Select Water Solutions Q4 revenue beats analyst expectations

Select Water Solutions

17/02/2026 21:24

Overview

Water infrastructure firm's Q4 revenue rose, beating analyst expectations

Adjusted EBITDA for Q4 beat analyst expectations

Outlook

Select Water Solutions expects Water Infrastructure revenue to grow 20% to 25% in 2026

Company anticipates first-quarter Adjusted EBITDA of $65 – $68 mln

Select targets net capital expenditures of $175 – $225 mln for full year 2026

Result Drivers

WATER INFRASTRUCTURE EXPANSION - New long-term contracts and infrastructure projects in Northern Delaware Basin drove growth

TEMPORARY WATER TRANSFER UPLIFT - 77% increase in temporary water transfer service revenues in New Mexico supported Q4 performance

CHEMICAL TECHNOLOGIES RECORD - Chemical Technologies segment achieved record quarterly revenues, up 19% year-over-year

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$346.50 mln
$319.99 mln (5 Analysts)
Q4 Net Income
-$2.10 mln
Q4 Adjusted EBITDA
Beat
$64.20 mln
$60.87 mln (7 Analysts)
Q4 Gross Margin
13.10%
Q4 Adjusted Gross Margin
27.90%
Q4 Gross Profit
$45.30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil related services and equipment peer group is "buy"

Wall Street's median 12-month price target for Select Water Solutions Inc is $15.50, about 20.9% above its February 13 closing price of $12.82

The stock recently traded at 59 times the next 12-month earnings vs. a P/E of 25 three months ago

Press Release: ID:nPn3ZksPMa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)