View Past PerformanceTETRA Technologies バランスシートの健全性財務の健全性 基準チェック /56TETRA Technologiesの総株主資本は$285.6M 、総負債は$181.8Mで、負債比率は63.7%となります。総資産と総負債はそれぞれ$662.3Mと$376.7Mです。 TETRA Technologiesの EBIT は$53.1Mで、利息カバレッジ比率3.4です。現金および短期投資は$35.5Mです。主要情報63.66%負債資本比率US$181.82m負債インタレスト・カバレッジ・レシオ3.4x現金US$35.47mエクイティUS$285.62m負債合計US$376.73m総資産US$662.35m財務の健全性に関する最新情報分析記事 • Jun 18We Think TETRA Technologies (NYSE:TTI) Is Taking Some Risk With Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...すべての更新を表示Recent updatesナラティブの更新 • May 15TTI: Future Upside Will Be Driven By 2026 Earnings And DesalinationAnalysts have slightly lowered their price target on TETRA Technologies from $12.75 to $12.50. This adjustment reflects updated assumptions around the discount rate, revenue growth, profit margin and future P/E that modestly change the assessed risk and return balance for the stock.Seeking Alpha • May 07TETRA Technologies: Positive Expectations For The Arkansas Project, But Valuation Is StretchedSummary TETRA Technologies is rated sell due to a stretched valuation and limited upside, despite its competitive moat in completion chemicals and the Arkansas Bromine Project. My DCF model implies a fair value of $7.13 per share, well below the current ~$9.50 price, with downside risk if Arkansas Project milestones are delayed. Current operating momentum is strong, led by CF&P segment margin expansion and robust cash flow, but future gains appear priced in and options sentiment is already bullish. I recommend reducing exposure at current levels; new investors should wait for a pullback to the $4.50–$5.50 range before considering entry. Read the full article on Seeking AlphaMajor Estimate Revision • May 06Consensus EPS estimates increase by 20%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from US$0.22 to US$0.265. Revenue forecast steady at US$655.4m. Net income forecast to grow 382% next year vs 28% growth forecast for Energy Services industry in the US. Consensus price target of US$12.50 unchanged from last update. Share price was steady at US$9.72 over the past week.お知らせ • May 02TETRA Technologies, Inc. Maintains Earnings Guidance for 2026TETRA Technologies, Inc. maintained earnings guidance for 2026. For 2026, revenue outlook remains unchanged with potential for upside if deepwater projects get accelerated or elevated oil and gas prices drive activity increases in the U.S. The company expects to have a better view of the full year as The company go through the second quarter. Total company revenue is expected to increase modestly driven by higher electrolyte sales and the execution of long-term contracts for early production facilities ("EPFs") in Argentina.New Risk • Apr 30New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 51% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (51% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).Reported Earnings • Apr 30First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.062 (up from US$0.031 in 1Q 2025). Revenue: US$156.3m (flat on 1Q 2025). Net income: US$8.32m (up 106% from 1Q 2025). Profit margin: 5.3% (up from 2.6% in 1Q 2025). Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 100%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.ナラティブの更新 • Apr 30TTI: Desalination Execution And Earnings Quality Will Drive Future Upside PotentialAnalysts have reaffirmed their $14.00 price target for TETRA Technologies, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E that keep their valuation framework broadly consistent with prior views. Valuation Changes Fair Value: $14.00 unchanged.New Risk • Apr 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).ナラティブの更新 • Apr 16TTI: Desalination Execution And Earnings Quality Will Support Long-Term UpsideAnalysts have reduced their price target on TETRA Technologies from $15.00 to $14.00, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E following recent research including a downgrade at Clear Street. Analyst Commentary Recent research has led to a lower price target and a downgrade, but bullish analysts still highlight several points that they see as supportive for TETRA Technologies at current levels.お知らせ • Apr 10TETRA Technologies, Inc., Annual General Meeting, May 22, 2026TETRA Technologies, Inc., Annual General Meeting, May 22, 2026. Location: corporate headquarters, 10000 energy drive, texas 77389, spring United Statesお知らせ • Apr 08TETRA Technologies, Inc. to Report Q1, 2026 Results on Apr 29, 2026TETRA Technologies, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2026ナラティブの更新 • Apr 01TTI: Future Upside Will Be Driven By Emerging Water Desalination OpportunityAnalysts now see TETRA Technologies' fair value shifting from about $9.17 to $12.75 per share, with the higher price target largely tied to expectations for stronger growth and profitability, particularly around the company’s water desalination opportunity. Analyst Commentary Bullish Takeaways Bullish analysts see the higher fair value range, including the US$13 price target, as reflecting what they view as meaningful upside tied to water desalination, which they regard as a key growth driver for the equity story.Recent Insider Transactions Derivative • Mar 19President exercised options and sold US$1.3m worth of stockOn the 14th of March, Brady Murphy exercised options to acquire 157k shares at no cost and sold these for an average price of US$8.22 per share. This trade did not impact their existing holding. For the year to December 2019, Brady's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2025, Brady's direct individual holding has increased from 2.60m shares to 3.02m. Company insiders have collectively sold US$4.5m more than they bought, via options and on-market transactions in the last 12 months.Buy Or Sell Opportunity • Mar 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to US$7.68. The fair value is estimated to be US$9.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 65%. For the next 3 years, revenue is forecast to grow by 9.0% per annum. Earnings are also forecast to grow by 60% per annum over the same time period.ナラティブの更新 • Mar 18TTI: Desalination Margin Potential Will Shape Future Risk Reward BalanceAnalysts have lifted their price target on TETRA Technologies by $4 to $13, citing what they view as stronger profit margin potential and a supportive outlook on the company's water desalination growth opportunity. Analyst Commentary Recent research on TETRA Technologies reflects a mix of optimism around the water desalination opportunity and caution around how that opportunity is valued and executed.Major Estimate Revision • Mar 04Consensus EPS estimates fall by 16%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from US$0.263 to US$0.22 per share. Revenue forecast steady at US$648.4m. Net income forecast to grow 587% next year vs 23% growth forecast for Energy Services industry in the US. Consensus price target of US$12.75 unchanged from last update. Share price fell 23% to US$8.60 over the past week.ナラティブの更新 • Mar 04TTI: Desalination Growth Will Drive Long-Term Upside Beyond Recent DowngradeAnalysts recently lifted their price target on TETRA Technologies to $13 from $9, citing what they see as a stronger long term growth opportunity in water desalination, along with slightly adjusted assumptions for discount rate, revenue growth, profit margin, and future P/E in their valuation work. Analyst Commentary Recent research on TETRA Technologies highlights a mix of views, but the latest bullish work has focused on how water desalination could factor into the long term story and valuation framework.Recent Insider Transactions Derivative • Mar 01President exercised options and sold US$560k worth of stockOn the 25th of February, Brady Murphy exercised options to acquire 50k shares at no cost and sold these for an average price of US$11.14 per share. This trade did not impact their existing holding. For the year to December 2019, Brady's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Brady's direct individual holding has increased from 2.60m shares to 2.73m. Company insiders have collectively sold US$1.9m more than they bought, via options and on-market transactions in the last 12 months.Buy Or Sell Opportunity • Feb 26Now 32% undervaluedOver the last 90 days, the stock has risen 17% to US$9.06. The fair value is estimated to be US$13.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 65%. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings are also forecast to grow by 59% per annum over the same time period.ナラティブの更新 • Feb 16TTI: Water Desalination Prospects And Evergreen Minerals Will Shape Future Risk BalanceAnalysts have raised their fair value estimate for TETRA Technologies from $9.00 to $11.50, citing research that indicates stronger perceived growth potential in water desalination, alongside updated assumptions for revenue growth, profit margins, and future P/E levels. Analyst Commentary Recent Street research reflects a mix of optimism around TETRA Technologies' water desalination prospects and caution about how much of that potential is already reflected in the share price.ナラティブの更新 • Feb 02TTI: Desalination And Evergreen Minerals Expansion Will Drive Long-Term UpsideAnalysts have lifted their 12 month price target on TETRA Technologies to US$13 from US$9, citing what they see as a solid growth opportunity in water desalination, along with small adjustments to discount rate, revenue growth, profit margin and future P/E assumptions. Analyst Commentary Recent research suggests that some bullish analysts see the move to a US$13 price target as aligned with what they view as a stronger long term opportunity in water desalination.お知らせ • Feb 02TETRA Technologies, Inc. to Report Q4, 2025 Results on Feb 25, 2026TETRA Technologies, Inc. announced that they will report Q4, 2025 results After-Market on Feb 25, 2026ナラティブの更新 • Jan 19TTI: Desalination And Electrolytes Exposure Will Drive Long-Term UpsideAnalysts have lifted their fair value estimate for TETRA Technologies from US$11.50 to US$15.00, citing updated assumptions for faster revenue growth, a higher profit margin profile, and a lower future P/E multiple. This revision is supported by recent Street research that highlights growth in water desalination and electrolytes demand.Valuation Update With 7 Day Price Move • Jan 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$11.19, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 15x in the Energy Services industry in the US. Total returns to shareholders of 205% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$4.86 per share.ナラティブの更新 • Jan 05TTI: Future Battery Storage Rollout Will Shape Earnings And Execution RiskAnalysts lifted their price target on TETRA Technologies to US$9 from US$5.50, citing higher assumed revenue growth, improved profit margin expectations, a lower discount rate and a reduced future P/E multiple that reflects updated views on demand for its PureFlow electrolytes and related earnings power. Analyst Commentary Recent research has centered on how TETRA Technologies might translate interest in its PureFlow electrolytes into earnings over the next several years, and how much of that potential is already reflected in the share price.分析記事 • Dec 23Revenues Tell The Story For TETRA Technologies, Inc. (NYSE:TTI) As Its Stock Soars 26%TETRA Technologies, Inc. ( NYSE:TTI ) shares have continued their recent momentum with a 26% gain in the last month...ナラティブの更新 • Dec 17TTI: Evergreen Project Expansion And Critical Minerals Resources Will Drive Long-Term UpsideAnalysts have lifted their TETRA Technologies fair value estimate from $7.00 to $11.50, citing stronger revenue growth visibility, materially improved margin expectations, and higher confidence in long term demand from key customers like Eos Energy that support a more reasonable forward P E multiple. Analyst Commentary Bullish analysts have become increasingly constructive on TETRA Technologies as recent operating trends and customer updates have exceeded expectations.ナラティブの更新 • Dec 03TTI: Future Upside Will Be Driven By Expanding Energy Storage DemandAnalysts have raised their price target on TETRA Technologies to $9.17 from $8.17, citing stronger confidence in long term growth. This is driven by upbeat sales trends, higher forward earnings expectations, and expanding opportunities tied to energy storage customers.Price Target Changed • Dec 03Price target increased by 15% to US$9.17Up from US$8.00, the current price target is an average from 3 analysts. New target price is 17% above last closing price of US$7.83. Stock is up 101% over the past year. The company is forecast to post earnings per share of US$0.18 for next year compared to US$0.87 last year.ナラティブの更新 • Nov 19TTI: Future Outlook Will Balance Execution Risks With Expanding Mineral Resource UpsideAnalysts have raised their price target for TETRA Technologies to $9, up from previous targets of $7 and $6.50. They attribute the increase to stronger-than-expected sales growth and increased confidence in the company's long-term customer partnerships and revenue outlook.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$8.21, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 14x in the Energy Services industry in the US. Total returns to shareholders of 111% over the past three years.分析記事 • Nov 02After Leaping 27% TETRA Technologies, Inc. (NYSE:TTI) Shares Are Not Flying Under The RadarDespite an already strong run, TETRA Technologies, Inc. ( NYSE:TTI ) shares have been powering on, with a gain of 27...ナラティブの更新 • Nov 01TTI: Momentum From Battery Storage Demand Will Drive Long-Term Revenue ExpansionAnalysts have raised their price target for TETRA Technologies from $7.67 to $8.17 per share, citing stronger than expected recent sales, improvements in profit margins, and increasing confidence in long-term growth drivers fueled by robust demand. Analyst Commentary Recent analyst updates have highlighted strong optimism regarding TETRA Technologies' prospects, driven by improving financial performance and expectations for continued growth.Reported Earnings • Oct 29Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: US$0.031 (up from US$0.022 in 3Q 2024). Revenue: US$153.2m (up 8.1% from 3Q 2024). Net income: US$4.15m (up 47% from 3Q 2024). Profit margin: 2.7% (up from 2.0% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 27+ 1 more updateTETRA Technologies, Inc. Announces CFO Changes, Effective March 31, 2026TETRA Technologies, Inc. announced that Elijio Serrano has notified the Company of his intention to retire as Chief Financial Officer, effective March 31, 2026. Upon his retirement, Mr. Serrano will be retained as an advisor to Brady Murphy, CEO and President. As part of TETRA's succession planning process, the Company will appoint Matt Sanderson as Chief Financial Officer to take effect upon Mr. Serrano's retirement. Mr. Sanderson is currently EVP and Chief Commercial Officer, having joined TETRA in November 2016. Until Mr. Serrano's retirement becomes effective and Mr. Sanderson officially assumes the role of Chief Financial Officer, both executives will continue with their existing duties and responsibilities to deliver and execute on the Company's ONE TETRA 2030 objectives.ナラティブの更新 • Oct 17Energy Storage And Desalination Will Transform Market Dynamics Amid RisksTETRA Technologies saw its analyst price target increase significantly from $6.83 to $7.67, as analysts cited higher confidence in long-term growth prospects. This outlook is supported by robust customer demand and improved revenue forecasts.Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improves as stock rises 27%After last week's 27% share price gain to US$7.04, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 14x in the Energy Services industry in the US. Total returns to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$12.07 per share.お知らせ • Oct 14TETRA Technologies, Inc. to Report Q3, 2025 Results on Oct 28, 2025TETRA Technologies, Inc. announced that they will report Q3, 2025 results After-Market on Oct 28, 2025ナラティブの更新 • Oct 03Energy Storage And Desalination Will Transform Market Dynamics Amid RisksTETRA Technologies’ analyst price target has been raised by $0.50 to $6.83, as analysts highlight improved profit outlooks and increased confidence in the company’s long-term growth strategy. Analyst Commentary Recent research reports provide a mixed outlook for TETRA Technologies, reflecting both optimism about its long-term potential and caution over near-term challenges.お知らせ • Sep 23TETRA Technologies, Inc. Announces Resource Upgraded for Arkansas Brine Project and Additional Critical MineralsTETRA Technologies, Inc. announced an updated resources report prepared in accordance with Regulation S-K 1300: Definitive Feasibility Study ("DFS"). RESPEC loop Company, LLC ("RESPEC") prepared the Technical Report Summary dated September 22, 2025 (the " Resource Report") as an update to its August 2024 resources and reserves report and incorporates the results of the DFS, including bromine reserve determinations, as of August 1, 2025. Highlights from the updated Resource Report include: TETRA's expanded Evergreen Unit Bromine Resources (Measured and Indicated) increased by 173% and total 431 k tons from the previously reported 158 k tons. Proven and probable bromine reserves remain consistent with the prior report of 744 k tons. See cautionary note concerning estimates of Mineral Resources and Reserves. The upgraded lithium resources in Evergreen Unit, as well as the positive announcement from Smackover Lithium (discussed below), are also very encouraging. TETRA currently owns mineral rights to approximately 40,000 acres of brine leases in Southwest Arkansas, which contain bromine, lithium, magnesium, manganese, and other key minerals. Although bromine is the initial target for TETRA's commercial project as outlined in the DFS report, lithium, magnesium, and manganese have been designated as critical minerals by the U.S. government and will be present in TETRA's future brine production along with the bromine. The various acres and units where TETRA holds brine interests and mineral rights are summarized below. Please visit the Investors section at view it. Company Overview: TETRA Technologies, Inc. is an energy services and solutions company focused on developing environmentally conscious services and solutions that help make people's lives better. With operations on six continents, the Company's portfolio consists of Energy Services, Industrial Chemicals, and Critical Minerals. The estimation of inferred resources involves far greater uncertainty as to their existence and economic viability than the estimation of other categories of resources, and therefore it cannot be assumed that all or any part of inferred resources will ever be upgraded to a higher category. Further, it is uncertain if all such measured, indicated and inferred mineral resources will ever be economically developed. Investors are cautioned that mineral resources do not have demonstrated economic value and further exploration may not result in the estimation of a mineral reserve. In addition, resource and reserve estimation is a process of estimating underground accumulations of minerals that cannot be measured in an exact way. Factors which may cause actual results to differ materially from current expectations include, but are not limited to: changes in general economic conditions; opportunity risks, such as mineral extraction, demand therefor, or realizing industrial and other benefits expected from bromine processing; ability to develop a bromine processing facility and risks inherent in the construction such facility; the accuracy of resources report, feasibility study and economic assessment regarding lithium and bromine acreage; equipment supply, equipment defects and/or ability to timely obtain equipment components; competition from existing or new competitors; risks associated with the potential of bromine and lithium resources are associated with the bromine reserves and reserves.分析記事 • Sep 17TETRA Technologies, Inc. (NYSE:TTI) Looks Just Right With A 26% Price JumpTETRA Technologies, Inc. ( NYSE:TTI ) shares have continued their recent momentum with a 26% gain in the last month...Recent Insider Transactions Derivative • Aug 28President exercised options and sold US$224k worth of stockOn the 25th of August, Brady Murphy exercised options to acquire 50k shares at no cost and sold these for an average price of US$4.49 per share. This trade did not impact their existing holding. For the year to December 2018, Brady's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Brady has owned 2.60m shares directly. Company insiders have collectively sold US$1.7m more than they bought, via options and on-market transactions in the last 12 months.Price Target Changed • Aug 01Price target increased by 9.1% to US$6.00Up from US$5.50, the current price target is an average from 4 analysts. New target price is 55% above last closing price of US$3.86. Stock is up 16% over the past year. The company is forecast to post earnings per share of US$0.15 for next year compared to US$0.87 last year.Reported Earnings • Jul 30Second quarter 2025 earnings: EPS misses analyst expectationsSecond quarter 2025 results: EPS: US$0.085 (up from US$0.058 in 2Q 2024). Revenue: US$173.9m (up 1.1% from 2Q 2024). Net income: US$11.3m (up 48% from 2Q 2024). Profit margin: 6.5% (up from 4.4% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.0%. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 30TETRA Technologies, Inc. Provides Earnings Guidance for the Full Year 2025TETRA Technologies, Inc. provided earnings guidance for the full year 2025. For the full year 2025, TETRA expects GAAP net income before taxes to be between $21 million and $34 million, and revenue to be between $610 million and $630 million. These guidance ranges are subject to risks associated with schedule delays for completion fluid projects, hurricane disruptions in the Gulf of America, changes to oil and gas company spending plans, lower than expected U.S. land-based drilling and frac activity levels, and macro impacts from U.S. tariffs.Major Estimate Revision • Jul 16Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$609.0m to US$602.7m. EPS estimate also fell from US$0.217 per share to US$0.167 per share. Net income forecast to shrink 77% next year vs 0.2% growth forecast for Energy Services industry in the US . Consensus price target down from US$5.63 to US$5.50. Share price fell 8.8% to US$3.23 over the past week.New Risk • Jul 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 59% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). Earnings are forecast to decline by an average of 59% per year for the foreseeable future. High level of non-cash earnings (36% accrual ratio).お知らせ • Jul 08TETRA Technologies, Inc. to Report Q2, 2025 Results on Jul 29, 2025TETRA Technologies, Inc. announced that they will report Q2, 2025 results After-Market on Jul 29, 2025お知らせ • Jun 30+ 5 more updatesTETRA Technologies, Inc.(NYSE:TTI) dropped from Russell 2500 Growth IndexTETRA Technologies, Inc.(NYSE:TTI) dropped from Russell 2500 Growth IndexNew Risk • Jun 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). High level of non-cash earnings (36% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change).分析記事 • Jun 18We Think TETRA Technologies (NYSE:TTI) Is Taking Some Risk With Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Jun 18TETRA Technologies, Inc.'s (NYSE:TTI) Share Price Boosted 31% But Its Business Prospects Need A Lift TooTETRA Technologies, Inc. ( NYSE:TTI ) shareholders would be excited to see that the share price has had a great month...Recent Insider Transactions • Jun 15Treasurer & VP of Investor Relations recently bought US$246k worth of stockOn the 11th of June, Kurt Hallead bought around 73k shares on-market at roughly US$3.39 per share. This transaction amounted to 95% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$504k more in shares than they have sold in the last 12 months.お知らせ • Jun 13Tetra Technologies, Inc. Announces the Appointment of Julia A Sloat as Director and Reconstitution of CommitteesTetra Technologies, Inc. at its AGM held on June 12, 2025, approved the appointment of Julia A Sloat as director and Mark E. Baldwin’s service as a director concluded upon the expiration of his term at the Annual Meeting. The constitution of Audit Committee: Christian A. Garcia as Chair, Angela D. John, Julia A. Sloat, Shawn D. Williams. Human Capital Management and Compensation Committee: Thomas R. Bates, Jr.as Chair,Sharon B. McGee,Shawn D. Williams, Nominating, Governance and Sustainability Committee: Sharon B. McGee, Chair, Angela D. John, Julia A. Sloat.Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 32%After last week's 32% share price gain to US$3.77, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Energy Services industry in the US. Total loss to shareholders of 18% over the past three years.Recent Insider Transactions • May 09Treasurer & VP of Investor Relations recently bought US$209k worth of stockOn the 5th of May, Kurt Hallead bought around 76k shares on-market at roughly US$2.74 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$258k more in shares than they have sold in the last 12 months.分析記事 • May 06TETRA Technologies (NYSE:TTI) Is Posting Solid Earnings, But It Is Not All Good NewsShareholders didn't seem to be thrilled with TETRA Technologies, Inc.'s ( NYSE:TTI ) recent earnings report, despite...Major Estimate Revision • May 06Consensus EPS estimates fall by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$631.9m to US$609.0m. EPS estimate also fell from US$0.313 per share to US$0.217 per share. Net income forecast to shrink 71% next year vs 2.1% decline forecast for Energy Services industry in the US. Consensus price target down from US$6.13 to US$5.63. Share price was steady at US$2.72 over the past week.Price Target Changed • May 01Price target decreased by 8.0% to US$5.75Down from US$6.25, the current price target is an average from 4 analysts. New target price is 117% above last closing price of US$2.65. Stock is down 30% over the past year. The company is forecast to post earnings per share of US$0.26 for next year compared to US$0.87 last year.Reported Earnings • Apr 30First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: US$0.031 (up from US$0.007 in 1Q 2024). Revenue: US$157.1m (up 4.1% from 1Q 2024). Net income: US$4.05m (up 343% from 1Q 2024). Profit margin: 2.6% (up from 0.6% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 57%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.お知らせ • Apr 30TETRA Technologies, Inc. Revises Earnings Guidance for the First Half Ending June 30, 2025TETRA Technologies, Inc. revised earnings guidance for the first half ending June 30, 2025. For the period, the company revised revenue guidance to be between $315 million and $345 million (previously $325 million to $355 million).Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$2.71, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Energy Services industry in the US. Total loss to shareholders of 27% over the past three years.お知らせ • Apr 28TETRA Technologies, Inc., Annual General Meeting, Jun 12, 2025TETRA Technologies, Inc., Annual General Meeting, Jun 12, 2025. Location: 24955 interstate 45 north, the woodlands, texas, United States分析記事 • Apr 25Why Investors Shouldn't Be Surprised By TETRA Technologies, Inc.'s (NYSE:TTI) 26% Share Price PlungeTo the annoyance of some shareholders, TETRA Technologies, Inc. ( NYSE:TTI ) shares are down a considerable 26% in the...お知らせ • Apr 24TETRA Technologies, Inc. Completes the Drilling and Sampling Operations of an Additional Test Well in the Evergreen UnitTETRA Technologies, Inc. recently completed the drilling and sampling operations of an additional test well in the Evergreen Unit with very encouraging results. With the Evergreen Unit expansion approved and the additional test well results, the reservoir engineering model will be updated to reflect new resource volumes for bromine and lithium in the coming weeks. In addition to the rich volumes of bromine and lithium in The expanded Evergreen Unit, recent test well results have shown encouraging levels of magnesium and manganese, which are on the U.S. list of critical minerals and which are largely supplied from countries outside the U.S. Given TETRA's progress with mineral extraction from produced water, the Company is evaluating extraction technologies and development of these additional minerals, including engineering studies. It is encouraging that all these minerals, three of which are on the U. S. critical minerals list, may be produced from the same brine that will be developed first for TETRA's bromine project requirements. TETRA is expected to publish an updated resource study prepared by the Company's qualified person identifying the incremental volumes of bromine and Lithium in the expanded Evergreen Unit. Standard Lithium recently announced a joint venture agreement with Equinor to develop the TETRA option acreage to produce brine for lithium extraction.Major Estimate Revision • Apr 16Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$644.1m to US$631.9m. EPS estimate also fell from US$0.35 per share to US$0.313 per share. Net income forecast to shrink 63% next year vs 1.4% growth forecast for Energy Services industry in the US . Consensus price target down from US$6.25 to US$6.13. Share price rose 2.6% to US$2.40 over the past week.お知らせ • Apr 11TETRA Technologies, Inc. to Report Q1, 2025 Results on Apr 29, 2025TETRA Technologies, Inc. announced that they will report Q1, 2025 results After-Market on Apr 29, 2025Valuation Update With 7 Day Price Move • Apr 03Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to US$3.02, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Energy Services industry in the US. Total loss to shareholders of 22% over the past three years.お知らせ • Mar 25TETRA Technologies, Inc. Announces Not Stand for Re-Election of Mark E. Baldwin as Independent DirectorTETRA Technologies, Inc. is disclosing that independent director Mark E. Baldwin has decided to not stand for re-election and retire at the Annual Meeting. Mr. Baldwin has served as an independent director and Chair of the Audit Committee since 2014, during which time he has brought valuable experience in areas such as finance, operations and transactions.お知らせ • Mar 24Bradley L. Radoff Issues an Open Letter to TETRA Technologies BoardOn March 24, 2025, Bradley L. Radoff and Michael Torok announced that they have issued an open letter to TETRA Technologies, Inc board, announced that they have nominated 4 director candidates Simon Bates, Evan Behrens, Bradley L. Radoff and Andrew K. Ruben for election to the Company's Board of Directors in in connection with the 2025 Annual Meeting of Stockholders. Bradley L. Radoff and Michael Torok criticized the current board for underperformance, lack of strategy, poor governance, and failed succession planning, believe the board is more focused on preserving the seats of certain directors rather than addressing the company's strategic and governance issues. In addition, Bradley L. Radoff and Michael Torok suggested forming a Strategy Committee, divesting underperforming parts of the business, and addressing capital allocation and succession planning to unlock value for stockholders.Recent Insider Transactions Derivative • Mar 19President exercised options and sold US$316k worth of stockOn the 15th of March, Brady Murphy exercised options to acquire 94k shares at no cost and sold these for an average price of US$3.35 per share. This trade did not impact their existing holding. For the year to December 2018, Brady's total compensation was 13% salary and 87% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Brady's direct individual holding has increased from 2.19m shares to 2.47m. Company insiders have collectively sold US$2.1m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Mar 12President exercised options and sold US$154k worth of stockOn the 8th of March, Brady Murphy exercised options to acquire 46k shares at no cost and sold these for an average price of US$3.32 per share. This trade did not impact their existing holding. For the year to December 2018, Brady's total compensation was 13% salary and 87% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Brady's direct individual holding has increased from 2.19m shares to 2.41m. Company insiders have collectively sold US$1.6m more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Mar 07TETRA Technologies, Inc.'s (NYSE:TTI) 26% Dip In Price Shows Sentiment Is Matching EarningsTETRA Technologies, Inc. ( NYSE:TTI ) shares have had a horrible month, losing 26% after a relatively good period...Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$3.43, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Energy Services industry in the US. Total loss to shareholders of 10% over the past three years.Major Estimate Revision • Mar 04Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$675.4m to US$644.1m. EPS estimate also fell from US$0.413 per share to US$0.35 per share. Net income forecast to shrink 59% next year vs 20% growth forecast for Energy Services industry in the US . Consensus price target broadly unchanged at US$6.40. Share price fell 12% to US$3.63 over the past week.お知らせ • Feb 26TETRA Technologies, Inc. Provides Earnings Guidance for the First Half Ending June 30, 2025TETRA Technologies, Inc. provided earnings guidance for the first half ending June 30, 2025. For the period, the company expects Revenue of $325,000,000 - $355,000,000.New Risk • Feb 26New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 43% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). High level of non-cash earnings (43% accrual ratio).Reported Earnings • Feb 26Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$0.87 (up from US$0.20 in FY 2023). Revenue: US$599.1m (down 4.3% from FY 2023). Net income: US$113.6m (up 346% from FY 2023). Profit margin: 19% (up from 4.1% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates significantly. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions Derivative • Feb 23President exercised options and sold US$231k worth of stockOn the 19th of February, Brady Murphy exercised options to acquire 52k shares at no cost and sold these for an average price of US$4.44 per share. This trade did not impact their existing holding. For the year to December 2018, Brady's total compensation was 13% salary and 87% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Brady's direct individual holding has increased from 2.19m shares to 2.26m. Company insiders have collectively sold US$2.4m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Feb 01TETRA Technologies, Inc. to Report Q4, 2024 Results on Feb 25, 2025TETRA Technologies, Inc. announced that they will report Q4, 2024 results After-Market on Feb 25, 2025分析記事 • Jan 15Market Might Still Lack Some Conviction On TETRA Technologies, Inc. (NYSE:TTI) Even After 25% Share Price BoostTETRA Technologies, Inc. ( NYSE:TTI ) shares have continued their recent momentum with a 25% gain in the last month...分析記事 • Jan 04Returns On Capital Are Showing Encouraging Signs At TETRA Technologies (NYSE:TTI)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...お知らせ • Dec 17TETRA Technologies, Inc. Introduces TETRA Oasis Total Designation Solution (Tetra Oasis TDS) and Results from Permi Basin Financial Re-Use PilotTETRA Technologies, Inc. announced the commercial launch of TETRA Oasis TDS, an end-to-end water treatment and desalination technology for beneficial re-use and mineral extraction applications for oil and gas well produced water. TETRA also recently completed a commercial pilot project for the desalination of Delaware Basin produced water for a major North America oil and gas operator. The desalinated water was tested against published Texas Railroad Commission (‘TRRC’) standards for beneficial re-use water at both TETRA's laboratory and an independent third-party laboratory. Subsequently, the treated water was sent to a third party for Whole Effluent Toxicity (‘WET’) testing where it successfully passed all test parameters. WET testing is a method used to measure the combined toxic effects of all pollutants on aquatic organisms and involves exposing aquatic organisms to treated wastewater samples and observing how the organisms respond. The tests can be acute or chronic and measure different aspects of the organisms' health. WET testing is a vital component to implementing water quality standards under the National Pollutant Discharge Elimination System (‘NPDES’) permits program. TETRA Oasis TDS is a proprietary end-to-end offering that involves a variety of processing stages starting with operator's oil and gas well produced water as feed brine for a pre-treatment step. TETRA has developed extensive experience and expertise over the past six years in the treatment and recycling of produced water for frac re-use, as demonstrated by having treated in the fourth quarter, 2024 a record peak volume of over 800,000 bbl/day. This experience has advanced TETRA's chemistry know-how in addressing a wide variability of produced water constituents, including dealing with organic compounds that would otherwise be destructive to membranes used in other industries to desalinate water. The critical pre-treatment first step is followed by the desalination stage through two technologies licensed exclusively to TETRA for oil and gas produced water applications, KMX Technologies Inc., ("KMX") Vacuum Membrane Distillation ("VMD") or Hyrec Holdings Company W.L.L. ("Hyrec") Osmotically Assisted Reverse Osmosis ("OARO"), or a combination of both. The selection of which technology or combination thereof depends, in part, on the total dissolved solids of the feed water, the end use application, and optimizing both the capital and operating costs of the process. The final stage is a post-treatment process designed to meet customer water specifications and may involve extraction of minerals, which TETRA's chemical business has been doing for many years, and potentially significantly improving the economic benefits. TETRA Oasis TDS was successfully proven in the field to deliver a water quality that achieves or exceeds regulatory requirements in a cost-effective manner for multiple beneficial re-use applications, including potential surface irrigation and industrial uses.分析記事 • Nov 22TETRA Technologies, Inc.'s (NYSE:TTI) 34% Jump Shows Its Popularity With InvestorsTETRA Technologies, Inc. ( NYSE:TTI ) shares have had a really impressive month, gaining 34% after a shaky period...Major Estimate Revision • Nov 05Consensus EPS estimates fall by 66%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$626.4m to US$613.2m. EPS estimate also fell from US$0.175 per share to US$0.06 per share. Net income forecast to grow 510% next year vs 26% growth forecast for Energy Services industry in the US. Consensus price target up from US$6.75 to US$7.08. Share price rose 19% to US$3.50 over the past week.Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 19%After last week's 19% share price gain to US$3.50, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Energy Services industry in the US. Total loss to shareholders of 2.8% over the past three years.Reported Earnings • Oct 30Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: US$0.022 (down from US$0.042 in 3Q 2023). Revenue: US$141.7m (down 6.4% from 3Q 2023). Net income: US$2.83m (down 48% from 3Q 2023). Profit margin: 2.0% (down from 3.6% in 3Q 2023). Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 153%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Seeking Alpha • Oct 27Tetra Technologies Is Worth A Nibble After Significant Selloff YTDSummary Tetra Technologies offers a contrarian investment opportunity against the prevailing low oil price outlook advocated by the IEA and EIA, since it provides increasingly crucial oilfield services. TTI's primary exposure is to the US shale industry & offshore oil production around the world, which is expected to increase drilling activities due to global oil supply shortfalls. As prime shale acreage depletes, intensified drilling in second-tier areas just to maintain production volumes will boost demand for TTI's services, enhancing its investment appeal. I have taken a small position in TTI stock, planning to increase it if prices decline, provided my overall thesis remains valid. Read the full article on Seeking AlphaMajor Estimate Revision • Oct 23Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.197 to US$0.175 per share. Revenue forecast steady at US$626.4m. Net income forecast to grow 292% next year vs 21% growth forecast for Energy Services industry in the US. Consensus price target down from US$7.42 to US$6.75. Share price fell 6.5% to US$3.02 over the past week.Price Target Changed • Oct 21Price target decreased by 9.0% to US$6.75Down from US$7.42, the current price target is an average from 6 analysts. New target price is 106% above last closing price of US$3.28. Stock is down 46% over the past year. The company is forecast to post earnings per share of US$0.17 for next year compared to US$0.20 last year.お知らせ • Oct 10TETRA Technologies, Inc. to Report Q3, 2024 Results on Oct 29, 2024TETRA Technologies, Inc. announced that they will report Q3, 2024 results After-Market on Oct 29, 2024Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$3.31, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Energy Services industry in the US. Total returns to shareholders of 4.1% over the past three years.財務状況分析短期負債: TTIの 短期資産 ( $297.2M ) が 短期負債 ( $147.1M ) を超えています。長期負債: TTIの短期資産 ( $297.2M ) が 長期負債 ( $229.6M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: TTIの 純負債対資本比率 ( 51.2% ) は 高い と見なされます。負債の削減: TTIの負債対資本比率は、過去 5 年間で167%から63.7%に減少しました。債務返済能力: TTIの負債は 営業キャッシュフロー によって 十分にカバー されています ( 46.5% )。インタレストカバレッジ: TTIの負債に対する 利息支払い は EBIT ( 3.4 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YEnergy 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 03:56終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋TETRA Technologies, Inc. 4 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。20 アナリスト機関James WestBarclaysJohn LoweBofA Global ResearchThomas CurranB. Riley Securities, Inc.17 その他のアナリストを表示
分析記事 • Jun 18We Think TETRA Technologies (NYSE:TTI) Is Taking Some Risk With Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
ナラティブの更新 • May 15TTI: Future Upside Will Be Driven By 2026 Earnings And DesalinationAnalysts have slightly lowered their price target on TETRA Technologies from $12.75 to $12.50. This adjustment reflects updated assumptions around the discount rate, revenue growth, profit margin and future P/E that modestly change the assessed risk and return balance for the stock.
Seeking Alpha • May 07TETRA Technologies: Positive Expectations For The Arkansas Project, But Valuation Is StretchedSummary TETRA Technologies is rated sell due to a stretched valuation and limited upside, despite its competitive moat in completion chemicals and the Arkansas Bromine Project. My DCF model implies a fair value of $7.13 per share, well below the current ~$9.50 price, with downside risk if Arkansas Project milestones are delayed. Current operating momentum is strong, led by CF&P segment margin expansion and robust cash flow, but future gains appear priced in and options sentiment is already bullish. I recommend reducing exposure at current levels; new investors should wait for a pullback to the $4.50–$5.50 range before considering entry. Read the full article on Seeking Alpha
Major Estimate Revision • May 06Consensus EPS estimates increase by 20%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from US$0.22 to US$0.265. Revenue forecast steady at US$655.4m. Net income forecast to grow 382% next year vs 28% growth forecast for Energy Services industry in the US. Consensus price target of US$12.50 unchanged from last update. Share price was steady at US$9.72 over the past week.
お知らせ • May 02TETRA Technologies, Inc. Maintains Earnings Guidance for 2026TETRA Technologies, Inc. maintained earnings guidance for 2026. For 2026, revenue outlook remains unchanged with potential for upside if deepwater projects get accelerated or elevated oil and gas prices drive activity increases in the U.S. The company expects to have a better view of the full year as The company go through the second quarter. Total company revenue is expected to increase modestly driven by higher electrolyte sales and the execution of long-term contracts for early production facilities ("EPFs") in Argentina.
New Risk • Apr 30New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 51% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (51% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).
Reported Earnings • Apr 30First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.062 (up from US$0.031 in 1Q 2025). Revenue: US$156.3m (flat on 1Q 2025). Net income: US$8.32m (up 106% from 1Q 2025). Profit margin: 5.3% (up from 2.6% in 1Q 2025). Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 100%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.
ナラティブの更新 • Apr 30TTI: Desalination Execution And Earnings Quality Will Drive Future Upside PotentialAnalysts have reaffirmed their $14.00 price target for TETRA Technologies, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E that keep their valuation framework broadly consistent with prior views. Valuation Changes Fair Value: $14.00 unchanged.
New Risk • Apr 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).
ナラティブの更新 • Apr 16TTI: Desalination Execution And Earnings Quality Will Support Long-Term UpsideAnalysts have reduced their price target on TETRA Technologies from $15.00 to $14.00, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E following recent research including a downgrade at Clear Street. Analyst Commentary Recent research has led to a lower price target and a downgrade, but bullish analysts still highlight several points that they see as supportive for TETRA Technologies at current levels.
お知らせ • Apr 10TETRA Technologies, Inc., Annual General Meeting, May 22, 2026TETRA Technologies, Inc., Annual General Meeting, May 22, 2026. Location: corporate headquarters, 10000 energy drive, texas 77389, spring United States
お知らせ • Apr 08TETRA Technologies, Inc. to Report Q1, 2026 Results on Apr 29, 2026TETRA Technologies, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2026
ナラティブの更新 • Apr 01TTI: Future Upside Will Be Driven By Emerging Water Desalination OpportunityAnalysts now see TETRA Technologies' fair value shifting from about $9.17 to $12.75 per share, with the higher price target largely tied to expectations for stronger growth and profitability, particularly around the company’s water desalination opportunity. Analyst Commentary Bullish Takeaways Bullish analysts see the higher fair value range, including the US$13 price target, as reflecting what they view as meaningful upside tied to water desalination, which they regard as a key growth driver for the equity story.
Recent Insider Transactions Derivative • Mar 19President exercised options and sold US$1.3m worth of stockOn the 14th of March, Brady Murphy exercised options to acquire 157k shares at no cost and sold these for an average price of US$8.22 per share. This trade did not impact their existing holding. For the year to December 2019, Brady's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2025, Brady's direct individual holding has increased from 2.60m shares to 3.02m. Company insiders have collectively sold US$4.5m more than they bought, via options and on-market transactions in the last 12 months.
Buy Or Sell Opportunity • Mar 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to US$7.68. The fair value is estimated to be US$9.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 65%. For the next 3 years, revenue is forecast to grow by 9.0% per annum. Earnings are also forecast to grow by 60% per annum over the same time period.
ナラティブの更新 • Mar 18TTI: Desalination Margin Potential Will Shape Future Risk Reward BalanceAnalysts have lifted their price target on TETRA Technologies by $4 to $13, citing what they view as stronger profit margin potential and a supportive outlook on the company's water desalination growth opportunity. Analyst Commentary Recent research on TETRA Technologies reflects a mix of optimism around the water desalination opportunity and caution around how that opportunity is valued and executed.
Major Estimate Revision • Mar 04Consensus EPS estimates fall by 16%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from US$0.263 to US$0.22 per share. Revenue forecast steady at US$648.4m. Net income forecast to grow 587% next year vs 23% growth forecast for Energy Services industry in the US. Consensus price target of US$12.75 unchanged from last update. Share price fell 23% to US$8.60 over the past week.
ナラティブの更新 • Mar 04TTI: Desalination Growth Will Drive Long-Term Upside Beyond Recent DowngradeAnalysts recently lifted their price target on TETRA Technologies to $13 from $9, citing what they see as a stronger long term growth opportunity in water desalination, along with slightly adjusted assumptions for discount rate, revenue growth, profit margin, and future P/E in their valuation work. Analyst Commentary Recent research on TETRA Technologies highlights a mix of views, but the latest bullish work has focused on how water desalination could factor into the long term story and valuation framework.
Recent Insider Transactions Derivative • Mar 01President exercised options and sold US$560k worth of stockOn the 25th of February, Brady Murphy exercised options to acquire 50k shares at no cost and sold these for an average price of US$11.14 per share. This trade did not impact their existing holding. For the year to December 2019, Brady's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Brady's direct individual holding has increased from 2.60m shares to 2.73m. Company insiders have collectively sold US$1.9m more than they bought, via options and on-market transactions in the last 12 months.
Buy Or Sell Opportunity • Feb 26Now 32% undervaluedOver the last 90 days, the stock has risen 17% to US$9.06. The fair value is estimated to be US$13.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 65%. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings are also forecast to grow by 59% per annum over the same time period.
ナラティブの更新 • Feb 16TTI: Water Desalination Prospects And Evergreen Minerals Will Shape Future Risk BalanceAnalysts have raised their fair value estimate for TETRA Technologies from $9.00 to $11.50, citing research that indicates stronger perceived growth potential in water desalination, alongside updated assumptions for revenue growth, profit margins, and future P/E levels. Analyst Commentary Recent Street research reflects a mix of optimism around TETRA Technologies' water desalination prospects and caution about how much of that potential is already reflected in the share price.
ナラティブの更新 • Feb 02TTI: Desalination And Evergreen Minerals Expansion Will Drive Long-Term UpsideAnalysts have lifted their 12 month price target on TETRA Technologies to US$13 from US$9, citing what they see as a solid growth opportunity in water desalination, along with small adjustments to discount rate, revenue growth, profit margin and future P/E assumptions. Analyst Commentary Recent research suggests that some bullish analysts see the move to a US$13 price target as aligned with what they view as a stronger long term opportunity in water desalination.
お知らせ • Feb 02TETRA Technologies, Inc. to Report Q4, 2025 Results on Feb 25, 2026TETRA Technologies, Inc. announced that they will report Q4, 2025 results After-Market on Feb 25, 2026
ナラティブの更新 • Jan 19TTI: Desalination And Electrolytes Exposure Will Drive Long-Term UpsideAnalysts have lifted their fair value estimate for TETRA Technologies from US$11.50 to US$15.00, citing updated assumptions for faster revenue growth, a higher profit margin profile, and a lower future P/E multiple. This revision is supported by recent Street research that highlights growth in water desalination and electrolytes demand.
Valuation Update With 7 Day Price Move • Jan 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$11.19, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 15x in the Energy Services industry in the US. Total returns to shareholders of 205% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$4.86 per share.
ナラティブの更新 • Jan 05TTI: Future Battery Storage Rollout Will Shape Earnings And Execution RiskAnalysts lifted their price target on TETRA Technologies to US$9 from US$5.50, citing higher assumed revenue growth, improved profit margin expectations, a lower discount rate and a reduced future P/E multiple that reflects updated views on demand for its PureFlow electrolytes and related earnings power. Analyst Commentary Recent research has centered on how TETRA Technologies might translate interest in its PureFlow electrolytes into earnings over the next several years, and how much of that potential is already reflected in the share price.
分析記事 • Dec 23Revenues Tell The Story For TETRA Technologies, Inc. (NYSE:TTI) As Its Stock Soars 26%TETRA Technologies, Inc. ( NYSE:TTI ) shares have continued their recent momentum with a 26% gain in the last month...
ナラティブの更新 • Dec 17TTI: Evergreen Project Expansion And Critical Minerals Resources Will Drive Long-Term UpsideAnalysts have lifted their TETRA Technologies fair value estimate from $7.00 to $11.50, citing stronger revenue growth visibility, materially improved margin expectations, and higher confidence in long term demand from key customers like Eos Energy that support a more reasonable forward P E multiple. Analyst Commentary Bullish analysts have become increasingly constructive on TETRA Technologies as recent operating trends and customer updates have exceeded expectations.
ナラティブの更新 • Dec 03TTI: Future Upside Will Be Driven By Expanding Energy Storage DemandAnalysts have raised their price target on TETRA Technologies to $9.17 from $8.17, citing stronger confidence in long term growth. This is driven by upbeat sales trends, higher forward earnings expectations, and expanding opportunities tied to energy storage customers.
Price Target Changed • Dec 03Price target increased by 15% to US$9.17Up from US$8.00, the current price target is an average from 3 analysts. New target price is 17% above last closing price of US$7.83. Stock is up 101% over the past year. The company is forecast to post earnings per share of US$0.18 for next year compared to US$0.87 last year.
ナラティブの更新 • Nov 19TTI: Future Outlook Will Balance Execution Risks With Expanding Mineral Resource UpsideAnalysts have raised their price target for TETRA Technologies to $9, up from previous targets of $7 and $6.50. They attribute the increase to stronger-than-expected sales growth and increased confidence in the company's long-term customer partnerships and revenue outlook.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$8.21, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 14x in the Energy Services industry in the US. Total returns to shareholders of 111% over the past three years.
分析記事 • Nov 02After Leaping 27% TETRA Technologies, Inc. (NYSE:TTI) Shares Are Not Flying Under The RadarDespite an already strong run, TETRA Technologies, Inc. ( NYSE:TTI ) shares have been powering on, with a gain of 27...
ナラティブの更新 • Nov 01TTI: Momentum From Battery Storage Demand Will Drive Long-Term Revenue ExpansionAnalysts have raised their price target for TETRA Technologies from $7.67 to $8.17 per share, citing stronger than expected recent sales, improvements in profit margins, and increasing confidence in long-term growth drivers fueled by robust demand. Analyst Commentary Recent analyst updates have highlighted strong optimism regarding TETRA Technologies' prospects, driven by improving financial performance and expectations for continued growth.
Reported Earnings • Oct 29Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: US$0.031 (up from US$0.022 in 3Q 2024). Revenue: US$153.2m (up 8.1% from 3Q 2024). Net income: US$4.15m (up 47% from 3Q 2024). Profit margin: 2.7% (up from 2.0% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 27+ 1 more updateTETRA Technologies, Inc. Announces CFO Changes, Effective March 31, 2026TETRA Technologies, Inc. announced that Elijio Serrano has notified the Company of his intention to retire as Chief Financial Officer, effective March 31, 2026. Upon his retirement, Mr. Serrano will be retained as an advisor to Brady Murphy, CEO and President. As part of TETRA's succession planning process, the Company will appoint Matt Sanderson as Chief Financial Officer to take effect upon Mr. Serrano's retirement. Mr. Sanderson is currently EVP and Chief Commercial Officer, having joined TETRA in November 2016. Until Mr. Serrano's retirement becomes effective and Mr. Sanderson officially assumes the role of Chief Financial Officer, both executives will continue with their existing duties and responsibilities to deliver and execute on the Company's ONE TETRA 2030 objectives.
ナラティブの更新 • Oct 17Energy Storage And Desalination Will Transform Market Dynamics Amid RisksTETRA Technologies saw its analyst price target increase significantly from $6.83 to $7.67, as analysts cited higher confidence in long-term growth prospects. This outlook is supported by robust customer demand and improved revenue forecasts.
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improves as stock rises 27%After last week's 27% share price gain to US$7.04, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 14x in the Energy Services industry in the US. Total returns to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$12.07 per share.
お知らせ • Oct 14TETRA Technologies, Inc. to Report Q3, 2025 Results on Oct 28, 2025TETRA Technologies, Inc. announced that they will report Q3, 2025 results After-Market on Oct 28, 2025
ナラティブの更新 • Oct 03Energy Storage And Desalination Will Transform Market Dynamics Amid RisksTETRA Technologies’ analyst price target has been raised by $0.50 to $6.83, as analysts highlight improved profit outlooks and increased confidence in the company’s long-term growth strategy. Analyst Commentary Recent research reports provide a mixed outlook for TETRA Technologies, reflecting both optimism about its long-term potential and caution over near-term challenges.
お知らせ • Sep 23TETRA Technologies, Inc. Announces Resource Upgraded for Arkansas Brine Project and Additional Critical MineralsTETRA Technologies, Inc. announced an updated resources report prepared in accordance with Regulation S-K 1300: Definitive Feasibility Study ("DFS"). RESPEC loop Company, LLC ("RESPEC") prepared the Technical Report Summary dated September 22, 2025 (the " Resource Report") as an update to its August 2024 resources and reserves report and incorporates the results of the DFS, including bromine reserve determinations, as of August 1, 2025. Highlights from the updated Resource Report include: TETRA's expanded Evergreen Unit Bromine Resources (Measured and Indicated) increased by 173% and total 431 k tons from the previously reported 158 k tons. Proven and probable bromine reserves remain consistent with the prior report of 744 k tons. See cautionary note concerning estimates of Mineral Resources and Reserves. The upgraded lithium resources in Evergreen Unit, as well as the positive announcement from Smackover Lithium (discussed below), are also very encouraging. TETRA currently owns mineral rights to approximately 40,000 acres of brine leases in Southwest Arkansas, which contain bromine, lithium, magnesium, manganese, and other key minerals. Although bromine is the initial target for TETRA's commercial project as outlined in the DFS report, lithium, magnesium, and manganese have been designated as critical minerals by the U.S. government and will be present in TETRA's future brine production along with the bromine. The various acres and units where TETRA holds brine interests and mineral rights are summarized below. Please visit the Investors section at view it. Company Overview: TETRA Technologies, Inc. is an energy services and solutions company focused on developing environmentally conscious services and solutions that help make people's lives better. With operations on six continents, the Company's portfolio consists of Energy Services, Industrial Chemicals, and Critical Minerals. The estimation of inferred resources involves far greater uncertainty as to their existence and economic viability than the estimation of other categories of resources, and therefore it cannot be assumed that all or any part of inferred resources will ever be upgraded to a higher category. Further, it is uncertain if all such measured, indicated and inferred mineral resources will ever be economically developed. Investors are cautioned that mineral resources do not have demonstrated economic value and further exploration may not result in the estimation of a mineral reserve. In addition, resource and reserve estimation is a process of estimating underground accumulations of minerals that cannot be measured in an exact way. Factors which may cause actual results to differ materially from current expectations include, but are not limited to: changes in general economic conditions; opportunity risks, such as mineral extraction, demand therefor, or realizing industrial and other benefits expected from bromine processing; ability to develop a bromine processing facility and risks inherent in the construction such facility; the accuracy of resources report, feasibility study and economic assessment regarding lithium and bromine acreage; equipment supply, equipment defects and/or ability to timely obtain equipment components; competition from existing or new competitors; risks associated with the potential of bromine and lithium resources are associated with the bromine reserves and reserves.
分析記事 • Sep 17TETRA Technologies, Inc. (NYSE:TTI) Looks Just Right With A 26% Price JumpTETRA Technologies, Inc. ( NYSE:TTI ) shares have continued their recent momentum with a 26% gain in the last month...
Recent Insider Transactions Derivative • Aug 28President exercised options and sold US$224k worth of stockOn the 25th of August, Brady Murphy exercised options to acquire 50k shares at no cost and sold these for an average price of US$4.49 per share. This trade did not impact their existing holding. For the year to December 2018, Brady's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Brady has owned 2.60m shares directly. Company insiders have collectively sold US$1.7m more than they bought, via options and on-market transactions in the last 12 months.
Price Target Changed • Aug 01Price target increased by 9.1% to US$6.00Up from US$5.50, the current price target is an average from 4 analysts. New target price is 55% above last closing price of US$3.86. Stock is up 16% over the past year. The company is forecast to post earnings per share of US$0.15 for next year compared to US$0.87 last year.
Reported Earnings • Jul 30Second quarter 2025 earnings: EPS misses analyst expectationsSecond quarter 2025 results: EPS: US$0.085 (up from US$0.058 in 2Q 2024). Revenue: US$173.9m (up 1.1% from 2Q 2024). Net income: US$11.3m (up 48% from 2Q 2024). Profit margin: 6.5% (up from 4.4% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.0%. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 30TETRA Technologies, Inc. Provides Earnings Guidance for the Full Year 2025TETRA Technologies, Inc. provided earnings guidance for the full year 2025. For the full year 2025, TETRA expects GAAP net income before taxes to be between $21 million and $34 million, and revenue to be between $610 million and $630 million. These guidance ranges are subject to risks associated with schedule delays for completion fluid projects, hurricane disruptions in the Gulf of America, changes to oil and gas company spending plans, lower than expected U.S. land-based drilling and frac activity levels, and macro impacts from U.S. tariffs.
Major Estimate Revision • Jul 16Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$609.0m to US$602.7m. EPS estimate also fell from US$0.217 per share to US$0.167 per share. Net income forecast to shrink 77% next year vs 0.2% growth forecast for Energy Services industry in the US . Consensus price target down from US$5.63 to US$5.50. Share price fell 8.8% to US$3.23 over the past week.
New Risk • Jul 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 59% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). Earnings are forecast to decline by an average of 59% per year for the foreseeable future. High level of non-cash earnings (36% accrual ratio).
お知らせ • Jul 08TETRA Technologies, Inc. to Report Q2, 2025 Results on Jul 29, 2025TETRA Technologies, Inc. announced that they will report Q2, 2025 results After-Market on Jul 29, 2025
お知らせ • Jun 30+ 5 more updatesTETRA Technologies, Inc.(NYSE:TTI) dropped from Russell 2500 Growth IndexTETRA Technologies, Inc.(NYSE:TTI) dropped from Russell 2500 Growth Index
New Risk • Jun 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). High level of non-cash earnings (36% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change).
分析記事 • Jun 18We Think TETRA Technologies (NYSE:TTI) Is Taking Some Risk With Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Jun 18TETRA Technologies, Inc.'s (NYSE:TTI) Share Price Boosted 31% But Its Business Prospects Need A Lift TooTETRA Technologies, Inc. ( NYSE:TTI ) shareholders would be excited to see that the share price has had a great month...
Recent Insider Transactions • Jun 15Treasurer & VP of Investor Relations recently bought US$246k worth of stockOn the 11th of June, Kurt Hallead bought around 73k shares on-market at roughly US$3.39 per share. This transaction amounted to 95% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$504k more in shares than they have sold in the last 12 months.
お知らせ • Jun 13Tetra Technologies, Inc. Announces the Appointment of Julia A Sloat as Director and Reconstitution of CommitteesTetra Technologies, Inc. at its AGM held on June 12, 2025, approved the appointment of Julia A Sloat as director and Mark E. Baldwin’s service as a director concluded upon the expiration of his term at the Annual Meeting. The constitution of Audit Committee: Christian A. Garcia as Chair, Angela D. John, Julia A. Sloat, Shawn D. Williams. Human Capital Management and Compensation Committee: Thomas R. Bates, Jr.as Chair,Sharon B. McGee,Shawn D. Williams, Nominating, Governance and Sustainability Committee: Sharon B. McGee, Chair, Angela D. John, Julia A. Sloat.
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 32%After last week's 32% share price gain to US$3.77, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Energy Services industry in the US. Total loss to shareholders of 18% over the past three years.
Recent Insider Transactions • May 09Treasurer & VP of Investor Relations recently bought US$209k worth of stockOn the 5th of May, Kurt Hallead bought around 76k shares on-market at roughly US$2.74 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$258k more in shares than they have sold in the last 12 months.
分析記事 • May 06TETRA Technologies (NYSE:TTI) Is Posting Solid Earnings, But It Is Not All Good NewsShareholders didn't seem to be thrilled with TETRA Technologies, Inc.'s ( NYSE:TTI ) recent earnings report, despite...
Major Estimate Revision • May 06Consensus EPS estimates fall by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$631.9m to US$609.0m. EPS estimate also fell from US$0.313 per share to US$0.217 per share. Net income forecast to shrink 71% next year vs 2.1% decline forecast for Energy Services industry in the US. Consensus price target down from US$6.13 to US$5.63. Share price was steady at US$2.72 over the past week.
Price Target Changed • May 01Price target decreased by 8.0% to US$5.75Down from US$6.25, the current price target is an average from 4 analysts. New target price is 117% above last closing price of US$2.65. Stock is down 30% over the past year. The company is forecast to post earnings per share of US$0.26 for next year compared to US$0.87 last year.
Reported Earnings • Apr 30First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: US$0.031 (up from US$0.007 in 1Q 2024). Revenue: US$157.1m (up 4.1% from 1Q 2024). Net income: US$4.05m (up 343% from 1Q 2024). Profit margin: 2.6% (up from 0.6% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 57%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
お知らせ • Apr 30TETRA Technologies, Inc. Revises Earnings Guidance for the First Half Ending June 30, 2025TETRA Technologies, Inc. revised earnings guidance for the first half ending June 30, 2025. For the period, the company revised revenue guidance to be between $315 million and $345 million (previously $325 million to $355 million).
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$2.71, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Energy Services industry in the US. Total loss to shareholders of 27% over the past three years.
お知らせ • Apr 28TETRA Technologies, Inc., Annual General Meeting, Jun 12, 2025TETRA Technologies, Inc., Annual General Meeting, Jun 12, 2025. Location: 24955 interstate 45 north, the woodlands, texas, United States
分析記事 • Apr 25Why Investors Shouldn't Be Surprised By TETRA Technologies, Inc.'s (NYSE:TTI) 26% Share Price PlungeTo the annoyance of some shareholders, TETRA Technologies, Inc. ( NYSE:TTI ) shares are down a considerable 26% in the...
お知らせ • Apr 24TETRA Technologies, Inc. Completes the Drilling and Sampling Operations of an Additional Test Well in the Evergreen UnitTETRA Technologies, Inc. recently completed the drilling and sampling operations of an additional test well in the Evergreen Unit with very encouraging results. With the Evergreen Unit expansion approved and the additional test well results, the reservoir engineering model will be updated to reflect new resource volumes for bromine and lithium in the coming weeks. In addition to the rich volumes of bromine and lithium in The expanded Evergreen Unit, recent test well results have shown encouraging levels of magnesium and manganese, which are on the U.S. list of critical minerals and which are largely supplied from countries outside the U.S. Given TETRA's progress with mineral extraction from produced water, the Company is evaluating extraction technologies and development of these additional minerals, including engineering studies. It is encouraging that all these minerals, three of which are on the U. S. critical minerals list, may be produced from the same brine that will be developed first for TETRA's bromine project requirements. TETRA is expected to publish an updated resource study prepared by the Company's qualified person identifying the incremental volumes of bromine and Lithium in the expanded Evergreen Unit. Standard Lithium recently announced a joint venture agreement with Equinor to develop the TETRA option acreage to produce brine for lithium extraction.
Major Estimate Revision • Apr 16Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$644.1m to US$631.9m. EPS estimate also fell from US$0.35 per share to US$0.313 per share. Net income forecast to shrink 63% next year vs 1.4% growth forecast for Energy Services industry in the US . Consensus price target down from US$6.25 to US$6.13. Share price rose 2.6% to US$2.40 over the past week.
お知らせ • Apr 11TETRA Technologies, Inc. to Report Q1, 2025 Results on Apr 29, 2025TETRA Technologies, Inc. announced that they will report Q1, 2025 results After-Market on Apr 29, 2025
Valuation Update With 7 Day Price Move • Apr 03Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to US$3.02, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Energy Services industry in the US. Total loss to shareholders of 22% over the past three years.
お知らせ • Mar 25TETRA Technologies, Inc. Announces Not Stand for Re-Election of Mark E. Baldwin as Independent DirectorTETRA Technologies, Inc. is disclosing that independent director Mark E. Baldwin has decided to not stand for re-election and retire at the Annual Meeting. Mr. Baldwin has served as an independent director and Chair of the Audit Committee since 2014, during which time he has brought valuable experience in areas such as finance, operations and transactions.
お知らせ • Mar 24Bradley L. Radoff Issues an Open Letter to TETRA Technologies BoardOn March 24, 2025, Bradley L. Radoff and Michael Torok announced that they have issued an open letter to TETRA Technologies, Inc board, announced that they have nominated 4 director candidates Simon Bates, Evan Behrens, Bradley L. Radoff and Andrew K. Ruben for election to the Company's Board of Directors in in connection with the 2025 Annual Meeting of Stockholders. Bradley L. Radoff and Michael Torok criticized the current board for underperformance, lack of strategy, poor governance, and failed succession planning, believe the board is more focused on preserving the seats of certain directors rather than addressing the company's strategic and governance issues. In addition, Bradley L. Radoff and Michael Torok suggested forming a Strategy Committee, divesting underperforming parts of the business, and addressing capital allocation and succession planning to unlock value for stockholders.
Recent Insider Transactions Derivative • Mar 19President exercised options and sold US$316k worth of stockOn the 15th of March, Brady Murphy exercised options to acquire 94k shares at no cost and sold these for an average price of US$3.35 per share. This trade did not impact their existing holding. For the year to December 2018, Brady's total compensation was 13% salary and 87% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Brady's direct individual holding has increased from 2.19m shares to 2.47m. Company insiders have collectively sold US$2.1m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Mar 12President exercised options and sold US$154k worth of stockOn the 8th of March, Brady Murphy exercised options to acquire 46k shares at no cost and sold these for an average price of US$3.32 per share. This trade did not impact their existing holding. For the year to December 2018, Brady's total compensation was 13% salary and 87% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Brady's direct individual holding has increased from 2.19m shares to 2.41m. Company insiders have collectively sold US$1.6m more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Mar 07TETRA Technologies, Inc.'s (NYSE:TTI) 26% Dip In Price Shows Sentiment Is Matching EarningsTETRA Technologies, Inc. ( NYSE:TTI ) shares have had a horrible month, losing 26% after a relatively good period...
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$3.43, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Energy Services industry in the US. Total loss to shareholders of 10% over the past three years.
Major Estimate Revision • Mar 04Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$675.4m to US$644.1m. EPS estimate also fell from US$0.413 per share to US$0.35 per share. Net income forecast to shrink 59% next year vs 20% growth forecast for Energy Services industry in the US . Consensus price target broadly unchanged at US$6.40. Share price fell 12% to US$3.63 over the past week.
お知らせ • Feb 26TETRA Technologies, Inc. Provides Earnings Guidance for the First Half Ending June 30, 2025TETRA Technologies, Inc. provided earnings guidance for the first half ending June 30, 2025. For the period, the company expects Revenue of $325,000,000 - $355,000,000.
New Risk • Feb 26New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 43% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). High level of non-cash earnings (43% accrual ratio).
Reported Earnings • Feb 26Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$0.87 (up from US$0.20 in FY 2023). Revenue: US$599.1m (down 4.3% from FY 2023). Net income: US$113.6m (up 346% from FY 2023). Profit margin: 19% (up from 4.1% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates significantly. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions Derivative • Feb 23President exercised options and sold US$231k worth of stockOn the 19th of February, Brady Murphy exercised options to acquire 52k shares at no cost and sold these for an average price of US$4.44 per share. This trade did not impact their existing holding. For the year to December 2018, Brady's total compensation was 13% salary and 87% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Brady's direct individual holding has increased from 2.19m shares to 2.26m. Company insiders have collectively sold US$2.4m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Feb 01TETRA Technologies, Inc. to Report Q4, 2024 Results on Feb 25, 2025TETRA Technologies, Inc. announced that they will report Q4, 2024 results After-Market on Feb 25, 2025
分析記事 • Jan 15Market Might Still Lack Some Conviction On TETRA Technologies, Inc. (NYSE:TTI) Even After 25% Share Price BoostTETRA Technologies, Inc. ( NYSE:TTI ) shares have continued their recent momentum with a 25% gain in the last month...
分析記事 • Jan 04Returns On Capital Are Showing Encouraging Signs At TETRA Technologies (NYSE:TTI)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
お知らせ • Dec 17TETRA Technologies, Inc. Introduces TETRA Oasis Total Designation Solution (Tetra Oasis TDS) and Results from Permi Basin Financial Re-Use PilotTETRA Technologies, Inc. announced the commercial launch of TETRA Oasis TDS, an end-to-end water treatment and desalination technology for beneficial re-use and mineral extraction applications for oil and gas well produced water. TETRA also recently completed a commercial pilot project for the desalination of Delaware Basin produced water for a major North America oil and gas operator. The desalinated water was tested against published Texas Railroad Commission (‘TRRC’) standards for beneficial re-use water at both TETRA's laboratory and an independent third-party laboratory. Subsequently, the treated water was sent to a third party for Whole Effluent Toxicity (‘WET’) testing where it successfully passed all test parameters. WET testing is a method used to measure the combined toxic effects of all pollutants on aquatic organisms and involves exposing aquatic organisms to treated wastewater samples and observing how the organisms respond. The tests can be acute or chronic and measure different aspects of the organisms' health. WET testing is a vital component to implementing water quality standards under the National Pollutant Discharge Elimination System (‘NPDES’) permits program. TETRA Oasis TDS is a proprietary end-to-end offering that involves a variety of processing stages starting with operator's oil and gas well produced water as feed brine for a pre-treatment step. TETRA has developed extensive experience and expertise over the past six years in the treatment and recycling of produced water for frac re-use, as demonstrated by having treated in the fourth quarter, 2024 a record peak volume of over 800,000 bbl/day. This experience has advanced TETRA's chemistry know-how in addressing a wide variability of produced water constituents, including dealing with organic compounds that would otherwise be destructive to membranes used in other industries to desalinate water. The critical pre-treatment first step is followed by the desalination stage through two technologies licensed exclusively to TETRA for oil and gas produced water applications, KMX Technologies Inc., ("KMX") Vacuum Membrane Distillation ("VMD") or Hyrec Holdings Company W.L.L. ("Hyrec") Osmotically Assisted Reverse Osmosis ("OARO"), or a combination of both. The selection of which technology or combination thereof depends, in part, on the total dissolved solids of the feed water, the end use application, and optimizing both the capital and operating costs of the process. The final stage is a post-treatment process designed to meet customer water specifications and may involve extraction of minerals, which TETRA's chemical business has been doing for many years, and potentially significantly improving the economic benefits. TETRA Oasis TDS was successfully proven in the field to deliver a water quality that achieves or exceeds regulatory requirements in a cost-effective manner for multiple beneficial re-use applications, including potential surface irrigation and industrial uses.
分析記事 • Nov 22TETRA Technologies, Inc.'s (NYSE:TTI) 34% Jump Shows Its Popularity With InvestorsTETRA Technologies, Inc. ( NYSE:TTI ) shares have had a really impressive month, gaining 34% after a shaky period...
Major Estimate Revision • Nov 05Consensus EPS estimates fall by 66%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$626.4m to US$613.2m. EPS estimate also fell from US$0.175 per share to US$0.06 per share. Net income forecast to grow 510% next year vs 26% growth forecast for Energy Services industry in the US. Consensus price target up from US$6.75 to US$7.08. Share price rose 19% to US$3.50 over the past week.
Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 19%After last week's 19% share price gain to US$3.50, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Energy Services industry in the US. Total loss to shareholders of 2.8% over the past three years.
Reported Earnings • Oct 30Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: US$0.022 (down from US$0.042 in 3Q 2023). Revenue: US$141.7m (down 6.4% from 3Q 2023). Net income: US$2.83m (down 48% from 3Q 2023). Profit margin: 2.0% (down from 3.6% in 3Q 2023). Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 153%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Seeking Alpha • Oct 27Tetra Technologies Is Worth A Nibble After Significant Selloff YTDSummary Tetra Technologies offers a contrarian investment opportunity against the prevailing low oil price outlook advocated by the IEA and EIA, since it provides increasingly crucial oilfield services. TTI's primary exposure is to the US shale industry & offshore oil production around the world, which is expected to increase drilling activities due to global oil supply shortfalls. As prime shale acreage depletes, intensified drilling in second-tier areas just to maintain production volumes will boost demand for TTI's services, enhancing its investment appeal. I have taken a small position in TTI stock, planning to increase it if prices decline, provided my overall thesis remains valid. Read the full article on Seeking Alpha
Major Estimate Revision • Oct 23Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.197 to US$0.175 per share. Revenue forecast steady at US$626.4m. Net income forecast to grow 292% next year vs 21% growth forecast for Energy Services industry in the US. Consensus price target down from US$7.42 to US$6.75. Share price fell 6.5% to US$3.02 over the past week.
Price Target Changed • Oct 21Price target decreased by 9.0% to US$6.75Down from US$7.42, the current price target is an average from 6 analysts. New target price is 106% above last closing price of US$3.28. Stock is down 46% over the past year. The company is forecast to post earnings per share of US$0.17 for next year compared to US$0.20 last year.
お知らせ • Oct 10TETRA Technologies, Inc. to Report Q3, 2024 Results on Oct 29, 2024TETRA Technologies, Inc. announced that they will report Q3, 2024 results After-Market on Oct 29, 2024
Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$3.31, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Energy Services industry in the US. Total returns to shareholders of 4.1% over the past three years.
