Streetbeat News

AESI

Atlas Energy Solutions Inc.

https://atlas.energy

Industry

Oil & Gas Equipment & Services

Atlas Energy Solutions Inc. provides proppant and logistics services to the oil and natural gas industry within the Permian Basin of West Texas and New Mexico. The company was founded in 2017 and is based in Austin, Texas.

Open

22.51

Mkt cap

2.4B

Volume

862K

High

22.98

P/E Ratio

31.06

52-wk high

24.93

Low

21.26

Div yield

0.04

52-wk low

15.55

Brigham Exploration (BEXP) has acquired Great Western Drilling Ltd.'s non-operated assets in the Permian Basin, covering Texas and New Mexico.

Portfolio Pulse from

December 17, 2024 | 5:15 pm

RBC Capital analyst Keith Mackey has reiterated an Outperform rating for Atlas Energy Solutions (NYSE:AESI) and maintained a $25 price target.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 2:58 pm

Atlas Energy Solutions announced a dividend increase from $0.15 to $0.24 per share and a $200 million share buyback program, leading to a rise in its stock price.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 1:51 pm

Atlas Energy Solutions reported a significant drop in Q3 2024 earnings per share to $0.04 from $0.51 YoY, with sales of $304.434M missing estimates by 1.25%. Despite the earnings drop, sales increased by 93.15% compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 8:41 pm

Atlas Energy Solutions has increased its dividend from $0.15 to $0.24 per share and authorized a $200 million share buyback program.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 8:29 pm

Atlas Energy Solutions (NYSE:AESI) is set to announce its quarterly earnings on October 28, 2024. Analysts estimate an EPS of $0.40. The company's past performance showed a share price increase despite missing EPS estimates. Analysts rate AESI as 'Outperform' with a price target suggesting a 30.77% upside. The company's revenue growth is strong, but profitability metrics like net margin and ROE are below industry averages.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 4:03 pm

Barclays analyst Derek Podhaizer maintains an Overweight rating on Atlas Energy Solutions (NYSE:AESI) but lowers the price target from $26 to $23.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 7:25 pm

Atlas Energy Solutions (NYSE:AESI) has been analyzed by 7 analysts, showing a range of opinions from bullish to bearish. The average 12-month price target is $26.0, down from $27.14. Analysts have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Despite a positive revenue trend, Atlas Energy Solutions faces challenges with net margin, ROE, and ROA below industry averages.

Portfolio Pulse from Benzinga Insights

October 11, 2024 | 9:00 pm

RBC Capital analyst Keith Mackey maintains an Outperform rating on Atlas Energy Solutions (NYSE:AESI) but lowers the price target from $26 to $25.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 4:33 pm

Atlas Energy shares declined as the company provided Q3 revenue guidance that fell short of estimates.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 2:45 pm

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