Northland Securities Has Pessimistic View of TTI Q3 Earnings

Tetra Technologies, Inc. (NYSE:TTI) – Analysts at Northland Securities decreased their Q3 2026 earnings per share estimates for Tetra Technologies in a research report issued on Wednesday, August 5th. Northland Securities analyst B. Brooks now expects that the oil and gas company will post earnings of $0.04 per share for the quarter, down from their previous forecast of $0.06. Northland Securities currently has a “Outperform” rating and a $14.00 target price on the stock. The consensus estimate for Tetra Technologies’ current full-year earnings is $0.27 per share. Northland Securities also issued estimates for Tetra Technologies’ FY2026 earnings at $0.24 EPS, Q3 2027 earnings at $0.08 EPS and Q4 2027 earnings at $0.11 EPS.

Separately, Weiss Ratings lowered shares of Tetra Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Tetra Technologies has an average rating of “Moderate Buy” and an average target price of $12.83.

Tetra Technologies Stock Down 2.7%

NYSE TTI opened at $8.43 on Thursday. Tetra Technologies has a 12 month low of $3.82 and a 12 month high of $12.54. The company has a current ratio of 2.46, a quick ratio of 1.20 and a debt-to-equity ratio of 0.43. The stock has a market cap of $1.12 billion, a PE ratio of 210.88 and a beta of 1.25. The stock’s 50 day moving average is $9.51 and its 200 day moving average is $9.70.

Tetra Technologies (NYSE:TTI) last released its earnings results on Monday, August 3rd. The oil and gas company reported $0.08 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.08. The firm had revenue of $185.66 million during the quarter, compared to analysts’ expectations of $176.16 million. Tetra Technologies had a return on equity of 9.11% and a net margin of 0.97%.During the same quarter last year, the business posted $0.08 earnings per share.

Institutional Trading of Tetra Technologies

Hedge funds have recently modified their holdings of the company. KBC Group NV bought a new position in shares of Tetra Technologies during the 1st quarter valued at approximately $27,000. Aster Capital Management DIFC Ltd bought a new stake in Tetra Technologies in the fourth quarter worth $33,000. Stone House Investment Management LLC bought a new stake in Tetra Technologies in the fourth quarter worth $39,000. Rockefeller Capital Management L.P. bought a new stake in Tetra Technologies in the fourth quarter worth $45,000. Finally, Generali Investments Management Co LLC purchased a new stake in Tetra Technologies during the fourth quarter valued at $54,000. 70.19% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Tetra Technologies

In other news, VP Kurt Hallead bought 22,000 shares of Tetra Technologies stock in a transaction dated Tuesday, June 9th. The shares were purchased at an average cost of $9.86 per share, with a total value of $216,920.00. Following the completion of the acquisition, the vice president owned 170,764 shares of the company’s stock, valued at $1,683,733.04. This trade represents a 14.79% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Brady M. Murphy sold 50,000 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $10.72, for a total value of $536,000.00. Following the completion of the sale, the chief executive officer owned 2,965,457 shares in the company, valued at $31,789,699.04. This represents a 1.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 6.27% of the company’s stock.

About Tetra Technologies

Tetra Technologies, Inc (NYSE: TTI) is a provider of specialized products and services to the upstream oil and gas industry. The company operates through two primary segments: Oilfield Services, which offers hydraulic fracturing and wellsite fluid systems, and Chemical Solutions, which manufactures and delivers a broad range of drilling, completion and production chemicals. Tetra’s integrated service model spans the design, blending and on-site delivery of fluids, as well as pumping equipment and related wellsite operations.

Within the Oilfield Services segment, Tetra supplies pressure pumping fleets and associated equipment to support onshore hydraulic fracturing and well placement activities.