WTTR Stock Analysis: Select Energy | NYSE

Water Recycling, Water Transfer, Oilfield Chemicals, Pipeline Infrastructure

Total Rating 62

Safety 76

Buy Signal 1.35

Oil & Gas Equipment & Services
Industry Rotation: +7.2

Market Cap: 2.81B
Avg Turnover: 28.1M

Risk 3d forecast

Volatility41.0%

VaR 5^th Pctl6.85%

VaR vs Median1.42%

Reward TTM

Sharpe Ratio1.94

Rel. Str. IBD93.8

Rel. Str. Peer Group91.5

Character TTM

Beta1.845

Beta Downside1.949

Hurst Exponent0.451

Drawdowns 3y

Max DD50.66%

CAGR/Max DD0.75

CAGR/Mean DD2.56

EPS (Earnings per Share)

EPS CAGR: -34.74%
EPS Trend: -95.6%

Last SUE: 1.29
Qual. Beats: 2

Revenue

Rev. CAGR: -4.43%
Rev. Trend: -92.9%

Last SUE: 2.05
Qual. Beats: 4

Warnings

Strong Share Dilution

Below Avwap Earnings

Tailwinds

Rs Leader

Idiosyncratic Leader

Confidence

Seasonality 9.3 years of data

Jan +3.5% 15

Feb +8.4% 17

Mar -1.4% 14

Apr +0.0% 5

May +1.9% 9

Jun +0.7% 18

Jul +3.6% 13

Aug -7.2% 51

Sep -2.8% 15

Oct -5.0% 12

Nov +2.6% 12

Dec +5.8% 35

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: WTTR Select Energy

Select Water Solutions, Inc. (NYSE: WTTR) provides water management and chemical technologies to oil and gas producers across the United States. The company operates through three segments: Water Infrastructure (recycling, gathering, transfer, and disposal of produced and flowback water via pipelines, recycling facilities, storage, and disposal wells), Water Services (water sourcing, transfer, flowback, well testing, hauling, monitoring, automation, and surface rental/accommodation services), and Chemical Technologies (polymers and specialty chemicals for hydraulic fracturing, stimulation, cementing, well completions, production treatment, and corrosion/scale control).

Founded in 2008 and headquartered in Gainesville, Texas, the company was renamed from Select Energy Services, Inc. to Select Water Solutions, Inc. in May 2023, reflecting a strategic emphasis on its water-focused offerings. It is classified within the GICS Oil & Gas Equipment & Services sub-industry, an ancillary services segment that supports upstream exploration and production activity. Water sourcing, recycling, and chemical treatment have become increasingly important inputs to unconventional oil and gas operations, particularly given the high water intensity of hydraulic fracturing and growing emphasis on reuse and produced-water management.

Headlines to Watch Out For

US shale completion activity drives water management demand
Water Infrastructure margins expand on pipeline network utilization
Capital returns continue through dividend and share repurchase program

Piotroski VR-10 (Strict) 5.0

Net Income: 32.0m TTM > 0 and > 6% of Revenue
FCF/TA: -0.05 > 0.02 and ΔFCF/TA -3.23 > 1.0
NWC/Revenue: 11.17% < 20% (prev 15.10%; Δ -3.94% < -1%)
CFO/TA 0.13 > 3% & CFO 234.1m > Net Income 32.0m
Net Debt (290.3m) to EBITDA (236.9m): 1.23 < 3
Current Ratio: 1.58 > 1.5 & < 3
Outstanding Shares: last quarter (138.2m) vs 12m ago 17.34% < -2%
Gross Margin: 19.11% > 18% (prev 15.09%; Δ 4.02% > 0.5%)
Asset Turnover: 85.81% > 50% (prev 94.34%; Δ -8.53% > 0%)
Interest Coverage Ratio: 1.88 > 6 (EBIT TTM 44.3m / Interest Expense TTM 23.6m)

Altman Z'' 2.18

A: 0.09 (Total Current Assets 436.1m - Total Current Liabilities 276.4m) / Total Assets 1.79b
B: -0.09 (Retained Earnings -155.3m / Total Assets 1.79b)
C: 0.03 (EBIT TTM 44.3m / Avg Total Assets 1.67b)
D: 1.61 (Book Value of Equity 1.05b / Total Liabilities 650.2m)
Altman-Z'' = 2.18 = BBB

Beneish M -3.25

DSRI: 1.05 (Receivables 319.9m/309.3m, Revenue 1.43b/1.46b)
GMI: 0.79 (GM 15.09% / 19.11%)
AQI: 0.91 (AQ_t 0.17 / AQ_t-1 0.18)
SGI: 0.98 (Revenue 1.43b / 1.46b)
TATA: -0.11 (NI 32.0m - CFO 234.1m) / TA 1.79b)
Beneish M = -3.25 (Cap -4..+1) = AA

What is the price of WTTR shares?

As of August 28, 2026, the stock is trading at USD 19.54 with a total of 1,519,560 shares traded. Over the past week, the price has changed by -2.10%, over one month by +4.23%, over three months by +5.07% and over the past year by +140.35%.

Current recommended Stop Loss: 17.10 (which is 12.5% or 2.6 ATR below the current price).

Is WTTR a buy, sell or hold?

Select Energy has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy WTTR.

StrongBuy: 5
Buy: 0
Hold: 0
Sell: 0
StrongSell: 0

What are the forecasts/targets for the WTTR price?

Analysts Target Price	24	22.8%

Select Energy (WTTR) - Fundamental Data Overview as of 23 August 2026

Market Cap USD = 2.81b (2.81b USD * 1.0 USD.USD)
P/E Trailing = 70.4286
P/E Forward = 23.5294
P/S = 1.9676
P/B = 2.4527
P/EG = -3.89
Revenue TTM = 1.43b USD
EBIT TTM = 44.3m USD
EBITDA TTM = 236.9m USD
Long Term Debt = 196.4m USD (from longTermDebt, last quarter)
Short Term Debt = 74.5m USD (from shortTermDebt, last quarter)
Debt = 323.7m USD (from shortLongTermDebtTotal, last quarter) + Leases 32.4m
Net Debt = 290.3m USD (calculated: Debt 323.7m - CCE 33.4m)
Enterprise Value = 3.10b USD (2.81b + Debt 323.7m - CCE 33.4m)
Interest Coverage Ratio = 1.88 (Ebit TTM 44.3m / Interest Expense TTM 23.6m)
EV/FCF = -37.87x (Enterprise Value 3.10b / FCF TTM -82.0m)
FCF Yield = -2.64% (FCF TTM -82.0m / Enterprise Value 3.10b)
FCF Margin = -5.73% (FCF TTM -82.0m / Revenue TTM 1.43b)
Net Margin = 2.24% (Net Income TTM 32.0m / Revenue TTM 1.43b)
Gross Margin = 19.11% ((Revenue TTM 1.43b - Cost of Revenue TTM 1.16b) / Revenue TTM)
Gross Margin QoQ = 19.41% (prev 17.84%)
Tobins Q-Ratio = 1.74 (Enterprise Value 3.10b / Total Assets 1.79b)
Interest Expense / Debt = 7.29% (Interest Expense 23.6m / Debt 323.7m)
Taxrate = 21.57% (6.36m / 29.5m)
NOPAT = 34.8m (EBIT 44.3m * (1 - 21.57%))
Current Ratio = 1.58 (Total Current Assets 436.1m / Total Current Liabilities 276.4m)
Debt / Equity = 0.31 (Debt 323.7m / totalStockholderEquity, last quarter 1.05b)
Debt / EBITDA = 1.23 (Net Debt 290.3m / EBITDA 236.9m)
Debt / FCF = -3.54 (negative FCF - burning cash) (Net Debt 290.3m / FCF TTM -82.0m)
Total Stockholder Equity = 913.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.92% (Net Income 32.0m / Total Assets 1.79b)
RoE = 3.50% (Net Income TTM 32.0m / Total Stockholder Equity 913.6m)
RoCE = 3.99% (EBIT 44.3m / Capital Employed (Equity 913.6m + L.T.Debt 196.4m))
RoIC = 2.24% (NOPAT 34.8m / Invested Capital 1.55b)
WACC = 11.77% (E(2.81b)/V(3.14b) * Re(12.47%) + D(323.7m)/V(3.14b) * Rd(7.29%) * (1-Tc(0.22)))
Discount Rate = 12.47% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 40.04 | Cagr: 14.75%
[DCF] Fair Price = unknown (Cash Flow -82.0m)
EPS Correlation: -95.58 | EPS CAGR: -34.74% | SUE: 1.29 | # QB: 2
Revenue Correlation: -92.87 | Revenue CAGR: -4.43% | SUE: 2.05 | # QB: 4
EPS current Quarter (2026-09-30): EPS=0.16 | Chg30d=+19.49% | Revisions=+40% | Analysts=2
EPS current Year (2026-12-31): EPS=0.52 | Chg30d=+5.37% | Revisions=+40% | GrowthEPS=+14.2% | GrowthRev=+9.2%
EPS next Year (2027-12-31): EPS=0.68 | Chg30d=+4.28% | Revisions=+25% | GrowthEPS=+31.3% | GrowthRev=+2.4%
[Analyst] Revisions Ratio: +62% (up=5, down=0)