Select Energy Services, Inc. (WTTR) Tops Q1 EPS by 8c

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SELECT ENERGY SERVICES REPORTS FIRST QUARTER 2022 FINANCIAL RESULTS AND PROVIDES OPERATIONAL UPDATE

May 3, 2022 4:15 PM EDT

Revenue of $294.8 million generated during the first quarter of 2022, up 16% sequentially from the fourth quarter of 2021

Net income of $8.0 million and Adjusted EBITDA of $32.2 million during the first quarter of 2022

Repurchased 2.3 million shares of Class A common stock in the open market for $16.4 million in the first quarter of 2022

Closed on the acquisition of Nuverra Environmental Solutions, Inc. (NYSE American: NES) ("Nuverra")

Closed on $270 million sustainability-linked credit facility with innovative pricing structure... More