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Aris Water Solutions (ARIS)
NYSE:ARIS
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Earnings Data
Report Date
Mar 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.32Last Year’s EPS
$0.26Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 04, 2024
|% Change Since: 46.11%
|Next Earnings Date:Mar 04, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong growth in water volumes, improved operating margins, and a solid financial position. However, challenges in finding suitable inorganic growth opportunities and potential impacts from commodity price volatility were noted. Overall, the positive aspects notably outweigh the negative ones.Company Guidance
During the Aris Water Solutions Q3 2024 earnings call, the company provided extensive guidance indicating a strong quarter and promising outlook. They reported a 2% sequential and 6% year-over-year growth in produced water volumes. Recycled water volumes increased by 25% sequentially and 16% annually. The company achieved an operating margin of $0.45 per barrel, up 13% from the previous year, and reported an adjusted EBITDA of $54.3 million, marking a 9% increase from last quarter and a 21% rise year-over-year. Aris Water Solutions also highlighted their strategic capital investment, reducing third-quarter capital expenditures to $8 million, with expectations for full-year capital expenditures ranging from $98 million to $105 million. They raised their 2024 adjusted EBITDA guidance to $208 million to $212 million. The company continues to explore inorganic growth opportunities while maintaining a focus on operational efficiencies and cash generation, positioning themselves for sustained growth into 2025.Growth in Produced and Recycled Water Volumes
Produced water volumes grew 2% sequentially and 6% year-over-year. Recycled water volumes increased 25% sequentially and 16% compared to the third quarter of last year.
Improved Operating Margins
Third quarter operating margins were $0.45 per barrel, up 13% from the third quarter of last year.
Increase in Adjusted EBITDA
Adjusted EBITDA reached $54.3 million in the third quarter, up 9% from last quarter and 21% year-over-year.
Sustainable Skim Oil Recoveries
Improved process for skim oil recovery leading to a sustainable portion of increased recoveries over time.
Strong Financial Position
Net debt at $422 million with a 2.0x debt to adjusted EBITDA ratio and $325 million of available liquidity.
Promising Beneficial Reuse and Mineral Extraction Projects
Progress in desalination technologies and plans for iodine extraction facility with strategic partner.
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ARIS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ARIS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 04, 2024 | $16.49 | $20.90 | +26.74% |
| Aug 06, 2024 | $14.75 | $14.10 | -4.41% |
| May 07, 2024 | $15.33 | $16.76 | +9.33% |
| Feb 28, 2024 | $9.65 | $11.74 | +21.66% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Aris Water Solutions (ARIS) report earnings?
Aris Water Solutions (ARIS) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
What is Aris Water Solutions (ARIS) earnings time?
Aris Water Solutions (ARIS) earnings time is at Mar 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ARIS EPS forecast?
ARIS EPS forecast for the fiscal quarter 2024 (Q4) is $0.32.
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