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.
The WTTR news page on Stock Titan aggregates recent announcements and disclosures from Select Water Solutions, Inc., a provider of sustainable water and chemical solutions to the energy industry. Readers can follow how the company’s Water Services, Water Infrastructure and Chemical Technologies segments perform over time through quarterly earnings releases, operational updates and strategic project news.
Company news frequently covers financial and operational results, where Select reports consolidated revenue, segment performance, gross margins and adjusted EBITDA, along with commentary on trends in recycling volumes, disposal activity and chemical product sales. These releases often outline how the business mix is evolving, including efforts to grow infrastructure‑based, contracted revenues and to rationalize certain service operations.
Another recurring theme in WTTR news is infrastructure growth and long‑term contracts. Select regularly announces new water infrastructure projects in basins such as the Permian and the Northern Delaware Basin in New Mexico, backed by dedicated acreage and rights of first refusal. Updates describe expansions of recycling capacity, disposal networks, and pipeline systems, as well as asset acquisitions or swaps that add landfills, treatment plants and other facilities.
News items also highlight capital allocation and shareholder returns, including recurring quarterly cash dividend declarations on Class A common stock and comparable distributions to SES Holdings, LLC unitholders. In addition, readers will find coverage of projects such as the produced water lithium extraction facility in partnership with Mariana Minerals, which illustrates Select’s efforts to monetize minerals in produced water streams through royalty‑based arrangements.
Investors and observers can use this page to review historical press releases, track management’s commentary on market conditions and strategy, and monitor developments such as the company’s dual listing on NYSE Texas, executive compensation arrangements disclosed in 8‑K filings, and updates on infrastructure backlogs. Bookmark this page to access an organized stream of WTTR‑related news as it is released.
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Select Energy Services, Inc. (NYSE: WTTR) announced a quarterly cash dividend of $0.05 per share for Class A common stock. This dividend will be paid on May 17, 2023, to stockholders of record by the close of business on May 5, 2023. A similar $0.05 distribution will also be made to unitholders of SES Holdings, LLC under the same conditions. Future dividends will be subject to quarterly reviews by the Board of Directors. Select Energy is recognized for its sustainable water and chemical solutions for the energy sector, focusing on environmental responsibility and effective water management throughout the lifecycle of oilfield operations.
Select Energy Services, Inc. (NYSE: WTTR) announced it will release its first quarter 2023 financial results on May 2, 2023, after market close. This will be followed by a conference call on May 3, 2023, at 11:00 a.m. Eastern Time to discuss the results.
The company emphasizes its commitment to sustainable water and chemical solutions for the energy industry, underlining the importance of environmental responsibility in its operations.
Investors can access the live call via phone or online, with a replay available until May 17, 2023. For further information, visit their website.
Select Energy Services (NYSE: WTTR) announced a new $50 million share repurchase program, supplementing the $8.6 million remaining from a previous $25 million authorization. This total represents nearly 10% of the company's Class A common stock based on the March 17, 2023 closing price. The repurchases, subject to management discretion, aim to enhance shareholder value and will be funded from working capital and operational cash flow. The company anticipates growth in revenue, EBITDA, and net income in 2023, bolstered by strategic acquisitions and a robust capital allocation strategy.
Select Energy Services, Inc. plans to rebrand as Select Water Solutions, Inc., strengthening its focus on sustainable water management. For 2022, the company reported revenues of $1.4 billion, an 81% increase from 2021, and a net income of $54.9 million. Key acquisitions in the Permian Basin expanded its water infrastructure portfolio, including a new Delaware Basin recycling project, expected to enhance revenue streams. Despite challenges in Q4 2022, including integration issues, Select aims to achieve significant revenue and EBITDA growth in 2023 with planned capital expenditures between $90 million and $130 million.
Select Energy Services (NYSE: WTTR) has announced the release date for its fourth quarter and full year 2022 financial results, scheduled for February 21, 2023, after market close. A conference call to discuss these results will take place on February 22, 2023, at 11:00 a.m. Eastern Time. Investors can participate via phone or online. A replay of the call will be available until March 8, 2023. Select Energy Services is known for providing sustainable water and chemical solutions to the energy sector, emphasizing environmentally responsible management throughout the lifecycle of oilfield operations.
Select Energy Services (NYSE: WTTR) announced a quarterly cash dividend of $0.05 per share, payable on February 17, 2023. Shareholders of record will be those held by the close of business on February 7, 2023. This dividend reflects the company's commitment to providing value to its investors, as all future payments are subject to quarterly review by the Board of Directors. Select is recognized for its sustainable water and chemical solutions within the energy sector, emphasizing environmentally responsible practices.