2026-10-25
Select Water Solutions, clears the business-activity screen and the figures we can measure look clean, but one or more financial figures are still pending, so the verdict is not final yet.
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latest tape · as of 10:41 UTC
The Screen · Energy · Oil & Gas Equipment & Services
Select Water Solutions, Inc.
WTTR · the NYSE · USD · Market cap $2.7B · 3,300 employees
Select Water Solutions, Inc.
Not yet scored18.14 USD
Price as of 23 Oct 2026Daily close, not a live quoteLast reviewed 8 days ago
Screened 2026-10-23 · the tape above runs as of 10:41 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
Key facts today
- Price18.14 USD at the 23 Oct 2026 close
- Ethical screenNot yet scored
- OptionsOpen interest leans heavily to calls (put/call 0.00)
- Last reviewed23 Oct 2026 (8 days ago)
A summary of the dated readings below, not a live quote and not advice.
PRICE · FAIR-VALUE RANGE1M3M6MYTD1Y3Y5Y
What this means: price 18.14 against the desk's fair-value range, base estimate 15.34, over the last year.
- Trend Markdown
- Insiders no filings inside 60 days, left as found
- Positioning no disclosures inside 60 days, left as found
- Options put/call open interest 0.00, read 2026-10-30
- Ethical screen not yet scored
Price18.14 USD
Fair value15.34
Ethical score70.0/100
Our investment reviews on this name
2026-09-17Read Markdown20.67-12.2% to today ✓Markup gives way to Markdown with results news in the headlines
2026-08-18Read Markup20.23-10.3% to today Accumulation gives way to Markup after a 7% rise in 7 weeks
2026-07-02Read Accumulation18.91-4.1% to today First review on file: Accumulation
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
The full research record, in depth, below
This name holds its markdown label.
Select Water Solutions, Inc. holds its Markdown at $18.14. The statistical read favours the sellers, held for 36 days.
| Phase | Markdown · caution |
| Quantitative state | The statistical read favours the sellers, held for 36 days |
| Price at the screen | $18.14 |
| Valuation | 67.07 trailing · 33.91 forward price to earnings |
| Values screen | Not scored · score 70.0 |
| Beta | 1.00 |
Five Screens, Shown in Full
This security has not been fully scored against the values screen yet.
| Test | Figure | Limit | What it means | Status |
|---|---|---|---|---|
| Business activity | Permissible | Core business clean | Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending. | Pass |
| Debt load | 22.11% | Below 33% | Interest-bearing debt is just 22.1% of its assets, well under the one-third ceiling: it does not run on borrowed money. | Pass |
| Interest-bearing cash | 0.00% | Below 33% | Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit. | Pass |
| Receivables | 17.68% | Below 49% | Money owed to the company is 17.7% of assets, under the 49% limit. | Pass |
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical ReadThe Read, in Plain English
Select Water Solutions, clears the business-activity screen and the figures we can measure look clean, but one or more financial figures are still pending, so the verdict is not final yet.
Read as at 2026-10-30. It updates when the underlying figures move, and past reads are kept below.
2026-09-24
Clears
Select Water Solutions, clears all five screens. Its business is in a permissible area, its interest-bearing debt is about 22%, inside the ~33% line, and almost none of its income is interest, so it passes.
Earlier reads, kept as written. The ethical profile is tracked over time, not overwritten.
What the Numbers Say It Is WorthThe Fair Value Range
Fair value range in USD, drawn from the 2026-10-23 screen. The gold marker is the market price at the same screen. The price runs 15.4% above the base estimate.
Third-party analyst targets: 7 covering, consensus Strong Buy. The average target sits +43% from the screen price.
Reading the gap · Our more conservative model reads it as fully-to-richly valued here, while the Street is more bullish: a quality-at-a-fair-price name rather than a deep-value one.
Price History & ProjectionsWhere it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-10-23 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain WordsWater hauling for drillers rarely escapes the cycle
Picture a fleet of trucks and pipes servicing shale wells that only earn when oil prices stay high. Select Water Solutions sits in that exact spot, recycling and moving water for energy producers across three business lines. At $20.33 against our $14.00 fair value the shares already price in far more optimism than the recent results support.
Revenue fell 2 percent, profit margin sits at just 2 percent and return on equity matches it at 2 percent, all while the forward multiple stretches to 31.2 times. The ethical screen clears, yet none of the usual quality signals, growth or capital returns, justify paying above fair value in a sector this exposed to commodity swings.
Cyclical earnings peaks often produce low multiples that later prove expensive once activity slows. Here the multiple is already elevated and the margin of safety negative, so the setup offers no margin for the inevitable downturns that hit oil-field services hardest. Analysis, not advice.
| Forward P/E | 33.9xexpensive even after accounting for its growth |
| Trailing P/E | 67.1xexpensive: the price assumes strong growth ahead |
| EPS, trailing | 0.28 |
| EPS, forward | 0.55 |
| Revenue growth | +8.7%steady growth |
| Profit margin | 2.2%barely profitable |
| Return on equity | 3.1%a modest return on shareholder capital |
| FCF yield | -3.26% |
| Dividend yield | 148.00% |
| Debt to equity | 0.26minimal debt: a conservative balance sheet |
| Current ratio | 1.58healthy short-term liquidity |
| Beta | 1.00steadier than the market |
| Short interest, float | 0.07% |
| 52-week range | 9.29 - 22.55 |
| Market cap | $2.7B |
| Employees | 3,300 |
The risks · The main risks here are ordinary market swings and the chance our fair-value read proves too optimistic.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to TradeWTTR trades on the NYSE. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
Every Entry, As Written
2026-10-27
Markdown $18.78
+3.2% Entry 9
The analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved up 3.2% since our last review. Ethical screening: not fully scored yet. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D. Technically it is holding around 6% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 110%. Our forward projection puts the odds of a 10% gain over the next month near 32%. The street (5 analysts) rates it strong buy, with a mean price target of $22. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-21
Markdown $18.20
-7.9% Entry 8
The analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 7.9% since our last review. Ethical screening: not fully scored yet. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 10% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 110%. Our forward projection puts the odds of a 10% gain over the next month near 32%. The street (5 analysts) rates it strong buy, with a mean price target of $22.
2026-10-14
Markdown $19.76
-4.1% Entry 7
The analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 4.1% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 48% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 110%. Our forward projection puts the odds of a 10% gain over the next month near 32%. The street (5 analysts) rates it strong buy, with a mean price target of $22.
2026-10-02
Markdown $20.60
-0.3% Entry 6
Our analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.3% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 48% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 110%. Our forward projection puts the odds of a 10% gain over the next month near 32%. The street (5 analysts) rates it strong buy, with a mean price target of $22.
2026-09-17
Markdown · changed $20.67
+2.2% Entry 5
The framework has shifted from markup to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved up 2.2% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 48% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 110%. Our forward projection puts the odds of a 10% gain over the next month near 32%. The street (5 analysts) rates it strong buy, with a mean price target of $22.
2026-08-18
Markup · changed $20.23
+7.0% Entry 4
The framework has shifted from accumulation to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 7.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 48% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 110%. Our forward projection puts the odds of a 10% gain over the next month near 32%. The street (5 analysts) rates it strong buy, with a mean price target of $22.
2026-07-18
Accumulation $18.91
+0.0% Entry 3
Our analysis reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 48% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 110%. Our forward projection puts the odds of a 10% gain over the next month near 32%. The street (5 analysts) rates it strong buy, with a mean price target of $22.
2026-07-03
Accumulation $18.91
+0.0% Entry 2
Our analysis reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
2026-07-02
Accumulation $18.91
Entry 1
Our analysis reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
- 3 U.S. Energy Stocks With Direct Exposure to Higher Natural Gas and Oil Prices Yahoo Finance · 13d ago
- 2 of Wall Street’s Favorite Stocks to Target This Week and 1 We Ignore Yahoo Finance · 15d ago
- Select Water Solutions, Inc. Announces Pricing of Upsized $900 Million of 7.625% Senior Notes Due 2034 Yahoo Finance · 17d ago
- Select Water Solutions, Inc. Announces Offering of $800 Million of Senior Notes Due 2034 Yahoo Finance · 18d ago
- Select Water Solutions, ProPetro, Kodiak Gas Services, and NESR Stocks Trade Down, What You Need To Know Yahoo Finance · 24d ago
Headlines from third-party outlets, linked for reference: not our reporting, not advice.
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| Period | Price then | Price return | Divs per share | $1,000 became | Total return |
|---|---|---|---|---|---|
| 1 month | $17.62 | +4.4% | · | $1,044 | +4.4% |
| 2 months | $15.10 | +21.9% | $0.07 | $1,223 | +22.3% |
| 3 months | $13.81 | +33.2% | $0.07 | $1,337 | +33.7% |
| 6 months | $11.26 | +63.4% | $0.14 | $1,647 | +64.7% |
| 1 year | $8.75 | +110.3% | $0.28 | $2,135 | +113.5% |
| 2 years | $10.19 | +80.6% | $0.55 | $1,860 | +86.0% |
| 3 years | $7.42 | +148.1% | $0.78 | $2,586 | +158.6% |
| 5 years | $6.08 | +202.6% | $0.93 | $3,179 | +217.9% |
Historical returns from market close data. Past performance does not guarantee future results.
This entry now belongs to the ledger. Whatever WTTR does next, these words stay.
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