Atlas Energy Solutions Inc. (AESI) Stock

Atlas Energy Solutions Inc. (AESI) is a Energy stock trading at $12.99 (as of 2026-08-20), with a market capitalization of $1.62B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Atlas Energy Solutions Inc. provides proppant and logistics services to the oil and natural gas industry in the Permian Basin of West Texas and New Mexico. The company was founded in 2017 and is based in Austin, Texas.

Understand Atlas Energy Solutions Inc.: how it makes money

Atlas Energy Solutions provides proppant and logistics services to oil and natural gas operators in the Permian Basin, and it makes money by selling proppant products and providing logistics services.

The business model is a mix of product sales (proppant) and service revenues (logistics), and profitability depends on whether the cash flow from these sales covers operating costs, especially since the latest figures show low gross margin and a negative operating margin.

Revenue by segment (latest quarter)
Products$0.1B
Services$0.2B

Business quality (Weak): Simple, investor-friendly revenue split (products vs services) is available, but the latest profitability snapshot shows very thin gross margin and a negative operating margin, which increases the importance of execution on both product and logistics revenue.

Bull case

  • Revenue comes from both proppant products and logistics services: This can help diversify within the Permian Basin customer workflow, rather than relying on a single revenue stream.
  • The company is built around serving the Permian Basin oil and natural gas industry: Its offerings are directly tied to proppant and logistics needs in that specific basin.

Bear case

  • Low profitability in the latest period: Gross margin is 2.4% and operating margin is -12.2%, indicating operating costs are not being covered by gross profit.
  • Geographic and end-market concentration risk: Operations are focused on the Permian Basin of West Texas and New Mexico, so weakness in that area would be a direct headwind.
Valuation — source: SEC EDGAR (first-party)
Price$12.99
Market Cap$1.62B
EV / EBITDA20.5
Price / Book1.39
Price / Sales1.53
FCF Yield1.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.10B
Net Margin-4.6%
Revenue Growth (YoY)-10.8%
EPS Growth (YoY)-3900.0%
FCF Growth (YoY)-82.8%
Financial Health — source: SEC EDGAR
Altman Z-Score1.45 (distress)
Valuation vs Sector & Industry
Sector P/E (Energy)16.8
Industry P/E (Petroleum & Natural Gas)16.7
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($150.76M)
Institutional Holders Tracked10
Congressional Trades (recent)5
Company
SectorEnergy
IndustryPetroleum & Natural Gas
CEOJohn G. Turner
Employees1,143
CountryUS
IPO Date2023-03-09

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AESI earnings history · AESI institutional & insider holders · AESI KPIs & operating metrics · AESI financials · AESI investor presentations & press releases · AESI SEC filings · AESI peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.