🟢 Select Energy Services is trading 6.6% up in pre-market after agreeing to acquire Pilot Water Solutions

Select Energy Services is trading at $20.81, up 6.55%, after announcing a definitive agreement to acquire Pilot Water Solutions for $700 million.

• The deal comprises $600 million in cash and $100 million in Class A stock, plus up to $15 million in contingent consideration.
• It is expected to close in the fourth quarter of 2026.
• Management scheduled an acquisition conference call for September 25, 2026, at 10:00 a.m. ET.