Select Energy Ownership

WTTR Stock  USD 14.46  0.23  1.57%   
Select Energy Services shows a total of 103.09 Million outstanding shares. The majority of Select Energy Services outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Select Energy to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Select Energy Services. Please pay attention to any change in the institutional holdings of Select Energy Services as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
 
Shares in Circulation  
First Issued
2015-12-31
Previous Quarter
102.2 M
Current Value
119 M
Avarage Shares Outstanding
80.8 M
Quarterly Volatility
24.7 M
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Select Energy in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Select Energy, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
At this time, Select Energy's Dividend Yield is relatively stable compared to the past year. As of 11/25/2024, Dividend Payout Ratio is likely to grow to 0.35, while Dividends Paid is likely to drop slightly above 19.5 M. As of 11/25/2024, Net Income Applicable To Common Shares is likely to grow to about 91.2 M, while Common Stock Shares Outstanding is likely to drop slightly above 85 M.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Select Energy Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Select Stock Ownership Analysis

About 91.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 1.9. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Select Energy Services last dividend was issued on the 5th of November 2024. Select Energy Services, Inc., an oilfield services company, provides water management and chemical solutions to the onshore oil and gas industry in the United States. Select Energy Services, Inc. was incorporated in 2016 and is headquartered in Houston, Texas. Select Energy operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 3000 people. For more information please call John Schmitz at 713 235 9500 or visit https://www.selectwater.com.
Besides selling stocks to institutional investors, Select Energy also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Select Energy's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Select Energy's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Select Energy Quarterly Liabilities And Stockholders Equity

1.35 Billion

Select Energy Insider Trades History

About 8.0% of Select Energy Services are currently held by insiders. Unlike Select Energy's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Select Energy's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Select Energy's insider trades
 
Covid

Select Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Select Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Select Energy Services backward and forwards among themselves. Select Energy's institutional investor refers to the entity that pools money to purchase Select Energy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Webs Creek Capital Management Lp2024-09-30
2.2 M
Van Eck Associates Corporation2024-06-30
2.2 M
Geode Capital Management, Llc2024-09-30
2.1 M
Boston Partners Global Investors, Inc2024-09-30
1.9 M
Royce & Associates, Lp2024-09-30
1.7 M
Evr Research Lp2024-06-30
1.5 M
Systematic Financial Management Lp2024-09-30
1.1 M
Amvescap Plc.2024-06-30
M
Charles Schwab Investment Management Inc2024-09-30
M
Blackrock Inc2024-06-30
8.6 M
Dimensional Fund Advisors, Inc.2024-09-30
6.6 M
Note, although Select Energy's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Select Energy Services Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Select Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on Select Energy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Select Energy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
John Schmitz over a week ago
Disposition of 225000 shares by John Schmitz of Select Energy at 13.7 subject to Rule 16b-3
 
John Schmitz over two weeks ago
Disposition of 75000 shares by John Schmitz of Select Energy at 13.93 subject to Rule 16b-3
 
Michael Lyons over three months ago
Disposition of 1845 shares by Michael Lyons of Select Energy at 10.95 subject to Rule 16b-3
 
Chris George over three months ago
Acquisition by Chris George of 2781 shares of Select Energy subject to Rule 16b-3
 
Chris George over six months ago
Disposition of 23000 shares by Chris George of Select Energy at 8.6318 subject to Rule 16b-3
 
Michael Skarke over six months ago
Disposition of 13421 shares by Michael Skarke of Select Energy at 9.78 subject to Rule 16b-3
 
Gayle Burleson over six months ago
Acquisition by Gayle Burleson of 16447 shares of Select Energy subject to Rule 16b-3
 
Christina Ibrahim over six months ago
Disposition of 3364 shares by Christina Ibrahim of Select Energy at 9.16 subject to Rule 16b-3
 
Christina Ibrahim over six months ago
Acquisition by Christina Ibrahim of 17626 shares of Select Energy subject to Rule 16b-3
 
Brian Szymanski over six months ago
Disposition of 8080 shares by Brian Szymanski of Select Energy at 8.3301 subject to Rule 16b-3
 
Chris George over six months ago
Disposition of 23000 shares by Chris George of Select Energy at 8.6318 subject to Rule 16b-3
 
John Schmitz over six months ago
Disposition of 1500000 shares by John Schmitz of Select Energy at 8.7 subject to Rule 16b-3

Select Energy Outstanding Bonds

Select Energy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Select Energy Services uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Select bonds can be classified according to their maturity, which is the date when Select Energy Services has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Select Energy Corporate Filings

F4
12th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
8th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
10Q
6th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
5th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Pair Trading with Select Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Select Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Select Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Select Stock

  0.82TS Tenaris SA ADRPairCorr
  0.61VTOL Bristow GroupPairCorr

Moving against Select Stock

  0.52TDW TidewaterPairCorr
  0.45XPRO Expro Group HoldingsPairCorr
  0.31ENSV EnservcoPairCorr
The ability to find closely correlated positions to Select Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Select Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Select Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Select Energy Services to buy it.
The correlation of Select Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Select Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Select Energy Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Select Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Select Stock Analysis

When running Select Energy's price analysis, check to measure Select Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Select Energy is operating at the current time. Most of Select Energy's value examination focuses on studying past and present price action to predict the probability of Select Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Select Energy's price. Additionally, you may evaluate how the addition of Select Energy to your portfolios can decrease your overall portfolio volatility.