Select Water Solutions Management

Management criteria checks 3/4

Select Water Solutions' CEO is John Schmitz, appointed in Jan 2021, has a tenure of 4.08 years. total yearly compensation is $4.39M, comprised of 18.1% salary and 81.9% bonuses, including company stock and options. directly owns 1.42% of the company’s shares, worth €20.37M. The average tenure of the management team and the board of directors is 5.4 years and 3.7 years respectively.

Key information

John Schmitz

Chief executive officer

US$4.4m

Total compensation

CEO salary percentage	18.1%
CEO tenure	4.1yrs
CEO ownership	1.4%
Management average tenure	5.4yrs
Board average tenure	3.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has John Schmitz's remuneration changed compared to Select Water Solutions's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$60m
Jun 30 2024	n/a	n/a	US$58m
Mar 31 2024	n/a	n/a	US$66m
Dec 31 2023	US$4m	US$792k	US$74m
Sep 30 2023	n/a	n/a	US$54m
Jun 30 2023	n/a	n/a	US$61m
Mar 31 2023	n/a	n/a	US$54m
Dec 31 2022	US$8m	US$600k	US$48m
Sep 30 2022	n/a	n/a	US$50m
Jun 30 2022	n/a	n/a	US$17m
Mar 31 2022	n/a	n/a	-US$12m
Dec 31 2021	US$8m	US$577k	-US$42m
Sep 30 2021	n/a	n/a	-US$70m
Jun 30 2021	n/a	n/a	-US$88m
Mar 31 2021	n/a	n/a	-US$116m
Dec 31 2020	US$280k	US$15k	-US$339m
Sep 30 2020	n/a	n/a	-US$331m
Jun 30 2020	n/a	n/a	-US$295m
Mar 31 2020	n/a	n/a	-US$244m
Dec 31 2019	US$3m	US$544k	US$3m

Compensation vs Market: John's total compensation ($USD4.39M) is above average for companies of similar size in the German market ($USD1.47M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.

CEO

John Schmitz (64 yo)

4.1yrs

Tenure

US$4,389,506

Compensation

Mr. John D. Schmitz serves as Chief Executive Officer of Endurance Lift Holdings, LLC since January 1, 2020. He serves as the President at B-29 Advisors, LLC. He is the founder and President of B-29 Family...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
John Schmitz	President	4.1yrs	US$4.39m	1.42% € 20.4m
Christopher George	Executive VP & CFO	less than a year	US$1.16m	0.26% € 3.7m
Michael Skarke	Executive VP & COO	3.8yrs	US$1.33m	0.37% € 5.3m
Cody Ortowski	Executive Vice President of Business & Regulatory Affairs	7.3yrs	US$1.24m	1.41% € 20.3m
Brian Szymanski	VP & Chief Accounting Officer	6.8yrs	no data	0.089% € 1.3m
Michael Lyons	Executive VP	no data	no data	0.10% € 1.4m
Christina Ibrahim	Senior VP	1.8yrs	no data	0.12% € 1.7m
Joey Fanguy	President of Fluid Handling & Disposal Solutions	7.3yrs	no data	no data
Patrick Anderle	President of Peak Oilfield Services - Accommodations & Rentals	12.1yrs	no data	no data

5.4yrs

Average Tenure

47yo

Average Age

Experienced Management: 18RA's management team is seasoned and experienced (5.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
John Schmitz	President	17.3yrs	US$4.39m	1.42% € 20.4m
Douglas Wall	Independent Director	8.3yrs	US$236.33k	0.10% € 1.5m
Troy Thacker	Independent Director	4.8yrs	US$226.33k	0.085% € 1.2m
Luis Fernandez-Moreno	Independent Director	2.8yrs	US$226.33k	0.050% € 722.7k
Bruce Cope	Director	less than a year	no data	no data
Gayle Burleson	Independent Director	3.7yrs	US$236.18k	0.066% € 953.9k
Timothy Roberts	Director	less than a year	no data	no data
Richard Burnett	Lead Independent Director	8.3yrs	US$259.46k	0.11% € 1.5m
Robin Fielder	Independent Director	2.3yrs	US$224.73k	0.042% € 606.4k

3.7yrs

Average Tenure

58yo

Average Age

Experienced Board: 18RA's board of directors are considered experienced (3.7 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/02 12:42
End of Day Share Price	2025/01/31 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Select Water Solutions, Inc. is covered by 15 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
John Lowe	BofA Global Research
Thomas Curran	B. Riley Securities, Inc.
Scott Gruber	Citigroup Inc

Select Water Solutions Management

Management criteria checks 3/4

Key information

Recent management updates

Select Water Solutions, Inc. Announces Board Changes

Select Water Solutions, Inc., Annual General Meeting, May 08, 2024

Select Water Solutions, Inc. Announces Chief Financial Officer Changes

Select Water Solutions, Inc. Announces Chief Financial Officer Changes

Senior VP of Corporate Development recently sold €183k worth of stock

CFO & Senior VP recently sold €87k worth of stock

Recent updates

Select Water Solutions, Inc. Announces Board Changes

Select Water Solutions, Inc. Announces Quarterly Cash Dividend, Payable on February 14, 2025

Investor sentiment improves as stock rises 30%

New minor risk - Share price stability

Third quarter 2024 earnings released: EPS: US$0.16 (vs US$0.14 in 3Q 2023)

Second quarter dividend of US$0.07 announced

Select Water Solutions Increases Quarterly Cash Dividend 17%, Payable November 15, 2024

Select Water Solutions, Inc. to Report Q3, 2024 Results on Nov 05, 2024

Now 21% overvalued after recent price rise

Now 22% overvalued after recent price rise

Second quarter 2024 earnings released: EPS: US$0.13 (vs US$0.20 in 2Q 2023)

Select Water Solutions, Inc. (NYSE:WTTR) acquired Disposal assets and operations in the Northeast for $9 million.

First quarter dividend of US$0.06 announced

Select Water Solutions, Inc. to Report Q2, 2024 Results on Jul 30, 2024

First quarter 2024 earnings released: EPS: US$0.04 (vs US$0.12 in 1Q 2023)

Select Water Solutions, Inc. (NYSE:WTTR) acquired Trinity Environmental Services, L.L.C. for $29.4 million.

Fourth quarter dividend of US$0.06 announced

Select Water Solutions, Inc. Announces Quarterly Cash Dividend, to Be Paid on May 15, 2024

Select Water Solutions, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Select Water Solutions, Inc., Annual General Meeting, May 08, 2024

Select Water Solutions, Inc. Announces Chief Financial Officer Changes

Select Water Solutions, Inc. Announces Chief Financial Officer Changes

Senior VP of Corporate Development recently sold €183k worth of stock

Full year 2023 earnings released: EPS: US$0.73 (vs US$0.51 in FY 2022)

Third quarter dividend of US$0.06 announced

Select Water Solutions, Inc. (NYSE:WTTR) acquired SWD Assets of Iron Mountain Energy LLC.

Select Water Solutions, Inc. to Report Q4, 2023 Results on Feb 20, 2024

Third quarter 2023 earnings released: EPS: US$0.14 (vs US$0.23 in 3Q 2022)

Select Water Solutions, Inc. Announces 20% Increase to Quarterly Cash Dividend, Payable on November 17, 2023

Select Water Solutions, Inc. Announces 20% Increase to Quarterly Cash Dividend, Payable on November 17, 2023

Select Water Solutions, Inc. to Report Q3, 2023 Results on Oct 31, 2023

New minor risk - Earnings quality

Second quarter 2023 earnings released: EPS: US$0.20 (vs US$0.13 in 2Q 2022)

Select Water Solutions, Inc. to Report Q2, 2023 Results on Aug 02, 2023

First quarter 2023 earnings released: EPS: US$0.12 (vs US$0.074 in 1Q 2022)

Investor sentiment improves as stock rises 15%

Investor sentiment deteriorates as stock falls 17%

CFO & Senior VP recently sold €87k worth of stock

Full year 2022 earnings released: EPS: US$0.51 (vs US$0.48 loss in FY 2021)

Select Energy Services, Inc. to Report Q4, 2022 Results on Feb 21, 2023

Select Energy Services, Inc. Announces Quarterly Cash Dividend, Payable on February 17, 2023

Select Energy Services, Inc. Announces Board Changes

Third quarter 2022 earnings released: EPS: US$0.23 (vs US$0.14 loss in 3Q 2021)

Select Energy Services, Inc. (NYSE:WTTR) acquired Breakwater Energy Partners, LLC for approximately $100 million.

Select Energy Services Announces Initial Quarterly Distribution, Payable on November 17, 2022

Select Energy Services, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Select Energy Services, Llc and Select Energy Services, Inc. Enters into A Transition and Separation Agreement and General Release of Claims with Adam R. Law, the Senior Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer

Investor sentiment improved over the past week

Select Energy Services, Inc. Announces Initiation of Formal Quarterly Dividend Program Beginning After the Third Quarter of 2022

Second quarter 2022 earnings released: EPS: US$0.13 (vs US$0.19 loss in 2Q 2021)

Select Energy Services, Inc. Provides Revenue Guidance for the Third Quarter of 2022

Select Energy Services, Inc. to Report Q2, 2022 Results on Aug 02, 2022

Select Energy Services, Inc. Elects Luis Fernandez-Moreno as Director

First quarter 2022 earnings released: EPS: US$0.074 (vs US$0.27 loss in 1Q 2021)

Select Energy Services, Inc. to Report Q1, 2022 Results on May 03, 2022

Select Energy Services, Inc. (NYSE : WTTR) completed the acquisition of Nuverra Environmental Solutions, Inc. (NYSEAM:NES) from Gates Capital Management, Inc. and others.

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Select Energy Services, Inc. to Report Q4, 2021 Results on Feb 22, 2022

Select Energy Services, Inc. (NYSE : WTTR) entered into an Agreement and Plan of Merger to acquire Nuverra Environmental Solutions, Inc. (NYSEAM:NES) for $45 million.

VP & Chief Accounting Officer recently sold €53k worth of stock

Third quarter 2021 earnings released: US$0.14 loss per share (vs US$0.36 loss in 3Q 2020)

Consultant Mitchell Shauf has left the company

Select Energy Services, Inc. (NYSE:WTTR) entered into an asset purchase agreement to acquire Substantially all of the Water Logistics segment assets from Basic Energy Services, Inc.

Select Energy Services, Inc. (NYSE:WTTR) acquired ULTRecovery Corporation.

Second quarter 2021 earnings released: US$0.19 loss per share (vs US$0.52 loss in 2Q 2020)

Select Energy Services, Inc. (NYSE:WTTR) acquired Substantially all of the Water-related Assets & Ongoing Operations from Complete Energy Services, Inc. for $34.5 million.

Independent Director has left the company

First quarter 2021 earnings released: US$0.27 loss per share (vs US$2.86 loss in 1Q 2020)

New 90-day high: €5.55