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Select Water Solutions completes $700M acquisition of Pilot Water Solutions, boosting Delaware Basin water services.

Company Fundamentals
02 Nov 2026, 23:15 WIB
PRNewsWire
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Bullish
Select Water Solutions completes $700M acquisition of Pilot Water Solutions, boosting Delaware Basin water services.

Select Water Solutions has finalized its $700 million acquisition of Pilot Water Solutions, a key water midstream company in the Delaware Basin. This deal enhances Select's capacity to manage produced water volumes with expanded operational and undeveloped capacity, supporting future growth. The acquisition was funded with $600 million cash and shares, and includes potential additional payments based on performance milestones. Select also secured a new $500 million revolving credit facility to support this expansion, aiming to improve efficiency and cost savings for customers in the energy sector.

Select Water Solutions acquisition news is context for energy sector investors. For readers following energy stocks, here is Pluang's market snapshot as of Nov 03, 2026 04:11 WIB: Out of 79 priced US energy stocks, 14 rose and 65 fell. Notable movers include HP at USD 38.84 with a -9.65% change and 100% buy order activity, TDW at USD 79.14 down 9.39%, and ENPH at USD 28.00 up 9.16% with 85% buy orders.

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