Business
TETRA TECHNOLOGIES, INC. OUTLINES ONE TETRA 2030 GROWTH STRATEGY FOR ENHANCED SHAREHOLDER VALUE AT NYSE INVESTOR DAY
TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) this morning outlined a path towards reshaping the Company by capitalizing on several key emerging growth initiatives that are positioned to evolve the Company's business profile and create long-term shareholder value.
About this update from Tetra Technologies, Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"Outlines road map to double revenues and more than triple adjusted EBITDA and increase free cash flow by the end of the decade through expansion into the water desalination and energy storage sectors.","length":200,"tagName":"p"}]},{"val":[{"type":"text","content":"Management expects improved financial performance to support over $100 million of targeted annualized adjusted free cash flow by 2028 and beyond to transition to a return of capital allocation strategy.","length":202,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":402,"olType":false},{"type":"text","content":"THE WOODLANDS, Texas, Sept. 25, 2025 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) this morning outlined a path towards reshaping the Company by capitalizing on several key emerging growth initiatives that are positioned to evolve the Company's business profile and create long-term shareholder value.","length":359,"tagName":"p"},{"type":"text","content":"Brady Murphy, President & Chief Executive Officer comments, "Our ONE TETRA 2030 strategy to focus on our core expertise around fluid chemistry will enable a new era of growth for TETRA. Our strategy leverages decades of fluids chemistry expertise to expand into new high-growth end markets that include battery electrolytes for long-duration energy storage and produced water desalination for beneficial reuse. We are targeting to more than double revenue and triple adjusted EBITDA by 2030 and targeting to generate over $100 million in annual adjusted free cash flow by 2028 and beyond, positioning TETRA to deliver meaningful returns to shareholders. By 2030, we expect that approximately two-thirds of our business will come from our Specialty Chemicals & Minerals and Water Treatment & Desalination segments. It is our intention to create new business segments to provide better visibility of our financial performance and allow those new revenue and earnings streams to be benchmarked against relevant industry peers."","length":1046,"tagName":"p"},{"type":"text","content":"Investor Day Highlights","length":23,"tagName":"p"},{"type":"text","content":"By 2030, TETRA is targeting","length":27,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue to be between $1.2 billion an...