SectorOil, natural gas and consumer fuels
Established Date20/04/2017
Listing Date09/03/2023
ExchangeNew York Stock Exchange
Full-time Employees1511
Fiscal Year Ends31/12
Security TypeCommon stock
Office address5918 W. Courtyard Drive, Suite 500, Austin, Texas 78730
Business
IntroductionAtlas Energy Solutions Inc. was founded on April 20, 2017. The Company is a leading proppant producer, logistics and distributed power solutions provider serving the Permian Basin in West Texas and New Mexico. The company operates through two reportable segments: sand and logistics and electricity. Sand and Logistics: The company operates 14 proppant production facilities in the Permian Basin, including large in-basin facilities and smaller distributed mining units. The Company is a low-cost producer of a variety of high-quality, locally sourced proppants used in well completions. The company offers both dry and wet sand and offers a variety of mesh sizes, including 100 mesh and 40/70 mesh. Proppant is a key ingredient necessary to facilitate the recovery of hydrocarbons from oil and gas wells. The company operates a differentiated logistics platform designed to improve the efficiency, safety and sustainability of the Permian Basin oil and gas industry. Electricity: The company provides distributed power solutions through a suite of natural gas-powered reciprocating generators that primarily support production and artificial lift operations in major resource basins in the United States.