TETRA Technologies, Inc. (TTI)
TETRA Technologies, Inc. operates in the Oil & Gas Equipment & Services industry of the Energy sector, headquartered in Spring, TX, US. The stock last traded at $5.82, down 5.83% on the session, giving a market capitalisation of $863.9M. On trailing twelve-month figures it carries a trailing P/E of 80.95, a net margin of 1.4%. Its beta of 1.26 implies it has historically moved more than the broad market.
TETRA Technologies, Inc. (TTI) is a diversified enterprise that delivers a range of services to the oil and gas industry. The company organizes its operations into two primary divisions: Completion Fluids & Products, and Water & Flowback Services. The Completion Fluids & Products segment is responsible for the production and distribution of specialized chemical formulations, such as clear brine fluids, various additives, and complementary services. These products are vital for well drilling, completion, and workover procedures in the oil and gas sector, with a market presence spanning the United States, Latin America, Europe, Asia, the Middle East, and Africa. This division also trades in both liquid and dry calcium chloride products. The Water & Flowback Services segment offers comprehensive water management solutions designed for onshore oil and gas operators. Additionally, it provides services like frac flowback and production well testing, along with other related support. These services are delivered across oil and gas producing areas in the United States and Mexico, as well as in numerous basins throughout Latin America, Africa, Europe, and the Middle East. Founded in 1981, TETRA Technologies, Inc. is headquartered in The Woodlands, Texas.
TETRA Technologies, Inc. is most often compared with the following Energy names: