Strong Water Infrastructure Contracts
Secured several new midstream contracts in the Permian Basin, adding over 65,000 additional acres under long-term dedication. Added nearly 800,000 additional acres under dedication during 2025 alone.
Chemical Technologies Growth
Chemical Technologies segment achieved a sequential revenue increase of 13% and gross margins before D&A of 19.9%, resulting in a 29% increase in gross profit before D&A.
Mineral Extraction Initiative
Announced groundbreaking of Texas' first commercial produced water lithium extraction facility. Expected royalty payments of $2.5 million per year beginning in early 2027, ramping up to $5 million per year.
Resilient Cash Flow
Cash flow from operating activities of $72 million, outpacing adjusted EBITDA, indicating strong cash flow management.