Company profile

TTI stock data

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Calendar

3 Nov 20
22 Jan 21
31 Dec 21

News

Quarter (USD) Sep 20 Jun 20 Mar 20 Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Mar 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Tetra earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 75.22M 75.22M 75.22M 75.22M 75.22M 75.22M
Cash burn (monthly) (positive/no burn) (positive/no burn) 6.93M 6.04M (positive/no burn) (positive/no burn)
Cash used (since last report) n/a n/a 25.94M 22.62M n/a n/a
Cash remaining n/a n/a 49.28M 52.6M n/a n/a
Runway (months of cash) n/a n/a 7.1 8.7 n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
26 Sep 20 O'Brien Richard D Common Stock Payment of exercise Dispose F No 0.5006 2,757 1.38K 152,421
26 Sep 20 O'Brien Richard D Common Stock Option exercise Aquire M No 0 11,319 0 155,178
26 Sep 20 O'Brien Richard D RSU Common Stock Option exercise Dispose M No 0 11,319 0 33,959
31 Aug 20 Elijio V Serrano Common Stock Payment of exercise Dispose F No 0.68 4,131 2.81K 629,523
31 Aug 20 Matthew Sanderson Common Stock Payment of exercise Dispose F No 0.68 2,131 1.45K 168,450
25 Aug 20 Timothy C Moeller Common Stock Option exercise Aquire M No 0 4,484 0 25,624
25 Aug 20 Timothy C Moeller RSU Common Stock Option exercise Dispose M No 0 4,484 0 13,453
25 Aug 20 Elijio V Serrano Common Stock Payment of exercise Dispose F No 0.6152 8,299 5.11K 633,654
25 Aug 20 Elijio V Serrano Common Stock Option exercise Aquire M No 0 34,079 0 641,953
25 Aug 20 Elijio V Serrano RSU Common Stock Option exercise Dispose M No 0 34,079 0 102,239
44.3% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 76 83 -8.4%
Opened positions 14 25 -44.0%
Closed positions 21 49 -57.1%
Increased positions 15 13 +15.4%
Reduced positions 30 31 -3.2%
13F shares
Current Prev Q Change
Total value 30.08M 109.72M -72.6%
Total shares 55.77M 64.04M -12.9%
Total puts 0 0
Total calls 16.8K 940.3K -98.2%
Total put/call ratio
Largest owners
Shares Value Change
Roumell Asset Management 11.48M $5.86M +48.3%
Fuller & Thaler Asset Management 7.13M $3.64M -7.8%
Vanguard 4.21M $2.15M -22.4%
Dimensional Fund Advisors 3.13M $1.6M -32.0%
Prescott Group Capital Management, L.L.C. 2.76M $1.41M -0.0%
Arrowstreet Capital, Limited Partnership 2.53M $1.29M +36.1%
Marathon Capital Management 2.07M $1.06M +82.6%
BLK Blackrock 2.02M $1.03M -11.1%
Millennium Management 2.01M $1.03M -32.6%
Bridgeway Capital Management 1.76M $900K -12.4%
Largest transactions
Shares Bought/sold Change
TROW T. Rowe Price 0 -6.85M EXIT
Roumell Asset Management 11.48M +3.74M +48.3%
Dimensional Fund Advisors 3.13M -1.47M -32.0%
Huber Capital Management 1.31M +1.31M NEW
Vanguard 4.21M -1.22M -22.4%
Jane Street 0 -1.16M EXIT
Fondren Management 0 -1.15M EXIT
ExodusPoint Capital Management 0 -1.01M EXIT
Millennium Management 2.01M -970.96K -32.6%
Marathon Capital Management 2.07M +936.5K +82.6%

Financial report summary

?
Management Discussion
  • Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.
  • We are a geographically diversified oil and gas services company, focused on completion fluids and associated products and services, comprehensive water management, frac flowback, production well testing and offshore rig cooling services, and compression services and equipment. We operate through three reporting segments organized into three Divisions - Completion Fluids & Products, Water & Flowback Services, and Compression.
  • Demand for the products and services of our Completion Fluids & Products Division has remained resilient despite the continued significant downward pressure on oil prices and ongoing uncertainty in many of the markets in which we operate. During the third quarter of 2020, lower domestic completion fluids product sales revenues as a result of hurricane activity in the Gulf of Mexico were offset by strong international sales mainly in the Middle East and Europe. However, continuing low prices for oil and gas and further price erosion could adversely affect the demand for our products and services in the future.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
New words: assemble, awarded, awarding, comparison, East, Europe, hurricane, Middle, recover, released, stabilized, stabilizing
Removed: engineering, execute, filtration, high, improved, improvement, intend, proactively, respond, utilization, vigorously

Patents

GRANT
Utility
Stabilization and reduction of TCT of brines containing monovalent iodides
1 Dec 20
A composition for use in a wellbore activity, the composition comprising a stabilized monovalent iodide brine, the stabilized monovalent iodide brine comprises a monovalent salt system, the monovalent salt system comprises a monovalent iodide; a primary iodide stabilizer, the primary iodide stabilizer operable to remove free iodine, prevent the formation of free iodine, and suppress TCT; and an aqueous fluid, where the stabilized monovalent iodide brine has a density greater than 10 lb/gal, where the stabilized monovalent iodide brine has a TCT of less than or equal to 70 deg F.
GRANT
Utility
Multi chamber mixing manifold
20 Oct 20
One or more embodiments relate to systems and methods for mixing of two or more fluids using a multi-chamber manifold.
GRANT
Utility
Method of delivering frac fluid and additives
20 Oct 20
A method for the controlled delivery of a fracturing fluid to a well bore comprises formulating an aqueous base fluid such that it meets or exhibits desired physical and chemical characteristics for an optimal fracturing fluid.
APP
Utility
Rapid Deployment Frac Water Transfer System
15 Oct 20
A method of and apparatus for the rapid deployment of a fracturing water transferring system, along with the rapid picking up and storage of such system after use.
APP
Utility
High Density, Low TCT Monovalent Brines and Uses Thereof
13 Aug 20
A method of using a suppression factor fluid during a well activity is provided.