TETRA Technologies

TETRA Technologies, Inc. is a geographically diversified oil and gas services company, which engages in the completion of fluids and associated products and services. It operates through the following segments: Completion Fluids and Products, and Water and Flowback Services. The Completion Fluids and Products division manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry. The Water and Flowback Services division provides onshore oil and gas operators with comprehensive water management services. The company was founded in 1981 and is headquartered in The Woodlands, TX.

Earnings data Q1 2021

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

TETRA Technologies reports strong Q4 performance amidst market uncertainties

TETRA Technologies delivered a robust performance in Q4 2022, with strong revenue growth and improved liquidity.
While facing economic uncertainties, the company's strategic investments and market position remain key strengths.
Challenges include the need for clearer guidance and addressing concerns about margin breakdowns and asset flexibility.
Opportunities lie in expanding the water and flowback business, exploring international markets, and scaling projects in the produce water initiative.

TETRA Technologies (TTI) reports strong Q1 results and outlines growth strategies

TETRA Technologies (TTI) delivered solid Q1 results, focusing on margin enhancement, market opportunities, and low carbon energy initiatives. The company's financial strength, growth strategies, and future plans position it well for continued success and expansion.

TETRA Technologies (TTI) reports record Q2 results and explores new markets

TETRA Technologies showcased strong financial performance and operational excellence in Q2 2023, driven by robust segment growth and strategic investments.
While facing challenges related to project diversification and margin sustainability, TETRA's focus on innovation and market expansion presents promising opportunities for future growth.
Overall, TETRA's Q2 earnings call highlights a resilient company navigating market complexities with a strategic vision for sustainable growth and diversification.

TETRA Technologies reports stellar Q3 results and eyes strategic growth

TETRA Technologies (TTI) showcased impressive financial growth in Q3, with a focus on expanding its presence in bromine and lithium extraction projects. Management expressed satisfaction with current business performance and outlined plans to optimize cash flow for strategic investments.

TETRA Technologies (TTI) achieves record financial performance in Q4 2023

TETRA Technologies had a stellar Q4 2023, setting new financial records and positioning itself for continued growth. With a focus on key projects and partnerships, the company aims to capitalize on growth opportunities in various segments while addressing challenges in the market.

TETRA Technologies reports Q1 growth, eyes margin expansion and projects

TETRA Technologies (TTI) showed overall growth in Q1 2024, with strong performance in Completion Fluids & Products.
Challenges include revenue decline in Water & Flowback Services segment, offset by margin recovery efforts.
Strategic initiatives progressing well, with opportunities for expansion in beneficial reuse projects and desalination projects.
Expectations for a strong second quarter, margin expansion, and growth in deepwater markets.

TETRA Technologies reports robust Q2 performance and strategic growth plans

TETRA Technologies demonstrated strong Q2 performance with revenue and EBITDA growth, strategic project wins, and margin improvement in key segments.
While facing challenges such as foreign exchange impacts and ongoing investments, the company maintains a solid financial position and optimistic outlook for growth.
Opportunities lie in international market expansion, innovation in key projects, and strategic partnerships to drive future success and profitability.

TETRA Technologies (TTI) meets Q3 expectations, poised for growth

TETRA Technologies (TTI) demonstrated resilience in meeting earnings expectations amidst revenue challenges, with a focus on operational efficiency and innovation.
The company's strategic wins in Q3 and ongoing initiatives position it for growth in 2025, supported by a stable financial foundation.
While facing revenue declines and analyst inquiries, TETRA's commitment to strategic investments and operational improvements signals a proactive approach to future opportunities.

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TETRA Technologies, Inc. is an energy services and solutions company, which focuses on developing environmentally conscious services and solutions that help make people’s lives better. It operates through the Completion Fluids and Products Division and Water and Flowback Services Division segments. The Completion Fluids and Products Division segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry. The Water and Flowback Services Division segment offers onshore oil and gas operators with comprehensive water management services. The company was founded in 1981 and is headquartered in The Woodlands, TX.

THE WOODLANDS, Texas , Dec. 16, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced the commercial launch of TETRA Oasis TDS, an end-to-end water treatment and desalination technology for beneficial re-use and mineral extraction applications for oil and gas well produced water.  TETRA also recently completed a commercial pilot project for the desalination of Delaware Basin produced water for a major North America oil and gas operator.

TETRA TECHNOLOGIES, INC. INTRODUCES TETRA OASIS TOTAL DESALINATION SOLUTION (TETRA OASIS TDS) AND RESULTS FROM PERMIAN BASIN BENEFICIAL RE-USE PILOT

THE WOODLANDS, Texas , Dec. 3, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced that its senior management will participate at the 2024 Wells Fargo 23rd Annual Midstream, Energy and Utilities Symposium in New York on Tuesday, December 10, 2024.    Brady Murphy, Chief Executive Officer, and Elijio Serrano, Chief Financial Officer will be hosting one-on-one meetings from 8:00 A.M.

TETRA TECHNOLOGIES, INC. TO PARTICIPATE IN THE 2024 WELLS FARGO 23RD ANNUAL MIDSTREAM, ENERGY AND UTILITIES SYMPOSIUM

TETRA Technologies, Inc. (NYSE:TTI ) Q3 2024 Earnings Conference Call October 30, 2024 10:30 AM ET Company Participants Julian Higuera - Director-FP&A and Investor Relations Brady Murphy - President and Chief Executive Officer Elijio Serrano - Senior Vice President and Chief Financial Officer Conference Call Participants Stephen Gengaro - Stifel Kurt Hallead - Benchmark Martin Malloy - Johnson Rice Bobby Brooks - Northland Capital Markets Josh Jayne - Daniel Energy Partners Jesse Sobelson - EF Houghton Dan Weston - WestCap Management Operator Good morning and welcome to TETRA Technologies' Third Quarter 2024 Results Conference Call. All participants will be in a listen-only mode.

TETRA Technologies, Inc. (TTI) Q3 2024 Earnings Call Transcript

Tetra Technologies (TTI) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.07 per share a year ago.

Tetra Technologies (TTI) Q3 Earnings Meet Estimates

Third-quarter revenue of $142 million GAAP income before taxes and discontinued operations of $7.6 million and EPS from continuing operations of $0.02 Adjusted EBITDA of $23.5 million and adjusted net income per share of $0.03 Net cash provided by operating activities of $19.9 million, total adjusted free cash flow of $7.4 million, base business adjusted free cash flow(1) of $16.0 million THE WOODLANDS, Texas , Oct. 29, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced third-quarter 2024 financial results and an increasing deepwater backlog following the award of a deepwater project in Brazil. Brady Murphy, TETRA President and Chief Executive Officer, stated, "Despite challenging third quarter headwinds with three Gulf of Mexico hurricanes and weaker U.S. onshore activity, cash provided by operating activities of $19.9 million and Adjusted EBITDA of $23.5 million came in consistent with our expectations.

TETRA TECHNOLOGIES, INC. ANNOUNCES BRAZIL DEEPWATER COMPLETION FLUIDS AWARD AND THIRD QUARTER 2024 FINANCIAL RESULTS

Tetra Technologies offers a contrarian investment opportunity against the prevailing low oil price outlook advocated by the IEA and EIA, since it provides increasingly crucial oilfield services. TTI's primary exposure is to the US shale industry & offshore oil production around the world, which is expected to increase drilling activities due to global oil supply shortfalls. As prime shale acreage depletes, intensified drilling in second-tier areas just to maintain production volumes will boost demand for TTI's services, enhancing its investment appeal.

Tetra Technologies Is Worth A Nibble After Significant Selloff YTD

Tetra Technologies (TTI) 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.

Analysts Estimate Tetra Technologies (TTI) to Report a Decline in Earnings: What to Look Out for

THE WOODLANDS, Texas , Oct. 10, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced that its senior management will participate at The MicroCap Rodeo Fall Conference in New York on Wednesday, October 16, 2024.    Brady Murphy, Chief Executive Officer, and Elijio Serrano, Chief Financial Officer will be presenting at 2:30 P.M.

TETRA TECHNOLOGIES, INC. TO PARTICIPATE IN THE MICROCAP RODEO FALL CONFERENCE

THE WOODLANDS, Texas , Oct. 10, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced today that it will release third quarter results after the closing of the market on Tuesday, October 29, 2024. On October 30, 2024, TETRA will host a conference call at 10:30 a.m.

TETRA TECHNOLOGIES, INC. ANNOUNCES THIRD QUARTER EARNINGS RELEASE CONFERENCE CALL AND WEBCAST

On September 30, 2024, Neuberger Berman Group LLC, a prominent investment management firm, expanded its portfolio by acquiring an additional 575,097 shares of Tetra Technologies Inc (TTI, Financial). This transaction increased the firm's total holdings in TTI to 8,393,900 shares, reflecting a significant commitment to the oil and gas services company.

Neuberger Berman Group LLC's Strategic Acquisition in Tetra Technologies Inc

24/7 Wall St. Insights Where should investors seeking opportunities in the oil and gas industry be looking now?

Prediction: This Oil Stock Will Be the Best Performer the Rest of 2024

Investors need to pay close attention to TETRA Technologies (TTI) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in TETRA Technologies (TTI) Stock?

THE WOODLANDS, Texas , Aug. 7, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) today released on its investor relations website an S-K 1300 Bromine Definitive Feasibility Study ("DFS") containing positive results including certain financial information on the development of TETRA's Arkansas bromine assets in the Evergreen Unit based on engineering studies, reservoir analysis, certain cost and revenue assumptions, plus quotes received on major components received or completed to date.  The Technical Report Summary ("TRS") was prepared to update the previously reported resources presented by RESPEC Company, LLC ("RESPEC") and incorporates the results of the definitive feasibility study, including bromine reserve determinations.

TETRA TECHNOLOGIES, INC. ANNOUNCES COMPLETION OF DEFINITIVE FEASIBILITY STUDY FOR THE ARKANSAS BROMINE PROJECT AND UPGRADE OF PREVIOUSLY ANNOUNCED BROMINE RESOURCES TO RESERVES

TETRA Technologies, Inc. (NYSE:TTI ) Q2 2024 Earnings Conference Call August 1, 2024 10:30 AM ET Company Participants Julian Higuera - Director of FP&A and Investor Relations Brady Murphy - CEO Elijio Serrano - CFO Conference Call Participants Bobby Brooks - Northland Capital Markets Josh Jayne - Daniel Energy Partners Kurt Hallead - Benchmark Patrick Ouellette - Stifel Operator Good morning, and welcome to TETRA Technologies' Second Quarter 2024 Results Conference Call. [Operator Instructions] Please note that this event is being recorded.

TETRA Technologies, Inc. (TTI) Q2 2024 Earnings Call Transcript

Tetra Technologies (TTI) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.13 per share a year ago.

Tetra Technologies (TTI) Q2 Earnings and Revenues Miss Estimates

Secured a three-well deepwater TETRA CS Neptune fluids project in the Gulf of Mexico with a super major operator that is scheduled to begin late in the fourth quarter of 2024. Second quarter revenue of $172 million increased 14% sequentially.

TETRA TECHNOLOGIES, INC. SECURES THREE WELL TETRA CS NEPTUNE FLUIDS DEEPWATER GULF OF MEXICO PROJECT AND ANNOUNCES SECOND QUARTER 2024 FINANCIAL RESULTS

THE WOODLANDS, Texas , July 11, 2024 /PRNewswire/ --TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced today that it will release second quarter results after the closing of the market on Wednesday, July 31, 2024. On August 1, 2024, TETRA will host a conference call at 10:30 a.m.

TETRA TECHNOLOGIES, INC. ANNOUNCES SECOND QUARTER EARNINGS RELEASE CONFERENCE CALL AND WEBCAST

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Black Gold Bargains: 7 Discounted Oil Stocks Ready for a Comeback

Tetra Technologies has grossly underperformed its peers over the past nine months, but we believe there could be some merit in looking at the shares now. A thrust towards automation, reduced G&A, a pickup in Water and Flowback services, and a transition to high-margin avenues bode well for the company's operational outlook. Given the medium-term EBITDA and EPS outlook on the cards, the forward valuations look incredibly cheap.

Tetra Technologies: A Good Opportunity To Get On Board

THE WOODLANDS, Texas , June 19, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced that its senior management will participate at the Virtual Northland Growth Conference on Tuesday, June 25, 2024. Elijio Serrano, Chief Financial Officer and Julian Higuera, Director of Investor Relations will be hosting virtual one-on-one meetings.

TETRA TECHNOLOGIES, INC. TO PARTICIPATE IN THE VIRTUAL NORTHLAND GROWTH CONFERENCE

THE WOODLANDS, Texas , May 31, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced that its senior management will participate at the Stifel 2024 Cross Sector Insight Conference in Boston on Tuesday, June 4, 2024 from 3:35 to 4:05 P.M. (ET).  Brady Murphy, Chief Executive Officer, and Elijio Serrano, Chief Financial Officer will be presenting.

TETRA TECHNOLOGIES, INC. TO PARTICIPATE IN THE STIFEL 2024 CROSS SECTOR INSIGHT CONFERENCE

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Bargain Hunting: 3 Stocks to Scoop Up During the Dip in May

THE WOODLANDS, Texas , May 8, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced that its senior management will participate at the EF Hutton Annual Global Conference in New York on Wednesday, May 15, 2024.    Brady Murphy, Chief Executive Officer, and Elijio Serrano, Chief Financial Officer will be hosting one-on-one meetings on May 15 from 8:30 A.M.

TETRA TECHNOLOGIES, INC. TO PARTICIPATE IN THE EF HUTTON - ANNUAL GLOBAL CONFERENCE

TETRA Technologies, Inc. (NYSE:TTI ) Q1 2024 Earnings Conference Call May 1, 2024 10:30 AM ET Company Participants Brady Murphy - Chief Executive Officer Elijio Serrano - Chief Financial Officer Conference Call Participants Martin Malloy - Johnson Rice Kurt Hallead - Benchmark Josh Jayne - Daniel Energy Partners Patrick Ouellette - Stifel Bobby Brooks - Northland Capital Markets Tim Moore - EF Hutton Stephen Gengaro - Stifel Operator Good morning, and welcome to TETRA Technologies' First Quarter 2024 Results Conference Call. All participants will be in listen-only mode.

TETRA Technologies, Inc. (TTI) Q1 2024 Earnings Call Transcript

Tetra Technologies (TTI) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.03 per share a year ago.

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