NYSE:WTTRSelect Energy Services Stock Price, Forecast & News

$5.94

+0.49 (+8.99 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$5.23

Now: $5.94▼

$6.04

50-Day Range

$2.83

MA: $4.22▼

$5.59

52-Week Range

$2.22

Now: $5.94▼

$12.41

Volume556,543 shs

Average Volume378,188 shs

Market Capitalization$612.24 million

P/E RatioN/A

Dividend YieldN/A

Beta3

Select Energy Services, Inc., an oilfield services company, provides water management and chemical solutions to the onshore oil and natural gas industry in the United States and Western Canada. The company operates through three segments: Water Solutions, Oilfield Chemicals, and Wellsite Services. The Water Solutions segment provides water-related services, including the sourcing of water; the transfer of the water to the wellsite through permanent pipeline infrastructure and temporary pipe; the containment of fluids off-and on-location; measuring and monitoring of water; the filtering and treatment of fluids, well testing, and handling of flowback and produced formation water; and the transportation and recycling or disposal of drilling, completion, and production fluids. This segment serves integrated oil companies, and independent oil and natural gas producers. The Oilfield Chemicals segment develops, manufactures, and provides various chemicals, such as polymer slurries, crosslinkers, friction reducers, surfactants, buffers, breakers, and other chemical technologies for use in hydraulic fracturing, stimulation, cementing, and well completions to pressure pumping service companies. It also offers production chemical solutions for underperforming wells in order to enhance well performance and reduce production costs; and ancillary oilfield services comprising corrosion and scale monitoring, chemical inventory management, well failure analysis, and lab services. The Wellsite Services segment provides various services comprising workforce accommodation and surface equipment rental, crane and logistics, wellsite and pipeline construction, field and well, and sand-hauling and fluid-logistics services. It also offers ater transfer, fluid hauling, containment, and other rental services. This segment serves oil and natural gas operators. Select Energy Services, Inc. was founded in 2016 and is headquartered in Houston, Texas.

Beat the Market (BTM) Rank^™

1.2 Analyst's Opinion

Consensus Rating
Select Energy Services has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.43, Select Energy Services has a potential upside of 8.2% from its current price of $5.94.
Amount of Analyst Coverage
Select Energy Services has only been the subject of 4 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
Select Energy Services has received 303 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Select Energy Services has received 270 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Select Energy Services has received 52.88% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Select Energy Services and other stocks. Vote “Outperform” if you believe WTTR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WTTR will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Select Energy Services does not currently pay a dividend.
Dividend Growth
Select Energy Services does not have a long track record of dividend growth.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Select Energy Services insiders have bought more of their company's stock than they have sold. Specifically, they have bought $49,963.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 8.56% of the stock of Select Energy Services is held by insiders.
Percentage Held by Institutions
62.81% of the stock of Select Energy Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Select Energy Services are expected to grow in the coming year, from ($1.00) to ($0.88) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Select Energy Services is -2.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Select Energy Services is -2.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Select Energy Services has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.81 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Oil & gas field services, not elsewhere classified

Sub-IndustryN/A

SectorOils/Energy

Current SymbolNYSE:WTTR

Previous SymbolNASDAQ:WTTR

CUSIPN/A

CIK1693256

Webwww.selectenergyservices.com

Phone713-235-9500

Debt

Debt-to-Equity Ratio0.08

Current Ratio3.10

Quick Ratio2.81

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.29 billion

Price / Sales0.47

Cash Flow$1.46 per share

Price / Cash Flow4.06

Book Value$7.91 per share

Price / Book0.75

Profitability

EPS (Most Recent Fiscal Year)$0.17

Net Income$2.78 million

Net Margins-20.23%

Return on Equity3.82%

Return on Assets3.11%

Miscellaneous

Employees3,900

Outstanding Shares103,070,000

Market Cap$612.24 million

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Select Energy Services (NYSE:WTTR) Frequently Asked Questions

How has Select Energy Services' stock been impacted by COVID-19 (Coronavirus)?

Select Energy Services' stock was trading at $3.56 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WTTR stock has increased by 66.9% and is now trading at $5.94. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Select Energy Services?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Select Energy Services in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Select Energy Services.

When is Select Energy Services' next earnings date?

Select Energy Services is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Select Energy Services.

How were Select Energy Services' earnings last quarter?

Select Energy Services Inc (NYSE:WTTR) posted its earnings results on Monday, February, 24th. The company reported ($0.12) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.00 by $0.12. The firm earned $276.09 million during the quarter, compared to analysts' expectations of $289.61 million. Select Energy Services had a negative net margin of 20.23% and a positive return on equity of 3.82%. View Select Energy Services' earnings history.

What price target have analysts set for WTTR?

7 analysts have issued 12 month price objectives for Select Energy Services' stock. Their forecasts range from $3.00 to $11.00. On average, they anticipate Select Energy Services' stock price to reach $6.43 in the next year. This suggests a possible upside of 8.2% from the stock's current price. View analysts' price targets for Select Energy Services.

Has Select Energy Services been receiving favorable news coverage?

Media headlines about WTTR stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Select Energy Services earned a coverage optimism score of -3.5 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View the latest news aboutSelect Energy Services.

Are investors shorting Select Energy Services?

Select Energy Services saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,930,000 shares, a decrease of 26.6% from the April 30th total of 2,630,000 shares. Based on an average daily volume of 559,000 shares, the days-to-cover ratio is presently 3.5 days. Approximately 2.6% of the shares of the stock are short sold. View Select Energy Services' Current Options Chain.

Who are some of Select Energy Services' key competitors?

Some companies that are related to Select Energy Services include Subsea 7 (SUBCY), SemGroup (SEMG), Core Laboratories (CLB), RPC (RES), NexTier Oilfield Solutions (NEX), Oceaneering International (OII), Liberty Oilfield Services (LBRT), Franks International (FI), Helix Energy Solutions Group (HLX), National Energy Services Reunited (NESR), Propetro (PUMP), Keane Group (FRAC), Hurricane Energy (HRCXF), North American Construction Group (NOA) and Key Energy Services (KEGX). View all competitors.

What other stocks do shareholders of Select Energy Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Select Energy Services investors own include Verizon Communications (VZ), Energy Transfer LP Unit (ET), New Residential Investment (NRZ), Baidu (BIDU), Caterpillar (CAT), General Electric (GE), Halliburton (HAL), U.S. Silica (SLCA), Alibaba Group (BABA) and AGNC Investment (AGNC).

Who are Select Energy Services' key executives?

Select Energy Services' management team includes the following people:

Ms. Holli C. Landhani CPA, Pres, CEO & Director (Age 48)
Mr. Nicholas L. Swyka, CFO & Sr. VP (Age 39)
Mr. Adam R. Law, Sr. VP, Gen. Counsel & Corp. Sec. (Age 36)
Mr. Cody J. Ortowski, Exec. VP of Bus. Strategy (Age 42)
Mr. David J. Nightingale, Exec. VP of Wellsite Services (Age 39)

When did Select Energy Services IPO?

(WTTR) raised $175 million in an IPO on Friday, April 21st 2017. The company issued 10,600,000 shares at a price of $15.00-$18.00 per share. Credit Suisse, FBR, Wells Fargo Securities, BofA Merrill Lynch, Citigroup and J.P. Morgan served as the underwriters for the IPO and Deutsche Bank Securities, RBC Capital Markets and Simmons & Company International (Energy Specialists of Piper Jaffray Tudor, Pickering, Holt were co-managers.

What is Select Energy Services' stock symbol?

Select Energy Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "WTTR."

Who are Select Energy Services' major shareholders?

Select Energy Services' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.49%), Ranger Investment Management L.P. (2.42%), Bank of New York Mellon Corp (1.41%), JPMorgan Chase & Co. (1.09%), Principal Financial Group Inc. (1.02%) and HighTower Advisors LLC (0.90%). Company insiders that own Select Energy Services stock include Brian Szymanski, Gary Gillette, Holli C Ladhani, Mitchell Shauf, Nick L Swyka and Richard Alan Burnett. View institutional ownership trends for Select Energy Services.

Which institutional investors are selling Select Energy Services stock?

WTTR stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Bank of New York Mellon Corp, Morgan Stanley, Deutsche Bank AG, APG Asset Management N.V., APG Asset Management N.V., Principal Financial Group Inc., and HighTower Advisors LLC. View insider buying and selling activity for Select Energy Services.

Which institutional investors are buying Select Energy Services stock?

WTTR stock was acquired by a variety of institutional investors in the last quarter, including Ranger Investment Management L.P., Baird Financial Group Inc., Russell Investments Group Ltd., Parametric Portfolio Associates LLC, Arosa Capital Management LP, Grantham Mayo Van Otterloo & Co. LLC, Americana Partners LLC, and BlackRock Inc.. Company insiders that have bought Select Energy Services stock in the last two years include Holli C Ladhani, Nick L Swyka, and Richard Alan Burnett. View insider buying and selling activity for Select Energy Services.

How do I buy shares of Select Energy Services?

Shares of WTTR 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, Robinhood, Fidelity, and Charles Schwab.

What is Select Energy Services' stock price today?

One share of WTTR stock can currently be purchased for approximately $5.94.

How big of a company is Select Energy Services?

Select Energy Services has a market capitalization of $612.24 million and generates $1.29 billion in revenue each year. The company earns $2.78 million in net income (profit) each year or $0.17 on an earnings per share basis. Select Energy Services employs 3,900 workers across the globe.

What is Select Energy Services' official website?

The official website for Select Energy Services is www.selectenergyservices.com.

How can I contact Select Energy Services?

Select Energy Services' mailing address is 1233 WEST LOOP SOUTH SUITE 1400, HOUSTON TX, 77027. The company can be reached via phone at 713-235-9500 or via email at [email protected]

This page was last updated on 5/30/2020 by MarketBeat.com Staff