Select Energy Services Inc - Class A logo

WTTR

Select Energy Services Inc - Class A

$7.05

Earnings Summary

Revenue
$335.9Mn
Net Profits
$25.01Mn
Net Profit Margins
7.44%

Highlights

Revenue:

Select Energy Services Inc - Class A’s revenue jumped 108.48% since last year same period to $335.9Mn in the Q2 2022. On a quarterly growth basis, Select Energy Services Inc - Class A has generated 13.95% jump in its revenue since last 3-months.

Net Profits:

Select Energy Services Inc - Class A’s net profit jumped 250.94% since last year same period to $25.01Mn in the Q2 2022. On a quarterly growth basis, Select Energy Services Inc - Class A has generated 267.63% jump in its net profits since last 3-months.

Net Profit Margins:

Select Energy Services Inc - Class A’s net profit margin jumped 172.4% since last year same period to 7.44% in the Q2 2022. On a quarterly growth basis, Select Energy Services Inc - Class A has generated 222.61% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Select Energy Services Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
0.05
EPS Estimate Current Year
0.05

Highlights

EPS Estimate Current Quarter:

Select Energy Services Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at 0.05 - a 600% jump from last quarter’s estimates.

EPS Estimate Current Year:

Select Energy Services Inc - Class A’s earning per share (EPS) estimates for the current year stand at 0.05.

Key Ratios

Key ratios of the Select Energy Services Inc - Class A post its Q2 2022 earnings

Return on Assets (ROA)
-0.04
Return on Equity (ROE)
-0.07
Dividend Per Share (DPS)
0

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Select Energy Services Inc - Class A’s return on assets (ROA) stands at -0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Select Energy Services Inc - Class A’s return on equity (ROE) stands at -0.07.

Dividend Per Share (DPS):

Select Energy Services Inc - Class A declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-04
-0.01
0.07
800%

Company Information

Select Energy Services, Inc. ('Select') is a leading provider of total water management and chemical solutions to the unconventional oil and gas industry in the United States. Select provides for the sourcing and transfer of water, both by permanent pipeline and temporary hose, prior to its use in the drilling and completion activities associated with hydraulic fracturing, as well as complementary water-related services that support oil and gas well completion and production activities, including containment, monitoring, treatment and recycling, flowback, hauling, gathering and disposal. Select, under its Rockwater Energy Solutions brand, develops and manufactures a full suite of specialty chemicals used in the well completion process and production chemicals used to enhance performance over the producing life of a well. Select currently provides services to exploration and production companies and oilfield service companies operating in all the major shale and producing basins in the United States.

Organisation
Select Energy Services Inc - Class A
Headquarters
Houston, Texas, US
Employees
2K
Industry
Industrial Services
CEO
Holli Ladhani