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Select Water Solutions (WTTR) Announces $175 Million Equity Offering

The share price of Select Water Solutions, Inc. (NYSE:WTTR) fell by 4.44% between February 18 and February 25, 2026, putting it among the Energy Stocks that Lost the Most This Week.

Select Water Solutions, Inc. (NYSE:WTTR) is a leader in water management and chemical technology serving customers in the oil and gas industry and other industrial applications.

Select Water Solutions, Inc. (NYSE:WTTR) fell after the company announced a $175 million secondary equity offering on February 19, underscoring concerns about dilution for current shareholders. Moreover, WTTR revealed plans to grant the underwriters a 30-day option to acquire up to an additional $26.25 million of shares at the public offering price, less underwriting discounts and commissions.

The company has priced the offering of 13.7 million shares at $12.75 per share, with net proceeds going towards general corporate purposes, including water infrastructure growth projects, potential acquisitions, or debt repayment.

The strategic move comes after Select Water Solutions, Inc. (NYSE:WTTR) announced better-than-expected Q4 2025 results on February 17. The company is forecasting 20%-25 % YoY growth for its Water Infrastructure segment in 2026, while maintaining gross margins similar to the 54% level achieved in the fourth quarter of 2025.

While we acknowledge the potential of WTTR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than WTTR and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 12 Best Crude Oil Stocks to Buy as Tensions Rise and 14 Best LNG Stocks to Buy Now.

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At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

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  • 140 Metas
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