Welcome to our dedicated page for Select Water Solutions news (Ticker: WTTR), a resource for investors and traders seeking the latest updates and insights on Select Water Solutions stock.
Select Water Solutions, Inc. reports developments in sustainable water and chemical solutions for the U.S. energy industry. Company news centers on quarterly operating results across Water Services, Water Infrastructure and Chemical Technologies, including water transfer, water sourcing, fluids hauling, containment, monitoring, water-network automation, produced-water recycling and chemical manufacturing.
Recurring updates also cover long-term water infrastructure projects, gathering and distribution pipeline networks, disposal and recycling assets, friction reducer and specialty surfactant demand, Class A common stock offerings, quarterly cash dividends and distributions tied to SES Holdings, LLC. Select-related announcements may also address third-party technology deployments at company sites that use produced-water infrastructure for recycling or mineral-extraction applications.
Select Water Solutions (NYSE:WTTR), a sustainable water and chemical solutions provider for the energy industry, has declared a quarterly cash dividend of $0.07 per share of Class A common stock. The dividend will be paid on August 15, 2025, to shareholders of record as of August 5, 2025.
Additionally, SES Holdings, LLC unitholders will receive a comparable distribution of $0.07 per unit following the same payment schedule. The company notes that all future dividend payments will be subject to quarterly review and approval by Select's Board of Directors.
Select Water Solutions (NYSE:WTTR) has scheduled its 2025 second quarter earnings release and conference call. The company will release its financial results on Tuesday, August 5, 2025 after market close, followed by a conference call on Wednesday, August 6, 2025 at 11:00 a.m. Eastern Time.
Investors can access the call by dialing 201-389-0872 or through a live webcast at the company's investor relations website. A replay will be available until August 20, 2025 via phone (passcode: 13752540#) and the webcast archive will be accessible for 90 days.
Select Water Solutions (NYSE: WTTR), a sustainable water and chemical solutions provider for the energy industry, has announced a quarterly cash dividend of $0.07 per share of Class A common stock. The dividend will be paid on May 16, 2025, to shareholders of record as of May 6, 2025.
Additionally, SES Holdings unitholders will receive a comparable distribution of $0.07 per unit under the same payment schedule. The company notes that all future dividend payments will be subject to quarterly review and approval by Select's Board of Directors.
Select Water Solutions (NYSE: WTTR) has scheduled its 2025 first quarter earnings release for Tuesday, May 6, 2025, after market close. The company will host a conference call to discuss the results on Wednesday, May 7, 2025, at 11:00 a.m. Eastern Time (10:00 a.m. Central Time).
Investors can participate by dialing 201-389-0872 or accessing the webcast through the company's investor relations website. For those unable to attend live, a replay will be available until May 21, 2025, via phone (201-612-7415, passcode: 13752539#) or through the company's website for 90 days.
Select Water Solutions (NYSE: WTTR) reported its Q4 and full-year 2024 results, with consolidated revenue of $1.5 billion for the year and $349 million for Q4. The company's Water Infrastructure segment showed strong growth with 2024 revenues of $291 million, up 26% year-over-year, and gross profit up 62%.
Operating cash flows reached $235 million for the year and $68 million in Q4. The company announced new long-term Water Infrastructure projects in the Permian Basin, backed by a new 150,000+ acre dedication, with expected capital deployment of $39-41 million. Additionally, WTTR announced a new water rights and storage partnership in Colorado with a $62 million initial investment, targeting municipal, industrial, and agricultural supply contracts.
For 2025, the company expects record-setting Adjusted EBITDA and consolidated margins, with Water Infrastructure segment revenues and gross profit projected to grow by 15-25% year-over-year. Net capital expenditures for 2025 are targeted at $170-190 million.
Select Water Solutions (NYSE: WTTR) and Occidental announced significant progress in their joint water management initiative in the Northern Delaware Basin. The Lost Tank recycling facility in Lea County, New Mexico has reached a milestone of recycling over 50 million barrels of produced water since its 2022 launch.
The facility has expanded from an initial capacity of 60,000 barrels per day to 180,000 barrels per day, supported by 1.9 million barrels of storage. Select constructed a 13-mile produced water pipeline to Occidental's Mesa Verde assets, enabling greater flexibility in water recycling and reuse. The network features advanced automation for dynamic water balancing and is planned to expand by 2025, integrating into a broader system with 12 million barrels of total storage capacity.
Select Water Solutions (NYSE: WTTR) has scheduled its 2024 fourth quarter and full year earnings release for Tuesday, February 18, 2025, after market close. The company will host a conference call to discuss the results on Wednesday, February 19, 2025, at 11:00 a.m. Eastern Time (10:00 a.m. Central Time).
Investors can access the call by dialing 201-389-0872 or joining the webcast at the company's investor relations website. A replay will be available through March 5, 2025, by dialing 201-612-7415 with passcode 13751345#. The webcast archive will be accessible for 90 days on the company's website.
Select Water Solutions (NYSE: WTTR) announced significant changes to its Board of Directors. Bruce E. Cope, CPA and Timothy A. Roberts have been appointed as new directors, while Troy W. Thacker will not seek re-election after nearly five years of service.
Cope brings over 30 years of oil and gas industry experience, particularly in E&P operations and investments. He previously served as Senior VP - Chief Accounting Officer & Controller at Hunt Consolidated, Inc. Roberts contributes more than 20 years of experience in the Midstream sector and energy investments, currently serving as CEO and Partner of Iron Horse Midstream,
Chairman John Schmitz highlighted that the new directors' accounting, finance, and operational expertise will strengthen the company's midstream partnerships and support its Water Infrastructure growth strategy.
Select Water Solutions (NYSE: WTTR) has secured a new five-year senior secured sustainability-linked credit facility totaling $550 million. The facility comprises a $300 million revolving credit commitment and a $250 million term loan, with potential expansion of up to $200 million through additional commitments over four years.
The credit facility features sustainability-linked targets focused on increasing produced water recycling volumes and maintaining safety standards, with financial incentives for meeting these benchmarks. As of the closing date, there were no borrowings under the revolver, approximately $20 million in outstanding letters of credit, and the term loan was fully funded.
The company has over $150 million of contracted infrastructure projects under construction and nearly $400 million in pro forma liquidity. The facility, extending through 2030, supports Select's expansion of water infrastructure networks, advancement of recycling and automation technologies, and delivery of sustainable solutions.