$WTTR

Akamai (AKAM) shares rose 17% after a $11.6B cloud deal with Anthropic, including a warrant for 7.7M shares. Zscaler (ZS) fell 4% on CRO appointment news. Select Water Solutions (WTTR) gained 13% on a $700M acquisition deal.

Select Water Solutions, Inc. (WTTR) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 Contacts: NEWS RELEASE Select Water Solutions Garrett Williams – VP, Corporate Finance & Investor Relations (713) 296-1010 IR@selectwater.com FOR IMMEDIATE RELEASE Dennard Lascar Investor Relations Ken Dennard / Natalie Hairston (713) 529-6600 WTTR@dennardlascar.com

Select Water Solutions (WTTR) shares rose 20% after-hours after announcing a $700M deal to acquire Pilot Water Solutions, including $600M in cash and $100M in stock. The acquisition is expected to add $120M-$130M to 2027 EBITDA and close in Q4 2026, subject to approvals.

NESR (NASDAQ:NESR) reported fastest revenue growth, stock up 12.6%. Select Water Solutions (NYSE:WTTR) revenues up 8.7%, stock up 9%. ProPetro (NYSE:PUMP) revenues down 6.2%, stock down 1.8%. World Kinect (NYSE:WKC) revenues up 50.3%, stock up 1.3%. Patterson-UTI (NASDAQ:PTEN) revenues flat, stock up 38.3%.

Centrus Energy (LEU), SM Energy (SM), BKV (BKV), Select Water Solutions (WTTR), and ProFrac (ACDC) rose after crude oil prices surged due to strikes on Saudi energy facilities, according to Bloomberg. Brent crude rose $1.00 to $98.00, WTI climbed $2.00 to $93.65, per Reuters. Centrus Energy is down 30.9% YTD, trading 56.8% below its 52-week high.

ProPetro (PUMP) is up 10% post-earnings at $11.73. Select Water Solutions (WTTR) reported $395.8M revenue, up 8.7% YoY, beating estimates, and its stock rose 8.7% to $20.11. Borr Drilling (BORR) saw revenue decline 13.2% YoY, missing estimates, but its stock increased 14.6% to $4.88. Bristow Group (VTOL) reported $411.8M revenue, up 9.4% YoY, beating expectations, but its stock fell 5.2% to $45.24. Helmerich & Payne (HP) reported flat revenue but beat estimates, with its stock up 40.9% to $46.90

Select Water Solutions (WTTR) announced a 12-year agreement in the Northern Delaware Basin, covering 500,000 acres and supporting a $100M-$120M expansion. The deal includes an option to assume saltwater disposal wells, potentially deepening its Permian Basin infrastructure. The company projects $1.7B revenue and $78.6M earnings by 2029, with a 18% upside to its current price.

Select Water Solutions (WTTR) reported $93M EBITDA, exceeding expectations. The company accelerated 2027 goals to 2026, investing in projects. It expanded contracts, adding 800K acres and 14 disposal wells. Select plans $200M-$250M in capital investments in the Permian region, with additional $160M opportunities. The company explores mineral extraction and beneficial-reuse opportunities.

ProPetro (PUMP) reported $305.8M revenue, down 6.2% YoY, missing estimates. Transocean (RIG) reported $988.3M revenue, flat YoY, beating estimates. Select Water Solutions (WTTR) reported $395.8M revenue, up 8.7% YoY, beating estimates. All three stocks rose post-earnings.

Select Water Solutions Inc. expanded its agreement with a Permian Basin operator, adding new development areas, increasing fixed pricing, and extending the term to 12 years. The deal includes constructing 100 miles of pipelines, 3 million bbl of storage, and 60,000 b/d of recycling capacity, supported by 500,000 dedicated acres. The project, costing $100-$120 million, is expected to be operational by late 2027 and may include saltwater disposal wells in New Mexico and Texas.