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Select Water Solutions (WTTR) Exceeds Estimates in Q1 Report

by FeeOnlyNews.com
5 months ago
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Select Water Solutions (WTTR) Exceeds Estimates in Q1 Report
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Select Water Solutions, Inc. (NYSE:WTTR) is included among the 10 Best Energy Stocks to Buy Under $20 According to Billionaires.

Select Water Solutions (WTTR) Exceeds Estimates in Q1 Report

Select Water Solutions, Inc. (NYSE:WTTR) is a leader in water management and chemical technology to customers in the oil and gas industry, as well as in other industrial applications.

Select Water Solutions, Inc. (NYSE:WTTR) reported strong results for Q1 2026 on May 5, with the company exceeding expectations across all parts of its business. The firm’s adjusted EPS of $0.17 comfortably topped estimates by $0.11, while its revenue of $366 million also beat forecasts by over $21 million.

Select Water Solutions, Inc. (NYSE:WTTR) increased its net income by $11 million and improved adjusted EBITDA by $13 million sequentially in the first quarter. Moreover, the company’s Water Infrastructure business generated a record quarterly revenue of $97 million during the quarter, indicating a sequential increase of 19%.

Supported by this strong outperformance and with additional projects coming online over the course of the year, Select Water Solutions, Inc. (NYSE:WTTR) increased its full-year 2026 growth target for the Water Infrastructure segment to 25% to 30% YoY, up from the 20% to 25% previously. The company expects an adjusted EBITDA of $77 million to $80 million in the second quarter, compared to $77.6 million in Q1.

While we acknowledge the potential of WTTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Best Electrical Infrastructure Stocks to Buy According to Hedge Funds and 10 Best Fortune 500 Stocks to Buy According to Analysts

Disclosure: None. Follow Insider Monkey on Google News.



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