TTI Tetra Dashboard

TETRA Technologies, Inc. is a geographically diversified oil and gas services company, focused on completion fluids and associated products and services, water management, frac flowback, production well testing, and compression services and equipment. TETRA owns an equity interest, including all of the general partner interest, in CSI Compressco LP, a master limited partnership.

Company profile

Ticker

TTI

Exchange

NYSE

Website

www.tetratec.com/

CEO

Brady Murphy

Incorporated

Delaware

Location

Texas

Fiscal year end

Dec 31

Sector

Mining, Quarrying, and Oil and Gas Extraction > Crude Petroleum and Natural Gas Extraction

Industry (SIC)

Crude Petroleum & Natural Gas

Petroleo Brasileiro S.A. Petrobras • Anadarko Petroleum • Marathon Oil • Apache • Devon Energy • Occidental Petroleum • EOG Resources • Pressburg • Ovintiv • California Resources ...

SEC CIK

0000844965

Corporate docs

Articles of Incorporation & Bylaws

IRS number

742148293

TTI stock data

S&P 500

1M 1Y 2Y 5Y

News

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Stocks That Hit 52-Week Highs On Thursday

11 Mar 21

On Thursday morning, 420 companies hit new 52-week highs.

Stocks That Hit 52-Week Highs On Friday

5 Mar 21

During Friday's morning session, 251 stocks hit new 52-week highs.

Earnings Scheduled For February 25, 2021

25 Feb 21

Companies Reporting Before The Bell • PG&E (NYSE:PCG) is likely to report quarterly earnings at $0.23 per share on revenue of $4.78 billion.

Stocks That Hit 52-Week Highs On Tuesday

9 Feb 21

Stocks That Hit 52-Week Highs On Monday

8 Feb 21

Press releases

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TETRA Technologies, Inc. Announces Appointment of Shawn D. Williams as a Director

5 Apr 21

THE WOODLANDS, Texas, April 5, 2021 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced that its Board of Directors has appointed Shawn D. Williams as a member

TETRA Technologies, Inc. To Present At The Scotia Howard Weil Energy Conference

22 Mar 21

THE WOODLANDS, Texas, March 22, 2021 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced that its senior management will do a virtual presentation at the 49th Annual

TETRA Technologies, Inc. Announces Full Year And Fourth Quarter 2020 Results

24 Feb 21

THE WOODLANDS, Texas, Feb. 24, 2021 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced full year and fourth quarter 2020 results, which are within the range of

TETRA Technologies, Inc. Announces Date of Its Annual Meeting of Shareholders

4 Feb 21

TETRA Technologies, Inc. Regains Compliance With NYSE Minimum Average Closing Price Requirements

1 Feb 21

Calendar

5 Mar 21

18 Apr 21

31 Dec 21

Financial summary

Financial statements Chart TTI financial data

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

Annual (USD)	Dec 20	Dec 19	Dec 18	Mar 18
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)	83.89M	83.89M	83.89M	83.89M	83.89M	83.89M
Cash burn (monthly)	(positive/no burn)	(positive/no burn)	(positive/no burn)	2.09M	(positive/no burn)	(positive/no burn)
Cash used (since last report)	n/a	n/a	n/a	7.54M	n/a	n/a
Cash remaining	n/a	n/a	n/a	76.36M	n/a	n/a
Runway (months of cash)	n/a	n/a	n/a	36.5	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

TTI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
2 Apr 21	Jacek M Mucha	Common Stock	Payment of exercise	Dispose F	No	No	2.8	4,413	12.36K	44,358
2 Apr 21	Jacek M Mucha	Common Stock	Grant	Aquire A	No	No	0	18,123	0	48,771
2 Apr 21	Timothy C Moeller	Common Stock	Payment of exercise	Dispose F	No	No	2.8	5,601	15.68K	58,062
2 Apr 21	Timothy C Moeller	Common Stock	Grant	Aquire A	No	No	0	23,002	0	63,663
2 Apr 21	Brady M Murphy	Common Stock	Payment of exercise	Dispose F	No	No	2.8	38,400	107.52K	783,800
2 Apr 21	Brady M Murphy	Common Stock	Grant	Aquire A	No	No	0	97,584	0	822,200
2 Apr 21	Elijio V Serrano	Common Stock	Payment of exercise	Dispose F	No	No	2.8	24,686	69.12K	711,534
2 Apr 21	Elijio V Serrano	Common Stock	Grant	Aquire A	No	No	0	62,733	0	736,220
2 Apr 21	Matthew Sanderson	Common Stock	Payment of exercise	Dispose F	No	No	2.8	7,044	19.72K	253,114
2 Apr 21	Matthew Sanderson	Common Stock	Grant	Aquire A	No	No	0	28,927	0	260,158

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

TTI institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

15.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	3	75	-96.0%
Opened positions	0	14	EXIT
Closed positions	72	21	+242.9%
Increased positions	0	15	EXIT
Reduced positions	3	30	-90.0%

13F shares	Current	Prev Q	Change
Total value	16.41M	30.08M	-45.4%
Total shares	19.05M	55.77M	-65.8%
Total puts	0	0
Total calls	0	16.8K	EXIT
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Roumell Asset Management	10.29M	$8.87M	-10.3%
Fuller & Thaler Asset Management	6.96M	$5.99M	-2.4%
Dimensional Fund Advisors	1.81M	$1.56M	-42.3%

Largest transactions	Shares	Bought/sold	Change
Vanguard	0	-4.21M	EXIT
Prescott Group Capital Management, L.L.C.	0	-2.76M	EXIT
Arrowstreet Capital, Limited Partnership	0	-2.53M	EXIT
Marathon Capital Management	0	-2.07M	EXIT
BLK Blackrock	0	-2.02M	EXIT
Millennium Management	0	-2.01M	EXIT
Bridgeway Capital Management	0	-1.76M	EXIT
ATAC Neuberger Berman	0	-1.68M	EXIT
Dimensional Fund Advisors	1.81M	-1.33M	-42.3%
Huber Capital Management	0	-1.31M	EXIT

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Nuverra Environmental Solutions

Management Discussion

Consolidated revenues for 2020 decreased compared to the prior year primarily due to lower activity in our Water & Flowback Services Division, where revenue decreased by $146.9 million. The decreased for this division was driven by a significant reduction in capital spending by our customers in response to the decline in oil prices associated with the COVID-19 pandemic. See Divisional Comparisons section below for additional discussion.
Consolidated gross profit increased during 2020 compared to the prior year primarily due to a $91.8 million impairment charge at our El Dorado plant, which reduced gross profit for the Completion Fluids and Products Division in 2019. Despite lower activity levels, this division continued to deliver strong margins during 2020 and generated gross profit that was in line with the prior year gross profit before impairments. The increased gross profit for the Completion Fluids and Products Division in 2020 was partially offset by results for the Water & Flowback Services Division, where lower revenues impacted gross profit, despite aggressive management of costs.
Consolidated general and administrative expenses decreased during 2020 compared to the prior year primarily due to decreased salary related expenses of $19.1 million, decreased general expenses of $1.9 million and decreased professional services fees of $1.7 million. These decreases were partially offset by increased bad debt expenses of $3.3 million. Decreased general and administrative expenses were primarily driven by our

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From filing 10-K 2020 FY