Citigroup initiated coverage on Aris Water Solutions with a new price target
$ARIS
Oilfield Services/Equipment
Energy
Citigroup initiated coverage of Aris Water Solutions with a rating of Buy and set a new price target of $20.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/15/2025 | $25.00 → $27.00 | Outperform → In-line | Evercore ISI |
| 1/8/2025 | $18.00 → $26.00 | Buy → Neutral | Citigroup |
| 11/6/2024 | $19.00 → $22.00 | Overweight → Neutral | JP Morgan |
| 12/13/2023 | $15.00 | Buy | Seaport Research Partners |
| 10/6/2023 | $13.00 | Buy | Goldman |
| 12/16/2022 | $20.00 → $17.00 | Overweight → Equal Weight | Wells Fargo |
| 12/9/2022 | $20.00 | Buy | Citigroup |
| 7/14/2022 | $24.00 | Outperform | Evercore ISI |
Aris Water Solutions, Inc. (NYSE:ARIS) ("Aris," "Aris Water," or the "Company") today announced financial and operating results for the first quarter ended March 31, 2025. FIRST QUARTER 2025 HIGHLIGHTS Achieved record volumes for both Produced Water Handling and Water Solutions Produced Water Handling volumes grew 7% sequentially and 3% year-over-year Recycled water volumes grew 3% sequentially and 41% year-over-year Achieved first quarter 2025 net income of $16.0 million Generated Adjusted EBITDA1 of $56.5 million for the first quarter of 2025, up 4% sequentially and 6% year-over year Strengthened financial profile through successful senior notes refinancing Moody's Ratings
Aris Water Solutions, Inc. (NYSE:ARIS) ("Aris", "Aris Water" or the "Company") announced today that it will host a conference call to discuss its first quarter 2025 results on Wednesday, May 7, 2025, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Aris will issue its first quarter 2025 earnings release after market close on May 6, 2025. Participants should call (877) 407-5792 and refer to Aris Water Solutions, Inc. when dialing in. Participants are encouraged to log in to the webcast or dial in to the conference call approximately ten minutes prior to the start time. To listen via live webcast, please visit the Investor Relations section of the Company's website, www.ariswater.com. An
Aris Water Solutions, Inc. (NYSE:ARIS) ("Aris") today announced that Aris Water Holdings, LLC (the "Issuer"), a subsidiary of Aris, has priced its offering (the "Offering") of $500 million aggregate principal amount of 7.250% Senior Notes due 2030 (the "Notes"). The Notes will mature on April 1, 2030 and will be issued at par. The Offering is expected to close on March 25, 2025, subject to customary closing conditions. The Offering was upsized to $500 million in aggregate principal amount of Notes from the original offering size of $400 million in aggregate principal amount of Notes. The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by all of the Issuer's ex