Northland Securities Has Negative Outlook of TTI Q3 Earnings

Key Points

• Northland Securities lowered its Q3 2026 EPS estimate for Tetra Technologies to $0.04 from $0.06, while maintaining an “Outperform” rating and a $14 price target.
• Tetra’s latest quarterly results met expectations at $0.08 EPS, while revenue of $185.66 million exceeded the $176.16 million consensus forecast.
• Shares fell 2.7% to open at $8.43; analysts remain moderately bullish overall, with a consensus price target of $12.83, despite Weiss Ratings downgrading the stock’s rating.

Tetra Technologies, Inc. (NYSE:TTI - Free Report) - Equities research analysts at Northland Securities decreased their Q3 2026 earnings per share (EPS) estimates for Tetra Technologies in a note issued to investors on Wednesday, August 5th. Northland Securities analyst B. Brooks now anticipates that the oil and gas company will post earnings of $0.04 per share for the quarter, down from their previous forecast of $0.06. Northland Securities currently has a "Outperform" rating and a $14.00 price target on the stock. The consensus estimate for Tetra Technologies' current full-year earnings is $0.27 per share. Northland Securities also issued estimates for Tetra Technologies' FY2026 earnings at $0.24 EPS, Q3 2027 earnings at $0.08 EPS and Q4 2027 earnings at $0.11 EPS.

Tetra Technologies (NYSE:TTI - Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The oil and gas company reported $0.08 EPS for the quarter, meeting analysts' consensus estimates of $0.08. Tetra Technologies had a return on equity of 9.11% and a net margin of 0.97%.The company had revenue of $185.66 million during the quarter, compared to analysts' expectations of $176.16 million. During the same quarter in the prior year, the business earned $0.08 earnings per share.

Separately, Weiss Ratings cut shares of Tetra Technologies from a "hold (c)" rating to a "hold (c-)" rating in a research note on Tuesday. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $12.83.

Tetra Technologies Trading Down 2.7%

Shares of NYSE:TTI opened at $8.43 on Thursday. The stock's 50-day simple moving average is $9.51 and its two-hundred day simple moving average is $9.70. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 210.88 and a beta of 1.25. Tetra Technologies has a 52-week low of $3.82 and a 52-week high of $12.54. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.20 and a current ratio of 2.46.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. KBC Group NV bought a new position in shares of Tetra Technologies during the 1st quarter valued at approximately $27,000. Aster Capital Management DIFC Ltd bought a new stake in Tetra Technologies during the 4th quarter worth approximately $33,000. Stone House Investment Management LLC bought a new stake in Tetra Technologies during the 4th quarter worth approximately $39,000. Osaic Holdings Inc. lifted its holdings in Tetra Technologies by 647.1% during the second quarter. Osaic Holdings Inc. now owns 12,700 shares of the oil and gas company's stock valued at $43,000 after purchasing an additional 11,000 shares in the last quarter. Finally, Rockefeller Capital Management L.P. purchased a new position in Tetra Technologies during the fourth quarter valued at approximately $45,000. Institutional investors own 70.19% of the company's stock.

Insider Buying and Selling at Tetra Technologies

In related news, CEO Brady M. Murphy sold 50,000 shares of Tetra Technologies stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $10.72, for a total transaction of $536,000.00. Following the transaction, the chief executive officer directly owned 2,965,457 shares in the company, valued at approximately $31,789,699.04. The trade was a 1.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Kurt Hallead purchased 22,000 shares of the business's stock in a transaction on Tuesday, June 9th. The shares were bought at an average cost of $9.86 per share, with a total value of $216,920.00. Following the acquisition, the vice president directly owned 170,764 shares of the company's stock, valued at $1,683,733.04. This trade represents a 14.79% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 6.27% of the company's stock.

About Tetra Technologies

Tetra Technologies, Inc NYSE: TTI is a provider of specialized products and services to the upstream oil and gas industry. The company operates through two primary segments: Oilfield Services, which offers hydraulic fracturing and wellsite fluid systems, and Chemical Solutions, which manufactures and delivers a broad range of drilling, completion and production chemicals. Tetra's integrated service model spans the design, blending and on-site delivery of fluids, as well as pumping equipment and related wellsite operations.

Within the Oilfield Services segment, Tetra supplies pressure pumping fleets and associated equipment to support onshore hydraulic fracturing and well placement activities.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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