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Articles from Atlas Energy Solutions Inc.

Atlas Energy Solutions Announces Pricing of Upsized Underwritten Public Offering of Common Stock
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced the pricing of an upsized underwritten public offering (the “Offering”) of an aggregate of 11,500,000 shares of its common stock, par value $0.01 per share (“common stock”), at a public offering price of $23.00 per share, for total gross proceeds of $264.5 million. In connection with the Offering, the Company has granted the underwriters the option to purchase up to an additional 1,725,000 shares of common stock on the same terms and conditions within 30 days.
By Atlas Energy Solutions Inc. · Via Business Wire · January 30, 2025
Atlas Energy Solutions Announces Commencement of Underwritten Public Offering of Common Stock
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced the commencement of an underwritten public offering (the “Offering”) of an aggregate of 10,000,000 shares of its common stock, par value $0.01 per share (“common stock”).
By Atlas Energy Solutions Inc. · Via Business Wire · January 30, 2025
Atlas Energy Solutions Inc. Announces Agreement to Acquire Moser Energy Systems and Provides Preliminary Fourth Quarter and Year-End 2024 Results
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced that it has entered into a definitive agreement to acquire all of the outstanding capital stock of Moser Acquisition, Inc. (“Moser Energy Systems” or “Moser”), a leading provider of distributed power solutions, in a transaction valued at $220 million (the “Moser Acquisition”).
By Atlas Energy Solutions Inc. · Via Business Wire · January 27, 2025
Kodiak Delivers Customer-Owned Autonomous RoboTrucks to Atlas Energy Solutions, Completes 100 Loads of Proppant with First-Ever Driverless Commercial Semi-Truck Service
Kodiak Robotics, Inc., a leading autonomous truck developer, and Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas”) today announced that Atlas has completed the delivery of 100 loads of proppant with its two RoboTrucks, semi-trucks equipped with the Kodiak Driver, Kodiak’s self-driving system. This milestone marks the first time ever that a customer has taken ownership of a RoboTruck and launched driverless commercial semi-trucking operations. The initial driverless operations, which were announced in July 2024, involved Kodiak delivering Atlas’s frac sand along a 21-mile off-road route in West Texas’s Permian Basin with Kodiak-owned driverless trucks. With Kodiak providing the self-driving technology for these initial Atlas-owned RoboTrucks, Atlas is now able to complete its own driverless deliveries across the 75,000 square mile Permian Basin in West Texas and Eastern New Mexico. This sets Kodiak apart as the first company in the autonomous trucking industry to launch commercial driverless trucking operations.
By Atlas Energy Solutions Inc. · Via Business Wire · January 24, 2025
Atlas Announces Timing of Fourth Quarter & Year End 2024 Earnings Release and Conference Call
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced that it will issue its fourth quarter and year end 2024 earnings release after market close on Monday, February 24, 2025, and will host a conference call to discuss financial and operational results at 9:00am Central Time (10:00am Eastern Time) on Tuesday, February 25, 2025.
By Atlas Energy Solutions Inc. · Via Business Wire · January 23, 2025
Atlas Energy Solutions Announces First Commercial Delivery off the Dune Express
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced the first commercial delivery of sand off the Dune Express. On the early morning of Sunday, January 12th, a commercial proppant delivery occurred at our End-of-Line facility utilizing the 42-mile Dune Express conveyor system. The sand was originally produced and placed onto the Dune Express at our Kermit facility and traveled 42-miles to our End-of-Line loadout facility in New Mexico.
By Atlas Energy Solutions Inc. · Via Business Wire · January 13, 2025
Atlas Energy Solutions Announces Third Quarter 2024 Results; Increases Quarterly Dividend and Announces Authorization for $200mm Share Buyback Program
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today reported financial and operating results for the third quarter ended September 30, 2024.
By Atlas Energy Solutions Inc. · Via Business Wire · October 28, 2024
Atlas Energy Solutions Announces Commissioning of the Dune Express and Provides Third Quarter 2024 Operational Update
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced that the commissioning of the Dune Express, a 42-mile long, fully electric conveyor system that is expected to transform proppant logistics in the Permian Basin, began early this week. The system remains on-time and on-budget with the commercial transportation of proppant into the Delaware Basin scheduled to begin in late Q4. Additionally, the Company expects higher plant operating expenses to cause third quarter 2024 operating results to fall below prior guidance. The Company now expects third quarter 2024 revenue will be between $300 and $310 million with adjusted EBITDA of $70 to $75 million. Proppant sales volumes are expected to be approximately 6.0 million tons. The Company also expects to book an asset write-down of approximately $9 million related to one of its dredge mining assets.
By Atlas Energy Solutions Inc. · Via Business Wire · October 10, 2024
Atlas Energy Solutions Announces Election of CEO John Turner to Board of Directors
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced that on August 22, 2024, the Company’s Board of Directors (the “Board”) increased the size of the Board from eight members to nine and elected John Turner, the Company’s current Chief Executive Officer, to the Board, effective immediately.
By Atlas Energy Solutions Inc. · Via Business Wire · August 26, 2024
Atlas Energy Solutions Announces Appointment of Chris Scholla as Chief Operating Officer
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced the appointment of Chris Scholla, the Company’s current Chief Supply Chain Officer, as Chief Operating Officer effective August 5, 2024.
By Atlas Energy Solutions Inc. · Via Business Wire · August 5, 2024
Atlas Energy Solutions Announces Second Quarter 2024 Results; Increases Quarterly Dividend
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today reported financial and operating results for the second quarter ended June 30, 2024.
By Atlas Energy Solutions Inc. · Via Business Wire · August 5, 2024
Atlas Announces Timing of Second Quarter 2024 Earnings Release and Conference Call
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced that it will issue its second quarter 2024 earnings release after market close on Monday, August 5, 2024, and will host a conference call to discuss financial and operational results at 9:00am Central Time (10:00am Eastern Time) on Tuesday, August 6, 2024.
By Atlas Energy Solutions Inc. · Via Business Wire · June 17, 2024
Atlas Energy Solutions Welcomes Brian McConn as Executive Vice President, Sales & Marketing
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced the appointment of Brian McConn as Executive Vice President, Sales and Marketing.
By Atlas Energy Solutions Inc. · Via Business Wire · May 30, 2024
Atlas Energy Solutions Announces First Quarter 2024 Results; Increases Quarterly Dividend
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today reported financial and operating results for the quarter ended March 31, 2024.
Atlas Energy Solutions Announces Appointment of Blake McCarthy as Chief Financial Officer
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced the appointment of Blake McCarthy as Chief Financial Officer, to be effective May 13, 2024.
Kermit Facility Operational Update
As previously reported, on Sunday, April 14th, a mechanical fire occurred at the Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) mine in Kermit, Texas. Atlas remains grateful that all personnel at the site, including Company employees and contractors, are safe, that no injuries occurred or environmental impacts have been reported, and for the exceptional work of the first responders.
By Atlas Energy Solutions Inc. · Via Business Wire · April 18, 2024
Operational Update
Yesterday at approximately noon CDT, April 14th, a fire occurred at the Atlas Energy Solutions Inc. (“Atlas” or the “Company”) mine in Kermit, Texas. Atlas is grateful that all personnel at the site, including Company employees and contractors, are safe and that no injuries or environmental impacts occurred. We appreciate and thank the regional emergency responders who quickly responded.
By Atlas Energy Solutions Inc. · Via Business Wire · April 15, 2024
Atlas Announces Timing of First Quarter 2024 Earnings Release and Conference Call
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced that on Monday, May 6, 2024, it will issue its first quarter 2024 earnings release before market open and will host a conference call to discuss financial and operational results at 9:00am Central Time (10:00am Eastern Time).
By Atlas Energy Solutions Inc. · Via Business Wire · April 8, 2024
Atlas Energy Solutions Inc. Completes Previously Announced Acquisition of Hi-Crush Inc. And Announces Promotion of John Turner to CEO
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced the completion of the acquisition of Hi-Crush Inc. (“Hi-Crush”). The transaction strengthens Atlas’s position as the largest proppant producer in the country, with a total combined annual production capacity of ~28 million tons per year, and an industry leading provider of proppant logistics in the Permian Basin. This acquisition brings together two of the leading innovators in the Permian proppant space and broadens Atlas’s logistics offering through the addition of Pronghorn, a leading multi-basin provider of proppant logistics and wellsite services. The combined logistics offerings are expected to drive significant operational efficiencies.
By Atlas Energy Solutions Inc. · Via Business Wire · March 5, 2024
Atlas Energy Solutions Announces Fourth Quarter and Year End 2023 Results; Signs Transformative Agreement to Acquire Hi-Crush Inc.
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today reported financial and operating results for the fiscal year ended December 31, 2023.
By Atlas Energy Solutions Inc. · Via Business Wire · February 27, 2024
Atlas Energy Solutions Inc. to Acquire Hi-Crush Inc., Creating the Largest Proppant Producer in the Country and an Industry Leading Logistics Provider
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced that it has entered into a definitive agreement with Hi Crush Inc. ("Hi-Crush") to acquire all of Hi-Crush’s Permian Basin proppant production assets and North American logistics operations in a transaction valued at $450 million (1).
By Atlas Energy Solutions Inc. · Via Business Wire · February 27, 2024
Atlas Energy Solutions Appoints Mike Howard to its Board of Directors
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced that the Board of Directors (the “Board”) has appointed Mike Howard to serve as a member of the Board and the Company’s Nominating and Corporate Governance Committee.
By Atlas Energy Solutions Inc. · Via Business Wire · February 13, 2024
Atlas Energy Solutions Announces 5% Increase in Quarterly Cash Dividend
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced that the Board of Directors (the “Board) has declared a dividend of $0.21 per outstanding share of Atlas common stock, to be paid on February 29, 2024, to holders of record of our common stock at the close of business on February 22, 2024. This represents a 5% increase from the prior quarter’s dividend.
By Atlas Energy Solutions Inc. · Via Business Wire · February 8, 2024
Atlas Announces Timing of Fourth Quarter & Year End 2023 Earnings Release and Conference Call
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced that on Tuesday, February 27, 2024, it will issue its fourth quarter and year end 2023 earnings release before market open and will host a conference call to discuss financial and operational results at 8:00am Central Time (9:00am Eastern Time).
By Atlas Energy Solutions Inc. · Via Business Wire · January 29, 2024
Atlas Energy Solutions Announces Third Quarter 2023 Results
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today reported financial and operating results for the third quarter of 2023.
By Atlas Energy Solutions Inc. · Via Business Wire · October 30, 2023
Atlas Announces Timing of Third Quarter 2023 Earnings Release and Conference Call
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced that it will issue its third quarter 2023 earnings release after market close on Monday, October 30, 2023. The Company will host a conference call to discuss financial and operational results on Tuesday, October 31, 2023, at 9:00am Central Time (10:00am Eastern Time).
By Atlas Energy Solutions Inc. · Via Business Wire · October 3, 2023
Atlas Energy Solutions Inc. Completes Previously Announced Up-C Simplification
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced the closing of the previously announced corporate reorganization transaction (the “Up-C Simplification”). As the result of the Up-C Simplification, the Company begins trading tomorrow under the same ticker NYSE: AESINYSEAESI)
By Atlas Energy Solutions Inc. · Via Business Wire · October 2, 2023
Atlas Energy Solutions Inc. Announces Effectiveness of Registration Statement on Form S-4 in Connection with Previously Announced Up-C Simplification
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced the effectiveness of the registration statement on Form S-4 (the “Registration Statement”) filed by New Atlas HoldCo Inc., a Delaware corporation and wholly owned subsidiary of the Company (“New Atlas”), in connection with the with the Company’s previously announced Up-C Simplification (as defined below), as well as the subsequent approval of the Up-C Simplification by holders of a majority of the voting power of the Company’s Class A common stock, par value $0.01 per share (the “Class A common stock), and Class B common stock, par value $0.01 per share (the “Class B common stock, and, together with the Class A common stock, “common stock”).
By Atlas Energy Solutions Inc. · Via Business Wire · September 13, 2023
Atlas Energy Solutions Announces Second Quarter 2023 Results, Increases Dividend by 33%
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today reported financial and operating results for the second quarter of 2023.
By Atlas Energy Solutions Inc. · Via Business Wire · July 31, 2023
Atlas Energy Solutions to Present at the 2023 RBC Global Energy, Power & Infrastructure Conference
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced that the Company will deliver a presentation at the 2023 RBC Global Energy, Power & Infrastructure Conference in New York, NY, on Tuesday, June 6th, 2023.
By Atlas Energy Solutions Inc. · Via Business Wire · June 5, 2023
Atlas Announces Timing of Second Quarter 2023 Earnings Release and Conference Call
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced that it will issue its second quarter 2023 earnings release after market close on Monday, July 31, 2023. The Company will host a conference call to discuss financial and operational results on Tuesday, August 1, 2023, at 9:00am Central Time (10:00am Eastern Time).
By Atlas Energy Solutions Inc. · Via Business Wire · May 15, 2023
Atlas Energy Solutions Announces First Quarter 2023 Results
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today reported financial and operating results for the first quarter of 2023.
Atlas Announces Time Change for its First Quarter 2023 Conference Call
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) announced the rescheduling of its first quarter 2023 conference call. The Company will now host a conference call to discuss financial and operational results on Tuesday, May 9, 2023, at 8:00am Central Time (9:00am Eastern Time).
By Atlas Energy Solutions Inc. · Via Business Wire · April 18, 2023
Atlas Announces Timing of First Quarter 2023 Earnings Release and Conference Call
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today announced that it will issue its first quarter 2023 earnings release after market close on Monday, May 8, 2023. The Company will host a conference call to discuss financial and operational results on Tuesday, May 9, 2023, at 8:45am Central Time (9:45am Eastern Time).
By Atlas Energy Solutions Inc. · Via Business Wire · April 18, 2023
Atlas Energy Solutions Inc. Prices Initial Public Offering
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas”) announced today the pricing of its initial public offering of 18,000,000 shares of its Class A common stock (“common stock”) at $18.00 per share. The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol “AESI” on March 9, 2023. In addition, Atlas granted the underwriters a 30-day option to purchase up to an additional 2,700,000 shares of its common stock. The offering is expected to close on March 13, 2023, subject to customary closing conditions.
By Atlas Energy Solutions Inc. · Via Business Wire · March 8, 2023
Atlas Energy Solutions Inc. Launches Initial Public Offering
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas”) announced today that it has launched an initial public offering of 18,000,000 shares of its Class A common stock (“Common Stock”) at an anticipated initial offering price between $20.00 and $23.00 per share pursuant to a registration statement on Form S-1 previously filed with the Securities and Exchange Commission (the “SEC”). In addition, Atlas intends to grant the underwriters a 30-day option to purchase up to an additional 2,700,000 shares of its Common Stock. The shares have been authorized for listing on the New York Stock Exchange under the ticker symbol “AESI,” subject to official notice of issuance.
By Atlas Energy Solutions Inc. · Via Business Wire · February 28, 2023