{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-016793","form_type":"8-K","ticker":"WTTR","cik":"0001693256","company_name":"Select Water Solutions, Inc.","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.079038+00:00","generated_at":"2026-06-16T01:14:34.609273+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Select Energy Q1 revenue $417M record; net income $13.7M (+81% QoQ); Adj EBITDA $67.2M","bullets":["Revenue $416.6M record, up 9% QoQ, 41% YoY; net income $13.7M (+81% QoQ).","Adjusted EBITDA $67.2M (+29% QoQ); Water Infrastructure rev $101.5M (+32% QoQ).","Cash flow ops -$18M due to $78.6M working capital build; targeting $75M AR reduction by end 2023.","Repurchased $8M shares in March, additional $25M through April; $50M authorization reinitiated.","Signed multiple long-term infrastructure projects with MVCs in Haynesville, Midcon, DJ Basin, East Texas."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-016793","json":"https://secwatch.observer/filing/0000950170-23-016793.json","markdown":"https://secwatch.observer/filing/0000950170-23-016793.md","text":"https://secwatch.observer/filing/0000950170-23-016793.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1693256/000095017023016793/0000950170-23-016793-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1693256/000095017023016793/wttr-20230502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T01:14:34.609273+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f4d13aa62a5eeb8239278ad42e049ba0ed28699c","claim":"Select Water Solutions, Inc. reported first quarter ended March 31, 2023 results: revenue $416.6 million, net income $13.7 million.","evidence_excerpt":"Revenue for the first quarter of 2023 was $416.6 million as compared to $381.7 million in the fourth quarter of 2022 and $294.8 million in the first quarter of 2022. Net income for the first quarter of 2023 was $13.7 million as compared to $7.6 million in the fourth quarter of 2022 and $8.0 million in the first quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1693256/000095017023016793/0000950170-23-016793-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$416.6 million"},{"label":"Net income","value":"$13.7 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}