---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-036207"
form_type: "8-K"
ticker: "WTTR"
cik: "0001693256"
company_name: "Select Water Solutions, Inc."
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T14:33:04.552815+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Select Energy Q3 revenue $375M, net income $24.7M; acquires Breakwater and Cypress assets

## Summary
- Q3 revenue $375.1M (+12% sequential); net income $24.7M; Adjusted EBITDA $62.8M (+32% sequential).
- Acquired Breakwater Energy Partners for ~9.2M shares + ~$12.6M debt; Cypress Bakken assets for ~0.95M shares.
- Acquisitions expected to generate ~$110-115M revenue and >$30M Adjusted EBITDA on full-year 2022 basis.
- Commenced quarterly dividend of $0.05/share for Q3; no debt drawn on credit facility; liquidity $244.7M.
- Q4 guidance: Water Infrastructure low double-digit revenue growth; Oilfield Chemicals mid-single-digit growth.

## SEC filing metadata
- accession: 0001564590-22-036207
- form_type: 8-K
- ticker: WTTR
- cik: 0001693256
- company_name: Select Water Solutions, Inc.
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1693256/000156459022036207/0001564590-22-036207-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1693256/000156459022036207/wttr-8k_20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-036207
- JSON: https://secwatch.observer/filing/0001564590-22-036207.json
- Plain text: https://secwatch.observer/filing/0001564590-22-036207.txt

## Key facts
- Earnings Releases
  Select Water Solutions, Inc. reported third quarter ended September 30, 2022 results: revenue $375.1 million, net income $24.7 million.
  - Period: third quarter ended September 30, 2022
  - Revenue: $375.1 million
  - Net income: $24.7 million
  - Result: reported results
  source text: Revenue for the third quarter of 2022 was $375.1 million as compared to $335.9 million in the second quarter of 2022 and $204.6 million in the third quarter of 2021. Net income for the third quarter of 2022 was $24.7 million as compared to $14.6 million in the second quarter of 2022 and a net loss of $14.2 million in the third quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1693256/000156459022036207/0001564590-22-036207-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.