Select Water Solutions (WTTR) Scheduled to Post Earnings on Tuesday

Select Water Solutions (NYSE:WTTRGet Free Report) is scheduled to be announcing its earnings results after the market closes on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Select Water Solutions Stock Up 2.2 %

WTTR stock opened at $7.71 on Tuesday. The company has a market cap of $925.66 million, a price-to-earnings ratio of 14.54 and a beta of 1.67. The business has a fifty day simple moving average of $7.43 and a 200-day simple moving average of $7.68. Select Water Solutions has a 52 week low of $5.51 and a 52 week high of $9.06.

Select Water Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 20th. Shareholders of record on Wednesday, February 7th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Tuesday, February 6th. This represents a $0.24 annualized dividend and a yield of 3.11%. Select Water Solutions’s dividend payout ratio is presently 45.28%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Millennium Management LLC increased its position in shares of Select Water Solutions by 159.2% in the fourth quarter. Millennium Management LLC now owns 1,476,958 shares of the company’s stock worth $13,647,000 after acquiring an additional 907,208 shares in the last quarter. Cannell Capital LLC boosted its position in Select Water Solutions by 42.8% during the 1st quarter. Cannell Capital LLC now owns 2,948,758 shares of the company’s stock worth $25,271,000 after purchasing an additional 884,022 shares during the period. Punch & Associates Investment Management Inc. increased its holdings in Select Water Solutions by 51.1% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 2,224,417 shares of the company’s stock valued at $15,482,000 after purchasing an additional 752,128 shares in the last quarter. BlackRock Inc. raised its position in Select Water Solutions by 12.0% in the first quarter. BlackRock Inc. now owns 6,940,474 shares of the company’s stock valued at $48,306,000 after purchasing an additional 744,647 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in Select Water Solutions by 18.8% in the first quarter. Dimensional Fund Advisors LP now owns 4,333,273 shares of the company’s stock valued at $30,158,000 after purchasing an additional 686,787 shares during the period. Hedge funds and other institutional investors own 60.93% of the company’s stock.

Select Water Solutions Company Profile

(Get Free Report)

Select Water Solutions, Inc, an oilfield services company, provides water management and chemical solutions to the onshore oil and gas industry in the United States. The company operates through three segments: Water Services, Water Infrastructure, and Oilfield Chemicals. The Water Services segment provides water-related services, including water transfer, flow back and well testing, water containment, fluids hauling, water monitoring, and water network automation; technology solutions comprising hydrographic mapping, water volume and quality monitoring, remote pit and tank monitoring, leak detection, asset and fuel tracking, and automated-equipment services, as well as various on-site rental equipment and workforce accommodation services.

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Earnings History for Select Water Solutions (NYSE:WTTR)

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