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Market Cap

US$424.1m

Last Updated

2021/05/07 23:54 UTC

Data Sources

Company Financials +

Executive Summary

TETRA Technologies, Inc., together with its subsidiaries, operates as a diversified oil and gas services company. More Details


Snowflake Analysis

Adequate balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has TETRA Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TTI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: TTI's weekly volatility (12%) has been stable over the past year.


Market Performance


7 Day Return

37.5%

TTI

13.5%

US Energy Services

-0.3%

US Market


1 Year Return

650.0%

TTI

83.2%

US Energy Services

50.2%

US Market

Return vs Industry: TTI exceeded the US Energy Services industry which returned 86.7% over the past year.

Return vs Market: TTI exceeded the US Market which returned 51.8% over the past year.


Shareholder returns

TTIIndustryMarket
7 Day37.5%13.5%-0.3%
30 Day31.7%11.2%2.2%
90 Day53.3%15.8%3.8%
1 Year650.0%650.0%90.1%83.2%52.7%50.2%
3 Year-25.3%-25.3%-49.0%-53.6%63.4%53.1%
5 Year-32.0%-32.0%-42.1%-52.2%129.6%104.0%

Long-Term Price Volatility Vs. Market

How volatile is TETRA Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is TETRA Technologies undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TTI ($3.45) is trading below our estimate of fair value ($13.88)

Significantly Below Fair Value: TTI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TTI is unprofitable, so we can't compare its PE Ratio to the US Energy Services industry average.

PE vs Market: TTI is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TTI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TTI is overvalued based on its PB Ratio (4.2x) compared to the US Energy Services industry average (1.2x).


Future Growth

How is TETRA Technologies forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

16.0%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if TTI's forecast earnings growth is above the savings rate (2%).

Earnings vs Market: Insufficient data to determine if TTI's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TTI's revenue (16% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: TTI's revenue (16% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if TTI's Return on Equity is forecast to be high in 3 years time


Past Performance

How has TETRA Technologies performed over the past 5 years?

29.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TTI is currently unprofitable.

Growing Profit Margin: TTI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TTI is unprofitable, but has reduced losses over the past 5 years at a rate of 29.3% per year.

Accelerating Growth: Unable to compare TTI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TTI is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (24.3%).


Return on Equity

High ROE: TTI has a negative Return on Equity (-40.77%), as it is currently unprofitable.


Financial Health

How is TETRA Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: TTI's short term assets ($205.4M) exceed its short term liabilities ($75.1M).

Long Term Liabilities: TTI's short term assets ($205.4M) do not cover its long term liabilities ($229.6M).


Debt to Equity History and Analysis

Debt Level: TTI's debt to equity ratio (158.5%) is considered high.

Reducing Debt: TTI's debt to equity ratio has reduced from 232% to 158.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable TTI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: TTI is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 16.7% per year.


Dividend

What is TETRA Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TTI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TTI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TTI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TTI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TTI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.2yrs

Average management tenure


CEO

Brady Murphy (60 yo)

2yrs

Tenure

US$1,915,532

Compensation

Mr. Brady M. Murphy has been President of CSI Compressco GP Inc., the General Partner of CSI Compressco LP since November 1, 2019 and served as its Interim President since July 22, 2019 until November 1, 2...


CEO Compensation Analysis

Compensation vs Market: Brady's total compensation ($USD1.92M) is about average for companies of similar size in the US market ($USD1.73M).

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


Leadership Team

Experienced Management: TTI's management team is considered experienced (2.2 years average tenure).


Board Members

Experienced Board: TTI's board of directors are considered experienced (6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

TETRA Technologies, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TETRA Technologies, Inc.
  • Ticker: TTI
  • Exchange: NYSE
  • Founded: 1981
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: US$424.068m
  • Shares outstanding: 126.59m
  • Website: https://www.tetratec.com

Number of Employees


Location

  • TETRA Technologies, Inc.
  • 24955 Interstate 45 North
  • The Woodlands
  • Texas
  • 77380
  • United States

Listings


Biography

TETRA Technologies, Inc., together with its subsidiaries, operates as a diversified oil and gas services company. It operates through two segments, Completion Fluids & Products, and Water & Flowback Servic...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 23:54
End of Day Share Price2021/05/07 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.