Select Energy Services Net Income 2011-2026 | WTTR

Net profit is a financial indicator that reflects the remaining amount of money after deducting all expenses and taxes from the company’s total income over a certain period of time. It is one of the key indicators of a company’s financial stability and success.

Net profit is the portion of total profit remaining after taxes and depreciation have been deducted.^[1]

It is the result of a company’s operations and reflects its efficiency in managing resources, controlling expenses, and generating income. It includes all operating revenues and expenses, such as sales of goods or services, production costs, administrative expenses, taxes, and other financial metrics.

The calculation of net profit includes the deduction of all necessary expenses such as employee salaries, rent, utilities, taxes, and other mandatory payments. After all these expenses are deducted from the total income, the remaining amount is considered the company’s net profit.

Net profit is an important indicator of a company’s financial health, as it reflects its ability to generate earnings and manage its finances. High net profit indicates business success, competitiveness, and efficiency in resource utilization. It also allows a company to invest in its development, pay dividends to shareholders, or create reserve funds for unforeseen situations.

It serves as a basis for calculating other financial indicators, such as return on sales, return on assets, or return on equity. It is also used to assess the performance of management and make decisions regarding the future development of the company.

However, it should be noted that net profit can be affected by various factors, such as economic conditions, changes in legislation, market competition, and other external influences. Therefore, companies must be prepared for possible changes and take measures to ensure the stability of their financial results.

Annual Net Income Select Energy Services

2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
48.3 M	-42.2 M	-339 M	2.78 M	36.5 M	-16.8 M	-1.04 M	-	-	-	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
48.3 M	-339 M	-44.5 M

Quarterly Net Income Select Energy Services

2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
20.1 M	12.3 M	-	21.3 M	12.5 M	6.8 M	-	-12 M	-16.6 M	-23.1 M	-18 M	-30.5 M	-44.3 M	-246 M	-9.93 M	5.38 M	6.2 M	1.14 M	-13.5 M	23 M	17 M	10.1 M	-9.65 M	1.22 M	-4.22 M	-4.17 M	-1.04 M	-285 M	-250 M	-25.3 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
23 M	-285 M	-30.6 M

References

Bhamornsiri, S., & Wiggins, C. (2001). Comprehensive income disclosures. The CPA Journal, 71(10), 54.

Net Income of other stocks in the Oil gas equipment industry

Issuer	Net Income	Price	% 24h	Market Cap	Country
Adams Resources & Energy AE	212 K	-	-	$ 96.3 M	USA
Eni S.p.A. E	5.84 B	$ 53.76	-0.67 %	$ 109 B	Italia
Chevron Corporation CVX	12.3 B	$ 184.18	-0.51 %	$ 341 B	USA
ChampionX Corporation CHX	320 M	-	-	$ 4.92 B	USA
Frank's International N.V. FI	-156 M	-	7.14 %	$ 120 M	USA
Ecopetrol S.A. EC	17.6 T	$ 13.78	-0.14 %	$ 28.3 B	Colombia
Cenovus Energy CVE	587 M	$ 26.7	1.54 %	$ 38.9 B	Canada
Seacor Holdings Inc. CKH	23.3 M	-	0.22 %	$ 851 M	USA
Halliburton Company HAL	1.28 B	$ 40.36	0.05 %	$ 34.4 B	USA
Dril-Quip DRQ	83.3 M	-	-3.51 %	$ 527 M	USA
Dawson Geophysical Company DWSN	-1.94 M	$ 3.72	14.81 %	$ 115 M	USA
Core Laboratories N.V. CLB	19.7 M	$ 17.38	-0.4 %	$ 800 M	Niderland
Sasol Limited SSL	41.7 B	$ 12.64	-1.67 %	$ 7.9 B	South-africa
Exterran Corporation EXTN	-113 M	-	-	$ 153 M	USA
Geospace Technologies Corporation GEOS	-9.72 M	$ 10.38	2.29 %	$ 133 M	USA
Cypress Environmental Partners, L.P. CELP	-1.42 M	-	-	$ 6.04 M	USA
FTS International, Inc. FTSI	-13 M	-	-0.61 %	$ 366 M	USA
ION Geophysical Corporation IO	-37.2 M	-	-6.68 %	$ 10.4 M	USA
PetroChina Company Limited PTR	115 B	-	-0.51 %	$ 140 B	China
RigNet, Inc. RNET	-45.8 M	-	-2.24 %	$ 202 M	USA
Gulf Island Fabrication GIFI	-22.2 M	-	-	$ 186 M	USA
Flotek Industries FTK	30.5 M	$ 17.26	1.11 %	$ 585 M	USA
China Petroleum & Chemical Corporation SNP	85.9 B	-	-	$ 550 B	China
Helix Energy Solutions Group HLX	30.8 M	$ 9.9	0.2 %	$ 1.47 B	USA
NOW DNOW	81 M	$ 12.87	1.22 %	$ 1.37 B	USA
Recon Technology, Ltd. RCON	-42.6 M	$ 0.98	-1.95 %	$ 8.91 M	China
MRC Global MRC	114 M	-	-	-	USA
Liberty Oilfield Services LBRT	148 M	$ 32.59	-0.4 %	$ 5.28 B	USA
Schlumberger Limited SLB	3.37 B	$ 55.5	-1.17 %	$ 78.9 B	France
National Energy Services Reunited Corp. NESR	51.1 M	$ 24.64	0.82 %	$ 2.43 B	USA
NexTier Oilfield Solutions NEX	315 M	-	-	$ 2.58 B	USA
Smart Sand SND	4.65 M	$ 5.35	2.0 %	$ 208 M	USA
Nine Energy Service NINE	-51.3 M	-	-	$ 17.9 M	USA
Suncor Energy SU	4.12 B	$ 64.11	0.15 %	$ 49.3 B	Canada
NCS Multistage Holdings NCSM	23.7 M	$ 78.53	-0.3 %	$ 203 M	USA
Mammoth Energy Services TUSK	4.6 M	$ 2.58	0.19 %	$ 125 M	USA
NOV NOV	145 M	$ 20.58	-0.41 %	$ 7.66 B	USA
Profire Energy PFIE	10.8 M	-	-	$ 120 M	USA
National Fuel Gas Company NFG	519 M	$ 89.46	1.45 %	$ 8.1 B	USA
Oceaneering International OII	354 M	$ 37.61	0.62 %	$ 3.77 B	USA
Exxon Mobil Corporation XOM	28.8 B	$ 148.2	-0.4 %	$ 638 B	USA
Oil States International OIS	-109 M	$ 11.19	1.08 %	$ 657 M	USA
YPF Sociedad Anónima YPF	-808 M	$ 42.87	-0.31 %	$ 5.75 B	Argentina
RPC RES	91.4 M	$ 7.98	-0.25 %	$ 1.69 B	USA
Petróleo Brasileiro S.A. - Petrobras PBR	20 B	$ 21.1	1.08 %	$ 130 B	Brasil
DMC Global BOOM	-13.5 M	$ 6.38	-0.47 %	$ 127 M	USA
BP PLC BP	8.49 B	$ 46.13	-0.23 %	$ 121 B	Britain
Natural Gas Services Group NGS	19.9 M	$ 39.51	-0.29 %	$ 495 M	USA
Ranger Energy Services RNGR	12.3 M	$ 18.49	0.93 %	$ 413 M	USA