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Aris Water Solutions, Inc. is a growth-oriented environmental infrastructure and solutions company focused on providing sustainable water management and recycling solutions primarily for the energy industry. The company specializes in full-cycle water handling and recycling solutions, helping energy companies reduce their water and carbon footprints. Aris Water Solutions sells services related to produced water handling, recycling, and disposal processes.
- Produced Water Handling - Manages the transportation and disposal of produced water, a byproduct of oil and gas production, through comprehensive infrastructure systems.
- Produced Water Handling — Affiliate - Provides similar services as Produced Water Handling but specifically for affiliated companies.
- Water Solutions - Offers recycling and supply solutions to reduce water usage in energy operations.
- Water Solutions — Affiliate - Delivers water recycling and supply services tailored for affiliated companies.
- Other Revenue - Includes additional services and products that support the company's main operations.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Amanda M. Brock ExecutiveBoard | President and Chief Executive Officer (CEO) | Board member at Coterra Energy Inc. since 2017; Executive Committee member at Texas Business Hall of Fame | Amanda M. Brock has served as President and CEO of ARIS Water Solutions since September 2021 and as a Director since 2021. Previously, she held multiple leadership roles including Chief Commercial Officer at Solaris LLC from February 2018 to September 2020 and CEO of Water Standard from 2009 to 2017. | View Report → |
D. Dylan Van Brunt Executive | Chief Operating Officer | D. Dylan Van Brunt is the Chief Operating Officer of Aris Water Solutions, Inc. since August 2023. He previously served as Executive Vice President, Operations and Planning from March 2023 to August 2023 and as Senior Vice President – Planning and Optimization since February 2021. | ||
Nicholas A. Patterson Executive | Chief Commercial Officer | Nicholas A. Patterson is the Chief Commercial Officer at Aris Water Solutions, Inc. since August 28, 2023, where he leads the company’s commercial activities. Previously, he served as CEO and COO at Delmar Systems and held a senior role at Atwood Oceanics. | ||
Stephan E. Tompsett Executive | Chief Financial Officer | Stephan E. Tompsett is the Chief Financial Officer at Aris Water Solutions, Inc., a role he has held since September 7, 2022. He has extensive experience in corporate finance, having previously served as CFO at Limetree Bay Energy, CFO and Treasurer at EagleClaw Midstream Ventures, LLC, and Vice President and Treasurer at Andeavor. | ||
William A. Zartler Executive | Founder and Executive Chairman | Founder and Executive Chairman of ARIS since September 2021, previously served as Chairman and CEO of Aris LLC from 2015 to September 2021. | ||
Andrew OBrien Board | Director | Senior Vice President, Strategy, Commercial, Sustainability & Technology at ConocoPhillips; Director of Oil Casualty Investment Corporation | Andrew O'Brien has served as a Director at Aris Water Solutions, Inc. since June 2021. He brings over 25 years of oil and gas experience and is also the Senior Vice President, Strategy, Commercial, Sustainability & Technology at ConocoPhillips since March 2024. | |
Debra G. Coy Board | Director | Principal at Svanda & Coy Consulting; Advisor to XPV Water Partners; Director at Global Water Resources, Inc.; Director at Axius Water Holdings; Director at Water for People | Debra G. Coy has served as a Director at ARIS Water Solutions, Inc. since 2021, where she is a member of the Audit Committee and the Nominating and ESG Committee. She brings extensive experience in the water sector from roles in strategic advisory and equity research. | |
Donald C. Templin Board | Director at ARIS | Board member at One Power; Advisor at Voya Financial, Inc. | Donald C. Templin has served as a Director at ARIS since 2021 and sits as Chair of the Audit Committee and a member of the Compensation Committee. He has extensive financial leadership experience with previous roles including CFO and Executive Vice President positions at major companies. | |
Jacinto J. Hernandez Board | Board Director | Principal of Cummings Consulting & Management | Jacinto J. Hernandez is a Board Director at ARIS since March 31, 2023. He has extensive financial and governance experience from roles at Capital Group, Altria Group, Pioneer Natural Resources, and as Principal of Cummings Consulting & Management. | |
Joseph Colonnetta Board | Lead Independent Director | Founding and General Partner at HBC Investments; Director at Getka Energy and Storage; Director at Thunderbird LNG; Trustee of St. Michael’s Episcopal Foundation; Trustee of the Dallas Police and Fire Fighter’s Pension Fund | Joseph Colonnetta is the Lead Independent Director at ARIS since 2021 and has served on the board following his predecessor role beginning in December 2016. He also chairs the Nominating and ESG Committee and serves on the Compensation Committee, bolstering ARIS's corporate governance. | |
M. Max Yzaguirre Board | Director | Board Member, Altria Group, Inc. - Compensation and Talent Development, Finance and Innovation Committees; Board Member, Solaris Energy Infrastructure, Inc.; Board Member, WaFd, Inc. - Risk and Compensation Committees | M. Max Yzaguirre has served as a Director at ARIS since 2021 and is the Chair of the Compensation Committee. He brings over 35 years of leadership experience and has held multiple board roles across diverse industries. | |
W. Howard Keenan Board | Director | Director at Antero Resources Corporation; Director at Antero Midstream Corporation; Director at Solaris Oilfield Infrastructure, Inc. | W. Howard Keenan, Jr. has been a Director at ARIS since 2021 and served as a director of its predecessor since September 2016, bringing extensive expertise in energy finance and corporate governance. |
- How do you plan to address potential regulatory and operational hurdles in ramping up the 475,000 barrels per day beneficial reuse project, and what impact could any delays have on your overall capital allocation?
- Can you provide more detailed guidance on when the McNeill Ranch acquisition will begin contributing to EBITDA, particularly through operational synergies such as the elimination of landowner royalties?
- With the expected capital-efficient phased development of your new desalination modules, how will you ensure that margin improvements remain sustainable amid potential CapEx increases?
- In the current environment of industry consolidation, what specific criteria will guide your pursuit of additional inorganic growth opportunities, and how will you compete for high-quality water assets?
- Following the 33% dividend increase, what measures are in place to ensure that such strong capital returns are sustainable given potential fluctuations in produced water volumes and project delays?
| Customer | Relationship | Segment | Details |
|---|---|---|---|
ConocoPhillips | Largest customer and significant shareholder | All | 32% of total revenue (2024) ; 16% of accounts receivable (2024). |
Chevron U.S.A. Inc. | Major customer | All | 21% of total revenue (2024) ; 34% of accounts receivable (2024). |
Mewbourne Oil Co. | Key customer | All | Less than 10% of total revenue (2024). |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Crosstek Membrane Technology LLC | 2025 | Aris Water Solutions acquired Crosstek to expand its footprint in industrial water and wastewater treatment. The deal involved a $2 million cash payment plus a $1 million sales-based contingent consideration over four years for intellectual property rights and assets. |
Delaware Energy Services, LLC | 2022 | Aris acquired seven produced water handling facilities and associated infrastructure in New Mexico by issuing 3.37 million Class A shares; the transaction was valued at $75.1 million overall, aims to boost capacity, generate incremental EBITDA of $11-13 million annually, and seamlessly integrate with existing operations. |
Recent press releases and 8-K filings for ARIS.
- Record operational growth: Produced water volumes reached 1191 kbwpd and water solutions increased to 559 kbwpd in Q1 2025, driven by strong customer demand and full quarter integration of the McNeil Ranch .
- Financial performance: Reported adjusted EBITDA of $56.5M and $57M with an adjusted operating margin of $0.44 per barrel, marking sequential and year-over-year improvements.
- Net income: Achieved a net income of $16M in Q1 2025 .
- CapEx discipline: Capital expenditures were $21M in Q1 2025, down 44% from the prior year, reflecting disciplined capital management .
- Dividend announcement: Declared a Q2 dividend of $0.14 per share, bolstering confidence in its balance sheet amid market volatility .
- Performance clarity: Results include reconciliations of non‐GAAP measures to the most comparable GAAP metrics for enhanced transparency .
- Filing Details: The company filed an 8-K on March 25, 2025, providing key definitions and terms related to its credit agreements and debt instruments, including reference dates such as the 2026 Notes Issue Date.
- Financial Terms and Covenants: The report details specific definitions including Acquired Debt, Consolidated Leverage Ratio, and restrictions on various payments and asset transactions, offering insight into the company's financial commitments and covenants.
- Aris Water Solutions, Inc. announced an upsized offering of $500 million aggregate principal amount of 7.250% Senior Notes due 2030 (increased from the original $400 million offering) .
- The Notes will be issued at par and are set to mature on April 1, 2030, with the offering expected to close on March 25, 2025, subject to customary closing conditions .
- Net proceeds of approximately $490.3 million will be used to redeem outstanding 7.625% Senior Notes due 2026, repay borrowings under its credit facility, and for general corporate purposes .
- Additionally, proceeds along with existing cash on hand are aimed at redeeming the outstanding 7.625% Senior Notes due 2026, with redemption conditioned on completing the offering by April 1, 2025 .
- Strong Q4 2024 performance: Produced water volumes reached 1,120 kbwpd, an adjusted operating margin of $0.45 per barrel, robust completion activity, and free cash flow of $73 million, marking a record quarter for the Water Solutions business.
- Strategic acquisition: Completed the purchase of McNeill Ranch for $45.0 million, adding approximately 45,000 surface acres and expected to deliver operational cost efficiencies and new revenue streams.
- Dividend increase: Declared a 33% increase in dividends to $0.14 per share, underscoring a commitment to enhancing shareholder returns through disciplined capital spending.
- Positive 2025 outlook: Anticipated steady volume growth and improved efficiency bolstered by long-term contracts and a resilient business model.
- Achieved Q4 net income of $13.8 million and full year net income of $60.2 million, with Q4 Adjusted EBITDA of $54.5 million and full year Adjusted EBITDA of $211.9 million.
- Raised the quarterly dividend 33% to $0.14 per share for the first quarter of 2025, signaling increased shareholder returns.
- Completed the acquisition of the 45,000 acre McNeill Ranch in Texas and New Mexico to boost future growth opportunities.