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GAINESVILLE, Texas - Select Water Solutions, Inc. (NYSE:WTTR), a provider of water management and chemical solutions to the energy industry, announced Thursday it has become a Founding Member of NYSE Texas, adding a dual listing on the newly launched electronic equities exchange based in Dallas. The company, with a market capitalization of $869 million and strong financial health metrics including a current ratio of 2.01, has demonstrated solid operational performance with $1.46 billion in revenue over the last twelve months.
The company will maintain its primary listing on the New York Stock Exchange while trading under the same "WTTR" ticker symbol on NYSE Texas.
"We are pleased to join NYSE Texas as a Founding Member," said John Schmitz, Chairman of the Board, President and CEO of Select Water Solutions. "Select is proud of our longstanding track record and operations in Texas, where the company was founded, continues to be headquartered, and where the majority of our operations are located."
Chris Taylor, Chief Development Officer of NYSE Group, stated, "Select Water is the leading provider of full-life cycle water solutions for the energy industry, and we are honored to welcome them to our community of NYSE Texas Founding Members."
Select Water Solutions provides water management services primarily to the energy sector, with operations concentrated in Texas. The company focuses on sustainable water and chemical solutions throughout the lifecycle of energy wells.
The announcement comes as NYSE Texas establishes itself as a new fully electronic equities exchange headquartered in Dallas.
This article is based on a press release statement from Select Water Solutions.
In other recent news, Select Energy Services Inc. reported its Q2 2025 earnings, which did not meet forecasts. The company announced an earnings per share (EPS) of $0.10, missing the anticipated $0.12, which represents a 16.67% negative surprise. Revenue for the quarter was $364.22 million, slightly below the expected $367.53 million, indicating a shortfall of 0.9%. These recent developments highlight the challenges the company faced in meeting analyst expectations.
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