Select Water Solutions (WTTR) Q2 FY26 earnings call

Select Water Solutions reported a very strong Q2 FY26, driven by record revenues and margin expansion in its Water Infrastructure and Chemical Technologies segments. The company secured a significant 7-year MVC contract and acquired 14 strategic SWDs, reinforcing its Permian Basin network. While capital expenditures are increasing to support growth, the company is establishing long-term contracted cash flows and expects improved free cash flow potential in 2027 and beyond.