TETRA Technologies (TTI)

NYSE Market Closed

TETRA Technologies, Inc. is a US-based oilfield services company that supplies specialized products and services used in drilling, completion, production, and water management operations. The company serves oil and gas operators in onshore and offshore markets, with a business model focused on technical fluids, wellsite support, and handling the large volumes of water associated with unconventional resource development.

Its Completion Fluids & Products segment is the larger contributor to revenue. This division manufactures and markets clear brine fluids, additives, and related services used during well completion and workover activity. Clear brines are important in complex wells because they help control pressure while limiting damage to the producing formation. TETRA’s product portfolio is used by operators seeking reliable wellbore performance in demanding environments, including deepwater and high-pressure fields.

The Water & Flowback Services segment supports onshore operators with water sourcing, transfer, treatment, recycling, storage, and flowback services. These offerings are particularly relevant in shale basins, where hydraulic fracturing requires significant water logistics and where operators increasingly seek to reuse water to reduce costs and environmental impact. The segment also provides production well testing and related field services that help customers manage early-stage production and evaluate well performance.

TETRA is distinctive because it combines chemical and fluids expertise with field-level water infrastructure and services. Its results are closely tied to oil and gas capital spending, completion activity, offshore project demand, and commodity-driven drilling cycles. The company’s role is not to produce hydrocarbons directly, but to help exploration and production companies complete wells safely, efficiently, and with the fluid systems and water handling capacity required for modern oilfield development.

9.93 USD
9.50 USD
+0.19 (+1.95%)
Pre-market

Last updated

Market Cap
1.34B
P/E
184.8
P/FCF
500.72
P/S
2.13
Enterprise Value
1.49B
Sector
Energy
Industry
Crude Petroleum and Natural Gas
Address
10000 ENERGY DRIVE, SPRING, TX, 77389
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Market Cap
1.34B
Enterprise Value
1.49B
P/E
184.8
P/B
4.69
P/S
2.13
EV / EBITDA
16.43
EV / Sales
2.37
EPS
0.05
Dividend Yield
0%
P/FCF
500.72
P/CF
15.9
Free Cash Flow
2.69M
ROE
2.54%
ROA
1.1%
Debt / Equity
0.63
Current Ratio
2.13
Quick Ratio
1.27
Cash
0.25
Avg Volume
1.58M
Fundamentals Snapshot Price
9.93

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 156.25M 146.68M 153.24M 173.87M 157.14M
Gross profit 47.4M 69.69M 36.37M 48.24M 52.58M
Operating income 12.82M 2.5M 11.13M 22.99M 18.77M
EBITDA 21.99M 15.93M 20.76M 32.04M 28.44M
Net income 8.32M -16.5M 4.15M 11.31M 4.05M
Basic EPS 0.06 -0.13 0.03 0.08 0.03
Diluted EPS 0.06 -0.13 0.03 0.08 0.03

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 662.35M 675.76M 655.17M 645.58M 614.09M
Total liabilities 376.73M 393.27M 359.75M 355.96M 342.34M
Total equity 285.62M 282.49M 295.43M 289.62M 271.74M
Cash & equivalents 35.47M 72.63M 67.15M 68.75M 41M
Current assets 297.12M 316.63M 313.83M 311.58M 291M
Current liabilities 139.75M 153.85M 127.46M 120.51M 108.54M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -11.86M 31.73M 16.37M 48.33M 3.94M
Investing cash flow -18.73M -27.35M -15.75M -19.62M 1.35M
Financing cash flow -6.72M 1.18M -1.97M -2.5M -2.09M
Change in cash -37.16M 5.48M -1.6M 27.75M 3.84M
Kind Filing Date Link
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form 4 Form 4 — SERRANO ELIJIO V View Filing
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form 4 Form 4 — SANDERSON MATTHEW View Filing
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form 4 Form 4 — SANDERSON MATTHEW View Filing
form 4 Form 4 — Murphy Brady M View Filing
form 4 Form 4 — Murphy Brady M View Filing
form 4 Form 4 — Murphy Brady M View Filing
form 4 Form 4 — Moeller Timothy C View Filing
form 4 Form 4 — Moeller Timothy C View Filing
form 4 Form 4 — Moeller Timothy C View Filing
form 4 Form 4 — Boston Shoemake Alicia r View Filing
form 4 Form 4 — Boston Shoemake Alicia r View Filing
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form 4 Form 4 — Boston Shoemake Alicia r View Filing