Select Energy Services gains on earnings beat

Select Water Solutions

02/11/2022 16:29

** Select Energy Services Inc's shares  WTTR.N  up 3.7% at
$9.56
    ** Co reported third-quarter earnings of 22 cents per share,
beating average analysts' estimate of 16 cents  urn:newsml:reuters.com:*:nPn9Y9GHGa
    ** Quarterly revenue of $375 mln also beat analysts'
estimate of $356 mln
    ** WTTR acquires Breakwater Energy Partners, a provider of
contracted water recycling and infrastructure solutions focused
on the Permian Basin 
    ** WTTR also acquires Bakken Shale water-gathering pipeline
and disposal assets from Cypress Environmental Services
    ** Company's shares up 53.5$ YTD
 (Reporting by Arshreet Singh in Bengaluru)
 ((Arshreet.Singh@thomsonreuters.com))