Northland Capmk Has Negative Outlook of TTI FY2025 Earnings

TETRA Technologies, Inc. (NYSE:TTI) – Equities researchers at Northland Capmk cut their FY2025 earnings per share estimates for TETRA Technologies in a report issued on Thursday, February 27th. Northland Capmk analyst B. Brooks now anticipates that the oil and gas company will post earnings of $0.27 per share for the year, down from their prior estimate of $0.40. The consensus estimate for TETRA Technologies’ current full-year earnings is $0.15 per share. Northland Capmk also issued estimates for TETRA Technologies’ FY2026 earnings at $0.44 EPS.

TETRA Technologies (NYSE:TTI) last released its earnings results on Tuesday, February 25th. The oil and gas company reported $0.03 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.03. The business had revenue of $134.50 million for the quarter, compared to analyst estimates of $138.96 million. TETRA Technologies had a return on equity of 14.53% and a net margin of 0.27%.

Separately, D. Boral Capital reissued a “buy” rating and issued a $5.50 target price on shares of TETRA Technologies in a report on Thursday, February 27th.

TETRA Technologies Trading Down 5.6 %

NYSE:TTI opened at $3.43 on Monday. The firm has a market cap of $453.45 million, a P/E ratio of 171.34 and a beta of 2.04. The company has a current ratio of 2.33, a quick ratio of 1.51 and a debt-to-equity ratio of 1.16. The stock’s 50 day simple moving average is $4.18 and its 200-day simple moving average is $3.66. TETRA Technologies has a 12-month low of $2.68 and a 12-month high of $5.12.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Pullen Investment Management LLC grew its holdings in TETRA Technologies by 105.5% during the fourth quarter. Pullen Investment Management LLC now owns 507,650 shares of the oil and gas company’s stock worth $1,817,000 after acquiring an additional 260,611 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in TETRA Technologies by 18.5% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 291,515 shares of the oil and gas company’s stock worth $1,044,000 after acquiring an additional 45,535 shares during the period. Two Sigma Investments LP grew its holdings in TETRA Technologies by 51.2% during the fourth quarter. Two Sigma Investments LP now owns 187,072 shares of the oil and gas company’s stock worth $670,000 after acquiring an additional 63,370 shares during the period. ProShare Advisors LLC grew its holdings in TETRA Technologies by 49.0% during the fourth quarter. ProShare Advisors LLC now owns 35,357 shares of the oil and gas company’s stock worth $127,000 after acquiring an additional 11,634 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in TETRA Technologies by 4.5% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,839 shares of the oil and gas company’s stock worth $257,000 after acquiring an additional 3,124 shares during the period. Institutional investors and hedge funds own 70.19% of the company’s stock.

About TETRA Technologies

TETRA Technologies, Inc, together with its subsidiaries, operates as an energy services and solutions company. It operates through two segments, Completion Fluids & Products Division and Water & Flowback Services. The Completion Fluids & Products segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa.