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Aris Water Solutions Priced, NYSE: ARIS

Operates a water pipeline for the oil and gas fracking industry.

Industry: Energy

Latest Trade: $14.83 0.00 (0.0%)

First Day Return: +10.0%

Return from IPO: +14.1%

Industry: Energy

We are a leading, growth-oriented environmental infrastructure and solutions company that directly helps our customers reduce their water and carbon footprints. We deliver full-cycle water handling and recycling solutions that increase the sustainability of energy company operations. Our integrated pipelines and related infrastructure create long-term value by delivering high-capacity, comprehensive produced water management, recycling and supply solutions to operators in the core areas of the Permian Basin. We provide critical environmental solutions to many of the most active and well-capitalized companies operating in the Permian Basin, including affiliates of ConocoPhillips, Occidental Petroleum Corporation, Exxon Mobil Corporation, Marathon Oil Corporation, Chevron Corporation and Mewbourne Oil Company. Operators are increasingly prioritizing their environmental impact as a measure of success with an emphasis on rapidly increasing the use of recycled produced water in their operations. Our expansive infrastructure, advanced logistics and water treatment methods allow us to reliably gather our customers’ produced water and recycle it for use in their operations. We believe our solutions make a significant contribution to the ability of our customers to achieve their sustainability-related objectives. Since inception, we have been committed to responsibly developing, operating and deploying technology to safely reduce our customers’ environmental footprint.
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IPO Data
IPO File Date 09/23/2021
Offer Price $13.00
Price Range $16.00 - $18.00
Offer Shares (mm) 17.7
Deal Size ($mm) $229
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/21/2021
Offer Price $13.00
Price Range $16.00 - $18.00
Offer Shares (mm) 17.7
Deal Size ($mm) $229
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
Citi
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Company Data
Headquarters Houston, TX, United States
Founded 2015
Employees 141
Website www.solariswater.com

Aris Water Solutions (ARIS) Performance