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

17.55

Mkt cap

2.2B

Volume

929K

High

17.89

P/E Ratio

32.22

52-wk high

26.86

Low

17.28

Div yield

0.05

52-wk low

16.98

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

Atlas Energy Solutions has revised its Q3 2024 guidance, expecting revenue between $300M-$310M and adjusted EBITDA of $70M-$75M, below previous estimates. The company will also book a $9M asset write-down.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 10:13 am

Shares of oil and gas companies are experiencing a decline due to reports that Saudi Arabia might increase its oil output.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 2:39 pm

Analysts have mixed views on Atlas Energy Solutions (NYSE:AESI) with recent ratings showing a slight bearish trend. The average 12-month price target has decreased by 4.24% to $26.17. Despite impressive revenue growth, the company faces challenges with profitability and returns.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 2:00 pm

Goldman Sachs analyst Neil Mehta maintains a Buy rating on Atlas Energy Solutions (NYSE:AESI) but lowers the price target from $28 to $25.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 1:43 pm

RBC Capital analyst Keith Mackey maintains an Outperform rating on Atlas Energy Solutions (NYSE:AESI) but lowers the price target from $27 to $26.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 3:40 pm

Six analysts have recently evaluated Atlas Energy Solutions (NYSE:AESI), providing a mix of bullish and somewhat bullish ratings. The average 12-month price target is $26.83, with a high of $28.00 and a low of $24.00. The company has shown strong revenue growth and profitability but has a lower return on equity compared to industry benchmarks.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 5:01 pm

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