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Stock impact report

Select Energy Services Reports Fourth Quarter And Fiscal Year 2019 Financial Results And Operational Updates

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: PR Newswire
HOUSTON, Feb. 24, 2020 /PRNewswire/ -- Select Energy Services, Inc. (NYSE: WTTR) ("Select" or "the Company"), a leading provider of water management and chemical solutions to the U.S. unconventional oil and gas industry, today announced results for the fourth quarter and fiscal year ended December 31, 2019. Holli Ladhani, President and CEO, stated, "We advanced our strategy throughout the year by divesting our non-core businesses, paying down our debt balance in full, completing our New Mexico pipeline system, adding incremental chemicals manufacturing capacity in the Permian basin, acquiring a strategic water treatment business and returning cash to shareholders via open market share repurchases, all while continuing to generate and build cash on the balance sheet. "We finished 2019 with another strong free cash flow quarter and significantly exceeded the top end of our full year free cash flow target. We were disciplined in our approach to capital allocation throughout 2019, generat Show less Read more
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