Atlas Energy Solutions Inc. (AESI)

NYSE: AESI · Real-Time Price · USD
21.21
+0.29 (1.39%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.39%
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]

Sector Energy
IPO Date Mar 9, 2023
Employees 490
Stock Exchange NYSE
Ticker Symbol AESI
Full Company Profile

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 Statements

Analyst 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.

Price Target
$24.44
(15.23% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

22 days ago - Seeking Alpha

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...

23 days ago - Business Wire

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 ...

5 weeks ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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, ...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

7 months ago - Seeking Alpha

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...

7 months ago - Business Wire

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...

7 months ago - Business Wire

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...

7 months ago - Seeking Alpha

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...

7 months ago - Business Wire

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...

8 months ago - Business Wire

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...

9 months ago - Business Wire

Atlas Energy Solutions Inc. (AESI) Q4 2023 Earnings Call Transcript

Atlas Energy Solutions Inc. (AESI) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

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...

9 months ago - Business Wire

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...

9 months ago - Business Wire

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...

10 months ago - Business Wire

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...

10 months ago - Business Wire

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...

10 months ago - Business Wire

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...

1 year ago - Seeking Alpha