TTI · NYSE · Oil & Gas Equipment & Services

TETRA Technologies (TTI)

Supplies completion fluids, calcium chloride, water services, and future-facing bromine chemistry.

$6.09
vs last close−0.00 (−0.08%)
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TETRA Technologies, Inc.TTI
Energy

Runs Completion Fluids & Products and Water & Flowback Services across oil and gas basins, selling clear brine fluids, calcium chloride products, zinc-bromide electrolyte, water management, flowback, and production testing. Execution is tied to energy activity, chemical supply, and a pending Arkansas bromine project.

Manufactures and sells completion-fluid chemistry through Completion Fluids & Products, including clear brine fluids, additives, calcium chloride products, and zinc-bromide electrolyte. Water & Flowback Services provides water management, frac flowback, production testing, produced-water recycling and treatment, and desalination services.

Operations serve oil and gas customers in U.S. and selected international basins, with deepwater fluids and industrial chemicals anchoring the chemistry side. The water business is more exposed to U.S. onshore activity and Permian reuse demand.

The Evergreen bromine project in Arkansas is a future supply-chain move, not current production. Financing, energy activity, and brine-resource development shape the business.

Company facts

CEOBrady M. Murphy
ListedApr 3, 1990
ExchangeNYSE
HeadquartersSpring, TX
CountryUnited States
Employees1,400
CIK0000844965
ISINUS88162F1057

Market cap$890.4M
EPS (ttm)$0.0514
P/E (ttm)118.48
ROE1.9%
P/B2.18
P/S1.39
Dividend yieldDiv yield
Beta1.65vs XLE 0.75

Price target$10.00+64.2%Average of 31 analysts
ConsensusBuy18 of 31 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 1, 2026Northland SecuritiesTarget
Target: $14
Target: $10
Aug 17, 2026H.C. WainwrightReiterate
Rating: Target:
Rating: BuyTarget: $9
Jul 8, 2026Raymond JamesUpgrade
Rating: Target:
Rating: OutperformTarget: $10
Jun 30, 2026Northland SecuritiesTarget
Target: $11.50
Target: $14
Jan 21, 2026Clear StreetDowngrade
Rating: Buy
Rating: Hold

Next report
Oct 27, 26
in 35 days
EPS estimate
$0.05
Revenue estimate
$159.1M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Aug '26Oct '26
Reported$0.03$0.11$0.09$0.04$0.02$0.06$0.08Pending
Estimate$0.03$0.08$0.09$0.04$0.03$0.03$0.08$0.05
Surprise0.0%+37.5%0.0%0.0%−33.3%+100.0%0.0%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Aug '26Oct '26
Reported$134.5M$157.1M$173.9M$153.2M$146.7M$156.3M$185.7MPending
Estimate$139.0M$159.7M$172.5M$144.4M$141.1M$151.2M$176.2M$159.1M
Surprise−3.2%−1.6%+0.8%+6.1%+4.0%+3.3%+5.4%
Estimate$0.05
ReportedDue Oct 27, 2026
Estimate$159.1M
ReportedDue Oct 27, 2026
View details

Debt to equity54.90%
Current ratio245.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$141.7M$134.5M$157.1M$173.9M$153.2M$146.7M$156.3M$185.7M
Net income−$3.0M$102.7M$4.0M$11.3M$4.2M−$16.5M$8.3M$10.2M
Net margin0.0%76.4%2.6%6.5%2.7%0.0%5.3%5.5%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$12.1M$8.0M$18.8M$23.0M$11.1M$6.1M$12.8M$20.1M
YoY growth+17.0%+96.8%+110.0%+8.9%−7.8%−24.4%−31.7%−12.4%

Balance sheet, Jun 30, 2026Cash & short-term investments $154.6M · Total debt $223.8M · Total assets $800.1M · Shareholders' equity $407.8M

Revenue
$185.7M
Operating income
$20.1M
Net income
$10.2M
View details

No dividends on record.

Institutions93.87%137.24M shares
250 holders · as of Jun 30, 2026
Insiders9.23%13.49M shares
14 holders · as of Sep 2, 2026
Strategic holders7.06%10.32M shares
2 holders · as of Sep 17, 2020
Adds to110.16%

146.20M company shares as of Sep 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 110.16%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
8.36%12.22Mas of Jun 30, 2026
Neuberger Berman Group LLCInstitution
5.93%8.67Mas of Jun 30, 2026
Jack YetivInsider
5.55%8.12Mfiled Feb 24, 2022
s. AIGH Capital Management, LLC.Strategic
4.62%6.76Mfiled Jul 21, 2020
Vanguard Capital Management LLCInstitution
4.18%6.12Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 2, 2026Angela D. Johndirector+10,000$6.50
Jul 2, 2026Brady M. Murphyofficer: President & CEO−61$10.01
Jul 1, 2026Brady M. Murphyofficer: President & CEO−50,000$10.72
Jun 9, 2026Kurt Halleadofficer: VP-Treasurer & IR+22,000$9.86
Nov 10, 2025Shoemake Alicia R. Bostonofficer: Sr. VP and General Counsel−19,257$7.94
View details

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