Aris Water Solutions Inc Stock Price, News & Analysis

Aris Water Solutions, Inc. (NYSE: ARIS) has scheduled a conference call to discuss its first quarter 2022 results on May 10, 2022, at 8:00 a.m. Central Time. The earnings release will be available after market close on May 9, 2022. Participants can join the call by dialing (877) 407-5792 or via live webcast on the company's website. A replay of the call will be accessible for approximately 14 days via specific phone lines. Aris Water specializes in environmental infrastructure, focusing on sustainable water handling and recycling solutions in the Permian Basin.

Texas Pacific Land Corporation (NYSE: TPL) and Aris Water Solutions, Inc. (NYSE: ARIS) have expanded their alliance to enhance full-cycle water solutions for clients in the Permian Basin. This collaboration will optimize the service delivery across key Texas locations, enabling Aris to utilize TPL's Northern Delaware surface acreage. The partnership aims to improve water recycling capabilities and facilitate operator development on TPL's royalty lands. This strategic enhancement seeks to provide critical water management solutions in the region, addressing the growing demands of energy operators.

Texas Pacific Land Corporation (NYSE: TPL) and Aris Water Solutions, Inc. (NYSE: ARIS) have expanded their alliance to enhance full-cycle water management solutions in the Delaware Basin. This partnership allows Aris to access TPL's Northern Delaware surface acreage, enabling them to offer comprehensive produced water services and water recycling to key customers. Both companies aim to improve water sustainability and operational efficiency for upstream operators, further solidifying their roles in the Permian Basin's water infrastructure.

Aris Water Solutions (NYSE: ARIS) reported fourth-quarter and full-year 2021 results, showcasing a record water volume of approximately 1.1 million barrels per day, a 14% increase from Q3 2021. Despite a full-year net loss of $7 million, adjusted EBITDA surged 63% to $120.5 million. The fourth quarter yielded a net income of $6.4 million. Capital expenditures decreased by 47% to $74.7 million. Looking ahead, Aris anticipates 2022 adjusted EBITDA growth of up to 30%, supported by increased recycling demand and new acreage agreements.

Aris Water Solutions, Inc. (NYSE: ARIS) declared a dividend of $0.09 per share on its Class A common stock for Q1 2022, payable on March 29, 2022, to shareholders of record as of March 17, 2022. A similar distribution per unit will be paid to unit holders of Solaris Midstream Holdings. The company's President, Amanda Bock, emphasized the board's confidence in returning cash to shareholders while pursuing growth projects, maintaining a conservative balance sheet.

Aris Water Solutions, Inc. (NYSE: ARIS) will host a conference call on March 1, 2022, at 8:00 a.m. CT to discuss its fourth quarter and full year 2021 results. The earnings release will be issued post-market on February 28, 2022. Interested participants can join by calling (877) 407-5792 or via live webcast at www.ariswater.com. An audio replay will be available shortly after the call concludes for approximately 14 days.

Aris Water Solutions, Inc. (NYSE: ARIS) has announced a dividend of $0.07 per share for Q4 2021, payable on January 27, 2022. The record date for this dividend is set for January 6, 2022. This decision underscores the Board's confidence in maintaining cash returns to shareholders while funding growth projects. The total estimated payout for the dividend and unit distributions is about $3.8 million. This marks a significant milestone, reflecting the company's solid cash flow generation capabilities and commitment to balanced capital allocation.

Aris Water Solutions, Inc. (NYSE: ARIS) has appointed Adrian Milton as General Counsel, Chief Administrative Officer, and Corporate Secretary. Milton brings over a decade of legal experience, previously serving at Headlands Research and Concho Resources. CEO Amanda Brock expressed optimism about Milton's impact on the company's growth, particularly in delivering sustainable water solutions in the Permian Basin. Aris Water specializes in comprehensive water management and recycling, contributing to reduced environmental footprints for energy companies.

Aris Water Solutions, Inc. (NYSE: ARIS) reported robust third-quarter 2021 results, with total water volumes reaching a record 961,000 barrels per day. The company generated consolidated revenue of $59.5 million while reporting a net loss of $20.7 million, primarily due to a non-cash asset abandonment charge of $27.4 million. Adjusted EBITDA rose to $30.8 million, a 56% increase from Q3 2020. Notably, the company executed four long-term acreage dedications, enhancing dedicated acres by 20,000. Aris also exceeded its 2022 sustainability targets, achieving 61% water recycling.