Select Water Solutions (WTTR)
Manages oilfield water through pipelines, recycling, disposal, field services, and chemistry.
$20.43
After hours+0.14 (+0.69%)
At close$20.29(−1.50%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 389 | 375 | 367 | 365 | 371 | 349 | 374 | 364 | 322 | 347 | 366 | 396 |
| Cost of revenue | 333 | 320 | 314 | 305 | 309 | 305 | 319 | 306 | 235 | 302 | 301 | 319 |
| Gross profit | 56 | 55 | 53 | 60 | 62 | 44 | 56 | 58 | 87 | 44 | 64 | 77 |
| 40 | 48 | 46 | 40 | 38 | 42 | 40 | 42 | 89 | 43 | 40 | 42 | |
| 39 | 46 | 44 | 39 | 37 | 40 | 37 | 39 | 37 | 43 | 41 | 41 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 41 |
| Other expenses | 1 | 1 | 2 | 1 | 1 | 2 | 3 | 3 | 52 | 0 | 0 | 1 |
| Operating income | 17 | 7 | 7 | 20 | 25 | 3 | 16 | 15 | −2 | 1 | 24 | 34 |
| 0 | −40 | −2 | −2 | 0 | −2 | −3 | 1 | 5 | −12 | −12 | −5 | |
| Interest expense | 1 | 0 | 1 | 2 | 2 | 2 | 5 | 6 | 6 | 7 | −6 | 5 |
| Other non-operating income | −1 | 40 | 0 | 0 | −2 | 0 | −2 | −7 | −10 | 6 | 18 | 0 |
| Income before tax | 17 | −34 | 5 | 19 | 25 | 0 | 12 | 16 | 3 | −12 | 12 | 29 |
| Income tax expense | 0 | −61 | 1 | 4 | 6 | 2 | 3 | 5 | 0 | −9 | 2 | 6 |
| Net income from continuing operations | 16 | 28 | 4 | 15 | 19 | −2 | 10 | 12 | 2 | −2 | 9 | 23 |
| Other adjustments | −1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1 |
| Net income | 14 | 28 | 4 | 13 | 16 | −2 | 8 | 11 | 3 | 0 | 9 | 21 |
| EPS, basic | $0.14 | $0.28 | $0.04 | $0.13 | $0.16 | −$0.02 | $0.08 | $0.10 | $0.03 | −$0.00 | $0.08 | $0.17 |
| EPS, diluted | $0.14 | $0.27 | $0.04 | $0.13 | $0.15 | −$0.02 | $0.08 | $0.10 | $0.03 | −$0.00 | $0.08 | $0.17 |
| Weighted average shares, basic | 100 | 99 | 99 | 118 | 103 | 117 | 117 | 118 | 104 | 103 | 110 | 136 |
| Weighted average shares, diluted | 102 | 102 | 101 | 118 | 105 | 117 | 117 | 118 | 104 | 103 | 113 | 113 |
| EBITDA | 53 | 3 | 45 | 59 | 65 | 42 | 56 | 64 | 54 | 48 | 53 | 83 |
| Depreciation & amortization | 35 | 36 | 38 | 38 | 39 | 40 | 39 | 42 | 45 | 52 | 47 | 48 |
| EBIT | 18 | −33 | 7 | 21 | 26 | 2 | 17 | 22 | 9 | −5 | 6 | 35 |
