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ARIS

Aris Water Solutions, Inc.

https://www.ariswater.com

Industry

Regulated Water

Aris Water Solutions, Inc., an environmental infrastructure and solutions company, provides water handling and recycling solutions. The company's produced water handling business gathers, transports, unless recycled, and handles produced water generated from oil and natural gas production. Its water solutions business develops and operates recycling facilities to treat, store, and recycle produced water. The company was founded in 2015 and is headquartered in Houston, Texas.

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Aris Water Solutions (NYSE:ARIS) reported Q2 earnings, beating estimates with an EPS of $0.29 versus $0.25 expected, and revenue of $101.12M, up $4.48M from last year. Despite the positive earnings, the stock price fell by 2.28% the next day. Competitors LanzaTech Global, Perma-Fix Envirn Servs, and Quest Resource Holding had mixed earnings results.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 9:20 pm

Aris Water Solutions (NYSE:ARIS) reported Q2 2024 earnings of $0.29 per share, beating the analyst estimate of $0.25 by 16%. Sales were $101.117 million, surpassing the $96.915 million estimate. This represents a 31.82% increase in EPS and a 4.64% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:35 pm

Shares of companies within the broader industrial sector are trading lower amid overall market weakness following weak US data.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:47 pm

In the last three months, 6 analysts have published ratings on Aris Water Solutions (NYSE:ARIS), showing a range of perspectives from bullish to bearish. The average 12-month price target has increased by 19.11% to $16.58. Analysts from Citigroup, Evercore ISI Group, Stifel, Goldman Sachs, and Wells Fargo have raised their price targets, reflecting positive sentiment towards the company's financial performance and growth prospects.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 7:00 pm

Citigroup analyst Spiro Dounis maintains a Buy rating on Aris Water Solutions (NYSE:ARIS) and raises the price target from $14 to $18.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 5:40 pm

Aris Water Solutions (NYSE:ARIS) surpassed Q1 earnings estimates with a 48.0% beat on EPS and a revenue increase of $11.84M from last year. Competitors LanzaTech Global, Enviri, and Perma-Fix Envirn Servs showed mixed results in their earnings, with Enviri outperforming expectations. Aris Water Solutions's stock price saw a 2.56% increase following the announcement.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 9:55 pm

Evercore ISI Group analyst Samantha Hoh maintains an Outperform rating on Aris Water Solutions and raises the price target from $16 to $20.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:44 pm

Aris Water Solutions (NYSE:ARIS) has been the subject of diverse analyst opinions over the last three months, with recent evaluations showing a bullish trend. The average 12-month price target for ARIS has risen to $15.1, marking a 13.53% increase from the previous target of $13.30. Analysts from firms like Stifel, Goldman Sachs, Wells Fargo, and Citigroup have raised their price targets, reflecting optimism about the company's performance and market position. Aris Water Solutions, an environmental infrastructure and solutions company, has shown notable financial performance with a revenue growth rate of 25.65% as of December 31, 2023, and impressive profitability metrics such as a net margin of 4.09% and ROE of 1.32%.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 2:01 pm

Stifel analyst Selman Akyol has maintained a Buy rating on Aris Water Solutions (NYSE:ARIS) and increased the price target from $17 to $20.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 1:56 pm

Aris Water Solutions (NYSE:ARIS) reported Q1 2024 adjusted EPS of $0.34, surpassing the $0.23 estimate, with a 47.83% beat. Sales reached $103.406M, exceeding the $96.516M forecast by 7.14%, marking a 12.92% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:46 pm

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