Aris Water Solutions sees Q4 adjusted EBITDA of $41M to $4, below prior guidance

The company states: “We are very pleased with the progress the team has made year-to-date and we are on track to achieve the high-end of the Adjusted EBITDA guidance we provided at the beginning of the year and affirmed last quarter. As we look to the fourth quarter, we anticipate produced water volumes to be up approximately 2-3%, adjusting for the impact of the Martin County asset sale, and water solutions volumes to be down moderately sequentially versus the third quarter due to the pull-forward of activity we saw in the third quarter as well as potential seasonal year-end slowdowns.”