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Atlas Energy Solutions Priced, NYSE: AESI

Mines in-basin Permian frac sand for the oil and gas industry.

Industry: Energy

Latest Trade: $16.99 +0.21 (+1.3%)

First Day Return: -5.8%

Return from IPO: -6.8%

Industry: Energy

We are a leading provider of proppant and logistics services to the oil and natural gas industry within the Permian Basin of West Texas and New Mexico, the most active oil and natural gas basin in North America. Our core mission is to maximize value for our stockholders by generating strong cash flow and allocating our capital resources efficiently, including providing a regular and durable return of capital to our investors through industry cycles. In our pursuit of this mission, we deploy innovative techniques and technologies to develop our high-quality resource base and efficiently deliver our products to customers through leading-edge logistics solutions. We believe that our uniquely-positioned asset base and our differentiated approach are distinct competitive advantages that make us a more reliable supplier than our competitors. We believe we have developed a strong brand recognition for reliability and strong customer service that has enabled us to increase the volume of proppant sold every year since the founding of the Company in 2017.
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IPO News for Atlas Energy Solutions
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IPO Data
IPO File Date 01/31/2023
Offer Price $18.00
Price Range $20.00 - $23.00
Offer Shares (mm) 18.0
Deal Size ($mm) $324
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/08/2023
Offer Price $18.00
Price Range $20.00 - $23.00
Offer Shares (mm) 18.0
Deal Size ($mm) $324
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Austin, TX
Founded 2017
Employees 371
Website atlas.energy