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. (WTTR) provides sustainable water management and chemical solutions for the energy industry. This page serves as the definitive source for official company announcements, operational updates, and strategic developments.
Investors and industry professionals will find timely updates on earnings reports, infrastructure projects, and technological innovations. Our curated collection includes press releases covering water recycling initiatives, chemical technology advancements, and safety-focused operational milestones.
Key areas of coverage include produced water management developments, integrated infrastructure expansions, and environmental compliance achievements. The content reflects WTTR's commitment to operational excellence and sustainable resource management within energy sector operations.
For ongoing monitoring of the company's progress in water treatment technologies and industry partnerships, bookmark this page and check back regularly for the latest verified updates directly from Select Water Solutions.
Select Water Solutions (NYSE:WTTR), a leading provider of sustainable water management and chemical solutions, has announced its dual listing on NYSE Texas, while maintaining its primary listing on the New York Stock Exchange. The company will continue trading under the ticker symbol "WTTR" on both exchanges.
As a Founding Member of NYSE Texas, Select Water Solutions emphasizes its strong Texas roots, where the company was founded and maintains its headquarters. The majority of its operations, customers, leadership, and employee base are located in Texas, demonstrating its commitment to the state's economic growth.
Select Water Solutions (NYSE:WTTR) reported strong Q2 2025 financial results with $82.6 million operating cash flow and $10.8 million free cash flow. Net income increased by 22.1% to $11.7 million, while adjusted EBITDA improved by 13.4% to $72.6 million compared to Q1 2025.
The company announced strategic initiatives including an asset swap with OMNI Environmental Solutions, acquiring infrastructure assets in the Bakken while divesting certain trucking operations. Additionally, Select is evaluating strategic alternatives for Peak Rentals, its power solutions business. The Water Infrastructure segment showed strong performance with 12% revenue growth and 17% gross profit increase in Q2 2025.
Select secured multiple new long-term Water Infrastructure contracts in the Permian Basin, backed by 60,000 newly dedicated leasehold acres and 385,000 acres under right-of-first-refusal. The company maintains its 2025 net capital expenditures guidance of $225-250 million.
Select Water Solutions (NYSE:WTTR) has released its 2024 Sustainability Report, highlighting significant environmental achievements and operational growth. The company treated or recycled 20.0 billion gallons of water, marking a 9% increase from 2023, while expanding environmentally-responsible disposal volumes by 41%.
Key achievements include an 8% reduction in combined Scope 1 and 2 greenhouse gas emissions, exceeding sustainability-linked credit facility targets for water recycling by 324% and employee safety by 49%. The company achieved a Total Recordable Incident Rate (TRIR) of 0.54 and reduced chemical spill incidents by 60%. Select has established ambitious new sustainability goals, including a 14% target increase in recycled produced water volumes for 2025, with annual increases of 17.5% until reaching 403 million barrels per year by 2029.
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.
FAQ
What is the current stock price of Select Water Solutions (WTTR)?
What is the market cap of Select Water Solutions (WTTR)?
