TETRA Technologies
Market Cap
US$333.1m
Last Updated
2021/04/12 22:10 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
Rewards
Risk Analysis
Snowflake Analysis
Fair value with acceptable track record.
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 more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: TTI's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
-5.9%
TTI
-4.0%
US Energy Services
0.9%
US Market
1 Year Return
876.9%
TTI
73.5%
US Energy Services
57.9%
US Market
Return vs Industry: TTI exceeded the US Energy Services industry which returned 73.5% over the past year.
Return vs Market: TTI exceeded the US Market which returned 57.9% over the past year.
Shareholder returns
| TTI | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.9% | -4.0% | 0.9% |
| 30 Day | -14.8% | -14.5% | 2.3% |
| 90 Day | 126.8% | -4.7% | 6.3% |
| 1 Year | 876.9%876.9% | 80.5%73.5% | 60.8%57.9% |
| 3 Year | -28.0%-28.0% | -53.9%-58.2% | 64.5%53.9% |
| 5 Year | -64.2%-64.2% | -51.5%-59.9% | 120.9%96.4% |
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
1 month ago | Simply Wall St
We Think You Should Be Aware Of Some Concerning Factors In TETRA Technologies' (NYSE:TTI) Earnings2 months ago | Simply Wall St
What Kind Of Investors Own Most Of TETRA Technologies, Inc. (NYSE:TTI)?3 months ago | Simply Wall St
Have Insiders Been Buying TETRA Technologies, Inc. (NYSE:TTI) Shares?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 ($2.54) is trading below our estimate of fair value ($12.14)
Significantly Below Fair Value: TTI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TTI's PE Ratio (15.3x) is in line with the US Energy Services industry average.
PE vs Market: TTI is good value based on its PE Ratio (15.3x) compared to the US market (22.3x).
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 has negative assets, so we can't compare its PB Ratio to the US Energy Services industry average.
Future Growth
How is TETRA Technologies forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
5.2%
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 (5.2% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: TTI's revenue (5.2% 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?
25.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TTI has high quality earnings.
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 25.6% 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 (22.4%).
Return on Equity
High ROE: TTI's Return on Equity (-37.8%) is considered low.
Financial Health
How is TETRA Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: TTI's short term assets ($931.5M) exceed its short term liabilities ($798.1M).
Long Term Liabilities: TTI's short term assets ($931.5M) exceed its long term liabilities ($263.7M).
Debt to Equity History and Analysis
Debt Level: TTI's debt to equity ratio (281.3%) is considered high.
Reducing Debt: TTI's debt to equity ratio has increased from 167% to 281.3% over the past 5 years.
Debt Coverage: TTI's debt is well covered by operating cash flow (38.5%).
Interest Coverage: Insufficient data to determine if TTI's interest payments on its debt are well covered by EBIT.
Balance Sheet
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?
3.2yrs
Average management tenure
CEO
Brady Murphy (59 yo)
1.92yrs
Tenure
US$2,853,885
Compensation
Mr. Brady M. Murphy has been President of CSI Compressco GP Inc., the General Partner of CSI Compressco LP since November 1, 2019 and served as its Interim President since July 22, 2019 until November 1, 2...
CEO Compensation Analysis
Compensation vs Market: Brady's total compensation ($USD2.85M) is above average for companies of similar size in the US market ($USD1.52M).
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 (3.2 years average tenure).
Board Members
Experienced Board: TTI's board of directors are considered experienced (5.9 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$333.052m
- Shares outstanding: 126.64m
- 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/12 22:10 |
| End of Day Share Price | 2021/04/12 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.