TETRA Technologies, Inc. (TTI)
NYSEIndustrialsOil & Gas Equipment & ServicesSnapshot 2026-09-04
$6.91-0.43%
Close 2026-09-04 · 1-day change
NYSEIndustrialsOil & Gas Equipment & ServicesSnapshot 2026-09-04
QuarterlyIQ Insights · TTI
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -9.0% |
| Our one-year growth estimate | diamond | 8.6% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 17.6 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 32 industry peers
TTI — earnings in line
Dated 2026-08-03
and in Exhibit 99.1 to this Current Report shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
Why it matters: Getting financing is important for the Arkansas Bromine Project. It impacts future growth.
Watch forFunding for the Arkansas Bromine Project is in place.
Also watch forNo news on financing or delays in the project.
Why it matters: This project could boost TETRA's market share in high-pressure deepwater fluids.
Supportive ifTETRA says TETRA Neptune Z-Lite worked well in the Gulf of America.
Worry ifNo updates or delays in the project timeline are reported.
Why it matters: Higher net income means TETRA makes more money. This matches management's focus on income.
Supportive ifNet income from continuing operations was over $10 million in Q2.
Worry ifNet income from continuing operations was under $8 million in Q2.
Why it matters: News on partnerships can show growth chances. They matter for TETRA's plans.
Watch forNew partnerships announced after the recent M&A.
Also watch forNo new partnerships were announced after the M&A.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$163 on $10,000 · ±1.6% | How much price usually moves either way. |
| Bad day | $602 loss on $10,000 · 6.0% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,700 loss on $10,000 · 47.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Better operating income shows good cost control. This helps profits grow.
Supportive ifOperating income increases from $12.816M in Q1 to above $15M in Q2.
Worry ifOperating income remains below $12.8M in Q2.
Why it matters: New contracts would show demand for TETRA's high-value completion fluids in deepwater projects.
Supportive ifNew contracts for TETRA Neptune Z-Lite beyond the current three-well project.
Worry ifNo new contracts announced for TETRA Neptune Z-Lite in the upcoming quarter.
Why it matters: Continued revenue growth supports TETRA's financial health and market position. A slowdown could signal deeper issues.
Supportive ifDeepwater and international revenue grows over 10% from Q2 to Q3 2026.
Worry ifDeepwater and international revenue falls or grows less than 5% in Q3 2026.
Why it matters: The project is key for TETRA's growth in deepwater and electrolyte markets. Delays could impact future revenue.
Supportive ifThe Arkansas Bromine Project is completed on schedule by Q4 2027.
Worry ifCompletion is delayed beyond Q4 2027.
Why it matters: Growing demand supports TETRA's expansion in energy storage markets. A drop in demand could impact future revenues.
Supportive ifZinc-bromide electrolyte sales increase by more than 15% in Q3 2026.
Worry ifSales decrease or remain flat compared to Q2 2026.
Why it matters: Finishing this will help fund key projects, like the Arkansas bromine project.
Supportive ifThe public offering closes well, and the money is used as planned.
Worry ifThe offering fails to close or proceeds are significantly less than expected.
Why it matters: Progress here could boost TETRA's growth in critical minerals.
Supportive ifThey will share news about partnerships or updates on the lithium and magnesium project.
Worry ifNo news or problems were reported about the joint venture.
Why it matters: Updates on capital allocation will show how TETRA plans to manage its resources. This is crucial for future growth.
Watch forManagement will share a clear plan for capital allocation in Q2 earnings.
Also watch forThere are no updates on capital allocation. Comments in Q2 earnings were vague.
Why it matters: This shows strong performance. It helps management reach their revenue growth goals.
Supportive ifQ2 revenue was over $160 million. This shows strong growth.
Worry ifQ2 revenue was under $156 million. This means growth is slowing.