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 provider of sustainable water and chemical solutions for the energy industry, announced participation in the Water Tower Research Fireside Chat Series on May 22, 2024, at 11:00 a.m. Eastern Time. Key speakers will include John Schmitz, Chairman, President and CEO, and Chris George, EVP and CFO.
The event is open to all investors, who can register through a provided link. A replay of the webcast will be available afterward. This allows stakeholders to gain insights into the company's strategies and future outlook directly from top executives.
Select Water Solutions (NYSE: WTTR) and Occidental (NYSE: OXY) have achieved a significant milestone at their South Curtis Ranch facility in the Midland Basin, successfully treating and recycling over 50 million barrels of produced water since its inception in March 2021. This facility exemplifies sustainable water management by reducing freshwater consumption and waste, reflecting both companies' commitment to environmental stewardship. The achievement highlights the collaborative efforts and dedication of both teams to adopt long-term water recycling programs, providing economic value and environmental benefits to the community.
Select Water Solutions reported solid financial performance in the first quarter of 2024, with revenue of $367 million and an increase in Adjusted EBITDA. The company closed several strategic acquisitions, expanded its infrastructure projects, and executed multiple long-term contracts. Despite a slight decline in revenue, the company remains optimistic about future growth prospects.
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