Select Water Solutions — Third Quarter 2026 Earnings Summary

Select Water Solutions reported third-quarter 2026 consolidated revenue of $412 million, representing a 28% year-over-year increase, alongside net income of $23 million and Adjusted EBITDA of $93 million. The company achieved record Water Infrastructure revenue of $110 million, driven by a 30% rise in produced water volumes handled to 1.7 million barrels per day. Strategic milestones during the quarter included the divestment of a 55% majority interest in Peak Rentals and the subsequent acquisition of Pilot Water Solutions to expand its Delaware Basin presence. Looking ahead, the company forecasts fourth-quarter Adjusted EBITDA between $95 million and $100 million and net capital expenditures of approximately $300 million to $310 million for the full year.