WTTR Stock Analysis: Select Energy | NYSE

Water Management, Chemical Technologies, Fluid Hauling, Pipeline Infrastructure

Total Rating 63

Safety 72

Buy Signal 0.54

Oil & Gas Equipment & Services
Industry Rotation: -13.3

Market Cap: 2.85B
Avg Turnover: 37.6M

Risk 3d forecast

Volatility42.9%

VaR 5^th Pctl7.24%

VaR vs Median2.60%

Reward TTM

Sharpe Ratio1.58

Rel. Str. IBD91.8

Rel. Str. Peer Group93.9

Character TTM

Beta1.753

Beta Downside1.903

Hurst Exponent0.445

Drawdowns 3y

Max DD50.66%

CAGR/Max DD0.80

CAGR/Mean DD2.80

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

Below Avwap Earnings

Tailwinds

Rs Leader

Idiosyncratic Leader

Seasonality 9.4 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 -6.3% 56

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 solutions to the U.S. energy industry, operating across three segments: Water Infrastructure, Water Services, and Chemical Technologies. The Water Infrastructure segment handles water recycling, gathering, transfer, and disposal through permanent pipeline networks, treatment and storage facilities, and solid waste disposal sites. The Water Services segment delivers a broad range of on-site and technology-enabled services, including water sourcing, transfer, flowback and well testing, fluid hauling, hydrographic mapping, leak detection, and remote monitoring. The Chemical Technologies segment supplies specialty chemicals and technical services for hydraulic fracturing, cementing, well completions, production chemical applications, and flow assurance, supported by in-house manufacturing, logistics, and laboratory capabilities.

The company serves oil and gas producers and has been publicly traded since its 2017 IPO, with a current mid-cap market capitalization of approximately $2.88 billion USD. Originally founded in 2008 as Select Energy Services, Inc., it rebranded to Select Water Solutions, Inc. in May 2023, reflecting its strategic focus on water-related services. WTTR operates within the GICS Oil & Gas Equipment & Services sub-industry, a sector that supports upstream E&P activity by providing essential infrastructure, fluid handling, and chemical solutions tied to drilling, completions, and production operations.

Headlines to Watch Out For

Permian water infrastructure expansion drives recurring revenue
U.S. completion activity and frac spreads boost water services demand
Chemical Technologies margins expand on production chemical volumes
E&P operator capex budgets pressured by softer oil prices
Produced water recycling regulations favor infrastructure segment

Piotroski VR-10 (Strict) 6.0

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 (112.5m) vs 12m ago -4.43% < -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 October 13, 2026, the stock is trading at USD 19.32 with a total of 821,816 shares traded. Over the past week, the price has changed by -3.69%, over one month by -3.64%, over three months by -0.84% and over the past year by +95.06%.

Current recommended Stop Loss: 18.10 (which is 6.3% or 1.5 ATR below the current price).

Is WTTR a buy, sell or hold?

Select Energy has received a consensus analysts rating of 4.57. Therefore, it is recommended to buy WTTR.

StrongBuy: 4
Buy: 3
Hold: 0
Sell: 0
StrongSell: 0

What are the forecasts/targets for the WTTR price?

Analysts Target Price	24.6	27.2%

Select Energy (WTTR) - Fundamental Data Overview as of 08 October 2026

Market Cap USD = 2.85b (2.85b USD * 1.0 USD.USD)
P/E Trailing = 71.3929
P/E Forward = 23.5294
P/S = 1.9946
P/B = 2.3703
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 = 3.14b USD (2.85b + Debt 323.7m - CCE 33.4m)
Interest Coverage Ratio = 1.88 (Ebit TTM 44.3m / Interest Expense TTM 23.6m)
EV/FCF = -38.34x (Enterprise Value 3.14b / FCF TTM -82.0m)
FCF Yield = -2.61% (FCF TTM -82.0m / Enterprise Value 3.14b)
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 = 1.76 (Enterprise Value 3.14b / 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 = 11.49% (E(2.85b)/V(3.18b) * Re(12.15%) + D(323.7m)/V(3.18b) * Rd(7.29%) * (1-Tc(0.22)))
Discount Rate = 12.15% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 2.62 | Cagr: 4.75%
[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=+0.00% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=0.53 | Chg30d=-2.05% | Revisions=+17% | GrowthEPS=+15.6% | GrowthRev=+9.8%
EPS next Year (2027-12-31): EPS=0.56 | Chg30d=-16.58% | Revisions=+17% | GrowthEPS=+6.7% | GrowthRev=+9.3%
[Analyst] Revisions Ratio: +18% (up=5, down=3)