Select Water Solutions (WTTR) reported second-quarter 2026 revenue of $395.8 million, up from $366.0 million in the first quarter and $364.2 million a year earlier. Net income was $22.6 million, compared with $9.4 million in the prior quarter and $11.7 million in the second quarter of 2025.
The company reported record revenue in Water Infrastructure and Chemical Technologies, and signed a seven-year Northern Delaware Basin agreement with a 128-million-barrel minimum volume commitment.
- Adjusted EBITDA was $92.7 million, compared with $77.6 million in the first quarter and $72.6 million a year earlier.
- Water Infrastructure revenue was $101.6 million, up 5.0% sequentially.
- Water Services revenue was $198.2 million, up 3.6% sequentially.
- Chemical Technologies revenue was $96.0 million, up 23% sequentially.
- Operating cash flow was $86.7 million, and free cash flow was $17.0 million.
- Total liquidity was $277.8 million as of June 30, 2026.
$WTTR Insider Trading Activity
$WTTR insiders have traded $WTTR stock on the open market 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $WTTR stock by insiders over the last 6 months:
- PARTNERS II GP, L.P. CRESTVIEW has made 0 purchases and 4 sales selling 6,346,223 shares for an estimated $108,304,891.
- RICHARD ALAN BURNETT has made 0 purchases and 2 sales selling 65,000 shares for an estimated $1,217,903.
- JOHN SCHMITZ (President & CEO) has made 0 purchases and 2 sales selling 50,757 shares for an estimated $661,026.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$WTTR Hedge Fund Activity
We have seen 122 institutional investors add shares of $WTTR stock to their portfolio, and 86 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FRANKLIN RESOURCES INC added 3,146,350 shares (+40.7%) to their portfolio in Q1 2026, for an estimated $48,139,155
- MEREWETHER INVESTMENT MANAGEMENT, LP added 2,889,000 shares (+inf%) to their portfolio in Q1 2026, for an estimated $44,201,700
- DIVISADERO STREET CAPITAL MANAGEMENT, LP added 1,901,651 shares (+inf%) to their portfolio in Q1 2026, for an estimated $29,095,260
- VAN ECK ASSOCIATES CORP added 1,061,153 shares (+49.4%) to their portfolio in Q1 2026, for an estimated $16,235,640
- CITADEL ADVISORS LLC added 950,371 shares (+504.2%) to their portfolio in Q1 2026, for an estimated $14,540,676
- UBS GROUP AG added 950,318 shares (+412.1%) to their portfolio in Q1 2026, for an estimated $14,539,865
- WELLINGTON MANAGEMENT GROUP LLP removed 929,984 shares (-18.9%) from their portfolio in Q1 2026, for an estimated $14,228,755
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
