Select Water Solutions NYSE: WTTR is positioning its Water Infrastructure business as its primary growth engine, with the company expanding produced-water recycling, disposal, pipeline and storage systems for oil and gas operators, Chairman and Chief Executive Officer John Schmitz said in a company presentation.
Select Water Solutions, Inc. (WTTR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Select Water (WTTR) delivered a strong Q2, with revenue up 8.7% and EBITDA of $93M, beating prior guidance. WTTR's Water Infrastructure segment led growth, aided by a major seven-year Northern Delaware Basin contract and new mineral extraction opportunities. Valuation models (DCF, APV, multiples) yield a blended price target of $17.28, about 14.6% below current levels, reflecting higher margins but increased CAPEX.
Select Water Solutions NYSE: WTTR reported higher revenue, earnings and adjusted EBITDA for the second quarter of 2026, supported by record results in its Water Infrastructure and Chemical Technologies segments and stronger-than-expected performance in Water Services.
Select Water's record Water Infrastructure results, seven-year contract and expanded backlog point to double-digit growth and stronger cash flow beyond 2026.
Select Water Solutions, Inc. (WTTR) Q2 2026 Earnings Call Transcript
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 June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Select Water Solutions, Inc. (WTTR) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.1 per share a year ago.
Select Water Solutions is transitioning from a cyclical oilfield services provider to a recurring-revenue water infrastructure platform with higher margins and contract-backed cash flows. The Water Infrastructure segment outpaces the legacy business, delivering a 56.2% gross margin before D&A and driving capital allocation; network density and long-term contracts enhance the competitive moat. Recent capital raises and infrastructure investments provide a growth runway but increase expectations for returns; Q1'26 free cash flow was negative due to working capital build-up, not earnings quality.
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.
Select Water Solutions, Inc. (WTTR) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Select Water Solutions, Inc. (WTTR) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.