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Select Water Solutions Q1 2024 Earnings Report

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$12.52 +0.07 (+0.56%)
(As of 12/20/2024 05:31 PM ET)

Select Water Solutions EPS Results

Actual EPS
$0.04
Consensus EPS
$0.09
Beat/Miss
Missed by -$0.05
One Year Ago EPS
$0.12

Select Water Solutions Revenue Results

Actual Revenue
$366.60 million
Expected Revenue
$369.29 million
Beat/Miss
Missed by -$2.69 million
YoY Revenue Growth
-12.00%

Select Water Solutions Announcement Details

Quarter
Q1 2024
Time
After Market Closes

Conference Call Resources

Conference Call Audio

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Select Water Solutions Earnings Headlines

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About Select Water Solutions

Select Water Solutions (NYSE:WTTR), together with its subsidiaries, provides water management and chemical solutions to the energy industry in the United States. The company operates through three segments: Water Services, Water Infrastructure, and Chemical Technologies. The Water Services segment provides water-related services, including water sourcing, water transfer, flowback and well testing, water containment, fluids hauling, water monitoring, and water network automation; technology solutions comprising hydrographic mapping, water volume and quality monitoring, remote pit and tank monitoring, leak detection, asset and fuel tracking, and automated-equipment services, as well as various surface rental equipment and workforce accommodation services. The Water Infrastructure segment engages in the recycling, gathering, transferring, and disposal of water through a network of permanent pipeline infrastructure, semi-permanent pipeline infrastructure, water recycling facilities, earthen pits, water sources, and SWDs; provides solids management services; and develops, builds, and operates semi-permanent and permanent infrastructure solutions. The Chemical Technologies segment provides technical solutions, products, and services related to chemical applications in the oil and gas industry. This segment develops, manufactures, and manages logistics; and provides chemicals used in hydraulic fracturing, stimulation, cementing, and well completions for pressure pumpers and oil and gas producers, as well as offers production chemical solutions for underperforming wells, corrosion and scale monitoring, chemical inventory management, well failure analysis, and lab services. It primarily serves oil and gas producers. The company was formerly known as Select Energy Services, Inc. and changed its name to Select Water Solutions, Inc. in May 2023. Select Water Solutions, Inc. was incorporated in 2016 and is headquartered in Houston, Texas.

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