|Bid||1.9200 x 2900|
|Ask||1.9600 x 3000|
|Day's Range||1.8500 - 2.0500|
|52 Week Range||0.3500 - 2.3500|
|Beta (5Y Monthly)||1.87|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 24, 2021|
|Forward Dividend & Yield||0.04 (1.93%)|
|Ex-Dividend Date||Jan 28, 2021|
|1y Target Est||1.00|
TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) today announced that its Board of Directors has appointed Shawn D. Williams as a member of the Board of Directors, effective March 31, 2021. Mr. Williams will serve as an independent director.
Image source: The Motley Fool. TETRA Technologies (NYSE: TTI)Q4 2020 Earnings CallFeb 25, 2021, 10:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, and welcome to TETRA Technologies fourth-quarter and full-year 2020 results conference call.
TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced full year and fourth quarter 2020 results, which are within the range of the preliminary results that were pre-announced on January 29, 2021. On that same date, the Company announced the sale of the general partner, incentive distribution rights, and 10.95 million common units of CSI Compressco LP ("CSI Compressco") and 15 compressor units to Spartan Energy Partners, which generated over $30 million of cash proceeds to TETRA. TETRA's income statement reflects CSI Compressco as discontinued operations, and the assets and liabilities of CSI Compressco are reflected as assets and liabilities held for sale as of December 31, 2020. TETRA continues to own 5.2 million of CSI Compressco common units, which are equal to approximately 11% of the total outstanding CSI Compressco common units, with a current market value of approximately $10.6 million. Net loss before discontinued operations for the fourth quarter of 2020 was $7.1 million inclusive of $3.4 million of non-recurring charges and expenses. Total year cash from operating activities was $77 million, compared to $90 million in 2019.