MarketBeat · 27 Sept 2026positive
Select Water Solutions has agreed to acquire Pilot Water Solutions for $700 million, a deal that expands its produced-water disposal and pipeline network, particularly in the Permian Basin's Delaware Basin. The transaction is expected to close in the fourth quarter of 2026, subject to customary conditions and regulatory approvals.
Why it matters — WTTR watchers would care because the acquisition broadens the company's produced-water infrastructure footprint in a key shale region, strengthening its presence in the Delaware Basin.
Seeking Alpha · 25 Sept 2026neutral
Select Water Solutions, Inc. (WTTR) held an M&A call, the transcript of which has been published by Seeking Alpha. The call appears to discuss merger and acquisition matters related to the company.
Why it matters — WTTR watchers would want to review the transcript to understand management's commentary on the strategic M&A transaction.
PRNewsWire · 24 Sept 2026positive
Select Water Solutions announced a definitive agreement to acquire Pilot Water Solutions, a private water midstream company operating in the Delaware Basin, in a deal valued at $700 million comprising $600 million in cash and $100 million in Class A common stock, plus up to $15 million in potential earnout consideration. The acquisition adds an estimated $120-$130 million of 2027E EBITDA and $10-$15 million in targeted cost synergies.
Why it matters — For WTTR watchers, the acquisition strengthens the company's infrastructure-led business—with Water Infrastructure projected to represent roughly 70% of pro forma profitability by 2027—while preserving a strong balance sheet with projected pro forma net leverage below 2.0x at closing.
PRNewsWire · 3 Sept 2026positive
Select Water Solutions published its 2025 Sustainability Report, reporting that it treated or recycled 23.3 billion gallons of water (up 16% from 2024), exceeded the annual water recycling and employee safety targets in its sustainability-linked credit facility by 17% and 51% respectively, and reduced combined Scope 1 and Scope 2 GHG emissions by 7% year over year.
Why it matters — WTTR watchers would care because the company exceeded the sustainability targets tied to its sustainability-linked credit facility, which affects its financing terms, while also improving water recycling and cutting emissions.
MarketBeat · 28 Aug 2026positive
Select Water Solutions is expanding its water infrastructure business around produced-water recycling, disposal and pipeline systems serving U.S. oil and gas operators, and pursuing opportunities in municipal, industrial, mineral extraction and data-center markets, according to Vice President Garrett Williams.
Why it matters — WTTR watchers would care because the company is positioning its core infrastructure business around produced-water recycling while diversifying into new end markets, indicating its growth focus.
