Atlas Energy Solutions
AESI
Market cap $2.2B

20.02 USD

-0.35

1.72%

At close Oct 17, 4:00 PM EDT

After hours

19.85

-0.17

0.85%

1 day

-1.72%

5 days

-0.74%

1 month

-8.00%

3 months

-8.21%

6 months

-8.88%

Year to date

20.75%

1 year

-2.05%

5 years

18.11%

About: Atlas Energy Solutions Inc is a provider of proppant and logistics services to the oil and natural gas industry within the Permian Basin of West Texas and New Mexico, the most active oil and natural gas basin in North America. Proppant is necessary to facilitate the recovery of hydrocarbons from oil and natural gas wells. One hundred percent of its sand reserves are located in Winkler and Ward Counties, Texas, within the Permian Basin, and its operations consist of proppant production and processing facilities, including two facilities near Kermit, Texas, and a third facility near Monahans, Texas.

Employees: 490

Energy Crude Petroleum & Natural Gas

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 6 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

140% more repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 35

83% more call options, than puts

Call options by funds: $10M | Put options by funds: $5.48M

68% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 22

9% more funds holding

Funds holding: 159 [Q1] → 174 (+15) [Q2]

1.47% more ownership

Funds ownership: 51.45% [Q1] → 52.92% (+1.47%) [Q2]

0% less capital invested

Capital invested by funds: $1.16B [Q1] → $1.16B (-$1.67M) [Q2]

29% less funds holding in top 10

Funds holding in top 10: 7 [Q1] → 5 (-2) [Q2]

See Fund Rankings

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$23

15%

upside

Avg. target

$26

28%

upside

High target

$28

40%

upside

6 analyst ratings

6 positive

100%

0 neutral

0%

0 negative

0%

Barclays Derek Podhaizer 0 / 0 met price target	15%upside $23	Overweight Maintained	16 Oct 2024
RBC Capital Keith Mackey 33% 1-year accuracy 5 / 15 met price target	25%upside $25	Outperform Maintained	11 Oct 2024
Goldman Sachs Neil Mehta 36% 1-year accuracy 9 / 25 met price target	25%upside $25	Buy Maintained	29 Aug 2024
RBC Capital Keith Mackey 33% 1-year accuracy 5 / 15 met price target	30%upside $26	Outperform Maintained	7 Aug 2024
Stephens & Co. Mike Scialla 45% 1-year accuracy 9 / 20 met price target	40%upside $28	Overweight Reiterated	6 Aug 2024

See Analyst Rankings

Financial journalist opinion

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 system that is expected to transform proppant logistics in the Permian Basin, began early this week. The system remains on-time and on-budget with the commercial transportation of proppant into the Delaware Basin scheduled to begin in late Q4. Additionally, the Company expects higher plant operatin.

Atlas Energy Solutions Announces Commissioning of the Dune Express and Provides Third Quarter 2024 Operational Update

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 the size of the Board from eight members to nine and elected John Turner, the Company's current Chief Executive Officer, to the Board, effective immediately. “John will bring an invaluable perspective to the Board through his extensive experience as an executive in the oil and gas industry,” said Ben.

Atlas Energy Solutions Announces Election of CEO John Turner to Board of Directors

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, leading to a near monopoly position in the Permian Basin. The company's game-changing Dune Express project is set to come online in 4Q24, reducing operating costs and improving efficiency.

Atlas Energy Solutions: An Intriguing High-Yield Energy Play

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 Chairman John Turner - Chief Executive Officer Blake McCarthy - Chief Financial Officer Chris Scholla - Chief Operating Officer Conference Call Participants Jim Rollyson - Raymond James Doug Becker - Capital One Derek Podhaizer - Barclays Sean Mitchell - Daniel Energy Partners Don Crist - Johnson Rice Neil Mehta - Goldman Sachs Michael Scialla - Stephens Jeff LeBlanc - TPH Operator Greetings and welcome to Atlas Energy Second Quarter 2024 Financial and Operational Results Conference Call. At this time, all participants are in a listen only mode.

Atlas Energy Solutions Inc. (AESI) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Atlas Energy Solutions Inc. (AESI) Q2 Earnings Miss Estimates

Atlas Energy Solutions Inc. (AESI) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.69 per share a year ago.

Atlas Energy Solutions Inc. (AESI) Q2 Earnings Miss Estimates

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, as Chief Operating Officer effective August 5, 2024. John Turner, President and Chief Executive Officer, commented, “Chris has made tremendous contributions to Atlas's success over his time with our Company, including as Chief Supply Chain Officer. With his leadership, our organization has made gre.

Atlas Energy Solutions Announces Appointment of Chris Scholla as Chief Operating 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 Quarter 2024 Highlights Total sales of $287.5 million Net income of $14.8 million (5% Net Income Margin) Adjusted EBITDA of $72.0 million (25% Adjusted EBITDA Margin) (1) Net cash provided by operating activities of $60.9 million Adjusted Free Cash Flow of $66.6 million (23% Adjusted Free Cash Flow M.

Atlas Energy Solutions Announces Second Quarter 2024 Results; Increases Quarterly Dividend

Zacks Investment Research

Analysts Estimate Atlas Energy Solutions Inc. (AESI) to Report a Decline in Earnings: What to Look Out for

Atlas Energy Solutions Inc. (AESI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Atlas Energy Solutions Inc. (AESI) to Report a Decline in Earnings: What to Look Out for

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 an agreement whereby Kodiak will outfit new Atlas high-capacity trucks with Kodiak's autonomous driving technology. The two companies have already completed their first driverless delivery of frac sand in West Texas's Permian Basin. The 21-mile delivery transported Atlas's high-quality frac sand f.

Atlas Energy Solutions and Kodiak Announce Agreement For Autonomous Trucking Technology

Zacks Investment Research

New Strong Sell Stocks for July 17th

IIIN, AESI and BF.B have been added to the Zacks Rank #5 (Strong Sell) List on July 17, 2024.

New Strong Sell Stocks for July 17th

See News Rankings

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