Analyst Provides Guidance for This Canadian Energy Company

RBC Capital analyst Kurt Hallead maintained a Buy rating on Select Energy Services (WTTR) on December 18 and set a price target of $7.00. The company’s shares closed last Monday at $4.11.

According to, Hallead has 0 stars on 0-5 stars ranking scale with an average return of -9.5% and a 32.6% success rate. Hallead covers the Industrial Goods sector, focusing on stocks such as Independence Contract Drilling, Oceaneering International, and Oil States International.

Currently, the analyst consensus on Select Energy Services is a Hold with an average price target of $5.18.

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The company has a one-year high of $9.68 and a one-year low of $2.22. Currently, Select Energy Services has an average volume of 433.2K.

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Select Energy Services Inc. engages in the provision of water management and chemical solutions. It operates through the following business segments: Water Solutions, Oilfield Chemicals, and Wellsite Services. The Water Solutions segment provides water-related services to customers that includes integrated oil companies and independent oil and natural gas producers. The Oilfield Chemicals segment develops, manufactures and provides a full suite of chemicals utilized in hydraulic fracturing, stimulation, cementing and well completions, including polymer slurries, crosslinkers, friction reducers, buffers, breakers, and other chemical technologies, to pressure pumping service companies. The Wellsite Services segment offers oil and natural gas operators with a variety of services, including providing workforce accommodations and surface rental equipment, crane and logistics services, wellsite, and pipeline construction and field services. The company was founded on November 21, 2016 and is headquartered in Houston, TX.

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