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Select Water Solutions COO Skarke moves to Chief Commercial Officer; no successor named
Michael C. Skarke transitioned from EVP & COO to EVP & Chief Commercial Officer effective June 1, 2026.
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Select Water Solutions annual meeting results: directors elected, auditor ratified, say-on-pay passed
87.24% of outstanding shares (120.5M) were present at the May 7, 2026 annual meeting.
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Select Water Q1 rev $366M (+6% QoQ), adj EBITDA $77.6M; raises Water Infra growth guidance to 25-30%
Revenue $366.0M vs $346.6M Q4'25; net income $9.4M, up from net loss ($2.1M) in Q4'25.
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Select Water Solutions closes $201.25M common stock offering; underwriters exercised option in full
Aggregate gross proceeds of approximately $201.25 million from sale of Class A common stock at $12.75 per share.
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Select Water Solutions prices $175M public offering of common stock at $12.75/share
Offering of 13,725,491 shares of Class A common stock at $12.75 per share.
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Select Water Solutions launches $175M public offering of Class A common stock
$175M underwritten public offering of Class A common stock; underwriters have 30-day option to purchase additional $26.25M.
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Select Water Solutions FY2025 Adj EBITDA $260.3M; guides Q1 Adj EBITDA $65-68M; new infrastructure contracts
Full year 2025 revenue $1.4B, net income $21.5M, Adj EBITDA $260.3M; Q4 rev $346.5M, Adj EBITDA $64.2M.
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Select Water Q3 rev $322M, net income $2.3M; adds 65K acres of infrastructure dedications
Q3 rev $322M (vs $371M YoY), net income $2.3M (vs $18.8M), Adj. EBITDA $59.5M (vs $72.8M).
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Select Water Solutions enters severance agreements with four executive officers
Agreements with CFO George, COO Skarke, EVP Lyons, and EVP Ortowski effective Oct 9, 2025.
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Select Water Q2 adjusted EBITDA $72.6M, net income up 22%; Bakken swap, Peak strategic review
Q2 revenue $364.2M (-2.7% QoQ); net income $11.7M (+22% QoQ); adjusted EBITDA $72.6M (+13.4% QoQ).
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Select Water Solutions 2025 annual meeting: all director nominees elected, auditor ratified, say-on-pay approved
All 8 director nominees elected; e.g., Gayle L. Burleson received 103.3M for, 0.6M withheld (99.5% support) with 6.0M broker non-votes.
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Select Water Q1 revenue $374M, net income $9.6M, adj. EBITDA $64M; Q2 guide $68-72M
Revenue $374.4M, up 7% sequentially; net income $9.6M vs net loss $2.1M in Q4 2024.
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Select Water Solutions Q4 revenue $349M, FY Adj EBITDA $258.4M; guides Q1 Adj EBITDA $60-64M
FY24 revenue $1.5B, net income $35.5M; Q4 net loss $2.1M, Adj EBITDA $56.2M.
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Select Water Solutions expands board to nine, appoints Cope and Roberts; Thacker not seeking re-election
Board increased from 8 to 9 directors on Jan 24, 2025; Timothy A. Roberts and Bruce E. Cope, CPA appointed effective immediately.
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Select Water Solutions closes $550M sustainability-linked credit facility; new 5-year term
New facility includes $300M revolver and $250M term loan, with $200M accordion option over 4 years.
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Select Water Solutions Q3 revenue $371M, net income up 26% sequentially; dividend raised 17%
Q3 revenue $371.3M (+2% seq); net income $18.8M (+26% seq); Adjusted EBITDA $72.8M (+5% seq).
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Select Water Solutions Q2 net income triples to $14.9M; Adj. EBITDA $69.6M, guides Q3 flat
Revenue $365.1M, flat sequentially but down 9.8% YoY; gross margin expanded to 16.5% from 14.4% Q1.