Last 7 days
5.0%
Last 30 days
-2.8%
Last 90 days
7.1%
Trailing 12 Months
51.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 631.0M | 0 | 0 | 0 |
2023 | 569.4M | 604.1M | 620.6M | 626.3M |
2022 | 441.0M | 479.4M | 518.9M | 553.2M |
2021 | 322.3M | 328.6M | 350.6M | 388.3M |
2020 | 515.4M | 469.5M | 423.6M | 377.7M |
2019 | 1.0B | 1.1B | 1.1B | 561.2M |
2018 | 763.1M | 843.2M | 916.4M | 998.8M |
2017 | 684.8M | 689.1M | 696.2M | 723.1M |
2016 | 912.6M | 771.9M | 779.1M | 694.8M |
2015 | 1.1B | 1.2B | 1.1B | 994.3M |
2014 | 913.7M | 935.1M | 987.2M | 1.1B |
2013 | 908.6M | 894.8M | 915.1M | 909.4M |
2012 | 839.1M | 838.9M | 871.4M | 880.8M |
2011 | 889.3M | 882.8M | 872.3M | 880.8M |
2010 | 889.5M | 913.2M | 871.1M | 872.7M |
2009 | 0 | 965.7M | 922.3M | 878.9M |
2008 | 0 | 0 | 0 | 1.0B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 06, 2024 | murphy brady m | acquired | - | - | 335,552 | president & ceo |
Mar 06, 2024 | moeller timothy c | acquired | - | - | 27,921 | svp - supply chain & chemicals |
Mar 06, 2024 | boston shoemake alicia r | acquired | - | - | 18,119 | general counsel |
Mar 06, 2024 | o'brien richard d | acquired | - | - | 18,723 | vp-finance & global controller |
Mar 06, 2024 | o'brien richard d | sold (taxes) | -17,875 | 3.92 | -4,560 | vp-finance & global controller |
Mar 06, 2024 | mucha jacek m | sold (taxes) | -21,175 | 3.92 | -5,402 | vp finance, treasurer |
Mar 06, 2024 | mucha jacek m | acquired | - | - | 14,461 | vp finance, treasurer |
Mar 06, 2024 | sanderson matthew | acquired | - | - | 66,388 | executive vice president |
Mar 06, 2024 | murphy brady m | sold (taxes) | -543,904 | 3.92 | -138,751 | president & ceo |
Mar 06, 2024 | boston shoemake alicia r | sold (taxes) | -17,295 | 3.92 | -4,412 | general counsel |
Which funds bought or sold TTI recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -5.03 | -40,742 | 548,124 | -% |
May 16, 2024 | COMERICA BANK | added | 116 | 271,550 | 513,869 | -% |
May 16, 2024 | Creekmur Asset Management LLC | sold off | -100 | -2,554 | - | -% |
May 16, 2024 | JANE STREET GROUP, LLC | added | 293 | 800,946 | 1,081,180 | -% |
May 15, 2024 | Royal Bank of Canada | reduced | -92.15 | -206,000 | 17,000 | -% |
May 15, 2024 | MILLENNIUM MANAGEMENT LLC | added | 79.78 | 1,605,810 | 3,713,070 | -% |
May 15, 2024 | GENDELL JEFFREY L | added | 5.54 | 708,886 | 21,313,700 | 0.82% |
May 15, 2024 | D. E. Shaw & Co., Inc. | unchanged | - | -54,454 | 2,680,370 | -% |
May 15, 2024 | Point72 Asset Management, L.P. | sold off | -100 | -70,869 | - | -% |
May 15, 2024 | AQR CAPITAL MANAGEMENT LLC | added | 32.35 | 129,455 | 565,188 | -% |
Unveiling TETRA Technologies Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to TETRA Technologies Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
SLB | 69.4B | - | 16.01 | 18.27 | ||||
HAL | 33.6B | 23.1B | 12.92 | 1.45 | ||||
MID-CAP | ||||||||
FTI | 11.4B | 8.1B | 53.62 | 1.4 | ||||
NOV | 7.5B | 8.8B | 7.65 | 0.86 | ||||
CHX | 6.5B | 3.7B | 17.98 | 1.75 | ||||
LBRT | 3.9B | 4.6B | 8.29 | 0.86 | ||||
AROC | 3.2B | 1.0B | 24.95 | 3.13 | ||||
SMALL-CAP | ||||||||
DNOW | 1.5B | 2.3B | 6.15 | 0.63 | ||||
CLB | 681.3M | - | 28.73 | 1.36 | ||||
DRQ | 662.9M | 443.5M | -30.56 | 1.49 | ||||
CCLP | 344.8M | 386.1M | -36.38 | 0.89 | ||||
BOOM | 261.8M | 701.7M | 10.22 | 0.37 |
TETRA Technologies Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -1.4% | 150,972,000 | 153,126,000 | 151,464,000 | 175,463,000 | 146,209,000 | 147,448,000 | 135,012,000 | 140,716,000 | 130,037,000 | 113,148,000 | 95,474,000 | 102,326,000 | 77,324,000 | 75,457,500 | 73,484,000 | 96,070,000 | 132,704,000 | 189,325,500 | 245,947,000 | 288,796,000 | 243,728,000 |
Cost Of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 69,455,000 | - | 132,631,000 | 172,120,000 | 103,667,000 | 297,199,000 | 200,987,000 | 240,430,000 | 207,518,000 |
Gross Profit | 2.8% | 31,102,000 | 30,243,000 | 37,924,000 | 49,155,000 | 36,323,000 | 31,111,000 | 29,473,000 | 28,107,000 | 32,420,000 | 19,188,000 | 15,747,000 | 16,433,000 | 7,869,000 | 12,480,000 | 10,215,000 | 15,811,000 | 29,037,000 | -117,729,000 | 44,960,000 | 48,366,000 | 36,210,000 |
Costs and Expenses | -2.5% | 119,870,000 | 122,883,000 | 113,540,000 | 126,308,000 | 109,886,000 | 116,337,000 | 105,539,000 | 112,609,000 | 97,617,000 | 93,960,000 | 79,727,000 | 85,893,000 | 69,455,000 | 62,978,000 | 63,269,000 | 80,259,000 | - | - | - | - | - |
S&GA Expenses | -4.4% | 22,298,000 | 23,336,000 | 23,838,000 | 26,225,000 | 23,191,000 | 23,846,000 | 23,833,000 | 23,620,000 | 20,643,000 | 18,972,000 | 18,714,000 | 17,351,000 | 20,012,000 | 16,364,000 | 16,123,000 | 23,862,000 | 20,348,000 | -9,032,000 | 34,926,000 | 36,295,000 | 34,277,000 |
EBITDA Margin | -12.8% | 0.06 | 0.07 | 0.09 | 0.09 | 0.05 | 0.05 | 0.05 | 0.06 | 0.05 | 0.01 | 0.04 | 0.07 | - | - | - | - | - | - | - | - | - |
Interest Expenses | 115.3% | 5,952,000 | -39,021,000 | 5,636,000 | 5,944,000 | 5,092,000 | -26,766,000 | 3,999,000 | 3,610,000 | 3,324,000 | -28,750,000 | 4,083,000 | 3,886,000 | 4,404,000 | -33,160,000 | 4,338,000 | 4,604,000 | 5,292,000 | -76,310,000 | 18,146,000 | 18,529,000 | 18,379,000 |
Income Taxes | -37.5% | 380,000 | 608,000 | 1,248,000 | 2,875,000 | 1,489,000 | 666,000 | 2,178,000 | -479,000 | 1,200,000 | -55,000 | 587,000 | 1,384,000 | 168,000 | -118,500 | 101,000 | 1,054,000 | 721,000 | -2,867,000 | 1,579,000 | 2,490,000 | 1,609,000 |
Earnings Before Taxes | 135.7% | 1,295,000 | -3,631,000 | 6,716,000 | 21,080,000 | 7,534,000 | -1,163,000 | 2,115,000 | 1,280,000 | 8,934,000 | -758,000 | 3,082,000 | -5,270,000 | -11,775,000 | -7,216,500 | -9,458,000 | -12,125,000 | 3,713,000 | -97,833,000 | -7,500,000 | -5,711,000 | -17,065,000 |
EBT Margin | -20.3% | 0.04 | 0.05 | 0.06 | 0.05 | 0.02 | 0.02 | 0.02 | 0.03 | 0.01 | -0.04 | -0.06 | -0.10 | - | - | - | - | - | - | - | - | - |
Net Income | 123.6% | 915,000 | -3,882,000 | 5,420,000 | 18,197,000 | 6,040,000 | -1,893,500 | 278,000 | 1,725,000 | 7,719,000 | -1,294,000 | 2,513,000 | -6,780,000 | 109,047,000 | -2,766,500 | -13,302,000 | -36,967,000 | -10,376,000 | -108,883,500 | -15,831,000 | -8,546,000 | -19,100,000 |
Net Income Margin | -20.5% | 0.03 | 0.04 | 0.04 | 0.04 | 0.01 | 0.01 | 0.02 | 0.02 | 0.00 | 0.27 | 0.29 | 0.26 | - | - | - | - | - | - | - | - | - |
Free Cashflow | -370.4% | -29,643,000 | 10,963,000 | 7,008,000 | 17,882,000 | -3,799,000 | -14,369,000 | -10,121,000 | 6,762,000 | -3,371,000 | -11,680,000 | 686,000 | -3,946,000 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 2.6% | 491 | 479 | 472 | 470 | 436 | 434 | 413 | 417 | 407 | 398 | 411 | 417 | 407 | 1,133 | 1,162 | 1,189 | 1,270 | 1,272 | 1,416 | 1,439 | 1,460 |
Current Assets | 2.0% | 288 | 282 | 270 | 261 | 237 | 238 | 224 | 224 | 217 | 210 | 209 | 216 | 205 | 932 | 318 | 309 | 364 | 351 | 371 | 393 | 410 |
Cash Equivalents | -31.5% | 36.00 | 52.00 | 34.00 | 28.00 | 17.00 | 14.00 | 25.00 | 36.00 | 33.00 | 32.00 | 42.00 | 50.00 | 54.00 | 84.00 | 75.00 | 57.00 | 30.00 | 18.00 | 36.00 | 26.00 | 37.00 |
Inventory | -2.3% | 94.00 | 97.00 | 92.00 | 82.00 | 84.00 | 72.00 | 72.00 | 63.00 | 65.00 | 69.00 | 72.00 | 70.00 | 74.00 | 77.00 | 113 | 116 | 142 | 80.00 | 142 | 138 | 157 |
Net PPE | 5.2% | 113 | 108 | 106 | 109 | 105 | 102 | 95.00 | 95.00 | 89.00 | 89.00 | 87.00 | 91.00 | 93.00 | 97.00 | 675 | 714 | 740 | 116 | 861 | 860 | 861 |
Goodwill | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 26.00 | 26.00 | 26.00 |
Current Liabilities | -6.4% | 118 | 126 | 127 | 126 | 111 | 124 | 112 | 110 | 97.00 | 97.00 | 93.00 | 96.00 | 83.00 | 798 | 132 | 147 | 195 | 189 | 213 | 207 | 219 |
Long Term Debt | 13.9% | 179 | 158 | 157 | 156 | 161 | 156 | 154 | 153 | 153 | 152 | 164 | 164 | 163 | 200 | 843 | 843 | 846 | 205 | 858 | 856 | 846 |
LT Debt, Current | - | - | - | - | - | - | - | - | - | - | - | - | 8.00 | 8.00 | - | - | - | - | - | - | - | - |
LT Debt, Non Current | 13.9% | 179 | 158 | 157 | 156 | 161 | 156 | 154 | 153 | 153 | 152 | 164 | 164 | 163 | 200 | 843 | 843 | 846 | 205 | 858 | 856 | 846 |
Shareholder's Equity | -0.8% | 147 | 149 | 142 | 137 | 116 | 106 | 102 | 106 | 107 | 99.00 | 100 | 99.00 | 102 | 71.00 | 95.00 | 113 | 147 | 163 | 274 | 295 | 300 |
Retained Earnings | 0.3% | -275 | -276 | -272 | -278 | -296 | -302 | -300 | -300 | -302 | -310 | -309 | -311 | -304 | -413 | -398 | -385 | -364 | -362 | -248 | -232 | -225 |
Additional Paid-In Capital | -0.1% | 488 | 489 | 483 | 481 | 480 | 478 | 477 | 476 | 476 | 476 | 475 | 474 | 473 | 472 | 471 | 470 | 468 | 467 | 466 | 464 | 462 |
Accumulated Depreciation | 0.6% | 310 | 308 | 305 | 315 | 318 | 326 | 339 | 358 | 368 | 366 | 365 | 379 | 377 | 378 | 804 | 797 | 778 | 355 | 803 | 786 | 779 |
Shares Outstanding | 0.7% | 130 | 130 | 129 | 129 | 129 | 128 | 128 | 128 | 127 | 127 | 126 | 127 | - | - | - | - | - | - | - | - | - |
Minority Interest | 0% | -1.26 | -1.26 | -1.26 | -1.25 | -1.23 | -1.23 | -1.21 | -1.18 | -1.15 | -1.14 | -1.11 | -1.10 | -0.94 | 81.00 | 95.00 | 104 | 119 | 128 | 130 | 133 | 134 |
Float | - | - | - | - | 419 | - | - | - | 502 | - | - | - | 533 | - | - | - | 65.00 | - | - | - | 197 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -173.2% | -13,816 | 18,875 | 13,974 | 28,372 | 8,985 | -6,991 | 2,145 | 17,869 | 5,934 | -5,767 | 2,817 | 1,782 | 5,825 | 12,085 | 4,440 | 38,211 | 22,176 | 6,642 | 45,213 | 30,965 | 7,412 |
Share Based Compensation | -74.7% | 1,623 | 6,423 | 1,431 | 1,492 | 1,276 | 3,519 | 1,098 | 1,159 | 1,104 | 1,053 | 1,057 | 76.00 | 2,478 | 1,769 | 1,951 | 2,112 | 784 | 1,867 | 1,328 | 2,767 | 2,165 |
Cashflow From Investing | -932.8% | -15,748 | 1,891 | -6,914 | -10,807 | -11,197 | -8,224 | -12,361 | -10,327 | -5,592 | 6,989 | -1,713 | -6,150 | -4,301 | 3,278 | 16,823 | -3,448 | -10,615 | -7,880 | -27,308 | -39,528 | -31,726 |
Cashflow From Financing | 582.1% | 13,348 | -2,769 | -137 | -6,893 | 5,136 | 2,811 | 3.00 | -3,496 | 722 | -11,398 | -8,881 | 112 | -29,887 | -7,853 | -3,290 | -7,624 | 1,138 | -17,380 | -7,260 | -2,597 | 21,312 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | 449 | - | - | - | - | - | - | - | - |
Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Revenues from external customers | $ 150,972 | $ 146,209 |
Cost of Goods and Services Sold [Abstract] | ||
Depreciation, amortization, and accretion | 8,756 | 8,670 |
Insurance recoveries associated with damaged equipment | 0 | 2,850 |
Total cost of revenues | 119,870 | 109,886 |
Gross profit | 31,102 | 36,323 |
Exploration and pre-development costs | 0 | 720 |
General and administrative expense | 22,298 | 23,191 |
Interest expense, net | 5,952 | 5,092 |
Loss on debt extinguishment | 5,535 | 0 |
Other income, net | (3,978) | (214) |
Income before taxes and discontinued operations | 1,295 | 7,534 |
Provision for income taxes | 380 | 1,489 |
Income before discontinued operations | 915 | 6,045 |
Loss from discontinued operations, net of taxes | 0 | (12) |
Net income | 915 | 6,033 |
Loss attributable to noncontrolling interests | 0 | 7 |
Net income attributable to TETRA stockholders | $ 915 | $ 6,040 |
Basic net income per common share: | ||
Income from continuing operations | $ 0.01 | $ 0.05 |
Income from discontinued operations | 0 | 0 |
Net income attributable to TETRA stockholders | $ 0.01 | $ 0.05 |
Weighted average basic shares outstanding (in shares) | 130,453 | 128,940 |
Diluted net income per common share: | ||
Income from continuing operations (in dollars per share) | $ 0.01 | $ 0.05 |
Income from discontinued operations (in dollars per share) | 0 | 0 |
Net income attributable to TETRA stockholders (in dollars per share) | $ 0.01 | $ 0.05 |
Weighted average diluted shares outstanding (in shares) | 132,123 | 129,975 |
Product sales | ||
Revenues from external customers | $ 73,337 | $ 65,535 |
Cost of Goods and Services Sold [Abstract] | ||
Cost of product sales | 45,406 | 42,395 |
Services | ||
Revenues from external customers | 77,635 | 80,674 |
Cost of Goods and Services Sold [Abstract] | ||
Cost of product sales | $ 65,708 | $ 61,671 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 35,939 | $ 52,485 |
Trade accounts receivable, net of allowances of $462 in 2024 and $614 in 2023 | 132,429 | 111,798 |
Inventories | 94,285 | 96,536 |
Prepaid expenses and other current assets | 24,911 | 21,196 |
Total current assets | 287,564 | 282,015 |
Property, plant, and equipment: | ||
Land and building | 23,800 | 23,173 |
Machinery and equipment | 311,609 | 304,884 |
Automobiles and trucks | 10,201 | 10,148 |
Chemical plants | 66,491 | 67,114 |
Construction in progress | 11,126 | 10,323 |
Total property, plant, and equipment | 423,227 | 415,642 |
Less accumulated depreciation | (309,858) | (307,926) |
Net property, plant, and equipment | 113,369 | 107,716 |
Other assets: | ||
Patents, trademarks and other intangible assets, net of accumulated amortization of $52,427 in 2024 and $51,509 in 2023 | 28,073 | 29,132 |
Operating lease right-of-use assets | 30,964 | 31,915 |
Investments | 20,386 | 17,354 |
Other assets | 10,969 | 10,829 |
Total other assets | 90,392 | 89,230 |
Total assets | 491,325 | 478,961 |
Current liabilities: | ||
Trade accounts payable | 47,491 | 52,290 |
Compensation and employee benefits | 19,232 | 26,918 |
Operating lease liabilities, current portion | 8,731 | 9,101 |
Accrued taxes | 13,192 | 10,350 |
Accrued liabilities and other | 29,280 | 27,303 |
Total current liabilities | 117,926 | 125,962 |
Long-term debt, net | 179,394 | 157,505 |
Operating lease liabilities | 26,738 | 27,538 |
Asset retirement obligations | 14,645 | 14,199 |
Deferred income taxes | 2,176 | 2,279 |
Other liabilities | 4,299 | 4,144 |
Total long-term liabilities | 227,252 | 205,665 |
Commitments and contingencies (Note 7) | ||
Equity: | ||
Common stock, par value 0.01 per share; 250,000,000 shares authorized at March 31, 2024 and December 31, 2023; 134,274,837 shares issued at March 31, 2024 and 133,217,848 shares issued at December 31, 2023 | 1,343 | 1,332 |
Additional paid-in capital | 488,440 | 489,156 |
Treasury stock, at cost; 3,138,675 shares held at March 31, 2024 and December 31, 2023 | (19,957) | (19,957) |
Accumulated other comprehensive loss | (46,628) | (45,231) |
Retained deficit | (275,794) | (276,709) |
Total TETRA stockholders’ equity | 147,404 | 148,591 |
Noncontrolling interests | (1,257) | (1,257) |
Total equity | 146,147 | 147,334 |
Total liabilities and equity | $ 491,325 | $ 478,961 |
 | Mr. Brady M. Murphy |
---|---|
 | tetratec.com |
 | Oil - Services |
 | 1300 |