TETRA TECHNOLOGIES INC entered into Master Services Agreement with Diversified Construction & Design, L.L.C. valued at approximately $95 million (effective 2026-06-12).
“On June 12, 2026, TETRA Bromine Project LLC (“TBP”), a Delaware limited liability company and a wholly owned subsidiary of TETRA Technologies, Inc., a Delaware corporation (the “Company”), entered into a Master Services Agreement (the “Agreement”) with Diversified Construction & Design, L.L.C. (“Contractor”).”
Shareholder Votes
TETRA TECHNOLOGIES INC shareholders approved Ratification of Amendment No. 1 to the Company’s Tax Benefits Preservation Plan at the 2026-05-22 meeting.
“Item 4 – Ratification of Amendment No. 1 to the Company’s Tax Benefits Preservation Plan . The votes were as follows: Votes For Votes Against Votes Abstained Broker Non-Votes 94,361,437 7,490,191 42,525 14,168,346”
Shareholder Votes
TETRA TECHNOLOGIES INC shareholders approved Ratification of the appointment of Grant Thornton LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-05-22 meeting.
“Item 3 – Ratification of Auditors – the stockholders approved the appointment of Grant Thornton LLP as the Company’s registered public accounting firm for the fiscal year ending December 31, 2026. The votes were as follows: Votes For Votes Against Votes Abstained 115,797,558 74,408 190,533”
Shareholder Votes
TETRA TECHNOLOGIES INC shareholders approved Advisory vote to approve the compensation of named executive officers at the 2026-05-22 meeting.
“Item 2 – Advisory Vote to Approve the Compensation of Named Executive Officers – the stockholders approved, on a non-binding basis, compensation of the named executive officers as described in the Proxy Statement. The votes were as follows: Votes For Votes Against Votes Abstained Broker Non-Votes 100,758,443 1,053,739 81,971 14,168,346”
Shareholder Votes
TETRA TECHNOLOGIES INC shareholders approved Election of eight members to the Board of Directors at the 2026-05-22 meeting.
“Item 1 – the election of eight members to the Company’s Board of Directors”
Earnings Releases
TETRA TECHNOLOGIES INC reported the first quarter of 2026 results: revenue $156.3 million, net income Income from continuing operations of $8.3 million, EPS Income per share from continuing operations of $0.06. Guidance reaffirmed.
“Inc. (“TETRA” or the “Company”) (NYSE:TTI) announced financial results for the three months ended March 31, 2026. First-Quarter 2026 Financial Highlights • Revenues of $156.3 million • Income from continuing operations of $8.3 million, inclusive of $0.5 million of unusual charges • Adjusted EBITDA of $25.6 million • Income per share from continuing operations”
Mark E. Baldwin departed as Director at TETRA TECHNOLOGIES INC.
“On March 24, 2025, Mark E. Baldwin informed the Board of Directors (the "Board") of TETRA Technologies, Inc. (the "Company") of his decision to retire from the Board at the end of his current term and not stand for re-election as a director at the Company's 2025 annual meeting of stockholders (the "2025 Annual Meeting").”
Elijio V. Serrano was appointed as Senior Vice President, Chief Financial Officer, and Principal Financial Officer (also serving as Principal Accounting Officer) at TETRA TECHNOLOGIES INC.
“Commencing September 19, 2024 Elijio V. Serrano, the Company’s Senior Vice President, Chief Financial Officer, and Principal Financial Officer will also serve as the Company’s Principal Accounting Officer in addition to his current responsibilities.”
Richard D. O'Brien resigned as Vice President-Finance, Global Controller, Assistant Treasurer, and Principal Accounting Officer at TETRA TECHNOLOGIES INC.
“On September 4, 2024, Richard D. O’Brien, Vice President-Finance, Global Controller, Assistant Treasurer, and Principal Accounting Officer of TETRA Technologies, Inc. (the “Company”), tendered his resignation, effective September 19, 2024, in order to pursue another career opportunity.”
Material Agreements
TETRA TECHNOLOGIES INC amended ABL Credit Agreement Amendment with Bank of America, N.A., as successor administrative agent, and each of the lenders and issuing banks party thereto valued at $80,000,000 to $100,000,000 (effective 2024-05-13).
“On May 13, 2024, TETRA Technologies, Inc., a Delaware corporation (“TETRA”), and certain of its subsidiaries entered into (i) an Agency Resignation, Appointment and Acceptance Agreement (the “Agency Resignation Agreement”) with JPMorgan Chase Bank, N.A., as resigning administrative agent (“JPM”), Bank of America, N.A., as successor administrative agent (“BofA”) and the lenders party thereto and (ii) an amendment (the “ABL Credit Agreement Amendment”) to the Credit Agreement dated as of September 10, 2018 (as previously amended, the “ABL Credit Agreement”), with BofA, as successor administrative agent, and each of the lenders and issuing banks party thereto.”
Earnings Releases
TETRA TECHNOLOGIES INC reported first quarter 2024 results: revenue $151 million, net income $915,000.
“ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTS • First quarter revenue of $151 million increased 3% year-over-year. • First quarter net income was $915,000 and net income per share attributable to TETRA stockholders was $0.01.”
Gina A. Luna departed as Director at TETRA TECHNOLOGIES INC.
“Gina A. Luna, a current member of our Board of Directors, will let her current term expire to enable her to focus on her other commitments.”
Angela D. John was appointed as Director at TETRA TECHNOLOGIES INC.
“appointed Angela D. John as a member of the Board.”
Earnings Releases
TETRA TECHNOLOGIES INC reported the fourth quarter and total year ended December 31, 2023 results: revenue $153.1 million, net income net loss before discontinued operations was $4.2 million, EPS $0.03.
“ANNOUNCES FOURTH QUARTER AND TOTAL YEAR 2023 RESULTS • Fourth quarter revenue of $153.1 million increased 4% year-over-year. • Fourth quarter net loss before discontinued operations was $4.2 million and net loss per share was $0.03.”
Debt Financings
TETRA TECHNOLOGIES INC incurred term loan of $190 million with Silver Point Finance, LLC at SOFR (adjusted to reflect any required bank reserves) for an interest period equ maturing January 12, 2030.
“The Term Loan Credit Agreement provides an initial term loan on the date of closing in the principal amount of $190 million (the “Initial Term Loan”) and the availability of delayed draw term loans, subject to the terms of the Term Loan Credit Agreement, up to an aggregate principal amount of $75 million (the “Delayed Draw Term Loans,” and together with the Initial Term Loan, the “Term Loan”).”
Material Agreements
TETRA TECHNOLOGIES INC terminated Existing Credit Agreement (2018) with Wilmington Trust, National Association valued at Repaid all outstanding borrowings and terminated the agreement (effective 2024-01-12).
“On January 12, 2024, in connection with the closing of the above-described loans, the Company repaid all outstanding borrowings and obligations under the Credit Agreement dated as of September 10, 2018 among the Company, the lenders from time to time party thereto, and Wilmington Trust, National Association, as administrative agent (the “Existing Credit Agreement”) with a portion of the net proceeds from the above-described loans, and terminated the Existing Credit Agreement.”
Material Agreements
TETRA TECHNOLOGIES INC entered into Fifth Amendment to ABL Credit Agreement with TETRA TECHNOLOGIES INC valued at Amendment to permit entry into Term Loan Credit Agreement (effective 2024-01-12).
“On January 12, 2024, the Company entered into that certain Fifth Amendment to Credit Agreement (the “Fifth Amendment”) which amends the ABL Credit Agreement.”
Material Agreements
TETRA TECHNOLOGIES INC entered into Term Loan Credit Agreement with Silver Point Finance, LLC valued at Initial term loan of $190 million and delayed draw term loans up to $75 million (effective 2024-01-12).
“On January 12, 2024, the Company, as borrower, entered into that certain Credit Agreement (the “Term Loan Credit Agreement”) with Silver Point Finance, LLC, as administrative agent, and the lenders party thereto (collectively, the “Term Lenders”).”
Earnings Releases
TETRA TECHNOLOGIES INC reported the third quarter 2023 results: revenue $151.5 million, net income $5.4 million, EPS $0.04.
“(EX-99.1) --- TETRA TECHNOLOGIES, INC. ANNOUNCES THIRD QUARTER 2023 FINANCIAL RESULTS AND PROVIDES UPDATE ON ARKANSAS BROMINE AND LITHIUM BRINE UNIT • Third quarter revenue of $151.5 million increased 12% year-over-year. • Net income before discontinued operations was $5.5 million and net income per share attributable to TETRA stockholders was $0.04, each improved”
Earnings Releases
TETRA TECHNOLOGIES INC reported financial results for second quarter 2023.
“On August 1, 2023, TETRA Technologies, Inc., a Delaware corporation (the “Company”) held a conference call relating to the press release issued on July 31, 2023 announcing financial results for the second quarter 2023.”
Earnings Releases
TETRA TECHNOLOGIES INC reported second quarter 2023 results: revenue $175.5 million, net income $18.2 million, EPS $0.14.
“TETRA TECHNOLOGIES, INC. ANNOUNCES STRONG SECOND QUARTER 2023 RESULTS WITH REVENUE OF $175.5 MILLION, GAAP EPS OF $0.14, GAAP NET INCOME OF $18.2 MILLION AND ADJUSTED EBITDA OF $36 MILLION”
Material Agreements
TETRA TECHNOLOGIES INC amended Third Amendment to Bromine Requirements Sales Agreement with LANXESS Corporation (effective 2023-04-01).
“On May 25, 2023, TETRA Technologies, Inc., a Delaware corporation (the “Company”), entered into the Third Amendment to Bromine Requirements Sales Agreement (the “Amendment”) with LANXESS Corporation (formerly known as Chemtura Corporation, “LANXESS”). The Amendment has an effective date of April 1, 2023 and was entered into in connection with the entry into a settlement agreement in the Company’s arbitration with LANXESS.”
Governance Changes
TETRA TECHNOLOGIES INC: Board approved amendment and restatement of Bylaws to reflect charter amendments, update for law changes, update special meeting procedures, advance notice requirements, and exclusive forum provisions (effective 2023-05-24).
“The Board also approved and adopted an amendment and restatement of the Company’s Amended and Restated Bylaws (as amended and restated, the “Bylaws”) to, among other things, (i) reflect the Corresponding Amendments, (ii) reflect certain changes in law, including the amendment of Sections 141(k), 222 and 232 of the Delaware General Corporation Law and the adoption of Rule 14a-19 under the Securities Exchange Act of 1934, as amended, (iii) update the procedures for calling a special meeting of stockholders, (iv) update the advance notice requirements for director nominations and stockholder proposals, (v) provide that the Court of Chancery of the State of Delaware (or, if such court does not have jurisdiction, the Superior Court of the State of Delaware, or, if such court does not have jurisdiction, the United States District Court for the District of Delaware) is the sole and exclusive forum for certain legal actions or proceedings involving the Company and (vi) provide that the federal”
Governance Changes
TETRA TECHNOLOGIES INC: Stockholders approved amendments to the Restated Certificate of Incorporation to eliminate supermajority voting, add officer exculpation, create stockholder right to call special meeting, and make administrative changes (effective 2023-05-24).
“At the Annual Meeting, upon the recommendation of the Board, the Company’s stockholders approved certain amendments to the Company’s Restated Certificate of Incorporation (the “Restated Certificate of Incorporation”), including to (i) eliminate supermajority voting provisions, (ii) reflect new Delaware law provisions regarding officer exculpation, (iii) create a stockholder right to call for a special stockholder meeting and (iv) make certain administrative and clarifying changes.”
Shareholder Votes
TETRA TECHNOLOGIES INC shareholders approved Advisory vote to approve the compensation of the Company's named executive officers at the 2023-05-24 meeting.
“Item 2 – Advisory Vote to Approve the Compensation of Named Executive Officers – the stockholders approved, on a non-binding basis, compensation of the named executive officers as described in the Proxy Statement with the following votes: Votes For Votes Against Votes Abstained Broker Non-Votes 75,953,674 4,020,894 370,691 15,633,178”
Shareholder Votes
TETRA TECHNOLOGIES INC shareholders approved Election of eight members to the Company's Board of Directors at the 2023-05-24 meeting.
“Item 1 - Election of Directors – the nominees listed below were elected directors with the respective votes set forth opposite their names: Votes For Votes Withheld Broker Non-Votes Mark E. Baldwin 77,856,181 2,489,078 15,633,178 Thomas R. Bates, Jr. 76,817,951 3,527,308 15,633,178 Christian A. Garcia 78,203,504 2,141,755 15,633,178 John F. Glick 78,319,346 2,025,913 15,633,178 Gina A. Luna 72,688,774 7,656,485 15,633,178 Sharon B. McGee 77,814,921 2,530,338 15,633,178 Brady M. Murphy 78,643,857 1,701,402 15,633,178 Shawn D. Williams 77,857,067 2,488,192 15,633,178”
Earnings Releases
TETRA TECHNOLOGIES INC reported first quarter 2023 results: revenue $146 million, net income $6.0 million, EPS $0.05.
“TETRA TECHNOLOGIES, INC. ANNOUNCES FIRST QUARTER 2023 REVENUE OF $146 MILLION AND EPS OF $0.05”
Governance Changes
TETRA TECHNOLOGIES INC: Board approved Certificate of Designation of Series A Junior Participating Preferred Stock, filed with Delaware Secretary of State, effective March 1, 2023 (effective 2023-03-01).
“In connection with the adoption of the Tax Plan described in Item 1.01 above, the Board approved a Certificate of Designation of Series A Junior Participating Preferred Stock of the Company (the “Certificate of Designation”). The Certificate of Designation was filed with the Secretary of State of the State of Delaware and became effective on March 1, 2023.”
Material Agreements
TETRA TECHNOLOGIES INC entered into Tax Benefits Preservation Plan with Computershare Trust Company, N.A. valued at Preservation of net operating loss carryforwards and other tax attributes (effective 2023-02-28).
“On February 28, 2023, TETRA Technologies, Inc. (the “Company”) entered into the Tax Benefits Preservation Plan (the “Tax Plan”), between the Company and Computershare Trust Company, N.A., as rights agent.”
Earnings Releases
TETRA TECHNOLOGIES INC reported financial results for the full year ended December 31, 2022.
“On February 27, 2023 , TETRA Technologies, Inc., a Delaware corporation (the “Company”), issued a news release announcing its financial results for the fourth quarter and full year ended December 31, 2022.”
Earnings Releases
TETRA TECHNOLOGIES INC reported the fourth quarter ended December 31, 2022 results: revenue $147 million, net income $1.8 million, EPS $0.01.
“Fourth quarter 2022 revenue of $147 million increased 9% from the third quarter of 2022 and 30% from the fourth quarter of 2021. Net loss before discontinued operations was $1.8 million, inclusive of $4.3 million of non-recurring charges and expenses. This compares to a net loss before discontinued operations of $63,000 in the third quarter of 2022, which included $2.7 million of non-recurring charges and expenses and compares to a net loss before discontinued operations of $703,000 in the fourth quarter of 2021, which included $891,000 of non-recurring charges and expenses. Net loss per share from continuing operations in the fourth quarter was $0.01, compared to break even in the third quarter of 2022 and compared to a loss per share of $0.01 in the fourth quarter of 2021.”
“31, 2022 / PR Newswire / - TETRA Technologies, Inc. (“TETRA” or the “Company”) (NYSE:TTI) today announced third-quarter 2022 financial results. Third-quarter 2022 revenue of $135 million increased 41% from the third quarter of 2021 but decreased 4% from the second quarter of 2022 reflecting the seasonality of our European industrial chemicals business. Net income”
Matthew Sanderson changed role as Executive Vice President and Chief Commercial Officer at TETRA TECHNOLOGIES INC.
“Effective September 6, 2022, the Board of Directors of TETRA Technologies, Inc. ("TETRA" or the "Company") approved the promotion of Matthew Sanderson to the newly created role of Executive Vice President and Chief Commercial Officer.”
Sharon Booth McGee was appointed as member of the Board of Directors at TETRA TECHNOLOGIES INC.
“Effective February 7, 2022, the Board of Directors of TETRA Technologies, Inc. ("TETRA" or the "Company") appointed Sharon Booth McGee as a member of the Board of Directors.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.