Tetra Technologies Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 4.32
Dividend & YieldN/A$ (N/A)
Beta 2.57
Market capitalization 463.18M
Operating cash flow 18.96M
ESG Scores unknown

Company description

TETRA Technologies, Inc., together with its subsidiaries, operates as an energy services and solutions company. It operates through two segments, Completion Fluids & Products Division and Water & Flowback Services. The Completion Fluids & Products segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa. This segment also markets liquid and dry calcium chloride products; and TETRA PureFlow ultra-pure zinc bromide to battery technology companies. The Water & Flowback Services segment provides water management services for onshore oil and gas operators. This segment also offers frac flowback, production well testing, and other associated services in oil and gas producing regions in the United States and Mexico, as well as in various basins in Latin America, Africa, Europe, and the Middle East. The company was incorporated in 1981 and is headquartered in The Woodlands, Texas.

Sector: Energy - Industry: Oil & Gas Equipment & Services

Financial Ratios
Quick Ratio1.45
Working Capital0.91
Return On Equity1.04
Debt To Equity1.52
Fixed Asset Ratio0.12
Fixed Interest Cover-0.92

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities -16.55M -62.27M 27.01M 22.7M
Total Cashflows From Investing Activities -106.44M 6.04M -5.17M -36.5M
Net Borrowings 24.37M -9.93M -48.86M 40k
Total Cash From Financing Activities -5.92M -17.63M -50.05M 40k
Change To Operating Activities -3.68M 637k -10.08M -8.1M
Issuance Of Stock
Net Income -147.41M -51.14M 103.33M 7.84M
Change In Cash -22.33M 66.13M -52.34M -17.96M
Effect Of Exchange Rate -199k 805k -1.77M -452k
Total Cash From Operating Activities 90.23M 76.91M 4.66M 18.96M
Depreciation 47.56M 38.21M 33.53M 32.82M
Change To Account Receivables 6.47M 62.57M -27.8M -39.85M
Other Cashflows From Financing Activities -30.3M -7.7M -1.19M
Change To Netincome 201.82M 66.67M -129.82M 4.64M
Capital Expenditures -108.27M -29.39M -20.53M -40.06M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax -128.11M -25.09M -14.72M 11.17M
Net Income -147.41M -51.14M 103.33M 7.84M
Selling General Administrative 96.47M 76.7M 75.05M 91.94M
Gross Profit 151.41M 106.31M 93.32M 152.98M
Ebit 7.38M -8.6M -15.23M 21.59M
Operating Income 7.38M -8.6M -15.23M 21.59M
Interest Expense -21.81M -19.33M -16.56M -16.82M
Income Tax Expense 2.81M 1.76M 2.08M 3.56M
Total Revenue 561.24M 377.71M 388.27M 553.21M
Cost Of Revenue 409.83M 271.4M 294.95M 400.23M
Total Other Income ExpenseNet -135.49M -16.49M 510k -10.42M
Net Income From Continuing Ops -130.92M -26.84M -16.8M 7.6M
Net Income Applicable To Common Shares -147.41M -51.14M 103.33M 7.84M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 1.11B 1.06B 299.7M 327.97M
Total Stockholder Equity 34.37M -9.64M 99.7M 107.62M
Other Current Liabilities 110.66M 740.26M 11.67M 14.53M
Total Assets 1.27B 1.13B 398.27M 434.37M
Common Stock 1.28M 1.29M 1.3M 1.32M
Other Current Assets 127.41M 710.07M
Retained Earnings -362.52M -413.67M -310.33M -302.49M
Treasury Stock -71.35M -69.4M -66.89M -69.02M
Cash 15.33M 67.25M 31.55M 13.59M
Total Current Liabilities 188.72M 798.08M 97.14M 124.27M
Other Stockholder Equity -52.18M -49.91M -46.93M -49.06M
Property, Plant, and Equipment 163.4M 140.3M 125.95M 135.4M
Total Current Assets 351.35M 931.55M 210.39M 238.45M
Net Tangible Assets -11.81M -51.13M 62.75M 74.67M
Net Receivables 111.19M 64.08M 91.2M 129.63M
Accounts Payable 41.08M 22.57M 37.94M 49.12M


Insider Transactions

Here are the insider transactions of stock shares related to Tetra Technologies Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
SERRANO ELIJIO VD2023-02-24Chief Financial Officer78.63k
SANDERSON MATTHEW JD2023-02-24Officer61.09k
MURPHY BRADY MD2023-02-24Chief Executive Officer197.42k
O'BRIEN RICHARD D,D2023-02-24Officer20.93k
MOELLER TIMOTHY CD2023-02-24Officer25.71k
MUCHA JACEK MD2023-02-24Officer and Treasurer17.65k
BOSTON SHOEMAKE ALICIA RD2023-02-24General Counsel6.16k
SERRANO ELIJIO VD2023-02-21Chief Financial Officer57.04k
SANDERSON MATTHEW JD2023-02-21Officer35.65k
MURPHY BRADY MD2023-02-21Chief Executive Officer154k
O'BRIEN RICHARD D,D2023-02-21Officer10.94k
MOELLER TIMOTHY CD2023-02-21Officer34.22k
MUCHA JACEK MD2023-02-21Officer and Treasurer12.83k
BOSTON SHOEMAKE ALICIA RD2023-02-21General Counsel13.69k
MCNIVEN ROY EVANPurchase at price 3.35 - 3.40 per share.D2022-09-27Officer10k
SERRANO ELIJIO VD2022-08-25Chief Financial Officer78.63k
SANDERSON MATTHEW JD2022-08-25Officer61.09k
MURPHY BRADY MD2022-08-25Chief Executive Officer197.42k
O'BRIEN RICHARD D,D2022-08-25Officer20.92k
MOELLER TIMOTHY CD2022-08-25Officer25.71k
MUCHA JACEK MD2022-08-25Officer and Treasurer17.65k
BOSTON SHOEMAKE ALICIA RD2022-08-25General Counsel6.16k
MUCHA JACEK MD2022-08-05Officer and Treasurer31.03k
GLICK JOHN FD2022-05-26Director31.22k
BATES THOMAS ROBERT JRD2022-05-26Director31.22k
BALDWIN MARK ED2022-05-26Director31.22k
WILLIAMS SHAWN D.D2022-05-26Director31.22k
LUNA GINA A.D2022-05-26Director31.22k
MCGEE SHARON D. BOOTHD2022-05-26Director9.95k
SANDERSON MATTHEW JD2022-05-02Officer40.74k
MURPHY BRADY MD2022-05-02Chief Executive Officer407.42k
MOELLER TIMOTHY CD2022-05-02Officer30.56k
O'BRIEN RICHARD D,D2022-03-25Officer11.32k
SULLIVAN WILLIAM DSale at price 3.56 per share.D2022-03-21Director200.47k
SERRANO ELIJIO VD2022-02-25Chief Financial Officer69.55k
SANDERSON MATTHEW JD2022-02-25Officer53.13k
MURPHY BRADY MD2022-02-25Chief Executive Officer143.34k
O'BRIEN RICHARD D,D2022-02-25Officer10.13k
MOELLER TIMOTHY CD2022-02-25Officer12.93k
MUCHA JACEK MD2022-02-25Officer and Treasurer10.09k
BOSTON SHOEMAKE ALICIA RD2022-02-25General Counsel5.09k
SERRANO ELIJIO VD2022-02-17Chief Financial Officer86.31k
SANDERSON MATTHEW JD2022-02-17Officer51.79k
MURPHY BRADY MD2022-02-17Chief Executive Officer215.79k
O'BRIEN RICHARD D,D2022-02-17Officer21.58k
MOELLER TIMOTHY CD2022-02-17Officer34.53k
MUCHA JACEK MD2022-02-17Officer and Treasurer19.42k
BOSTON SHOEMAKE ALICIA RD2022-02-17General Counsel6.91k
O'BRIEN RICHARD D,Sale at price 3.79 - 3.88 per share.D2021-11-05Officer25k
O'BRIEN RICHARD D,D2021-09-24Officer11.32k
SERRANO ELIJIO VD2021-08-25Chief Financial Officer69.55k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Tetra Technologies Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Tetra Technologies Inc

Here is the result of two systematic investment strategies applied to Tetra Technologies Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Tetra Technologies Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Tetra Technologies Inc:

Tetra Technologies Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 159.15% on the backtest period.

Performance at glance

Performance

159.15 %

Latent gain

3580.61 $

Invested capital

2249.84 $

Annualized return

38.44 %
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Momentum strategy results on Tetra Technologies Inc

This is the result of two momentum investment strategies applied to Tetra Technologies Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Tetra Technologies Inc

The following chart shows all the entries opened by the momentum investment system on Tetra Technologies Inc:

Tetra Technologies Inc momentum entries
  • The first momentum investment strategy would give 169.52% of return on Tetra Technologies Inc. That represents 5929.79$ of latent gain with 3498.09$ of employed capital.
  • The second momentum investment strategy would give 159.44% of return on Tetra Technologies Inc. That represents 3978.77$ of latent gain with 2495.39$ of employed capital.
Performance at glance (1Q Momentum)

Performance

169.52 %

Latent gain

5929.79 $

Invested capital

3498.09 $

Annualized return

43.53 %
Performance at glance (2Q Momentum)

Performance

159.44 %

Latent gain

3978.77 $

Invested capital

2495.39 $

Annualized return

43.56 %

Momentum equity curve on Tetra Technologies Inc

The following chart shows the equity curve of the two momentum strategies applied to Tetra Technologies Inc:

Tetra Technologies Inc momentum equity

Note: the dividends potentially given by Tetra Technologies Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Tetra Technologies Inc

The following chart shows the employed capital evolution of the two momentum strategies on Tetra Technologies Inc since the beginning:

Tetra Technologies Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Tetra Technologies Inc

Buy the dip entry openings on Tetra Technologies Inc

Tetra Technologies Inc

The performance achieved by the robo-advisor on Tetra Technologies Inc is 93.15%. That represents 464.93$ of latent gain with 499.11$ of employed capital. The following chart shows Tetra Technologies Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Tetra Technologies Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

93.15 %

Latent gain

464.93 $

Invested capital

499.11 $

Annualized return

43.53 %

Equity curve of the strategy applied to Tetra Technologies Inc

The following chart shows the result of the investment strategy applied to Tetra Technologies Inc:

Tetra Technologies Inc

Note: the dividends potentially given by Tetra Technologies Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Tetra Technologies Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Tetra Technologies Inc:

Tetra Technologies Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Tetra Technologies Inc

In this section, I will compare the three previous investment strategies applied to Tetra Technologies Inc.

Equity curve comparison on Tetra Technologies Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Tetra Technologies Inc investment strategy comparison

Employed capital comparison on Tetra Technologies Inc

Tetra Technologies Inc investment comparison

Performance comparison on Tetra Technologies Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 159.15% 3580.61$ 2249.84$ 38.44%
Momentum 1 quarter 169.52% 5929.79$ 3498.09$ 43.47%
Momentum 2 quarters 159.44% 3978.77$ 2495.39$ 43.56%
Non-directional 93.15% 464.93$ 499.11$ 43.53%
Annualized return comparison

Automatic investment

38.44 %

Momentum 1Q

43.56 %

Momentum 2Q

43.56 %

Non-directional

43.53 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Tetra Technologies Inc:

Positive correlations

Most correlated stocks this year

  • Tetra Technologies Inc

  • Most correlated stocks last 3 months

  • ZHOU HEI YA
  • Tetra Technologies Inc
  • TherapeuticsMD Inc
  • QPL INTL
  • PLANETREE INTL
  • DOUMOB
  • CHINA HUARONG

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • TBC BANK GROUP PLC ORD GBP0.01

  • Note: The algorithm computes the probability of correlation between Tetra Technologies Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Tetra Technologies Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Tetra Technologies Inc
    Country United States
    City The Woodlands
    Address 24955 Interstate 45 North
    Phone 281 367 1983
    Website www.tetratec.com
    FullTime employees 1300
    Industry Oil & Gas Equipment & Services
    Sector Energy
    Exchange XNYS
    Ticker TTI
    Market www.nyse.com

    Tetra Technologies Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown