Aris Water Solutions, Inc. (ARIS)

Market Cap	1.54B
Revenue (ttm)	420.96M
Net Income (ttm)	24.60M
Shares Out	58.23M
EPS (ttm)	0.81
PE Ratio	32.61
Forward PE	16.91
Dividend	$0.42 (1.59%)
Ex-Dividend Date	Sep 5, 2024

Volume	472,789
Open	24.97
Previous Close	24.87
Day's Range	24.76 - 26.38
52-Week Range	7.22 - 26.38
Beta	1.62
Analysts	Strong Buy
Price Target	19.71 (-25.26%)
Earnings Date	Nov 4, 2024

About ARIS

Aris Water Solutions, Inc., an environmental infrastructure and solutions company, provides water handling and recycling solutions. The company’s produced water handling business gathers, transports, unless recycled, and handles produced water generated from oil and natural gas production. Its water solutions business develops and operates recycling facilities to treat, store, and recycle produced water. Aris Water Solutions, Inc. was founded in 2015 and is headquartered in Houston, Texas.

• Industry: Utilities - Regulated Water
• Sector: Utilities
• IPO Date: Oct 22, 2021
• Employees: 251
• Stock Exchange: NYSE
• Ticker Symbol: ARIS
• Website: https://www.ariswater.com

Financial Performance

In 2023, Aris Water Solutions's revenue was $392.12 million, an increase of 22.15% compared to the previous year's $321.00 million. Earnings were $17.74 million, an increase of 1649.90%.

Analyst Forecast

According to 7 analysts, the average rating for ARIS stock is "Strong Buy." The 12-month stock price forecast is $19.71, which is a decrease of -25.26% from the latest price.

Price Target

$19.71

(-25.26% downside)

Analyst Consensus: Strong Buy