
Tetra Technologies, Inc. (NYSE:TTI – Free Report) – Equities researchers at Northland Securities upped their FY2027 earnings per share (EPS) estimates for Tetra Technologies in a research note issued to investors on Wednesday, November 4th. Northland Securities analyst B. Brooks now anticipates that the oil and gas company will post earnings of $0.23 per share for the year, up from their previous forecast of $0.22. The consensus estimate for Tetra Technologies’ current full-year earnings is $0.24 per share. Northland Securities also issued estimates for Tetra Technologies’ Q4 2027 earnings at $0.05 EPS.
Tetra Technologies (NYSE:TTI – Get Free Report) last issued its quarterly earnings data on Monday, November 2nd. The oil and gas company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. The business had revenue of $167.95 million for the quarter, compared to the consensus estimate of $156.84 million. Tetra Technologies had a return on equity of 9.31% and a net margin of 1.36%.
Several other research analysts have also commented on TTI. Clear Str raised shares of Tetra Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 6th. Stifel Nicolaus reduced their target price on shares of Tetra Technologies from $13.00 to $12.00 and set a “buy” rating on the stock in a research note on Wednesday, September 23rd. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Tetra Technologies in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $11.17.
Read Our Latest Stock Report on Tetra Technologies
Tetra Technologies Price Performance
Shares of Tetra Technologies stock opened at $6.11 on Thursday. The stock has a market cap of $907.20 million, a price-to-earnings ratio of 101.87 and a beta of 1.29. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.76 and a current ratio of 2.43. The stock has a 50 day moving average price of $6.10 and a 200-day moving average price of $8.67. Tetra Technologies has a one year low of $4.87 and a one year high of $12.54.
Institutional Investors Weigh In On Tetra Technologies
Hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. purchased a new position in Tetra Technologies during the 2nd quarter valued at $138,491,000. Encompass Capital Advisors LLC grew its position in Tetra Technologies by 10.7% in the 1st quarter. Encompass Capital Advisors LLC now owns 3,201,953 shares of the oil and gas company’s stock valued at $27,281,000 after acquiring an additional 310,363 shares during the last quarter. Wellington Management Group LLP increased its stake in Tetra Technologies by 60.2% in the second quarter. Wellington Management Group LLP now owns 2,343,491 shares of the oil and gas company’s stock worth $26,552,000 after purchasing an additional 880,413 shares during the period. Bank of America Corp DE purchased a new stake in Tetra Technologies in the second quarter worth $20,103,000. Finally, Rice Hall James & Associates LLC bought a new stake in shares of Tetra Technologies during the second quarter worth $12,099,000. 70.19% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity
In other Tetra Technologies news, Director Angela John bought 10,000 shares of the business’s stock in a transaction dated Wednesday, September 2nd. The shares were purchased at an average price of $6.50 per share, with a total value of $65,000.00. Following the completion of the purchase, the director owned 97,434 shares in the company, valued at $633,321. This represents a 11.44% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. 6.27% of the stock is owned by company insiders.
Key Tetra Technologies News
Here are the key news stories impacting Tetra Technologies this week:
- Positive Sentiment: TTI reported third-quarter earnings of $0.06 per share, above the $0.05 consensus, and revenue of $167.95 million versus expectations of $156.84 million. Coverage also pointed to international expansion and chemical-segment growth as drivers of the quarter. TTI Q3 deep dive: international expansion and chemical segment growth drive results TETRA Technologies reports third-quarter results
- Positive Sentiment: The company projects Arkansas bromine production of 37 million pounds in 2028, increasing to 75 million pounds by 2030. The planned ramp offers a potential longer-term growth catalyst, though delivery depends on execution. TETRA projects Arkansas bromine output growth
- Negative Sentiment: Northland Securities lowered its FY2026 EPS estimate to $0.21 from $0.22, below the broader consensus estimate of $0.24, signaling some concern about the earnings outlook. Northland Securities cuts Tetra Technologies earnings estimate
Tetra Technologies Company Profile
TETRA Technologies, Inc is an energy services and products company that supports oil and gas exploration and production activities. The company provides specialized fluids, water management solutions and related services used in drilling, well completion, production and industrial applications.
TETRA’s Completion Fluids & Products business supplies clear brine fluids, including calcium bromide and other bromide-based products, as well as associated completion-fluid services. These fluids are used to control pressure and protect well formations during completion and workover operations.
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