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TTI

TETRA Technologies NYSE:TTI Stock Report

Last Price

US$4.90

Market Cap

US$625.7m

7D

6.5%

1Y

41.6%

Updated

24 May, 2022

Data

Company Financials +
TTI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance2/6
Financial Health3/6
Dividends0/6

TTI Stock Overview

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

TETRA Technologies Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TETRA Technologies
Historical stock prices
Current Share PriceUS$4.90
52 Week HighUS$4.90
52 Week LowUS$2.32
Beta2.87
1 Month Change31.02%
3 Month Change74.38%
1 Year Change41.62%
3 Year Change180.00%
5 Year Change58.07%
Change since IPO81.86%

Recent News & Updates

Mar 27
Is TETRA Technologies (NYSE:TTI) A Risky Investment?

Is TETRA Technologies (NYSE:TTI) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

TTIUS Energy ServicesUS Market
7D6.5%1.8%-4.0%
1Y41.6%42.5%-13.2%

Return vs Industry: TTI exceeded the US Energy Services industry which returned 38.2% over the past year.

Return vs Market: TTI exceeded the US Market which returned -12.3% over the past year.

Price Volatility

Is TTI's price volatile compared to industry and market?
TTI volatility
TTI Average Weekly Movement12.0%
Energy Services Industry Average Movement9.2%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

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.

About the Company

FoundedEmployeesCEOWebsite
19811,100Brady Murphyhttps://www.tetratec.com

TETRA Technologies, Inc., together with its subsidiaries, operates as a diversified oil and gas services company. It operates through Completion Fluids & Products Division and Water & Flowback Services segments. The Completion Fluids & Products segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa.

TETRA Technologies Fundamentals Summary

How do TETRA Technologies's earnings and revenue compare to its market cap?
TTI fundamental statistics
Market CapUS$625.74m
Earnings (TTM)US$2.94m
Revenue (TTM)US$440.99m

213.1x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TTI income statement (TTM)
RevenueUS$440.99m
Cost of RevenueUS$328.03m
Gross ProfitUS$112.96m
Other ExpensesUS$110.02m
EarningsUS$2.94m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.023
Gross Margin25.62%
Net Profit Margin0.67%
Debt/Equity Ratio144.1%

How did TTI perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


213.14x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: TTI ($4.9) is trading above our estimate of fair value ($2.63)

Significantly Below Fair Value: TTI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TTI is poor value based on its Price-To-Earnings Ratio (213.1x) compared to the US Energy Services industry average (33x).

PE vs Market: TTI is poor value based on its Price-To-Earnings Ratio (213.1x) compared to the US market (15.1x).


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 Price-To-Book Ratio (5.8x) compared to the US Energy Services industry average (1.4x).


Future Growth

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

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.0%

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 (1.9%).

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 (15% per year) is forecast to grow faster than the US market (7.8% per year).

High Growth Revenue: TTI's revenue (15% 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?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


13.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TTI has a large one-off gain of $16.6M impacting its March 31 2022 financial results.

Growing Profit Margin: TTI became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TTI has become profitable over the past 5 years, growing earnings by 13.8% per year.

Accelerating Growth: TTI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TTI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (-1.8%).


Return on Equity

High ROE: TTI's Return on Equity (2.7%) is considered low.


Financial Health

How is TETRA Technologies's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TTI's short term assets ($217.2M) exceed its short term liabilities ($97.0M).

Long Term Liabilities: TTI's short term assets ($217.2M) exceed its long term liabilities ($202.8M).


Debt to Equity History and Analysis

Debt Level: TTI's net debt to equity ratio (113.4%) is considered high.

Reducing Debt: TTI's debt to equity ratio has reduced from 184.8% to 144.1% over the past 5 years.

Debt Coverage: TTI's debt is not well covered by operating cash flow (3.1%).

Interest Coverage: TTI's interest payments on its debt are not well covered by EBIT (0.2x coverage).


Balance Sheet


Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

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.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as TTI has not reported any payouts.


Discover strong dividend paying companies

Management

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

3.7yrs

Average management tenure


CEO

Brady Murphy (61 yo)

4.25yrs

Tenure

US$4,253,926

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 ($USD4.25M) is about average for companies of similar size in the US market ($USD3.85M).

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 (3.7 years average tenure).


Board Members

Experienced Board: TTI's board of directors are considered experienced (6.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: TTI insiders have only sold shares 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 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
  • Implied Market Cap: US$625.745m
  • Shares outstanding: 127.70m
  • Website: https://www.tetratec.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/24 00:00
End of Day Share Price2022/05/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.