---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-023422"
form_type: "8-K"
ticker: "WTTR"
cik: "0001693256"
company_name: "Select Water Solutions, Inc."
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:33:20.872411+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Select Water Q1 revenue $366.5M, Adj. EBITDA $59.8M; guides Q2 EBITDA $64-68M

## Summary
- Net income $3.9M; adjusted EBITDA $59.8M, up 3% sequentially from Q4 2023.
- Water Infrastructure segment revenue $63.5M (+4.4% seq); gross margin before D&A 46.9%.
- Closed acquisitions of Buckhorn (Bakken, March 1) and Trinity (Permian, April 1) for $29.4M cash.
- Q2 2024 guidance: Adj. EBITDA $64-68M; expects >40% EBITDA conversion to FCF for 2024.
- Signed four long-term contracts in Permian/Haynesville with $15-17M combined capex.

## SEC filing metadata
- accession: 0001140361-24-023422
- form_type: 8-K
- ticker: WTTR
- cik: 0001693256
- company_name: Select Water Solutions, Inc.
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1693256/000114036124023422/0001140361-24-023422-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1693256/000114036124023422/ef20028143_form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-023422
- JSON: https://secwatch.observer/filing/0001140361-24-023422.json
- Plain text: https://secwatch.observer/filing/0001140361-24-023422.txt

## Key facts
- Earnings Releases
  Select Water Solutions, Inc. reported the first quarter ended March 31, 2024 results: revenue $366.5 million, net income $3.9 million. Guidance initiated.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $366.5 million
  - Net income: $3.9 million
  - Guidance: initiated
  - Result: reported results
  source text: Revenue for the first quarter of 2024 was $366.5 million as compared to $374.9 million in the fourth quarter of 2023 and $416.6 million in the first quarter of 2023. Net income for the first quarter of 2024 was $3.9 million as
  evidence_url: https://www.sec.gov/Archives/edgar/data/1693256/000114036124023422/0001140361-24-023422-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.