Reported Earnings • Aug 04
Second quarter 2026 earnings released: EPS: US$0.074 (vs US$0.085 in 2Q 2025) Second quarter 2026 results: EPS: US$0.074 (down from US$0.085 in 2Q 2025). Revenue: US$185.7m (up 6.8% from 2Q 2025). Net income: US$10.2m (down 9.4% from 2Q 2025). Profit margin: 5.5% (down from 6.5% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 12% per year. New Risk • Jul 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (51% net debt to equity). Share price has been volatile over the past 3 months (7.8% average weekly change). Profit margins are more than 30% lower than last year (1.3% net profit margin). Duyuru • Jul 14
TETRA Technologies, Inc. to Report Q2, 2026 Results on Aug 03, 2026 TETRA Technologies, Inc. announced that they will report Q2, 2026 results After-Market on Aug 03, 2026 Recent Insider Transactions • Jun 10
Treasurer & VP of Investor Relations recently bought €188k worth of stock On the 9th of June, Kurt Hallead bought around 22k shares on-market at roughly €8.53 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €402k more in shares than they have sold in the last 12 months. Duyuru • May 02
TETRA Technologies, Inc. Maintains Earnings Guidance for 2026 TETRA Technologies, Inc. maintained earnings guidance for 2026. For 2026, revenue outlook remains unchanged with potential for upside if deepwater projects get accelerated or elevated oil and gas prices drive activity increases in the U.S. The company expects to have a better view of the full year as The company go through the second quarter. Total company revenue is expected to increase modestly driven by higher electrolyte sales and the execution of long-term contracts for early production facilities ("EPFs") in Argentina. Duyuru • Apr 10
TETRA Technologies, Inc., Annual General Meeting, May 22, 2026 TETRA Technologies, Inc., Annual General Meeting, May 22, 2026. Location: corporate headquarters, 10000 energy drive, texas 77389, spring United States Duyuru • Apr 08
TETRA Technologies, Inc. to Report Q1, 2026 Results on Apr 29, 2026 TETRA Technologies, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2026 Duyuru • Feb 02
TETRA Technologies, Inc. to Report Q4, 2025 Results on Feb 25, 2026 TETRA Technologies, Inc. announced that they will report Q4, 2025 results After-Market on Feb 25, 2026 Duyuru • Oct 14
TETRA Technologies, Inc. to Report Q3, 2025 Results on Oct 28, 2025 TETRA Technologies, Inc. announced that they will report Q3, 2025 results After-Market on Oct 28, 2025 Duyuru • Sep 23
TETRA Technologies, Inc. Announces Resource Upgraded for Arkansas Brine Project and Additional Critical Minerals TETRA Technologies, Inc. announced an updated resources report prepared in accordance with Regulation S-K 1300: Definitive Feasibility Study ("DFS"). RESPEC loop Company, LLC ("RESPEC") prepared the Technical Report Summary dated September 22, 2025 (the " Resource Report") as an update to its August 2024 resources and reserves report and incorporates the results of the DFS, including bromine reserve determinations, as of August 1, 2025. Highlights from the updated Resource Report include: TETRA's expanded Evergreen Unit Bromine Resources (Measured and Indicated) increased by 173% and total 431 k tons from the previously reported 158 k tons. Proven and probable bromine reserves remain consistent with the prior report of 744 k tons. See cautionary note concerning estimates of Mineral Resources and Reserves. The upgraded lithium resources in Evergreen Unit, as well as the positive announcement from Smackover Lithium (discussed below), are also very encouraging. TETRA currently owns mineral rights to approximately 40,000 acres of brine leases in Southwest Arkansas, which contain bromine, lithium, magnesium, manganese, and other key minerals. Although bromine is the initial target for TETRA's commercial project as outlined in the DFS report, lithium, magnesium, and manganese have been designated as critical minerals by the U.S. government and will be present in TETRA's future brine production along with the bromine. The various acres and units where TETRA holds brine interests and mineral rights are summarized below. Please visit the Investors section at view it. Company Overview: TETRA Technologies, Inc. is an energy services and solutions company focused on developing environmentally conscious services and solutions that help make people's lives better. With operations on six continents, the Company's portfolio consists of Energy Services, Industrial Chemicals, and Critical Minerals. The estimation of inferred resources involves far greater uncertainty as to their existence and economic viability than the estimation of other categories of resources, and therefore it cannot be assumed that all or any part of inferred resources will ever be upgraded to a higher category. Further, it is uncertain if all such measured, indicated and inferred mineral resources will ever be economically developed. Investors are cautioned that mineral resources do not have demonstrated economic value and further exploration may not result in the estimation of a mineral reserve. In addition, resource and reserve estimation is a process of estimating underground accumulations of minerals that cannot be measured in an exact way. Factors which may cause actual results to differ materially from current expectations include, but are not limited to: changes in general economic conditions; opportunity risks, such as mineral extraction, demand therefor, or realizing industrial and other benefits expected from bromine processing; ability to develop a bromine processing facility and risks inherent in the construction such facility; the accuracy of resources report, feasibility study and economic assessment regarding lithium and bromine acreage; equipment supply, equipment defects and/or ability to timely obtain equipment components; competition from existing or new competitors; risks associated with the potential of bromine and lithium resources are associated with the bromine reserves and reserves. Duyuru • Jul 30
TETRA Technologies, Inc. Provides Earnings Guidance for the Full Year 2025 TETRA Technologies, Inc. provided earnings guidance for the full year 2025. For the full year 2025, TETRA expects GAAP net income before taxes to be between $21 million and $34 million, and revenue to be between $610 million and $630 million. These guidance ranges are subject to risks associated with schedule delays for completion fluid projects, hurricane disruptions in the Gulf of America, changes to oil and gas company spending plans, lower than expected U.S. land-based drilling and frac activity levels, and macro impacts from U.S. tariffs. Duyuru • Jul 08
TETRA Technologies, Inc. to Report Q2, 2025 Results on Jul 29, 2025 TETRA Technologies, Inc. announced that they will report Q2, 2025 results After-Market on Jul 29, 2025 Duyuru • Jun 13
Tetra Technologies, Inc. Announces the Appointment of Julia A Sloat as Director and Reconstitution of Committees Tetra Technologies, Inc. at its AGM held on June 12, 2025, approved the appointment of Julia A Sloat as director and Mark E. Baldwin’s service as a director concluded upon the expiration of his term at the Annual Meeting. The constitution of Audit Committee: Christian A. Garcia as Chair, Angela D. John, Julia A. Sloat, Shawn D. Williams. Human Capital Management and Compensation Committee: Thomas R. Bates, Jr.as Chair,Sharon B. McGee,Shawn D. Williams, Nominating, Governance and Sustainability Committee: Sharon B. McGee, Chair, Angela D. John, Julia A. Sloat. Duyuru • Apr 30
TETRA Technologies, Inc. Revises Earnings Guidance for the First Half Ending June 30, 2025 TETRA Technologies, Inc. revised earnings guidance for the first half ending June 30, 2025. For the period, the company revised revenue guidance to be between $315 million and $345 million (previously $325 million to $355 million). Duyuru • Apr 28
TETRA Technologies, Inc., Annual General Meeting, Jun 12, 2025 TETRA Technologies, Inc., Annual General Meeting, Jun 12, 2025. Location: 24955 interstate 45 north, the woodlands, texas, United States Duyuru • Apr 24
TETRA Technologies, Inc. Completes the Drilling and Sampling Operations of an Additional Test Well in the Evergreen Unit TETRA Technologies, Inc. recently completed the drilling and sampling operations of an additional test well in the Evergreen Unit with very encouraging results. With the Evergreen Unit expansion approved and the additional test well results, the reservoir engineering model will be updated to reflect new resource volumes for bromine and lithium in the coming weeks. In addition to the rich volumes of bromine and lithium in The expanded Evergreen Unit, recent test well results have shown encouraging levels of magnesium and manganese, which are on the U.S. list of critical minerals and which are largely supplied from countries outside the U.S. Given TETRA's progress with mineral extraction from produced water, the Company is evaluating extraction technologies and development of these additional minerals, including engineering studies. It is encouraging that all these minerals, three of which are on the U. S. critical minerals list, may be produced from the same brine that will be developed first for TETRA's bromine project requirements. TETRA is expected to publish an updated resource study prepared by the Company's qualified person identifying the incremental volumes of bromine and Lithium in the expanded Evergreen Unit. Standard Lithium recently announced a joint venture agreement with Equinor to develop the TETRA option acreage to produce brine for lithium extraction. Duyuru • Apr 11
TETRA Technologies, Inc. to Report Q1, 2025 Results on Apr 29, 2025 TETRA Technologies, Inc. announced that they will report Q1, 2025 results After-Market on Apr 29, 2025 Duyuru • Mar 25
TETRA Technologies, Inc. Announces Not Stand for Re-Election of Mark E. Baldwin as Independent Director TETRA Technologies, Inc. is disclosing that independent director Mark E. Baldwin has decided to not stand for re-election and retire at the Annual Meeting. Mr. Baldwin has served as an independent director and Chair of the Audit Committee since 2014, during which time he has brought valuable experience in areas such as finance, operations and transactions. Duyuru • Mar 24
Bradley L. Radoff Issues an Open Letter to TETRA Technologies Board On March 24, 2025, Bradley L. Radoff and Michael Torok announced that they have issued an open letter to TETRA Technologies, Inc board, announced that they have nominated 4 director candidates Simon Bates, Evan Behrens, Bradley L. Radoff and Andrew K. Ruben for election to the Company's Board of Directors in in connection with the 2025 Annual Meeting of Stockholders. Bradley L. Radoff and Michael Torok criticized the current board for underperformance, lack of strategy, poor governance, and failed succession planning, believe the board is more focused on preserving the seats of certain directors rather than addressing the company's strategic and governance issues. In addition, Bradley L. Radoff and Michael Torok suggested forming a Strategy Committee, divesting underperforming parts of the business, and addressing capital allocation and succession planning to unlock value for stockholders. Duyuru • Feb 26
TETRA Technologies, Inc. Provides Earnings Guidance for the First Half Ending June 30, 2025 TETRA Technologies, Inc. provided earnings guidance for the first half ending June 30, 2025. For the period, the company expects Revenue of $325,000,000 - $355,000,000. Duyuru • Feb 01
TETRA Technologies, Inc. to Report Q4, 2024 Results on Feb 25, 2025 TETRA Technologies, Inc. announced that they will report Q4, 2024 results After-Market on Feb 25, 2025 Duyuru • Dec 17
TETRA Technologies, Inc. Introduces TETRA Oasis Total Designation Solution (Tetra Oasis TDS) and Results from Permi Basin Financial Re-Use Pilot TETRA Technologies, Inc. announced the commercial launch of TETRA Oasis TDS, an end-to-end water treatment and desalination technology for beneficial re-use and mineral extraction applications for oil and gas well produced water. TETRA also recently completed a commercial pilot project for the desalination of Delaware Basin produced water for a major North America oil and gas operator. The desalinated water was tested against published Texas Railroad Commission (‘TRRC’) standards for beneficial re-use water at both TETRA's laboratory and an independent third-party laboratory. Subsequently, the treated water was sent to a third party for Whole Effluent Toxicity (‘WET’) testing where it successfully passed all test parameters. WET testing is a method used to measure the combined toxic effects of all pollutants on aquatic organisms and involves exposing aquatic organisms to treated wastewater samples and observing how the organisms respond. The tests can be acute or chronic and measure different aspects of the organisms' health. WET testing is a vital component to implementing water quality standards under the National Pollutant Discharge Elimination System (‘NPDES’) permits program. TETRA Oasis TDS is a proprietary end-to-end offering that involves a variety of processing stages starting with operator's oil and gas well produced water as feed brine for a pre-treatment step. TETRA has developed extensive experience and expertise over the past six years in the treatment and recycling of produced water for frac re-use, as demonstrated by having treated in the fourth quarter, 2024 a record peak volume of over 800,000 bbl/day. This experience has advanced TETRA's chemistry know-how in addressing a wide variability of produced water constituents, including dealing with organic compounds that would otherwise be destructive to membranes used in other industries to desalinate water. The critical pre-treatment first step is followed by the desalination stage through two technologies licensed exclusively to TETRA for oil and gas produced water applications, KMX Technologies Inc., ("KMX") Vacuum Membrane Distillation ("VMD") or Hyrec Holdings Company W.L.L. ("Hyrec") Osmotically Assisted Reverse Osmosis ("OARO"), or a combination of both. The selection of which technology or combination thereof depends, in part, on the total dissolved solids of the feed water, the end use application, and optimizing both the capital and operating costs of the process. The final stage is a post-treatment process designed to meet customer water specifications and may involve extraction of minerals, which TETRA's chemical business has been doing for many years, and potentially significantly improving the economic benefits. TETRA Oasis TDS was successfully proven in the field to deliver a water quality that achieves or exceeds regulatory requirements in a cost-effective manner for multiple beneficial re-use applications, including potential surface irrigation and industrial uses. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €3.30, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 7x in the Energy Services industry in Europe. Total returns to shareholders of 8.6% over the past three years. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: US$0.022 (vs US$0.042 in 3Q 2023) Third quarter 2024 results: EPS: US$0.022 (down from US$0.042 in 3Q 2023). Revenue: US$141.7m (down 6.4% from 3Q 2023). Net income: US$2.83m (down 48% from 3Q 2023). Profit margin: 2.0% (down from 3.6% in 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Duyuru • Oct 10
TETRA Technologies, Inc. to Report Q3, 2024 Results on Oct 29, 2024 TETRA Technologies, Inc. announced that they will report Q3, 2024 results After-Market on Oct 29, 2024 Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €2.98, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Energy Services industry in Europe. Total returns to shareholders of 18% over the past three years. Duyuru • Sep 11
TETRA Technologies, Inc. Announces Executive Changes On September 4, 2024, Richard D. O’Brien, Vice President-Finance, Global Controller, Assistant Treasurer, and Principal Accounting Officer of TETRA Technologies, Inc., tendered his resignation, effective September 19, 2024, in order to pursue another career opportunity. Mr. O’Brien’s decision to leave the Company is not a result of any dispute or disagreement with the Company on any matter related to the Company’s operations, policies or practices. Commencing September 19, 2024 Elijio V. Serrano, the Company’s Senior Vice President, Chief Financial Officer, and Principal Financial Officer will also serve as the Company’s Principal Accounting Officer in addition to his current responsibilities. Mr. Serrano, 66, joined the Company as Senior Vice President and Chief Financial Officer in August 2012. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €2.90, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 8x in the Energy Services industry in Europe. Total returns to shareholders of 3.9% over the past three years. New Risk • Aug 01
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 31% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin). Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: US$0.058 (vs US$0.14 in 2Q 2023) Second quarter 2024 results: EPS: US$0.058 (down from US$0.14 in 2Q 2023). Revenue: US$171.9m (down 2.0% from 2Q 2023). Net income: US$7.64m (down 58% from 2Q 2023). Profit margin: 4.4% (down from 10% in 2Q 2023). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €3.32, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Energy Services industry in Europe. Total returns to shareholders of 28% over the past three years. Duyuru • Jul 12
TETRA Technologies, Inc. to Report Q2, 2024 Results on Jul 31, 2024 TETRA Technologies, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Jul 31, 2024 New Risk • Jun 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). Reported Earnings • May 01
First quarter 2024 earnings released: EPS: US$0.007 (vs US$0.047 in 1Q 2023) First quarter 2024 results: EPS: US$0.007 (down from US$0.047 in 1Q 2023). Revenue: US$151.0m (up 3.3% from 1Q 2023). Net income: US$915.0k (down 85% from 1Q 2023). Profit margin: 0.6% (down from 4.1% in 1Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 17
TETRA Technologies, Inc. to Report Q1, 2024 Results on Apr 30, 2024 TETRA Technologies, Inc. announced that they will report Q1, 2024 results After-Market on Apr 30, 2024 Duyuru • Mar 21
Tetra Technologies, Inc. Announces Board Changes TETRA Technologies, Inc. announced that its Board of Directors has appointed Angela D. John as a member of the Board of Directors, effective March 20, 2024. With nearly 30 years of experience with BP and Williams, including senior executive business and strategy leadership roles, Ms. John brings great industry and energy transition experience to TETRA. Ms. John will serve as an independent director and a member of the Audit Committee and the Nominating, Governance and Sustainability Committee of the board, effective as of her appointment to the board. In addition, Gina A. Luna, a current member of its Board of Directors, will let her current term expire to enable her to focus on her other commitments. She will remain on the Board until the end of her term at the 2024 annual meeting of stockholders and, as such, Ms. Luna is not standing for election at the 2024 annual meeting. Ms. John provides advisory services in the energy industry, primarily focused on clean energy business development and commercialization strategies. Most recently, Ms. John was the Director of Innovation and Strategy for New Energy Ventures with The Williams Companies, Inc. Prior to that, Ms. John held a number of leadership roles within BP p.l.c. over a 27-year period, including Vice President, Marketing and Supply, NGLs, Senior Vice President Marketing and Origination, and most recently, as Director of Structured Products where she focused on renewable fuels development. Ms. John has served on the board of Parkland Corporation since August 2021 and serves on its environmental, safety, and sustainability committee and its human resources and compensation committee. Ms. John earned a Master of Business Administration from Northwestern University'sKellogg School of Management, and a Bachelor of Science in Chemical Engineering from the University of Houston. Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: US$0.20 (vs US$0.06 in FY 2022) Full year 2023 results: EPS: US$0.20 (up from US$0.06 in FY 2022). Revenue: US$626.3m (up 13% from FY 2022). Net income: US$25.5m (up 234% from FY 2022). Profit margin: 4.1% (up from 1.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Duyuru • Feb 21
TETRA Technologies, Inc., Annual General Meeting, May 21, 2024 TETRA Technologies, Inc., Annual General Meeting, May 21, 2024, at 11:00 Central Standard Time. Location: Corporate Headquarters located at 24955 Interstate 45 North in United States Duyuru • Feb 02
TETRA Technologies, Inc. to Report Q4, 2023 Results on Feb 27, 2024 TETRA Technologies, Inc. announced that they will report Q4, 2023 results After-Market on Feb 27, 2024 Duyuru • Jan 08
TETRA Technologies, Inc. Announces Completion of Technical Resources Study for the Arkansas Lithium and Brine Unit TETRA Technologies, Inc. announced the completion of a Technical Resources Study ("Report") for its 6,138 acre "Evergreen Brine Unit" in Arkansas. TETRA previously announced the Evergreen Brine Unit comprises brine assets contributed by TETRA and Saltwerx, LLC, a wholly owned subsidiary of ExxonMobil ("Saltwerx"), that was unanimously approved in September 2023 by the Arkansas Oil and Gas Commission ("AOGC") to form the first newly established brine unit in Arkansas in nearly 28 years. TETRA had previously announced the results of its maiden inferred resources report on its 5,100 gross acres proposed unit. The Report that is being announced further advances the resources and includes both "measured" and "indicated" resources in addition to the "inferred" category, reflecting higher confidence in the existence of the resources evaluated by the Report. The Report estimated that the Evergreen Brine Unit contains the following: 1,413,000 tons of elemental bromine consisting of approximately: 329,000 tons of Measured Resources; 543,000 tons of Indicated Resources; 541,000 tons of Inferred Resources; 137,000 tons of lithium consisting of approximately: 32,000 tons of Measured resources; 53,000 tons of Indicated resources; 52,000 tons of Inferred resources. Using a conversion factor of 5.323 to convert elemental lithium to lithium carbonate equivalent (LCE) it is estimated to contain in total 729,251 tons of LCE. Mineral resources are estimates and therefore, inherently imprecise, and dependent upon a number of assumptions, which are further discussed in the Report. The resources estimates and brine ownership percentages in the Report are consistent with and assume completion of existing contractual obligations. Following the drilling and completion of a second test well within the Evergreen Brine Unit and utilizing information available from Standard Lithium wells near the Evergreen Brine Unit, the Report was completed and submitted by RESPEC Company LLC ("RESPEC") with geological and reservoir technical support provided by Lonquist Engineering ("Lonquist"). RESPEC is a leading consulting firm to the mining & energy, water and natural resources industries. The second test well was completed in August 2023 and provided additional reservoir information, including lithium and bromine fluid analysis, reservoir pressures and thickness, porosity, and permeability, amongst other information to meet the higher quality resource standards in this Report. An extensive well test was also completed on the well which provided brine deliverability information consistent with the planned and modelled flow rates from future production wells. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €4.22, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 9x in the Energy Services industry in Europe. Total returns to shareholders of 809% over the past three years. Reported Earnings • Oct 31
Third quarter 2023 earnings released: EPS: US$0.042 (vs US$0 in 3Q 2022) Third quarter 2023 results: EPS: US$0.042 (up from US$0 in 3Q 2022). Revenue: US$151.5m (up 12% from 3Q 2022). Net income: US$5.47m (up US$5.51m from 3Q 2022). Profit margin: 3.6% (up from 0% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has increased by 121% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Oct 17
TETRA Technologies, Inc. to Report Q3, 2023 Results on Oct 30, 2023 TETRA Technologies, Inc. announced that they will report Q3, 2023 results After-Market on Oct 30, 2023 Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €4.78, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 10x in the Energy Services industry in Europe. Total returns to shareholders of 828% over the past three years. Reported Earnings • Aug 01
Second quarter 2023 earnings released: EPS: US$0.14 (vs US$0.014 in 2Q 2022) Second quarter 2023 results: EPS: US$0.14 (up from US$0.014 in 2Q 2022). Revenue: US$175.5m (up 25% from 2Q 2022). Net income: US$18.2m (up US$16.4m from 2Q 2022). Profit margin: 10% (up from 1.3% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 89% per year, which means it is significantly lagging earnings growth. Duyuru • Jul 15
TETRA Technologies, Inc. to Report Q2, 2023 Results on Jul 31, 2023 TETRA Technologies, Inc. announced that they will report Q2, 2023 results After-Market on Jul 31, 2023 Buying Opportunity • Jul 07
Now 20% undervalued Over the last 90 days, the stock is up 25%. The fair value is estimated to be €3.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 16% in a year. Earnings is forecast to grow by 501% in the next year. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to €3.08, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Energy Services industry in Europe. Total returns to shareholders of 504% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.86 per share. Duyuru • May 27
TETRA Technologies, Inc. Announces Board Changes TETRA Technologies, Inc. announced that at its AGM held on May 24, 2023, the shareholders approved election of Christian A. Garcia as board of director. Following the Annual Meeting, John F. Glick was reappointed as Chairman of the Board. In addition, following the Annual Meeting the committees of the Board were reconstituted as follows: Audit Committee: Mark E. Baldwin, Chairman; Christian A. Garcia; Gina A. Luna; Shawn D. Williams. Human Capital Management and Compensation Committee: Thomas R. Bates, Jr., Chairman; Sharon B. McGee; Shawn D. Williams. Nominating, Governance and Sustainability Committee: Gina A. Luna, Chairman; Christian A. Garcia; Sharon B. McGee. Reported Earnings • May 02
First quarter 2023 earnings released: EPS: US$0.047 (vs US$0.061 in 1Q 2022) First quarter 2023 results: EPS: US$0.047 (down from US$0.061 in 1Q 2022). Revenue: US$146.2m (up 12% from 1Q 2022). Net income: US$6.05m (down 22% from 1Q 2022). Profit margin: 4.1% (down from 5.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 67% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €2.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Energy Services industry in Europe. Total returns to shareholders of 647% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.62 per share. Recent Insider Transactions • Mar 09
Senior VP & CFO recently bought €98k worth of stock On the 7th of March, Elijio Serrano bought around 30k shares on-market at roughly €3.26 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Elijio's only on-market trade for the last 12 months. Reported Earnings • Mar 01
Full year 2022 earnings released: EPS: US$0.06 (vs US$0.14 loss in FY 2021) Full year 2022 results: EPS: US$0.06 (up from US$0.14 loss in FY 2021). Revenue: US$553.2m (up 43% from FY 2021). Net income: US$7.64m (up US$24.7m from FY 2021). Profit margin: 1.4% (up from net loss in FY 2021). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth. Duyuru • Jan 21
TETRA Technologies, Inc. to Report Q4, 2022 Results on Feb 27, 2023 TETRA Technologies, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 27, 2023 Buying Opportunity • Nov 03
Now 28% undervalued Over the last 90 days, the stock is up 14%. The fair value is estimated to be €5.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 30% in 2 years. Earnings is forecast to grow by 442% in the next 2 years. Reported Earnings • Nov 02
Third quarter 2022 earnings released: EPS: US$0 (vs US$0.02 in 3Q 2021) Third quarter 2022 results: EPS: US$0 (down from US$0.02 in 3Q 2021). Revenue: US$135.0m (up 41% from 3Q 2021). Net loss: US$41.0k (down 102% from profit in 3Q 2021). Profit margin: 0% (down from 2.6% in 3Q 2021). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Duyuru • Oct 15
TETRA Technologies, Inc. to Report Q3, 2022 Results on Oct 31, 2022 TETRA Technologies, Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Oct 31, 2022 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €3.37, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Energy Services industry in Europe. Total returns to shareholders of 81% over the past three years. Duyuru • Sep 23
Tetra Technologies, Inc. Announces the Completion of Its Maiden Inferred Bromine and Lithium Brine Resource Estimation Report for Its Brine Minerals Leased Acreage in the Smackover Formation in Southwest Arkansas TETRA Technologies, Inc. announced the completion of its maiden inferred bromine and lithium brine resource estimation report for its brine minerals leased acreage in the Smackover Formation in Southwest Arkansas. The technical report summary, which is available in its entirety on TETRA's website Investor Relations - Presentations, reflects the following: The brine resource underlying the approximately 40,000 gross acres where TETRA holds the bromine mineral rights is estimated to contain an inferred resource of 5.25 million short tons (4.763 million metric tonnes) of elemental bromine; and The brine resource underlying the approximately 5,000 gross acres where TETRA holds lithium mineral rights that are not subject to a lithium option agreement with Standard Lithium, is estimated to contain an inferred resource of 44,000 short tons (40,000 metric tonnes) of elemental lithium. Using a conversion factor of 5.323 to convert elemental lithium to Lithium Carbonate Equivalent (LCE) it is estimated to contain 234,000 short tons of LCE (212,000 metric tonnes of LCE). The maiden TETRA bromine and lithium brine resource estimations are presented as total resource within the Upper Smackover Member underlying the TETRA property. Resource estimations were completed and reported using cutoffs of 250 mg/liter bromine and 50 mg/liter lithium. Duyuru • Sep 07
Tetra Technologies, Inc. Announces Executive Changes TETRA Technologies, Inc. announced changes in its senior management with the promotion of Matt Sanderson, to Executive Vice President and Chief Commercial Officer and the addition of Roy McNiven, who will be joining TETRA as Senior Vice President, Energy Services Operations. In his new role, Matt Sanderson will be responsible for leading the business development, technology, marketing, and corporate development functions of the company to develop and execute on the key company growth strategies. This will include evolving partnerships to accomplish objectives in a growing oil and gas market as well as those to support lithium and bromine opportunities through the development of Arkansas resources. Since December 2016, Matt served as TETRA's Senior Vice President responsible for its Water and Flowback Services and its Completion Fluids and Products divisions. As a former Senior Vice President of Operations and Manufacturing at CSI Compressco LP, Roy McNiven is well known to TETRA as a proven and strong business leader with significant oil & gas services experience. He previously served as Vice President of Services and Rental Operations at Canrig, a division of Nabors Industries Ltd, and Vice President of Products and Services at TESCO Corporation. Roy will be focused on Energy Services operations and to continue to build upon positions for both Water and Flowback and Completion Fluids and Products. Reported Earnings • Aug 02
Second quarter 2022 earnings released: EPS: US$0.014 (vs US$0.052 loss in 2Q 2021) Second quarter 2022 results: EPS: US$0.014 (up from US$0.052 loss in 2Q 2021). Revenue: US$140.7m (up 38% from 2Q 2021). Net income: US$1.78m (up US$8.41m from 2Q 2021). Profit margin: 1.3% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 18%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth. Duyuru • Jul 16
TETRA Technologies, Inc. to Report Q2, 2022 Results on Aug 01, 2022 TETRA Technologies, Inc. announced that they will report Q2, 2022 results at 4:00 PM, US Eastern Standard Time on Aug 01, 2022 Duyuru • Jun 26
TETRA Technologies, Inc.(NYSE:TTI) dropped from Russell 2000 Value Index TETRA Technologies, Inc.(NYSE:TTI) dropped from Russell 2000 Value Index Duyuru • May 27
TETRA Technologies, Inc. Announces Board Changes TETRA Technologies, Inc. announced that William D. Sullivan retired from TETRA's board of directors and as its chairman at the conclusion of the May 24, 2022 annual meeting. The board unanimously appointed John "Jay" F. Glick to succeed Sullivan as board chair, effective May 24, 2022. Reported Earnings • May 04
First quarter 2022 earnings released: EPS: US$0.061 (vs US$0.097 loss in 1Q 2021) First quarter 2022 results: EPS: US$0.061 (up from US$0.097 loss in 1Q 2021). Revenue: US$130.0m (up 68% from 1Q 2021). Net income: US$7.74m (up US$20.0m from 1Q 2021). Profit margin: 5.9% (up from net loss in 1Q 2021). Over the next year, revenue is forecast to grow 22%, compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 15
TETRA Technologies, Inc. to Report Q1, 2022 Results on May 02, 2022 TETRA Technologies, Inc. announced that they will report Q1, 2022 results After-Market on May 02, 2022 Reported Earnings • Mar 02
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: US$0.14 loss per share (down from US$0.17 profit in FY 2020). Revenue: US$388.3m (up 2.8% from FY 2020). Net loss: US$17.1m (down 182% from profit in FY 2020). Revenue exceeded analyst estimates by 1.3%. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 9% per year. Duyuru • Feb 25
TETRA Technologies, Inc., Annual General Meeting, May 24, 2022 TETRA Technologies, Inc., Annual General Meeting, May 24, 2022, at 11:00 Central Standard Time. Location: 24955 Interstate 45 North The Woodlands Texas United States Duyuru • Feb 08
TETRA Technologies, Inc. Appoints Sharon Booth Mcgee as Member of the Board of Directors TETRA Technologies, Inc. announced that its Board of Directors has appointed Sharon Booth McGee as a member of the Board of Directors, effective February 7, 2022. Ms. McGee will serve as an independent director and a member of the Nominating, Governance and Sustainability Committee and the Human Capital Management and Compensation Committee of the board. Board Change • Jan 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Shawn Williams was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 09
Insider recently sold €83k worth of stock On the 5th of November, Richard O’Brien sold around 25k shares on-market at roughly €3.31 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €39k more than they sold in the last 12 months. Reported Earnings • Nov 02
Third quarter 2021 earnings released: EPS US$0.02 (vs US$0.10 loss in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: US$95.5m (down 37% from 3Q 2020). Net income: US$2.50m (up US$15.6m from 3Q 2020). Profit margin: 2.6% (up from net loss in 3Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 04
Tetra Technologies, Inc. Announces Preliminary Exploration Lithium and Bromine Targets from Tetra's Arkansas Smackover Formation Leases TETRA Technologies, Inc. reported that it has a completed a preliminary technical assessment by an independent geological consulting firm to assess lithium and bromine exploration targets of the Company's approximately 31,100 net acres of brine leases in the Smackover Formation in Southwest Arkansas. TETRA has rights to the brine, including rights to the bromine and lithium contained in the brine underlying this acreage, pursuant to certain brine leases and brine deeds with various landowners. With respect to approximately 27,500 acres of that total acreage, TETRA had previously entered into an option agreement with Standard Lithium whereby Standard Lithium Ltd. has an option to acquire lithium rights. Standard Lithium must make annual cash payments to TETRA to maintain the option to acquire the lithium rights. Pursuant to the option agreement, after Standard Lithium initiates commercial production, a royalty payment replaces the annual cash payments. The scope of the exploration target assessment is for bromine in all the approximately 31,100 net acres and lithium for the acreage where TETRA holds 100% of the lithium rights not subject to the option. For bromine, the technical assessment has identified a brine exploration target estimated to contain between 2.54 and 8.58 million tons of elemental bromine and for lithium the exploration target estimated to contain between 16,000 and 53,000 tons of elemental lithium. Using an elemental to Lithium Carbonate Equivalent ("LCE") conversion of 5.323, the lithium amounts to between 85,000 and 286,000 tons of LCE. The current market price of LCE is approximately $12,500 per ton, and the current market price of bromine is approximately $3,174 per ton in the U.S. and $7,882 per ton in China. The market price of lithium and bromine is volatile and may change materially in the future. Reported Earnings • Aug 03
Second quarter 2021 earnings released: US$0.052 loss per share (vs US$0.17 loss in 2Q 2020) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: US$102.3m (down 47% from 2Q 2020). Net loss: US$6.63m (loss narrowed 69% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Executive Departure • Jun 04
Independent Director Paul Coombs has left the company On the 26th of May, Paul Coombs' tenure as Independent Director ended after 27.0 years in the role. As of March 2021, Paul still personally held 925.55k shares (€1.9m worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.25 years. Executive Departure • Jun 04
Independent Director Joseph Winkler has left the company On the 26th of May, Joseph Winkler's tenure as Independent Director ended after 5.8 years in the role. As of March 2021, Joseph still personally held 80.01k shares (€168k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.25 years. Recent Insider Transactions • May 15
Independent Director recently bought €41k worth of stock On the 10th of May, Thomas Bates bought around 15k shares on-market at roughly €2.75 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €578k more in shares than they have sold in the last 12 months. Reported Earnings • May 07
First quarter 2021 earnings released: US$0.10 loss per share (vs US$0.011 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: US$77.3m (down 65% from 1Q 2020). Net loss: US$12.6m (loss widened US$11.2m from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • May 01
Investor sentiment improved over the past week After last week's 16% share price gain to US$2.33, the stock trades at a trailing P/E ratio of 15.4x. Average forward P/E is 12x in the Energy Services industry in Europe. Total loss to shareholders of 33% over the past three years. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improved over the past week After last week's 17% share price gain to US$2.38, the stock is trading at a trailing P/E ratio of 17.1x, up from the previous P/E ratio of 14.6x. This compares to an average P/E of 13x in the Energy Services industry in Europe. Total return to shareholders over the past three years is a loss of 23%. Is New 90 Day High Low • Mar 09
New 90-day high: €2.24 The company is up 209% from its price of €0.72 on 09 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.22 per share. Reported Earnings • Feb 26
Full year 2020 earnings released: US$0.21 loss per share (vs US$1.09 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: US$377.7m (down 64% from FY 2019). Net loss: US$27.0m (loss narrowed 80% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 26
Revenue misses expectations Revenue missed analyst estimates by 44%. Over the next year, revenue is expected to shrink by 4.4% compared to a 11% decline forecast for the Energy Services industry in Germany. 
