TETRA Technologies, Inc. (TTI)
Tetra Technologies, Inc. (TTI) is a global oil and gas services company that specializes in completion fluids, water management, and hydraulic fracturing solutions. Founded in 1981, it provides innovative products and services to support the exploration, development, and production of oil and natural gas resources. Tetra serves clients across North America, Latin America, and other international markets, focusing on enhancing operational efficiency and environmental sustainability.
Company News
Tetra Technologies, an oil and gas services company, has received mixed analyst ratings with an average 12-month price target of $6.12. The company shows positive revenue growth and strong financial performance, but has a higher debt-to-equity ratio.
The water desalination equipment market is expected to grow rapidly, driven by investments in the oil & gas, mining, and water & wastewater treatment industries. The Middle East and Africa are expected to hold a prominent share of the market, with membrane-based technologies like reverse osmosis gaining popularity.
Tetra Technologies (TTI) delivered earnings and revenue surprises of 150% and 0.59%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Exxon Mobil said Monday it plans to begin producing lithium for electric-vehicle batteries by 2027 from a mining operation in southwest Arkansas under the brand Mobil Lithium.
