Select energy services announces corporate rebranding initiative, multiple new acquisitions and reports fourth quarter and full year 2022 financial results and operational updates

Select energy services, inc. intends to become select water solutions, inc., further aligning the brand with the company's vision to be the recognized leader and trusted partner in sustainable water management solutions generated revenue of $1.4 billion for full year 2022 and $382 million during the fourth quarter of 2022, up 81% annually from 2021 and up 2% sequentially from the third quarter of 2022 acquired strategic portfolio of permian basin water infrastructure, including water gathering, disposal, sourcing, storage and distribution assets from multiple parties acquired joint venture interests in certain strategic recycling facilities in the permian basin from minority partners announced significant new delaware basin recycling infrastructure project supported by multiple long-term contracts houston , feb. 21, 2023 /prnewswire/ -- select energy services, inc. (nyse: wttr) ("select" or the "company"), a leading provider of sustainable water and chemical solutions to the energy industry, today announced its intent to rename itself select water solutions, inc. and its successful completion of multiple water infrastructure acquisitions in the permian basin, as well as its financial and operating results for the full year and quarter ended december 31, 2022. john schmitz, chairman of the board, president and ceo, stated "over the last couple of years, select has remained steadfastly focused on a strategy of building and bolstering the core water and chemicals businesses, advancing our technology, sustainability and diversification efforts, and executing on strategic m&a.
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