TETRA TECHNOLOGIES INC
TTI · Crude Petroleum & Natural Gas · 135.4M shares · +1%/yr ↑ shares · EDGAR filings ↗
Reference price $9.86 · est. market cap ~$1.3B — last insider purchase, 2026-06-09 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C63Mid-pack energy-services name with solid liquidity and modest FCF but very low current-year returns.
Strengths
- Current ratio 2.02 (85th pct) and quick ratio 1.28 (72nd) with manageable leverage (debt/equity 87.5th pct)
- Operating income up 11% on 5.3% revenue growth, aided by deepwater Neptune fluids and new Brazil/Argentina contracts
- Positive free cash flow of $19.5M
Risks
- ROE 1.1% (38th) and ROA 0.4% — net income collapsed 97% as the prior-year tax-valuation-allowance reversal reversed out
- Highly cyclical, commodity- and capex-sensitive end markets with FX and decommissioning (Maritech) exposure
- Floating-rate term debt ($190M) carries interest-rate refinancing risk
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Insider buyingInsider buying — 1 open-market buy(s) by 1 insider(s) (~$216,898, last 6mo) Form 4 ↗
- Revenue declineRevenue -10.2% YoY
- China exposureWe are monitoring the military conflict between Russia and Ukraine, the conflict in the Israel-Gaza region, heightened tensions with Iran, as well as the related export controls and financial and econ
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on equity
1.1%
Return on assets
0.4%
ROIC
9.4%
Revenue growth (QoQ)
-10.2%
Net-income growth
-97.2%
Debt / equity
0.6×
Net debt / EBITDA
1.2×
Current ratio
2.0×
Free cash flow
$20M
EBITDA
$92M
Tangible book value
$262M
Cash & investments
$73M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-12 | John Angela D | Option exercise | 38K | — |
| 2026-06-12 | McGee Sharon D. Booth | Option exercise | 38K | — |
| 2026-06-12 | Garcia Christian A | Option exercise | 38K | — |
| 2026-06-12 | BATES THOMAS R JR | Option exercise | 38K | — |
| 2026-06-12 | GLICK JOHN F | Option exercise | 51K | — |
| 2026-06-09 | Hallead Kurt | Buy | 22K | $9.86 |
| 2026-03-14 | Boston Shoemake Alicia r | Option exercise | 33K | — |
| 2026-03-14 | Boston Shoemake Alicia r | Tax withheld | 13K | $8.22 |
| 2026-03-14 | Moeller Timothy C | Option exercise | 83K | — |
| 2026-03-14 | Moeller Timothy C | Tax withheld | 37K | $8.22 |
| 2026-03-14 | Murphy Brady M | Option exercise | 372K | — |
| 2026-03-14 | Murphy Brady M | Tax withheld | 157K | $8.22 |
| 2026-03-14 | SANDERSON MATTHEW | Option exercise | 86K | — |
| 2026-03-14 | SANDERSON MATTHEW | Tax withheld | 38K | $8.22 |
| 2026-03-14 | SERRANO ELIJIO V | Option exercise | 138K | — |
| 2026-03-14 | SERRANO ELIJIO V | Tax withheld | 54K | $8.22 |
| 2026-03-11 | McNiven Roy | Other | 50K | — |
| 2026-02-28 | Boston Shoemake Alicia r | Option exercise | 19K | — |
| 2026-02-28 | Boston Shoemake Alicia r | Tax withheld | 7.6K | $8.66 |
| 2026-02-28 | Moeller Timothy C | Option exercise | 27K | — |
| 2026-02-28 | Moeller Timothy C | Tax withheld | 12K | $8.66 |
| 2026-02-28 | Murphy Brady M | Option exercise | 117K | — |
| 2026-02-28 | Murphy Brady M | Tax withheld | 49K | $8.66 |
| 2026-02-28 | SANDERSON MATTHEW | Option exercise | 29K | — |
| 2026-02-28 | SANDERSON MATTHEW | Tax withheld | 13K | $8.66 |
| 2026-02-28 | McNiven Roy | Option exercise | 27K | — |
| 2026-02-28 | McNiven Roy | Tax withheld | 11K | $8.66 |
| 2026-02-28 | SERRANO ELIJIO V | Option exercise | 39K | — |
| 2026-02-28 | SERRANO ELIJIO V | Tax withheld | 9.5K | $8.66 |
| 2026-02-25 | Boston Shoemake Alicia r | Option exercise | 6.4K | — |
| 2026-02-25 | Boston Shoemake Alicia r | Tax withheld | 2.6K | $11.14 |
| 2026-02-25 | Boston Shoemake Alicia r | Option exercise | 8.1K | — |
| 2026-02-25 | Boston Shoemake Alicia r | Tax withheld | 3.5K | $11.14 |
| 2026-02-25 | Moeller Timothy C | Option exercise | 13K | — |
| 2026-02-25 | Moeller Timothy C | Tax withheld | 5.9K | $11.14 |
| 2026-02-25 | Moeller Timothy C | Option exercise | 14K | — |
| 2026-02-25 | Moeller Timothy C | Tax withheld | 6.4K | $11.14 |
| 2026-02-25 | Murphy Brady M | Option exercise | 57K | — |
| 2026-02-25 | Murphy Brady M | Tax withheld | 24K | $11.14 |
| 2026-02-25 | Murphy Brady M | Option exercise | 60K | — |
| 2026-02-25 | Murphy Brady M | Tax withheld | 26K | $11.14 |
| 2026-02-25 | SANDERSON MATTHEW | Option exercise | 16K | — |
| 2026-02-25 | SANDERSON MATTHEW | Tax withheld | 8.0K | $11.14 |
| 2026-02-25 | SANDERSON MATTHEW | Option exercise | 15K | — |
| 2026-02-25 | SANDERSON MATTHEW | Tax withheld | 6.4K | $11.14 |
| 2026-02-25 | McNiven Roy | Option exercise | 13K | — |
| 2026-02-25 | McNiven Roy | Tax withheld | 5.0K | $11.14 |
| 2026-02-25 | McNiven Roy | Option exercise | 14K | — |
| 2026-02-25 | McNiven Roy | Tax withheld | 5.9K | $11.14 |
| 2026-02-25 | SERRANO ELIJIO V | Option exercise | 21K | — |
| 2026-02-25 | SERRANO ELIJIO V | Tax withheld | 5.7K | $11.14 |
| 2026-02-25 | SERRANO ELIJIO V | Option exercise | 20K | — |
| 2026-02-25 | SERRANO ELIJIO V | Tax withheld | 4.9K | $11.14 |
| 2025-11-10 | Boston Shoemake Alicia r | Option exercise | 6.1K | $7.14 |
| 2025-11-10 | Boston Shoemake Alicia r | Sell | 6.1K | $7.90 |
| 2025-11-10 | Boston Shoemake Alicia r | Option exercise | 13K | $3.87 |
| 2025-11-10 | Boston Shoemake Alicia r | Sell | 13K | $7.96 |
| 2025-10-04 | Moeller Timothy C | Option exercise | 25K | — |
| 2025-10-04 | Moeller Timothy C | Tax withheld | 6.1K | $5.54 |
| 2025-08-25 | Boston Shoemake Alicia r | Option exercise | 6.4K | — |
| 2025-08-25 | Boston Shoemake Alicia r | Tax withheld | 3.7K | $4.49 |
| 2025-08-25 | Boston Shoemake Alicia r | Option exercise | 8.1K | — |
| 2025-08-25 | Boston Shoemake Alicia r | Tax withheld | 4.6K | $4.49 |
| 2025-08-25 | SANDERSON MATTHEW | Option exercise | 16K | — |
| 2025-08-25 | SANDERSON MATTHEW | Tax withheld | 6.2K | $4.49 |
| 2025-08-25 | SANDERSON MATTHEW | Option exercise | 15K | — |
| 2025-08-25 | SANDERSON MATTHEW | Tax withheld | 5.6K | $4.49 |
| 2025-08-25 | SERRANO ELIJIO V | Option exercise | 21K | — |
| 2025-08-25 | SERRANO ELIJIO V | Tax withheld | 8.4K | $4.49 |
| 2025-08-25 | SERRANO ELIJIO V | Option exercise | 20K | — |
| 2025-08-25 | SERRANO ELIJIO V | Tax withheld | 7.9K | $4.49 |
| 2025-08-25 | Murphy Brady M | Option exercise | 57K | — |
| 2025-08-25 | Murphy Brady M | Tax withheld | 24K | $4.49 |
| 2025-08-25 | Murphy Brady M | Option exercise | 60K | — |
| 2025-08-25 | Murphy Brady M | Tax withheld | 26K | $4.49 |
| 2025-08-25 | McNiven Roy | Option exercise | 13K | — |
| 2025-08-25 | McNiven Roy | Tax withheld | 4.8K | $4.49 |
| 2025-08-25 | McNiven Roy | Option exercise | 14K | — |
| 2025-08-25 | McNiven Roy | Tax withheld | 5.1K | $4.49 |
| 2025-08-25 | Moeller Timothy C | Option exercise | 13K | — |
| 2025-08-25 | Moeller Timothy C | Tax withheld | 3.1K | $4.49 |
| 2025-08-25 | Moeller Timothy C | Option exercise | 14K | — |
| 2025-08-25 | Moeller Timothy C | Tax withheld | 3.3K | $4.49 |
| 2025-06-11 | Hallead Kurt | Buy | 73K | $3.39 |
| 2025-05-21 | McGee Sharon D. Booth | Option exercise | 27K | — |
| 2025-05-21 | Garcia Christian A | Option exercise | 27K | — |
| 2025-05-21 | John Angela D | Option exercise | 27K | — |
| 2025-05-21 | GLICK JOHN F | Option exercise | 36K | — |
| 2025-05-21 | BALDWIN MARK E | Option exercise | 27K | — |
| 2025-05-21 | BATES THOMAS R JR | Option exercise | 27K | — |
| 2025-05-05 | Hallead Kurt | Buy | 76K | $2.74 |
| 2025-05-02 | John Angela D | Buy | 18K | $2.74 |
| 2025-03-15 | SERRANO ELIJIO V | Option exercise | 107K | — |
| 2025-03-15 | SERRANO ELIJIO V | Tax withheld | 42K | $3.35 |
| 2025-03-15 | SANDERSON MATTHEW | Option exercise | 43K | — |
| 2025-03-15 | SANDERSON MATTHEW | Tax withheld | 16K | $3.35 |
| 2025-03-15 | Moeller Timothy C | Option exercise | 37K | — |
| 2025-03-15 | Moeller Timothy C | Tax withheld | 9.0K | $3.35 |
| 2025-03-15 | Murphy Brady M | Option exercise | 223K | — |
| 2025-03-15 | Murphy Brady M | Tax withheld | 94K | $3.35 |
| 2025-03-08 | Murphy Brady M | Option exercise | 109K | — |
| 2025-03-08 | Murphy Brady M | Tax withheld | 46K | $3.32 |
| 2025-03-08 | SERRANO ELIJIO V | Option exercise | 44K | — |
| 2025-03-08 | SERRANO ELIJIO V | Tax withheld | 14K | $3.32 |
| 2025-02-25 | Moeller Timothy C | Option exercise | 17K | — |
| 2025-02-25 | Moeller Timothy C | Tax withheld | 4.2K | $4.10 |
| 2025-02-25 | Moeller Timothy C | Option exercise | 13K | — |
| 2025-02-25 | Moeller Timothy C | Tax withheld | 3.1K | $4.10 |
| 2025-02-25 | Mucha Jacek M | Option exercise | 6.4K | — |
| 2025-02-25 | Mucha Jacek M | Tax withheld | 3.1K | $4.10 |
| 2025-02-25 | Mucha Jacek M | Option exercise | 4.8K | — |
| 2025-02-25 | Mucha Jacek M | Tax withheld | 1.7K | $4.10 |
| 2025-02-25 | Murphy Brady M | Option exercise | 77K | — |
| 2025-02-25 | Murphy Brady M | Tax withheld | 33K | $4.10 |
| 2025-02-25 | Murphy Brady M | Option exercise | 57K | — |
| 2025-02-25 | Murphy Brady M | Tax withheld | 28K | $4.10 |
| 2025-02-25 | McNiven Roy | Option exercise | 13K | — |
| 2025-02-25 | McNiven Roy | Tax withheld | 4.7K | $4.10 |
| 2025-02-25 | SANDERSON MATTHEW | Option exercise | 18K | — |
| 2025-02-25 | SANDERSON MATTHEW | Tax withheld | 6.7K | $4.10 |
| 2025-02-25 | SANDERSON MATTHEW | Option exercise | 16K | — |
| 2025-02-25 | SANDERSON MATTHEW | Tax withheld | 6.0K | $4.10 |
| 2025-02-25 | SERRANO ELIJIO V | Option exercise | 29K | — |
| 2025-02-25 | SERRANO ELIJIO V | Tax withheld | 9.2K | $4.10 |
| 2025-02-25 | SERRANO ELIJIO V | Option exercise | 21K | — |
| 2025-02-25 | SERRANO ELIJIO V | Tax withheld | 6.9K | $4.10 |
| 2025-02-25 | Boston Shoemake Alicia r | Option exercise | 6.8K | — |
| 2025-02-25 | Boston Shoemake Alicia r | Tax withheld | 2.4K | $4.10 |
| 2025-02-25 | Boston Shoemake Alicia r | Option exercise | 6.4K | — |
| 2025-02-25 | Boston Shoemake Alicia r | Tax withheld | 3.2K | $4.10 |
| 2025-02-19 | SERRANO ELIJIO V | Option exercise | 40K | — |
| 2025-02-19 | SERRANO ELIJIO V | Tax withheld | 14K | $4.44 |
| 2025-02-19 | SANDERSON MATTHEW | Option exercise | 30K | — |
| 2025-02-19 | SANDERSON MATTHEW | Tax withheld | 12K | $4.44 |
| 2025-02-19 | Murphy Brady M | Option exercise | 121K | — |
| 2025-02-19 | Murphy Brady M | Tax withheld | 52K | $4.44 |
| 2025-02-19 | Mucha Jacek M | Option exercise | 9.1K | — |
| 2025-02-19 | Mucha Jacek M | Tax withheld | 3.9K | $4.44 |
| 2025-02-19 | Moeller Timothy C | Option exercise | 27K | — |
| 2025-02-19 | Moeller Timothy C | Tax withheld | 7.9K | $4.44 |
| 2025-02-19 | McNiven Roy | Option exercise | 27K | — |
| 2025-02-19 | McNiven Roy | Tax withheld | 11K | $4.44 |
| 2025-02-19 | Boston Shoemake Alicia r | Option exercise | 16K | — |
| 2025-02-19 | Boston Shoemake Alicia r | Tax withheld | 6.9K | $4.44 |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (1)
- Eos Energy Enterprises
Suppliers (0)
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-15 | Material agreementExhibits | filing ↗ |
| 2026-06-04 | Reg FDOtherExhibits | filing ↗ |
| 2026-06-02 | Reg FDOtherExhibits | filing ↗ |
| 2026-05-26 | Shareholder voteOther | filing ↗ |
| 2026-04-29 | ResultsExhibits | filing ↗ |
| 2026-04-02 | Exec/director changeExhibits | filing ↗ |
| 2026-02-25 | ResultsExhibits | filing ↗ |
| 2025-10-28 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-15 | 2026-06-12 | 0000844965-26-000046 ↗ |
| 8-K | 2026-06-04 | 2026-06-02 | 0001193125-26-256371 ↗ |
| 8-K | 2026-06-02 | 2026-06-02 | 0001193125-26-253580 ↗ |
| 8-K | 2026-05-26 | 2026-05-22 | 0000844965-26-000042 ↗ |
| 10-Q | 2026-04-29 | 2026-03-31 | 0000844965-26-000040 ↗ |
| 8-K | 2026-04-29 | 2026-04-29 | 0000844965-26-000039 ↗ |
| 8-K/A | 2026-04-02 | 2025-10-24 | 0000844965-26-000017 ↗ |
| 10-K | 2026-02-25 | 2025-12-31 | 0000844965-26-000015 ↗ |
| 8-K | 2026-02-25 | 2026-02-25 | 0000844965-26-000014 ↗ |
| 8-K | 2025-10-28 | 2025-10-28 | 0000844965-25-000073 ↗ |
| 10-Q | 2025-10-28 | 2025-09-30 | 0000844965-25-000074 ↗ |
| 8-K | 2025-10-27 | 2025-10-24 | 0000844965-25-000067 ↗ |