Every 8-K that Atlas Energy Solutions Inc. (AESI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow AESI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AESI filings page.
Atlas Energy Solutions Inc. reported Q2 2026 revenue of $293.2 million, up 10.4% from Q1 2026, with a net loss of $25.1 million (basic and diluted loss per share of $0.20) and Adjusted EBITDA of $49.5 million, a 17% margin. Net cash used in operating activities was $553 thousand, while Adjusted Free Cash Flow was $34.9 million, a 12% margin.
The company highlighted record Dune Express volumes and a quarterly shipment record of 6 million tons for Last Mile services, with proppant sales volumes of 5.6 million tons. Management emphasized growth in its private power business, completing a 26 MW bridge facility for a 120 MW behind-the-meter contract expected online by the end of Q1 2027. Liquidity as of June 30, 2026 was $292.9 million, including $168.2 million of cash and $124.7 million of availability under the 2023 ABL Credit Facility.
Atlas Energy Solutions Inc. reported the results of its 2026 Annual Meeting of Stockholders held on May 7, 2026. Stockholders elected Gayle Burleson and Robb L. Voyles as Class III directors for three-year terms ending at the 2029 annual meeting.
Stockholders also ratified Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026. In addition, they approved on a non-binding advisory basis the compensation of the company’s named executive officers and approved the Atlas Energy Solutions Inc. Employee Stock Purchase Plan.
Atlas Energy Solutions Inc. reported first quarter 2026 revenue of $265.6 million, up 6.5% from the prior quarter, but posted a net loss of $47.3 million and an Adjusted EBITDA of $28.4 million, near the low end of its guided range.
Cash generation remained modest, with $19.0 million of net cash from operating activities and $3.8 million of Adjusted Free Cash Flow. The company highlighted rapid expansion of its power business, including a 1.4 GW Global Framework Agreement with Caterpillar, a 120 MW 5‑year power purchase agreement, and a completed $450 million private placement of 0.50% convertible notes due 2031. Management now targets deployment of more than 550 MW of power capacity by mid‑2027 and expects second quarter 2026 Adjusted EBITDA of about $50 million.
Atlas Energy Solutions Inc. is raising capital through a private placement of $450 million in 0.50% Convertible Senior Notes due 2031, including full exercise of a $60 million option. The notes are senior unsecured, pay 0.50% interest semi-annually, and mature on April 15, 2031 unless earlier converted, redeemed or repurchased.
The initial conversion rate is 68.9275 shares per $1,000 of notes, implying a conversion price of about $14.51, a 30% premium to the $11.16 stock price on April 6, 2026. Atlas may redeem the notes for cash starting April 20, 2029 if the share price is at least 130% of the conversion price, and holders have put rights upon certain fundamental changes.
Atlas entered into $50 million capped call transactions with a cap price of $22.32 per share to help limit potential dilution and excess cash outlay on conversion. The company estimates net proceeds of about $377 million, to be used partly for capped call costs, repayment of Stonebriar lease advances and its 2023 ABL Credit Facility, and for general corporate purposes including power equipment purchases.
Atlas Energy Solutions Inc. plans a private offering of $300 million in convertible senior notes due 2031, with an option for purchasers to buy an additional $45 million. Atlas expects to use proceeds to repay lease and ABL borrowings, enter capped call transactions, and fund power generation equipment purchases.
For the quarter ended March 31, 2026, Atlas preliminarily estimates a net loss between $40.0 million and $43.3 million, EBITDA between $19.0 million and $22.9 million, and Adjusted EBITDA between $26.0 million and $30.0 million. As of April 2, 2026, Atlas had approximately $61 million outstanding under its master equipment lease and $75 million under its 2023 ABL credit facility.
Atlas Energy Solutions Inc. has signed a 5‑year power purchase agreement for 120 megawatts of dedicated on‑site generation with a subsidiary of an investment‑grade technology infrastructure provider, with two additional 5‑year extension options. The company expects these power assets to generate approximately $50 to $55 million of annualized Adjusted Free Cash Flow once fully energized in the first half of 2027.
Atlas also updated its outlook, now guiding first quarter 2026 Adjusted EBITDA to approximately $26 to $30 million, impacted by severe winter weather, higher maintenance spending at its Kermit facility, and temporary increases in trucking and diesel costs. Sand sales volume is expected to be about 5.8 million tons, including 150 thousand tons purchased from third parties.
The company cites improving market conditions, noting an additional one million tons of sand contracted for the remainder of 2026 and mining operations effectively sold out for the second quarter at current production levels. For second quarter 2026, Atlas expects Adjusted EBITDA of approximately $50 million, supported by higher sand and logistics margins and rising contributions from its expanding Power business.
Atlas Energy Solutions Inc. entered a Global Framework Agreement with Caterpillar Inc. under which Caterpillar will reserve approximately 1.4 gigawatts of incremental power generation equipment for Atlas through December 31, 2030. Atlas, through its subsidiary ProjectCo, committed to an initial aggregate purchase obligation of about $840 million, with pricing subject to capped annual escalations and other adjustments.
Atlas will pay a $5 million annual capacity deposit starting in 2027, credited against equipment purchases, and orders will be placed via Caterpillar dealers using rolling demand forecasts. A related press release states that orders are scheduled for 2027–2029 and that, with successful deployment, Atlas forecasts owning and operating roughly 2.0 gigawatts of power generation assets by 2030 to support its private grid and distributed power strategy.
Atlas Energy Solutions reported full-year 2025 revenue of $1.1 billion, up 3.7% from 2024, but swung to a net loss of $50.3 million after earning $59.9 million the prior year. Adjusted EBITDA declined to $221.7 million from $288.9 million as margins compressed.
For the fourth quarter, revenue was $249.4 million with a net loss of $22.2 million and Adjusted EBITDA of $36.7 million. Atlas shipped 21.6 million tons of volume in 2025, including 5.9 million tons on its Dune Express system, and is targeting about 500 MW of behind-the-meter power capacity deployed in 2027.
Atlas Energy Solutions Inc. announced that director Stacy Hock has decided not to stand for reelection to the Board at the company’s 2026 Annual Meeting of Shareholders. The company states that her decision is not due to any disagreement related to operations, policies, or practices.
Ms. Hock will continue to serve as a director, including on the Compensation Committee and the Nominating and Corporate Governance Committee, until her current term expires at the 2026 Annual Meeting. The filing does not describe any related leadership or strategic changes.
Atlas Energy Solutions Inc. entered into a Master Lease Agreement and Interim Funding Agreement under which its subsidiary Galt Power Solutions LLC assigned a reservation for approximately 240 megawatts of power generation equipment to Stonebriar Commercial Finance LLC, which will lease the equipment back to Galt. Stonebriar will make periodic advances of up to $385.0 million, with Galt paying monthly rent based on the unpaid balance at a rate equal to 1‑Month SOFR plus 635 basis points, and then schedule-based rent once specific equipment is delivered and accepted.
The lease can be terminated early or at the term expiration date for prices set in the applicable schedules, and Atlas guarantees Galt’s obligations on an unsecured basis. Atlas Sand Company, LLC and other subsidiaries also executed a Fourth Amendment to their asset-based loan agreement, which permits the formation of Galt and Atlas’s unconditional guarantee of Galt’s lease obligations.
Atlas Energy Solutions Inc. reported that it has placed an order for 240 megawatts of power generation equipment. The company disclosed this under Item 7.01 (Regulation FD), noting the information is furnished and not filed. A related press release is included as Exhibit 99.1 dated November 3, 2025.
Atlas Energy Solutions Inc. furnished an 8-K stating it issued a press release with earnings for the quarter ended September 30, 2025. The release is provided as Exhibit 99.1 dated November 3, 2025.
Information under Item 2.02 and Item 7.01 is furnished, not filed, and is not subject to Section 18 of the Exchange Act, nor incorporated by reference unless specifically noted. The company also notes it may communicate material information via its SEC filings, press releases, public calls, and its website’s Investor Relations page. Additional exhibit: Exhibit 104 (Cover Page Inline XBRL).
Atlas Energy Solutions (AESI) announced a leadership change. On October 21, 2025, EVP & President, Sand and Logistics, Chris Scholla departed the Company, effective the same day. The Company stated that his departure constitutes a Qualifying Termination under its Management Change in Control Severance Plan, and he will receive post-employment benefits in accordance with that plan, subject to its terms and conditions, including execution of a participant agreement and general release.
During the search for a successor, President and CEO John Turner will lead Atlas’s sand and logistics operations.
Atlas Energy Solutions Inc. reported that its Board of Directors adopted new Stock Ownership Guidelines on September 9, 2025. These guidelines set minimum levels of company common stock that key leaders are expected to hold, tying them more closely to shareholder outcomes.
The Executive Chairman and Chief Executive Officer are each required to hold shares valued at five times their annual base salary. Other executive officers must hold shares valued at three times their annual base salary. Independent directors must hold shares valued at three times their annual base cash retainer for Board service, while executive and senior vice presidents must hold shares valued at one times their annual base salary. All applicable individuals have five years from the adoption date to meet these ownership levels.
Atlas Energy Solutions Inc. (AESI) filed an 8-K on 29 Jul 2025 announcing it has closed the acquisition of Propflow, LLC, described as a “leading provider of patented on-wellsite proppant filtration technology.” The disclosure is furnished under Item 7.01 (Regulation FD); therefore, it is not deemed “filed” for liability purposes. Supporting detail is contained in Exhibit 99.1 (press release) and Exhibit 104 (iXBRL cover page data). No purchase price, financing structure, or pro-forma financial impact was provided, and the filing contains no other material events.