Select Water Solutions, Inc. (WTTR)

9.36 -0.03 (-0.32%) At close: 04:00PM EDT

Select Water Solutions, Inc.

1223 West Loop South
Suite 1400
Houston, TX 77027
United States
713 235 9500
https://www.selectwater.com

Sector(s): Basic Materials
Industry: Specialty Chemicals
Full-time employees: 4,200

Key executives

Name	Title	Pay	Exercised	Year born
Mr. John D. Schmitz	President, CEO & Chairman	1.6M	N/A	1960
Mr. Christopher K. George	Executive VP & CFO	588.81k	N/A	1987
Mr. Michael C. Skarke	Executive VP & COO	673.74k	N/A	1982
Mr. Cody J. Ortowski	Executive Vice President of Business & Regulatory Affairs	631.13k	N/A	1977
Mr. Brian P. Szymanski	VP & Chief Accounting Officer	N/A	N/A	1968
Mr. Michael J. Lyons	Executive VP, Chief Strategy Officer & Interim CTO	N/A	N/A	1984
Ms. Christina Marie Ibrahim	Senior VP, General Counsel, Chief Compliance Officer & Secretary	N/A	N/A	1968
Mr. Joey Fanguy	President of Fluid Handling & Disposal Solutions	N/A	N/A	N/A
Mr. Patrick Anderle	President of Peak Oilfield Services - Accommodations & Rentals	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Select Water Solutions, Inc., together with its subsidiaries, provides water management and chemical solutions to the energy industry in the United States. The company operates through three segments: Water Services, Water Infrastructure, and Chemical Technologies. The Water Services segment provides water-related services, including water sourcing, water transfer, flowback and well testing, water containment, fluids hauling, water monitoring, and water network automation; technology solutions comprising hydrographic mapping, water volume and quality monitoring, remote pit and tank monitoring, leak detection, asset and fuel tracking, and automated-equipment services, as well as various surface rental equipment and workforce accommodation services. The Water Infrastructure segment engages in the recycling, gathering, transferring, and disposal of water through a network of permanent pipeline infrastructure, semi-permanent pipeline infrastructure, water recycling facilities, earthen pits, water sources, and SWDs; provides solids management services; and develops, builds, and operates semi-permanent and permanent infrastructure solutions. The Chemical Technologies segment provides technical solutions, products, and services related to chemical applications in the oil and gas industry. This segment develops, manufactures, and manages logistics; and provides chemicals used in hydraulic fracturing, stimulation, cementing, and well completions for pressure pumpers and oil and gas producers, as well as offers production chemical solutions for underperforming wells, corrosion and scale monitoring, chemical inventory management, well failure analysis, and lab services. It primarily serves oil and gas producers. The company was formerly known as Select Energy Services, Inc. and changed its name to Select Water Solutions, Inc. in May 2023. Select Water Solutions, Inc. was incorporated in 2016 and is headquartered in Houston, Texas.

Corporate governance

Select Water Solutions, Inc.’s ISS governance QualityScore as of 1 April 2024 is 8. The pillar scores are Audit: 6; Board: 5; Shareholder rights: 3; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.