Aris Water Solutions, Inc.
General Information | |
Business: | We are a leading growth-oriented environmental infrastructure and solutions company that directly helps our customers reduce their water and carbon footprints. We deliver full-cycle water handling and recycling solutions that increase the sustainability of energy company operations. Our integrated pipelines and related infrastructure create long-term value by delivering high-capacity, comprehensive produced water management, recycling and supply solutions to operators in the core areas of the Permian Basin. We provide critical environmental solutions to many of the most active and well-capitalized companies operating in the Permian Basin, including affiliates of ConocoPhillips, Occidental Petroleum Corp., Exxon Mobil Corp., Marathon Oil Corp., Chevron Corp. and Mewbourne Oil Co.
(Note: Aris Water Solutions, Inc. priced its IPO on Oct. 21, 2021, at $13 – far below its $16-to-$18 price range – on 17.65 million shares, the same number of shares in the prospectus, to raise $229.45 million.)
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Industry: | OIL, GAS FIELD SERVICES (Water Management) |
Employees: | 141 |
Founded: | 2016 |
Contact Information | |
Address | 9811 Katy Freeway, Suite 700, Houston, TX 77024, US |
Phone Number | (281) 501-3070 |
Web Address | http://www.ariswater.com |
View Prospectus: | Aris Water Solutions, Inc. |
Financial Information | |
Market Cap | $909.5mil |
Revenues | $155.5 mil (last 12 months) |
Net Income | $-5.7 mil (last 12 months) |
IPO Profile | |
Symbol | ARIS |
Exchange | NYSE |
Shares (millions): | 17.7 |
Price range | $13.00 - $13.00 |
Est. $ Volume | $229.5 mil |
Manager / Joint Managers | Goldman Sachs/ Citigroup/ J.P. Morgan/ Wells Fargo Securities/ Barclays/ Evercore |
CO-Managers | Capital One Securities/ Johnson Rice/ Raymond James/ Stifel/ U.S. Capital Advisors |
Expected To Trade: | 10/22/2021 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |