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Select Energy Services Inc (WTTR)
NYSE:WTTR
Earnings Data
Report Date
Aug 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.13Last Year’s EPS
0.13Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: 1.09%
|Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong start to 2025 with significant achievements in revenue growth and strategic contract wins, particularly in water infrastructure. Despite some challenges from sequential revenue declines in certain segments and potential impacts from tariffs and commodity prices, the company's outlook remains positive with expectations for continued growth.Company Guidance
During the Select Water Solutions 2025 First Quarter Earnings Conference Call, the company provided comprehensive guidance on multiple metrics. For the first quarter, revenue increased by 7%, adjusted EBITDA rose by 14%, and consolidated gross margins improved by 1 percentage point. The company achieved notable growth in its Chemical Technologies and Water Services segments, with revenues up 21% and 8% respectively, while maintaining a strong 54% gross margin in Water Infrastructure. SG&A costs were reduced by 6%, and net income grew by $12 million. The company highlighted the strategic conversion of a 40-mile freshwater pipeline in the Northern Delaware to transport produced water, enhancing operational efficiency. They secured several new long-term agreements, including an 11-year contract for a major project in the Northern Delaware Basin, which added more than 265,000 dedicated acres and involved building approximately 100 miles of incremental pipelines. Looking forward, Select Water Solutions expects consolidated adjusted EBITDA growth of 6% to 12% in the second quarter, with potential activity declines in the oil and gas industry due to lower commodity prices and supply chain disruptions. Despite these challenges, the company remains confident in its strategic focus on water infrastructure growth and anticipates continued resilience and profitability.Strong Revenue and Growth Metrics
Increased revenue by 7%, outpacing the general macro environment. Adjusted EBITDA increased by 14%, and net income grew by $12 million.
Significant Growth in Chemical Technologies and Water Services
Chemical technologies revenue grew by 21% and water services by 8%, while maintaining a 54% gross margin in water infrastructure.
Major Contract Wins and Strategic Developments
Secured several new agreements for large projects, increasing the contracted footprint in the Northern Delaware Basin to more than 1,000,000 acres, with a notable 11-year contract in Eddy County.
Infrastructure Expansion in Northern Delaware Basin
Transformed a 40-mile freshwater pipeline to transport produced water, enhancing strategic benefits for the Northern Delaware network.
Positive Outlook for Water Infrastructure Segment
Water Infrastructure segment maintained a strong 54% gross margin, with expectations for double-digit revenue increases in Q2 and continued growth into 2026.
Successful ERP System Rollout
Implemented a new ERP system across the full company, expected to drive more efficiencies over time.
WTTR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WTTR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2025 | $8.24 | $7.30 | -11.41% |
Feb 18, 2025 | $13.29 | $12.57 | -5.42% |
Nov 05, 2024 | $10.98 | $13.78 | +25.50% |
Jul 30, 2024 | $11.42 | $11.52 | +0.88% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Select Energy Services Inc (WTTR) report earnings?
Select Energy Services Inc (WTTR) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
What is Select Energy Services Inc (WTTR) earnings time?
Select Energy Services Inc (WTTR) earnings time is at Aug 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WTTR EPS forecast?
WTTR EPS forecast for the fiscal quarter 2025 (Q2) is 0.13.