{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-056884","form_type":"8-K","ticker":"WTTR","cik":"0001693256","company_name":"Select Water Solutions, Inc.","filed_at":"2023-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.083744+00:00","generated_at":"2026-06-09T04:47:03.775275+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Select Water Solutions Q3 revenue $389M (+4% YoY); net income $15.3M; dividend raised 20%","bullets":["Q3 revenue $389.3M (+4% YoY), net income $15.3M (vs $24.7M Q3'22), adjusted EBITDA $63.0M.","Water Infrastructure revenue $58.4M (+86% YoY); new 10-year contracts for Delaware Basin system with ~$10-12M capex.","Operating cash flow $118.2M; accounts receivable down $75M; debt-free with $249M liquidity.","Quarterly dividend increased 20% vs prior quarter; FY capital expenditure guidance tightened to $120-130M.","Water Services revenue $251.9M, Chemical Technologies $79.0M; both segments outperformed industry activity decline."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-056884","json":"https://secwatch.observer/filing/0000950170-23-056884.json","markdown":"https://secwatch.observer/filing/0000950170-23-056884.md","text":"https://secwatch.observer/filing/0000950170-23-056884.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1693256/000095017023056884/0000950170-23-056884-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1693256/000095017023056884/wttr-20231031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T04:47:03.775275+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":"2cbc7ffaa8dbf0227d5f9e3bc785012038725b2b","claim":"Select Water Solutions, Inc. reported the third quarter ended September 30, 2023 results: revenue $389.3 million, net income $15.3 million. Guidance reaffirmed.","evidence_excerpt":"Revenue for the third quarter of 2023 was $389.3 million as compared to $404.6 million in the second quarter of 2023 and $375.1 million in the third quarter of 2022. Net income for the third quarter of 2023 was $15.3 million as compared to $22.6 million in the second quarter of 2023 and $24.7 million in the third quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1693256/000095017023056884/0000950170-23-056884-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"$389.3 million"},{"label":"Net income","value":"$15.3 million"},{"label":"Guidance","value":"reaffirmed"},{"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"}