Overview
Energy services firm's Q4 revenue rose 9%, beating analyst expectations
Adjusted EPS for Q4 met analyst expectations
Company completed phase 1 of Arkansas bromine project on time and under budget
Outlook
Tetra expects modest revenue growth in 2026 driven by electrolyte business and Argentina contracts
Company anticipates Completion Fluids & Products EBITDA margins of 25%-30% in 2026
Water & Flowback Services EBITDA margins expected to improve to mid-teens in 2026
Result Drivers
COMPLETION FLUIDS & PRODUCTS - Segment led with record revenue and Adjusted EBITDA, supported by industrial chemicals and deepwater fluids market
WATER & FLOWBACK SERVICES - Stable revenue despite U.S. frac activity decline, aided by market share gains and cost reductions
Company press release: ID:nPn6JjzTna
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $146.68 mln | $140.98 mln (5 Analysts) |
Q4 Adjusted EPS | Meet | $0.02 | $0.02 (3 Analysts) |
Q4 Adjusted EBITDA | $20.4 mln | ||
Q4 Adjusted Free Cash Flow | $3.07 mln | ||
Q4 Gross Profit | $28.43 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the oil related services and equipment peer group is "buy"
Wall Street's median 12-month price target for Tetra Technologies Inc is $11.50, about 3.2% above its February 25 closing price of $11.14
The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 25 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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