it’s simple to us. every day is an opportunity for us to work hard, prove our experience, put safety first and maintain 100% client focus. after all, we believe that is the only way to operate successfully in the oil and gas industry. since 2007, when we began operations in gainesville, texas, we have done just that. today, select energy services is headquartered in houston, texas, and has grown to become a company with nearly 2,000 employees. we provide services to more than 400 customers in every major shale play throughout the united states. we deliver innovative and efficient end-to-end water solutions to oilfield operators. at select energy services, we pride ourselves in being a trusted partner that offers comprehensive approaches for more convenience and better results. finally, we at select energy services believe our true value lies within the hard work, proven experience, safety and customer-centric solutions we are able to bring to each and every project.
Company profile
Ticker
WTTR
Exchange
Website
CEO
Holli Ladhani
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
Select Energy Services, Inc.
SEC CIK
Corporate docs
Subsidiaries
Select Agua Libre Midstream, LLC • Complete Energy • SES Holdings, LLC • Select Energy • Peak Oilfield Services, LLC • Rockwater Energy • SES Sub A, LLC • SES Sub B, LLC • SES Sub C, LLC • Navy Holdings, Inc. ...
WTTR stock data
Latest filings (excl ownership)
S-8
Registration of securities for employees
28 May 24
8-K
Submission of Matters to a Vote of Security Holders
9 May 24
10-Q
2024 Q1
Quarterly report
1 May 24
8-K
Select Water Solutions Announces First Quarter 2024
30 Apr 24
ARS
2023 FY
Annual report to shareholders
27 Mar 24
DEFA14A
Additional proxy soliciting materials
27 Mar 24
DEF 14A
Definitive proxy
27 Mar 24
8-K
Departure of Directors or Certain Officers
4 Mar 24
10-K
2023 FY
Annual report
21 Feb 24
8-K
Select Water Solutions Announces Fourth Quarter and Full Year 2023 Financial Results and Operational Updates
20 Feb 24
Transcripts
WTTR
Earnings call transcript
2024 Q1
1 May 24
WTTR
Earnings call transcript
2023 Q4
21 Feb 24
WTTR
Earnings call transcript
2023 Q3
1 Nov 23
WTTR
Earnings call transcript
2023 Q2
3 Aug 23
WTTR
Earnings call transcript
2023 Q1
3 May 23
WTTR
Earnings call transcript
2022 Q4
22 Feb 23
WTTR
Earnings call transcript
2022 Q3
4 Nov 22
WTTR
Earnings call transcript
2022 Q2
4 Aug 22
WTTR
Earnings call transcript
2022 Q1
4 May 22
WTTR
Earnings call transcript
2021 Q4
23 Feb 22
Latest ownership filings
4
Michael Skarke
14 May 24
144
Notice of proposed sale of securities
13 May 24
4
Robin H Fielder
9 May 24
4
DOUGLAS JAMES WALL
9 May 24
4
TROY W THACKER
9 May 24
4
LUIS M FERNANDEZ-MORENO
9 May 24
4
Richard Alan Burnett
9 May 24
4
Gayle Burleson
9 May 24
4
Christina M Ibrahim
6 May 24
144
Notice of proposed sale of securities
10 Apr 24
Financial summary
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 12.75 mm | 12.75 mm | 12.75 mm | 12.75 mm | 12.75 mm | 12.75 mm |
Cash burn (monthly) | 14.78 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 30.54 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | -17.79 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | -1.2 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
60.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 136 |
Opened positions | 23 |
Closed positions | 61 |
Increased positions | 43 |
Reduced positions | 44 |
13F shares | Current |
---|---|
Total value | 371.68 bn |
Total shares | 61.94 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Dimensional Fund Advisors | 6.03 mm | $45.78 bn |
Vanguard | 5.43 mm | $41.22 bn |
SPN Superior Energy Services | 4.71 mm | $27.81 mm |
Wellington Management | 4.70 mm | $35.67 bn |
SCF GP | 4.33 mm | $34.40 mm |
Crestview Partners II GP | 3.90 mm | $29.59 bn |
SCF Partners | 3.02 mm | $22.92 bn |
Van Eck Associates | 2.48 mm | $18.83 mm |
STT State Street | 2.31 mm | $17.56 bn |
Punch & Associates Investment Management | 2.31 mm | $17.53 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 May 24 | Skarke Michael | Class A Common Stock | Sell | Dispose S | No | No | 9.78 | 13,421 | 131.26 k | 380,981 |
7 May 24 | Burnett Richard Alan | Class A Common Stock | Grant | Acquire A | No | No | 0 | 16,447 | 0.00 | 109,710 |
7 May 24 | Gayle Burleson | Class A Common Stock | Grant | Acquire A | No | No | 0 | 16,447 | 0.00 | 68,346 |
7 May 24 | Robin H Fielder | Class A Common Stock | Grant | Acquire A | No | No | 0 | 16,447 | 0.00 | 43,457 |
7 May 24 | Wall Douglas James | Class A Common Stock | Grant | Acquire A | No | No | 0 | 16,447 | 0.00 | 105,302 |
News
Citigroup Upgrades Select Water Solutions to Buy, Announces $13 Price Target
9 May 24
Select Energy Services Q1 2024 GAAP EPS $0.04 Misses $0.07 Estimate, Sales $366.548M Miss $369.510M Estimate
30 Apr 24
Northland Capital Markets Initiates Coverage On Select Water Solutions with Market Perform Rating, Announces Price Target of $11.5
22 Apr 24
Select Water Solutions Appoints Chris George As Executive Vice President And CFO, Effective Immediately; Expects To Enter Into Separation Agreement With Nick Swyka
4 Mar 24
Press releases
SELECT WATER SOLUTIONS TO PARTICIPATE IN WATER TOWER RESEARCH FIRESIDE CHAT SERIES
21 May 24
PERMIAN WATER RECYCLING FACILITY EXCEEDS 50 MILLION BARRELS TREATED AND REUSED
20 May 24
SELECT WATER SOLUTIONS ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTS AND OPERATIONAL UPDATES
30 Apr 24
SELECT WATER SOLUTIONS ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.06 PER SHARE
24 Apr 24
SELECT WATER SOLUTIONS ANNOUNCES 2024 FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE
22 Apr 24