Encompass Capital reports 5.24% Atlas Energy stake in joint SEC filing (AESI)

Rhea-AI Filing Summary

Encompass Capital Advisors LLC, Todd J. Kantor and Encompass Capital Partners LLC report significant beneficial ownership positions in Atlas Energy Solutions Inc. common stock. Encompass Capital Advisors LLC and Todd J. Kantor each report beneficial ownership of 6,540,322 shares, representing 5.24% of the outstanding common stock, while Encompass Capital Partners LLC reports beneficial ownership of 5,197,896 shares, representing 4.16% of the class.

All three reporting persons indicate no sole voting or dispositive power and instead report shared voting and shared dispositive power over their respective share amounts. The parties have entered into a joint filing agreement so that this Schedule 13G/A is filed on behalf of each of them under Rule 13d-1(k).

Key Figures

Shares beneficially owned (Advisors LLC): 6,540,322 shares Ownership percentage (Advisors LLC): 5.24% Shares beneficially owned (Kantor): 6,540,322 shares +5 more

8 metrics

Shares beneficially owned (Advisors LLC) 6,540,322 shares Beneficial ownership reported by Encompass Capital Advisors LLC

Ownership percentage (Advisors LLC) 5.24% Percent of Atlas Energy Solutions Inc. common stock class

Shares beneficially owned (Kantor) 6,540,322 shares Beneficial ownership reported by Todd J. Kantor

Shares beneficially owned (Partners LLC) 5,197,896 shares Beneficial ownership reported by Encompass Capital Partners LLC

Ownership percentage (Partners LLC) 4.16% Percent of Atlas Energy Solutions Inc. common stock class

Sole voting power (all reporters) 0 shares Each reporting person reports no sole voting power

Shared voting power (Advisors LLC & Kantor) 6,540,322 shares Shares over which voting power is shared

Shared voting power (Partners LLC) 5,197,896 shares Shares over which voting power is shared

Key Terms

beneficially owned, shared voting power, shared dispositive power, percent of class, +1 more

5 terms

beneficially owned financial

"Amount beneficially owned: Encompass Capital Advisors LLC 6,540,322 Todd J. Kantor 6,540,322"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

shared voting power financial

"Shared Voting Power 6,540,322.00 7 | Sole Dispositive Power 0.00 8 | Shared Dispositive Power"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

shared dispositive power financial

"Shared Dispositive Power 6,540,322.00 9 6,540,322.00 10 11 5.24 %"

percent of class financial

"Percent of class: Encompass Capital Advisors LLC 5.24% Todd J. Kantor 5.24%"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

Rule 13d-1(k) regulatory

"filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k)"

FAQ

What ownership in Atlas Energy Solutions Inc. (AESI) does Encompass Capital Advisors report?

Encompass Capital Advisors LLC reports beneficial ownership of 6,540,322 shares of Atlas Energy Solutions Inc. common stock, representing 5.24% of the class, with shared voting and dispositive power over all of those shares and no sole voting or dispositive power.

How many Atlas Energy Solutions Inc. (AESI) shares does Todd J. Kantor beneficially own?

Todd J. Kantor reports beneficial ownership of 6,540,322 shares of Atlas Energy Solutions Inc. common stock, equal to 5.24% of the outstanding class, with shared voting and shared dispositive power and no sole authority over voting or disposition.

What stake in AESI does Encompass Capital Partners LLC disclose?

Encompass Capital Partners LLC reports beneficial ownership of 5,197,896 shares of Atlas Energy Solutions Inc. common stock, representing 4.16% of the class, and indicates it has shared voting and shared dispositive power over all such shares, with no sole power.

Do the Encompass entities and Todd J. Kantor have sole voting power over AESI shares?

No. Encompass Capital Advisors LLC, Todd J. Kantor, and Encompass Capital Partners LLC each report 0 shares with sole voting power and 0 shares with sole dispositive power; all reported authority over AESI shares is described as shared voting and shared dispositive power.

Why are Encompass and Todd J. Kantor filing jointly with respect to AESI?

They have executed a joint filing agreement stating that the Schedule 13G/A, and any amendments, are filed on behalf of each of them pursuant to Rule 13d-1(k), reflecting coordinated reporting of their beneficial ownership in Atlas Energy Solutions Inc.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/14/2026 - 04:20 PM Accepted by SEC EDGAR 08/14/2026 - 04:14 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Atlas Energy Solutions Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

642045108

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 642045108

1

Names of Reporting Persons

Encompass Capital Advisors LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 6,540,322.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 6,540,322.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,540,322.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.24 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP Number(s): 642045108

1

Names of Reporting Persons

Todd J. Kantor

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 6,540,322.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 6,540,322.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,540,322.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.24 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

CUSIP Number(s): 642045108

1

Names of Reporting Persons

Encompass Capital Partners LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 5,197,896.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 5,197,896.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,197,896.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.16 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Atlas Energy Solutions Inc.
(b)	Address of issuer's principal executive offices: 5918 West Courtyard Drive Suite 500 Austin, TX 78730
Item 2.
(a)	Name of person filing: Encompass Capital Advisors LLC Todd J. Kantor Encompass Capital Partners LLC
(b)	Address or principal business office or, if none, residence: Encompass Capital Advisors LLC is 200 Park Avenue, Suite 1604, New York, NY 10166 Todd J. Kantor is c/o Encompass Capital Advisors LLC, 200 Park Avenue, Suite 1604, New York, NY 10166 Encompass Capital Partners LLC is 200 Park Avenue, Suite 1604, New York, NY 10166
(c)	Citizenship: Encompass Capital Advisors LLC is a Delaware Limited Liability Company Todd J. Kantor is a US citizen Encompass Capital Partners LLC is a Delaware Limited Liability Company
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 642045108
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Encompass Capital Advisors LLC 6,540,322 Todd J. Kantor 6,540,322 Encompass Capital Partners LLC 5,197,896
(b)	Percent of class: Encompass Capital Advisors LLC 5.24% Todd J. Kantor 5.24% Encompass Capital Partners LLC 4.16%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Encompass Capital Advisors LLC 0 Todd J. Kantor 0 Encompass Capital Partners LLC 0
	(ii) Shared power to vote or to direct the vote: Encompass Capital Advisors LLC 6,540,322 Todd J. Kantor 6,540,322 Encompass Capital Partners LLC 5,197,896
	(iii) Sole power to dispose or to direct the disposition of: Encompass Capital Advisors LLC 0 Todd J. Kantor 0 Encompass Capital Partners LLC 0
	(iv) Shared power to dispose or to direct the disposition of: Encompass Capital Advisors LLC 6,540,322 Todd J. Kantor 6,540,322 Encompass Capital Partners LLC 5,197,896
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Encompass Capital Advisors LLC

Signature:	Todd J. Kantor
Name/Title:	Todd J. Kantor | Managing Member
Date:	08/14/2026

Todd J. Kantor

Signature:	Todd J. Kantor
Name/Title:	Todd J. Kantor | Self
Date:	08/14/2026

Encompass Capital Partners LLC

Signature:	Todd J. Kantor
Name/Title:	Todd J. Kantor | Managing Member
Date:	08/14/2026

Exhibit Information

JOINT FILING AGREEMENT The undersigned hereby agree that the statement on SCHEDULE 13G with respect to the shares of Common Stock of Atlas Energy Solutions Inc., dated as of August 14, 2026 is, and any amendments thereto signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. Date: August 14, 2026 Encompass Capital Advisors LLC By: Todd J. Kantor Name: Todd J. Kantor Title: Managing Member Todd J. Kantor By: Todd J. Kantor Name: Todd J. Kantor Encompass Capital Partners LLC By: Todd J. Kantor Name: Todd J. Kantor Title: Managing Member