TETRA TECHNOLOGIES INC

TETRA Technologies, Inc. (NYSE: TTI) is an energy services and solutions company operating on six continents with approximately 1,400 employees worldwide. The company's website is www.onetetra.com. TETRA provides environmentally conscious services and solutions to the oil and gas industry while expanding into the low-carbon energy market, leveraging its core chemistry expertise, mineral acreage, and global infrastructure.

The company operates through two primary reporting segments. The Completion Fluids & Products Segment manufactures and markets clear brine fluids, additives, and associated products and services for well drilling, completion, and workover operations across the United States and select international markets including Latin America, Europe, Asia, the Middle East, and Africa. This segment also produces liquid and dry calcium chloride for diverse applications beyond energy, including water treatment, industrial, food processing, road maintenance, and ice melt markets. The segment operates calcium chloride manufacturing facilities in the United States and Finland with combined production capacity of approximately one million equivalent liquid tons annually. Additionally, the segment manufactures specialty products including zinc bromide battery electrolyte for long-duration energy storage systems, marketed under the TETRA PureFlow brand.

The Water & Flowback Services Segment provides comprehensive water management services supporting hydraulic fracturing in unconventional well completions for onshore oil and gas operators. Services include fresh and produced water analysis, treatment, recycling, blending and distribution, storage and transfer, and environmental risk mitigation. The segment maintains one of the largest fleets of high-pressure production testing equipment in the United States and operates locations in Louisiana, New Mexico, Oklahoma, Pennsylvania, Texas, and select international markets. In December 2024, the company launched TETRA Oasis Total Desalination Solution, a patented water treatment and desalination technology for beneficial reuse and mineral extraction from produced water.

TETRA pursues low-carbon energy initiatives leveraging approximately 40,000 gross acres of brine leases in Arkansas containing bromine, lithium, magnesium, manganese, and other critical minerals. The company has established strategic arrangements including a preferred supply agreement with Eos Energy Enterprises for zinc bromide products through 2027. TETRA maintains long-term bromine supply agreements with LANXESS and has agreements with Standard Lithium regarding lithium extraction rights on portions of its Arkansas leases.