TETRA (TTI) 10-Q 29 Oct 24 2024 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2024	Oct. 28, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	1-13455
Entity Registrant Name	TETRA Technologies, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	74-2148293
Entity Address, Address Line One	24955 Interstate 45 North
Entity Address, City or Town	The Woodlands,
Entity Address, Postal Zip Code	77380
Entity Address, State or Province	TX
City Area Code	281
Local Phone Number	367-1983
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity Common Stock Shares Outstanding		131,810,197
Entity Central Index Key	0000844965
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Amendment Flag	false
Common Stock
Document Information [Line Items]
Title of 12(b) Security	Common Stock
Trading Symbol	TTI
Security Exchange Name	NYSE
Series A Preferred Stock
Document Information [Line Items]
Title of 12(b) Security	Preferred Share Purchase Right
Security Exchange Name	NYSE
No Trading Symbol Flag	true

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenues:
Revenues from product sales and services	$ 141,700	$ 151,464	$ 464,607	$ 473,136
Cost of revenues:
Depreciation, amortization, and accretion	8,837	8,578	26,367	25,705
Impairments and other charges	109	0	109	777
Insurance recoveries	0	0	0	(2,850)
Total cost of revenues	107,337	113,540	355,889	349,734
Gross profit	34,363	37,924	108,718	123,402
Exploration and pre-development costs	0	3,775	0	6,836
General and administrative expense	22,406	23,838	66,841	73,254
Interest expense, net	5,096	5,636	17,233	16,672
Loss on debt extinguishment	0	0	5,535	0
Other income, net	(715)	(2,041)	(2,241)	(8,690)
Income before taxes and discontinued operations	7,576	6,716	21,350	35,330
Provision for income taxes	4,744	1,248	9,963	5,612
Income before discontinued operations	2,832	5,468	11,387	29,718
Discontinued operations:
Loss from discontinued operations, net of taxes	(5,830)	(48)	(5,830)	(68)
Net income (loss)	(2,998)	5,420	5,557	29,650
Loss attributable to noncontrolling interests	0	0	3	25
Net income (loss) attributable to TETRA stockholders	$ (2,998)	$ 5,420	$ 5,560	$ 29,675
Basic net income (loss) per common share:
Income from continuing operations (in dollars per share)	$ 0.02	$ 0.04	$ 0.09	$ 0.23
Loss from discontinued operations (in dollars per share)	(0.04)	0	(0.04)	0
Net income (loss) attributable to TETRA stockholders (in dollars per share)	$ (0.02)	$ 0.04	$ 0.05	$ 0.23
Weighted average basic shares outstanding (in shares)	131,579	129,777	131,100	129,395
Diluted net income (loss) per common share:
Income from continuing operations (in dollars per share)	$ 0.02	$ 0.04	$ 0.09	$ 0.23
Loss from discontinued operations (in dollars per share)	(0.04)	0	(0.04)	0
Net income (loss) attributable to TETRA stockholders (in dollars per share)	$ (0.02)	$ 0.04	$ 0.05	$ 0.23
Weighted average diluted shares outstanding (in shares)	132,029	132,089	132,093	130,835
Product sales
Revenues:
Revenues from product sales and services	$ 71,775	$ 68,967	$ 241,734	$ 230,719
Cost of revenues:
Cost of product sales and services	38,506	41,410	144,990	139,678
Services
Revenues:
Revenues from product sales and services	69,925	82,497	222,873	242,417
Cost of revenues:
Cost of product sales and services	$ 59,885	$ 63,552	$ 184,423	$ 186,424

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (2,998)	$ 5,420	$ 5,557	$ 29,650
Foreign currency translation adjustment from continuing operations, net of taxes of $0 in 2024 and 2023	3,358	(2,750)	(235)	(284)
Unrealized gain on investment in CarbonFree	556	146	788	474
Comprehensive income	916	2,816	6,110	29,840
Less: Comprehensive loss attributable to noncontrolling interests	0	0	3	25
Comprehensive income attributable to TETRA stockholders	$ 916	$ 2,816	$ 6,113	$ 29,865

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Taxes related to foreign currency translation adjustment from continuing operations	$ 0	$ 0	$ 0	$ 0

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 48,355	$ 52,485
Restricted cash	658	0
Trade accounts receivable, net of allowances of $422 in 2024 and $614 in 2023	110,050	111,798
Inventories	97,704	96,536
Prepaid expenses and other current assets	21,763	21,196
Total current assets	278,530	282,015
Property, plant, and equipment:
Land and building	23,692	23,173
Machinery and equipment	317,107	304,884
Automobiles and trucks	10,265	10,148
Chemical plants	69,740	67,114
Construction in progress	28,477	10,323
Total property, plant, and equipment	449,281	415,642
Less accumulated depreciation	(320,024)	(307,926)
Net property, plant, and equipment	129,257	107,716
Other assets:
Patents, trademarks and other intangible assets, net of accumulated amortization of $55,302 in 2024 and $51,509 in 2023	26,027	29,132
Operating lease right-of-use assets	30,181	31,915
Investments	22,754	17,354
Other assets	14,408	10,829
Total other assets	93,370	89,230
Total assets	501,157	478,961
Current liabilities:
Trade accounts payable	48,434	52,290
Compensation and employee benefits	21,613	26,918
Operating lease liabilities, current portion	8,741	9,101
Accrued taxes	14,149	10,350
Accrued liabilities and other	20,645	27,303
Current liabilities associated with discontinued operations	5,830	0
Total current liabilities	119,412	125,962
Long-term debt, net	179,709	157,505
Operating lease liabilities	25,862	27,538
Asset retirement obligations	14,600	14,199
Deferred income taxes	3,461	2,279
Other liabilities	2,701	4,144
Total long-term liabilities	226,333	205,665
Commitments and contingencies (Note 6)
Equity:
Common stock, par value 0.01 per share; 250,000,000 shares authorized at September 30, 2024 and December 31, 2023; 134,924,707 shares issued at September 30, 2024 and 133,217,848 shares issued at December 31, 2023	1,349	1,332
Additional paid-in capital	491,107	489,156
Treasury stock, at cost; 3,138,675 shares held at September 30, 2024 and December 31, 2023	(19,957)	(19,957)
Accumulated other comprehensive loss	(44,678)	(45,231)
Retained deficit	(271,149)	(276,709)
Total TETRA stockholders’ equity	156,672	148,591
Noncontrolling interests	(1,260)	(1,257)
Total equity	155,412	147,334
Total liabilities and equity	$ 501,157	$ 478,961

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Trade accounts receivable, allowances for doubtful accounts	$ 422	$ 614
Patents, trademarks, and other intangible assets, accumulated amortization	$ 55,302	$ 51,509
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	250,000,000	250,000,000
Common stock, shares issued (in shares)	134,924,707	133,217,848
Treasury stock, shares held (in shares)	3,138,675	3,138,675

Consolidated Statement of Equit

Consolidated Statement of Equity Statement - USD ($) $ in Thousands		Total	Common Stock Par Value	Additional Paid-In Capital	Treasury Stock	Currency Translation	Unrealized Gain (Loss) on Investment	Retained Deficit	Noncontrolling Interest
Balance at beginning of period at Dec. 31, 2022		$ 106,397	$ 1,318	$ 477,820	$ (19,957)	$ (48,991)	$ (72)	$ (302,493)	$ (1,228)
Net income (loss)		6,033						6,040	(7)
Translation adjustment, net of taxes		1,421				1,421
Other comprehensive income		121					121
Comprehensive income (loss)		7,575
Equity-based compensation	[1]	3,514		3,514
Other		(1,333)	7	(1,341)					1
Balance at end of period at Mar. 31, 2023		116,153	1,325	479,993	(19,957)	(47,570)	49	(296,453)	(1,234)
Balance at beginning of period at Dec. 31, 2022		106,397	1,318	477,820	(19,957)	(48,991)	(72)	(302,493)	(1,228)
Net income (loss), retained deficit		29,675
Net income (loss)		29,650
Other comprehensive income		474
Comprehensive income (loss)		29,840
Balance at end of period at Sep. 30, 2023		141,137	1,332	482,709	(19,957)	(49,275)	402	(272,818)	(1,256)
Balance at beginning of period at Mar. 31, 2023		116,153	1,325	479,993	(19,957)	(47,570)	49	(296,453)	(1,234)
Net income (loss)		18,197						18,215	(18)
Translation adjustment, net of taxes		1,045				1,045
Other comprehensive income		207					207
Comprehensive income (loss)		19,449
Equity-based compensation		1,507		1,507
Other		(52)	2	(52)					(2)
Balance at end of period at Jun. 30, 2023		137,057	1,327	481,448	(19,957)	(46,525)	256	(278,238)	(1,254)
Net income (loss), retained deficit		5,420
Net income (loss)		5,420						5,420
Translation adjustment, net of taxes		(2,750)				(2,750)
Other comprehensive income		146					146
Comprehensive income (loss)		2,816
Equity-based compensation		1,396		1,396
Other		(132)	5	(135)					(2)
Balance at end of period at Sep. 30, 2023		141,137	1,332	482,709	(19,957)	(49,275)	402	(272,818)	(1,256)
Balance at beginning of period at Dec. 31, 2023		147,334	1,332	489,156	(19,957)	(45,886)	655	(276,709)	(1,257)
Net income (loss)		915						915
Translation adjustment, net of taxes		(1,634)				(1,634)
Other comprehensive income		237					237
Comprehensive income (loss)		(482)
Equity-based compensation		1,623		1,623
Other		(2,328)	11	(2,339)
Balance at end of period at Mar. 31, 2024		146,147	1,343	488,440	(19,957)	(47,520)	892	(275,794)	(1,257)
Balance at beginning of period at Dec. 31, 2023		147,334	1,332	489,156	(19,957)	(45,886)	655	(276,709)	(1,257)
Net income (loss), retained deficit		5,560
Net income (loss)		5,557
Other comprehensive income		788
Comprehensive income (loss)		6,110
Balance at end of period at Sep. 30, 2024		155,412	1,349	491,107	(19,957)	(46,121)	1,443	(271,149)	(1,260)
Balance at beginning of period at Mar. 31, 2024		146,147	1,343	488,440	(19,957)	(47,520)	892	(275,794)	(1,257)
Net income (loss)		7,640						7,643	(3)
Translation adjustment, net of taxes		(1,959)				(1,959)
Other comprehensive income		(5)					(5)
Comprehensive income (loss)		5,676
Equity-based compensation		1,800		1,800
Other		(45)	3	(48)
Balance at end of period at Jun. 30, 2024		153,578	1,346	490,192	(19,957)	(49,479)	887	(268,151)	(1,260)
Net income (loss), retained deficit		(2,998)
Net income (loss)		(2,998)						(2,998)
Translation adjustment, net of taxes		3,358				3,358
Other comprehensive income		556					556
Comprehensive income (loss)		916
Equity-based compensation		1,481		1,481
Other		(563)	3	(566)
Balance at end of period at Sep. 30, 2024		$ 155,412	$ 1,349	$ 491,107	$ (19,957)	$ (46,121)	$ 1,443	$ (271,149)	$ (1,260)
[1]Equity-based compensation for the three months ended March 31, 2023 includes $2.3 million for a portion of short-term incentive compensation that was settled through grants of restricted stock units rather than cash.

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Operating activities:
Net income (loss)	$ 5,557	$ 29,650
Reconciliation of net income to net cash provided by operating activities:
Depreciation, amortization, and accretion	26,367	25,705
Impairments and other charges	109	777
(Gain) loss on investments	(3,591)	157
Equity-based compensation expense	4,904	4,199
(Recovery of) provision for credit losses	(37)	190
Amortization and expense of financing costs	1,123	2,707
Loss on debt extinguishment	5,535	0
Insurance recoveries associated with damaged equipment	0	(2,850)
Gain on sale of assets	(142)	(432)
Other non-cash charges (credits)	307	(1,721)
Changes in operating assets and liabilities:
Accounts receivable	3,009	7,600
Inventories	(1,958)	(19,990)
Prepaid expenses and other current assets	(1,230)	1,313
Trade accounts payable and accrued expenses	(5,884)	2,893
Other	(3,184)	1,133
Net cash provided by (used in) operating activities	30,885	51,331
Investing activities:
Purchases of property, plant, and equipment, net	(45,792)	(30,240)
Proceeds from sale of property, plant, and equipment	2,656	658
Proceeds from insurance recoveries associated with damaged equipment	0	2,850
Purchase of investments	(1,021)	(350)
Other investing activities	(287)	(1,836)
Net cash used in investing activities	(44,444)	(28,918)
Financing activities:
Proceeds from credit agreements and long-term debt	184,722	97,384
Principal payments on credit agreements and long-term debt	(163,481)	(98,441)
Payments on financing lease obligations	(1,054)	(837)
Debt issuance costs	(5,956)	0
Shares withheld for taxes on equity-based compensation	(2,953)	0
Other financing activities	(1,280)	0
Net cash provided by (used in) financing activities	9,998	(1,894)
Effect of exchange rate changes on cash	89	(285)
Increase (decrease) in cash and cash equivalents	(3,472)	20,234
Cash and cash equivalents at beginning of period	52,485	13,592
Cash and cash equivalents at beginning of period	49,013	33,826
Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets
Cash and cash equivalents at end of period	48,355	33,826
Restricted cash at end of period	658	0
Total cash, cash equivalents, and restricted cash at end of period shown in the consolidated statements of cash flows	$ 49,013	$ 33,826

Consolidated Statement of Equ_2

Consolidated Statement of Equity (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023
Statement of Stockholders' Equity [Abstract]
Tax related to translation adjustment	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0
Equity-based compensation						$ 2,300

Organization, Basis of Presenta

Organization, Basis of Presentation, and Significant Accounting Policies	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Organization, Basis of Presentation, and Significant Accounting Policies	ORGANIZATION, BASIS OF PRESENTATION, AND SIGNIFICANT ACCOUNTING POLICIES Organization We are an energy services and solutions company with operations on six continents focused on developing environmentally conscious services and solutions that help make people's lives better. In addition to providing products and services to the oil and gas industry and calcium chloride for diverse applications, TETRA is expanding into the low-carbon energy market with chemistry expertise, key mineral acreage, and global infrastructure, helping to meet the demand for sustainable energy in the twenty-first century. We were incorporated in Delaware in 1981. Our products and services are delivered through two reporting segments – Completion Fluids & Products Division and Water & Flowback Services Division. Our Completion Fluids & Products Division manufactures and markets clear brine fluids (“CBFs”), additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States and in certain countries in Latin America, Europe, Asia, the Middle East, and Africa. The Division also markets liquid and dry calcium chloride products manufactured at its production facilities or purchased from third-party suppliers to a variety of markets outside the energy industry. Calcium chloride is used in the oil and gas industry, and also has broad industrial applications to the agricultural, road, food and beverage, and lithium production markets. Our Completion Fluids & Products Division also markets TETRA PureFlow, an ultra-pure zinc bromide, as well as TETRA PureFlow Plus, an ultra-pure zinc bromide/zinc chloride blend, to battery technology companies. Our Water & Flowback Services Division provides onshore oil and gas operators with comprehensive water management services. The Division also provides frac flowback, production well testing, and other associated services in many of the major oil and gas producing regions in the United States, as well as in oil and gas basins in certain countries in Latin America, Europe, and the Middle East. We are also developing and pilot testing technologies to treat and desalinate produced water from oil wells for beneficial reuse, including surface discharge. Unless the context requires otherwise, when we refer to “we,” “us,” and “our,” we are describing TETRA Technologies, Inc. and its subsidiaries on a consolidated basis. Presentation Our unaudited consolidated financial statements include the accounts of our wholly owned or controlled subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. The information furnished reflects all normal recurring adjustments, which are, in the opinion of management, necessary to provide a fair statement of the results for the interim periods. Operating results for the period ended September 30, 2024 are not necessarily indicative of results that may be expected for the twelve months ended December 31, 2024. The accompanying unaudited consolidated financial statements have been prepared in accordance with Rule 10-01 of Regulation S-X for interim financial statements required to be filed with the U.S. Securities and Exchange Commission (“SEC”) and do not include all information and footnotes required by U.S. generally accepted accounting principles (“U.S. GAAP”) for complete financial statements. These financial statements should be read in conjunction with the financial statements for the year ended December 31, 2023 and notes thereto included in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 27, 2024 (the “ 2023 Annual Report ”). Discontinued Operations In early 2018, we closed a series of related transactions that resulted in the disposition of our former Offshore segment. Our former Offshore segment is reported as discontinued operations for all periods presented. We may be required to satisfy certain decommissioning liabilities under third-party indemnity agreements and corporate guarantees for which costs may be significant. During the three months ended September 30, 2024, we accrued $5.8 million of decommissioning expense and liability associated with our former Offshore segment for which costs might be above the value of surety bonds on properties previously disposed. See Note 6 - “Commitments and Contingencies” for additional discussion of contingencies related to discontinued operations. Significant Accounting Policies Our significant accounting policies are described in the notes to our consolidated financial statements for the year ended December 31, 2023 included in our 2023 Annual Report . Other than reporting restricted cash as described below, there have been no significant changes in our accounting policies or the application thereof during the third quarter of 2024. Out-of-Period Correction During the three months ended June 30, 2024, we discovered that we had not previously remeasured a prepaid tax balance denominated in a foreign currency at current rates, resulting in an overstatement of prepaid expenses and understatement of foreign exchange losses from 2018 through the current period. We corrected this by making an out-of-period adjustment during the three months ended June 30, 2024, which reduced other income, net by $1.4 million and reduced net income per share attributable to TETRA stockholders by $0.01 in the consolidated statement of operations for the nine months ended September 30, 2024. The Company assessed the impact of this out-of-period adjustment and concluded that it was not material to the financial statements previously issued for any interim or annual period, and the cumulative adjustment during the quarter ended June 30, 2024 is not expected to be material to the annual financial statements for 2024. The out-of-period adjustment is included in the Water & Flowback Services Division results. Restricted Cash Restricted cash is classified as a current asset when it is expected to be repaid or settled in the next twelve-month period. In connection with the May 2024 amendment to our ABL Credit Agreement, our former administrative agent required us to collateralize our outstanding letters of credit. See Note 5 - “Long-Term Debt and Other Borrowings” for additional discussion of the ABL Amendment. Restricted cash as of September 30, 2024 consists of $0.7 million to secure our outstanding letters of credit with our former administrative agent and is expected to terminate as the letters of credit expire by March 2025. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclose contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues, expenses, and impairments during the reporting period. Actual results could differ from those estimates, and such differences could be material. Mineral Resources Arrangement We have rights to the brine underlying our approximately 40,000 gross acres of brine leases in the Smackover Formation in Southwest Arkansas, including rights to the bromine and lithium contained in the brine. In June 2023, we entered into a memorandum of understanding (“MOU”) with Saltwerx LLC (“Saltwerx”), an indirect wholly owned subsidiary of ExxonMobil Corporation, relating to a newly formed Evergreen Unit known as the Evergreen Unit, and potential bromine and lithium production from brine produced from the unit. We completed an initial preliminary economic assessment in early 2023 for the extraction of the brine and for a bromine processing plant. On January 8, 2024, we announced the completion of a technical resources report for the Evergreen Unit in Arkansas. During the three and nine months ended September 30, 2024, we capitalized approximately $8.7 million and $22.6 million, respectively, of costs associated with the development of our properties in Arkansas. We recognized $3.8 million and $6.8 million of expenses during the three and nine months ended September 30, 2023, respectively, for exploration and pre-development costs representing expenditures incurred to evaluate potential future development of our lithium and bromine properties in Arkansas. Foreign Currency Translation We have designated the Euro, the British pound, the Canadian dollar, the Brazilian real, and the Mexican peso as the functional currencies for our operations in Finland and Sweden, the United Kingdom, Canada, Brazil, and certain of our operations in Mexico, respectively. The United States dollar is the designated functional currency for all of our other non-U.S. operations. The cumulative translation effects of translating the applicable accounts from the functional currencies into the United States dollar at current exchange rates are included as a separate component of equity. Foreign currency exchange losses are included in other (income) expense, net and totaled $0.5 million and $2.8 million during the three and nine months ended September 30, 2024, respectively, and less than $0.1 million and $0.3 million during the three and nine months ended September 30, 2023, respectively. Fair Value Measurements We utilize fair value measurements to account for certain items and account balances within our consolidated financial statements. Fair value measurements are utilized on a recurring basis in the determination of the carrying values of certain investments. See Note 7 - “Fair Value Measurements” for further discussion. Fair value measurements are also utilized on a nonrecurring basis in certain circumstances, including the impairment of long-lived assets (a Level 3 fair value measurement). Supplemental Cash Flow Information Supplemental cash flow information is as follows: Nine Months Ended 2024 2023 (in thousands) Interest paid $ 16,437 $ 14,282 Income taxes paid $ 4,867 $ 3,918 September 30, 2024 December 31, 2023 (in thousands) Accrued capital expenditures $ 5,252 $ 5,171 New Accounting Pronouncements Standards not yet adopted In November 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures” (“ASU 2023-07”), which is intended to improve reportable segments disclosures in annual and interim financial statements, primarily through expanded disclosures of significant segment expenses. ASU 2023-07 is effective for annual reporting periods beginning after December 15, 2023 and interim reporting periods beginning after December 15, 2024, with early adoption permitted. In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures.” The new standard requires companies to disclose specific categories in the income tax rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold. ASU 2023-09 is effective for annual reporting periods beginning after December 15, 2024, with early adoption permitted. The Company is currently evaluating the expected impact of these standards but does not expect them to have a significant impact on its consolidated financial statements upon adoption as the standards expand disclosures only.

Revenue

Revenue	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Revenue	REVENUE Revenue from Contracts with Customers Our contract asset balances, primarily associated with contractual invoicing milestones and/or customer documentation requirements, were $26.3 million and $30.6 million as of September 30, 2024 and December 31, 2023, respectively. Contract assets, along with billed trade accounts receivable, are included in trade accounts receivable in our consolidated balance sheets. Unearned income includes amounts in which the Company was contractually allowed to invoice prior to satisfying the associated performance obligations. Unearned income balances were $0.6 million and $3.1 million as of September 30, 2024 and December 31, 2023, respectively, and vary based on the timing of invoicing and performance obligations being met. Unearned income is included in accrued liabilities and other in our consolidated balance sheets. We recognized approximately $3.4 million and $2.5 million during the three and nine months ended September 30, 2024, respectively, and $1.2 million and $1.6 million of revenue during the three and nine months ended September 30, 2023, respectively, deferred in unearned income as of the beginning of the period. During the nine months ended September 30, 2024 and September 30, 2023, contract costs were not significant. We disaggregate revenue from contracts with customers into Product Sales and Services within each segment, as noted in our two reportable segments in Note 9 - “Industry Segments.” In addition, we disaggregate revenue from contracts with customers by geography based on the following table below. Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in thousands) Completion Fluids & Products United States $ 33,363 $ 36,484 $ 116,361 $ 115,167 International 31,768 36,726 126,071 125,307 65,131 73,210 242,432 240,474 Water & Flowback Services United States 59,808 67,877 185,283 204,446 International (1) 16,761 10,377 36,892 28,216 76,569 78,254 222,175 232,662 Total Revenue United States 93,171 104,361 301,644 319,613 International (1) 48,529 47,103 162,963 153,523 $ 141,700 $ 151,464 $ 464,607 $ 473,136 (1) Includes $4.1 million of lease revenue described below for the three and nine months ended September 30, 2024. Lease Revenue During the three months ended September 30, 2024, in connection with the settlement of a revenue contract by our Water & Flowback Services division, we entered into an arrangement with a customer including an embedded sales-type lease. Pursuant to this contract settlement, we recognized $7.4 million of revenues included in product sales revenues and including $4.1 million of revenues from the embedded lease. We also recognized $3.0 million of cost, included cost of product sales in our consolidated statements of operations during the three and nine months ended September 30, 2024. As of September 30, 2024, current lease receivables of $1.3 million and long-term lease receivables of $2.5 million are included in trade accounts receivable and other assets, respectively, in our consolidated balance sheets. The long-term lease receivable is expected to be collected by the end of 2026.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2024
Inventory Disclosure [Abstract]
Inventories	INVENTORIES Components of inventories as of September 30, 2024 and December 31, 2023 are as follows: September 30, 2024 December 31, 2023 (in thousands) Finished goods $ 83,170 $ 79,769 Raw materials 5,309 8,329 Parts and supplies 7,585 6,868 Work in progress 1,640 1,570 Total inventories $ 97,704 $ 96,536

Investments

Investments	9 Months Ended
	Sep. 30, 2024
Investments in and Advances to Affiliates [Abstract]
Investments	INVESTMENTS Our investments as of September 30, 2024 and December 31, 2023 consist of the following: September 30, 2024 December 31, 2023 (in thousands) Investment in Kodiak (1) $ 13,063 $ 8,538 Investment in CarbonFree 6,805 6,850 Investment in Standard Lithium 1,288 1,616 Investment in KMX Technologies 1,598 350 Total Investments $ 22,754 $ 17,354 (1) Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak”) acquired CSI Compressco LP (“CSI Compressco”) on April 1, 2024. CarbonFree Chemicals Holdings LLC (“CarbonFree”) is a carbon capture company with patented technologies that capture CO 2 and mineralize emissions to make commercial, carbon-negative chemicals. In December 2021, we invested $5.0 million in a convertible note issued by CarbonFree. During the three month period ended March 31, 2024, the convertible note agreement was amended and, in connection with that amendment, note holders agreed to defer their right to electively convert the convertible notes to common units of CarbonFree (“CarbonFree Units”) for two years. In exchange for the amendment, we received CarbonFree Units representing less than 1% of the CarbonFree Units outstanding as of September 30, 2024. The CarbonFree Units are not publicly traded and may not be offered, sold, transferred or pledged until such common units are registered pursuant to an effective registration statement or pursuant to an exemption from registration. Our exposure to potential losses by CarbonFree is limited to our investment, including capitalized and accrued interest associated with the CarbonFree convertible note and CarbonFree Units. KMX Technologies (“KMX”) is advancing wastewater treatment and accelerating energy storage with its direct lithium recovery enhancement processes through its proprietary membrane distillation technology. During 2023, we invested $0.4 million in convertible notes issued by KMX. During the three months ended September 30, 2024, these convertible notes converted into preferred units and we invested $1.0 million in additional preferred units. We also received common units issued by KMX. The KMX preferred units and common units are not publicly traded and may not be offered, sold, transferred or pledged until such preferred units or common units are registered pursuant to an effective registration statement or pursuant to an exemption from registration. We are party to agreements whereby Standard Lithium Ltd. (NYSE: SLI) (“Standard Lithium”) has the rights to produce and extract lithium in a portion of our Arkansas leases. The Company received and currently holds 800,000 shares of common stock of Standard Lithium under the terms of its arrangements. See Note 7 - “Fair Value Measurements” for further information.

Long-Term Debt and Other Borrow

Long-Term Debt and Other Borrowings	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Long-Term Debt and Other Borrowings	LONG-TERM DEBT AND OTHER BORROWINGS Consolidated long-term debt as of September 30, 2024 and December 31, 2023 consists of the following: Scheduled Maturity September 30, 2024 December 31, 2023 (in thousands) Term Credit Agreement (1) January 1, 2030 $ 179,709 $ 157,505 Total long-term debt $ 179,709 $ 157,505 (1) Net of unamortized discount of $5.2 million and $2.2 million as of September 30, 2024 and December 31, 2023, respectively, and net of unamortized deferred financing costs of $5.1 million and $3.3 million as of September 30, 2024 and December 31, 2023, respectively. Term Credit Agreement On January 12, 2024, the Company entered into a definitive agreement for a $265.0 million credit facility, consisting of a $190.0 million funded term loan and a $75.0 million delayed-draw term loan (collectively the “Term Credit Agreement”) that refinanced the Company’s prior credit facility outstanding as of December 31, 2023 and provided capital to advance the Company’s proposed Arkansas bromine processing project. Pricing on the Term Credit Agreement is the secured overnight financing rate (“SOFR”) plus 5.75%. The Company is required to pay a commitment fee on the unutilized commitments with respect to the delayed-draw term loan at the rate of 1.5% per annum. The interest rate per annum on borrowings under the Term Credit Agreement is 11.19% as of September 30, 2024 and the maturity date of the Term Credit Agreement is January 1, 2030. The Company used the net proceeds to repay in full the balance of its prior credit facility, with approximately $15.2 million of additional cash, net of discounts and transaction expenses. In connection with the Term Credit Agreement, we incurred approximately $5.3 million of fees which were deferred and will be amortized over the term of the Term Credit Agreement. As a result of termination of the prior credit facility, a loss of $5.5 million was recognized during the three-month period ended March 31, 2024 primarily for unamortized deferred financing costs. The Term Credit Agreement contains certain affirmative and negative covenants, including covenants that restrict the ability of the Company and certain of its subsidiaries to take certain actions including, among other things and subject to certain significant exceptions, the incurrence of debt, the granting of liens, engaging in mergers and other fundamental changes, the making of investments, entering into transactions with affiliates, the payment of dividends and other restricted payments, the prepayment of other indebtedness and the sale of assets. The Term Credit Agreement also requires the Company to maintain a Leverage Ratio (as defined in the new term loan credit agreement) of not more than 4.0 to 1.0 as of the end of each fiscal quarter and Liquidity (as defined in the Term Credit Agreement) of not less than $50.0 million at all times. All obligations under the Term Credit Agreement and the guarantees of those obligations are secured, subject to certain exceptions, by a security interest on substantially all of the property of the Company and its domestic subsidiaries, subject to the lien priorities set forth in the intercreditor agreement with the agent under our ABL Credit Agreement. Our Term Credit Agreement requires us to offer to prepay a percentage of Excess Cash Flow (as defined in the Term Credit Agreement) within five business days of filing our Annual Report beginning with the financial statements for the year ending December 31, 2024. The Term Credit Agreement includes customary events of default including non-payment of principal, interest or fees, violation of covenants, inaccuracy of representations or warranties, cross-default to other material indebtedness, bankruptcy and insolvency events, invalidity or impairment of security interests or invalidity of loan documents, certain ERISA events, unsatisfied or unstayed judgments and change of control. ABL Credit Agreement On May 13, 2024, we entered into an amendment (the “ABL Amendment”) to the Asset-Based Lending agreement dated as of September 10, 2018 (as amended, the “ABL Credit Agreement”). In connection with the ABL Amendment, Bank of America, N.A. became successor administrative agent to JPMorgan Chase Bank, N.A. Furthermore, approximately $0.6 million of fees were incurred in connection with the ABL Amendment, which were deferred and will be amortized over the term of the ABL Credit Agreement. As of September 30, 2024, our ABL Credit Agreement provides, with certain restrictions, for a senior secured revolving credit facility of up to $100.0 million with a $25.0 million accordion. The credit facility is subject to a borrowing base determined monthly by reference to the value of inventory and accounts receivable, and includes a sublimit of $20.0 million for letters of credit, and a swingline loan sublimit of $11.5 million. The ABL Credit Agreement matures on May 13, 2029. As of September 30, 2024, we had no borrowings outstanding and $0.2 million letters of credit or guarantees under our ABL Credit Agreement. Deferred financing costs of $0.8 million and $0.6 million as of September 30, 2024 and December 31, 2023, respectively, were classified as other long-term assets on the accompanying consolidated balance sheet as there was no outstanding balance on our ABL Credit Agreement. Subject to compliance with the covenants, borrowing base, and other provisions of the ABL Credit Agreement that may limit borrowings, we had availability of $68.2 million under this agreement. Borrowings under the ABL Credit Agreement bear interest at a rate per annum equal to, at the option of TETRA, either (i) the standard overnight financing rate plus 0.10%, (ii) a base rate plus a margin based on a fixed charge coverage ratio, or (iii) the Daily Simple Risk Free Rate plus 0.10%. The base rate is determined by reference to the highest of (a) the prime rate of interest as announced from time to time by Bank of America, N.A. (b) the Federal Funds Effective Rate (as defined in the ABL Credit Agreement) plus 0.5% per annum and (c) the standard overnight financing rate (adjusted to reflect any required bank reserves) for a one-month period on such day plus 1.0% per annum, provided that the base rate shall not be less than 1.0%. Borrowings outstanding have an applicable margin ranging from 2.00% to 2.50% per annum for SOFR-based loans and 1.00% to 1.50% per annum for base-rate loans, based upon the applicable fixed charge coverage ratio. In addition to paying interest on the outstanding principal under the ABL Credit Agreement, TETRA is required to pay a commitment fee in respect of the unutilized commitments at an applicable rate of 0.375% per annum. TETRA is also required to pay a customary letter of credit fee equal to the applicable margin on loans and fronting fees. All obligations under the ABL Credit Agreement and the guarantees of those obligations are secured, subject to certain exceptions, by a security interest for the benefit of the ABL Lenders on substantially all of the personal property of TETRA and certain subsidiaries of TETRA, the equity interests in certain domestic subsidiaries, and a maximum of 65% of the equity interests in certain foreign subsidiaries. Swedish Credit Facility In January 2022, the Company entered into a revolving credit facility for seasonal working capital needs of subsidiaries in Sweden (“Swedish Credit Facility”). As of September 30, 2024, we had no balance outstanding and availability of approximately $4.9 million under the Swedish Credit Facility. During each year, all outstanding loans under the Swedish Credit Facility must be repaid for at least 30 consecutive days. Borrowings bear interest at a rate of 2.95% per annum. The Swedish Credit Facility expires on December 31, 2024 and the Company intends to renew it annually. Finland Credit Agreement In January 2022, the Company also entered into an agreement guaranteed by certain accounts receivable and inventory in Finland (“Finland Credit Agreement”). As of September 30, 2024, there were $1.5 million of letters of credit outstanding against the Finland Credit Agreement. The Finland Credit Agreement expires on January 31, 2025 and the Company intends to renew it annually. Covenants Our credit agreements contain certain affirmative and negative covenants, including covenants that restrict the ability to pay dividends or other restricted payments. As of September 30, 2024, we are in compliance with all covenants under the credit agreements.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Litigation We are named defendants in several lawsuits and respondents in certain governmental proceedings arising in the ordinary course of business. While the outcome of lawsuits or other proceedings against us cannot be predicted with certainty, management does not consider it reasonably possible that a loss resulting from such lawsuits or other proceedings in excess of any amounts accrued has been incurred that is expected to have a material adverse impact on our financial condition, results of operations, or liquidity. There have been no material developments in our legal proceedings during the quarter ended September 30, 2024. For additional discussion of our legal proceedings, please see our 2023 Annual Report and Quarterly Report on Form 10-Q for the quarter ended June 30, 2024. Product Purchase Obligations In the normal course of our Completion Fluids & Products Division operations, we enter into supply agreements with certain manufacturers of various raw materials and finished products. Some of these agreements have terms and conditions that specify a minimum or maximum level of purchases over the term of the agreement. Other agreements require us to purchase the entire output of the raw material or finished product produced by the manufacturer. Our purchase obligations under these agreements apply only with regard to raw materials and finished products that meet specifications set forth in the agreements. We recognize a liability for the purchase of such products at the time we receive them. As of September 30, 2024, the aggregate amount of the fixed and determinable portion of the purchase obligation pursuant to our Completion Fluids & Products Division’s supply agreements was approximately $69.5 million, including $3.3 million for the remainder of 2024, $26.1 million in 2025, $22.3 million in 2026, $15.5 million in 2027, and $2.3 million in 2028. As of September 30, 2024, we also have commitments of $5.6 million related to long-lead infrastructure for our Completion Fluids & Products Division’s proposed bromine plant in Arkansas. Contingencies Related to Discontinued Operations In early 2018, we closed the Maritech Asset Purchase and Sale Agreement (“Maritech APA") and Maritech Membership Interest Purchase Agreement (“Maritech MIPA”) with Orinoco Natural Resources, LLC (“Orinoco”) that together provided for the purchase by Orinoco of all of Maritech’s remaining oil and gas properties and related assets and all outstanding membership interests of Maritech. Under the Maritech APA, Orinoco assumed responsibility for all of Maritech’s decommissioning liabilities related to the leases sold to Orinoco (the “Orinoco Lease Liabilities”) and, under the Maritech MIPA, Orinoco assumed all other liabilities of Maritech, including the decommissioning liabilities associated with Maritech’s interests in oil and gas properties previously sold by Maritech and select infrastructure still operated by Maritech (the “Legacy Liabilities”), subject to certain limited exceptions unrelated to the decommissioning liabilities. To the extent that Maritech or Orinoco fails to satisfy decommissioning liabilities associated with any of the Orinoco Lease Liabilities or the Legacy Liabilities, we may be required to satisfy such liabilities under third party indemnity agreements and corporate guarantees that we previously provided to the U.S. Department of the Interior (“BSEE”) and other parties, respectively, for which costs may be significant. Pursuant to a Bonding Agreement entered into as part of these Orinoco transactions (the “Bonding Agreement”), Orinoco provided non-revocable performance bonds from a surety company in an aggregate amount of $46.8 million to cover the performance by Orinoco and Maritech of certain specific asset retirement obligations of Maritech (the “Initial Bonds”) and agreed to replace the Initial Bonds with other non-revocable performance bonds in the aggregate sum of $47.0 million (collectively, the “Replacement Bonds”). In the event Orinoco does not provide the Replacement Bonds, Orinoco is required to make certain cash escrow payments to us. To date, no cash escrow payments have been made. On August 16, 2024, we issued a letter to Orinoco and the bond company demanding realignment of the existing bonds and/or issuance of Replacement Bonds pursuant to the terms of the Bonding Agreement to better align bond coverage with the more likely liability risks. To date, no written response has been received. In addition, Maritech and certain other interest owners have received decommissioning orders from BSEE and could receive additional decommissioning orders in the future. Such decommissioning orders received by Maritech and other interest owners relate to asset retirement obligations for certain properties in the Gulf of Mexico. From time to time, we also receive demand notices from third parties related to certain corporate guarantees or other arrangements covering such decommissioning liabilities. While the ultimate outcome of such matters cannot be predicted at this time, if Maritech or other interest owners default, BSEE or third parties may seek to enforce certain corporate guarantees or third party indemnity agreements against us for a portion of such decommissioning obligations, which may be significant. With respect to certain properties in the Gulf of Mexico, we have been advised that the cost of the decommissioning work to plug and abandon certain wells is projected to be significantly higher than the approximately $10.7 million bond supporting the liability, which was put in place by Maritech and other interest owners based on earlier cost estimates. We have also been advised more recently that Maritech’s prior working interest with respect those plugging and abandonment (“P&A”) costs are expected to exceed its share of the bond. In September 2024, P&A operations commenced pursuant to a cost sharing agreement among certain parties for decommissioning certain properties in the Gulf of Mexico. While Maritech is not a party to this cost sharing agreement, a predecessor of Maritech has advised us that it expects to seek reimbursement from us for the portion of decommissioning costs it has contractually agreed to pay pursuant to the terms of the cost sharing agreement. While the ultimate outcome of this matter cannot be predicted, we could potentially be liable for an estimated amount in the range of $5.8 million to $19.4 million, depending on the outcome of negotiations and whether other partners or property owners in the chain of title fulfill their respective obligations under their agreements. Additionally, we understand that in connection with the P&A operations being performed, Maritech and the other named obligees have made a demand on the related bond. We have made efforts to protect Maritech’s proportionate share of the bond proceeds (approximately $3.9 million), including demanding that the surety segregate or ensure that Maritech’s share is applied solely to satisfy its proportionate share of the decommissioning costs. We accrued a liability of $5.8 million related to this obligation during the three months ended September 30, 2024.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	FAIR VALUE MEASUREMENTS Financial Instruments Investments We retained an interest in CSI Compressco, which was acquired by Kodiak on April 1, 2024, and we received shares of Kodiak in exchange for our common units in CSI Compressco in connection with such acquisition. In December 2021, we invested in a $5.0 million convertible note issued by CarbonFree. During 2023, we invested $0.4 million in convertible notes issued by KMX. During the three months ended September 30, 2024, these convertible notes converted into preferred units and we invested $1.0 million in additional preferred units. We also received common units issued by KMX. In addition, we receive stock of Standard Lithium under the terms of our arrangements as noted in Note 4 - “Investments.” Our investments in Kodiak, Standard Lithium, and, formerly, CSI Compressco, are recorded in investments on our consolidated balance sheets based on the quoted market stock price (Level 1 fair value measurements). The stock component of consideration received from Standard Lithium was initially recorded as unearned income based on the quoted market price at the time the stock is received, then recognized in income over the contract term. Changes in the value of stock are recorded in other (income) expense, net in our consolidated statements of operations. Our investment in preferred units issued by KMX as of September 30, 2024 were recorded based on observable market-based inputs for preferred units issued to several investors during August and September 2024 (Level 2 fair value measurement). Our investment in convertible notes and common units issued by CarbonFree and our investment in common units issued by KMX are recorded in our consolidated financial statements based on an internal valuations with assistance from a third-party valuation specialist (Level 3 fair value measurement). The valuations are impacted by key assumptions, including the assumed probability and timing of potential debt or equity offerings. The convertible note issued by CarbonFree includes an option to convert the note into equity interests issued by CarbonFree. The change in the fair value of the embedded option, as well as the KMX preferred units and common units, are included in other (income) expense, net in our consolidated statements of operations. The change in the fair value of the convertible note issued by CarbonFree, excluding the embedded option, is included in other comprehensive income (loss) in our consolidated statements of comprehensive income. The change in our investments for the three-month and nine-month periods ended September 30, 2024 and 2023 are as follows: Three Months Ended September 30, 2024 Fair Value Measurements Using Quoted Prices in Active Markets for Identical Assets or Liabilities Significant Other Observable Inputs Significant Unobservable Inputs (Level 1) (Level 2) (Level 3) Total (in thousands) Investment balance at beginning of period $ 13,279 $ — $ 7,148 $ 20,427 Purchase of investments — 1,000 21 1,021 Reclassification between Level 2 and Level 3 fair value — 350 (350) — Unrealized gain on equity securities 1,072 38 193 1,303 Unrealized loss on embedded option — — (553) (553) Unrealized gain on convertible note, excluding embedded option — — 556 556 Investment balance at end of period $ 14,351 $ 1,388 $ 7,015 $ 22,754 Three Months Ended September 30, 2023 Fair Value Measurements Using Quoted Prices in Active Markets for Identical Assets or Liabilities Significant Unobservable Inputs (Level 1) (Level 3) Total (in thousands) Investment balance at beginning of period $ 10,199 $ 6,519 $ 16,718 Purchase of investments — 100 100 Unrealized loss on equity securities (707) — (707) Unrealized gain on embedded option — 148 148 Unrealized gain on convertible note, excluding embedded option — 146 146 Investment balance at end of period $ 9,492 $ 6,913 $ 16,405 Nine Months Ended September 30, 2024 Fair Value Measurements Using Quoted Prices in Active Markets for Identical Assets or Liabilities Significant Other Observable Inputs Significant Unobservable Inputs (Level 1) (Level 2) (Level 3) Total (in thousands) Investment balance at beginning of period $ 10,154 $ — $ 7,200 $ 17,354 Purchase of investments — 1,000 21 1,021 Reclassification between Level 2 and Level 3 fair value — 350 (350) — Unrealized gain on equity securities 4,197 38 1,070 5,305 Unrealized loss on embedded option — — (1,714) (1,714) Unrealized gain on convertible note, excluding embedded option — — 788 788 Investment balance at end of period $ 14,351 $ 1,388 $ 7,015 $ 22,754 Nine Months Ended September 30, 2023 Fair Value Measurements Using Quoted Prices in Active Markets for Identical Assets or Liabilities Significant Unobservable Inputs (Level 1) (Level 3) Total (in thousands) Investment balance at beginning of period $ 8,147 $ 6,139 $ 14,286 Purchase of investments — 350 350 Unrealized gain on equity securities 1,345 — 1,345 Unrealized loss on embedded option — (50) (50) Unrealized gain on convertible note, excluding embedded option — 474 474 Investment balance at end of period $ 9,492 $ 6,913 $ 16,405 Recurring fair value measurements by valuation hierarchy as of September 30, 2024 and December 31, 2023 are as follows: Fair Value Measurements Using Total as of Quoted Prices in Active Markets for Identical Assets or Liabilities Significant Other Observable Inputs Significant Unobservable Inputs Description September 30, 2024 (Level 1) (Level 2) (Level 3) (in thousands) Investment in Kodiak $ 13,063 $ 13,063 $ — $ — Investment in CarbonFree 6,805 — — 6,805 Investment in Standard Lithium 1,288 1,288 — — Investment in KMX Technologies 1,598 — 1,388 210 Total investments $ 22,754 Fair Value Measurements Using Total as of Quoted Prices in Active Markets for Identical Assets or Liabilities Significant Other Observable Inputs Significant Unobservable Inputs Description December 31, 2023 (Level 1) (Level 2) (Level 3) (in thousands) Investment in CSI Compressco $ 8,538 $ 8,538 $ — $ — Investment in CarbonFree 6,850 — — 6,850 Investment in Standard Lithium 1,616 1,616 — — Investment in KMX Technologies 350 — — 350 Investments $ 17,354 Other The fair values of cash, restricted cash, accounts receivable, accounts payable, accrued liabilities, short-term borrowings and long-term debt approximate their carrying amounts. See Note 5 - “Long-Term Debt and Other Borrowings” for further discussion.

Net Income per Share

Net Income per Share	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Net Income Per Share	NET INCOME PER SHARE The following is a reconciliation of the weighted average number of common shares outstanding with the number of shares used in the computations of net income per common and common equivalent share: Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in thousands) Number of weighted average common shares outstanding 131,579 129,777 131,100 129,395 Assumed vesting of equity awards 450 2,312 993 1,440 Average diluted shares outstanding 132,029 132,089 132,093 130,835

Industry Segments

Industry Segments	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Industry Segments	INDUSTRY SEGMENTS We manage our operations through two segments: Completion Fluids & Products Division and Water & Flowback Services Division. Summarized financial information concerning the business segments is as follows: Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in thousands) Revenues from external customers Product sales Completion Fluids & Products Division $ 61,451 $ 68,532 $ 229,223 $ 228,415 Water & Flowback Services Division 10,324 435 12,511 2,304 Consolidated $ 71,775 $ 68,967 $ 241,734 $ 230,719 Services Completion Fluids & Products Division $ 3,680 $ 4,678 $ 13,209 $ 12,059 Water & Flowback Services Division 66,245 77,819 209,664 230,358 Consolidated $ 69,925 $ 82,497 $ 222,873 $ 242,417 Total revenues Completion Fluids & Products Division $ 65,131 $ 73,210 $ 242,432 $ 240,474 Water & Flowback Services Division 76,569 78,254 222,175 232,662 Consolidated $ 141,700 $ 151,464 $ 464,607 $ 473,136 Income (loss) before taxes and discontinued operations Completion Fluids & Products Division $ 19,119 $ 16,932 $ 65,564 $ 67,330 Water & Flowback Services Division 4,674 8,475 8,551 22,869 Corporate Overhead (1) (16,217) (18,691) (52,765) (54,869) Consolidated $ 7,576 $ 6,716 $ 21,350 $ 35,330 (1) Amounts reflected include the following general corporate expenses: Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in thousands) General and administrative expense $ 10,780 $ 13,552 $ 32,570 $ 37,206 Depreciation and amortization 93 101 258 303 Impairments and other charges 109 — 109 777 Interest expense, net 6,043 5,755 18,440 17,029 Loss on debt extinguishment — — 5,535 — Other general corporate income, net (808) (717) (4,147) (446) Total $ 16,217 $ 18,691 $ 52,765 $ 54,869

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net income (loss), retained deficit	$ (2,998)	$ 5,420	$ 5,560	$ 29,675

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Organization, Basis of Presen_2

Organization, Basis of Presentation, and Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Presentation	Presentation Our unaudited consolidated financial statements include the accounts of our wholly owned or controlled subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. The information furnished reflects all normal recurring adjustments, which are, in the opinion of management, necessary to provide a fair statement of the results for the interim periods. Operating results for the period ended September 30, 2024 are not necessarily indicative of results that may be expected for the twelve months ended December 31, 2024. The accompanying unaudited consolidated financial statements have been prepared in accordance with Rule 10-01 of Regulation S-X for interim financial statements required to be filed with the U.S. Securities and Exchange Commission (“SEC”) and do not include all information and footnotes required by U.S. generally accepted accounting principles (“U.S. GAAP”) for complete financial statements. These financial statements should be read in conjunction with the financial statements for the year ended December 31, 2023 and notes thereto included in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 27, 2024 (the “ 2023 Annual Report ”).
Discontinued Operations	Discontinued Operations In early 2018, we closed a series of related transactions that resulted in the disposition of our former Offshore segment. Our former Offshore segment is reported as discontinued operations for all periods presented. We may be required to satisfy certain decommissioning liabilities under third-party indemnity agreements and corporate guarantees for which costs may be significant. During the three months ended September 30, 2024, we accrued $5.8 million of decommissioning expense and liability associated with our former Offshore segment for which costs might be above the value of surety bonds on properties previously disposed. See Note 6 - “Commitments and Contingencies” for additional discussion of contingencies related to discontinued operations.
Restricted Cash	Restricted Cash Restricted cash is classified as a current asset when it is expected to be repaid or settled in the next twelve-month period. In connection with the May 2024 amendment to our ABL Credit Agreement, our former administrative agent required us to collateralize our outstanding letters of credit. See Note 5 - “Long-Term Debt and Other Borrowings” for additional discussion of the ABL Amendment. Restricted cash as of September 30, 2024 consists of $0.7 million to secure our outstanding letters of credit with our former administrative agent and is expected to terminate as the letters of credit expire by March 2025.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclose contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues, expenses, and impairments during the reporting period. Actual results could differ from those estimates, and such differences could be material.
Mineral Resources Arrangement	Mineral Resources Arrangement We have rights to the brine underlying our approximately 40,000 gross acres of brine leases in the Smackover Formation in Southwest Arkansas, including rights to the bromine and lithium contained in the brine. In June 2023, we entered into a memorandum of understanding (“MOU”) with Saltwerx LLC (“Saltwerx”), an indirect wholly owned subsidiary of ExxonMobil Corporation, relating to a newly formed Evergreen Unit known as the Evergreen Unit, and potential bromine and lithium production from brine produced from the unit. We completed an initial preliminary economic assessment in early 2023 for the extraction of the brine and for a bromine processing plant. On January 8, 2024, we announced the completion of a technical resources report for the Evergreen Unit in Arkansas. During the three and nine months ended September 30, 2024, we capitalized approximately $8.7 million and $22.6 million, respectively, of costs associated with the development of our properties in Arkansas. We recognized $3.8 million and $6.8 million of expenses during the three and nine months ended September 30, 2023, respectively, for exploration and pre-development costs representing expenditures incurred to evaluate potential future development of our lithium and bromine properties in Arkansas.
Foreign Currency Translation	Foreign Currency Translation We have designated the Euro, the British pound, the Canadian dollar, the Brazilian real, and the Mexican peso as the functional currencies for our operations in Finland and Sweden, the United Kingdom, Canada, Brazil, and certain of our operations in Mexico, respectively. The United States dollar is the designated functional currency for all of our other non-U.S. operations. The cumulative translation effects of translating the applicable accounts from the functional currencies into the United States dollar at current exchange rates are included as a separate component of equity. Foreign currency exchange losses are included in other (income) expense, net and totaled $0.5 million and $2.8 million during the three and nine months ended September 30, 2024, respectively, and less than $0.1 million and $0.3 million during the three and nine months ended September 30, 2023, respectively.
Fair Value Measurements	Fair Value Measurements We utilize fair value measurements to account for certain items and account balances within our consolidated financial statements. Fair value measurements are utilized on a recurring basis in the determination of the carrying values of certain investments. See Note 7 - “Fair Value Measurements” for further discussion. Fair value measurements are also utilized on a nonrecurring basis in certain circumstances, including the impairment of long-lived assets (a Level 3 fair value measurement).
New Accounting Pronouncements	New Accounting Pronouncements Standards not yet adopted In November 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures” (“ASU 2023-07”), which is intended to improve reportable segments disclosures in annual and interim financial statements, primarily through expanded disclosures of significant segment expenses. ASU 2023-07 is effective for annual reporting periods beginning after December 15, 2023 and interim reporting periods beginning after December 15, 2024, with early adoption permitted. In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures.” The new standard requires companies to disclose specific categories in the income tax rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold. ASU 2023-09 is effective for annual reporting periods beginning after December 15, 2024, with early adoption permitted. The Company is currently evaluating the expected impact of these standards but does not expect them to have a significant impact on its consolidated financial statements upon adoption as the standards expand disclosures only.

Organization, Basis of Presen_3

Organization, Basis of Presentation, and Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Schedule of Supplemental Cash Flow Information	Supplemental cash flow information is as follows: Nine Months Ended 2024 2023 (in thousands) Interest paid $ 16,437 $ 14,282 Income taxes paid $ 4,867 $ 3,918 September 30, 2024 December 31, 2023 (in thousands) Accrued capital expenditures $ 5,252 $ 5,171

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Revenue	In addition, we disaggregate revenue from contracts with customers by geography based on the following table below. Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in thousands) Completion Fluids & Products United States $ 33,363 $ 36,484 $ 116,361 $ 115,167 International 31,768 36,726 126,071 125,307 65,131 73,210 242,432 240,474 Water & Flowback Services United States 59,808 67,877 185,283 204,446 International (1) 16,761 10,377 36,892 28,216 76,569 78,254 222,175 232,662 Total Revenue United States 93,171 104,361 301,644 319,613 International (1) 48,529 47,103 162,963 153,523 $ 141,700 $ 151,464 $ 464,607 $ 473,136 (1) Includes $4.1 million of lease revenue described below for the three and nine months ended September 30, 2024.

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2024
Inventory Disclosure [Abstract]
Schedule of Inventory	Components of inventories as of September 30, 2024 and December 31, 2023 are as follows: September 30, 2024 December 31, 2023 (in thousands) Finished goods $ 83,170 $ 79,769 Raw materials 5,309 8,329 Parts and supplies 7,585 6,868 Work in progress 1,640 1,570 Total inventories $ 97,704 $ 96,536

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2024
Investments in and Advances to Affiliates [Abstract]
Schedule of Investments	Our investments as of September 30, 2024 and December 31, 2023 consist of the following: September 30, 2024 December 31, 2023 (in thousands) Investment in Kodiak (1) $ 13,063 $ 8,538 Investment in CarbonFree 6,805 6,850 Investment in Standard Lithium 1,288 1,616 Investment in KMX Technologies 1,598 350 Total Investments $ 22,754 $ 17,354 (1) Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak”) acquired CSI Compressco LP (“CSI Compressco”) on April 1, 2024.

Long-Term Debt and Other Borr_2

Long-Term Debt and Other Borrowings (Table)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	Consolidated long-term debt as of September 30, 2024 and December 31, 2023 consists of the following: Scheduled Maturity September 30, 2024 December 31, 2023 (in thousands) Term Credit Agreement (1) January 1, 2030 $ 179,709 $ 157,505 Total long-term debt $ 179,709 $ 157,505 (1) Net of unamortized discount of $5.2 million and $2.2 million as of September 30, 2024 and December 31, 2023, respectively, and net of unamortized deferred financing costs of $5.1 million and $3.3 million as of September 30, 2024 and December 31, 2023, respectively.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of changes in Investments	The change in our investments for the three-month and nine-month periods ended September 30, 2024 and 2023 are as follows: Three Months Ended September 30, 2024 Fair Value Measurements Using Quoted Prices in Active Markets for Identical Assets or Liabilities Significant Other Observable Inputs Significant Unobservable Inputs (Level 1) (Level 2) (Level 3) Total (in thousands) Investment balance at beginning of period $ 13,279 $ — $ 7,148 $ 20,427 Purchase of investments — 1,000 21 1,021 Reclassification between Level 2 and Level 3 fair value — 350 (350) — Unrealized gain on equity securities 1,072 38 193 1,303 Unrealized loss on embedded option — — (553) (553) Unrealized gain on convertible note, excluding embedded option — — 556 556 Investment balance at end of period $ 14,351 $ 1,388 $ 7,015 $ 22,754 Three Months Ended September 30, 2023 Fair Value Measurements Using Quoted Prices in Active Markets for Identical Assets or Liabilities Significant Unobservable Inputs (Level 1) (Level 3) Total (in thousands) Investment balance at beginning of period $ 10,199 $ 6,519 $ 16,718 Purchase of investments — 100 100 Unrealized loss on equity securities (707) — (707) Unrealized gain on embedded option — 148 148 Unrealized gain on convertible note, excluding embedded option — 146 146 Investment balance at end of period $ 9,492 $ 6,913 $ 16,405 Nine Months Ended September 30, 2024 Fair Value Measurements Using Quoted Prices in Active Markets for Identical Assets or Liabilities Significant Other Observable Inputs Significant Unobservable Inputs (Level 1) (Level 2) (Level 3) Total (in thousands) Investment balance at beginning of period $ 10,154 $ — $ 7,200 $ 17,354 Purchase of investments — 1,000 21 1,021 Reclassification between Level 2 and Level 3 fair value — 350 (350) — Unrealized gain on equity securities 4,197 38 1,070 5,305 Unrealized loss on embedded option — — (1,714) (1,714) Unrealized gain on convertible note, excluding embedded option — — 788 788 Investment balance at end of period $ 14,351 $ 1,388 $ 7,015 $ 22,754 Nine Months Ended September 30, 2023 Fair Value Measurements Using Quoted Prices in Active Markets for Identical Assets or Liabilities Significant Unobservable Inputs (Level 1) (Level 3) Total (in thousands) Investment balance at beginning of period $ 8,147 $ 6,139 $ 14,286 Purchase of investments — 350 350 Unrealized gain on equity securities 1,345 — 1,345 Unrealized loss on embedded option — (50) (50) Unrealized gain on convertible note, excluding embedded option — 474 474 Investment balance at end of period $ 9,492 $ 6,913 $ 16,405
Schedule of Recurring Fair Value Measurements	Recurring fair value measurements by valuation hierarchy as of September 30, 2024 and December 31, 2023 are as follows: Fair Value Measurements Using Total as of Quoted Prices in Active Markets for Identical Assets or Liabilities Significant Other Observable Inputs Significant Unobservable Inputs Description September 30, 2024 (Level 1) (Level 2) (Level 3) (in thousands) Investment in Kodiak $ 13,063 $ 13,063 $ — $ — Investment in CarbonFree 6,805 — — 6,805 Investment in Standard Lithium 1,288 1,288 — — Investment in KMX Technologies 1,598 — 1,388 210 Total investments $ 22,754 Fair Value Measurements Using Total as of Quoted Prices in Active Markets for Identical Assets or Liabilities Significant Other Observable Inputs Significant Unobservable Inputs Description December 31, 2023 (Level 1) (Level 2) (Level 3) (in thousands) Investment in CSI Compressco $ 8,538 $ 8,538 $ — $ — Investment in CarbonFree 6,850 — — 6,850 Investment in Standard Lithium 1,616 1,616 — — Investment in KMX Technologies 350 — — 350 Investments $ 17,354

Net Income per Share (Tables)

Net Income per Share (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Schedule of Weighted Average Number of Share	The following is a reconciliation of the weighted average number of common shares outstanding with the number of shares used in the computations of net income per common and common equivalent share: Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in thousands) Number of weighted average common shares outstanding 131,579 129,777 131,100 129,395 Assumed vesting of equity awards 450 2,312 993 1,440 Average diluted shares outstanding 132,029 132,089 132,093 130,835

Industry Segments (Tables)

Industry Segments (Tables)	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Schedule of Financial Information of Segments	Summarized financial information concerning the business segments is as follows: Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in thousands) Revenues from external customers Product sales Completion Fluids & Products Division $ 61,451 $ 68,532 $ 229,223 $ 228,415 Water & Flowback Services Division 10,324 435 12,511 2,304 Consolidated $ 71,775 $ 68,967 $ 241,734 $ 230,719 Services Completion Fluids & Products Division $ 3,680 $ 4,678 $ 13,209 $ 12,059 Water & Flowback Services Division 66,245 77,819 209,664 230,358 Consolidated $ 69,925 $ 82,497 $ 222,873 $ 242,417 Total revenues Completion Fluids & Products Division $ 65,131 $ 73,210 $ 242,432 $ 240,474 Water & Flowback Services Division 76,569 78,254 222,175 232,662 Consolidated $ 141,700 $ 151,464 $ 464,607 $ 473,136 Income (loss) before taxes and discontinued operations Completion Fluids & Products Division $ 19,119 $ 16,932 $ 65,564 $ 67,330 Water & Flowback Services Division 4,674 8,475 8,551 22,869 Corporate Overhead (1) (16,217) (18,691) (52,765) (54,869) Consolidated $ 7,576 $ 6,716 $ 21,350 $ 35,330 (1) Amounts reflected include the following general corporate expenses: Three Months Ended Nine Months Ended 2024 2023 2024 2023 (in thousands) General and administrative expense $ 10,780 $ 13,552 $ 32,570 $ 37,206 Depreciation and amortization 93 101 258 303 Impairments and other charges 109 — 109 777 Interest expense, net 6,043 5,755 18,440 17,029 Loss on debt extinguishment — — 5,535 — Other general corporate income, net (808) (717) (4,147) (446) Total $ 16,217 $ 18,691 $ 52,765 $ 54,869

Organization, Basis of Presen_4

Organization, Basis of Presentation, and Significant Accounting Policies - Additional Information (Details) $ / shares in Units, a in Thousands, $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2024 USD ($) a $ / shares	Jun. 30, 2024 USD ($)	Sep. 30, 2023 USD ($) $ / shares	Sep. 30, 2024 USD ($) a segment $ / shares	Sep. 30, 2023 USD ($) $ / shares	Dec. 31, 2023 USD ($)
Dividends Payable [Line Items]
Number of reporting segments | segment				2
Decommissioning expense accrued	$ 5,800
Other income, net	$ (715)		$ (2,041)	$ (2,241)	$ (8,690)
Net income attributable to TETRA stockholders, basic (in dollars per share) | $ / shares	$ 0.02		$ (0.04)	$ (0.05)	$ (0.23)
Net income attributable to TETRA stockholders, diluted (in dollars per share) | $ / shares	$ 0.02		$ (0.04)	$ (0.05)	$ (0.23)
Restricted cash	$ 658		$ 0	$ 658	$ 0	$ 0
Gross brine lease acres | a	40			40
Capitalized development costs	$ 8,700			$ 22,600
Exploration and pre-development costs	0		3,775	0	6,836
Foreign currency exchange gains (losses)	(500)		$ (100)	(2,800)	$ (300)
Letter of Credit
Dividends Payable [Line Items]
Restricted cash	$ 700			$ 700
Revision of Prior Period, Error Correction, Adjustment
Dividends Payable [Line Items]
Other income, net		$ 1,400
Net income attributable to TETRA stockholders, basic (in dollars per share) | $ / shares				$ 0.01
Net income attributable to TETRA stockholders, diluted (in dollars per share) | $ / shares				$ 0.01

Organization, Basis of Presen_5

Organization, Basis of Presentation, and Significant Accounting Policies - Supplemental Cash Flows (Details) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Accounting Policies [Abstract]
Interest paid	$ 16,437	$ 14,282
Income taxes paid	4,867	$ 3,918
Accrued capital expenditures	$ 5,252		$ 5,171

Revenue - Additional Informatio

Revenue - Additional Information (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) segment	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Disaggregation of Revenue [Line Items]
Contract assets	$ 26,300		$ 26,300		$ 30,600
Unearned income balances	600		600		$ 3,100
Deferred revenue recognized	3,400	$ 1,200	$ 2,500	$ 1,600
Number of reportable segments | segment			2
Total Revenue	141,700	151,464	$ 464,607	473,136
Sales-type lease revenues	4,100		4,100
Sales-type lease cost	3,000		3,000
Sales-type lease, current lease receivable	1,300		1,300
Sales-type lease, long-term lease receivable		2,500		2,500
Product sales
Disaggregation of Revenue [Line Items]
Total Revenue	71,775	68,967	241,734	230,719
Water & Flowback Services Division
Disaggregation of Revenue [Line Items]
Total Revenue	76,569	$ 78,254	$ 222,175	$ 232,662
Water & Flowback Services Division | Product sales
Disaggregation of Revenue [Line Items]
Total Revenue	$ 7,400

Revenue - Disaggregation of Rev

Revenue - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Total Revenue	$ 141,700	$ 151,464	$ 464,607	$ 473,136
United States
Disaggregation of Revenue [Line Items]
Total Revenue	93,171	104,361	301,644	319,613
International
Disaggregation of Revenue [Line Items]
Total Revenue	48,529	47,103	162,963	153,523
Completion Fluids & Products
Disaggregation of Revenue [Line Items]
Total Revenue	65,131	73,210	242,432	240,474
Completion Fluids & Products | United States
Disaggregation of Revenue [Line Items]
Total Revenue	33,363	36,484	116,361	115,167
Completion Fluids & Products | International
Disaggregation of Revenue [Line Items]
Total Revenue	31,768	36,726	126,071	125,307
Water & Flowback Services
Disaggregation of Revenue [Line Items]
Total Revenue	76,569	78,254	222,175	232,662
Water & Flowback Services | United States
Disaggregation of Revenue [Line Items]
Total Revenue	59,808	67,877	185,283	204,446
Water & Flowback Services | International
Disaggregation of Revenue [Line Items]
Total Revenue	$ 16,761	$ 10,377	$ 36,892	$ 28,216

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Inventory Disclosure [Abstract]
Finished goods	$ 83,170	$ 79,769
Raw materials	5,309	8,329
Parts and supplies	7,585	6,868
Work in progress	1,640	1,570
Total inventories	$ 97,704	$ 96,536

Investments (Details)

Investments (Details) - USD ($) shares in Thousands, $ in Thousands	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Dec. 31, 2021
Investments in and Advances to Affiliates [Line Items]
Investments	$ 22,754	$ 17,354
Kodiak
Investments in and Advances to Affiliates [Line Items]
Investments	13,063	8,538
CarbonFree
Investments in and Advances to Affiliates [Line Items]
Investments	$ 6,805	6,850
Convertible Notes
Investments in and Advances to Affiliates [Line Items]
Investments			$ 5,000
Deferred conversion period	2 years
Ownership percentage	1%
Standard Lithium
Investments in and Advances to Affiliates [Line Items]
Investments	$ 1,288	1,616
Common stock, shares held (in shares)	800
KMX Technologies
Investments in and Advances to Affiliates [Line Items]
Investments	$ 1,598	350
Convertible Notes
Investments in and Advances to Affiliates [Line Items]
Investments		$ 400
Preferred Units
Investments in and Advances to Affiliates [Line Items]
Investments	$ 1,000

Long-Term Debt and Other Borr_3

Long-Term Debt and Other Borrowings - Schedule of Long Term Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Total long-term debt	$ 179,709	$ 157,505
Secured Debt | Term Loan Agreement
Debt Instrument [Line Items]
Total long-term debt	179,709	157,505
Unamortized discount	5,200	2,200
Unamortized deferred finance costs	$ 5,100	$ 3,300

Long-Term Debt and Other Borr_4

Long-Term Debt and Other Borrowings - Additional Information (Details)		3 Months Ended			9 Months Ended
	Jan. 12, 2024 USD ($)	Sep. 30, 2024 USD ($)	Mar. 31, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	May 13, 2024 USD ($)	Dec. 31, 2023 USD ($)
Debt Instrument [Line Items]
Repayments of long-term debt					$ 163,481,000	$ 98,441,000
Loss on debt extinguishment		$ 0		$ 0	$ 5,535,000	$ 0
Secured Debt | Term Loan Agreement
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 265,000,000
Basis spread on variable rate	5.75%
Commitment fee rate	1.50%
Interest rate		11.19%			11.19%
Repayments of long-term debt	$ 15,200,000
Fees incurred	$ 5,300,000
Loss on debt extinguishment			$ 5,500,000
Maximum leverage ratio	4
Maximum liquidity amount	$ 50,000,000
Secured Debt | Term Loan Agreement | Funded Term Loan
Debt Instrument [Line Items]
Maximum borrowing capacity	190,000,000
Secured Debt | Term Loan Agreement | Delayed-Draw Term Loan
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 75,000,000
Secured Debt | Asset-Based Credit Agreement
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 100,000,000			$ 100,000,000
Commitment fee rate					0.375%
Accordion feature		25,000,000			$ 25,000,000
Outstanding debt		0			0			$ 0
Letters of credit outstanding		200,000			200,000
Deferred financing costs		800,000			800,000			$ 600,000
Availability under agreement		$ 68,200,000			$ 68,200,000
Equity interest in certain foreign subsidiaries		65%			65%
Secured Debt | Asset-Based Credit Agreement | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread on variable rate					0.10%
Secured Debt | Asset-Based Credit Agreement | Secured Overnight Financing Rate (SOFR) | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate					2%
Secured Debt | Asset-Based Credit Agreement | Secured Overnight Financing Rate (SOFR) | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate					2.50%
Secured Debt | Asset-Based Credit Agreement | Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate					0.10%
Secured Debt | Asset-Based Credit Agreement | Base Rate | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate					1%
Secured Debt | Asset-Based Credit Agreement | Base Rate | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate					1.50%
Secured Debt | Asset-Based Credit Agreement | Fed Funds Effective Rate
Debt Instrument [Line Items]
Basis spread on variable rate					0.50%
Secured Debt | Asset-Based Credit Agreement | Secured Overnight Financing Rate (SOFR) Adjusted For Required Bank Reserves
Debt Instrument [Line Items]
Basis spread on variable rate					1%
Secured Debt | Asset-Based Credit Agreement | Letter of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 20,000,000			$ 20,000,000
Secured Debt | Asset-Based Credit Agreement | Singline Loan
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 11,500,000			$ 11,500,000
Secured Debt | ABL Amendment
Debt Instrument [Line Items]
Fees incurred							$ 600,000
Secured Debt | Swedish Credit Facility
Debt Instrument [Line Items]
Interest rate		2.95%			2.95%
Outstanding debt		$ 0			$ 0
Availability under agreement		4,900,000			$ 4,900,000
Term					30 days
Secured Debt | Finland Credit Agreement
Debt Instrument [Line Items]
Outstanding debt		$ 1,500,000			$ 1,500,000

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2024	Aug. 16, 2024	Mar. 31, 2018
Loss Contingencies [Line Items]
Accrued liability related to obligation		$ 5.8
Discontinued Operations | Minimum
Loss Contingencies [Line Items]
Estimated amount of potential loss liability	$ 5.8	5.8
Discontinued Operations | Maximum
Loss Contingencies [Line Items]
Estimated amount of potential loss liability	19.4	19.4
Surety Bond | Maritech
Loss Contingencies [Line Items]
Estimated amount of potential loss liability			$ 10.7
Bond proceeds	3.9
Discontinued Operations, Disposed of by Sale | Offshore Division | Initial Bonds
Loss Contingencies [Line Items]
Aggregate amount of performance bonds				$ 46.8
Discontinued Operations, Disposed of by Sale | Offshore Division | Interim Replacement Bonds
Loss Contingencies [Line Items]
Aggregate amount of performance bonds				$ 47
Supply Agreements
Loss Contingencies [Line Items]
Purchase obligation	69.5	69.5
Purchase obligation, remainder of 2024	3.3	3.3
Purchase obligation, 2025	26.1	26.1
Purchase obligation, 2026	22.3	22.3
Purchase obligation, 2027	15.5	15.5
Purchase obligation, 2028	2.3	2.3
Long-lead Infrastructure
Loss Contingencies [Line Items]
Purchase obligation	$ 5.6	$ 5.6

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023	Dec. 31, 2021
Derivatives, Fair Value [Line Items]
Investments	$ 22,754	$ 17,354
CarbonFree Convertible Notes
Derivatives, Fair Value [Line Items]
Investments			$ 5,000
KMX Convertible Notes
Derivatives, Fair Value [Line Items]
Investments		$ 400
KMX Preferred Units
Derivatives, Fair Value [Line Items]
Investments	$ 1,000

Fair Value Measurements - Chang

Fair Value Measurements - Change in Our Investments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Investment balance at beginning of period	$ 20,427	$ 16,718	$ 17,354	$ 14,286
Purchase of investments	1,021	100	1,021	350
Reclassification between Level 2 and Level 3 fair value	0		0
Investment balance at end of period	22,754	16,405	22,754	16,405
Equity Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Unrealized gain (loss)	1,303	(707)	5,305	1,345
Embedded Option
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Unrealized gain (loss)	(553)	148	(1,714)	(50)
Convertible Note
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Unrealized gain (loss)	556	146	788	474
(Level 1) | Investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Investment balance at beginning of period	13,279	10,199	10,154	8,147
Purchase of investments	0	0	0	0
Reclassification between Level 2 and Level 3 fair value	0		0
Investment balance at end of period	14,351	9,492	14,351	9,492
(Level 1) | Equity Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Unrealized gain (loss)	1,072	(707)	4,197	1,345
(Level 1) | Embedded Option
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Unrealized gain (loss)	0	0	0	0
(Level 1) | Convertible Note
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Unrealized gain (loss)	0	0	0	0
(Level 2) | Investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Investment balance at beginning of period	0		0
Purchase of investments	1,000		1,000
Reclassification between Level 2 and Level 3 fair value	350		350
Investment balance at end of period	1,388		1,388
(Level 2) | Equity Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Unrealized gain (loss)	38		38
(Level 2) | Embedded Option
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Unrealized gain (loss)	0		0
(Level 2) | Convertible Note
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Unrealized gain (loss)	0		0
(Level 3) | Investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Investment balance at beginning of period	7,148	6,519	7,200	6,139
Purchase of investments	21	100	21	350
Reclassification between Level 2 and Level 3 fair value	(350)		(350)
Investment balance at end of period	7,015	6,913	7,015	6,913
(Level 3) | Equity Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Unrealized gain (loss)	193	0	1,070	0
(Level 3) | Embedded Option
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Unrealized gain (loss)	(553)	148	(1,714)	(50)
(Level 3) | Convertible Note
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Unrealized gain (loss)	$ 556	$ 146	$ 788	$ 474

Fair Value Measurements - Marke

Fair Value Measurements - Market Risks and Derivative Hedge Contracts (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments	$ 22,754	$ 17,354
Investments	22,754	17,354
Kodiak
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments	13,063
Investments	13,063	8,538
CarbonFree
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments	6,805
Investments	6,805	6,850
Standard Lithium
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments	1,288
Investments	1,288	1,616
KMX Technologies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments	1,598
Investments	1,598	350
(Level 1) | Kodiak
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments	13,063
(Level 1) | CSI Compressco
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments		8,538
(Level 1) | CarbonFree
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments	0	0
(Level 1) | Standard Lithium
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments	1,288	1,616
(Level 1) | KMX Technologies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments	0	0
(Level 2) | Kodiak
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments	0
(Level 2) | CSI Compressco
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments		0
(Level 2) | CarbonFree
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments	0	0
(Level 2) | Standard Lithium
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments	0	0
(Level 2) | KMX Technologies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments	1,388	0
(Level 3) | Kodiak
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments	0
(Level 3) | CSI Compressco
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments		0
(Level 3) | CarbonFree
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments	6,805	6,850
(Level 3) | Standard Lithium
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments	0	0
(Level 3) | KMX Technologies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments	$ 210	$ 350

Net Income per Share (Details)

Net Income per Share (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Number of weighted average common shares outstanding ( in shares)	131,579	129,777	131,100	129,395
Assumed exercise of equity awards (in shares)	450	2,312	993	1,440
Average diluted shares outstanding (in shares)	132,029	132,089	132,093	130,835

Industry Segments - Additional

Industry Segments - Additional Details (Details)	9 Months Ended
	Sep. 30, 2024 segment
Segment Reporting [Abstract]
Number of segment operations	2

Industry Segments - Revenue, In

Industry Segments - Revenue, Income from Operations, and Assets by Reporting Segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Industry Segments Details [Line Items]
Total Revenue	$ 141,700	$ 151,464	$ 464,607	$ 473,136
Income before taxes and discontinued operations	7,576	6,716	21,350	35,330
Product sales
Industry Segments Details [Line Items]
Total Revenue	71,775	68,967	241,734	230,719
Services
Industry Segments Details [Line Items]
Total Revenue	69,925	82,497	222,873	242,417
Completion Fluids & Products Division
Industry Segments Details [Line Items]
Total Revenue	65,131	73,210	242,432	240,474
Water & Flowback Services Division
Industry Segments Details [Line Items]
Total Revenue	76,569	78,254	222,175	232,662
Water & Flowback Services Division | Product sales
Industry Segments Details [Line Items]
Total Revenue	7,400
Operating Segments | Completion Fluids & Products Division
Industry Segments Details [Line Items]
Total Revenue	65,131	73,210	242,432	240,474
Income before taxes and discontinued operations	19,119	16,932	65,564	67,330
Operating Segments | Completion Fluids & Products Division | Product sales
Industry Segments Details [Line Items]
Total Revenue	61,451	68,532	229,223	228,415
Operating Segments | Completion Fluids & Products Division | Services
Industry Segments Details [Line Items]
Total Revenue	3,680	4,678	13,209	12,059
Operating Segments | Water & Flowback Services Division
Industry Segments Details [Line Items]
Total Revenue	76,569	78,254	222,175	232,662
Income before taxes and discontinued operations	4,674	8,475	8,551	22,869
Operating Segments | Water & Flowback Services Division | Product sales
Industry Segments Details [Line Items]
Total Revenue	10,324	435	12,511	2,304
Operating Segments | Water & Flowback Services Division | Services
Industry Segments Details [Line Items]
Total Revenue	66,245	77,819	209,664	230,358
Corporate, Non-Segment
Industry Segments Details [Line Items]
Income before taxes and discontinued operations	$ (16,217)	$ (18,691)	$ (52,765)	$ (54,869)

Industry Segments - Corporate E

Industry Segments - Corporate Expenses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting Information [Line Items]
General and administrative expense	$ (22,406)	$ (23,838)	$ (66,841)	$ (73,254)
Depreciation, amortization, and accretion	(8,837)	(8,578)	(26,367)	(25,705)
Impairments and other charges	(109)	0	(109)	(777)
Interest expense, net	(5,096)	(5,636)	(17,233)	(16,672)
Loss on debt extinguishment	0	0	5,535	0
Other general corporate income, net	(715)	(2,041)	(2,241)	(8,690)
Income (loss) before taxes and discontinued operations	(7,576)	(6,716)	(21,350)	(35,330)
Corporate, Non-Segment
Segment Reporting Information [Line Items]
General and administrative expense	10,780	13,552	32,570	37,206
Depreciation, amortization, and accretion	93	101	258	303
Impairments and other charges	109	0	109	777
Interest expense, net	6,043	5,755	18,440	17,029
Loss on debt extinguishment	0	0	5,535	0
Other general corporate income, net	(808)	(717)	(4,147)	(446)
Income (loss) before taxes and discontinued operations	$ 16,217	$ 18,691	$ 52,765	$ 54,869