secwatch.observer — SEC 8-K summary
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Issuer:     Select Water Solutions, Inc. (WTTR)
CIK:        0001693256
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001140361-26-005834
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Select Water Solutions FY2025 Adj EBITDA $260.3M; guides Q1 Adj EBITDA $65-68M; new infrastructure contracts
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- Full year 2025 revenue $1.4B, net income $21.5M, Adj EBITDA $260.3M; Q4 rev $346.5M, Adj EBITDA $64.2M.
- Water Infrastructure rev +8% YoY to $313M; Chemical Technologies rev +19% YoY to $308M; gross margin before D&A improved.
- Guides Q1 2026 Adj EBITDA $65-68M; FY 2026 capex $175-225M; Water Infrastructure rev growth 20-25% YoY.
- New contracts: 15M bbl MVC, ~180,000 acres dedications; adds 14 mi pipeline, 3.5M bbl storage, 55K bbl/d disposal.
- Acquired disposal permit/pits in Eddy County, NM; Winkler County disposal; Rockies 15-yr deal with 9.6M bbl MVC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1693256/000114036126005834/0001140361-26-005834-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1693256/000114036126005834/ef20065909_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-005834

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