Oilfield services company Tetra Technologies beats Q3 revenue estimates, raises 2025 revenue guidance

Tetra Technologies

28/10/2025 21:10

Overview

Tetra Technologies Q3 revenue rose 8% yr/yr, beating analyst expectations

Adjusted EPS for Q3 beats consensus, reflecting operational improvements

Outlook

Tetra raises 2025 revenue guidance to $620 mln-$630 mln from $610 mln-$630 mln

Company expects 2025 adjusted EBITDA of $107 mln-$112 ln, up from $100 mln-$110 mln

Tetra anticipates strong demand for battery electrolytes

Result Drivers

OFFSHORE AND INDUSTRIAL STRENGTH - Revenue growth driven by strong performance in offshore and industrial calcium chloride businesses

COMPLETION FLUIDS GROWTH - Completion Fluids & Products revenue increased 39% year-over-year due to Gulf of America and Brazil projects

COST CONTROLS AND TECHNOLOGY - Water & Flowback Services improved EBITDA margins despite revenue decline, aided by cost controls and tech advancements

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$153.23 mln
$143.63 mln (3 Analysts)
Q3 Adjusted EPS
Beat
$0.04
$0.02 (2 Analysts)
Q3 EPS
$0.03
Q3 Adjusted EBITDA
$25.03 mln
Q3 Adjusted Free Cash Flow
-$628,000
Q3 Gross Profit
$36.37 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "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 Tetra Technologies Inc is $7.50, about 3.7% below its October 28 closing price of $7.78

The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nPn9JvKGna

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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.)