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Tetra Technlgs - TTI STOCK NEWS

Welcome to our dedicated page for Tetra Technlgs news (Ticker: TTI), a resource for investors and traders seeking the latest updates and insights on Tetra Technlgs stock.

Overview of Tetra Technologies, Inc. (NYSE: TTI)

Tetra Technologies, Inc. is a globally diversified energy services and solutions company headquartered in The Woodlands, Texas. With operations spanning six continents, the company is a key player in the oil and gas services sector, while also making significant strides in industrial chemicals and emerging low-carbon markets. Tetra’s business model is built on two primary segments: Completion Fluids & Products and Water & Flowback Services. These divisions cater to the upstream oil and gas industry, providing critical products and services that enhance well completion, production efficiency, and water management.

Core Business Segments

Completion Fluids & Products

The Completion Fluids & Products segment is a cornerstone of Tetra’s operations. It specializes in the production and distribution of clear brine fluids, bromine-based solutions, and calcium chloride. These products are essential for offshore and deepwater oil and gas operations, particularly in well completion processes. Tetra’s vertical integration in bromine production—sourcing elemental bromine from its Arkansas facilities—gives it a competitive edge by ensuring a reliable supply chain and cost efficiency. Additionally, the company’s proprietary TETRA CS Neptune® fluids are widely recognized for their application in high-density offshore completion projects, further solidifying its market position.

Water & Flowback Services

The Water & Flowback Services division provides comprehensive water management solutions to onshore oil and gas operators. Its offerings include frac flowback, produced water recycling, and advanced desalination technologies. Tetra’s innovative TETRA Oasis™ Total Desalination Solution (TDS) exemplifies its commitment to sustainable practices by enabling the treatment and beneficial reuse of produced water. This technology not only addresses regulatory challenges but also opens new revenue streams through mineral extraction.

Vertical Integration and Strategic Initiatives

Bromine and Calcium Chloride Production

Tetra is the world’s largest vertically integrated producer of calcium chloride and a significant player in bromine-based products. Its bromine reserves in Arkansas support both its completion fluids business and its expansion into the energy storage market. The company’s TETRA PureFlow® zinc bromide electrolyte is a critical component for long-duration energy storage solutions, positioning Tetra as a key supplier in this rapidly growing market.

Water Desalination and Beneficial Reuse

Tetra’s advancements in water treatment technologies address one of the oil and gas industry’s most pressing challenges: the management of produced water. Its proprietary desalination solutions achieve high recovery rates and meet stringent regulatory standards, making them suitable for applications ranging from industrial use to surface irrigation.

Competitive Landscape and Differentiation

Tetra operates in a competitive environment alongside major oilfield service providers. However, its vertical integration, focus on innovation, and diversification into low-carbon markets set it apart. By leveraging its expertise in bromine chemistry and water management, Tetra addresses both traditional and emerging market needs, ensuring long-term relevance and growth potential.

Global Footprint and Market Presence

With a presence on six continents, Tetra serves a diverse customer base that includes oil and gas operators, industrial chemical buyers, and renewable energy companies. Its geographic diversification mitigates risks associated with regional market fluctuations and positions it as a resilient player in the global energy landscape.

Conclusion

Tetra Technologies, Inc. exemplifies adaptability and innovation in the energy services sector. Through its core operations in completion fluids and water management, coupled with strategic investments in bromine and desalination technologies, Tetra is well-positioned to meet the evolving needs of its customers while contributing to a more sustainable energy future.

Rhea-AI Summary
TETRA Technologies, Inc. (NYSE: TTI) has secured a $265 million credit facility with Silver Point Finance, which will refinance existing debt and provide capital to advance the Arkansas bromine processing project. The new credit facility closed and funded on January 12, 2024, and it is priced at SOFR +575 basis points. TETRA is confident that it has the required capital for the proposed project, with existing liquidity of $142 million, free cash flow, and the $75 million delayed draw term loan.
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TETRA Technologies, Inc. (NYSE:TTI) announced the completion of a Technical Resources Study for its Evergreen Brine Unit in Arkansas, revealing significant lithium and bromine resources. The study estimates a total of 1,413,000 tons of elemental bromine and 137,000 tons of lithium, with an estimated 729,251 tons of lithium carbonate equivalent (LCE). The report reflects higher confidence in the existence of the resources and indicates potential for over 50 years of production for lithium and bromine. TETRA is also expanding into low carbon energy markets with initiatives such as TETRA PureFlow® for stationary batteries and carbon capture utilization and storage technology with CarbonFree.
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TETRA Technologies, Inc. reported third quarter 2023 financial results with revenue of $151.5 million, a 12% YoY increase. Net income before discontinued operations was $5.5 million, and adjusted EBITDA was $26.1 million, a 40% YoY increase. TETRA achieved unanimous approval for a joint brine unit application and obtained positive results from a test well for lithium and bromine production. Standard Lithium exercised its option to acquire lithium mineral rights. The company expects strong cash flow in Q4.
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TETRA Technologies, Inc. to release Q3 2023 results and host conference call
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TETRA Technologies to present at H.C. Wainwright conference
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TETRA Technologies announces record high Q2 revenue, with a 25% YoY increase. Net income improves 9 times, reaching $18.2 million. Adjusted EBITDA increases 93% YoY and 75% QoQ. Cash flow from operating activities is $28.4 million, while adjusted free cash flow is $17.7 million.
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TETRA Technologies, Inc. to release Q2 2023 results and host conference call
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FAQ

What is the current stock price of Tetra Technlgs (TTI)?

The current stock price of Tetra Technlgs (TTI) is $3.28 as of March 6, 2025.

What is the market cap of Tetra Technlgs (TTI)?

The market cap of Tetra Technlgs (TTI) is approximately 446.8M.

What does Tetra Technologies, Inc. specialize in?

Tetra specializes in oil and gas services, including completion fluids, water management, and bromine-based products. It also focuses on industrial chemicals and emerging low-carbon markets.

What are Tetra’s main business segments?

Tetra operates through two primary segments: Completion Fluids & Products and Water & Flowback Services, catering to the upstream oil and gas industry.

How does Tetra differentiate itself from competitors?

Tetra’s vertical integration in bromine production, proprietary technologies like TETRA CS Neptune® fluids, and innovations in water desalination set it apart in the competitive energy services market.

What is the role of bromine in Tetra’s business?

Bromine is a critical component in Tetra’s completion fluids and is also used in its TETRA PureFlow® zinc bromide electrolyte for long-duration energy storage solutions.

What is TETRA Oasis™ TDS?

TETRA Oasis™ TDS is a proprietary desalination technology that treats produced water for beneficial reuse, addressing regulatory challenges and enabling mineral extraction.

Where is Tetra Technologies headquartered?

Tetra Technologies is headquartered in The Woodlands, Texas, and operates on six continents.

What industries does Tetra serve?

Tetra serves the oil and gas industry, industrial chemical markets, and emerging renewable energy sectors.

How does Tetra contribute to sustainability?

Tetra focuses on environmentally conscious solutions like produced water desalination, recycling, and low-carbon energy storage technologies.
Tetra Technlgs

NYSE:TTI

TTI Rankings

TTI Stock Data

446.84M
124.97M
5.06%
70.86%
2.42%
Oil & Gas Equipment & Services
Crude Petroleum & Natural Gas
Link
United States
THE WOODLANDS