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Stock impact report

Do Its Financials Have Any Role To Play In Driving Select Water Solutions, Inc.'s (NYSE:WTTR) Stock Up Recently? [Yahoo! Finance]

Select Energy Services, Inc. Class A (WTTR) 
Last select energy services, inc. class a earnings: 2/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.selectenergyservices.com
Company Research Source: Yahoo! Finance
Given that stock prices are usually aligned with a company's financial performance in the long-term, we decided to study its financial indicators more closely to see if they had a hand to play in the recent price move. Specifically, we decided to study Select Water Solutions' ROE in this article. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. See our latest analysis for Select Water Solutions How Is ROE Calculated? ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Select Water Solutions is: 7.1% = US$65m ÷ US$919m (Based on the trailing twelve months to September 2024). The 'return' refers to a company's earnings over the last year. Another way to think of that is that for Show less Read more
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