Encompass Capital has fully exited its position in Select Water Solutions (WTTR), a recent SEC filing shows. The disclosure, filed on August 14, 2026, reflects trading activity that occurred during the second quarter, which ended June 30, 2026. The firm sold all 3.09 million of its shares, a stake previously valued at $47.20 million.
The sale occurred during a quarter where Select Water Solutions reported strong financial results, with record revenue in some segments and significant new long-term contracts. While Encompass Capital's specific reasons for the sale were not disclosed, 13F filings provide a delayed snapshot of an institutional investor's portfolio adjustments from the prior quarter.