secwatch.observer — SEC 8-K summary
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Issuer:     Select Water Solutions, Inc. (WTTR)
CIK:        0001693256
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0001140361-25-005021
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Select Water Solutions Q4 revenue $349M, FY Adj EBITDA $258.4M; guides Q1 Adj EBITDA $60-64M
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- FY24 revenue $1.5B, net income $35.5M; Q4 net loss $2.1M, Adj EBITDA $56.2M.
- Water Infra revenue $291M FY24 (+26% YoY); Q4 gross margin before D&A 54.7%.
- New Permian Basin projects: 15-year Delaware agreement, 7-year Central Basin facility; capex $39-41M.
- Colorado water rights partnership: $62M initial investment, rights to >16,300 acre-feet/year.
- FY25 guidance: consolidated Adj EBITDA to grow; Water Infra revenue +15-25%; net capex $170-190M; Q1 $60-64M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1693256/000114036125005021/0001140361-25-005021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1693256/000114036125005021/ef20043841_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-005021

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