Select Water Solutions Prices Public Offering of Common Stock
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy WTTR?
Source: Yahoo Finance
- Offering Size: Select Water Solutions has announced a public offering of 13,725,491 shares of Class A common stock priced at $12.75 per share, which is expected to generate significant capital inflow to support its water infrastructure projects.
- Use of Proceeds: The net proceeds from this offering will be utilized for general corporate purposes, including growth capital projects for water infrastructure, potential acquisitions, or debt repayment under the company's sustainability-linked credit facility, thereby enhancing financial flexibility.
- Underwriting Team: J.P. Morgan and BofA Securities are serving as lead underwriters for the offering, with Citigroup, Piper Sandler, and Raymond James also involved, indicating strong market interest and confidence in the offering.
- Transaction Timeline: The offering is expected to close on February 23, 2026, subject to customary closing conditions, reflecting the company's active engagement in capital markets and confidence in future growth prospects.
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Analyst Views on WTTR
Wall Street analysts forecast WTTR stock price to rise
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 14.410
Low
12.00
Averages
14.67
High
18.00
Current: 14.410
Low
12.00
Averages
14.67
High
18.00
About WTTR
Select Water Solutions, Inc. is a provider of sustainable water and chemical solutions to the energy industry. The Company’s segments include Water Infrastructure, Water Services and Chemical Technologies. The Water Infrastructure segment consists of the Company’s fixed infrastructure assets, including operations associated with its water distribution pipeline infrastructure, its water recycling solutions, and its produced water pipeline gathering systems. The Water Services segment consists of the Company’s services businesses, including water sourcing, water transfer, flowback and well testing, fluids hauling, water monitoring, water containment and water network automation. The Chemical Technologies segment provides technical solutions, products and expertise related to chemical applications in the oil and gas industry. It develops, manufactures, manages logistics and provides a full suite of chemicals used in hydraulic fracturing, stimulation, and cementing.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Select Water Solutions Prices Public Offering of Class A Common Stock
- Public Offering Pricing: Select Water Solutions announced the pricing of 13,725,491 shares of Class A common stock at $12.75 per share, expected to close on February 23, 2026, with proceeds aimed at funding water infrastructure projects and potential acquisitions, highlighting the company's commitment to sustainability.
- Underwriter Arrangement: J.P. Morgan and BofA Securities are serving as lead underwriters for the offering, with Citigroup, Piper Sandler, and Raymond James as joint book-running managers, ensuring professionalism and market credibility, which enhances investor confidence.
- Additional Share Option: The company has granted underwriters a 30-day option to purchase up to 2,058,824 additional shares at the public offering price, a strategy that may further enhance liquidity and market demand for the stock.
- Registration Statement Validity: The registration statement was filed and became effective on February 19, 2026, complying with securities law requirements, ensuring transparency and compliance, which helps attract more investor participation.
See More
Select Water Solutions Prices Public Offering of Class A Common Stock
- Public Offering Pricing: Select Water Solutions announced the pricing of 13,725,491 shares of Class A common stock at $12.75 per share, with the offering expected to close on February 23, 2026, indicating the company's proactive engagement in capital markets and financing capabilities.
- Clear Use of Proceeds: The net proceeds from the offering will be utilized for general corporate purposes, including growth capital projects for water infrastructure, potential acquisitions, or debt repayment under the sustainability-linked credit facility, highlighting the company's strategic focus on sustainability.
- Strong Underwriting Team: J.P. Morgan and BofA Securities are serving as lead underwriters, with Citigroup, Piper Sandler, and Raymond James as joint book-running managers, reflecting market confidence and support for the offering.
- Effective Registration Statement: The registration statement was filed on February 19, 2026, and became effective upon filing, ensuring compliance with securities laws and enhancing investor trust through transparency.
See More
Select Water Solutions Prices Public Offering of Common Stock
- Offering Size: Select Water Solutions has announced a public offering of 13,725,491 shares of Class A common stock priced at $12.75 per share, which is expected to generate significant capital inflow to support its water infrastructure projects.
- Use of Proceeds: The net proceeds from this offering will be utilized for general corporate purposes, including growth capital projects for water infrastructure, potential acquisitions, or debt repayment under the company's sustainability-linked credit facility, thereby enhancing financial flexibility.
- Underwriting Team: J.P. Morgan and BofA Securities are serving as lead underwriters for the offering, with Citigroup, Piper Sandler, and Raymond James also involved, indicating strong market interest and confidence in the offering.
- Transaction Timeline: The offering is expected to close on February 23, 2026, subject to customary closing conditions, reflecting the company's active engagement in capital markets and confidence in future growth prospects.
See More
Select Water Solutions Launches $175 Million Public Offering
- Public Offering Initiated: Select Water Solutions has announced the commencement of a $175 million underwritten public offering of its Class A common stock, with an expected 30-day option for underwriters to purchase an additional $26.25 million in shares, indicating the company's proactive approach to capital markets.
- Clear Use of Proceeds: The company intends to utilize the net proceeds for general corporate purposes, including water infrastructure growth projects, potential acquisitions, or debt repayment under its sustainability-linked credit facility, reflecting its strategic focus on future development.
- Market Reaction: Following the announcement, WTTR's stock price fell 7.38% in after-hours trading to $13.17, indicating a cautious market response that may impact investor confidence regarding the offering.
- Growth Expectations: Select Water Solutions anticipates a 20%-25% growth in water infrastructure by 2026 while advancing lithium extraction partnerships, showcasing the company's strategic foresight in water resource management and emerging markets.
See More
Select Water Solutions Launches $175 Million Stock Offering
- Offering Size: Select Water Solutions has announced the commencement of a $175 million public offering of Class A common stock, utilizing an effective S-3 registration statement, indicating the company's proactive engagement with capital markets.
- Clear Use of Proceeds: The net proceeds from this offering will be allocated for general corporate purposes, including water infrastructure growth projects, potential acquisitions, or debt repayment under a sustainability-linked credit facility, highlighting the company's strategic focus on sustainability.
- Underwriter Arrangement: J.P. Morgan and BofA Securities are serving as lead underwriters for the offering, with an additional option to purchase $26.25 million of shares, which further bolsters market confidence in the offering.
- Market Risk Advisory: Although the company has filed the relevant registration statement, the offering is subject to market and other conditions, introducing uncertainties that remind investors to be aware of potential market volatility and risks.
See More
Select Water Solutions Upgraded to Outperform with $18 Target
- Optimistic Earnings Outlook: Despite a 2.4% drop in Select Water Solutions (WTTR) stock on Thursday, Northland upgraded its rating from Market Perform to Outperform, raising the price target from $12 to $18, reflecting the analyst's decisively bullish view on the company's Q4 results.
- Infrastructure Network Effect: Analyst Bobby Brooks noted that the network effect of Select Water Solutions' infrastructure segment is becoming evident, alongside strong growth in the chemicals segment, indicating enhanced competitiveness across multiple business areas.
- Future Growth Potential: Brooks sees 2026 as a catalyst-rich year for the company and anticipates that the ability to generate free cash flow will begin to materialize in 2027, following years of capital spending on infrastructure projects, showcasing long-term growth potential.
- Elevated Market Expectations: The analyst emphasized that combined with their high and achievable FY27 estimates, Select Water Solutions presents a compelling story that may attract more investor attention, despite the current stock price performance.
See More
Select Water Solutions Prices Public Offering of Class A Common Stock
- Public Offering Pricing: Select Water Solutions announced the pricing of 13,725,491 shares of Class A common stock at $12.75 per share, expected to close on February 23, 2026, with proceeds aimed at funding water infrastructure projects and potential acquisitions, highlighting the company's commitment to sustainability.
- Underwriter Arrangement: J.P. Morgan and BofA Securities are serving as lead underwriters for the offering, with Citigroup, Piper Sandler, and Raymond James as joint book-running managers, ensuring professionalism and market credibility, which enhances investor confidence.
- Additional Share Option: The company has granted underwriters a 30-day option to purchase up to 2,058,824 additional shares at the public offering price, a strategy that may further enhance liquidity and market demand for the stock.
- Registration Statement Validity: The registration statement was filed and became effective on February 19, 2026, complying with securities law requirements, ensuring transparency and compliance, which helps attract more investor participation.
See More
Select Water Solutions Prices Public Offering of Class A Common Stock
- Public Offering Pricing: Select Water Solutions announced the pricing of 13,725,491 shares of Class A common stock at $12.75 per share, with the offering expected to close on February 23, 2026, indicating the company's proactive engagement in capital markets and financing capabilities.
- Clear Use of Proceeds: The net proceeds from the offering will be utilized for general corporate purposes, including growth capital projects for water infrastructure, potential acquisitions, or debt repayment under the sustainability-linked credit facility, highlighting the company's strategic focus on sustainability.
- Strong Underwriting Team: J.P. Morgan and BofA Securities are serving as lead underwriters, with Citigroup, Piper Sandler, and Raymond James as joint book-running managers, reflecting market confidence and support for the offering.
- Effective Registration Statement: The registration statement was filed on February 19, 2026, and became effective upon filing, ensuring compliance with securities laws and enhancing investor trust through transparency.
See More
Select Water Solutions Prices Public Offering of Common Stock
- Offering Size: Select Water Solutions has announced a public offering of 13,725,491 shares of Class A common stock priced at $12.75 per share, which is expected to generate significant capital inflow to support its water infrastructure projects.
- Use of Proceeds: The net proceeds from this offering will be utilized for general corporate purposes, including growth capital projects for water infrastructure, potential acquisitions, or debt repayment under the company's sustainability-linked credit facility, thereby enhancing financial flexibility.
- Underwriting Team: J.P. Morgan and BofA Securities are serving as lead underwriters for the offering, with Citigroup, Piper Sandler, and Raymond James also involved, indicating strong market interest and confidence in the offering.
- Transaction Timeline: The offering is expected to close on February 23, 2026, subject to customary closing conditions, reflecting the company's active engagement in capital markets and confidence in future growth prospects.
See More
Select Water Solutions Launches $175 Million Public Offering
- Public Offering Initiated: Select Water Solutions has announced the commencement of a $175 million underwritten public offering of its Class A common stock, with an expected 30-day option for underwriters to purchase an additional $26.25 million in shares, indicating the company's proactive approach to capital markets.
- Clear Use of Proceeds: The company intends to utilize the net proceeds for general corporate purposes, including water infrastructure growth projects, potential acquisitions, or debt repayment under its sustainability-linked credit facility, reflecting its strategic focus on future development.
- Market Reaction: Following the announcement, WTTR's stock price fell 7.38% in after-hours trading to $13.17, indicating a cautious market response that may impact investor confidence regarding the offering.
- Growth Expectations: Select Water Solutions anticipates a 20%-25% growth in water infrastructure by 2026 while advancing lithium extraction partnerships, showcasing the company's strategic foresight in water resource management and emerging markets.
See More
Select Water Solutions Launches $175 Million Stock Offering
- Offering Size: Select Water Solutions has announced the commencement of a $175 million public offering of Class A common stock, utilizing an effective S-3 registration statement, indicating the company's proactive engagement with capital markets.
- Clear Use of Proceeds: The net proceeds from this offering will be allocated for general corporate purposes, including water infrastructure growth projects, potential acquisitions, or debt repayment under a sustainability-linked credit facility, highlighting the company's strategic focus on sustainability.
- Underwriter Arrangement: J.P. Morgan and BofA Securities are serving as lead underwriters for the offering, with an additional option to purchase $26.25 million of shares, which further bolsters market confidence in the offering.
- Market Risk Advisory: Although the company has filed the relevant registration statement, the offering is subject to market and other conditions, introducing uncertainties that remind investors to be aware of potential market volatility and risks.
See More
Select Water Solutions Upgraded to Outperform with $18 Target
- Optimistic Earnings Outlook: Despite a 2.4% drop in Select Water Solutions (WTTR) stock on Thursday, Northland upgraded its rating from Market Perform to Outperform, raising the price target from $12 to $18, reflecting the analyst's decisively bullish view on the company's Q4 results.
- Infrastructure Network Effect: Analyst Bobby Brooks noted that the network effect of Select Water Solutions' infrastructure segment is becoming evident, alongside strong growth in the chemicals segment, indicating enhanced competitiveness across multiple business areas.
- Future Growth Potential: Brooks sees 2026 as a catalyst-rich year for the company and anticipates that the ability to generate free cash flow will begin to materialize in 2027, following years of capital spending on infrastructure projects, showcasing long-term growth potential.
- Elevated Market Expectations: The analyst emphasized that combined with their high and achievable FY27 estimates, Select Water Solutions presents a compelling story that may attract more investor attention, despite the current stock price performance.
See More
