Tetra Technologies (NYSE:TTI) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Tetra Technologies (NYSE:TTI) announced its quarterly earnings results on Monday. The oil and gas company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01, FiscalAI reports. Tetra Technologies had a return on equity of 9.95% and a net margin of 1.36%. The firm had revenue of $167.95 million for the quarter, compared to analysts’ expectations of $156.84 million.

Tetra Technologies Trading Up 8.1%

Shares of NYSE TTI opened at $5.98 on Wednesday. Tetra Technologies has a 1-year low of $4.87 and a 1-year high of $12.54. The company has a 50-day moving average of $6.11 and a two-hundred day moving average of $8.70. The company has a market cap of $885.16 million, a PE ratio of 99.63 and a beta of 1.29. The company has a current ratio of 2.46, a quick ratio of 1.76 and a debt-to-equity ratio of 0.43.

Analysts Set New Price Targets

A number of research analysts have issued reports on TTI shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Tetra Technologies in a report on Monday. Northland Securities set a $10.00 target price on shares of Tetra Technologies in a report on Tuesday, September 1st. Clear Str upgraded shares of Tetra Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 6th. Finally, Stifel Nicolaus dropped their target price on shares of Tetra Technologies from $13.00 to $12.00 and set a “buy” rating for the company in a research report on Wednesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $11.17.

Insiders Place Their Bets

In related news, Director Angela John acquired 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was purchased at an average price of $6.50 per share, for a total transaction of $65,000.00. Following the transaction, the director directly owned 97,434 shares of the company’s stock, valued at approximately $633,321. This trade represents a 11.44% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 6.27% of the stock is owned by company insiders.

Key Tetra Technologies News

Here are the key news stories impacting Tetra Technologies this week:

• Positive Sentiment: TETRA reported third-quarter revenue of $168.0 million, up 10% year over year and its highest third-quarter total in a decade. Adjusted EPS of $0.06 topped the $0.05 consensus, while revenue also exceeded estimates. Adjusted EBITDA was $25.1 million; net income included $2.0 million of unusual charges. The earnings beat and revenue growth are the clearest near-term supports for TTI. Read More.
• Positive Sentiment: The company projects Arkansas bromine production of 37 million pounds in 2028, rising to 75 million by 2030. That potential expansion offers a longer-term growth opportunity, though the production targets are prospective. Read More.
• Positive Sentiment: Analysis of the quarter cited international expansion and chemical-segment growth as contributors to results, suggesting growth is not limited to a single business area. Read More.
• Negative Sentiment: Northland Securities lowered its 2026 EPS estimate to $0.21 from $0.22, below the $0.24 consensus. The modest revision signals some analyst caution and may limit the positive impact of the earnings beat.

About Tetra Technologies

TETRA Technologies, Inc is an energy services and products company that supports oil and gas exploration and production activities. The company provides specialized fluids, water management solutions and related services used in drilling, well completion, production and industrial applications.

TETRA’s Completion Fluids & Products business supplies clear brine fluids, including calcium bromide and other bromide-based products, as well as associated completion-fluid services. These fluids are used to control pressure and protect well formations during completion and workover operations.