Select Water Solutions’ Q4 2024 Earnings Call: Insights and Analysis
On February 19, 2025, Select Water Solutions, Inc. (WTTR) held its Fourth Quarter and Year End 2024 Earnings Conference Call. The call was led by Garrett Williams, Vice President of Corporate Finance and Investor Relations, and featured key executives of the company: John Schmitz, Founder, Chairman, President, and CEO; Chris George, Executive Vice President and CFO; Michael Skarke, Executive Vice President and COO; and Mike Lyons, Executive Vice President and CTO. Here are some highlights from the call:
Company Participants
Garrett Williams opened the call by welcoming everyone and providing an overview of the agenda. He mentioned that the company would discuss its financial results for the fourth quarter and full year 2024, as well as provide an update on its business outlook and strategic initiatives.
Financial Results
John Schmitz reported that the company had achieved record revenue and earnings in 2024, driven by strong demand for its water solutions services in the oil and gas industry. He highlighted the company’s success in expanding its geographic footprint and entering new markets. Chris George then provided a detailed review of the financial results, including revenue, net income, and EPS.
Business Outlook
Michael Skarke discussed the company’s growth strategy, which includes expanding its service offerings, investing in technology, and increasing its presence in key markets. He mentioned that the company was seeing increased demand for its water management solutions in the renewable energy sector, particularly in wind and solar projects. Mike Lyons then talked about the company’s technology initiatives, including the development of new products and partnerships.
Conference Call Participants
During the Q&A session, the company answered questions from analysts Jim Rollyson of Raymond James, Bobby Brooks of Northland Capital Markets, Jeff Robertson of Water Tower Research, and John Daniel of Daniel Energy Operator. They discussed topics such as the company’s growth prospects, competitive landscape, and financial outlook.
Impact on Individuals
For individual investors, the strong financial performance and growth prospects of Select Water Solutions could be an attractive investment opportunity. The company’s focus on the oil and gas and renewable energy sectors, which are expected to continue growing, positions it well for future success. Additionally, its technology initiatives could lead to innovations that improve efficiency and reduce costs for customers.
Impact on the World
On a larger scale, the water management solutions provided by Select Water Solutions play a crucial role in the energy sector, which is essential for powering the world’s economy. By improving water management efficiency and reducing water usage, the company helps to minimize the environmental impact of energy production. Additionally, its technology initiatives could lead to new solutions that help address the global water scarcity challenge.
Conclusion
In conclusion, Select Water Solutions’ Q4 2024 Earnings Conference Call provided valuable insights into the company’s financial performance and growth prospects. With a strong focus on the oil and gas and renewable energy sectors, and a commitment to innovation and technology, Select Water Solutions is well positioned to continue growing and making a positive impact on the world.
- Select Water Solutions achieved record revenue and earnings in 2024
- Company executives discussed growth strategy, technology initiatives, and financial results
- Strong demand for water solutions in oil and gas and renewable energy sectors
- Impact on individuals: attractive investment opportunity and potential for efficiency improvements
- Impact on the world: crucial role in energy sector and addressing global water scarcity challenge
