Aris Water Solutions (ARIS) Company Report

Aris Water Solutions, Inc. (ARIS) entered into an Agreement and Plan of Merger with Western Midstream Partners, LP (WES) and its subsidiaries on August 6, 2025, which includes the merger of Aris Water Holdings, LLC and Aris Water Solutions, Inc. into WES entities.
Holders of Company OpCo Stapled Units can elect to receive either a Mixed Election Consideration of $7.00 in cash and 0.450 Common Units, or a Cash Election Consideration of $25.00 in cash, subject to proration based on an available cash election amount of $415,000,000. Similar election options are available for Company Class A Common Stock.
The Company's Board of Directors unanimously approved the merger agreement and recommended its adoption by stockholders. The completion of the mergers is subject to customary closing conditions, including Company Stockholder Approval, and the agreement includes a termination fee of $57 million payable by the Company to WES under specific circumstances.

Aug 7, 2025, 12:00 AM

Aris Water Solutions Q1 2025 Combined Earnings Results

ARIS

Earnings

Dividends

New Projects/Investments

Guidance Update

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 .

May 7, 2025, 1:01 PM

Aris Water Solutions, Inc. Files Form 8-K on Debt Instrument Definitions

ARIS

Debt Issuance

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.

Mar 25, 2025, 12:00 AM

Aris Water Announces Upsized Senior Notes Offering Details

ARIS

Debt Issuance

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 .

Mar 11, 2025, 12:00 AM

Aris Water Solutions Q4 2024 Earnings & Strategic Highlights

ARIS

Earnings

M&A

Guidance Update

Dividends

New Projects/Investments

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.

Feb 27, 2025, 2:00 PM

Aris Water Solutions Reports Q4 2024 Financial Results

ARIS

Earnings

Dividends

M&A

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.