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.
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”).
Atlas Energy Solutions to acquire Moser Energy Systems for $220M. Deal expected to close by Q1 2025, creating diversified energy provider with estimated $40-45M in 2025 adjusted EBITDA. SDVD offers exposure to the stock.
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”).
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.
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.
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.
Atlas Energy Solutions Inc. (NYSEAES) is North America’s largest proppant producer used in hydraulic fracturing or "fracking" for oil and gas extraction.
Atlas Energy Solutions Inc. (NYSEAESI) (“Atlas” or the “Company”) today reported financial and operating results for the third quarter ended September 30, 2024.
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.
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.
AESI stock results show that Atlas Energy Solutions missed analyst estimates for earnings per share but beat on revenue for the second quarter of 2024.
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.
