Select water solutions announces fourth quarter and full year 2024 financial and operational results and strategic updates
Generated full year and fourth quarter 2024 consolidated revenue of $1.5 billion and $349 million, respectively water infrastructure achieved full year 2024 revenues of $291 million, up 26% year-over-year, with gross profit up 62% year-over-year delivered full year and fourth quarter 2024 operating cash flows of $235 million and $68 million, respectively announces multiple new long-term contracted water infrastructure projects in the permian backed by new 150,000+ acre dedication, anticipating $39 – $41 million of capital deployed announces new water rights and storage partnership in colorado with $62 million initial investment targeting high-margin, ultra long-term municipal, industrial and agricultural supply contracts gainesville, texas , feb. 18, 2025 /prnewswire/ -- select water solutions, inc. (nyse: wttr) ("select" or the "company"), a leading provider of sustainable water and chemical solutions, today announced its financial and operating results for the quarter and year ended december 31, 2024. john schmitz, chairman of the board, president and ceo, stated, "the fourth quarter concluded another record-setting year for select, both operationally and financially.
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