TTI - TETRA Technologies, Inc.
Chart Events
MACD
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 0.3910 |
| Open | 0.3842 |
| Bid | 0.3720 x 900 |
| Ask | 0.3740 x 800 |
| Day's Range | 0.3600 - 0.3851 |
| 52 Week Range | 0.2200 - 2.1800 |
| Volume | 3,720,573 |
| Avg. Volume | 3,208,979 |
| Market Cap | 45.525M |
| Beta (5Y Monthly) | 2.75 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.1000 |
| Earnings Date | Aug 06, 2020 - Aug 10, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 1.00 |
Fair Value
Related Research
- PR Newswire
CSI Compressco LP Announces Extension Of Expiration Time Of Exchange Offer
CSI Compressco LP ("CSI Compressco" or the "Partnership") (NASDAQ: CCLP) and the Partnership's wholly owned subsidiary, CSI Compressco Finance Inc. ("Finance Corp" and, together with the Partnership, the "Issuers") today announced that they have extended the Expiration Time for their previously announced offer to exchange (the "Exchange Offer") any and all of their outstanding 7.250% Senior Unsecured Notes due 2022 (CUSIP No. 20467BAB5) (the "Unsecured Notes") for newly issued 7.500% Senior Secured First Lien Notes due 2025 (the "New First Lien Notes") and 7.250% Senior Secured Second Lien Notes due 2027 (the "New Second Lien Notes" and, together with the New First Lien Notes, the "New Notes"), upon the terms and conditions set forth in the Confidential Offering Memorandum and Consent Solicitation Statement dated April 17, 2020, as amended by Supplement No. 1, dated May 1, 2020, Supplement No. 2, dated May 15, 2020, Supplement No. 3, dated May 18, 2020, Supplement No. 4, dated May 20, 2020, Supplement No. 5, dated May 21, 2020, and Supplement No. 6, dated May 22, 2020 (the "Offering Memorandum").
- Thomson Reuters StreetEvents
Edited Transcript of TTI earnings conference call or presentation 5-May-20 1:30pm GMT
Q1 2020 Tetra Technologies Inc Earnings Call
- Simply Wall St.
TETRA Technologies, Inc. (NYSE:TTI) Analysts Just Slashed This Year's Estimates
Today is shaping up negative for TETRA Technologies, Inc. (NYSE:TTI) shareholders, with the analysts delivering a...
- Motley Fool
TETRA Technologies (TTI) Q1 2020 Earnings Call Transcript
Image source: The Motley Fool. TETRA Technologies (NYSE: TTI)Q1 2020 Earnings CallMay 05, 2020, 9:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, and welcome to the TETRA Technologies first-quarter 2020 results conference call.
- Zacks
Tetra Technologies (TTI) Q1 Earnings and Revenues Top Estimates
Tetra Technologies (TTI) delivered earnings and revenue surprises of 125.00% and 6.43%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- Benzinga
Tetra Technologies: Q1 Earnings Insights
Shares of Tetra Technologies (NYSE:TTI) jumped 42% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share increased 150.00% over the past year to $0.02, which beat the estimate of ($0.08).Revenue of $222,942,000 less by 8.53% from the same period last year, which beat the estimate of $221,650,000.Guidance Tetra Technologies hasn't issued any earnings guidance for the time being.Tetra Technologies hasn't issued any revenue guidance for the time being.Details Of The Call Date: May 05, 2020View more earnings on TTIWebcast URL: https://www.webcaster4.com/Webcast/Page/1158/32867Technicals Company's 52-week high was at $2.40Company's 52-week low was at $0.22Price action over last quarter: down 66.67%Company Description Tetra Technologies Inc is a diversified oil and gas services company, focused on completion fluids and associated products and services, water management, frac flowback, production well testing, offshore rig cooling, and compression services. It has three reporting segments namely Completion Fluids & Products, Water & Flowback Services, and Compression. The Completion Fluids & Products Division manufactures and markets clear brine fluids, additives, and associated products and services. The Water & Flowback Services Division provides onshore oil and gas operators with comprehensive water management services. The Compression Division is a provider of compression services and equipment for natural gas and oil production, gathering, transportation, processing, and storage.See more from Benzinga * 17 Energy Stocks Moving In Monday's Pre-Market Session * Stocks That Hit 52-Week Lows On Thursday * Stocks That Hit 52-Week Lows On Wednesday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- PR Newswire
CSI Compressco LP Announces Extension Of Early Tender Time Of Exchange Offer
CSI Compressco LP ("CSI Compressco" or the "Partnership") (NASDAQ: CCLP) and the Partnership's wholly owned subsidiary, CSI Compressco Finance Inc. ("Finance Corp" and, together with the Partnership, the "Issuers") today announced that they have extended the Early Tender Time for their previously announced offer to exchange (the "Exchange Offer") any and all of their outstanding 7.250% Senior Unsecured Notes due 2022 (CUSIP No. 20467BAB5) (the "Unsecured Notes") for newly issued 7.500% Senior Secured First Lien Notes due 2025 (the "New First Lien Notes") and 7.250% Senior Secured Second Lien Notes due 2027 (the "New Second Lien Notes" and, together with the New First Lien Notes, the "New Notes"), upon the terms and conditions set forth in the Confidential Offering Memorandum and Consent Solicitation Statement dated April 17, 2020 (the "Offering Memorandum").
- Investor's Business Daily
Tetra Technologies Showed Rising Relative Strength Prior To Earnings
When looking for the best stocks to buy and watch, focus on those with rising relative price strength. One stock that fits that bill is Tetra Technologies, which had its Relative Strength (RS) Rating upgraded from 77 to 83 Thursday. Tetra Technologies posted 4% earnings growth last quarter.
- Zacks
Analysts Estimate Tetra Technologies (TTI) to Report a Decline in Earnings: What to Look Out for
Tetra Technologies (TTI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- PR Newswire
TETRA Technologies, Inc. Announces First Quarter 2020 Earnings Release Conference Call and Webcast
TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced today that it will release first quarter 2020 results before the opening of the market on Tuesday, May 5, 2020. Following the release, TETRA will host a conference call at 9:30 a.m. Eastern Time to discuss the results. Brady M. Murphy, President and CEO, and Elijio V. Serrano, Senior Vice President and CFO, will host the call.
- PR Newswire
CSI Compressco LP Announces Quarterly Distribution and Schedule for First Quarter 2020 Earnings Release Conference Call and Webcast
CSI Compressco LP ("CSI Compressco") (NASDAQ: CCLP) announced today that the board of directors of its general partner has declared a cash distribution attributable to the quarter ended March 31, 2020 of $0.01 per outstanding common unit, or $0.04 per outstanding common unit on an annualized basis. This cash distribution will be paid on May 15, 2020 to all common unitholders of record as of the close of business on May 1, 2020.
- PR Newswire
CSI Compressco LP Announces Debt Exchange Offer and Consent Solicitation
CSI Compressco LP ("CSI Compressco" or the "Partnership") (NASDAQ: CCLP) and the Partnership's wholly owned subsidiary, CSI Compressco Finance Inc. ("Finance Corp" and, together with the Partnership, the "Issuers") today announced that they have commenced an offer to certain Eligible Holders (as defined below) described below to exchange any and all of their outstanding 7.250% Senior Unsecured Notes due 2022 (the "Unsecured Notes") for newly issued 7.500% Senior Secured First Lien Notes due 2025 (the "New First Lien Notes") and 7.250% Senior Secured Second Lien Notes due 2027 (the "New Second Lien Notes" and, together with the New First Lien Notes, the "New Notes"), upon the terms and conditions set forth in the Confidential Offering Memorandum and Consent Solicitation Statement dated April 17, 2020 (the "Exchange Offer").
- PR Newswire
CSI Compressco LP Provides Financial And Operational Update
CSI Compressco LP ("CSI Compressco" or the "Partnership") (NASDAQ: CCLP) announced today that, in light of the current, significant macroeconomic uncertainty resulting from the recent decline in oil prices and the ongoing COVID-19 pandemic, it is withdrawing its previously issued financial guidance for full year 2020, which should no longer be relied upon. The Partnership is also providing preliminary first quarter 2020 financial results. Additionally, the Partnership outlines below a series of actions that it has taken to date as well as others it is in the process of implementing to address the ongoing downturn in the industry.
- PR Newswire
TETRA Technologies, Inc. Receives Continued Listing Standard Notice From NYSE And Provides Update To Address The Industry Downturn
TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced that on March 26, 2020, it received formal notice from the New York Stock Exchange ("NYSE") that the average closing price of the Company's shares of common stock had fallen below $1.00 per share over a period of 30 consecutive trading days, which is the minimum average share price for continued listing on the NYSE under Rule 802.01C of the NYSE Listed Company Manual.
- Thomson Reuters StreetEvents
Edited Transcript of TTI earnings conference call or presentation 27-Feb-20 3:30pm GMT
Q4 2019 Tetra Technologies Inc Earnings Call
- Benzinga
Benzinga's Top Upgrades, Downgrades For March 13, 2020
Upgrades * Northland upgraded the stock for Advanced Micro Devices Inc (NASDAQ: AMD) from Market Perform to Outperform. For the fourth quarter, Advanced Micro Devices had an EPS of $0.32, compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of $59.27 and a 52-week-low of $22.78. Advanced Micro Devices's stock last closed at $39.01 per share. * Tigress Financial changed the rating for McDonald's Corp (NYSE: MCD) from Neutral to Buy. In the fourth quarter, McDonald's showed an EPS of $1.97, compared to $1.97 from the year-ago quarter. The stock has a 52-week-high of $221.93 and a 52-week-low of $169.38. McDonald's's stock last closed at $170.12 per share. * Cantor Fitzgerald changed the rating for CymaBay Therapeutics Inc (NASDAQ: CBAY) from Neutral to Overweight. CymaBay Therapeutics earned ($0.43) in the fourth quarter, compared to ($0.32) in the year-ago quarter. The stock has a 52-week-high of $13.89 and a 52-week-low of $1.29. CymaBay Therapeutics's stock last closed at $1.41 per share. * Baird changed the rating for Fastenal Co (NASDAQ: FAST) from Neutral to Outperform. In the fourth quarter, Fastenal showed an EPS of $0.31, compared to $0.60 from the year-ago quarter. The stock has a 52-week-high of $71.88 and a 52-week-low of $28.38. Fastenal's stock last closed at $30.87 per share. * For Alcon Inc (NYSE: ALC), UBS upgraded the stock from Neutral to Buy. Interestingly, in the fourth quarter, Alcon's EPS was $0.45. The stock has a 52-week-high of $65.37 and a 52-week-low of $47.97. Alcon's stock last closed at $50.41 per share. * For Citrix Systems Inc (NASDAQ: CTXS), William Blair upgraded the stock from Market Perform to Outperform. Citrix Systems earned $1.71 in the fourth quarter, compared to $1.67 in the year-ago quarter. The stock has a 52-week-high of $130.55 and a 52-week-low of $90.28. Citrix Systems's stock last closed at $105.06 per share. * For WEC Energy Group Inc (NYSE: WEC), KeyBanc upgraded the stock from Sector Weight to Overweight. For the fourth quarter, WEC Energy Gr had an EPS of $0.77, compared to year-ago quarter EPS of $0.65. The stock has a 52-week-high of $105.64 and a 52-week-low of $75.88. WEC Energy Gr's stock last closed at $91.64 per share. * Goldman Sachs changed the rating for Amarin Corp PLC (NASDAQ: AMRN) from Neutral to Buy. For the fourth quarter, Amarin Corp had an EPS of $0.02, compared to year-ago quarter EPS of ($0.09). The stock has a 52-week-high of $26.12 and a 52-week-low of $8.58. Amarin Corp's stock last closed at $11.50 per share. * Goldman Sachs upgraded the stock for The Kraft Heinz Co (NASDAQ: KHC) from Sell to Neutral. In the fourth quarter, Kraft Heinz showed an EPS of $0.72, compared to $0.84 from the year-ago quarter. The stock has a 52-week-high of $33.78 and a 52-week-low of $20.04. Kraft Heinz's stock last closed at $20.06 per share. * BMO Capital changed the rating for Domtar Corp (NYSE: UFS) from Market Perform to Outperform. For the fourth quarter, Domtar had an EPS of $0.03, compared to year-ago quarter EPS of $1.38. The stock has a 52-week-high of $50.84 and a 52-week-low of $21.00. Domtar's stock last closed at $23.16 per share. * JP Morgan upgraded the stock for Adobe Inc (NASDAQ: ADBE) from Neutral to Overweight. Adobe earned $2.27 in the first quarter, compared to $1.71 in the year-ago quarter. The stock has a 52-week-high of $386.75 and a 52-week-low of $252.03. Adobe's stock last closed at $285.00 per share. * For Dolby Laboratories Inc (NYSE: DLB), JP Morgan upgraded the stock from Neutral to Overweight. In the first quarter, Dolby Laboratories showed an EPS of $0.64, compared to $0.74 from the year-ago quarter. The stock has a 52-week-high of $73.20 and a 52-week-low of $53.32. Dolby Laboratories's stock last closed at $53.43 per share. * For NextEra Energy Partners LP (NYSE: NEP), Raymond James upgraded the stock from Market Perform to Outperform. For the fourth quarter, NextEra Energy Partners had an EPS of $0.50, compared to year-ago quarter EPS of ($0.39). The stock has a 52-week-high of $61.87 and a 52-week-low of $42.85. NextEra Energy Partners's stock last closed at $44.95 per share. * For American Electric Power Co Inc (NYSE: AEP), KeyBanc upgraded the stock from Sector Weight to Overweight. In the fourth quarter, American Electric Power showed an EPS of $0.60, compared to $0.72 from the year-ago quarter. The stock has a 52-week-high of $104.97 and a 52-week-low of $73.53. American Electric Power's stock last closed at $82.58 per share. Downgrades * Deutsche Bank changed the rating for Nike Inc (NYSE: NKE) from Buy to Hold. Nike earned $0.70 in the second quarter, compared to $0.52 in the year-ago quarter. The stock has a 52-week-high of $105.62 and a 52-week-low of $73.00. Nike's stock last closed at $74.20 per share. * Needham downgraded the stock for Zuora Inc (NYSE: ZUO) from Buy to Hold. Zuora earned ($0.09) in the fourth quarter, compared to ($0.11) in the year-ago quarter. The stock has a 52-week-high of $24.43 and a 52-week-low of $8.50. Zuora's stock last closed at $8.51 per share. * Wells Fargo changed the rating for Valaris PLC (NYSE: VAL) from Equal-Weight to Underweight. Valaris earned ($1.55) in the fourth quarter. The stock has a 52-week-high of $8.75 and a 52-week-low of $0.47. Valaris's stock last closed at $0.65 per share. * Wells Fargo downgraded the stock for Transocean Ltd (NYSE: RIG) from Overweight to Equal-Weight. Transocean earned ($0.43) in the fourth quarter, compared to ($0.34) in the year-ago quarter. The stock has a 52-week-high of $9.79 and a 52-week-low of $1.13. Transocean's stock last closed at $1.33 per share. * For Tetra Technologies Inc (NYSE: TTI), Wells Fargo downgraded the stock from Overweight to Equal-Weight. Tetra Technologies earned $0.03 in the fourth quarter, compared to ($0.01) in the year-ago quarter. The stock has a 52-week-high of $2.66 and a 52-week-low of $0.36. Tetra Technologies's stock last closed at $0.36 per share. * For Noble Corp PLC (NYSE: NE), Wells Fargo downgraded the stock from Equal-Weight to Underweight. Noble earned ($0.33) in the fourth quarter, compared to ($0.36) in the year-ago quarter. The stock has a 52-week-high of $3.21 and a 52-week-low of $0.20. Noble's stock last closed at $0.25 per share. * Wells Fargo downgraded the stock for Nine Energy Service Inc (NYSE: NINE) from Equal-Weight to Underweight. For the fourth quarter, Nine Energy Service had an EPS of ($0.57), compared to year-ago quarter EPS of $0.49. The stock has a 52-week-high of $24.45 and a 52-week-low of $0.83. Nine Energy Service's stock last closed at $1.03 per share. * For NCS Multistage Holdings Inc (NASDAQ: NCSM), Wells Fargo downgraded the stock from Equal-Weight to Underweight. NCS Multistage Holdings earned ($0.04) in the fourth quarter, compared to ($0.06) in the year-ago quarter. The stock has a 52-week-high of $5.75 and a 52-week-low of $0.81. NCS Multistage Holdings's stock last closed at $0.82 per share. * Wells Fargo downgraded the stock for Diamond Offshore Drilling Inc (NYSE: DO) from Equal-Weight to Underweight. For the fourth quarter, Diamond Offshore Drilling had an EPS of ($0.45), compared to year-ago quarter EPS of ($0.42). The stock has a 52-week-high of $12.64 and a 52-week-low of $1.22. Diamond Offshore Drilling's stock last closed at $1.41 per share. * H.C. Wainwright downgraded the stock for Fuel Tech Inc (NASDAQ: FTEK) from Buy to Neutral. For the fourth quarter, Fuel Tech had an EPS of ($0.10), compared to year-ago quarter EPS of $0.04. The stock has a 52-week-high of $3.06 and a 52-week-low of $0.41. Fuel Tech's stock last closed at $0.48 per share. * Baird downgraded the stock for TransUnion (NYSE: TRU) from Outperform to Neutral. For the fourth quarter, TransUnion had an EPS of $0.75, compared to year-ago quarter EPS of $0.66. The stock has a 52-week-high of $101.16 and a 52-week-low of $63.37. TransUnion's stock last closed at $72.58 per share. * BTIG Research downgraded the stock for ViewRay Inc (NASDAQ: VRAY) from Buy to Neutral. ViewRay earned ($0.31) in the fourth quarter, compared to ($0.17) in the year-ago quarter. The stock has a 52-week-high of $9.76 and a 52-week-low of $1.36. ViewRay's stock last closed at $1.40 per share. * For BanColombia SA (NYSE: CIB), Credit Suisse downgraded the stock from Neutral to Underperform. For the fourth quarter, BanColombia had an EPS of $0.60, compared to year-ago quarter EPS of $1.28. The stock has a 52-week-high of $56.10 and a 52-week-low of $27.36. BanColombia's stock last closed at $29.01 per share. * Deutsche Bank changed the rating for Vivint Smart Home Inc (NYSE: VVNT) from Hold to Sell. The stock has a 52-week-high of $32.00 and a 52-week-low of $12.58. Vivint Smart Home's stock last closed at $23.40 per share. * KeyBanc downgraded the stock for Sempra Energy (NYSE: SRE) from Overweight to Sector Weight. In the fourth quarter, Sempra Energy showed an EPS of $1.55, compared to $1.56 from the year-ago quarter. The stock has a 52-week-high of $161.87 and a 52-week-low of $103.84. Sempra Energy's stock last closed at $104.22 per share. * KeyBanc downgraded the stock for Otter Tail Corp (NASDAQ: OTTR) from Overweight to Sector Weight. In the fourth quarter, Otter Tail showed an EPS of $0.51, compared to $0.35 from the year-ago quarter. The stock has a 52-week-high of $57.74 and a 52-week-low of $38.14. Otter Tail's stock last closed at $38.15 per share. * KeyBanc downgraded the stock for CenterPoint Energy Inc (NYSE: CNP) from Sector Weight to Underweight. For the fourth quarter, CenterPoint Energy had an EPS of $0.45, compared to year-ago quarter EPS of $0.36. The stock has a 52-week-high of $31.17 and a 52-week-low of $14.63. CenterPoint Energy's stock last closed at $14.88 per share.See more from Benzinga * Recap: Gogo Q4 Earnings * Recap: PLx Pharma Q4 Earnings * Recap: Harvest Capital Credit Q4 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- PR Newswire
/C O R R E C T I O N -- CSI Compressco LP/
CSI Compressco LP ("CSI Compressco" or the "Partnership") (NASDAQ: CCLP) announced today strong fourth quarter and full year 2019 consolidated financial results.
- TipRanks
Analysts: These 3 Penny Stocks Are Positioned for Big Gains in 2020
Penny stocks, you either love them or you hate them. One of the obvious draws of these stocks trading for under $5 per share is the ability to get more bang for your buck. And should these bargain priced stocks see their share prices rise by only a small amount, the rewards can be staggering.However, before jumping right into an investment in a penny stock, Wall Street pros advise looking at the bigger picture and considering other factors beyond just the price tag. For some names that fall into this category, you really do get what you pay for, offering little in the way of long-term growth prospects thanks to weak fundamentals, recent headwinds or even large outstanding share counts.Taking all of this into consideration, we used TipRanks’ Stock Screener tool to zero in on the crème-de-la-crème when it comes to penny stocks. We are referring to the names that have not only received substantial support from Wall Street analysts but also boast sky-high upside potential from their current levels. Let's take a closer look.Matinas BioPharma Holdings (MTNB) Through the development of its lead candidate, MAT9001, Matinas BioPharma wants to offer new treatments for cardiovascular and metabolic conditions. MAT9001 is an omega-3 fatty acid-based drug designed as a more effective hypertriglyceridemia treatment. With it well positioned in an expanding market, SunTrust Robinson analyst Gregg Gilbert believes that at $1.35 per share, now is the time to buy.Despite having struggled year-to-date, investors shouldn’t panic according to the analyst. MTNB’s descent was partly related to the early success of its competitor Amarin’s Vascepa, its omega-3 fatty acid drug, as its label expansion to include cardiovascular risk reduction was just approved in December. However, Gilbert actually sees Vascepa’s launch as a positive for MTNB.Gilbert cites the growth of the omega-3 class as the source of his optimism. Currently, there are only two prescription omega-3s to reduce triglycerides in patients with severe hypertriglyceridemia available in the U.S., Lovaza and Vascepa. As more and more research is conducted, the evidence in support of the benefits of omega-3s is mounting, implying that there’s plenty of room for MTNB to take market share.On top of this, Gilbert points out that MAT9001 is unique in that it contains EPA and DPA in free fatty acid form and is highly bioavailable. Based on early clinical data, the drug’s composition has been shown to produce substantial reductions in lipid markers and higher bioavailability compared to Vascepa. “While a few years from market, we believe MAT9001 could carve out a nice slice of the omega-3 market given its unique characteristics,” the analyst commented.While noting that it’s difficult to gauge the size of the omega-3 market, about 4 million patients are candidates for Lovaza or Vascepa based on the indication for severe hypertriglyceridemia. With the recent expansion of Vascepa’s label, the opportunity could be further expanded.All of the above prompted Gilbert to kick off his MTNB coverage by issuing a bullish call. At his $3 price target, shares could be in for a 122% gain over the next twelve months. (To watch Gilbert’s track record, click here)What does the rest of the Street think? As it turns out, all 5 of the analysts that have published a recent review see the stock as a Buy, making the consensus rating a unanimous Strong Buy. Adding to the good news, the $3.30 average price target indicates 144% upside potential. (See Matinas BioPharma price targets and analyst ratings on TipRanks)Marrone Bio Innovations (MBII) For Marrone Bio, sustainability is the name of the game. The company uses microorganisms isolated from samples collected from flowers, insects, soil and composts to find effective solutions for pest management and plant health. Currently trading for $1.14 per share, some argue that this price can only go up from here.During the first three quarters of 2019, the company was able to report revenue growth of 46% year-to-date. However, its disappointing bottom line results have worried investors. Even with the revenue gains, earnings haven’t improved. That being said, National Securities analyst Ben Klieve thinks that MBII’s financials are in for a change. He cites its investments in several growth initiatives as potentially fueling reductions in adjusted EBITDA losses.Additionally, Klieve highlights the improvements in both gross margins and gross profit and new collaborations with Corteva and Compass Minerals as being encouraging signs. “We believe this momentum can continue into the fourth quarter and carry into 2020. With organic growth being supplemented by the acquisition of Pro Farm, we expect revenue growth can again approach 50% in 2020 with continued progress in gross margins,” he explained.Based on the company’s efforts to drive a turnaround, Klieve kept both his Buy rating and $2.50 price target as is. This implies that shares could climb 119% higher in the next twelve months. (To watch Klieve’s track record, click here)Meanwhile, Amit Dayal of H.C. Wainwright points to the EPA’s recent approval of two of its biofungicide products, Stargus and Regalia, for use on hemp plants as reaffirming his bullish thesis. Since 2018, no other crop protection products have been given the thumbs up for use on hemp. Not to mention the company estimates the hemp market in 2018 reached over $1.1 billion and could more than double by 2022.“We believe that being the first company with EPA approved crop protection products for use in hemp–in addition to these products being bio-based–affords Marrone a significant competitive advantage,” Dayal commented. Thanks to this development, the analyst reiterated his bullish call. At $2.50, his price target mirrors Klieve’s. (To watch Dayal’s track record, click here)When it comes to other analyst activity, it has been relatively quiet on Wall Street. The two analysts above have published the only recent reviews, making the consensus rating a Moderate Buy. (See Marrone Bio stock analysis on TipRanks)TETRA Technologies (TTI)Switching gears now, TETRA provides the upstream energy industry with solutions for completion fluids and water management as well as offers various compression services. According to one analyst, its price tag of $1.51 a share is a steal.B.Riley FBR’s Tom Curran does acknowledge that its onshore NAM OFS businesses, especially water and flowback's services in the Permian, continue to face challenges, and its long-term hydrochloric acid (HCI) supply agreement impacts the value of its mechanical evaporation (ME) plant in the near-term. Having said that, he argues TTI has a lot going for it. During a recent conference, management stated that the operator who awarded it the CS Neptune project should have started completions activity during Q4 2019, beginning the consumption of product under the contract.Curran argues that this would be a huge step forward, writing, “Although there is a real possibility that the completion phase did not start until later in 4Q19 and could spill over into 1Q20, we believe that the mere commencement of Neptune sales under this contract should be a significant positive for both TTI's stock sentiment and fundamental story, especially since the product is so lucrative that even a modest amount of revenue recognition should have a pronounced impact on the division's margin.”He concluded by noting, “We continue to like TTI's cheap valuation, which we suspect is partly due to misperceptions about TTI-only's actual debt burden; Completion Fluids division's promising CS Neptune product suite and structurally increasing profitability; and Water & Flowback division's potential to significantly rebound as competitive improvements converge with a cyclical upswing.”To this end, Curran maintained a Buy recommendation. Despite reducing the price target from $3.75 to $3.50, he still believes a 132% twelve-month gain could be in store. (To watch Curran’s track record, click here)Looking at the consensus breakdown, only one other analyst has thrown an opinion into the mix. However, the rating was also bullish, making the Street consensus a Moderate Buy. While lower than Curran’s forecast, the $2.88 average price target still suggests huge upside potential of 91%. (See TETRA stock analysis on TipRanks)
- PR Newswire
TETRA Technologies, Inc. Announces Date of Its Annual Meeting of Shareholders
TETRA Technologies, Inc. ("TETRA") (NYSE: TTI) today announced its 2020 Annual Meeting of Stockholders will be held at 11:00 a.m. Central Time on Thursday, May 7, 2020, at its Corporate Headquarters located at 24955 Interstate 45 North in The Woodlands, Texas. The record date for the meeting will be March 6, 2020.
- PR Newswire
TETRA Technologies, Inc. Announces Fourth Quarter and Full Year 2019 Earnings Release Conference Call and Webcast
TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) announced today that it will release fourth quarter and full year 2019 results before the opening of the market on Thursday, February 27, 2020. Following the release, TETRA will host a conference call at 10:30 a.m. Eastern Time to discuss the results. Brady M. Murphy, President and CEO, and Elijio V. Serrano, Senior Vice President and CFO, will host the call.
- PR Newswire
CSI Compressco LP Announces Quarterly Distribution and Schedule for Fourth Quarter and Full Year 2019 Earnings Release Conference Call and Webcast
CSI Compressco LP ("CSI Compressco") (NASDAQ: CCLP) announced today that the board of directors of its general partner has declared a cash distribution attributable to the quarter ended December 31, 2019 of $0.01 per outstanding common unit, or $0.04 per outstanding common unit on an annualized basis. This cash distribution will be paid on February 14, 2020 to all common unitholders of record as of the close of business on February 1, 2020.
- Simply Wall St.
Market Sentiment Around Loss-Making TETRA Technologies, Inc. (NYSE:TTI)
TETRA Technologies, Inc.'s (NYSE:TTI): TETRA Technologies, Inc., together with its subsidiaries, operates as a...
- Insider Monkey
Is TETRA Technologies, Inc. (TTI) Going to Burn These Hedge Funds?
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
- PR Newswire
TETRA Technologies, Inc. Announces Cost Reduction Initiatives, New Long-Term Supply Agreement and Anticipated Impairment
TETRA Technologies, Inc. ("TETRA") (NYSE: TTI) announced that it is implementing a series of cost reduction actions in response to the slowdown in North America onshore drilling and completions activity. In addition to reducing field staff and field operating costs to align with lower activity, management is restructuring its support functions to reduce selling, general and administrative expenses at the corporate level and at its North America onshore operations by an estimated $8 million to $10 million, on an annualized basis.
- Thomson Reuters StreetEvents
Edited Transcript of TTI earnings conference call or presentation 7-Nov-19 3:30pm GMT
Q3 2019 Tetra Technologies Inc Earnings Call
