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.

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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.

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Tetra Technologies (TTI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Tetra Technologies (TTI) Run Higher on Rising Earnings Estimates?

Does Tetra Technologies (TTI) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Tetra Technologies (TTI) a Strong Momentum Stock: Buy Now?

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THE WOODLANDS, Texas , Aug. 2, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced that it will be hosted by Kurt Hallead from The Benchmark Company at 11:00 a.m. Central Time on Friday, August 4, 2023 for a TETRA overview and update.

THE BENCHMARK COMPANY TO HOST AN EXECUTIVE Q&A SESSION WITH TETRA TECHNOLOGIES, INC.

TETRA Technologies, Inc. (NYSE:TTI ) Q2 2023 Earnings Conference Call August 1, 2023 10:30 AM ET Company Participants Rigo Gonzalez - Corporate Finance & IR Manager Brady Murphy - President, CEO & Director Elijio Serrano - SVP & CFO Conference Call Participants Martin Malloy - Johnson Rice & Company Stephen Gengaro - Stifel, Nicolaus & Company Operator Good morning, and welcome to TETRA Technologies Second Quarter 2023 Results Conference Call. [Operator Instructions] I would now like to turn the conference over to Rigo Gonzalez, Manager of Corporate Finance and Investor Relations.

TETRA Technologies, Inc. (TTI) Q2 2023 Earnings Call Transcript

Tetra Technologies (TTI) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.05 per share a year ago.

Tetra Technologies (TTI) Q2 Earnings and Revenues Beat Estimates

Second quarter revenue is a record high for the Company, excluding discontinued operations, and increased 25% year-over-year. Net income improved 9 times, or by $16.4 million, year-over-year.

TETRA TECHNOLOGIES, INC. ANNOUNCES STRONG SECOND QUARTER 2023 RESULTS WITH REVENUE OF $175.5 MILLION, GAAP EPS OF $0.14, GAAP NET INCOME OF $18.2 MILLION AND ADJUSTED EBITDA OF $36.0 MILLION

THE WOODLANDS, Texas , July 14, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced today that it will release second quarter 2023 results after the closing of the market on Monday, July 31, 2023. On August 1, 2023, TETRA will host a conference call at 10:30 a.m.

TETRA TECHNOLOGIES, INC. ANNOUNCES SECOND QUARTER 2023 EARNINGS RELEASE CONFERENCE CALL AND WEBCAST

I estimate TTI's FY2023 revenue to be $640 million and arrive at a fair value price estimate of $3.27. In consideration of TETRA Technologies' Bromine-Lithium assets, the current $160 million of long-term debt overhang will be creating funding challenges to future projects. I rate the stock a Hold and suggest readers continue following the company's near-term developments.

TETRA Technologies: Waiting For A Better Price

THE WOODLANDS, Texas , July 5, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced today that as a result of strong performance by the Company's industrial calcium chloride business, strong offshore completion fluids activity and improved Water and Flowback Services margins, net income before taxes and discontinued operations and Adjusted EBITDA are expected be above the guidance range previously provided for the second quarter. TETRA had previously anticipated in the second quarter net income before taxes and discontinued operations to be between $11.5 million and $13.5 million.

TETRA TECHNOLOGIES, INC. EXPECTS SECOND QUARTER NET INCOME BEFORE TAXES AND DISCONTINUED OPERATIONS AND ADJUSTED EBITDA TO BE ABOVE THE PREVIOUS GUIDANCE AND COMMENCES LITHIUM FEED STUDY ON ARKANSAS BRINE LEASES

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Exxon Mobil has agreed to develop more than 6,100 lithium-rich acres in Arkansas with Tetra Technologies Inc , the second move this year by the oil giant for control of assets needed to produce the electric vehicle battery metal.

Exclusive: Exxon Mobil expands lithium bet with Tetra Technologies deal

THE WOODLANDS, Texas , June 26, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced that it has entered into a Memorandum of Understanding ("MOU") with Saltwerx LLC ("Saltwerx"), an indirect wholly owned subsidiary of a Fortune 500 company, whereby they will pool certain of their respective brine mineral rights in Arkansas' Smackover Formation, in support of an application for an approximately 6,000 acre Brine Production Unit ("Brine Unit") with the Arkansas Oil & Gas Commission ("AOGC") and potential bromine and lithium extraction from the brine produced from such Brine Unit. Contingent on Brine Unit approval by the AOGC, TETRA and Saltwerx have agreed to collaborate in key areas, including upstream design and development to optimize long-term brine production, technology development for lithium extraction, and associated engineering studies required to develop the proposed Brine Unit.

TETRA TECHNOLOGIES, INC. AND SALTWERX, LLC ENTER INTO A MEMORANDUM OF UNDERSTANDING REGARDING A PROPOSED BRINE PRODUCTION UNIT IN THE SMACKOVER FORMATION

THE WOODLANDS, Texas , May 30, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced that its senior management will be presenting at two upcoming investor conferences. On June 7, 2023 TETRA will be presenting at the Stifel 2023 Cross Sector Insight Conference in Boston from 2:25 to 2:55 P.M.

TETRA TECHNOLOGIES, INC. ANNOUNCES PARTICIPATION IN UPCOMING INVESTOR CONFERENCES

Tetra Technologies, Inc. (NYSE:TTI ) Q1 2023 Earnings Conference Call May 2, 2023 10:30 AM ET Company Participants Rigo Gonzalez - Corporate Finance & IR Manager Elijio Serrano - SVP & CFO Brady Murphy - President, CEO & Director Conference Call Participants Martin Malloy - Johnson Rice & Company Timothy Moore - EF Hutton Stephen Gengaro - Stifel, Nicolaus & Company Kay Hoh - Evercore ISI Operator Good morning, and welcome to TETRA Technologies First Quarter 2023 Results Conference Call. [Operator Instructions].

Tetra Technologies, Inc. (TTI) Q1 2023 Earnings Call Transcript

Tetra Technologies (TTI) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.06 per share a year ago.

Tetra Technologies (TTI) Q1 Earnings and Revenues Miss Estimates

THE WOODLANDS, Texas , May 1, 2023 /PRNewswire/ --TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced first-quarter 2023 financial results. Brady Murphy, TETRA President and Chief Executive Officer, stated, "First quarter results came in as expected representing a solid start to 2023 and setting the foundation for a very strong second quarter.

TETRA TECHNOLOGIES, INC. ANNOUNCES FIRST QUARTER 2023 REVENUE OF $146 MILLION AND EPS OF $0.05 AND PROVIDES SECOND QUARTER GUIDANCE

TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced today that it will release first quarter 2023 results after the closing of the market on Monday, May 1, 2023. On May 2, 2023, TETRA will host a conference call at 10:30 a.m. Eastern Time to discuss the results. Brady M. Murphy, President and CEO, and Elijio V. Serrano, Senior Vice President and CFO, will host the call.

TETRA TECHNOLOGIES, INC. ANNOUNCES FIRST QUARTER 2023 EARNINGS RELEASE CONFERENCE CALL AND WEBCAST

THE WOODLANDS, Texas, March 13, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA") (NYSE:TTI) announced that it will be hosted by Tim Moore from  EF Hutton at 1:00 p.m. Central Time on Tuesday, March 14, 2023 for a TETRA overview and update.

TETRA TECHNOLOGIES, INC. TO BE HOSTED BY EF HUTTON IN A Q&A SESSION

THE WOODLANDS, Texas , March 1, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) announced today that its Board of Directors has adopted a Tax Benefits Preservation Plan (the "Tax Plan") intended to preserve the availability of the Company's existing net operating loss carryforwards ("NOLs") and other tax attributes (collectively, the "Tax Attributes"). As of December 31, 2022, the Company has U.S. federal NOLs of approximately $411 million as well as other Tax Attributes that may be available to reduce the Company's future U.S. federal income tax expense and represent significant value to the Company.

TETRA Technologies, Inc. Adopts Tax Benefits Preservation Plan

TETRA Technologies, Inc. (NYSE:TTI ) Q4 2022 Earnings Conference Call February 28, 2023 10:30 AM ET Company Participants Brady Murphy - CEO Elijio Serrano - CFO Conference Call Participants Stephen Gengaro - Stifel Tim Moore - EF Hutton Martin Malloy - Johnson Rice Samantha Hoh - Evercore ISI Operator Good morning, and welcome to TETRA Technologies Fourth Quarter 2022 Results Conference Call. The speakers for today's call are Brady Murphy, Chief Executive Officer; and Elijio Serrano, Chief Financial Officer.

TETRA Technologies, Inc. (TTI) Q4 2022 Earnings Call Transcript

Tetra Technologies (TTI) delivered earnings and revenue surprises of 0% and 8.90%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Tetra Technologies (TTI) Q4 Earnings Match Estimates

THE WOODLANDS, Texas , Feb. 27, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) today released on its Investor Relations web site an S-K 1300 Section 19 Report that includes certain financial information on the development of TETRA's Arkansas bromine assets based on engineering, cost and revenue assumptions completed to date. Arkansas Bromine Project The Company continues to make progress on assessing its Arkansas inferred bromine resources.

TETRA TECHNOLOGIES, INC. ANNOUNCES BROMINE PROJECT UPDATES AND COMPLETION OF SK-1300 SECTION 19 REPORT

THE WOODLANDS, Texas , Feb. 27, 2023 /PRNewswire/ --TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced fourth quarter and full year 2022 results. Brady Murphy, TETRA's President and Chief Executive Officer, stated, "Fourth quarter results came in stronger than anticipated as we were able to capitalize on multiple opportunities with our global completion fluids network in an increasingly active offshore market.

News for TETRA Technologies Stock (TTI)