secwatch.observer — SEC 8-K summary
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Issuer:     Select Water Solutions, Inc. (WTTR)
CIK:        0001693256
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001140361-26-019129
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Select Water Q1 rev $366M (+6% QoQ), adj EBITDA $77.6M; raises Water Infra growth guidance to 25-30%
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- Revenue $366.0M vs $346.6M Q4'25; net income $9.4M, up from net loss ($2.1M) in Q4'25.
- Water Infrastructure segment record rev $96.7M (+19% QoQ); full-year growth guidance raised from 20-25% to 25-30%.
- Q2 2026 adj EBITDA guidance $77-80M; net capex raised to $200-250M.
- Closed $28.6M of acquisitions in Northern Delaware Basin adding disposal capacity, water rights, and storage.
- Generated $10.2M operating cash flow; total liquidity $307.7M after $191.7M equity offering and $70M debt repayment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1693256/000114036126019129/0001140361-26-019129-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1693256/000114036126019129/ef20072543_form8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-019129

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