Reflecting On Oilfield Services Stocks’ Q2 Earnings: NESR (NASDAQ:NESR)

Select Water Solutions issued $900M in 7.625% senior notes due 2034, guaranteed by subsidiaries. Proceeds will fund operations and the Pilot Water acquisition. Notes are redeemable early, with mandatory redemption if the deal fails. U.S. Bank Trust Company is the trustee.

Select Water Solutions (WTTR) priced $900M 7.625% Senior Notes due 2034, upsized from $800M. Proceeds fund Pilot Water Solutions acquisition. Latham & Watkins advised underwriters.

Select Water Solutions priced a $900M offering of 7.625% senior notes due 2034, upsized from $800M. Proceeds, plus cash, will fund the Pilot Water acquisition, repay debt, and cover general corporate purposes. The offering is expected to close on Oct 21, 2026, subject to conditions. If the Pilot Water deal is not completed by March 1, 2027, the company must redeem part of the notes.

Select Water Solutions, Inc. (WTTR) filed an SEC Form 8-K — Other Events. Exhibit 99.1 N ews Release Contacts: Select Water Solutions Garrett Williams – VP, Corporate Finance & Investor Relations (713) 296-1010 IR@selectwater.com Dennard Lascar Investor Relations Ken Dennard / Natalie Hairston (713) 529-6600 WTTR@dennardlascar.com Select Water Solution

Select Water Solutions (WTTR) increased its senior notes offering to $900M from $800M, priced at 7.625%. The notes mature in 2034 with semiannual interest payments. Proceeds will be used alongside cash on hand, per the company.

Select Water Solutions (NYSE:WTTR) priced $900M in 7.625% senior notes due 2034, up from an $800M offering. Proceeds will fund part of its Pilot Water acquisition, repay debts, and support general corporate purposes. The offering is not contingent on the acquisition's completion.