Financial Data and Key Metrics Changes - Adjusted EBITDA for Q2 2023 was $42.6 million, up 40% from Q2 2022 and up 12% sequentially from Q1 2023, exceeding expectations [15] - Total water volumes grew by 9% quarter-over-quarter, while adjusted EBITDA increased by 12% [8] - The company recorded a debt to adjusted EBITDA ratio below the midpoint of its long-term leverage target, with $171 million of available liquidity [19] Business Line Data and Key Metrics Changes - Produced water business experienced volumetric growth of 8% compared to Q1 2023, averaging over 1 million barrels per day [9] - Water recycling and sourcing business sold 452,000 barrels of water per day in Q2, growing sequentially by 12% [9] - The company is on track to reduce rental equipment costs by approximately $3.2 million on an annualized basis compared to the end of Q2 last year [10] Market Data and Key Metrics Changes - The Northern Delaware basin continues to show strong production growth, with operators indicating increased activity despite fluctuations in commodity prices [6] - Seven large customers have indicated they are increasing production in the core acreage, leading to a modest increase in growth capital outlook for the second half of the year [12] Company Strategy and Development Direction - The company is focused on executing its business plan ahead of schedule, with ongoing cost reduction and asset optimization efforts [7] - Plans to expand infrastructure to capture additional volumes and support existing customers while exploring new opportunities [12] - The company is actively testing treatment technologies for beneficial reuse of produced water, collaborating with major industry players [13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued volume growth and the ability to manage through inflationary pressures [10][21] - The company anticipates incremental margin improvement from ongoing projects and cost reduction initiatives in the second half of the year [11][20] - Management remains optimistic about the long-term future, citing strong customer demand and capital allocation to their acreage [25] Other Important Information - The company received Hart Energy's 2023 ESG Award for contributions towards sustainability in the Permian Basin [14] - The company announced its eighth consecutive dividend of $0.09 per share, to be paid on September 28 [19] Q&A Session Summary Question: Growth outlook beyond 2023 - Management indicated strong volume growth is expected to continue, supported by significant capital allocation to their acreage [25] Question: M&A landscape and growth strategy - Management noted opportunities for organic growth with better returns, while evaluating potential M&A opportunities as they arise [27] Question: Third quarter guidance and activity levels - Management clarified that the expected pullback in Q3 is timing-related and not indicative of a slowdown in overall activity [30][31] Question: Progress on rental equipment removal and cost reductions - Management reported being about halfway through the process of reducing rental equipment costs, with further reductions expected in the second half of the year [34][35]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-40955 Aris Water Solutions, Inc. (Exact name of registrant as specified in its charter) Delaware 87-1022110 ...

Aris Water Solutions, Inc. (NYSE:ARIS) Q1 2023 Earnings Conference Call May 9, 2023 9:00 AM ET Company Participants David Tuerff - Senior Vice President of Finance and Investor Relations William Zartler - Founder and Executive Chairman Amanda Brock - President and Chief Executive Officer Stephan Tompsett - Chief Financial Officer Conference Call Participants Spiro Dounis - Citigroup Inc. Samantha Hoh - Evercore ISI Wade Suki - Capital One Securities, Inc. Selman Akyol - Stifel, Nicolaus & Company, Incorpora ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-40955 Aris Water Solutions, Inc. (Exact name of registrant as specified in its charter) Delaware 87-102211 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-40955 Aris Water Solutions, Inc. (Exact name of registrant as specified in its charter) Delaware 87-1022110 (St ...

Financial Data and Key Metrics Changes - In 2022, the company achieved over 20% growth in both volume and adjusted EBITDA compared to 2021 [7] - Adjusted EBITDA for Q4 2022 was $36.1 million, up 1% year-over-year but down 9% sequentially from Q3 2022 [17] - The company invested approximately $147 million in capital during the year, aligning with expectations [17] Business Line Data and Key Metrics Changes - Full year volumes increased by 36% and adjusted EBITDA rose by 24% year-over-year [10] - Recycled produced water volumes grew nearly 2.5 times compared to 2021, with a significant increase in active facilities [11] - Operating costs for downhole disposal stabilized in Q4, but lower skim oil revenue impacted operating margins [10] Market Data and Key Metrics Changes - The company anticipates produced water volumes to grow by 15% to 20% overall in 2023, despite a slight decline in early 2023 [12] - The forecast for produced water rates is expected to increase by approximately $0.02 to $0.04 per barrel on average in 2023 [18] - The company expects lower completion activity from customers in 2023, impacting overall volumes [19] Company Strategy and Development Direction - The company aims to be a natural consolidator in the fragmented oil field water infrastructure industry and is focused on strategic fit and financial discipline in M&A [9] - There is a strong emphasis on operational efficiencies and capital discipline, with a focus on realizing further operational efficiencies [9][16] - The company is exploring beneficial reuse of produced water and has initiated collaborative efforts with major industry players [14][15] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges from inflation, severe weather, and changes in customer activity impacting Q4 performance [10] - The outlook for 2023 includes expectations for improved operating margins in the second half of the year due to cost optimization efforts and CPI-linked revenue increases [22] - Management remains optimistic about growth opportunities and plans to become free cash flow positive by early 2024 [33] Other Important Information - The company exceeded its sustainability performance target for 2022, with recycled produced water exceeding 70% of total water volume sold [15] - The company has no debt maturities until 2025 and ended the year with a debt to adjusted EBITDA ratio of 3.0 [21] - A dividend of $0.09 per share was announced, to be paid on March 29, 2023 [21] Q&A Session Summary Question: Can you discuss milestones for margin improvements and comfort with guidance? - Management indicated that improvements in operating margins are expected in the second half of the year, with specific focus on addressing rental equipment and electrical costs [27][28] Question: What is the outlook for completion activity and its impact on volumes? - Management noted that completion activity is expected to be lower, influenced by one large customer reducing their forecast, but acknowledged that this is a short cycle business [30] Question: Can you elaborate on the selective growth strategy and free cash flow outlook? - Management confirmed a more discerning approach to growth projects, emphasizing the importance of achieving certain return thresholds and indicated that early 2024 could be an inflection point for free cash flow [32][33] Question: What is the profitability difference between interruptible volumes and guidance assumptions? - Management stated that interruptible volumes are about $0.10 per barrel more profitable and highlighted the potential for growth in this area [55] Question: Can you provide an update on the integration of Delaware Energy Services? - Management expressed confidence in completing the integration by the second quarter, primarily dependent on supply chain issues [54] Question: How is the company approaching M&A opportunities? - Management indicated a disciplined approach to M&A, focusing on strategic fit and valuation alignment in the current market [34][36]

Aris Water Solutions, Inc. – Earnings Presentation Fourth Quarter and Full Year Ended 2022 Cautionary Statements Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Examples of forward-looking statements include, but are not limited to, those regarding our business strategy, our industry, our future profitability and projected guidanc ...

Aris Water Solutions, Inc. (NYSE:ARIS) Q4 2021 Earnings Conference Call March 1, 2022 9:00 AM ET Company Participants David Tuerff - SVP, Finance & Investor Relations Bill Zartler - Founder and Executive Chairman Amanda Brock - President and CEO Brenda Schroer - CFO Conference Call Participants John McKay - Goldman Sachs Dan Walk - J.P. Morgan Kyle May - Capital One Operator Greetings. Welcome to the Aris Water Solutions Fourth Quarter 2021 Conference Call. At this time, all participants are in a listen onl ...