NYSE$ARIS
Aris Water Solutions Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Aris Water Solutions reported increased profitability and strong momentum carrying into 2024.
Aris Water Solutions, Inc. reported Q4 2023 results, featuring a 4% increase in total water volumes quarter-over-quarter and a net income of $13.0 million. The company's focus on cost management and operational efficiencies contributed to improved profitability. They also provided 2024 outlook, forecasting produced water volumes to grow approximately 2-5%.
- Total water volumes increased 4% quarter-over-quarter and 16% annually.
- Recycled produced water volumes grew 8% for the year, including record volumes in the fourth quarter.
- Net income reached $13.0 million for the fourth quarter.
- Adjusted EBITDA was $49.3 million for the fourth quarter, up 17% from 2022.
Headline financials
Revenue & EPS history
Aris Water Solutions · Revenue · Quarterly
$104M
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 and profitability in 2024, driven by operational efficiencies and strategic capital allocation. Full year produced water volumes are forecasted to grow approximately 2-5%, excluding the impact of a 2023 asset divestiture.
Tailwinds
- Full year produced water volumes are forecasted to grow approximately 2 – 5%, excluding the impact of a 2023 asset divestiture
- Full year water solutions volumes are expected to be between 430 to 470 thousand barrels per day, approximately flat with 2023
- Full-year Adjusted EBITDA forecasted between $180 - $200 million, up approximately 9% at the midpoint versus 2023
- Adjusted Operating Margin per Barrel is anticipated to increase 8% - 13% year-over-year to $0.42 - $0.44/bbl
- Capital Expenditures of $85 - $105 million, down approximately 40% versus 2023
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 Q4 2023
+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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