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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

Tetra Technologies (TTI) is a globally diversified oil and gas services company that delivers specialized solutions in completion fluids, water management, and industrial chemicals. With a robust presence on six continents and headquarters in The Woodlands, Texas, the company excels in supplying high-value completion fluids, managing water and frac flowback operations, performing production well testing, and providing offshore rig cooling services. By leveraging proprietary technology and vertically integrated production capabilities, Tetra Technologies plays a critical role in advancing the oil and gas services industry.

Business Segments and Core Operations

The company operates through two main segments: the Completion Fluids & Products Division and the Water & Flowback Services Division. The Completion Fluids segment manufactures and markets clear brine fluids, additives, and complementary products that are crucial for effective well completions, particularly in offshore and deepwater environments. Meanwhile, the Water & Flowback Services segment provides comprehensive water management solutions including water recycling, produced water treatment, and desalination processes for onshore oil and gas operators, underscoring its expertise in delivering environmentally conscious and cost-effective technologies.

Innovative Capabilities and Vertical Integration

Tetra Technologies is distinguished by its vertically integrated approach, notably as the world's largest producer, marketer, and distributor of calcium chloride and brominated products. Its strategic initiatives include the development of proprietary processes used in the refining of brominated products essential for both oil and gas completion fluids and emerging long-duration battery electrolyte applications. These integrated capabilities not only optimize supply chain efficiencies but also mitigate dependence on third-party sources, positioning the company favorably within a competitive landscape.

Global Reach and Market Position

With operations spanning six continents, Tetra Technologies has established a geographically diversified business model. Its significant revenue contribution from the United States is complemented by strategic operations and customer relationships in Europe, Latin America, and Asia. The company has successfully positioned itself amidst evolving market dynamics, offering innovative technological solutions such as automated water treatment systems and desalination technologies that address the challenges of managing produced water in an environmentally and economically sustainable manner.

Expertise in Technology and Water Management

Central to its operations is its advanced approach towards water management. Tetra Technologies has harnessed its deep brine chemistry expertise to develop cutting-edge technologies for produced water recycling and desalination. This includes proprietary end-to-end systems that pre-treat feed water from oil and gas wells, followed by specialized desalination processes, ensuring that treated water not only meets regulatory standards but also achieves performance parameters for beneficial re-use. Such technology-driven initiatives reinforce the company's reputation for innovative, reliable, and cost-effective solutions in an industry where operational efficiency and regulatory compliance are paramount.

Industry-Specific Insights

The company's operations are embedded within a competitive and rapidly evolving industry. Key industry-specific terminology and concepts—such as completion fluids, water flowback services, produced water recycling, and vertical integration—are not just buzzwords; they represent Tetra Technologies's core capabilities. Its operations in offshore drilling support deepwater completions, a process crucial to maximizing production efficiency. Furthermore, its strategic investments in automation and desalination technologies underscore an ongoing commitment to mitigating operational risks and addressing environmental challenges associated with water disposal in oilfield operations.

Relevance to Investors and Market Analysts

Investors and analysts seeking to understand Tetra Technologies will find that the company offers a well-integrated view of both upstream and midstream operational challenges in the oil and gas sector. Its dual-segment model allows for flexibility in revenue streams, while its continued investments in technology and strategic initiatives, such as the bromine asset development for vertical integration, contribute to its strong market position. The comprehensive nature of its solutions—from chemicals to water management—ensures that Tetra remains resilient in the face of fluctuating market conditions and evolving industry standards.

Conclusion

In summary, Tetra Technologies represents a sophisticated blend of operational efficiency, technological innovation, and global reach within the oil and gas services industry. Its commitment to delivering high-quality completion fluids, effective water management solutions, and integrated chemical services positions the company as a key player with the expertise and operational depth required to navigate a complex and dynamic market landscape.

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TETRA Technologies, Inc. announced the release of its first-quarter results and a conference call to discuss the results. The company operates globally, focusing on energy services, bromine-based completion fluids, calcium chloride, water management solutions, frac flowback, and production well testing services. TETRA is expanding into low carbon energy markets with products like TETRA PureFlow® ultra-pure zinc bromide clear brine fluid for energy storage.
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TETRA Technologies, Inc. appoints Angela D. John to its Board of Directors, bringing extensive energy industry experience to the company. The appointment aims to enhance TETRA's strategic initiatives and energy transition efforts, aligning with the company's focus on advancing aqueous chemistry solutions and expanding its energy portfolio.
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TETRA Technologies, Inc. (TTI) reported fourth quarter revenue of $153.1 million, a 4% increase year-over-year, with adjusted net income improving by 51%. Total year 2023 income from continuing operations saw a significant 235% rise. Adjusted EBITDA for the fourth quarter was $24.1 million, up 19% year-over-year, and total year Adjusted EBITDA increased by 37%. The company achieved various strategic milestones, including approval for a lithium production project in Arkansas. TETRA's financial performance in 2023 showcased strong growth and progress in generating cash flow, with a focus on long-term shareholder value.
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TETRA Technologies, Inc. announced its 2024 Annual Meeting of Stockholders to be held on May 21, 2024. The company focuses on energy services and solutions globally, emphasizing environmentally conscious practices and expanding into the low-carbon energy market.
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TETRA Technologies, Inc. (NYSE:TTI) announced the release of fourth quarter and full year 2023 results, scheduled for February 27, 2024. The conference call will be hosted by President and CEO, Brady M. Murphy, and Senior Vice President and CFO, Elijio V. Serrano, on February 28, 2024. TETRA is an energy services company with a focus on bromine-based completion fluids, calcium chloride, water management solutions, frac flowback, and production well testing services. They are also expanding into low carbon energy markets with chemistry expertise, mineral acreage, and global infrastructure. The company's initiatives include commercialization of TETRA PureFlow® ultra-pure zinc bromide clear brine fluid for stationary batteries and energy storage, and development of lithium and bromine mineral acreage for oil and gas products and energy storage.
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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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FAQ

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

The current stock price of Tetra Technlgs (TTI) is $3.36 as of April 1, 2025.

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

The market cap of Tetra Technlgs (TTI) is approximately 442.9M.

What are the main business segments of Tetra Technologies?

Tetra Technologies operates through two primary segments: Completion Fluids & Products, which focuses on manufacturing and marketing completion fluids and additives; and Water & Flowback Services, which provides comprehensive water management and recycling solutions.

How does Tetra Technologies support deepwater operations?

The company offers specialized completion fluids designed for offshore and deepwater applications, along with advanced water management services that enhance well completions and mitigate environmental challenges.

What role does vertical integration play in Tetra’s operations?

Vertical integration is a key aspect of Tetra’s strategy. The company is the largest producer, marketer, and distributor of calcium chloride and brominated products, which supports its ability to control quality and supply chain efficiencies.

How does Tetra Technologies address water management challenges?

Tetra leverages advanced technologies in produced water recycling, desalination, and pre-treatment processes to ensure cost-effective and regulatory-compliant treatment of oil and gas well water for beneficial re-use.

What technological innovations is Tetra Technologies known for?

The company is recognized for its proprietary water treatment systems, automation in water and flowback services, and specialized chemical processing techniques that convert raw materials into high-value delivery products for the oil and gas industry.

What markets does Tetra Technologies primarily serve?

Tetra Technologies serves a broad range of markets across the globe, with a strong focus on the United States. Its services extend to Europe, Latin America, and Asia, reflecting its geographically diversified operations.

How does Tetra manage supply chain risks?

The company mitigates supply chain risks through vertical integration, strategic long-term supply agreements, and investments in technology that optimize production and minimize reliance on third-party suppliers.

What makes Tetra Technologies a key player in its industry?

Tetra Technologies combines advanced technological capabilities, a diversified global presence, and an integrated business model that collectively enable it to address complex operational challenges in the oil and gas sector.
Tetra Technlgs

NYSE:TTI

TTI Rankings

TTI Stock Data

442.86M
124.78M
5.34%
70.76%
2.43%
Oil & Gas Equipment & Services
Crude Petroleum & Natural Gas
Link
United States
THE WOODLANDS