NEW YORK, Nov. 21, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Texas Pacific Land Corp. (NYSE:TPL) will replace Marathon Oil Corp. (NYSE:MRO) in the S&P 500, S&P SmallCap 600 constituent Mueller Industries Inc. (NYSE:MLI) will replace Texas Pacific Land in the S&P MidCap 400, and Atlas Energy Solutions Inc. (NYSE:AESI) will replace Mueller Industries in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, November 26. S&P 500 & 100 constituent ConocoPhillips (NYSE:COP) is acquiring Marathon Oil in a deal expected to close November 22, pending final closing conditions. Texas Pacific Land and Mueller Industries have company level market capitalizations that are more r

Atlas Energy Solutions Inc. (NYSE:AESI) ("Atlas" or the "Company") today reported financial and operating results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Total sales of $304.4 million Net income of $3.9 million (1% Net Income Margin) Adjusted EBITDA of $71.1 million (23% Adjusted EBITDA Margin) (1) Net cash provided by operating activities of $85.2 million Adjusted Free Cash Flow of $58.7 million (19% Adjusted Free Cash Flow Margin) (1) Commissioning activities for the Dune Express underway Declares increased quarterly dividend of $0.24 per share, payable November 14, 2024 Financial Summary .   Three Months Ended    

Atlas Energy Solutions Inc. (NYSE:AESI) ("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 sale

Atlas Energy Solutions Inc. (NYSE:AESI) ("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. "John will bring an invaluable perspective to the Board through his extensive experience as an executive in the oil and gas industry," said Ben M. "Bud" Brigham, Executive Chairman of the Board. "He has been a remarkable leader for Atlas since our founding, and his knowledge and decades of operational and financial leadership in the industry will benefit the Board and add

Atlas Energy Solutions Inc. (NYSE:AESI) ("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. John Turner, President and Chief Executive Officer, commented, "Chris has made tremendous contributions to Atlas's success over his time with our Company, including as Chief Supply Chain Officer. With his leadership, our organization has made great strides in enhancing profitability and operational efficiency. His innovative spirit and commitment to advancing Atlas's mission and strategy make him the right person to serve as our Chief Operating Officer." Mr. Scholla join

Atlas Energy Solutions Inc. (NYSE:AESI) ("Atlas" or the "Company") today reported financial and operating results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Total sales of $287.5 million Net income of $14.8 million (5% Net Income Margin) Adjusted EBITDA of $72.0 million (25% Adjusted EBITDA Margin) (1) Net cash provided by operating activities of $60.9 million Adjusted Free Cash Flow of $66.6 million (23% Adjusted Free Cash Flow Margin) (1) Dune Express construction remains on-time and on-budget Declares increased quarterly dividend of $0.23 per share, payable August 22, 2024 Financial Summary   Three Months Ended

Atlas Energy Solutions Inc. (NYSE:AESI) ("Atlas") and Kodiak Robotics, Inc. ("Kodiak") today announced that the two companies have entered into an agreement whereby Kodiak will outfit new Atlas high-capacity trucks with Kodiak's autonomous driving technology. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240723398477/en/The Kodiak partnership is another example of the unique culture of innovation that is pervasive inside our organization (Photo: Business Wire) The two companies have already completed their first driverless delivery of frac sand in West Texas's Permian Basin. The 21-mile delivery transported Atlas's high-quality

Atlas Energy Solutions Inc. (NYSE:AESI) ("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. A live webcast will be available at https://ir.atlas.energy/. Please join the webcast at least 10 minutes ahead of the start time to ensure a proper connection and registration. An archived version of the second quarter 2024 earnings materials will be made available on the Company's website. About Atlas Energy Solutions Atlas Energy Solutions Inc. i

Atlas Energy Solutions Inc. (NYSE:AESI) ("Atlas" or the "Company") today announced the appointment of Brian McConn as Executive Vice President, Sales and Marketing. "We are excited to welcome Brian to our leadership team," said John Turner, President and Chief Executive Officer. "Brian brings broad industry knowledge, leadership, and experience in directing sales organizations through the market cycle, which will be invaluable to us under our recently broadened customer-focused offering." Mr. McConn is a seasoned executive with more than 10 years of experience leading the commercial strategy for large organizations and helping them pivot into new markets. Prior to joining the Company, M

Atlas Energy Solutions Inc. (NYSE:AESI) ("Atlas" or the "Company") today reported financial and operating results for the quarter ended March 31, 2024. First Quarter 2024 Highlights Total sales of $192.7 million Net income of $26.8 million (14% Net Income Margin) Adjusted EBITDA of $75.5 million (39% Adjusted EBITDA Margin) (1) Net cash provided by operating activities of $39.6 million Adjusted Free Cash Flow of $71.1 million (37% Adjusted Free Cash Flow Margin) (1) Dune Express construction remains on-time and on-budget Declares increased quarterly dividend of $0.22 per share ($0.16 per share fixed, $0.06 per share variable), payable May 23, 2024 Financial Summary

NEW YORK, Nov. 21, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Texas Pacific Land Corp. (NYSE:TPL) will replace Marathon Oil Corp. (NYSE:MRO) in the S&P 500, S&P SmallCap 600 constituent Mueller Industries Inc. (NYSE:MLI) will replace Texas Pacific Land in the S&P MidCap 400, and Atlas Energy Solutions Inc. (NYSE:AESI) will replace Mueller Industries in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, November 26. S&P 500 & 100 constituent ConocoPhillips (NYSE:COP) is acquiring Marathon Oil in a deal expected to close November 22, pending final closing conditions. Texas Pacific Land and Mueller Industries have company level market capitalizations that are more r

Atlas Energy Solutions Inc. (NYSE:AESI) ("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. John Turner, President and Chief Executive Officer, commented, "Chris has made tremendous contributions to Atlas's success over his time with our Company, including as Chief Supply Chain Officer. With his leadership, our organization has made great strides in enhancing profitability and operational efficiency. His innovative spirit and commitment to advancing Atlas's mission and strategy make him the right person to serve as our Chief Operating Officer." Mr. Scholla join

Atlas Energy Solutions Inc. (NYSE:AESI) ("Atlas" or the "Company") today announced the appointment of Brian McConn as Executive Vice President, Sales and Marketing. "We are excited to welcome Brian to our leadership team," said John Turner, President and Chief Executive Officer. "Brian brings broad industry knowledge, leadership, and experience in directing sales organizations through the market cycle, which will be invaluable to us under our recently broadened customer-focused offering." Mr. McConn is a seasoned executive with more than 10 years of experience leading the commercial strategy for large organizations and helping them pivot into new markets. Prior to joining the Company, M

Atlas Energy Solutions Inc. (NYSE:AESI) ("Atlas" or the "Company") today announced the appointment of Blake McCarthy as Chief Financial Officer, to be effective May 13, 2024. John Turner, President and Chief Executive Officer, commented, "We are very excited to have Blake join the Atlas team. His experience in integration, operations, and acquisitions, coupled with his deep understanding of financial markets and the oilfield service industry are a welcome addition to the Company." Mr. McCarthy is a seasoned executive with more than 15 years of experience serving in various oil and gas finance, investing, and public company roles. Prior to joining the Company, Mr. McCarthy has spent seve

Atlas Energy Solutions Inc. (NYSE:AESI) ("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. Mr. Howard serves as Chairman and CEO of Howard Midstream Energy Partners, LLC ("HEP"), a diverse, multibillion-dollar energy company operating critical energy infrastructure in four states and Mexico. With more than 28 years of midstream energy experience, Mr. Howard has passionately led a purpose driven organization through some of the most challenging times in the oil and gas industry. "We are pleased to add Mike to the Atlas Board of Dir

Citigroup downgraded Atlas Energy Solutions from Buy to Neutral and set a new price target of $22.00 from $23.00 previously

Barclays downgraded Atlas Energy Solutions from Overweight to Equal Weight and set a new price target of $19.00 from $23.00 previously

Goldman downgraded Atlas Energy Solutions from Buy to Neutral and set a new price target of $21.00 from $23.00 previously

Pickering Energy Partners downgraded Atlas Energy Solutions from Outperform to Neutral

Tudor, Pickering, Holt & Co. initiated coverage of Atlas Energy Solutions with a rating of Buy

The Benchmark Company initiated coverage of Atlas Energy Solutions with a rating of Buy and set a new price target of $27.00

Goldman resumed coverage of Atlas Energy Solutions with a rating of Buy and set a new price target of $24.00

Johnson Rice initiated coverage of Atlas Energy Solutions with a rating of Buy and set a new price target of $24.00

CapitalOne initiated coverage of Atlas Energy Solutions with a rating of Overweight and set a new price target of $25.00

BofA Securities initiated coverage of Atlas Energy Solutions with a rating of Buy

4 - Atlas Energy Solutions Inc. (0001984060) (Issuer)

4 - Atlas Energy Solutions Inc. (0001984060) (Issuer)

4 - Atlas Energy Solutions Inc. (0001984060) (Issuer)

4 - Atlas Energy Solutions Inc. (0001984060) (Issuer)

4 - Atlas Energy Solutions Inc. (0001984060) (Issuer)

4 - Atlas Energy Solutions Inc. (0001984060) (Issuer)

4 - Atlas Energy Solutions Inc. (0001984060) (Issuer)

4 - Atlas Energy Solutions Inc. (0001984060) (Issuer)

4 - Atlas Energy Solutions Inc. (0001984060) (Issuer)

4 - Atlas Energy Solutions Inc. (0001984060) (Issuer)

SC 13G/A - Atlas Energy Solutions Inc. (0001984060) (Subject)

SC 13G/A - Atlas Energy Solutions Inc. (0001984060) (Subject)

Kodiak will outfit new Atlas high-capacity trucks with Kodiak's autonomous driving technology.

Atlas Energy Solutions (NYSE:AESI) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 1 0 0 0 Last 30D 1 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 2 0 0 0 0 3M Ago 0 0 0 0 0 Analysts have recently evaluated Atlas Energy Solutions and provided 12-month price targets. The average target is $26.5, accompanied by a high estimate of $28.00 and a low estimate of $24.00. Marking an incre

B of A Securities analyst Chase Mulvehill maintains Atlas Energy Solutions (NYSE:AESI) with a Buy and lowers the price target from $25 to $24.

Piper Sandler analyst Luke Lemoine maintains Atlas Energy Solutions (NYSE:AESI) with a Overweight and lowers the price target from $29 to $27.

Gainers Tetra Technologies (NYSE:TTI) stock rose 4.9% to $3.63 during Tuesday's after-market session. The market value of their outstanding shares is at $476.0 million. TXO Partners (NYSE:TXO) shares increased by 4.84% to $21.02. The company's market cap stands at $650.3 million. Comstock (AMEX:LODE) stock rose 4.53% to $0.23. The market value of their outstanding shares is at $32.4 million. Enservco (AMEX:ENSV) stock moved upwards by 3.94% to $0.26. The company's market cap stands at $7.0 million. Enviva (NYSE:EVA) stock rose 3.31% to $0.58. The company's market cap stands at $43.1 million. FutureFuel (NYSE:FF) shares rose 2.06% to $4.45. The market value of their outstanding shares i

Goldman Sachs analyst Neil Mehta maintains Atlas Energy Solutions (NYSE:AESI) with a Buy and raises the price target from $25 to $28.

In the last three months, 5 analysts have published ratings on Atlas Energy Solutions (NYSE:AESI), offering a diverse range of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 2 0 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 1 2 0 0 0 Analysts have recently evaluated Atlas Energy Solutions and provided 12-month price targets. The average target is $25.8, accompanied by a high estimate of $27.00 and a low estimate of $24.00. Obs

Benchmark analyst Kurt Hallead initiates coverage on Atlas Energy Solutions (NYSE:AESI) with a Buy rating and announces Price Target of $27.