Pullen Investment Management Reduces Stake in TETRA Technologies
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 29 2026
0mins
Should l Buy TTI?
Source: Fool
- Stake Reduction: Pullen Investment Management sold 384,274 shares of TETRA Technologies in Q4 2026, with an estimated transaction value of $2.96 million, reflecting a cautious strategy amid stock price fluctuations.
- Decline in Position Value: The reduction resulted in a $1.08 million decrease in TETRA's position value within Pullen's portfolio, highlighting the stock's volatility and its impact on investment strategies.
- Strong Market Performance: As of January 16, 2026, TETRA shares were priced at $11.57, marking a 132% increase over the past year, significantly outperforming the S&P 500 by 114 percentage points, indicating a notable improvement in the company's profitability.
- Investment Strategy Shift: Following the stake reduction in TETRA, Pullen continues to allocate funds into lower-risk index funds, demonstrating a focus on risk management amid cyclical fluctuations in the energy sector.
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Analyst Views on TTI
Wall Street analysts forecast TTI stock price to rise
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 8.480
Low
10.00
Averages
11.50
High
13.00
Current: 8.480
Low
10.00
Averages
11.50
High
13.00
About TTI
TETRA Technologies, Inc. is an energy services and solutions company focused on developing environmentally conscious services and solutions. Its portfolio consists of energy services, industrial chemicals, and lithium ventures. The Company’s segments include Completion Fluids & Products Division and Water & Flowback Services Division. The Completion Fluids & Products Division manufactures and markets clear brine fluids (CBFs), additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States and in certain countries in Latin America, Europe, Asia, the Middle East, and Africa. The Water & Flowback Services Division provides a variety of water management services that support hydraulic fracturing in unconventional well completions for domestic onshore oil and gas operators. These services include fresh and produced water analysis, treatment, and recycling, blending and distribution, and others.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

- Investor Meeting Schedule: TETRA Technologies' CEO Brady Murphy and executive team will host one-on-one meetings with institutional investors on March 17, 2026, at the Piper Sandler 26th Annual Energy Conference in Las Vegas, aiming to enhance communication and relationships with investors.
- Company Overview: TETRA Technologies is an energy services company focused on developing environmentally conscious services and solutions, operating across six continents, and encompassing Energy Services, Industrial Chemicals, and Critical Minerals to improve people's quality of life.
- Expansion into Low-Carbon Energy: The company is not only providing products and services to the oil and gas industry but is also expanding into the low-carbon energy market, leveraging its chemistry expertise and global infrastructure to meet the growing demand for sustainable energy in the 21st century.
- Diverse Product Portfolio: TETRA's product offerings include calcium chloride for various applications, showcasing its diversity and adaptability in the industrial chemicals sector, further solidifying its position in the energy services industry.
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- Investor Meeting Schedule: TETRA Technologies will host one-on-one meetings with institutional investors on March 17, 2026, at the Piper Sandler 26th Annual Energy Conference in Las Vegas, aiming to strengthen investor relations and showcase the company's growth potential.
- Executive Participation: CEO Brady Murphy, CFO Elijio Serrano, and VP of Investor Relations Kurt Hallead will personally lead the meetings, indicating the company's commitment to investor communication and transparency.
- Company Overview: TETRA is an energy services company focused on developing environmentally conscious services and solutions, with operations across six continents, encompassing energy services, industrial chemicals, and critical minerals, dedicated to meeting the demand for sustainable energy in the 21st century.
- Market Expansion Strategy: The company is expanding into the low-carbon energy market, leveraging its chemistry expertise and global infrastructure to drive sustainable energy development, highlighting its strategic significance in the energy transition.
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- Significant Revenue Growth: In 2025, TETRA's revenue from the Gulf of America increased by over 50% compared to 2024, primarily driven by participation in deepwater projects, including the completion of three CS Neptune wells, showcasing the company's strong performance in a high-demand market.
- EBITDA Margin Improvement: The Completion Fluids & Products segment saw EBITDA margins rise from 28.9% in 2024 to 33% in 2025, attributed to innovation and vertical integration, indicating the company's ongoing improvements in cost control and product quality.
- Robust Cash Flow: In Q4 2025, cash flow from the base business reached $21.8 million, with total free cash flow for the year at $83 million, reflecting the company's financial health, while year-end cash reserves doubled to $73 million, and net debt decreased to $109 million.
- Optimistic Future Outlook: Revenue from Argentina is expected to double in 2026, driven by new contracts and SandStorm technology, while adjusted EBITDA margins for Completion Fluids & Products are projected between 25% and 30%, despite rising costs from third-party bromine supplies.
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- Significant Revenue Growth: TETRA reported total revenue of $631 million for 2025, a 5% increase from 2024, marking the highest level in a decade, showcasing strong performance in completion fluids and industrial chemicals, thereby enhancing market competitiveness.
- Outstanding Adjusted EBITDA: The adjusted EBITDA for 2025 reached $114 million, reflecting a 14% increase year-over-year, demonstrating the company's success in cost control and technology application, which further solidifies its financial foundation.
- Robust Cash Flow: The fourth quarter saw cash flow from operating activities of $31.7 million, with total free cash flow for the year amounting to $83 million, indicating ongoing improvements in capital management and operational efficiency, which will aid future investments and shareholder returns.
- Strategic Project Progress: The first phase of the Arkansas bromine project was completed on schedule, with expectations to significantly enhance bromine production capacity by 2027, meeting future demands for electrolytes and deepwater markets, supporting the achievement of the company's 2030 goals.
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- Significant Revenue Growth: TETRA's total revenue for 2025 reached $631 million, a 5% year-over-year increase, with fourth-quarter revenue at $146.7 million, reflecting a 9% rise from the same period in 2024, showcasing the company's strong market performance.
- Outstanding Adjusted EBITDA: The adjusted EBITDA for 2025 was $113.6 million, a 14% increase year-over-year, indicating successful strategies in cost control and market demand, particularly in the robust deepwater fluids market.
- Improved Cash Flow Position: Net cash provided by operating activities reached $100 million in 2025, with adjusted free cash flow at $33 million, demonstrating significant enhancements in cash management and operational efficiency, thereby strengthening financial stability.
- Ongoing Strategic Investments: TETRA's bromine project in Arkansas completed its first phase on time and under budget, with production expected to commence by 2027, further solidifying its position in the critical minerals market and supporting future growth potential.
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- Earnings Highlights: Tetra Technologies reported a Q4 non-GAAP EPS of $0.02, aligning with market expectations, indicating stability in the company's profitability.
- Revenue Growth: The company achieved Q4 revenue of $146.68 million, marking a 9.1% year-over-year increase and surpassing market expectations by $5.71 million, reflecting ongoing business growth and heightened market demand.
- Market Reaction: Following the earnings release, Tetra Technologies' stock price may experience a positive impact as investors remain optimistic about the company's future profitability and growth potential.
- Historical Performance Comparison: Analyzing historical financial data, Tetra Technologies' consistent revenue growth and stable profitability provide strong support for its competitive position within the industry.
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