Select Water Solutions Projects Q4 Water Infrastructure Revenue Between $150M and $160M
Select Water Solutions (WTTR) has provided a positive outlook for its fourth quarter, projecting water infrastructure revenue in the range of $150 million to $160 million. This guidance follows the successful closure of the Pilot Water acquisition, which is expected to bolster the company's service capabilities. The company reported strong third-quarter financial results, including $23 million in net income and $93 million in adjusted EBITDA. Operational performance remained robust with produced water volumes reaching 1.7 million barrels per day, signaling steady demand for its core water management services.
Tickers: $WTTR
Topics: EBITDA Net Income Produced Water Volumes Quarterly Earnings