NYSE$ARIS
Aris Water Solutions Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Reported strong second quarter results driven by resilient produced water volumes and operating margins.
Aris Water Solutions reported a strong second quarter with a 26% increase in net income and a 17% increase in Adjusted EBITDA compared to the same quarter last year. The company also increased its full year Adjusted EBITDA guidance.
- Produced water volumes increased by 5% and recycled water volumes increased by 6% compared to Q2 2023.
- Net income reached $13.1 million, up 26% from the second quarter of 2023.
- Adjusted EBITDA was $50.0 million, a 17% increase compared to the second quarter of 2023.
- The company is increasing 2024 Adjusted EBITDA guidance to $195 to $205 million.
Headline financials
Revenue & EPS history
Aris Water Solutions · Revenue · Quarterly
$101M
Revenue by segment
Aris Water Solutions · $65.3M total across 3 segments · Q2 2023
- Produced Water Handling$49.7M—76.1%
- Water Solutions$14.9M—22.9%
- Other Revenue$645K—1.0%
Forward guidance
For the third quarter of 2024, the Company expects Produced Water Handling volumes between 1,060 and 1,090 thousand barrels of water per day, Water Solutions volumes between 410 and 440 thousand barrels of water per day , Adjusted Operating Margin per Barrel between $0.43 and $0.45, Skim oil recoveries of approximately 1,300 barrels per day, Adjusted EBITDA between $48 and $52 million and no change to Aris’s full year Capital Expenditure outlook of $85 to $105 million.
Tailwinds
- Produced Water Handling volumes between 1,060 and 1,090 thousand barrels of water per day
- Water Solutions volumes between 410 and 440 thousand barrels of water per day
- Adjusted Operating Margin per Barrel between $0.43 and $0.45
- Skim oil recoveries of approximately 1,300 barrels per day
- Adjusted EBITDA between $48 and $52 million
Headwinds
- No change to Aris’s full year Capital Expenditure outlook of $85 to $105 million
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Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
+3.3%
Avg return
Earnings day
-1.3%
Avg return
5 days after
+15.1%
Avg return
30 days after
58%
14 / 24 earnings
Positive
+32.6%
Q1 2023
Best reaction
-22.8%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2025 | -5.9% | -3.4% | +38.7% | |
| Q2 2025 | +1.7% | -3.9% | +234.7% | |
| Q1 2025 | -21.8% | -5.9% | +6.2% | |
| Q4 2024 | +20.7% | -1.8% | +18.5% | |
| Q3 2024 | +28.8% | -3.5% | -17.5% | |
| Q2 2024 | -0.4% | -0.8% | +13.8% | |
| Q1 2024 | +13.6% | +3.6% | +2.9% | |
| Q4 2023 | +22.1% | +5.4% | +28.6% | |
| Q3 2023 | +8.9% | +4.8% | +28.8% | |
| Q2 2023 | +0.6% | -4.1% | -6.6% | |
| Q1 2023 | +32.6% | -16.8% | -20.4% | |
| Q4 2022 | -18.7% | -7.2% | +10.2% | |
| Q3 2022 | -5.0% | +12.5% | +8.9% | |
| Q2 2022 | -22.8% | +0.5% | -9.2% | |
| Q1 2022 | -2.7% | -11.8% | -16.3% | |
| Q4 2021 | +19.0% | +1.3% | +4.3% | |
| Q4 2020 | +0.5% | +3.5% | -21.7% | |
| Q3 2020 | +0.1% | -1.1% | -5.5% | |
| Q2 2020 | +5.4% | +5.0% | +7.6% | |
| Q3 2017 | -1.2% | -1.2% | -1.0% | |
| Q2 2017 | +0.0% | -4.3% | +0.0% | |
| Q1 2017 | -5.5% | -13.7% | +9.6% | |
| Q4 2016 | +4.9% | +11.1% | -7.4% | |
| Q3 2016 | +4.3% | +0.0% | +55.7% | |
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