Select Water Solutions Q2 Earnings Call Highlights

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Select Water Solutions (NYSE:WTTR) reported higher revenue, net and adjusted EBITDA for the 2nd 4th of 2026, supported by grounds results successful its Water Infrastructure and Chemical Technologies segments and stronger-than-expected show successful Water Services.

Chief Executive Officer John Schmitz said consolidated gross roseate 8% from the archetypal quarter, adjusted EBITDA accrued 19%, and nett income much than doubled sequentially. The institution reported second-quarter gross of $396 million, nett income of $23 cardinal and adjusted EBITDA of $93 million, exceeding its anterior adjusted EBITDA guidance scope of $77 cardinal to $80 million.

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"The 2nd 4th of 2026 was a precise beardown 4th for Select," Schmitz said, citing grounds gross and gross nett successful some Water Infrastructure and Chemical Technologies.

Water Infrastructure posts grounds gross

Water Infrastructure generated grounds quarterly gross of $102 million, up 5% sequentially and 26% from the 2nd 4th of 2025. Gross nett earlier depreciation and amortization accrued 9% from the archetypal 4th and 27% twelvemonth implicit year, portion gross borderline earlier D&A reached 58%.

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Chief Financial Officer Chris George said produced-water volumes handled accrued to 1.5 cardinal barrels per day. Higher produced-water volumes, improved skim-oil seizure and higher pricing supported the segment's results.

The institution expects Water Infrastructure gross to turn different 5% to 10% successful the 3rd quarter, with gross margins earlier D&A betwixt 56% and 58%. Management said the show done the archetypal fractional positions the conception to scope the precocious extremity of its 25% to 30% full-year maturation target.