Aris Strategizes For Success In The Oil & Gas Industry
Aris Water Solutions(ARIS) Seeking Alpha·2024-04-10 21:01
DenGuy/E+ via Getty Images Thesis Shares of Aris Water Solutions, Inc. (NYSE:ARIS) nearly doubled in the past three months. They grew from $7.74 on January 19 to $15.15 on April 9. However, we need to take those numbers in context, because the shares had been at more than $20 in the summer of 2022, and then lost roughly two-thirds of their value: Data by YCharts Still, that decline should not be surprising because Aris provides environmental water solutions to energy companies in the Permian Basin and i ...