Select Energy Services Reports Third Quarter 2019 Financial Results And Operational Updates
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Select Energy Services, Inc. (WTTR) Misses Q3 EPS by 4c, Revenues Beat
November 6, 2019 4:39 PM ESTSelect Energy Services, Inc. (NYSE: WTTR) reported Q3 EPS of $0.07, $0.04 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $329 million versus the consensus estimate of $314.57 million.
Holli Ladhani, President and CEO, stated, "The team continued to deliver strong free cash flow. With over $67 million of operating cash flow in the quarter, we funded our capital program, including the build out of our Northern Delaware pipeline, executed a small but strategic acquisition and returned capital to shareholders via a modest share repurchase initiative, all while continuing to build cash... More
