Welcome to our dedicated page for Aris Mining news (Ticker: ARIS), a resource for investors and traders seeking the latest updates and insights on Aris Mining stock.
The ARIS news page on Stock Titan provides an archive of public announcements, press releases, and regulatory disclosures related to Aris Water Solutions, Inc., which operated as an environmental infrastructure and solutions company serving oil and gas producers in the Permian Basin. These items document both the company’s operational performance and the corporate events that culminated in its acquisition by Western Midstream Partners, LP.
News coverage includes Aris’s quarterly financial and operating results, where the company reported metrics such as produced water handling volumes, recycled produced water volumes sold, groundwater volumes sold, skim oil recoveries, and non-GAAP measures like Adjusted EBITDA and Adjusted Net Income. These releases explain how Aris evaluated its water gathering and processing segment and the performance of its full-cycle water handling and recycling operations.
Another key category of ARIS news consists of commercial and contract updates. For example, Aris announced a seven-year extension of its Water Gathering and Disposal Agreement with ConocoPhillips, under which a subsidiary of Aris continued to provide long-term full-cycle water infrastructure services, including recycled water supply, produced water transportation, and produced water handling operations in the Northern Delaware Basin. Such items highlight the company’s long-term relationships with upstream operators and its role in supporting oil and gas development.
The archive also contains detailed announcements about the agreement for Western Midstream Partners, LP to acquire Aris and subsequent updates on the merger process. Joint releases from Aris and Western Midstream describe the transaction structure, the forms of merger consideration available to Aris securityholders, the election procedures and deadlines, the expiration of the Hart-Scott-Rodino waiting period, and preliminary results of shareholder elections. Later filings and news items report the closing of the mergers, the delisting of Aris’s Class A common stock from the New York Stock Exchange, and the termination of its SEC reporting obligations.
Investors and researchers can use this news page to review the historical trajectory of Aris Water Solutions, Inc., from its operational updates and contract extensions to the strategic transaction that resulted in the company becoming a wholly owned subsidiary of Western Midstream Partners, LP. The collection of news items offers context on how Aris positioned its produced water handling and recycling business within the oil and gas services landscape and how that business was ultimately integrated into Western Midstream’s broader midstream platform.
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.
Aris Water Solutions, Inc. (NYSE:ARIS) will host a conference call to discuss its third quarter 2021 results on November 10, 2021, at 8:00 a.m. Central Time. The earnings release will be issued after market close on November 9, 2021. Participants can join the call by dialing (888) 437-3179 from the U.S. or (862) 298-0702 from outside the U.S. A replay will be available for approximately 14 days at (877) 660-6853 in the U.S. or (201) 612-7415 internationally.