TETRA Technologies, Inc. reported second-quarter 2026 financial results with revenues of $185.7 million and income from continuing operations of $10.2 million. The company raised $108 million in net proceeds from an equity offering of approximately 12.4 million shares at $9.25 per share. Additionally, the Board approved the final investment decision for the Arkansas Bromine Project, which is expected to be operational by late 2027. TETRA operates in the oilfield services and specialty chemicals industry.

TETRA Technologies, Inc. through its subsidiary TETRA Bromine Project LLC entered into a Master Services Agreement with Diversified Construction & Design, L.L.C. to provide construction, commissioning, and related services for Phases 2 and 3 of the Evergreen Project bromine production facility in Arkansas. The agreement covers approximately $95 million of the estimated $220 million in remaining capital expenditures for the Evergreen Project. TETRA Technologies, Inc. provides specialized chemical and engineering services to the energy and industrial sectors.

TETRA Technologies, Inc. announced its intention to conduct an underwritten public offering of $100 million in common stock, including a 30-day option for underwriters to purchase up to an additional $15 million. Additionally, the company provided updates on its Arkansas Bromine Project, noting that $49 million has been invested to date with approximately $220 million in remaining capital expenditures expected over the next two years.