A Look at TETRA Technologies's Valuation Following Its New Critical Minerals Joint Venture with Magrathea Metals

TETRA Technologies (NYSE:TTI) just took a major step by signing a term sheet with Magrathea Metals to explore joint production of magnesium metal at its Evergreen Project in Arkansas. This move taps into a government-designated critical mineral market and expands TETRA’s position in the U.S. industrial supply chain.

See our latest analysis for TETRA Technologies.

TETRA Technologies has seen significant momentum, with its share price climbing 107% year-to-date and delivering a 98% total shareholder return over the past year. Recent buzz, including strategic moves like the Magrathea partnership and increased visibility at major industry events, is contributing to growing interest as investors take a closer look at the company’s evolving positioning in critical minerals and sustainable energy.

If TETRA’s rapid gains make you curious about what else is gaining steam, it might be the perfect time to broaden your perspective and discover fast growing stocks with high insider ownership

With shares soaring and TETRA rapidly broadening its reach in critical minerals, investors are left to wonder: is the recent momentum a sign of an undervalued opportunity, or is the market already pricing in the next phase of growth?

Most Popular Narrative: 5.6% Undervalued

With a fair value narrative of $8.17 per share, TETRA Technologies is estimated to be trading at a small discount to its intrinsic value, compared to the recent close of $7.71. The narrative’s fair value calculation relies on expected profit and revenue progression, factoring in current business transformation and sector trends.

"Ramp-up in utility-scale energy storage, specifically zinc-bromide electrolyte demand for batteries (Eos partnership), is set to materially impact revenue starting in 2026. This will directly benefit from the global drive for grid resiliency and clean energy solutions, enhancing TETRA's top-line and diversifying away from volatile oilfield spending."

Read the complete narrative.

This narrative relies on bold expectations around battery storage demand and broad sectoral transformation. Want to know which projected shifts and financial metrics might turbocharge that price target? The specifics behind this valuation could surprise you. Dive in for a closer look.

Result: Fair Value of $8.17 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, any slowdown in deepwater completions or delays in large-scale battery storage adoption could challenge TETRA’s trajectory and lead to unexpected volatility.

Find out about the key risks to this TETRA Technologies narrative.

Build Your Own TETRA Technologies Narrative

If you want a different take or would rather analyze the numbers personally, you can craft your own narrative from scratch in just a few clicks, so why not Do it your way

A great starting point for your TETRA Technologies research is our analysis highlighting 2 key rewards and 2 important warning signs that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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