Atlas Energy Solutions (AESI)

• Market cap: $2.67B
• 1 day: -1.75%
• 5 days: 13.24%
• 1 month: 7.56%
• 3 months: 20.88%
• 6 months: 10.96%
• Year to date: 5.26%
• 1 year: 45.96%
• 5 years: 42.77%
• 10 years: 42.77%
• Sector: Energy
• Industry: Crude Petroleum & Natural Gas

About: Atlas Energy Solutions Inc is a provider of proppant and logistics services to the oil and natural gas industry within the Permian Basin of West Texas and New Mexico, the most active oil and natural gas basin in North America. Proppant is necessary to facilitate the recovery of hydrocarbons from oil and natural gas wells. One hundred percent of its sand reserves are located in Winkler and Ward Counties, Texas, within the Permian Basin, and its operations consist of proppant production and processing facilities, including two facilities near Kermit, Texas, and a third facility near Monahans, Texas.

Employees: 490

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

266% more call options, than puts

Call options by funds: $22M | Put options by funds: $6M

81% more repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 43

64% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 22

20% more capital invested

Capital invested by funds: $1.16B [Q2] → $1.4B (+$234M) [Q3]

6% more funds holding

Funds holding: 174 [Q2] → 185 (+11) [Q3]

5.26% more ownership

Funds ownership: 53.16% [Q2] → 58.42% (+5.26%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $19 21% downside
• Avg. target: $22 10% downside
• High target: $25 3% upside

5 analyst ratings

• positive: 1 20%
• neutral: 4 80%
• negative: 0 0%

B of A Securities Chase Mulvehill 0 / 0 met price target	7% downside $23	Neutral Downgraded	13 Jan 2025
Citigroup Scott Gruber 47% 1-year accuracy 14 / 30 met price target	9% downside $22	Neutral Downgraded	14 Nov 2024
Barclays Derek Podhaizer 44% 1-year accuracy 4 / 9 met price target	21% downside $19	Equal-Weight Downgraded	12 Nov 2024
Goldman Sachs Neil Mehta 43% 1-year accuracy 6 / 14 met price target	13% downside $21	Neutral Downgraded	7 Nov 2024
RBC Capital Keith Mackey 0 / 0 met price target	3% upside $25	Outperform Reiterated	30 Oct 2024