TTI
EnergyTETRA Technologies, Inc. · Oil & Gas Equipment & Services · $1B
What is TETRA Technologies, Inc.?
TETRA Technologies is a small-cap oil and gas services company headquartered in The Woodlands, Texas. It serves upstream operators across two distinct business lines — completion fluids and water management — with a global customer footprint.
TETRA generates revenue through two segments. The Completion Fluids & Products division manufactures and markets clear brine fluids, additives, and calcium chloride products used during well drilling, completion, and workover operations. The Water & Flowback Services segment provides water management, frac flowback, and production well testing to onshore oil and gas operators. Both segments serve customers across the United States and internationally, including Latin America, Europe, the Middle East, and Africa.
The company was incorporated in 1981 and has grown into a specialized oilfield services provider based in The Woodlands, Texas.
- Clear brine fluids for well completion and workover operations
- Liquid and dry calcium chloride products
- Water management services for onshore operators
- Frac flowback and production well testing
- International oilfield fluids and associated services
Is TTI a Good Stock to Buy?
UQS Score rates TTI as Below Average overall, reflecting meaningful structural challenges across several key pillars.
The Growth and Risk pillars both land at Neutral, suggesting the business is not in acute distress and retains some operational momentum in its served markets. These mid-range readings provide a modest stabilizing factor within an otherwise cautious profile.
The Quality and Moat pillars are both rated Weak, pointing to limited competitive differentiation and below-average business fundamentals. The Valuation pillar reads Elevated, meaning the current market price does not appear to offer a margin of safety relative to the underlying quality.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does TTI pay dividends?
No — TETRA Technologies, Inc. does not currently pay a dividend.
TETRA Technologies does not currently pay a dividend. For a small-cap oilfield services company operating in a cyclical sector, retaining capital for operational flexibility and debt management is a common strategic choice. Income-focused investors should factor this into their assessment of TTI relative to dividend-paying peers.
When does TTI report earnings?
TETRA Technologies reports earnings on a quarterly cadence, consistent with standard practice for US-listed equities.
Results from the Completion Fluids and Water & Flowback segments can vary meaningfully with drilling activity levels and commodity price cycles. Investors should track both segment-level revenue trends and any commentary on international market demand.
For the most recent quarter's results and management commentary, visit TETRA Technologies' investor relations page directly.
TTI Price History
+148.6% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in TETRA Technologies, Inc.?
Based on TETRA Technologies, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
TTI Long-term Outlook
With Growth rated Neutral, TETRA's near-term trajectory appears neither strongly expansionary nor in visible decline — a reflection of the cyclical nature of oilfield services demand. The Neutral Risk rating suggests the company is managing operational and financial exposures at a moderate level. However, Weak Quality and Moat ratings temper confidence in sustained outperformance, and an Elevated Valuation reading adds further caution to the forward picture.
Growth drivers
- International expansion of completion fluids into the Middle East, Africa, and Latin America
- Increased onshore drilling activity driving Water & Flowback Services demand
- Calcium chloride product diversification beyond oil and gas end markets
Key risks
- High sensitivity to oil and gas drilling cycles and commodity price swings
- Weak Moat rating signals limited pricing power against larger competitors
- Elevated Valuation leaves little buffer if earnings disappoint
TTI vs Peers
TETRA Technologies operates in a competitive oilfield services niche alongside several specialized peers.
NPK International focuses on specialty chemical and fluid solutions, competing with TETRA in the completion products space.
ProFrac is a larger pressure pumping and completion services provider, competing with TETRA's flowback and well services offerings.
Trican is a Canadian-listed well services company offering pressure pumping and fluid services, overlapping with TETRA in completion and flowback markets.
Frequently Asked Questions
What does TETRA Technologies do?
TETRA Technologies provides oilfield services through two segments: Completion Fluids & Products, which supplies clear brine fluids and calcium chloride to drilling and completion operations, and Water & Flowback Services, which manages water and production testing for onshore oil and gas operators. The company serves customers in the US and internationally.
Does TTI pay dividends?
TTI does not currently pay a dividend. The company retains capital rather than distributing it to shareholders, which is common among small-cap oilfield services companies navigating a cyclical industry. Investors seeking income should consider this when evaluating TTI.
When does TTI report earnings?
TETRA Technologies follows a standard quarterly earnings cadence for US-listed companies. For the most current reporting schedule and recent results, check the investor relations section of TETRA's official website.
Is TTI a good stock to buy?
UQS Score rates TTI as Below Average, driven by Weak Quality and Moat pillars alongside an Elevated Valuation. The Growth and Risk pillars are Neutral, providing some balance. Investors should weigh these factors carefully. The full pillar breakdown is available to UQS Pro members.
Is TTI overvalued?
The UQS Valuation pillar for TTI is rated Elevated, suggesting the current market price may not reflect the company's underlying quality profile. For a company with Weak Quality and Moat scores, an elevated valuation reading warrants additional scrutiny from investors.
How does TTI compare to its competitors?
TETRA competes with peers such as ProFrac Holding Corp., NPK International, and Trican Well Service. Compared to larger completion services players, TETRA's niche in clear brine fluids and water management gives it a specialized but narrow market position. UQS Pro members can view side-by-side score comparisons.
What is TTI's market cap bracket?
TETRA Technologies is classified as a small-cap company. This places it in a segment of the market that can offer growth potential but typically carries higher volatility and less analyst coverage than mid- or large-cap peers in the energy services sector.
Who founded TETRA Technologies?
TETRA Technologies was incorporated in 1981. Detailed founding history, including key individuals involved in the company's establishment, is publicly available through the company's official filings and corporate history resources.
Is TTI a long-term quality investment?
As a long-term quality indicator, TTI's UQS profile raises caution. Weak Quality and Moat ratings suggest the business lacks the durable competitive advantages typically associated with compounding long-term returns. The Neutral Growth and Risk readings offer some stability, but the overall Below Average score reflects meaningful structural limitations.
What is the main competitive advantage of TETRA Technologies?
TETRA's primary differentiation lies in its specialized clear brine fluid formulations and its integrated water management capabilities for onshore operators. However, the UQS Moat pillar rates this advantage as Weak, indicating that competitive barriers may be limited relative to broader oilfield services peers.
What sector does TTI belong to?
TTI operates in the Energy sector, specifically within oilfield services. The company's revenue is closely tied to upstream drilling and completion activity, making it sensitive to oil and gas commodity price cycles and operator capital spending trends.
Unlock Full TTI Analysis
Sign in to unlock the detailed analysis behind the UQS Score.
- ✓View the exact UQS Score and all five pillar ratings
- ✓Access detailed financial metrics and trend data
- ✓Compare TTI side-by-side with oilfield services peers
- ✓See the complete Quality and Moat factor breakdown
- ✓Track Valuation changes as market conditions shift
- ✓Get the full analyst-style view in one place
Pro Analysis
TTI — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 8, 2026 | 33.2 | 10.7 | 23.0 | 42.4 | 40.9 | 67.4 | +1.6 |
| May 7, 2026 | 31.6 | 20.0 | 23.0 | 42.8 | 45.1 | 37.0 | -0.1 |
| May 4, 2026 | 31.7 | 20.0 | 23.0 | 42.8 | 45.1 | 37.6 | +0.1 |
| May 3, 2026 | 31.6 | 20.0 | 23.0 | 42.4 | 45.1 | 37.6 | 0.0 |
| May 2, 2026 | 31.6 | 20.0 | 23.0 | 42.4 | 45.1 | 37.3 | +0.2 |
| Apr 29, 2026 | 31.4 | 20.0 | 23.0 | 41.5 | 45.1 | 37.3 | 0.0 |
| Apr 26, 2026 | 31.4 | 20.0 | 23.0 | 41.4 | 45.1 | 37.3 | -0.2 |
| Apr 22, 2026 | 31.6 | 20.0 | 23.0 | 41.4 | 45.1 | 39.1 | -2.4 |
| Apr 19, 2026 | 34.0 | 23.5 | 23.0 | 48.7 | 45.1 | 39.1 | -0.3 |
| Apr 18, 2026 | 34.3 | 23.5 | 23.0 | 48.7 | 45.1 | 41.3 | -1.6 |
TTI — Pillar Breakdown
Quality
— 19.2/100 (25%)TETRA Technologies, Inc. currently shows below-average quality metrics, suggesting challenges with profitability.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 42.4/100 (20%)TETRA Technologies, Inc. shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 49.7/100 (15%)TETRA Technologies, Inc. has some risk factors including moderate leverage or solvency concerns.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 36.4/100 (15%)TETRA Technologies, Inc. has a mixed valuation — some metrics suggest fair value while others appear stretched.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 23/100 (25%)TETRA Technologies, Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for TTI.
Score Composition
Financial Data
More Stock Analysis
How is the TTI UQS Score Calculated?
The UQS (Unified Quality Score) for TETRA Technologies, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses TETRA Technologies, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether TETRA Technologies, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.