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

Go back to Select Energy Services Reports Third Quarter 2020 Financial Results And Operational Updates

Select Energy Services, Inc. (WTTR) Misses Q3 EPS by 9c, Revenues Miss

November 3, 2020 4:17 PM EST

Select Energy Services, Inc. (NYSE: WTTR) reported Q3 EPS of ($0.36), $0.09 worse than the analyst estimate of ($0.27). Revenue for the quarter came in at $101.24 million versus the consensus estimate of $103.34 million.

Holli Ladhani, President and CEO, stated, "While the third quarter was not without its challenges, based on recent discussions with our customers, I believe we've already seen the market bottom of the current downturn. We continue to closely monitor the global crude oil demand outlook, and though current market conditions remain challenging,... More