TETRA Technologies, Inc., together with its subsidiaries, operates as a diversified oil and gas services company. The company's Fluids division manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa. This division also markets liquid and dry calcium chloride products; and provides water management services for onshore oil and gas operators. Its Production Testing division provides frac flowback, production well testing, offshore rig cooling, and other associated services in oil and gas producing regions in the United States, Mexico, and Canada, as well as in various basins in South America, Africa, Europe, the Middle East, and Australia. The company's Compression division engages in the fabrication and sale of standard compressor packages, custom-designed compressor packages, and oilfield pump systems; and the provision of compressor package reconfiguration and maintenance services, and compressor package parts and components manufactured by third-party suppliers. This division provides compression services and equipment for natural gas and oil exploration and production, midstream, transmission, and storage companies operating throughout in onshore producing regions of the United States, as well as in Mexico, Canada, and Argentina. TETRA Technologies, Inc. was founded in 1981 and is headquartered in The Woodlands, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
Current SymbolNYSE:TTI
Previous Symbol
CUSIP88162F10
Phone281-367-1983
Debt
Debt-to-Equity Ratio2.69
Current Ratio2.27
Quick Ratio1.45
Price-To-Earnings
Trailing P/E Ratio-8.00
Forward P/E Ratio-24.43
P/E GrowthN/A
Sales & Book Value
Annual Sales$820.38 million
Price / Sales0.26
Cash Flow$0.8028 per share
Price / Cash Flow2.13
Book Value$3.04 per share
Price / Book0.56
Profitability
EPS (Most Recent Fiscal Year)($0.21)
Net Income$-39,040,000.00
Net Margins-10.56%
Return on Equity-3.15%
Return on Assets-0.74%
Miscellaneous
Employees2,600
Outstanding Shares125,710,000
Market Cap$223.76 million
OptionableOptionable
TETRA Technologies (NYSE:TTI) Frequently Asked Questions
What is TETRA Technologies' stock symbol?
TETRA Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "TTI."
How were TETRA Technologies' earnings last quarter?
TETRA Technologies, Inc. (NYSE:TTI) released its quarterly earnings data on Thursday, November, 8th. The oil and gas company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by $0.05. The oil and gas company earned $256.90 million during the quarter, compared to analysts' expectations of $261.69 million. TETRA Technologies had a negative net margin of 10.56% and a negative return on equity of 3.15%. The firm's quarterly revenue was up 18.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.04 earnings per share. View TETRA Technologies' Earnings History.
When is TETRA Technologies' next earnings date?
What guidance has TETRA Technologies issued on next quarter's earnings?
TETRA Technologies updated its FY 2018 earnings guidance on Thursday, November, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $975M - 1 billion, compared to the consensus revenue estimate of $993.84 million.
What price target have analysts set for TTI?
10 brokerages have issued 1 year price objectives for TETRA Technologies' shares. Their forecasts range from $5.00 to $8.00. On average, they expect TETRA Technologies' share price to reach $5.9167 in the next twelve months. This suggests a possible upside of 252.2% from the stock's current price. View Analyst Price Targets for TETRA Technologies.
What is the consensus analysts' recommendation for TETRA Technologies?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TETRA Technologies in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TETRA Technologies.
Has TETRA Technologies been receiving favorable news coverage?
News coverage about TTI stock has trended negative on Tuesday, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. TETRA Technologies earned a news sentiment score of -2.4 on InfoTrie's scale. They also assigned press coverage about the oil and gas company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the next few days.
Who are some of TETRA Technologies' key competitors?
Some companies that are related to TETRA Technologies include Penn Virginia (PVAC), GENEL ENERGY PL/ADR (GEGYY), Berry Petroleum (BRY), Extraction Oil & Gas (XOG), GeoPark (GPRK), Resolute Energy (REN), W&T Offshore (WTI), Comstock Resources (CRK), HighPoint Resources (HPR), Hess Midstream Partners (HESM), Dorchester Minerals (DMLP), Kimbell Royalty Partners (KRP), Bonanza Creek Energy (BCEI), Earthstone Energy (ESTE) and Chaparral Energy (CHAP).
Who are TETRA Technologies' key executives?
TETRA Technologies' management team includes the folowing people:
- Mr. Stuart M. Brightman, CEO & Director (Age 62)
- Mr. Elijio V. Serrano, Sr. VP, CFO & Principal Accounting Officer (Age 60)
- Mr. Bass C. Wallace Jr., Sr. VP & Gen. Counsel (Age 59)
- Mr. Matthew J. Sanderson, Sr. VP of Energy Services (Age 44)
- Mr. Joseph Elkhoury, Exec. Officer (Age 48)
Who are TETRA Technologies' major shareholders?
TETRA Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.70%), Vanguard Group Inc. (7.97%), Vanguard Group Inc (7.97%), Fuller & Thaler Asset Management Inc. (6.16%), Dimensional Fund Advisors LP (6.08%) and Wells Fargo & Company MN (3.93%). Company insiders that own TETRA Technologies stock include Elijio V Serrano, Elisabeth K Evans, James H Funke, Peter J Pintar, Stuart M Brightman and Thomas R Bates Jr. View Institutional Ownership Trends for TETRA Technologies.
Which major investors are selling TETRA Technologies stock?
TTI stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., FMR LLC, Huber Capital Management LLC, Panagora Asset Management Inc., Bank of New York Mellon Corp, Fuller & Thaler Asset Management Inc., Neuberger Berman Group LLC and AQR Capital Management LLC. View Insider Buying and Selling for TETRA Technologies.
Which major investors are buying TETRA Technologies stock?
TTI stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., RK Capital Management LLC, Essex Investment Management Co. LLC, Morgan Stanley, GSA Capital Partners LLP, WealthTrust Axiom LLC, Vanguard Group Inc and Vanguard Group Inc.. Company insiders that have bought TETRA Technologies stock in the last two years include Elijio V Serrano, Elisabeth K Evans, Stuart M Brightman and Thomas R Bates Jr. View Insider Buying and Selling for TETRA Technologies.
How do I buy shares of TETRA Technologies?
Shares of TTI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is TETRA Technologies' stock price today?
One share of TTI stock can currently be purchased for approximately $1.68.
How big of a company is TETRA Technologies?
TETRA Technologies has a market capitalization of $223.76 million and generates $820.38 million in revenue each year. The oil and gas company earns $-39,040,000.00 in net income (profit) each year or ($0.21) on an earnings per share basis. TETRA Technologies employs 2,600 workers across the globe.
What is TETRA Technologies' official website?
How can I contact TETRA Technologies?
TETRA Technologies' mailing address is 24955 INTERSTATE 45 NORTH, THE WOODLANDS TX, 77380. The oil and gas company can be reached via phone at 281-367-1983 or via email at [email protected]
MarketBeat Community Rating for TETRA Technologies (NYSE TTI)
MarketBeat's community ratings are surveys of what our community members think about TETRA Technologies and other stocks. Vote "Outperform" if you believe TTI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TTI will underperform the S&P 500 over the long term. You may vote once every thirty days.
