{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-037347","form_type":"8-K","ticker":"WTTR","cik":"0001693256","company_name":"Select Water Solutions, Inc.","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.884538+00:00","generated_at":"2026-06-12T08:41:21.027129+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Select Water Solutions Q2 revenue $405M (+20% YoY), net income $22.6M; realigns segments","bullets":["Revenue $404.6M (Q2 2023), up 20% YoY; net income $22.6M, +55% YoY; Adj. EBITDA $69.8M, +47% YoY.","Cash flow from operations $102M; reduced AR by $62M and raised year-end AR reduction target to $100M.","Repurchased $39M of shares (~5% of Class A) and paid $5.9M dividends; net debt reduced $10.5M.","Moved water sourcing and temporary logistics from Water Infrastructure to Water Services; renamed Oilfield Chemicals to Chemical Technologies.","Q3 outlook: Water Services revenue down low- to mid-single digits; Water Infrastructure revenue up mid-single digits with margin improvement."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-037347","json":"https://secwatch.observer/filing/0000950170-23-037347.json","markdown":"https://secwatch.observer/filing/0000950170-23-037347.md","text":"https://secwatch.observer/filing/0000950170-23-037347.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1693256/000095017023037347/0000950170-23-037347-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1693256/000095017023037347/wttr-20230802.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T08:41:21.027129+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":"5bf6146ea999f5014ca7a5e8e8c2f6c8431c2c49","claim":"Select Water Solutions, Inc. reported second quarter ended June 30, 2023 results: revenue $405 million, net income $22.6 million.","evidence_excerpt":"Generated revenue of $405 million during the second quarter of 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1693256/000095017023037347/0000950170-23-037347-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$405 million"},{"label":"Net income","value":"$22.6 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"}