TETRA Technologies, Inc. (TTI)

NYSE: TTI · IEX Real-Time Price · USD
3.850
-0.010 (-0.26%)
At close: Feb 27, 2024, 4:00 PM
4.040
+0.190 (4.94%)
After-hours: Feb 27, 2024, 7:13 PM EST
-0.26%
Market Cap 502.10M
Revenue (ttm) 626.26M
Net Income (ttm) 25.78M
Shares Out 130.08M
EPS (ttm) 0.20
PE Ratio 19.25
Forward PE 10.78
Dividend n/a
Ex-Dividend Date n/a
Volume 1,892,647
Open 3.900
Previous Close 3.860
Day's Range 3.840 - 3.940
52-Week Range 2.430 - 6.770
Beta 2.26
Analysts Strong Buy
Price Target 7.50 (+94.81%)
Earnings Date Feb 27, 2024

About TTI

TETRA Technologies, Inc., together with its subsidiaries, operates as an energy services and solutions company. It operates through two segments, Completion Fluids & Products Division and Water & Flowback Services. 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. This segment also... [Read more]

Sector Energy
IPO Date Apr 3, 1990
Employees 1,300
Stock Exchange NYSE
Ticker Symbol TTI
Full Company Profile

Financial Performance

In 2023, TTI's revenue was $626.26 million, an increase of 13.20% compared to the previous year's $553.21 million. Earnings were $25.78 million, an increase of 228.92%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for TTI stock is "Strong Buy." The 12-month stock price forecast is $7.5, which is an increase of 94.81% from the latest price.

Price Target
$7.5
(94.81% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

TETRA TECHNOLOGIES, INC. ANNOUNCES FOURTH QUARTER AND TOTAL YEAR 2023 RESULTS

Fourth quarter revenue of $153.1 million increased 4% year-over-year. Fourth quarter net loss before discontinued operations was $4.2 million and net loss per share was $0.03.

12 hours ago - PRNewsWire

TETRA TECHNOLOGIES, INC. ANNOUNCES DATE OF ITS ANNUAL MEETING OF STOCKHOLDERS

THE WOODLANDS, Texas , Feb. 20, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA") (NYSE:TTI) today announced its 2024 Annual Meeting of Stockholders will be held at 11:00 a.m. Central Time on Tu...

7 days ago - PRNewsWire

TETRA TECHNOLOGIES, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 EARNINGS RELEASE CONFERENCE CALL AND WEBCAST

THE WOODLANDS, Texas , Feb. 1, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced today that it will release fourth quarter and full year 2023 results after ...

26 days ago - PRNewsWire

TETRA TECHNOLOGIES, INC. ANNOUNCES $190 MILLION 6-YEAR FUNDED TERM LOAN TO REFINANCE MATURING DEBT AND A $75 MILLION DELAYED DRAW TERM LOAN TO PROVIDE CAPITAL FOR THE PLANNED BROMINE PROCESSING PROJECT

THE WOODLANDS, Texas , Jan. 15, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) announced that it has entered into a definitive agreement with Silver Point Finance...

6 weeks ago - PRNewsWire

TETRA TECHNOLOGIES, INC., ANNOUNCES COMPLETION OF TECHNICAL RESOURCES STUDY FOR THE ARKANSAS LITHIUM AND BROMINE BRINE UNIT

THE WOODLANDS, Texas , Jan. 8, 2024 /PRNewswire/ --  TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced the completion of a Technical Resources Study ("Report") for its 6,1...

7 weeks ago - PRNewsWire

TETRA TECHNOLOGIES, INC. ANNOUNCES THIRD QUARTER 2023 FINANCIAL RESULTS AND PROVIDES UPDATE ON ARKANSAS BROMINE AND LITHIUM BRINE UNIT

Third quarter revenue of $151.5 million increased 12% year-over-year. Net income before discontinued operations was $5.5 million and net income per share attributable to TETRA stockholders was $0.04, ...

4 months ago - PRNewsWire

TETRA TECHNOLOGIES, INC. ANNOUNCES THIRD QUARTER 2023 EARNINGS RELEASE CONFERENCE CALL AND WEBCAST

THE WOODLANDS, Texas , Oct. 16, 2023 /PRNewswire/ -- October 16, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced today that it will release third quarter ...

4 months ago - PRNewsWire

TETRA TECHNOLOGIES, INC. TO PARTICIPATE IN THE H.C.

THE WOODLANDS, Texas , Sept. 6, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced that its senior management will be presenting at the H.C.

6 months ago - PRNewsWire

THE BENCHMARK COMPANY TO HOST AN EXECUTIVE Q&A SESSION WITH TETRA TECHNOLOGIES, INC.

THE WOODLANDS, Texas , Aug. 2, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced that it will be hosted by Kurt Hallead from The Benchmark Company at ...

7 months ago - PRNewsWire

TETRA TECHNOLOGIES, INC. ANNOUNCES STRONG SECOND QUARTER 2023 RESULTS WITH REVENUE OF $175.5 MILLION, GAAP EPS OF $0.14, GAAP NET INCOME OF $18.2 MILLION AND ADJUSTED EBITDA OF $36.0 MILLION

Second quarter revenue is a record high for the Company, excluding discontinued operations, and increased 25% year-over-year. Net income improved 9 times, or by $16.4 million, year-over-year.

7 months ago - PRNewsWire

TETRA TECHNOLOGIES, INC. ANNOUNCES SECOND QUARTER 2023 EARNINGS RELEASE CONFERENCE CALL AND WEBCAST

THE WOODLANDS, Texas , July 14, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced today that it will release second quarter 2023 results after the closing o...

8 months ago - PRNewsWire

TETRA TECHNOLOGIES, INC. EXPECTS SECOND QUARTER NET INCOME BEFORE TAXES AND DISCONTINUED OPERATIONS AND ADJUSTED EBITDA TO BE ABOVE THE PREVIOUS GUIDANCE AND COMMENCES LITHIUM FEED STUDY ON ARKANSAS BRINE LEASES

THE WOODLANDS, Texas , July 5, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced today that as a result of strong performance by the Company's industrial ca...

8 months ago - PRNewsWire

Exclusive: Exxon Mobil expands lithium bet with Tetra Technologies deal

Exxon Mobil has agreed to develop more than 6,100 lithium-rich acres in Arkansas with Tetra Technologies Inc , the second move this year by the oil giant for control of assets needed to produce the el...

Other symbols: XOM
8 months ago - Reuters

TETRA TECHNOLOGIES, INC. AND SALTWERX, LLC ENTER INTO A MEMORANDUM OF UNDERSTANDING REGARDING A PROPOSED BRINE PRODUCTION UNIT IN THE SMACKOVER FORMATION

THE WOODLANDS, Texas , June 26, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced that it has entered into a Memorandum of Understanding ("MOU") with Saltwe...

8 months ago - PRNewsWire

TETRA TECHNOLOGIES, INC. ANNOUNCES PARTICIPATION IN UPCOMING INVESTOR CONFERENCES

THE WOODLANDS, Texas , May 30, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced that its senior management will be presenting at two upcoming investor conf...

9 months ago - PRNewsWire

TETRA TECHNOLOGIES, INC. ANNOUNCES FIRST QUARTER 2023 REVENUE OF $146 MILLION AND EPS OF $0.05 AND PROVIDES SECOND QUARTER GUIDANCE

THE WOODLANDS, Texas , May 1, 2023 /PRNewswire/ --TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced first-quarter 2023 financial results. Brady Murphy, TETRA President and...

10 months ago - PRNewsWire

TETRA TECHNOLOGIES, INC. ANNOUNCES FIRST QUARTER 2023 EARNINGS RELEASE CONFERENCE CALL AND WEBCAST

TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced today that it will release first quarter 2023 results after the closing of the market on Monday, May 1, 2023. On May 2, 2023, T...

11 months ago - PRNewsWire

TETRA TECHNOLOGIES, INC. TO BE HOSTED BY EF HUTTON IN A Q&A SESSION

THE WOODLANDS, Texas, March 13, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA") (NYSE:TTI) announced that it will be hosted by Tim Moore from  EF Hutton at 1:00 p.m. Central Time on Tuesday, M...

1 year ago - PRNewsWire

TETRA Technologies, Inc. Adopts Tax Benefits Preservation Plan

THE WOODLANDS, Texas , March 1, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) announced today that its Board of Directors has adopted a Tax Benefits Preservation...

1 year ago - PRNewsWire

TETRA TECHNOLOGIES, INC. ANNOUNCES BROMINE PROJECT UPDATES AND COMPLETION OF SK-1300 SECTION 19 REPORT

THE WOODLANDS, Texas , Feb. 27, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) today released on its Investor Relations web site an S-K 1300 Section 19 Report tha...

1 year ago - PRNewsWire

TETRA TECHNOLOGIES, INC. ANNOUNCES FOURTH QUARTER AND TOTAL YEAR 2022 RESULTS

THE WOODLANDS, Texas , Feb. 27, 2023 /PRNewswire/ --TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced fourth quarter and full year 2022 results. Brady Murphy, TETRA's Pres...

1 year ago - PRNewsWire

TETRA TECHNOLOGIES, INC. TO PARTICIPATE IN THE 51st ANNUAL SCOTIA HOWARD WEIL ENERGY CONFERENCE

THE WOODLANDS, Texas , Feb. 27, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced that its senior management will be presenting at the 51st Annual Scotia Ho...

1 year ago - PRNewsWire

TETRA TECHNOLOGIES, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 EARNINGS RELEASE CONFERENCE CALL AND WEBCAST

THE WOODLANDS, Texas , Jan. 20, 2023 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) announced today that it will release fourth quarter and full year 2022 results afte...

1 year ago - PRNewsWire

TETRA TECHNOLOGIES, INC. ANNOUNCES UPDATE ON KEY STRATEGIC INITIATIVES

THE WOODLANDS, Texas , Dec. 19, 2022 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced updates on some of the Company's strategic initiatives. TETRA announ...

1 year ago - PRNewsWire

TETRA TECHNOLOGIES, INC. ANNOUNCES THIRD QUARTER 2022 FINANCIAL RESULTS

THE WOODLANDS, Texas , Oct. 31, 2022 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced third-quarter 2022 financial results. Third-quarter 2022 revenue of ...

1 year ago - PRNewsWire