A director at Select Water Solutions Inc sold/sold after exercising options 73,450 shares at 13.030USD and the significance rating of the trade was 64/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's ...
Semiconductors Re-emerge as Leadership; Still Bullish The Fed injected some volatility into the market after their December meeting, as they noted an uncertain inflation outlook and the SEP showed the median expected rate cuts for 2025 fell to just 50bps, down from 100bps at the September meeting. We discussed in our latest report (12/23/24 ETF Pathfinder), and continue to believe, that this is a buying opportunity. Market dynamics remain risk-on, the S&P 500 remains above 5850 (a key support l...
We hosted a fireside chat with Chairman, President, and CEO John Schmitz and CFO Chris George on May 22, 2024. We discussed Select Water Solutions’ strategic shift toward building up the Water Infrastructure segment’s capacity to drive increased profitability and predictability for the company. This report contains a transcript of the conversation, which can be accessed on demand. The link is accessible in our full report. Select provides water management solutions to meet the needs of oil & gas...
Water Infrastructure segment growth supports an expanding margin profile in future periods. So far in 2024, Select has closed five infrastructure assets for an aggregate of ~$138 million. Assets added expand Select’s ability to provide comprehensive water solutions to customers in the Permian Basin, Williston Basin, and Haynesville/East Texas regions. Along with revenue growth from organic expansion projects, acquisitions are expected to contribute to growing infrastructure revenue over the cour...
Select Water Solutions provides a suite of solutions to meet the full life cycle water needs of customers in nearly every major producing region in the US. In 2023, the Permian region contributed 48% of total revenue. Select’s business is segmented in three reportable segments: Water Infrastructure, Water Services, and Chemical Technologies. Water Infrastructure revenue grew 84% Y/Y in 2023. Infrastructure gross profit (before depreciation and amortization) was 39.9% in 2023, compared with 21.1%...
Select Water Solutions provides integrated water solutions to customers in the oil and natural gas industry. Management’s mission is to provide full life-cycle solutions through three segments: Water Services, Water Infrastructure, and Chemical Technologies. Proprietary technology platforms provide customers with real-time data and help them maximize their ability to efficiently manage water needs. Customers include leading public and private E&P operators and pressure pumping providers in major...
Bear Market Rally Continues The market remains in bear market rally mode, and our price target remains the 200-day MAs on the S&P 500 and Russell 2000 (IWM), as discussed in last week's Compass (Oct. 25). Longer-term, this is still a bear market until the S&P 500 and IWM can break above their respective YTD downtrends/200-day MAs, and markets could easily test their lows again. With that said, there are signs that suggest breakouts above YTD downtrends/200-day MAs could be coming. Catalysts inc...
Another Bear Market Rally Begins The bear market rally we have been discussing since our Sept. 27 Compass has begun, with over half of the Sectors and all the major indexes (S&P 500, Nasdaq 100, DJIA, and S&P 600 Small Caps) showing bullish 2+ month inflections. As referenced last week, we expect the aforementioned indexes to rally to their respective 200-day MAs; longer-term, this is still a bear market until they can break above their respective 200-day MAs. Bullish 2+ Month Inflections. As ...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
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