Earnings ·
Select Water Solutions reported second quarter 2026 results with consolidated revenue of $395.8 million, a sequential…
WTTRSelect Water Solutions, Inc.
Select Water Solutions reported second quarter 2026 results with consolidated revenue of $395.8 million, a sequential increase of $30 million or 8%. Net income rose to $22.6 million from $9.4 million in the prior quarter, while Adjusted EBITDA improved to $92.7 million from $77.6 million. The company executed a definitive agreement for the conveyance of 14 saltwater disposal wells and a new pipeline project supported by a 128-million-barrel minimum volume commitment over seven years in the Northern Delaware Basin. Management raised its full-year 2026 net capital expenditure guidance to $250–$290 million and provided third quarter Adjusted EBITDA guidance of $90–$94 million. The company also paid a quarterly dividend of $0.08 per share during the period. Select Water Solutions operates in the energy services industry, providing sustainable water management and chemical solutions to oil and gas producers.