secwatch.observer — SEC 8-K summary
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Issuer:     Select Water Solutions, Inc. (WTTR)
CIK:        0001693256
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0001564590-22-005941
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 9.01, 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Select Energy Q4 rev $255M, net income $11.2M, Adj EBITDA $26.4M; M&A adds $300M run-rate
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- Q4 revenue $255.1M (+25% seq.), net income $11.2M (vs Q3 loss $14.2M), Adj EBITDA $26.4M (+74% seq.).
- Water Services rev +25% seq., Water Infrastructure +27%, Oilfield Chemicals +22% seq.
- Closed Agua Libre (Oct 2021) and HB Rentals (Dec 2021) acquisitions; Nuverra deal expected to close imminently.
- Q1 2022 guidance: 5-15% revenue growth across segments with modest gross margin improvement.
- No revolver borrowings; cash $85.8M; total liquidity $202.9M as of Dec 31, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1693256/000156459022005941/0001564590-22-005941-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1693256/000156459022005941/wttr-8k_20220222.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-005941

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