(AESI) Atlas Energy Solutions - Overview

Sector: Energy | Industry: Oil & Gas Equipment & Services | Exchange: NYSE (USA) | Market Cap: 2.382m USD | Total Return: 39.6% in 12m

Frac Sand, Logistics Services, Distributed Power, Conveyor
Total Rating 43
Safety 21
Buy Signal -0.61
Oil & Gas Equipment & Services
Industry Rotation: -13.2
Market Cap: 2.38B
Avg Turnover: 62.9M
Risk 3d forecast
Volatility61.5%
VaR 5th Pctl10.7%
VaR vs Median5.45%
Reward TTM
Sharpe Ratio0.79
Rel. Str. IBD91.8
Rel. Str. Peer Group91
Character TTM
Beta1.252
Beta Downside1.376
Hurst Exponent0.689
Drawdowns 3y
Max DD65.91%
CAGR/Max DD0.08
CAGR/Mean DD0.20
EPS (Earnings per Share) EPS (Earnings per Share) of AESI over the last years for every Quarter: "2021-03": null, "2021-06": null, "2021-09": null, "2021-12": null, "2022-03": null, "2022-06": 0.36, "2022-09": null, "2022-12": 1.14, "2023-03": 0.03, "2023-06": 0.67, "2023-09": 0.51, "2023-12": 0.36, "2024-03": 0.26, "2024-06": 0.13, "2024-09": 0.04, "2024-12": 0.13, "2025-03": 0.0338, "2025-06": -0.04, "2025-09": -0.1842, "2025-12": -0.2099, "2026-03": -0.3642,
Last SUE: -0.31
Qual. Beats: 0
Revenue Revenue of AESI over the last years for every Quarter: 2021-03: 31.832, 2021-06: 44.427, 2021-09: 43.299, 2021-12: 52.846, 2022-03: 59.854, 2022-06: 131.323, 2022-09: 141.682, 2022-12: 149.865, 2023-03: 153.418, 2023-06: 161.788, 2023-09: 157.616, 2023-12: 141.138, 2024-03: 192.667, 2024-06: 287.518, 2024-09: 304.434, 2024-12: 271.338, 2025-03: 297.591, 2025-06: 288.676, 2025-09: 259.613, 2025-12: 249.43, 2026-03: 265.583,
Rev. CAGR: 31.64%
Rev. Trend: 90.7%
Last SUE: 1.02
Qual. Beats: 2

Warnings

High Debt/EBITDA (5.2) with thin interest coverage (-1.0)

Interest Coverage Ratio -1.0 is critical

Altman Z'' -0.27 < 1.0 - financial distress zone

Below Avwap Earnings

Tailwinds

Rs Leader, Idiosyncratic Leader

Description: AESI Atlas Energy Solutions

Atlas Energy Solutions Inc. (AESI) operates as a specialized provider of proppants, logistics, and power solutions within the Permian Basin. The company’s Sand and Logistics segment manages fourteen production facilities, supplying 40/70-mesh and 100-mesh sand to exploration and production (E&P) firms. To optimize delivery, AESI utilizes a 42-mile conveyor system known as the Dune Express alongside a specialized trucking fleet.

The company’s Power segment focuses on distributed energy through natural gas-powered generators, supporting heavy-duty artificial lift and oilfield operations. By producing sand locally in-basin, AESI reduces transportation costs and logistical bottlenecks common in the hydraulic fracturing supply chain. Proppant demand is a direct function of well completion intensity, as modern horizontal drilling requires significant volumes of sand to hold open rock fractures.

Investors can evaluate additional financial metrics and valuation models for AESI on ValueRay. The firm’s integrated model combines industrial mining with infrastructure-style logistics to serve the most active oil-producing region in the United States.

Headlines to Watch Out For
  • Dune Express conveyor system reduces logistics costs and improves delivery margins
  • Permian Basin drilling activity levels dictate demand for in-basin proppant sales
  • Expansion of distributed power segment diversifies revenue beyond traditional sand mining
  • Fleet modernization and automation efficiency drive operational margin improvements in logistics
  • Crude oil price volatility influences capital expenditure budgets of E&P customers
Piotroski VR-10 (Strict) 2.0
Net Income: -98.8m TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 6.10 > 1.0
NWC/Revenue: 4.68% < 20% (prev 12.43%; Δ -7.75% < -1%)
CFO/TA 0.06 > 3% & CFO 143.8m > Net Income -98.8m
Net Debt (722.7m) to EBITDA (137.8m): 5.25 < 3
Current Ratio: 1.17 > 1.5 & < 3
Outstanding Shares: last quarter (124.6m) vs 12m ago 4.07% < -2%
Gross Margin: 7.45% > 18% (prev 0.19%; Δ 725.9% > 0.5%)
Asset Turnover: 46.30% > 50% (prev 50.59%; Δ -4.29% > 0%)
Interest Coverage Ratio: -1.00 > 6 (EBITDA TTM 137.8m / Interest Expense TTM 61.7m)
Altman Z'' -0.27
A: 0.02 (Total Current Assets 335.9m - Total Current Liabilities 286.1m) / Total Assets 2.30b
B: -0.04 (Retained Earnings -97.6m / Total Assets 2.30b)
C: -0.03 (EBIT TTM -61.4m / Avg Total Assets 2.30b)
D: -0.09 (Book Value of Equity -96.3m / Total Liabilities 1.13b)
Altman-Z'' = -0.27 = B
Beneish M -1.90
DSRI: 0.93 (Receivables 208.4m/244.7m, Revenue 1.06b/1.16b)
GMI: 2.52 (GM 7.45% / 18.76%)
AQI: 0.96 (AQ_t 0.14 / AQ_t-1 0.15)
SGI: 0.92 (Revenue 1.06b / 1.16b)
TATA: -0.11 (NI -98.8m - CFO 143.8m) / TA 2.30b)
Beneish M = -1.90 (Cap -4..+1) = B
What is the price of AESI shares?

As of May 29, 2026, the stock is trading at USD 17.02 with a total of 3,509,472 shares traded.
Over the past week, the price has changed by -13.82%, over one month by -0.47%, over three months by +76.74% and over the past year by +39.60%.

Is AESI a buy, sell or hold?

Atlas Energy Solutions has received a consensus analysts rating of 3.75. Therefore, it is recommended to hold AESI.

  • StrongBuy: 3
  • Buy: 3
  • Hold: 6
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the AESI price?
Analysts Target Price 19 11.6%
Atlas Energy Solutions (AESI) - Fundamental Data Overview as of 24 May 2026
Market Cap USD = 2.38b (2.38b USD * 1.0 USD.USD)
P/E Forward = 21.692
P/S = 2.2401
P/B = 2.0378
Revenue TTM = 1.06b USD
EBIT TTM = -61.4m USD
EBITDA TTM = 137.8m USD
Long Term Debt = 557.0m USD (from longTermDebt, last quarter)
Short Term Debt = 78.1m USD (from shortTermDebt, last quarter)
Debt = 762.4m USD (from shortLongTermDebtTotal, last quarter) + Leases 69.9m
Net Debt = 722.7m USD (calculated: Debt 762.4m - CCE 39.8m)
Enterprise Value = 3.10b USD (2.38b + Debt 762.4m - CCE 39.8m)
Interest Coverage Ratio = -1.00 (Ebit TTM -61.4m / Interest Expense TTM 61.7m)
EV/FCF = 166.6x (Enterprise Value 3.10b / FCF TTM 18.6m)
FCF Yield = 0.60% (FCF TTM 18.6m / Enterprise Value 3.10b)
FCF Margin = 1.75% (FCF TTM 18.6m / Revenue TTM 1.06b)
Net Margin = -9.29% (Net Income TTM -98.8m / Revenue TTM 1.06b)
Gross Margin = 7.45% ((Revenue TTM 1.06b - Cost of Revenue TTM 984.1m) / Revenue TTM)
Gross Margin QoQ = -0.64% (prev 4.93%)
Tobins Q-Ratio = 1.35 (Enterprise Value 3.10b / Total Assets 2.30b)
Interest Expense / Debt = 8.09% (Interest Expense 61.7m / Debt 762.4m)
Taxrate = 21.0% (US default 21%)
NOPAT = -48.5m (EBIT -61.4m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.17 (Total Current Assets 335.9m / Total Current Liabilities 286.1m)
Debt / Equity = 0.65 (Debt 762.4m / totalStockholderEquity, last quarter 1.17b)
Debt / EBITDA = 5.25 (Net Debt 722.7m / EBITDA 137.8m)
Debt / FCF = 38.78 (Net Debt 722.7m / FCF TTM 18.6m)
Total Stockholder Equity = 1.22b (last 4 quarters mean from totalStockholderEquity)
RoA = -4.30% (Net Income -98.8m / Total Assets 2.30b)
RoE = -7.51% (Net Income TTM -98.8m / Total Stockholder Equity 1.32b)
RoCE = -3.28% (EBIT -61.4m / Capital Employed (Equity 1.32b + L.T.Debt 557.0m))
 RoIC = -2.37% (negative operating profit) (NOPAT -48.5m / Invested Capital 2.05b)
 WACC = 9.42% (E(2.38b)/V(3.14b) * Re(10.39%) + D(762.4m)/V(3.14b) * Rd(8.09%) * (1-Tc(0.21)))
Discount Rate = 10.39% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 76.41 | Cagr: 28.58%
[DCF] Terminal Value 71.77% ; FCFF base≈18.6m ; Y1≈18.7m ; Y5≈19.8m
 [DCF] Fair Price = N/A (negative equity: EV 260.8m - Net Debt 722.7m = -461.9m; debt exceeds intrinsic value)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.31 | # QB: 0
Revenue Correlation: 90.67 | Revenue CAGR: 31.64% | SUE: 1.02 | # QB: 2
EPS current Quarter (2026-06-30): EPS=-0.07 | Chg30d=+0.00% | Revisions=-20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=-0.04 | Chg30d=+0.00% | Revisions=+20% | Analysts=2
EPS current Year (2026-12-31): EPS=-0.42 | Chg30d=-16.67% | Revisions=-33% | GrowthEPS=-20.8% | GrowthRev=+1.4%
EPS next Year (2027-12-31): EPS=0.37 | Chg30d=+23.59% | Revisions=+33% | GrowthEPS=+187.3% | GrowthRev=+18.3%
[Analyst] Revisions Ratio: -33%