· TETRA Technologies, Inc. is undervalued in the current market weakness. · In this article, we will discuss just one lever the company has to pull in the Water and Flowback services segment. · We think TTI stock remains a buy at current levels subject to individual risk tolerance. IntroductionTETRA Technologies, Inc.$Tetra(TTI)$ (NYSE:TTI) has a number of levers to pull in the OFS space that promote sustained and growing revenues and margins based on technology and service. We think the true value TTI brings to clients is not yet fully appreciated by the market in the current softness in oil-related equities.The company's Water and Flowback Services segment is engaged in a rapidly growing business managing key aspects of surface w