Tetra (TTI) Beats by $0.01, Misses on Revenue

TETRA Technologies, Inc. (TTI) reported fourth quarter non-GAAP EPS of $0.09 before the opening bell Friday, compared to the consensus estimate of $0.08. Revenues increased 40.6% from last year to $315.1 million. Analysts expected revenues of $317.12 million. The stock is down 1.60% pre-market to $4.90.

The oil and gas company said Q4’14 free cash flow generation was $57 million and $86 million for the full-year 2014.

Stuart M. Brightman, TETRA’s President and CEO said in a statement that the cash flow “gives us additional confidence in our ability to remain cash flow positive, even in challenging market conditions, during 2015.”

On valuation measures, Tetra Technologies Inc. shares, which currently have an average 3-month trading volume of 934,313 shares, trade at a forward P/E of 16.60 and a P/E to growth ratio of 2.08. The median Wall Street price target on the name is $9.00 with a high target of $10.00. Currently ticker boasts 6 ‘Buy’ endorsements, compared to 3 ’Holds’ and no ‘Sell’.

Profitability-wise, TTI has a t-12 profit and operating margin of (3.07%) and (0.81%), respectively. The $396.40 million market cap company reported $48 million in cash vs. $215 million in debt in its most recent quarter.

TTI currently prints a one year loss of about 58% and a year-to-date loss of around 25.50%.

The chart below shows where the equity has traded over the last 52 weeks.

Tetra Technologies Inc. operates as a diversified oil and gas services company. The company was founded in 1981 and is headquartered in The Woodlands, Texas.

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