Atlas Energy Solutions Inc.
AESI · Crude Petroleum & Natural Gas · 124.9M shares · +0%/yr ↓ buyback · EDGAR filings ↗
Grade
D52Permian proppant and oilfield-logistics company in a loss year while heavily investing in power and acquisitions.
Strengths
- Solid liquidity: current ratio 1.46 (73rd) and quick ratio 1.39 (75th); debt/equity 0.45
- Differentiated logistics (Dune Express, semi-autonomous trucking) and diversification into power generation
Risks
- Net margin -4.6%, operating margin -1% (38th) and ROE -4.2% — a loss year with net income down 184%
- Negative FCF (-$31M, 16th pct) amid large capex commitments (~$278M power equipment)
- Thin gross margin 13.8% (16th pct) exposed to frac-demand and proppant pricing cycles
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -4.6%)
- Cash burnNegative free cash flow (-30.9M)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
13.8%
Operating margin
-1.0%
Net margin
-4.6%
Return on equity
-4.2%
Return on assets
-2.3%
ROIC
-0.5%
Revenue growth (QoQ)
6.5%
Net-income growth
-183.9%
Debt / equity
0.4×
Current ratio
1.5×
Free cash flow
-$31M
EBITDA
$149M
Tangible book value
$874M
Stock comp / revenue
3.0%
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-08 | Shareholder vote | filing ↗ |
| 2026-05-04 | ResultsReg FDExhibits | filing ↗ |
| 2026-04-09 | Material agreementDebt obligation3.02OtherExhibits | filing ↗ |
| 2026-04-06 | ResultsReg FDOtherExhibits | filing ↗ |
| 2026-04-01 | ResultsReg FDOtherExhibits | filing ↗ |
| 2026-03-10 | Material agreementReg FDExhibits | filing ↗ |
| 2026-02-23 | ResultsReg FDExhibits | filing ↗ |
| 2026-02-02 | Exec/director change | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-08 | 2026-05-07 | 0001193125-26-214632 ↗ |
| 10-Q | 2026-05-05 | 2026-03-31 | 0001193125-26-206587 ↗ |
| 8-K | 2026-05-04 | 2026-05-04 | 0001193125-26-204216 ↗ |
| 8-K | 2026-04-09 | 2026-04-06 | 0001140361-26-014025 ↗ |
| 8-K | 2026-04-06 | 2026-04-06 | 0001140361-26-013230 ↗ |
| 8-K | 2026-04-01 | 2026-03-19 | 0001193125-26-135688 ↗ |
| 8-K | 2026-03-10 | 2026-03-04 | 0001193125-26-099341 ↗ |
| 10-K | 2026-02-24 | 2025-12-31 | 0001193125-26-067145 ↗ |
| 8-K | 2026-02-23 | 2026-02-23 | 0001193125-26-064170 ↗ |
| 8-K | 2026-02-02 | 2026-01-28 | 0001193125-26-033720 ↗ |
| 8-K | 2025-12-30 | 2025-12-26 | 0001193125-25-337132 ↗ |
| 10-Q | 2025-11-04 | 2025-09-30 | 0001193125-25-264871 ↗ |