Acquisitions and Mergers - The Company completed the Moser Acquisition on February 24, 2025, for a total consideration of $180.0 million in cash and approximately 1.7 million shares of common stock [222]. - The Moser Acquisition is subject to customary post-closing adjustments, and the Moser Stock Consideration is redeemable by the Company within 90 days of closing [222]. - The company completed the Moser Acquisition on February 24, 2025, for $180 million, impacting operational results [265]. Financial Performance - Net income for Q1 2025 decreased to $1.2 million from $26.8 million in Q1 2024, representing a decline of 95.5% [258]. - Total revenue increased to $297.6 million in Q1 2025, up from $192.7 million in Q1 2024, marking a growth of 54.4% [267]. - Adjusted EBITDA for Q1 2025 was $74.3 million, slightly down from $75.5 million in Q1 2024, a decrease of 1.6% [258]. - Service revenue surged to $150.6 million in Q1 2025, a 90.5% increase from $79.2 million in Q1 2024, driven by higher logistics sales volumes [269]. - Product revenue rose by $26.2 million to $139.6 million in Q1 2025, despite a $36.8 million decrease due to lower proppant prices [268]. - Gross profit for Q1 2025 was $54.5 million, down from $68.7 million in Q1 2024, a decline of 20.7% [267]. - Adjusted Free Cash Flow for Q1 2025 was $58.8 million, compared to $71.1 million in Q1 2024, reflecting a decrease of 17.3% [258]. Capital Expenditures and Investments - Capital expenditures for Q1 2025 were $52.4 million, down from $95.5 million in Q1 2024, a reduction of 45.1% [259]. - The Company has plans for future capital expenditures and expansion projects, which may be impacted by various risk factors [215]. Debt and Financing - The Second Term Loan Amendment increased the existing DDT Loan by $100.0 million to a total of $200.0 million, with an interest rate of 5.95% plus the greater of Term SOFR or 4.30% [227]. - Atlas LLC entered into a 2025 Term Loan Credit Agreement with Stonebriar, borrowing $540.0 million on February 21, 2025 [231]. - The 2025 Term Loan Credit Facility has a final maturity date of March 1, 2032, and bears interest at a rate of 9.51% per annum [233]. - Total debt increased to $527.2 million as of March 31, 2025, compared to $481.3 million a year earlier, an increase of 9.5% [262]. - The Company drew down $20.0 million from the DDT Loan, with an interest rate of 10.58%, payable in 69 monthly installments starting December 1, 2024 [305]. - The ADDT Loan was provided with an additional principal amount of $150.0 million at an interest rate of 10.86%, payable in 76 monthly installments of $2.7 million starting April 1, 2024 [312]. - The 2023 ABL Credit Facility provides revolving credit financing of up to $75.0 million, with a maturity date of February 22, 2028 [316]. - The Borrowing Base was initially set at $75.0 million and increased to $125.0 million following the First Amendment to the 2023 ABL Credit Agreement [319]. - The Company used a portion of the proceeds from the Equity Offering to repay the remaining $70.0 million of the outstanding principal balance of the 2023 ABL Credit Facility in February 2025 [341]. Market Conditions and Risks - The price for West Texas Intermediate (WTI) crude oil decreased by approximately 16% to $68.24 per barrel in Q1 2025 compared to $81.28 per barrel in Q1 2024 [242]. - The U.S. government imposed a 25% tariff on steel imports and a 10% tariff on product imports, potentially increasing raw material input costs [243]. - The Company is subject to various market risks, including interest rate risks and commodity pricing risks, with no material changes in risk exposure since December 31, 2024 [340]. Operational Highlights - The Company operates a differentiated logistics platform, including the Dune Express, aimed at enhancing efficiency and sustainability in the oil and gas industry [220]. - The Company has over 950 natural gas-powered generators, providing approximately 225 megawatts of power generation capacity across major U.S. resource basins [221]. - The Company is integrating autonomous driving technologies into its logistics operations, creating a semi-autonomous oilfield logistics network [220]. - All of the Company's sand reserves are located in Texas within the Permian Basin, focusing on high-quality proppant production [219]. - The Company is focused on maintaining market-leading uptime for its power generation fleet through in-house manufacturing and remanufacturing capabilities [221]. Shareholder Returns - The company declared a dividend of $0.25 per share of Common Stock on February 11, 2025, and another $0.25 per share on May 2, 2025 [241].

Atlas Energy Solutions (AESI) Q1 2025 Earnings Call May 06, 2025 10:00 AM ET Speaker0 Greetings, and welcome to the Atlas Energy Solutions First Quarter twenty twenty five Financial and Operational Results Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It is now my pleasure to introduce Kyle Turlington, Investor Relations. Please go ahead, sir. Hello, and welcome t ...

Core Insights - Atlas Energy Solutions Inc. (AESI) reported quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.18 per share, and down from $0.34 per share a year ago, representing an earnings surprise of -55.56% [1] - The company posted revenues of $297.59 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.53%, and up from $192.67 million year-over-year [2] - The stock has underperformed the market, losing about 34.8% since the beginning of the year compared to the S&P 500's decline of -3.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.33 on revenues of $333.25 million, and for the current fiscal year, it is $1.28 on revenues of $1.3 billion [7] - The estimate revisions trend for Atlas Energy Solutions Inc. is currently unfavorable, resulting in a Zacks Rank 5 (Strong Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Oil and Gas - Integrated - United States industry is currently in the top 35% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% of industries [8] - Another company in the same industry, Berry Petroleum, is expected to report quarterly earnings of $0.10 per share, reflecting a year-over-year change of -28.6% [9]

Investor Presentation May 2025 This Presentation contains "forward-looking statements" of Atlas Energy Solutions Inc. ("Atlas," the "Company," "AESI," "we," "us" or "our") within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Statements that are predictive or prospective in nature, that depend upon or refer to future events or conditions or that include the words "may," "ass ...

Exhibit 99.1 Atlas Energy Solutions Announces First Quarter 2025 Results Austin, TX – May 5, 2025 – Atlas Energy Solutions Inc. (NYSE: AESI) ("Atlas" or the "Company") today reported financial and operating results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights Financial Summary | . | | | | Three Months Ended | | | | --- | --- | --- | --- | --- | --- | --- | | | March 31, | | | | | December 31, | | | 2025 | | | March 31, 2024 | | 2024 | | | | | | (unaudited, in thousands, except p ...

The market expects Atlas Energy Solutions Inc. (AESI) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected ...

Acquisition and Integration Risks - The company is currently facing uncertainties regarding the anticipated benefits and projected synergies from the Moser Acquisition, which may not be realized within the expected timeframe or at all [14]. - The company is subject to risks related to the integration of Moser's business, which may not yield the expected benefits [26]. - The company’s ability to maintain financial flexibility may be limited due to existing and future debt following the Moser Acquisition [14]. Customer Base and Quality - The company had 49 customers in 2024, with 10 classified as investment grade, compared to 33 customers and 6 investment grade in 2023, indicating a significant increase in customer base quality [486]. Commodity Price Exposure - The company does not currently intend to hedge its indirect exposure to commodity price risk, which is influenced by fluctuations in crude oil and natural gas prices [481]. - The company is exposed to volatility in natural gas prices, which are critical for its proppant manufacturing operations, and has not entered into any commodity derivative contracts for 2023 and 2024 [482]. - The company’s operational performance may be adversely affected by a material decline in oil and natural gas prices or activity levels in the Permian Basin [485]. Operational Challenges - The company is focused on improving its production facilities following a fire incident at the Kermit facility on April 14, 2024, which may impact future performance [14]. - The company is facing risks related to environmental regulations and operational disruptions that could affect its business operations [19]. Inflation Impact - Inflationary factors may adversely affect the company's results of operations due to increased product and overhead costs [487]. - The company does not believe inflation has materially impacted its financial position or results of operations to date [487]. - A high rate of inflation in the future may negatively affect the company's ability to maintain current gross margin levels [487]. - Selling prices of the company's products may need to increase to keep pace with rising costs [487]. - Selling, general, and administrative expenses as a percentage of net revenue may be impacted by inflation [487]. Debt and Financial Flexibility - As of December 31, 2024, the company had $70.0 million of debt outstanding under the 2023 ABL Credit Facility, with a potential annual interest expense fluctuation of approximately $0.4 million for a hypothetical 1.0% change in interest rates [483].

Financial Data and Key Metrics Changes - Total company's adjusted EBITDA was $288.9 million or 27% of revenue [29] - Fourth quarter reported total sales of $271.3 million and adjusted EBITDA of $63.2 million or 23.3% of revenue [29] - Net income was $14.4 million or 5.3% of revenue, with earnings per share at $0.13 [35] - Adjusted free cash flow was $47.9 million or 17.7% of revenue [35] - CapEx during the quarter was $50 million, with maintenance CapEx at $15.3 million [36] Business Line Data and Key Metrics Changes - Revenue from proppant sales was $128.4 million, with total profit sales volumes per quarter declining to 5.1 million tons due to seasonal slowdown [30] - Average revenue per ton for the quarter was $25.31, adjusted to $23.28 per ton when accounting for contractual payments [31] - Logistics revenue for the year was $140.5 million [29] Market Data and Key Metrics Changes - Spot sand prices fell to cyclical lows during the fourth quarter due to reduced customer demand and aggressive pricing from competitors [18] - The company expects a gradual return to normalcy in sand pricing, with expectations for a return to mid-teen levels [21][36] Company Strategy and Development Direction - The company aims to ramp up volumes and achieve full effective utilization of the Dune Express by midyear [8] - The acquisition of Mosier Energy Systems is seen as a platform investment into the distributed power market, with plans to grow its fleet from 212 megawatts to approximately 310 megawatts by the end of 2026 [15][16] - The company is focused on shareholder returns, having increased its quarterly dividend by 4% [13][36] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about a gradual recovery in the Permian profit market and rational pricing behavior among competitors [20][21] - The company expects Q1 volumes to be up 10% to 15% sequentially and anticipates adjusted EBITDA for Q1 to be between $75 million and $85 million [41] - Full-year 2025 adjusted EBITDA is expected to reflect the contribution from the Mosier acquisition [42] Other Important Information - The company has paid out $252 million in total dividends and distributions since inception [53] - The Dune Express is described as the world's first commercial driverless delivery operation, enhancing logistics efficiency [10][49] Q&A Session Summary Question: Can you speak to the volume moved down the Dune Express and gating factors for full utilization? - The company is currently running at 50% to 60% of capacity and expects to reach full utilization by midyear, with some planned downtime for optimization [60][62] Question: How are you balancing growth opportunities with returning cash to shareholders? - The company aims to maintain a stable dividend while pursuing high-return growth projects, with a focus on optimizing cash flow [66][68] Question: Can you discuss plans for the Mosier acquisition and future power generation? - The Mosier acquisition is viewed as a platform for growth in the power business, with potential for rapid expansion based on customer demand [75][76] Question: What are the cost savings of using autonomous trucks versus regular trucks? - The company noted that labor constitutes about 70-80% of truck operating costs, indicating significant potential savings with autonomous trucks [82] Question: What is the current contract coverage for the year? - The company has approximately 22 million tons contracted for 2025, with expectations for this number to increase [117] Question: Are you seeing interest from customers for longer-term contracts? - There is a trend towards longer-term contracts, which may have lower pricing but provide volume stability [120]

Core Viewpoint - Atlas Energy Solutions Inc. reported quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.17 per share, and down from $0.37 per share a year ago, indicating a significant earnings surprise of -64.71% [1] Financial Performance - The company posted revenues of $271.34 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.11%, and showing a substantial increase from year-ago revenues of $141.14 million [2] - Over the last four quarters, Atlas Energy Solutions has not surpassed consensus EPS estimates, with the most recent quarter also reflecting a decline in earnings expectations [2][6] Stock Performance - Atlas Energy Solutions shares have lost about 7% since the beginning of the year, contrasting with the S&P 500's gain of 2.2%, indicating underperformance in the market [3] - The current Zacks Rank for the stock is 5 (Strong Sell), suggesting that shares are expected to underperform the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $0.26 on revenues of $298.98 million, and for the current fiscal year, it is $1.50 on revenues of $1.27 billion [7] - The trend of estimate revisions for Atlas Energy Solutions has been unfavorable ahead of the earnings release, which may impact future stock performance [6] Industry Context - The Oil and Gas - Integrated - United States industry is currently in the top 20% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Acquisition Details - Atlas Energy Solutions Inc. announced a definitive agreement to acquire Moser Energy Systems for a total transaction value of $220 million, consisting of $180 million in cash and approximately 1.7 million shares valued at $40 million[1][2]. - The acquisition is anticipated to be immediately accretive and is expected to close by the end of Q1 2025, pending customary closing conditions[4][7]. - Moser Energy Systems has a strong EBITDA margin profile of over 50%, which is expected to enhance Atlas's cash flow generation and shareholder returns[4]. - The company is in the process of completing the Moser Acquisition, which is subject to various risks and uncertainties[27]. - The company anticipates potential synergies from the Moser Acquisition, but the realization of these benefits is uncertain[27]. Financial Projections - For Q4 2024, estimated revenue is projected to be between $270.0 million and $272.0 million, representing an increase of approximately 92% compared to Q4 2023 revenue of $141.1 million[11]. - Estimated Adjusted EBITDA for Q4 2024 is expected to be between $62.2 million and $64.2 million, a decrease of approximately 8% from Q4 2023 Adjusted EBITDA of $68.7 million[12]. - For the fiscal year 2024, revenue is expected to be between $1,055.0 million and $1,057.0 million, an increase of approximately 72% compared to $614.0 million in fiscal year 2023[19]. - Estimated Adjusted EBITDA for the fiscal year 2024 is projected to be between $287.9 million and $289.9 million, a decrease of approximately 12% from $329.7 million in fiscal year 2023[19]. - Full Year 2023 Net Income was $226,493,000, with an estimated range for Full Year 2024 between $58,392,000 and $59,792,000[30]. - Full Year 2023 Adjusted EBITDA was $329,655,000, with an estimated range for Full Year 2024 between $287,866,000 and $289,866,000[30]. Cash Flow and Income - Cash and cash equivalents are expected to total approximately $71.7 million, a decrease of approximately 66% from $210.2 million at the end of fiscal year 2023[19]. - Net Income for Q4 2023 was $36,050,000, with an estimated range for Q4 2024 between $12,850,000 and $14,250,000[30]. - EBITDA for Q4 2023 was $64,057,000, with an estimated range for Q4 2024 between $64,928,000 and $67,328,000[30]. - EBITDA for Full Year 2023 was $316,957,000, with an estimated range for Full Year 2024 between $232,145,000 and $234,545,000[30]. Operational Strategies - Atlas continues to invest in technologies such as autonomous trucking and artificial intelligence to improve operational efficiencies and reduce costs[20]. Risks and Uncertainties - The company is facing risks related to commodity price volatility, particularly due to geopolitical tensions in regions like Ukraine and the Middle East[27]. - The company has outlined a stock repurchase program, but the successful execution of this program is uncertain[27].