Atlas Energy Solutions Inc. (AESI)
Market Cap | 2.34B |
Revenue (ttm) | 925.76M |
Net Income (ttm) | 81.28M |
Shares Out | 110.22M |
EPS (ttm) | 0.74 |
PE Ratio | 28.63 |
Forward PE | 11.54 |
Dividend | $0.96 (4.53%) |
Ex-Dividend Date | Nov 7, 2024 |
Volume | 586,071 |
Open | 21.18 |
Previous Close | 20.92 |
Day's Range | 20.61 - 21.30 |
52-Week Range | 15.55 - 24.93 |
Beta | n/a |
Analysts | Buy |
Price Target | 24.44 (+15.23%) |
Earnings Date | Oct 28, 2024 |
About AESI
Atlas Energy Solutions Inc. engages in the production, processing, and sale of mesh and sand that are used as a proppant during the well completion process in the Permian Basin of Texas and New Mexico. The company provides transportation and logistics, storage solutions, and contract labor services. It sells its products and services to oil and natural gas exploration and production companies, and oilfield services companies. Atlas Energy Solutions Inc. was founded in 2017 and is headquartered in Austin, Texas. [Read more]
Financial Performance
In 2023, Atlas Energy Solutions's revenue was $613.96 million, an increase of 27.19% compared to the previous year's $482.72 million. Earnings were $105.43 million, a decrease of -51.42%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for AESI stock is "Buy." The 12-month stock price forecast is $24.44, which is an increase of 15.23% from the latest price.
News
Atlas Energy Solutions Inc. (AESI) Q3 2024 Earnings Call Transcript
Atlas Energy Solutions Inc. (NYSE:AESI) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Kyle Turlington - Vice President, Investor Relations Bud Brigham - Executive...
Atlas Energy Solutions Announces Third Quarter 2024 Results; Increases Quarterly Dividend and Announces Authorization for $200mm Share Buyback Program
AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today reported financial and operating results for the third quarter ended September 30, 2024. Third...
Atlas Energy Solutions Announces Commissioning of the Dune Express and Provides Third Quarter 2024 Operational Update
AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today announced that the commissioning of the Dune Express, a 42-mile long, fully electric conveyor ...
Atlas Energy Solutions Announces Election of CEO John Turner to Board of Directors
AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today announced that on August 22, 2024, the Company's Board of Directors (the “Board”) increased th...
Atlas Energy Solutions: An Intriguing High-Yield Energy Play
Atlas Energy Solutions Inc. shares have fallen 20% since May 2024 due to a fire at a key facility and decreasing rig count. However, the company has increased production capacity by acquiring Hi-Crush...
Atlas Energy Solutions Inc. (AESI) Q2 2024 Earnings Call Transcript
Atlas Energy Solutions Inc. (NYSE:AESI) Q2 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Kyle Turlington - Vice President, Investor Relations Bud Brigham - Executive C...
Atlas Energy Solutions Announces Appointment of Chris Scholla as Chief Operating Officer
AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today announced the appointment of Chris Scholla, the Company's current Chief Supply Chain Officer, ...
Atlas Energy Solutions Announces Second Quarter 2024 Results; Increases Quarterly Dividend
AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today reported financial and operating results for the second quarter ended June 30, 2024. Second Qu...
Atlas Energy Solutions and Kodiak Announce Agreement For Autonomous Trucking Technology
AUSTIN, Texas & MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas”) and Kodiak Robotics, Inc. (“Kodiak”) today announced that the two companies have entered into...
Atlas Announces Timing of Second Quarter 2024 Earnings Release and Conference Call
AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today announced that it will issue its second quarter 2024 earnings release after market close on Mo...
Atlas Energy Solutions Welcomes Brian McConn as Executive Vice President, Sales & Marketing
AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today announced the appointment of Brian McConn as Executive Vice President, Sales and Marketing. “W...
Atlas Energy Solutions Inc. (AESI) Q1 2024 Earnings Call Transcript
Atlas Energy Solutions Inc. (NYSE:AESI) Q1 2024 Earnings Conference Call May 6, 2024 10:00 AM ET Company Participants Kyle Turlington - VP, IR Bud Brigham - Executive Chairman John Turner - CEO, Pres...
Atlas Energy Solutions Announces First Quarter 2024 Results; Increases Quarterly Dividend
AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today reported financial and operating results for the quarter ended March 31, 2024. First Quarter 2...
Atlas Energy Solutions Announces Appointment of Blake McCarthy as Chief Financial Officer
AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today announced the appointment of Blake McCarthy as Chief Financial Officer, to be effective May 13...
Atlas Energy Solutions: Next Leader Of The Fracking Revolution
AESI is the largest proppant producer in North America, uniquely positioned with significant operational synergies and an enhanced production capacity following the acquisition of Hi-Crush Inc. AESI h...
Kermit Facility Operational Update
AUSTIN, Texas--(BUSINESS WIRE)--As previously reported, on Sunday, April 14th, a mechanical fire occurred at the Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) mine in Kermit, Tex...
Atlas Announces Timing of First Quarter 2024 Earnings Release and Conference Call
AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today announced that on Monday, May 6, 2024, it will issue its first quarter 2024 earnings release b...
Atlas Energy Solutions Inc. Completes Previously Announced Acquisition of Hi-Crush Inc. And Announces Promotion of John Turner to CEO
AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today announced the completion of the acquisition of Hi-Crush Inc. (“Hi-Crush”). The transaction str...
Atlas Energy Solutions Inc. (AESI) Q4 2023 Earnings Call Transcript
Atlas Energy Solutions Inc. (AESI) Q4 2023 Earnings Call Transcript
Atlas Energy Solutions Announces Fourth Quarter and Year End 2023 Results; Signs Transformative Agreement to Acquire Hi-Crush Inc.
AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today reported financial and operating results for the fiscal year ended December 31, 2023. Year End...
Atlas Energy Solutions Inc. to Acquire Hi-Crush Inc., Creating the Largest Proppant Producer in the Country and an Industry Leading Logistics Provider
AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today announced that it has entered into a definitive agreement with Hi Crush Inc. ("Hi-Crush") to a...
Atlas Energy Solutions Appoints Mike Howard to its Board of Directors
AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today announced that the Board of Directors (the “Board”) has appointed Mike Howard to serve as a me...
Atlas Energy Solutions Announces 5% Increase in Quarterly Cash Dividend
AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today announced that the Board of Directors (the “Board) has declared a dividend of $0.21 per outsta...
Atlas Announces Timing of Fourth Quarter & Year End 2023 Earnings Release and Conference Call
AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today announced that on Tuesday, February 27, 2024, it will issue its fourth quarter and year end 20...
Atlas Energy Solutions Scales Permian Operations As E&P Consolidation Continues
Atlas Energy Solutions Inc. reported Q3 2023 financial results, beating revenue but missing earnings estimates. The company provides proppant products and services for fracking in the Permian Basin. W...