| Select Water Solutions, Inc. (WTTR) Q1 2025 Earnings Call Transcript |
Select Water Solutions, Inc. (NYSE:WTTR ) Q1 2025 Results Conference Call May 7, 2025 11:00 AM ET Company Participants Garrett Williams - Vice President, Corporate Finance and Investor Relations John Schmitz - Founder, Chairman, President and Chief Executive Officer Chris George - Executive Vice President and Chief Financial Officer Michael Skarke - Executive Vice President and Chief Operating Officer Conference Call Participants Bobby Brooks - Northland Capital Markets Thomas Turrin - Seaport Global Don Crist - Johnson Rice Blake McLean - Daniel Energy Jeffrey Robertson - Water Tower Research Operator Greetings, and welcome to the Select Water Solutions 2025 First Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2025-05-07 18:53:02 |
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| Select Water Solutions, Inc. (WTTR) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates |
Although the revenue and EPS for Select Water Solutions, Inc. (WTTR) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2025-05-07 00:31:09 |
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| Select Water Solutions, Inc. (WTTR) Q1 Earnings and Revenues Surpass Estimates |
Select Water Solutions, Inc. (WTTR) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.04 per share a year ago. |
zacks.com |
2025-05-06 23:20:42 |
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| Select Water Solutions Announces First Quarter 2025 Financial, Operational and Strategic Updates |
Generated first quarter 2025 consolidated revenue of $374.4 million, an increase of $25 million or 7% sequentially, as compared to the fourth quarter of 2024 Increased net income by $11.7 million and improved adjusted EBITDA 14% sequentially during the first quarter of 2025 relative to the fourth quarter of 2024 Announced multiple new long-term contracted Water Infrastructure projects in the Permian Basin backed by over 265,000 acres of new acreage and right-of-first refusal dedications, anticipating $100 million – $125 million of incremental capital deployed GAINESVILLE, Texas , May 6, 2025 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and chemical solutions, today announced its financial and operating results for the quarter ended March 31, 2025. John Schmitz, Chairman of the Board, President and CEO, stated, "The first quarter represented a strong start to the year for Select, with net income increasing by $11.7 million and adjusted EBITDA increasing 14% sequentially compared to the fourth quarter of 2024. |
prnewswire.com |
2025-05-06 20:15:00 |
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| Select Water Solutions Announces Quarterly Cash Dividend of $0.07 Per Share |
GAINESVILLE, Texas , April 24, 2025 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and chemical solutions to the energy industry, today announced that its Board of Directors declared a quarterly cash dividend of $0.07 per share of Class A common stock to be paid on May 16, 2025, to holders of record as of the close of business on May 6, 2025. A comparable distribution of $0.07 per unit has also been approved to the unitholders of SES Holdings, LLC, which will be subject to the same payment and record dates. |
prnewswire.com |
2025-04-24 20:15:00 |
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| Select Water Solutions Announces 2025 First Quarter Earnings Release and Conference Call Schedule |
GAINESVILLE, Texas , April 16, 2025 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) today announced that it will release 2025 first quarter financial results on Tuesday, May 6, 2025 after the market closes. In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Wednesday, May 7, 2025 at 11:00 a.m. |
prnewswire.com |
2025-04-16 20:15:00 |
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| Select Water Solutions, Inc. (WTTR) Q4 2024 Earnings Call Transcript |
Select Water Solutions, Inc. (NYSE:WTTR ) Q4 2024 Earnings Conference Call February 19, 2025 11:00 AM ET Company Participants Garrett Williams - Vice President, Corporate Finance and Investor Relations John Schmitz - Founder, Chairman, President and Chief Executive Officer Chris George - Executive Vice President and Chief Financial Officer Michael Skarke - Executive Vice President and Chief Operating Officer Mike Lyons - Executive Vice President and Chief Strategy and Technology Officer Conference Call Participants Jim Rollyson - Raymond James Bobby Brooks - Northland Capital Markets Jeff Robertson - Water Tower Research John Daniel - Daniel Energy Operator Ladies and gentlemen, good morning. And welcome to the Select Water Solutions Fourth Quarter and Year End 2024 Earnings Conference Call. |
seekingalpha.com |
2025-02-19 18:38:04 |
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| Select Water Solutions, Inc. (WTTR) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates |
While the top- and bottom-line numbers for Select Water Solutions, Inc. (WTTR) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-02-18 21:01:16 |
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| Select Water Solutions, Inc. (WTTR) Reports Q4 Loss, Tops Revenue Estimates |
Select Water Solutions, Inc. (WTTR) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.08. This compares to earnings of $0.27 per share a year ago. |
zacks.com |
2025-02-18 20:46:25 |
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| Select Water Solutions Announces Fourth Quarter and Full Year 2024 Financial and Operational Results and Strategic Updates |
Generated full year and fourth quarter 2024 consolidated revenue of $1.5 billion and $349 million, respectively Water Infrastructure achieved full year 2024 revenues of $291 million, up 26% year-over-year, with gross profit up 62% year-over-year Delivered full year and fourth quarter 2024 operating cash flows of $235 million and $68 million, respectively Announces multiple new long-term contracted Water Infrastructure projects in the Permian backed by new 150,000+ acre dedication, anticipating $39 – $41 million of capital deployed Announces new water rights and storage partnership in Colorado with $62 million initial investment targeting high-margin, ultra long-term municipal, industrial and agricultural supply contracts GAINESVILLE, Texas , Feb. 18, 2025 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and chemical solutions, today announced its financial and operating results for the quarter and year ended December 31, 2024. John Schmitz, Chairman of the Board, President and CEO, stated, "The fourth quarter concluded another record-setting year for Select, both operationally and financially. |
prnewswire.com |
2025-02-18 18:15:00 |
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| Delaware Basin Recycling Facility Marks Milestone in Sustainable Water Management |
Lost Tank recycling facility reaches 50 million barrels of produced water GAINESVILLE, Texas , Feb. 12, 2025 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select"), a leading provider of sustainable water and technology solutions to the energy industry, and Occidental, one of the largest oil and gas producers in the United States and the Permian Basin, are pleased to announce significant progress in their joint initiative of reducing freshwater usage and reliance on disposal in the Northern Delaware Basin through successful development and commercialization of the Lost Tank recycling facility in Lea County, New Mexico. The Lost Tank facility began operations in 2022 with an initial recycling capacity of 60,000 barrels per day and has since expanded to process 180,000 barrels per day supported by 1.9 million barrels of storage. |
prnewswire.com |
2025-02-12 18:15:00 |
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| Select Water Solutions Announces 2024 Fourth Quarter And Full Year Earnings Release and Conference Call Schedule |
GAINESVILLE, Texas , Feb. 10, 2025 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) today announced that it will release 2024 fourth quarter and full year financial results on Tuesday, February 18, 2025 after the market closes. In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Wednesday, February 19, 2025 at 11:00 a.m. |
prnewswire.com |
2025-02-10 18:15:00 |
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| Oil & gas industry veterans Bruce Cope & Tim Roberts appointed to Select Water Solutions' Board of Directors |
Troy Thacker to retire from Select Water Solutions' Board of Directors GAINESVILLE, Texas , Jan. 30, 2025 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and technology solutions to the energy industry, today announced that the Company's Board of Directors, on the recommendation of the Nominating and Governance Committee, appointed Bruce E. Cope, CPA and Timothy A. |
prnewswire.com |
2025-01-30 18:20:00 |
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| Select Water Solutions Enhances Its Financial Strength with New $550 Million Sustainability-Linked Credit Facility |
GAINESVILLE, Texas , Jan. 28, 2025 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and technology solutions to the energy industry, today announced the successful closing of a new five-year senior secured sustainability-linked credit facility ("Credit Facility"). The Credit Facility includes an initial $300 million revolving credit commitment ("Revolver") and $250 million in term loan commitments ("Term Loan"). |
prnewswire.com |
2025-01-28 18:15:00 |
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| Select Water Solutions Announces Quarterly Cash Dividend of $0.07 Per Share |
GAINESVILLE, Texas , Jan. 23, 2025 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and chemical solutions to the energy industry, today announced that its Board of Directors declared a quarterly cash dividend of $0.07 per share of Class A common stock to be paid on February 14, 2025, to holders of record as of the close of business on February 4, 2025. A comparable distribution of $0.07 per unit has also been approved to the unitholders of SES Holdings, LLC, which will be subject to the same payment and record dates. |
prnewswire.com |
2025-01-23 18:15:00 |
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| SELECT WATER SOLUTIONS TO PARTICIPATE IN WATER TOWER RESEARCH FIRESIDE CHAT SERIES |
GAINESVILLE, Texas , Nov. 12, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and chemical solutions to the energy industry, today announced that Chris George, Executive Vice President and Chief Financial Officer, and Michael Skarke, Executive Vice President and Chief Operational Officer, will be participating in the Water Tower Research Fireside Chat Series on November 13, 2024, at 12:00 p.m. Eastern Time / 11:00 a.m. |
prnewswire.com |
2024-11-12 18:15:00 |
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| Select Water Solutions, Inc. (WTTR) Q3 2024 Earnings Call Transcript |
Select Water Solutions, Inc. (NYSE:WTTR ) Q3 2024 Earnings Conference Call November 6, 2024 11:00 AM ET Company Participants Garrett Williams - Vice President, Corporate Finance & Investor Relations John Schmitz - Founder, Chairman, President & Chief Executive Officer Chris George - Executive Vice President & Chief Financial Officer Michael Skarke - Executive Vice President & Chief Operating Officer Conference Call Participants Jim Rollyson - Raymond James Bobby Brooks - Northland Capital Markets Tom Curran - Seaport Research Partners Don Crist - Johnson Rice Jeff Robertson - Water Tower Research Operator Ladies and gentlemen, good morning, and welcome to the Select Water Solutions Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2024-11-06 14:27:50 |
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| Select Water Solutions, Inc. (WTTR) Reports Q3 Earnings: What Key Metrics Have to Say |
Although the revenue and EPS for Select Water Solutions, Inc. (WTTR) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2024-11-05 21:00:33 |
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| Select Water Solutions, Inc. (WTTR) Q3 Earnings and Revenues Beat Estimates |
Select Water Solutions, Inc. (WTTR) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.14 per share a year ago. |
zacks.com |
2024-11-05 20:40:26 |
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| Select Water Solutions Announces Third Quarter 2024 Financial Results and Operational Updates |
Generated revenue of $371 million during the third quarter of 2024, an increase of 2% sequentially compared to the second quarter of 2024 Produced $51.9 million of Operating Cash Flow and $20.4 million of Free Cash Flow during the third quarter of 2024 Increased Net income 26% and improved Adjusted EBITDA 4% sequentially during the third quarter of 2024 relative to the second quarter of 2024 Water Infrastructure segment revenue, gross profit and gross profit before D&A increased sequentially by 20%, 42% and 33%, respectively, in the third quarter of 2024 as compared to the second quarter of 2024 Secured multiple new long-term contracts for pipeline gathering, recycling & disposal infrastructure projects, with anticipated new capital deployment of $37 – $42 million HOUSTON , Nov. 5, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and technology solutions to the energy industry, today announced its financial and operating results for the third quarter ended September 30, 2024. John Schmitz, Select's Chairman of the Board, President and Chief Executive Officer, stated, "During the third quarter Select delivered another quarter of continued margin improvement and profitability, while generating solid free cash flow. |
prnewswire.com |
2024-11-05 18:15:00 |
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| Select Water Solutions Increases Quarterly Cash Dividend 17% |
GAINESVILLE, Texas , Oct. 25, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and chemical solutions to the energy industry, today announced that its Board of Directors declared a quarterly cash dividend of $0.07 per share of Class A common stock, a 17% increase, to be paid on November 15, 2024, to holders of record as of the close of business on November 5, 2024. A comparable distribution of $0.07 per unit has also been approved to the unitholders of SES Holdings, LLC, which will be subject to the same payment and record dates. |
prnewswire.com |
2024-10-25 12:00:00 |
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| Select Water Solutions, Inc. (WTTR) to Report Q3 Results: What to Expect |
Select Water Solutions, Inc. (WTTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-10-22 15:05:45 |
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| Select Water Solutions Announces 2024 Third Quarter Earnings Release and Conference Call Schedule |
GAINESVILLE, Texas , Oct. 21, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) today announced that it will release 2024 third quarter financial results on Tuesday, November 5, 2024 after the market closes. In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Wednesday, November 6, 2024 at 11:00 a.m. |
prnewswire.com |
2024-10-21 20:15:00 |
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| Select Water Solutions, Inc. (WTTR) Reports Q2 Earnings: What Key Metrics Have to Say |
Although the revenue and EPS for Select Water Solutions, Inc. (WTTR) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2024-07-31 00:06:15 |
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| Select Water Solutions, Inc. (WTTR) Surpasses Q2 Earnings Estimates |
Select Water Solutions, Inc. (WTTR) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.20 per share a year ago. |
zacks.com |
2024-07-30 22:55:29 |
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| Select Water Solutions Announces Second Quarter 2024 Financial Results and Operational Updates |
Generated revenue of $365 million during the second quarter of 2024 Generated $83.1 million of Operating Cash Flow and $37.4 million of Free Cash Flow during the second quarter of 2024 Net income more than tripled and Adjusted EBITDA improved 17% sequentially during the second quarter of 2024 relative to the first quarter of 2024 Water Infrastructure segment revenue, gross profit and gross profit before D&A increased by 8%, 28% and 17%, respectively, in the second quarter of 2024 as compared to the first quarter of 2024 During the second quarter of 2024, closed on the acquisition of disposal assets and operations in the Northeast for $9 million of cash consideration Contracted multiple new pipeline gathering, recycling & disposal infrastructure projects supported by long-term contracts in the Permian Basin, with anticipated new capital deployment of $55 million – $60 million HOUSTON , July 30, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and technology solutions to the energy industry, today announced its financial and operating results for the quarter ended June 30, 2024. John Schmitz, Chairman of the Board, President and CEO, stated, "During the second quarter we achieved our goal and demonstrated our successes in improving the margin and profitability profile of the business, while generating strong free cash flow. |
prnewswire.com |
2024-07-30 20:15:00 |
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| Select Water Solutions Announces Quarterly Cash Dividend of $0.06 Per Share |
HOUSTON , July 25, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and chemical solutions to the energy industry, today announced that its Board of Directors declared a quarterly cash dividend of $0.06 per share of Class A common stock, to be paid on August 16, 2024, to holders of record as of the close of business on August 5, 2024. A comparable distribution of $0.06 per unit has also been approved to the unitholders of SES Holdings, LLC, which will be subject to the same payment and record dates. |
prnewswire.com |
2024-07-25 20:15:00 |
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| Select Water Solutions Announces 2024 Second Quarter Earnings Release and Conference Call Schedule |
HOUSTON , July 23, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) today announced that it will release 2024 second quarter financial results on Tuesday, July 30, 2024 after the market closes. In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Wednesday, July 31, 2024 at 11:00 a.m. |
prnewswire.com |
2024-07-23 11:00:00 |
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| Select Water Solutions Announces Release of 2023 Sustainability Report |
Select's focus on reducing greenhouse gas ("GHG") emissions resulted in a 9% reduction in combined Scope 1 and Scope 2 emissions intensity from 2022 Select treated or recycled 18.4 billion gallons of water, a 37% increase from 2022 Select recycled 6.6 billion gallons of water at our fixed facilities, a 47% increase from 2022, reflecting the continued expansion of our Water Infrastructure segment Select meaningfully exceeded the annual water recycling and employee safety targets embedded in the Company's sustainability-linked credit facility for 2023 by 319% and 57%, respectively HOUSTON , July 10, 2024 /PRNewswire/ -- Select Water Solutions (NYSE: WTTR), a leading provider of sustainable water management and chemical solutions, proudly announces the publication of its 2023 Sustainability Report. This report underscores Select's unwavering commitment to environmental stewardship, operational excellence, and innovative practices that drive sustainable growth in the energy sector. |
prnewswire.com |
2024-07-10 12:00:00 |
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| Select Water Solutions Not Yet Selected |
Select Water Solutions, Inc., an oilfield water service and chemicals company, has a market capitalization of $1.2 billion. It pays a 2.4% dividend. The oilfield services sector is under pressure, again, as billions in mergers and acquisitions lead to companies consolidating their drilling activities. The Permian Basin contends with an estimated 20 million BPD of produced water; water handling services are key. |
seekingalpha.com |
2024-06-24 10:38:15 |
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| SELECT WATER SOLUTIONS ANNOUNCES UPCOMING INVESTOR CONFERENCE SCHEDULE |
HOUSTON , June 13, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and chemical solutions to the energy industry, today announced its upcoming investor conference schedule for the remainder of the second quarter and the third quarter of 2024. Select's senior management will be participating in several upcoming investor conferences as outlined below. |
prnewswire.com |
2024-06-13 11:00:00 |
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| SELECT WATER SOLUTIONS TO PARTICIPATE IN WATER TOWER RESEARCH FIRESIDE CHAT SERIES |
HOUSTON , May 21, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and chemical solutions to the energy industry, today announced that John Schmitz, Chairman of the Board, President and CEO, and Chris George, Executive Vice President and Chief Financial Officer, will be participating in the Water Tower Research Fireside Chat Series on May 22, 2024, at 11:00 a.m. Eastern Time / 10:00 a.m. |
prnewswire.com |
2024-05-21 13:24:00 |
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| PERMIAN WATER RECYCLING FACILITY EXCEEDS 50 MILLION BARRELS TREATED AND REUSED |
HOUSTON , May 20, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and chemical solutions to the energy industry, today announced their collaborative efforts with Occidental (NYSE: OXY) at the South Curtis Ranch treatment facility in the Midland Basin has successfully treated and recycled 50 million barrels of produced water. Operational since March 2021, this permanent facility showcases the commitment of both companies to sustainable operations in the region. |
prnewswire.com |
2024-05-20 20:15:00 |
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| Select Water Solutions, Inc. (WTTR) Q1 2024 Earnings Call Transcript |
Select Water Solutions, Inc. (NYSE:WTTR ) Q1 2024 Results Conference Call May 1, 2024 11:00 AM ET Company Participants John Schmitz - Founder, Chairman, President & CEO Chris George - EVP, CFO Michael Skarke - EVP, COO Conference Call Participants Bobby Brooks - Northland Jim Rollyson - Raymond James Tom Curran - Seaport Global Securities Don Crist - Johnson Rice Jeff Robertson - Water Tower Research John Daniel - Daniel Energy Partners Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to Select Water Solutions 2024 First Quarter Earnings Conference Call. |
seekingalpha.com |
2024-05-01 23:00:03 |
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| Compared to Estimates, Select Water Solutions, Inc. (WTTR) Q1 Earnings: A Look at Key Metrics |
The headline numbers for Select Water Solutions, Inc. (WTTR) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2024-05-01 00:06:24 |
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