NYSE$ARIS
Aris Water Solutions Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Aris Water Solutions reported strong Q3 2024 results, driven by produced and recycled water volume growth, and increased its 2024 Adjusted EBITDA outlook.
Aris Water Solutions reported an exceptional third quarter with increased produced water and recycled water volumes. The company achieved net income of $16.4 million, a 34% increase year-over-year, and generated Adjusted EBITDA of $54.3 million, up 21% year-over-year. The company also increased its 2024 Adjusted EBITDA outlook to $208 to $212 million.
- Produced water volumes increased 2% sequentially and 6% year-over-year.
- Recycled water volumes increased 25% sequentially and 16% year-over-year.
- Net income was $16.4 million, a 34% increase year-over-year.
- Adjusted EBITDA was $54.3 million, up 9% sequentially and 21% year-over-year.
Headline financials
Revenue & EPS history
Aris Water Solutions · Revenue · Quarterly
$112M
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
Aris Water Solutions anticipates continued growth through year-end based on customers' projected activity and is increasing its full year Adjusted EBITDA range to $208 to $212 million. The company expects continued strong cash generation to further enhance the balance sheet and support increased shareholder returns over the long term.
Tailwinds
- Produced Water Handling volumes between 1,080 and 1,110 thousand barrels of water per day
- Water Solutions volumes between 450 and 490 thousand barrels of water per day
- Adjusted Operating Margin per Barrel between $0.43 and $0.45
- Skim oil recoveries of approximately 1,550 barrels per day
- Adjusted EBITDA between $51 and $55 million
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 Q3 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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| Q4 2009 | — | — | — |
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