Select Energy Services (WTTR) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Select Energy Services Revenue Highlights


Latest Revenue (Y)

$1.59B

Latest Revenue (Q)

$365.13M

Main Segment (Y)

Fluid hauling

Main Geography (Y)

Rockies

Select Energy Services Revenue by Period


Select Energy Services Revenue by Year

DateRevenueChange
2023-12-31$1.59B14.27%
2022-12-31$1.39B81.45%
2021-12-31$764.62M26.36%
2020-12-31$605.11M-53.15%
2019-12-31$1.29B-15.52%
2018-12-31$1.53B120.79%
2017-12-31$692.49M129.00%
2016-12-31$302.40M-43.54%
2015-12-31$535.58M-

Select Energy Services generated $1.59B in revenue during NA 2023, up 14.27% compared to the previous quarter, and up 103.69% compared to the same period a year ago.

Select Energy Services Revenue by Quarter

DateRevenueChange
2024-06-30$365.13M-0.39%
2024-03-31$366.55M-2.22%
2023-12-31$374.86M-3.70%
2023-09-30$389.27M-3.79%
2023-06-30$404.63M-2.87%
2023-03-31$416.59M9.15%
2022-12-31$381.68M1.76%
2022-09-30$375.07M11.66%
2022-06-30$335.90M13.95%
2022-03-31$294.77M15.54%
2021-12-31$255.13M24.68%
2021-09-30$204.63M27.01%
2021-06-30$161.12M12.09%
2021-03-31$143.74M7.80%
2020-12-31$133.34M31.70%
2020-09-30$101.24M9.76%
2020-06-30$92.24M-66.85%
2020-03-31$278.29M0.80%
2019-12-31$276.09M-16.07%
2019-09-30$328.97M1.57%
2019-06-30$323.89M-10.69%
2019-03-31$362.65M0.09%
2018-12-31$362.32M-8.73%
2018-09-30$396.97M0.95%
2018-06-30$393.25M4.48%
2018-03-31$376.39M23.72%
2017-12-31$304.24M97.71%
2017-09-30$153.88M14.45%
2017-06-30$134.45M34.55%
2017-03-31$99.92M15.21%
2016-12-31$86.73M17.36%
2016-09-30$73.91M17.46%
2016-06-30$62.92M-20.19%
2016-03-31$78.84M-

Select Energy Services generated $365.13M in revenue during Q2 2024, up -0.39% compared to the previous quarter, and up 87.65% compared to the same period a year ago.

Select Energy Services Revenue Breakdown


Select Energy Services Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Water Sourcing$74.69M$46.70M$33.74M$120.52M-
Fluid hauling$287.50M$257.40M$85.36M--
Flowback and well testing$112.89M$123.83M$75.61M--
Eliminations and other service lines$-11.39M$-7.18M$-7.70M--
Oilfield Chemicals-$317.64M$215.76M--
Oilfield chemicals-$318.28M$216.41M--
Pipeline logistics and disposal-$194.51M$108.63M--
Water Infrastructure-$270.41M$154.79M--
Water Services-$799.37M$394.07M--
Water transfer-$295.57M$175.15M--
Pipeline Logistics And Disposal---$91.97M$101.14M
Water Transfer---$146.73M$355.54M
Well Testing And Flowback---$61.84M$208.57M
Eliminations And Other Servicing Lines---$-5.34M-
Fluid Hauling---$52.75M$63.16M
Oilfield Chemical Product Sales Revenue---$160.82M$268.96M
Other----$22.91M
Accommodations And Rentals Revenue----$150.79M

Select Energy Services's latest annual revenue breakdown by segment (product or service), as of Dec 23: Fluid hauling (62.00%), Flowback and well testing (24.35%), Water Sourcing (16.11%), and Eliminations and other service lines (-2.46%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Water Services$230.01M$228.31M$251.87M$264.60M$228.60M$218.52M$221.24M$196.00M$163.61M$140.73M$112.47M$76.65M$64.22M$59.93M$54.52M$55.81M$149.51M$152.92M$196.78M$202.01M
Water Infrastructure$68.56M$63.51M$58.38M$55.28M$101.55M$77.18M$74.40M$60.28M$58.55M$46.87M$36.79M$33.33M$37.80M$36.13M$16.16M$15.30M$57.76M$52.31M$63.95M$51.71M
Oilfield Chemicals----$86.45M$85.97M$79.43M$79.62M$72.61M$67.53M$55.37M$51.14M$41.72M$37.28M$30.56M$21.13M$71.01M$70.85M$67.93M$63.00M
Product And Service Other-----------------$-1.00K$301.00K$7.17M

Select Energy Services's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Water Services (77.04%), and Water Infrastructure (22.96%).

Select Energy Services Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Rockies$231.31M$155.85M$78.19M$37.52M$85.34M
Mid-Continent$100.51M$119.75M---
MidCon--$64.91M--
Haynesville E. Texas---$73.12M$73.66M
Midcon---$56.69M$176.22M
All Other Geographical Areas----$-183.00K

Select Energy Services's latest annual revenue breakdown by geography, as of Dec 23: Rockies (69.71%), and Mid-Continent (30.29%).

Quarterly Revenue by Country

CountryJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Rockies$52.90M$56.68M$61.83M$61.53M$60.40M$47.55M$42.10M$42.14M$38.14M$33.48M$33.56M$25.41M$9.20M$10.02M$7.23M$4.49M$6.93M$18.87M$20.36M$21.05M
Mid Continent$19.36M-------------------
Haynesville E. Texas$24.06M$18.40M$18.30M$17.27M$18.30M$21.10M$14.71M$19.02M$19.74M$18.32M----------
Mid-Continent-$19.48M$23.54M$22.81M$26.14M$28.02M$28.20M-------------
MidCon-------$30.76M$31.53M$29.26M$27.98M---------
Midcon-----------$18.93M$9.53M$8.48M$12.41M$11.58M$7.83M$24.87M$23.72M$45.52M
All Other Geographical Areas---------------$-773.00K$-324.00K$-533.00K$-4.46M$-606.00K

Select Energy Services's latest quarterly revenue breakdown by geography, as of Jun 24: Rockies (54.92%), Haynesville E. Texas (24.98%), and Mid Continent (20.10%).

Select Energy Services Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
WLKWestlake$12.55B$3.21B
OLNOlin$6.83B$1.64B
AXTAAxalta Coating Systems$5.18B$1.35B
CBTCabot$3.93B$1.02B
FULH.B. Fuller$3.51B$917.11M
ESIElement Solutions$2.33B$612.70M
MTXMinerals$2.17B$541.20M
KWRQuaker Chemical$1.95B$463.57M
IOSPInnospec$1.95B$435.00M
OECOrion Engineered Carbons$1.89B$477.00M
KROKronos Worldwide$1.67B$478.80M
WTTRSelect Energy Services$1.59B$365.13M
SXTSensient$1.46B$403.52M
ECVTEcovyst$691.10M$182.80M
FFFutureFuel$368.25M-
PRMPerimeter Solutions, SA$322.11M$127.28M

WTTR Revenue FAQ


Select Energy Services's yearly revenue for 2023 was $1.59B, representing an increase of 14.27% compared to 2022. The company's yearly revenue for 2022 was $1.39B, representing an increase of 81.45% compared to 2021. WTTR's yearly revenue for 2021 was $764.62M, representing an increase of 26.36% compared to 2020.

Select Energy Services's quarterly revenue for Q2 2024 was $365.13M, a -0.39% decrease from the previous quarter (Q1 2024), and a -9.76% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $366.55M, a -2.22% decrease from the previous quarter (Q4 2023), and a -12.01% decrease year-over-year (Q1 2023). WTTR's quarterly revenue for Q4 2023 was $374.86M, a -3.70% decrease from the previous quarter (Q3 2023), and a -1.79% decrease year-over-year (Q4 2022).

Select Energy Services's revenue growth rate for the last 3 years (2021-2023) was 107.34%, and for the last 5 years (2019-2023) was 22.74%.

Select Energy Services's revenue streams in c 23 are Water Sourcing, Fluid hauling, Flowback and well testing, and Eliminations and other service lines. Water Sourcing generated $74.69M in revenue, accounting 16.11% of the company's total revenue, up 59.96% year-over-year. Fluid hauling generated $287.5M in revenue, accounting 62.00% of the company's total revenue, up 11.69% year-over-year. Flowback and well testing generated $112.89M in revenue, accounting 24.35% of the company's total revenue, down -8.83% year-over-year. Eliminations and other service lines generated $-11.389M in revenue, accounting -2.46% of the company's total revenue, up 58.55% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Select Energy Services was Fluid hauling. This segment made a revenue of $287.5M, representing 62.00% of the company's total revenue.