Quarterly ResultAug 4, 2026, 04:28 PM

Select Water Solutions Q2 Revenue $396M; Net Income $23M; Record Segment Rev

AI Summary

Select Water Solutions, Inc. announced strong second quarter 2026 financial results, with consolidated revenue reaching $396 million and net income increasing to $23 million. The company achieved record revenues in its Water Infrastructure and Chemical Technologies segments. Additionally, Select Water Solutions executed a significant agreement for the conveyance of 14 saltwater disposal wells and a new pipeline project with a substantial minimum volume commitment, while also updating its capital expenditure guidance for 2026.

Key Highlights

Q2 2026 consolidated revenue was $396 million, an 8% sequential increase.
Net income increased by $13 million sequentially to $23 million in Q2 2026.
Adjusted EBITDA rose by $15 million sequentially to $93 million in Q2 2026.
Water Infrastructure revenue reached a record $102 million, up 26% YoY.
Chemical Technologies revenue hit a record $96 million, a 23% sequential increase.
Executed agreement for 14 saltwater disposal wells and a new pipeline with 128-million-barrel MVC.
Updated 2026 net capital expenditures guidance to $250 – $290 million.
Anticipates Q3 2026 Adjusted EBITDA of $90 – $94 million.

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Oilfield Services/Equipment

Select Water Solutions, Inc.

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