Atlas Energy Solutions (AESI) Stock Price, News & Analysis

$23.43
+0.27 (+1.17%)
(As of 04/26/2024 08:52 PM ET)
Today's Range
$22.88
$23.77
50-Day Range
$17.97
$23.86
52-Week Range
$15.28
$24.69
Volume
643,000 shs
Average Volume
771,330 shs
Market Capitalization
$2.34 billion
P/E Ratio
14.92
Dividend Yield
2.73%
Price Target
$25.17

Atlas Energy Solutions MarketRank™ Stock Analysis

Analyst Rating
Buy
3.17 Rating Score
Upside/​Downside
7.4% Upside
$25.17 Price Target
Short Interest
Bearish
9.76% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.59mentions of Atlas Energy Solutions in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$5.33 M Sold Last Quarter
Proj. Earnings Growth
42.47%
From $2.92 to $4.16 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.62 out of 5 stars

Oils/Energy Sector

76th out of 226 stocks

Crude Petroleum & Natural Gas Industry

32nd out of 76 stocks

AESI stock logo

About Atlas Energy Solutions Stock (NYSE:AESI)

Atlas Energy Solutions Inc. engages in the production, processing, and sale of mesh and sand that are used as a proppant during the well completion process in the Permian Basin of Texas and New Mexico. The company provides transportation and logistics, storage solutions, and contract labor services. It sells its products and services to oil and natural gas exploration and production companies, and oilfield services companies. Atlas Energy Solutions Inc. was founded in 2017 and is headquartered in Austin, Texas.

AESI Stock Price History

AESI Stock News Headlines

3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
Cash and capital returns are flowing in the energy sector. Volatility in oil prices aside, oil prices range above long-term averages, driving revenue, margin, and cash flow for energy companies.
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All (AESI)
Energy companies produce solid cash flows and return capital to shareholders; these three are on track to substantially increase their distributions.
4 coins to be the “Next Bitcoin”
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
Kermit Facility Operational Update
4 coins to be the “Next Bitcoin”
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
5 Dividend Stocks Insiders Are Selling
AESI Mar 2024 22.500 call
Q4 2023 Atlas Energy Solutions Inc Earnings Call
ATLAS ENERGY SOLUTIONS INC
Mike Howard Joins Atlas Energy Solutions’ Board
Atlas Energy Solutions Declares Dividend
See More Headlines
Receive AESI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Atlas Energy Solutions and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 2/29 Dividend
2/21/2024
Last Earnings
2/27/2024
Dividend Payable
2/29/2024
Today
4/28/2024
Next Earnings (Confirmed)
5/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Fax
N/A
Employees
490
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$25.17
High Stock Price Target
$27.00
Low Stock Price Target
$23.00
Potential Upside/Downside
+7.4%
Consensus Rating
Buy
Rating Score (0-4)
3.17
Research Coverage
6 Analysts

Profitability

Net Income
$105.43 million
Pretax Margin
42.00%

Debt

Sales & Book Value

Annual Sales
$613.96 million
Cash Flow
$1.52 per share
Book Value
$8.68 per share

Miscellaneous

Free Float
75,680,000
Market Cap
$2.34 billion
Optionable
Optionable
Beta
N/A
7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report

Key Executives

  • Mr. Ben M. Brigham II (Age 64)
    Founder & Executive Chairman
    Comp: $497.69k
  • Mr. John G. Turner (Age 51)
    President, CEO & CFO
    Comp: $1.13M
  • Mr. Dathan Christopher Voelter (Age 53)
    General Counsel & Secretary
    Comp: $717.38k
  • Mr. Chad M. McEver (Age 51)
    Vice President of Operations
  • Mr. Shaam Farooq
    Vice President of Technology
  • Mr. Jeffrey Allison (Age 60)
    Executive Vice President of Sales & Marketing
    Comp: $536.91k
  • Mr. Kirk Ginn
    VP of Human Resources & EHS
  • Mr. Chris Scholla (Age 40)
    Chief Supply Chain Officer
  • Mr. Brian Anthony Leveille
    Vice President of Finance
  • Mr. Hunter Wallace
    Former Chief Operating Officer

AESI Stock Analysis - Frequently Asked Questions

Should I buy or sell Atlas Energy Solutions stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atlas Energy Solutions in the last year. There are currently 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" AESI shares.
View AESI analyst ratings
or view top-rated stocks.

What is Atlas Energy Solutions' stock price target for 2024?

6 Wall Street research analysts have issued 1 year price targets for Atlas Energy Solutions' shares. Their AESI share price targets range from $23.00 to $27.00. On average, they anticipate the company's share price to reach $25.17 in the next year. This suggests a possible upside of 7.4% from the stock's current price.
View analysts price targets for AESI
or view top-rated stocks among Wall Street analysts.

How have AESI shares performed in 2024?

Atlas Energy Solutions' stock was trading at $17.22 at the start of the year. Since then, AESI stock has increased by 36.1% and is now trading at $23.43.
View the best growth stocks for 2024 here
.

Are investors shorting Atlas Energy Solutions?

Atlas Energy Solutions saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 6,120,000 shares, an increase of 18.4% from the March 15th total of 5,170,000 shares. Based on an average daily trading volume, of 808,400 shares, the days-to-cover ratio is currently 7.6 days. Currently, 10.2% of the shares of the company are short sold.
View Atlas Energy Solutions' Short Interest
.

When is Atlas Energy Solutions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our AESI earnings forecast
.

How can I listen to Atlas Energy Solutions' earnings call?

Atlas Energy Solutions will be holding an earnings conference call on Monday, May 6th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Atlas Energy Solutions' earnings last quarter?

Atlas Energy Solutions Inc. (NYSE:AESI) issued its quarterly earnings results on Tuesday, February, 27th. The company reported $0.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.61 by $0.24. The firm earned $141.14 million during the quarter, compared to analyst estimates of $147.34 million. Atlas Energy Solutions had a trailing twelve-month return on equity of 47.40% and a net margin of 17.17%.

How often does Atlas Energy Solutions pay dividends? What is the dividend yield for Atlas Energy Solutions?

Atlas Energy Solutions announced a quarterly dividend on Thursday, February 8th. Stockholders of record on Thursday, February 22nd will be paid a dividend of $0.21 per share on Thursday, February 29th. This represents a $0.84 annualized dividend and a dividend yield of 3.59%. The ex-dividend date of this dividend is Wednesday, February 21st. This is an increase from the stock's previous quarterly dividend of $0.20.
Read our dividend analysis for AESI
.

Is Atlas Energy Solutions a good dividend stock?

Atlas Energy Solutions (NYSE:AESI) pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.73%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 40.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AESI will have a dividend payout ratio of 15.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AESI.

When did Atlas Energy Solutions IPO?

Atlas Energy Solutions (AESI) raised $387 million in an IPO on Thursday, March 9th 2023. The company issued 18,000,000 shares at $20.00-$23.00 per share.

Who are Atlas Energy Solutions' major shareholders?

Atlas Energy Solutions' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Villere ST Denis J & Co. LLC (1.83%), Venturi Wealth Management LLC (1.42%), Hodges Capital Management Inc. (0.23%), Austin Asset Management Co Inc (0.09%), Simplex Trading LLC (0.00%) and Sumitomo Mitsui Trust Holdings Inc. (0.01%). Insiders that own company stock include Ben M Brigham, Dathan C Voelter, Douglas G Rogers, Jeffrey L Allison, John Gregory Turner, Kirk Edwards Ginn, Richard W Schmidt and Stacy Hock.
View institutional ownership trends
.

How do I buy shares of Atlas Energy Solutions?

Shares of AESI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AESI) was last updated on 4/29/2024 by MarketBeat.com Staff

From Our Partners