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Aris Water Solutions(ARIS) - 2024 Q3 - Earnings Call Presentation
2024-11-05 16:10
Aris Water Solutions, Inc. – Earnings Presentation Third Quarter 2024 Cautionary Statements Forward-Looking Statements This presentation and the oral statements made in connection with this presentation contain "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, statements, information, opinions or beliefs regarding ...
Aris Water Solutions (ARIS) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-11-05 00:36
Aris Water Solutions, Inc. (ARIS) reported $112.31 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 12.6%. EPS of $0.22 for the same period compares to $0.17 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $105.09 million, representing a surprise of +6.87%. The company delivered an EPS surprise of -18.52%, with the consensus EPS estimate being $0.27.While investors scrutinize revenue and earnings changes year-over-year and how the ...
Aris Water Solutions, Inc. (ARIS) Misses Q3 Earnings Estimates
ZACKS· 2024-11-05 00:01
Aris Water Solutions, Inc. (ARIS) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -18.52%. A quarter ago, it was expected that this company would post earnings of $0.18 per share when it actually produced earnings of $0.18, delivering no surprise.Over the last four quarters, the compa ...
Aris Water Solutions(ARIS) - 2024 Q3 - Quarterly Results
2024-11-04 21:17
Exhibit 99.1 Source: Aris Water Solutions, Inc. November 4, 2024 Aris Water Solutions, Inc. Reports Third Quarter 2024 Results and Further Increases 2024 Adjusted EBITDA Outlook HOUSTON, Texas, November 4, 2024 – Aris Water Solutions, Inc. (NYSE: ARIS) ("Aris," "Aris Water" or the "Company") today announced financial and operating results for the third quarter ended September 30, 2024. THIRD QUARTER 2024 HIGHLIGHTS ● Increased produced water volumes 2% sequentially and 6% versus the third quarter of 2023 ● ...
ARIS MINING ANNOUNCES CLOSING OF US$450 MILLION SENIOR NOTES OFFERING TO FUND REDEMPTION OF OUTSTANDING 6.875% SENIOR NOTES
Prnewswire· 2024-10-31 12:52
Core Viewpoint - Aris Mining Corporation has successfully completed a US$450 million offering of 8.000% Senior Notes due 2029, aimed at refinancing existing debt and supporting growth initiatives [1][2]. Group 1: Financial Details - The offering of Senior Notes was upsized to US$450 million due to strong investor demand, with a pricing significantly below the market range of 8.25% to 8.50% [2]. - The net proceeds will be used to redeem existing 6.875% Senior Notes due in 2026 and for general corporate purposes [1][2]. Group 2: Company Operations - Aris Mining operates two gold mines in Colombia, Segovia and Marmato, producing 226,000 ounces of gold in 2023 [3]. - The company targets a production rate of approximately 500,000 ounces of gold per year by the second half of 2026, following expansions at its operations [3]. - Aris Mining is also advancing the Toroparu gold/copper project in Guyana and exploring acquisitions for growth [3]. Group 3: Strategic Initiatives - The company promotes the formalization of traditional miners into contract mining partners to ensure legal and responsible mining practices [4].
ARIS MINING ANNOUNCES PRICING OF US$450 MILLION SENIOR NOTES OFFERING TO FUND REDEMPTION OF OUTSTANDING 6.875% SENIOR NOTES
Prnewswire· 2024-10-24 19:33
VANCOUVER, BC, Oct. 24, 2024 /PRNewswire/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) today announces the pricing of its offering of US$450 million aggregate principal amount of 8.000% Senior Notes due 2029 (the "Notes"). The offering is expected to close on or about October 31, 2024. Aris Mining intends to use the net proceeds from the offering of the Notes to fund the redemption of its outstanding 6.875% Senior Notes due 2026 (the "2026 Notes") and for working capital ...
ARIS MINING ANNOUNCES LAUNCH OF US$400 MILLION SENIOR NOTES OFFERING TO FUND REDEMPTION OF OUTSTANDING 6.875% SENIOR NOTES
Prnewswire· 2024-10-21 12:07
VANCOUVER, BC, Oct. 21, 2024 /PRNewswire/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) announced today that it has commenced an offering of US$400 million aggregate principal amount of Senior Notes due 2029 (the "Notes"). Aris Mining intends to use the net proceeds from the offering of the Notes to fund the redemption of its outstanding 6.875% Senior Notes due 2026 (the "2026 Notes") and for working capital and general corporate purposes. Pursuant to the terms of the ind ...
Aris Water Solutions: One Of The Few Oases In The Desert Of The Oil Industry
Seeking Alpha· 2024-10-09 09:02
Welcome to Growth Arcane, where we specialize in uncovering opportunities with compelling fundamental characteristics and robust long-term catalysts. With a primary focus on the US market, we delve into various industries, regardless of their market capitalization. Explore with us, and don't hesitate to reach out if you have any questions.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the n ...
ARIS MINING REPORTS Q3 2024 GOLD PRODUCTION, UPDATES SEGOVIA RESERVE AND RESOURCE ESTIMATES AND EXPANSION MILESTONES
Prnewswire· 2024-10-07 22:40
Core Viewpoint - Aris Mining Corporation reported a gold production of 53,608 ounces in Q3 2024, marking a 9% increase from Q2 2024, with significant progress on expansion projects at Segovia and Marmato [1][2][3] Production Results - Total gold production for Q3 2024 was 53,608 ounces, with 47,493 ounces from Segovia and 6,115 ounces from the Marmato Upper Mine [1] - This production represents a 9% increase compared to Q2 2024 [1] Expansion Projects - The Segovia expansion's Phase 1 is complete, enhancing mill feed capacity and operational efficiencies, while Phase 2 is underway and expected to be completed in Q1 2025 [3] - The Segovia expansion aims for gold production of 185,000 to 195,000 ounces in 2024, 250,000 ounces in 2025, and over 300,000 ounces in 2026 [3] - The Marmato Lower Mine expansion is progressing on schedule, with an expected annual production of 162,000 ounces over a 20-year mine life once operational [5] Mineral Resource and Reserve Estimates - Updated mineral resource estimates as of July 31, 2024, show growth in mineral resources and full replacement of mineral reserves, supporting ongoing expansion projects [4] - The 2024 mineral resource estimate includes 3,396,000 ounces of gold in measured and indicated categories [8] - The 2024 mineral reserve estimate includes 1,343,000 ounces of gold in proven and probable categories [12] Financial Milestones - As of September 30, 2024, the project reached the "25% spend" milestone, triggering a US$40 million payment under the precious metals purchase agreement with Wheaton Precious Metals [6]
3 Waste Removal Services Stocks to Watch Amid Industry Challenges
ZACKS· 2024-09-27 14:05
Industry Overview - The Waste Management industry is experiencing positive trends due to government regulations, advanced technologies, and increased environmental awareness [1] - The global waste management sector reached $1.3 trillion in 2022 and is projected to grow to $2 trillion by 2030, driven by improved waste collection methods and rising waste volumes in emerging markets [1] - The industry is categorized into segments such as industrial, commercial, domestic, and agricultural waste, with industrial waste gaining significance due to ongoing industrial expansion [2] Technological Advancements - Technology plays a crucial role in waste management, with innovations like artificial intelligence improving waste sorting and recycling processes [4] - Waste-to-Energy (WTE) technologies, including thermal and biological solutions, are expected to grow from $38.4 billion in 2024 to $65.3 billion by 2029, at a CAGR of 11.2% [5] Financial Performance - The Zacks Waste Removal Services industry has outperformed the broader sector with a gain of 32.3% compared to 29.4% for the sector, but lags behind the S&P 500's 34.7% growth over the past year [9] - The industry is currently trading at an EV-to-EBITDA ratio of 12.25X, lower than the S&P 500's 19.21X and the sector's 28.81X [10] Company Highlights - **Republic Services, Inc. (RSG)**: The company benefits from high customer loyalty, digital capabilities, and sustainability efforts, with a customer retention rate above 94% and a 5.5% share price increase in the past six months [13][14] - **Clean Harbors, Inc. (CLH)**: Revenue growth is driven by record volumes of containerized waste and improved pricing, with shares rising 20.8% in the past six months [16][17] - **Aris Water Solutions, Inc. (ARIS)**: The company has shown significant performance improvement, with a 16.1% share price increase in the past six months, supported by resilient volumes from long-term contracts [19][21]