Symbols

AESI

Atlas Energy·NYSE

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AESI Profile

Atlas Energy Solutions Inc.

A company provides proppant and logistics services to the oil and natural gas industry within the Permian Basin of West Texas and New Mexico

Industry

Oil, natural gas and consumer fuels

Established Date

04/20/2017

Listing Date

03/09/2023

Exchange

New York Stock Exchange

Full-time Employees

1,511

Fiscal Year Ends

12-31

Website

www.atlas.energy

Security Type

Common stock

Office address

5918 W. Courtyard Drive, Suite 500, Austin, Texas 78730

Business

Introduction

Atlas 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.