Select Energy Services, Inc. (WTTR) Reports Q1 Loss of $2.86

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Select Energy Services Reports First Quarter 2020 Financial Results And Operational Updates

May 5, 2020 4:15 PM EDT

HOUSTON, May 5, 2020 /PRNewswire/ -- Select Energy Services, Inc. (NYSE: WTTR) ("Select" or "the Company"), a leading provider of water management and chemical solutions to the U.S. unconventional oil and gas industry, today announced results for the quarter ended March 31, 2020.

Revenue for the first quarter of 2020 was $278.3 million as compared to $276.1 million in the fourth quarter of 2019 and $362.6 million in the first quarter of 2019. Net loss for the first quarter of 2020 was $291.2 million compared to a net loss of $12.5 million in the fourth quarter of 2019 and net income of $1.4... More