Record Quarterly Volumes
Achieved record quarterly volumes in the water solutions business, with a 14% sequential growth in water solution volumes.
Increased Shareholder Returns
Announced a 33% increase to the dividend to $0.14 per share, reflecting strong cash flow generation and commitment to returning capital to shareholders.
Safety Record
Ended 2024 without a single employee or contractor recordable safety incident, highlighting a strong safety culture.
Strategic Acquisitions and Initiatives
Acquired the McNeil Ranch, providing significant operational advantages and long-term growth opportunities. Continued progress on beneficial reuse activities and expansion into industrial water treatment.
Strong Financial Performance in 2024
Generated $73 million of free cash flow, with adjusted EBITDA of $211.9 million, up 21% from the previous year, and maintained strong margins.