Select Water Solutions (NYSE:WTTR) Reaches New 1-Year High – Here’s What Happened

Shares of Select Water Solutions, Inc. (NYSE:WTTR) reached a new 52-week high on Thursday . The company traded as high as $22.55 and last traded at $22.2020, with a volume of 6973475 shares trading hands. The stock had previously closed at $18.50.

Key Headlines Impacting Select Water Solutions

Here are the key news stories impacting Select Water Solutions this week:

• Positive Sentiment: Q2 earnings and revenue exceeded expectations. Select reported earnings of $0.17 per share, up from $0.10 a year earlier and above analyst estimates of approximately $0.11–$0.13. Revenue reached $395.8 million, exceeding the $373.3 million consensus estimate and increasing 8.7% year over year. Select Water Solutions Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Growth accelerated across key operating segments. Water Infrastructure revenue reached a record $102 million, up 26% year over year, while Chemical Technologies revenue set a record of $96 million, up 23% sequentially. Consolidated revenue increased $30 million, or 8%, from the first quarter, while net income rose $13 million and Adjusted EBITDA improved by $15 million. Select Water Solutions Announces Second Quarter 2026 Updates
• Positive Sentiment: New Delaware Basin agreement supports future revenue visibility. Select signed a definitive agreement with a large public operator involving 14 saltwater disposal wells and a new pipeline project backed by a 128-million-barrel minimum volume commitment. The commitment could provide a more predictable base of activity in the Northern Delaware Basin. Select Water Solutions Reaches New High After Profit Nearly Doubles
• Neutral Sentiment: WTTR’s rally has lifted the shares close to their 52-week high, while the stock’s elevated price-to-earnings ratio indicates investors are already assigning substantial value to continued earnings growth. Future performance may depend on whether the company can sustain its recent margin and revenue improvements.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Wall Street Zen upgraded Select Water Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. Bank of America started coverage on shares of Select Water Solutions in a research note on Friday, May 29th. They issued a “buy” rating and a $22.00 target price for the company. Weiss Ratings restated a “hold (c)” rating on shares of Select Water Solutions in a report on Monday, July 6th. Raymond James Financial restated a “strong-buy” rating and set a $24.00 target price on shares of Select Water Solutions in a report on Thursday, May 7th. Finally, Northland Securities set a $21.00 price target on shares of Select Water Solutions in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $22.40.

Select Water Solutions Trading Up 20.0%

The business has a 50-day simple moving average of $18.98 and a two-hundred day simple moving average of $16.31. The stock has a market cap of $3.07 billion, a price-to-earnings ratio of 79.29 and a beta of 0.99. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.92 and a quick ratio of 1.76.

Select Water Solutions (NYSE:WTTR) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.04. Select Water Solutions had a return on equity of 3.22% and a net margin of 2.24%.The firm had revenue of $395.81 million for the quarter, compared to analyst estimates of $373.33 million. During the same quarter in the prior year, the company earned $0.10 earnings per share. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. Equities analysts forecast that Select Water Solutions, Inc. will post 0.46 EPS for the current fiscal year.

Select Water Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Friday, August 7th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, August 7th. Select Water Solutions’s dividend payout ratio is 100.00%.

Insiders Place Their Bets

In other Select Water Solutions news, Director Richard Alan Burnett sold 45,316 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $18.74, for a total transaction of $849,221.84. Following the completion of the sale, the director owned 71,578 shares of the company’s stock, valued at $1,341,371.72. This trade represents a 38.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Brian Szymanski sold 20,000 shares of Select Water Solutions stock in a transaction on Monday, May 11th. The stock was sold at an average price of $17.04, for a total transaction of $340,800.00. Following the transaction, the chief accounting officer directly owned 114,752 shares of the company’s stock, valued at approximately $1,955,374.08. This trade represents a 14.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 222,010 shares of company stock worth $3,925,971 in the last quarter. Insiders own 6.20% of the company’s stock.

Institutional Trading of Select Water Solutions

Several hedge funds and other institutional investors have recently modified their holdings of WTTR. Wilmington Savings Fund Society FSB acquired a new position in Select Water Solutions in the 3rd quarter valued at about $29,000. Osaic Holdings Inc. raised its holdings in Select Water Solutions by 59.9% in the 2nd quarter. Osaic Holdings Inc. now owns 4,883 shares of the company’s stock valued at $42,000 after acquiring an additional 1,830 shares during the period. CIBC Private Wealth Group LLC raised its holdings in Select Water Solutions by 2,704.0% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 5,608 shares of the company’s stock valued at $60,000 after acquiring an additional 5,408 shares during the period. Jones Financial Companies Lllp lifted its position in Select Water Solutions by 5,584.0% during the first quarter. Jones Financial Companies Lllp now owns 7,105 shares of the company’s stock worth $75,000 after acquiring an additional 6,980 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in Select Water Solutions by 190.5% during the second quarter. Tower Research Capital LLC TRC now owns 8,916 shares of the company’s stock worth $77,000 after acquiring an additional 5,847 shares during the last quarter. Institutional investors own 81.73% of the company’s stock.

About Select Water Solutions

Select Water Solutions, Inc, headquartered in Houston, Texas, is a water management services provider primarily serving the oil and gas industry. Formerly operating under the name Select Energy Services, the company rebranded to reflect its core focus on water treatment, recycling and disposal. Since its inception in 2016, Select Water Solutions has expanded to key U.S. basins—including the Permian, Eagle Ford, Marcellus and DJ Basin—and maintains strategic operations in select international regions.

The company’s offerings span the full water lifecycle, from produced water gathering and transportation to advanced treatment and beneficial reuse.