Select Energy Services Reports Second Quarter 2019 Financial Results And Operational Updates
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Select Energy Services, Inc. (WTTR) Misses Q2 EPS by 8c, Revenues Miss
August 6, 2019 4:32 PM EDTSelect Energy Services, Inc. (NYSE: WTTR) reported Q2 EPS of $0.08, $0.08 worse than the analyst estimate of $0.16. Revenue for the quarter came in at $323.9 million versus the consensus estimate of $356.67 million.
Holli Ladhani, President and CEO, stated, "The team did a good job executing on our strategic objectives during the quarter. Our Northern Delaware Pipeline project is progressing on time and on budget as we continue to advance our additional commercialization discussions. The recently expanded Midland chemicals manufacturing facility hit full stride, leading to improving margins for the Oilfield Chemicals segment, and we completed... More
