secwatch.observer — SEC 8-K summary
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Issuer:     Select Water Solutions, Inc. (WTTR)
CIK:        0001693256
Form:       8-K
Filed at:   2021-11-02T23:59:59+00:00
Accession:  0001564590-21-053590
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 9.01, 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Select Energy Q3 revenue $204.6M (+27% QoQ); net loss narrows; M&A closed, new recycling contract
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- Revenue $204.6M (+27% QoQ, +102% YoY); net loss $14.2M vs $19.6M QoQ; Adjusted EBITDA $15.1M (double QoQ).
- Closed acquisitions of Complete (July), UltRecovery (Aug), Agua Libre (Oct 1). Agua Libre adds $70-80M annualized revenue.
- Awarded 3-year take-or-pay contract for produced water recycling facility in DJ Basin; 15,000 bbl/day capacity, completion Q1 2022.
- Segment revenue: Water Services $112.5M (+46.7% QoQ), Water Infrastructure $36.8M (+10.4%), Oilfield Chemicals $55.4M (+8.3%).
- Cash and equivalents $107.4M; no revolver borrowings; total liquidity $232.2M as of Sept 30, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1693256/000156459021053590/0001564590-21-053590-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1693256/000156459021053590/wttr-8k_20211102.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-053590

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