Select Energy Services, Inc. Provides Revenue Guidance for the Third Quarter of 2022
August 02, 2022 at 04:27 pm EDT
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Select Energy Services, Inc. provided revenue guidance for the third quarter of 2022. For the third quarter of 2022, the company anticipates mid-single-digit percentage revenue growth, with gross margins before D&A in mid- to high-20% range, supported by continued growth in recycled water volumes.
Select Water Solutions, Inc. is a provider of sustainable water and chemical solutions to the energy industry. The Company operates in three segments: Water Services, Water Infrastructure, and Chemical Technologies. The Water Services segment consists of its services businesses, including water sourcing, water transfer, flowback and well testing, fluid hauling, water monitoring, water containment and water network automation, serving exploration and production (E&P) companies. The Water Infrastructure segment provides recycling, gathering, transferring and disposal of water. Its operations are enabled by a network of permanent pipeline infrastructure, semi-permanent pipeline infrastructure, water recycling facilities, earthen pits, water sources and SWDs. The Chemical Technologies segment develops, manufactures, manages logistics and provides a full suite of completion chemical products utilized in hydraulic fracturing, stimulation, cementing and related well completion processes.
SELECT WATER SOLUTIONS, INC. 
