Oil prices rebound sharply on smaller-than-feared OPEC+ output hike
Investing.com - Stifel has reiterated its Buy rating on TETRA Technologies Inc. (NYSE:TTI) with a price target of $6.50. The stock, currently trading at $5.27, has shown remarkable momentum with a 70% return over the past year. According to InvestingPro analysis, TTI appears undervalued based on its Fair Value assessment.
The research firm highlighted key takeaways from its visit to EOSE’s manufacturing facility, which it says supports expectations for strong sales of PureFlow from TTI to EOSE in 2026-2027 and beyond.
Stifel referenced its earlier note titled "Turtle Creek Visit Supports our Positive View; Raising Target Price to $10.00," though the current reiterated price target remains at $6.50.
The firm expects TETRA’s upcoming Analyst Day in New York to provide updates on the company’s growth initiatives, including details on desalination opportunities, potential bromine and lithium development, and information on the deepwater Fluids business.
TETRA Technologies specializes in completion fluids, water management, and associated products and services for the oil and gas industry, with growing focus on industrial and energy transition applications.
In other recent news, Tetra Technologies reported its second-quarter 2025 earnings, exceeding Wall Street expectations. The company posted an earnings per share (EPS) of $0.09, surpassing the forecast of $0.08. Revenue also outperformed predictions, reaching $174 million compared to the anticipated $173.65 million. These results reflect the company’s strong performance during the quarter. Analysts have noted the significance of these figures, though specific upgrades or downgrades were not reported. The positive earnings report has drawn attention to Tetra Technologies’ financial health. These developments are part of the company’s ongoing financial narrative. Investors are likely to closely watch Tetra Technologies for further updates.
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