Select Water Solutions, Inc. Class A (WTTR)

Over the past six months, Select Water Solutions' stock has trended upwards. Key events impacting the stock price include strong Q4 2025 financial results with significant growth in Water Infrastructure and Chemical Technologies, a public offering of common stock to fund growth projects, strong Q1 2026 financial results with increased revenue and adjusted EBITDA, acquisitions adding surface acreage and infrastructure in the Northern Delaware Basin, declaration of quarterly cash dividends, and the annual meeting of stockholders with strong support for proposals.

The demand for Select Water Solutions' products and services can be subject to seasonality, particularly in its Water Services and Chemical Technologies segments. The fourth quarter of the year has traditionally seen seasonal declines in the Water Services segment. However, the company anticipates that strong performance from its Water Infrastructure business and steady performance from Chemical Technologies can offset these seasonal declines. The company expects relatively steady quarterly revenue throughout 2026, with overall activity levels remaining stable.

Select Water Solutions, Inc. is a leading provider of sustainable water and chemical solutions to the energy industry, primarily serving the oil and gas sector in the United States. The company operates through three main segments: Water Infrastructure, Water Services, and Chemical Technologies. The Water Infrastructure segment specializes in recycling, gathering, transferring, and disposing of water, primarily for the energy industry, managing a network of pipelines, treatment facilities, and storage and disposal sites. The Water Services segment provides end-to-end water management solutions for exploration and production companies, encompassing water sourcing, transfer, hauling, monitoring, containment, and automation. The Chemical Technologies segment focuses on the development, manufacturing, logistics, and supply of a comprehensive range of chemicals used in hydraulic fracturing, stimulation, cementing, and well completions.

Select Water Solutions provides services to customers in every major unconventional basin throughout the United States. Its operations are strategically located in key U.S. basins, including the Permian (Delaware and Midland), Eagle Ford, Marcellus, DJ Basin (Rockies Region), Bakken, MidCon, and Northeast regions. The company has also expanded its capabilities in the Haynesville Shale through acquisitions.

Select Water Solutions emphasizes its commitment to safe, environmentally responsible management of water. The company rebranded to underscore its focus on water management and chemical solutions. The company surpassed one billion barrels of cumulative produced water recycled, highlighting its efforts in sustainability. The company also engages in projects like a produced water lithium extraction facility.

Select Water Solutions' ownership is characterized by a strong presence of both institutional investors and company insiders. Institutional investors hold the majority of the stock. Company insiders hold a significant portion of the company.