NYSE:WTTREnergy Services
Select Water Solutions (WTTR) Is Up 7.4% After $175 Million Equity Raise For Water Infrastructure Expansion – Has The Bull Case Changed?
In February 2026, Select Water Solutions, Inc. completed a US$175.0 million follow-on offering of 13,725,491 Class A shares at US$12.75 each under a new universal shelf registration, adding to its previously authorized but unused 2024 buyback program and prior completed repurchases.
The company has indicated that the fresh equity capital will support general corporate purposes, including expanding its water infrastructure portfolio, potential acquisitions, and possible debt reduction,...