Select Energy Services ( (WTTR) ) has released its Q2 earnings. Here is a breakdown of the information Select Energy Services presented to its investors.
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Select Water Solutions, Inc., a leader in sustainable water and chemical solutions for the energy industry, has released its second-quarter 2025 financial and operational results, showcasing significant progress in its strategic initiatives. The company is known for its critical water infrastructure assets and commitment to environmentally responsible water management.
In the second quarter of 2025, Select Water Solutions reported a 22.1% increase in net income and a 13.4% improvement in adjusted EBITDA compared to the previous quarter. The company generated $82.6 million in operating cash flow and $10.8 million in free cash flow. Notably, the Water Infrastructure segment saw a 12% increase in revenue and a 17% rise in gross profit, reflecting the company’s focus on expanding its recycling and disposal capabilities.
Key strategic moves included an asset swap with OMNI Environmental Solutions, enhancing Select’s infrastructure in the Bakken region while divesting certain trucking operations. The company also announced the evaluation of strategic alternatives for its Peak Rentals business and secured multiple long-term contracts for water infrastructure projects in the Permian Basin, backed by significant acreage dedications.
Looking ahead, Select Water Solutions anticipates continued growth in its Water Infrastructure segment, with expectations of 10% growth in the fourth quarter of 2025 and 20% year-over-year growth in 2026. Despite anticipated declines in the Water Services segment due to divestments and reduced activity levels, the company remains optimistic about its strategic direction and the potential for further expansion.
Overall, Select Water Solutions is poised for growth, driven by its strategic focus on water infrastructure and the potential for new opportunities in distributed power solutions through its Peak Rentals business. The company’s commitment to sustainable water management and strategic asset optimization positions it well for future success.