secwatch.observer — SEC 8-K summary
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Issuer:     Select Water Solutions, Inc. (WTTR)
CIK:        0001693256
Form:       8-K
Filed at:   2025-11-10T23:59:59+00:00
Accession:  0001104659-25-109314
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Select Water Q3 rev $322M, net income $2.3M; adds 65K acres of infrastructure dedications
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- Q3 rev $322M (vs $371M YoY), net income $2.3M (vs $18.8M), Adj. EBITDA $59.5M (vs $72.8M).
- Chemical Technologies rev +13% q/q, gross profit +34% q/q on market share gains.
- Signed long-term contracts adding ~65K acres across Permian; 12-year agreements in Delaware Basin.
- Q4 Adj. EBITDA guided $60-$64M; 2025 net capex raised to $250-$275M.
- Free cash flow -$19.4M in Q3; liquidity $175.5M down from $279.3M in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1693256/000110465925109314/0001104659-25-109314-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1693256/000110465925109314/tm254551d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-109314

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer