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Stock impact report

Northland Downgrades Select Water Solutions (WTTR) [Yahoo! Finance]

Select Energy Services, Inc. Class A (WTTR) 
Last select energy services, inc. class a earnings: 2/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.selectenergyservices.com
Company Research Source: Yahoo! Finance
Northland Downgrades Select Water Solutions (WTTR) Select Water Solutions, Inc. (NYSE:WTTR) is a leader in water management and chemical technology for customers in the oil and gas industry and other industrial applications. Select Water Solutions, Inc. (NYSE:WTTR) posted mixed results for its third quarter on November 4, with its adjusted EPS of $0.04 edging below estimates by $0.01. However, the company's revenue of $322.2 million managed to exceed expectations by more than $16 million, despite falling by over 13% YoY. WTTR's Chemical Technologies segment performed exceptionally well, with revenue and gross profit witnessing YoY growth of 13% and 34% respectively, thanks to the new launches and increased market share. Select Water Solutions, Inc. (NYSE:WTTR) also took a hit on November 13 when Northland downgraded the stock from ‘Outperform' to ‘Market Perform', while giving it a price target of $12. The firm is of the view that WTTR's current valuation is ‘reasonable for sha Show less Read more
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