Tetra Technologies Q4 revenue rises

Tetra Technologies

25/02/2026 22:16

Overview

Energy services firm's Q4 revenue rose 9%, beating analyst expectations

Adjusted EPS for Q4 met analyst expectations

Company completed phase 1 of Arkansas bromine project on time and under budget

Outlook

Tetra expects modest revenue growth in 2026 driven by electrolyte business and Argentina contracts

Company anticipates Completion Fluids & Products EBITDA margins of 25%-30% in 2026

Water & Flowback Services EBITDA margins expected to improve to mid-teens in 2026

Result Drivers

COMPLETION FLUIDS & PRODUCTS - Segment led with record revenue and Adjusted EBITDA, supported by industrial chemicals and deepwater fluids market

WATER & FLOWBACK SERVICES - Stable revenue despite U.S. frac activity decline, aided by market share gains and cost reductions

Company press release: ID:nPn6JjzTna

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$146.68 mln
$140.98 mln (5 Analysts)
Q4 Adjusted EPS
Meet
$0.02
$0.02 (3 Analysts)
Q4 Adjusted EBITDA
$20.4 mln
Q4 Adjusted Free Cash Flow
$3.07 mln
Q4 Gross Profit
$28.43 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "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 Tetra Technologies Inc is $11.50, about 3.2% above its February 25 closing price of $11.14

The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 25 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)