0.32-0.26-45.88-31.88
Change in Long Term Debt-21.02226.5384.77-16.10-8.33-0.32-0.26-45.88-31.88
Issuance of Long Term Debt160.47373.63165.00105.25140.860.000.005.0060.00
Reduction of Long Term Debt-181.48-147.10-80.23-121.35-149.19-0.32-0.26-50.88-91.88
Net Financing Active Other Cash Flow0.00-0.08-0.52-1.58-1.940.000.00-0.35-1.61
Other Financing Activities Uses0.00-0.08-0.52-1.58-1.940.000.00-0.35-1.61
Cash from Financing Activities125.67185.5146.64-104.37-36.45-1.47-11.06-64.69-49.29
Exchange Rate Effect-0.000.01-0.01-0.00-0.010.010.060.13-0.29
Net Change in Cash16.25-1.89-37.1049.76-78.48-83.2489.7762.0314.46
Free Cash Flow-63.57-79.8961.73149.49-38.59-56.0684.7793.8167.05
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow--42.306.30--4.127.9810.01
Deferred Taxes & Investment Tax Credit--1.2212.50-61.960.000.000.000.000.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments34.0733.4055.9718.0817.8351.19
Short Term Receivables280.27319.92317.77264.03276.99309.31
Inventories48.2048.0037.3134.2837.9741.68
Other Current Assets41.4034.8233.3638.0047.4737.25
Total Current Assets403.95436.14444.41354.39380.26439.43
Net Property, Plant & Equipment1,062.271,055.02968.23940.89915.79825.80
Total Investments and Advances106.6777.1477.7178.2378.3983.27
Intangible Assets151.00156.52150.48154.69155.71133.17
Deferred Tax Assets41.2745.8548.3448.8838.8239.41
Other Assets17.7817.0717.7118.5319.1725.41
Total Assets1,818.251,787.741,706.881,595.611,588.151,546.49
Short Term Debt Incl. Current Port. of LT Debt26.6675.1561.8746.1529.7516.01
Accounts Payable76.6166.7358.6553.3258.6653.23
Other Current Liabilities147.52134.50111.06126.23142.91149.82
Total Current Liabilities250.79276.38231.58225.70231.31219.06
Long Term Debt246.89216.81223.37308.38308.73295.84
Provision for Risks Charges81.9181.2275.1379.1464.9756.03
Other Liabilities86.3475.8257.1755.3351.4952.44
Total Liabilities665.93650.22587.24668.54656.50623.37
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity1,096.181,049.35991.48805.62808.11799.28
Total Shareholders Equity1,096.181,049.35991.48805.62808.11799.28
Accumulated Minority Interest56.1388.17128.15121.45123.55123.84
Total Equity1,152.321,137.521,119.63927.07931.65923.12
Total Liabilities & Stockholders Equity1,818.251,787.741,706.881,595.611,588.151,546.49
Book Value Per Share8.358.268.147.687.707.67
Tangible Book Value Per Share7.207.036.906.216.226.39
Full-Time Employees---3,300--
Price to Book Ratio1.832.461.991.371.391.13
Return on Assets2.931.921.331.431.362.30
Return on Equity5.243.462.422.652.484.18
Return on Invested Capital1.531.660.71-0.030.240.97
Quick Ratio1.421.401.761.421.481.82
Current Ratio1.611.581.921.571.642.01

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income22.9322.569.43-2.062.2911.67
Depreciation48.9848.4346.8652.3644.8942.97
Other Funds (Non Cash)6.189.6913.2613.23-2.090.19
Funds from Operations86.9487.1071.9554.7545.7059.31
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-2.50-0.37-61.7110.7026.0023.28
Cash from Operating Activities84.4486.7410.2465.4571.7082.59
Capital Expenditures-89.55-71.02-78.38-71.50-95.23-79.41
Net Assets From Acquisitions-2.25-41.99-0.21-1.25-35.14-3.23
Sale of Fixed Assets and Businesses-4.001.801.061.494.157.66
Purchase or Sale of Investments0.00-0.500.000.000.000.00
Purchase of Investments0.00-0.500.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses0.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities-95.80-111.71-77.53-71.26-126.21-74.97
Cash Dividends Paid-9.52-9.58-8.75-8.40-8.38-8.31
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-0.07-0.70184.09-0.38-0.33-0.29
Repurchase of Common Pref Stock-0.07-0.62-7.62-0.38-0.33-0.29
Sale of Common Pref Stock0.00-0.07191.710.000.000.00
Proceedsfrom Stock Options0.00-0.07191.710.000.000.00
Issuance or Reduction of Debt, Net21.6212.68-70.1614.8429.8724.26
Change in Long Term Debt21.6212.68-70.1614.8429.8724.26
Issuance of Long Term Debt77.5712.8943.5026.5040.0024.48
Reduction of Long Term Debt-55.95-0.21-113.66-11.66-10.13-0.22
Net Financing Active Other Cash Flow0.000.000.000.000.000.00
Other Financing Activities Uses0.000.000.000.000.000.00
Cash from Financing Activities12.032.40105.186.0621.1615.67
Exchange Rate Effect0.00-0.00-0.000.00-0.000.01
Net Change in Cash0.68-22.5737.890.26-33.3623.29
Free Cash Flow-5.1015.72-68.14-6.05-23.533.18

Revenue breakdown

Accommodations and rentals2024: 78.73M 2025: 86.78M
Chemical Product Sales2024: 260.84M 2025: 309.43M
Eliminations and other service lines2024: -11.74M 2025: -13.03M
Flowback and well testing2024: 84.78M 2025: 71.18M
Fluid hauling2024: 242.19M 2025: 180.11M
Fluids Disposal2024: 112.38M 2025: 122.26M
Pipelines and Logistics2024: 27.41M 2025: 11.56M
Solids Management2024: 25.21M 2025: 32.43M
Water Containment2024: 63.04M 2025: 61.38M
Water Recycling and Reuse2024: 128.86M 2025: 149.07M
Water transfer and monitoring2024: 440.38M 2025: 396.18M
Bakken2024: 91.16M 2025: 86.69M
Eagle Ford2024: 154.89M 2025: 135.45M
Eliminations and other countries2024: -11.57M 2025: -12.76M
Haynesville/E. Texas2024: 79.04M 2025: 60.27M
Marcellus/Utica2024: 141.27M 2025: 157.17M
Mid-Continent2024: 85.34M 2025: 91.42M
Permian Basin2024: 702.01M 2025: 724.14M
Rockies2024: 209.93M 2025: 164.96M
Chemical Technologies2024: 260.84M 2025: 309.43M
Consolidation, Policy2024: -13.11M 2025: -13.70M
Water Infrastructure2024: 293.86M 2025: 315.61M
Water Services2024: 910.48M 2025: 796.01M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-307.23%8.5M118.0M1.70M
2026-10-156.80%8.0M118.0M1.72M
2026-09-306.98%8.2M118.0M1.71M
2026-09-155.28%6.2M118.0M1.74M
2026-08-314.34%5.1M117.6M1.73M
2026-08-144.09%4.8M117.6M1.85M
2026-07-314.63%5.5M117.6M1.81M
2026-07-155.12%5.8M113.5M1.96M
2026-06-305.10%5.8M113.7M1.95M
2026-06-153.57%4.1M113.7M1.80M
2026-05-293.90%4.4M113.5M1.85M
2026-05-153.54%4.0M113.5M2.04M
2026-04-303.72%4.0M107.9M1.86M
2026-04-154.71%5.1M107.9M1.57M
2026-03-315.36%5.7M106.0M1.44M
2026-03-135.05%5.3M106.0M1.26M
2026-02-274.96%5.3M106.0M1.11M
2026-02-137.04%6.5M92.1M751.45K
2026-01-306.82%6.4M93.6M764.61K
2026-01-157.69%7.2M93.6M816.26K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call12.502.903.903.301.4955.001.000.811-0.0910.007
call15.001.151.451.100.7998.002.000.682-0.0610.009
call17.500.100.350.420.82412.001.000.306-0.0450.009
call20.000.000.750.111.4143,0430.000.196-0.0550.007
call22.500.000.751.251.8593,4680.000.160-0.0640.006
call25.000.000.500.472.2271.000.000.141-0.0710.006
call30.000.000.750.002.8300.000.000.119-0.0800.005
put12.500.000.750.002.3690.000.00-0.189-0.0910.007
put15.000.000.750.251.28212.000.00-0.313-0.0600.009
put17.501.352.502.001.68013.000.00-0.690-0.0440.009
put20.003.705.103.102.49012.000.00-0.804-0.0540.007
put22.506.207.606.812.9871.001.00-0.840-0.0630.006
put25.008.6010.100.003.5070.000.00-0.859-0.0690.006
put30.0013.2015.500.004.6510.000.00-0.880-0.0770.005

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-098-KCurrent report2026-11-09SEC
2026-11-0910-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-05SCHEDULE 13GSEC
2026-11-028-KCurrent report2026-11-02SEC
2026-10-28SCHEDULE 13G/ASEC
2026-10-218-KCurrent report2026-10-21SEC
2026-10-168-KCurrent report2026-10-14SEC
2026-10-138-KCurrent report2026-10-13SEC
2026-10-08SCHEDULE 13G/ASEC
2026-09-248-KCurrent report2026-09-24SEC
2026-08-184Statement of changes in beneficial ownership of securities2026-08-15SEC
2026-08-14SCHEDULE 13G/ASEC
2026-08-11144Filing for proposed sale of securities under Rule 144.SEC
2026-08-0510-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-048-KCurrent report2026-08-04SEC
2026-07-204Statement of changes in beneficial ownership of securities2026-07-16SEC
2026-07-074Statement of changes in beneficial ownership of securities2026-07-02SEC
2026-07-01144Filing for proposed sale of securities under Rule 144.SEC
2026-06-018-KCurrent report2026-06-01SEC
2026-05-214Statement of changes in beneficial ownership of securities2026-05-19SEC
2026-05-19144Filing for proposed sale of securities under Rule 144.SEC
2026-05-184Statement of changes in beneficial ownership of securities2026-05-14SEC
2026-05-15144Filing for proposed sale of securities under Rule 144.SEC
2026-05-14144Filing for proposed sale of securities under Rule 144.SEC
2026-05-12144Filing for proposed sale of securities under Rule 144.SEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-11SEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-11SEC
2026-05-11144Filing for proposed sale of securities under Rule 144.SEC
2026-05-11144Filing for proposed sale of securities under Rule 144.SEC
2026-05-084Statement of changes in beneficial ownership of securities2026-05-06SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050065.42M7
2026-040046.81M1
2026-030000
2026-0200661.03K2
2026-010000
2025-12003.14M2
2025-11003.47M3

Institutional holders

Manager% owned
BlackRock, Inc.9.40%
FRANKLIN RESOURCES INC9.01%
FMR LLC7.55%
DIMENSIONAL FUND ADVISORS LP4.91%
VANGUARD CAPITAL MANAGEMENT LLC4.19%
AMERICAN CENTURY COMPANIES INC3.35%
WELLINGTON MANAGEMENT GROUP LLP3.10%
STATE STREET CORP3.07%
GEODE CAPITAL MANAGEMENT, LLC2.55%
Merewether Investment Management, LP2.38%

Funds

Fund% owned
Franklin Small Cap Value Fund4.66%
VANGUARD TOTAL STOCK MARKET INDEX FUND3.00%
Avantis U.S. Small Cap Value ETF2.66%
iShares Russell 2000 ETF2.39%
VanEck Oil Services ETF1.83%
Franklin Small Cap Value VIP Fund1.68%
Fidelity Stock Selector Small Cap Fund1.65%
Victory Sycamore Small Company Opportunity Fund1.40%
VANGUARD EXTENDED MARKET INDEX FUND1.09%
Fidelity Series Small Cap Opportunities Fund1.07%

OakChart. WTTR. Cached 15 minutes.