Aris Water Solutions, Inc.
23.69+0.00 (+0%)
Oct 17, 9:33:37 AM EDT · NYSE · ARIS · USD
Key Stats
Market Cap
1.40BP/E (TTM)
28.20Basic EPS (TTM)
0.84Dividend Yield
0.02%Recent Filings
8-K
Aris merges into WES
Aris Water Solutions completed its merger with Western Midstream Partners on October 15, 2025, becoming a wholly owned subsidiary after stockholder approval on October 14. Shareholders received either 0.625 WES common units, $25.00 cash (prorated to cap aggregate cash at $415.0 million), or a mix of 0.450 units plus $7.00 cash. The deal terminated the credit agreement and tax receivable agreement for $80.0 million, triggering NYSE delisting. Control shifted fully to WES.
10-Q
Q2 FY2025 results
Aris Water Solutions posted solid Q2 results, with total revenue climbing 23% year-over-year to $124.1M, fueled by 13% higher produced water handling volumes at 1,234 kbwpd and 44% more water solutions sales at 523 kbwpd, though direct operating costs rose 45% to $58.2M from maintenance timing. Operating income edged up 10% to $26.3M, while net income grew 7% to $14.1M, with diluted EPS steady at $0.19; YTD figures show revenue up 20% to $244.6M and net income flat at $30.1M, EPS dipping to $0.44 from $0.41 amid share dilution. Cash swelled to $57.4M, free cash flow hit $25.3M (derived from $66.2M operating cash minus $40.8M capex), and debt shifted to $500M in 7.25% notes due 2030 after refinancing, with full revolver availability. The pending merger with Western Midstream, announced August 6 for up to $25 per share in cash or units, adds acquisition costs but promises scale. Yet merger delays could disrupt customer ties.
8-K
Q2 results amid acquisition
Aris Water Solutions posted Q2 2025 net income of $14.1 million and Adjusted EBITDA of $54.6 million, up 9% year-over-year, fueled by record produced water handling volumes that climbed 13% to 1,234 thousand barrels per day while recycled water sales surged 35%. Yet margins dipped slightly amid higher costs. Volumes hit records. The pending $1.5 billion acquisition by Western Midstream, announced August 6, overshadows operations, with no earnings call planned.
8-K
Aris merges with WES
Aris Water Solutions agreed to merge with Western Midstream Partners on August 6, 2025, in a deal converting shares into 0.625 WES units, $25 cash (prorated to $415 million total), or a mix of 0.450 units plus $7 cash. Supporting stockholders holding 42% of shares pledged votes in favor, while a TRA amendment caps termination payments at $80 million, down from $183.4 million. Deal closes by February 6, 2026, pending approvals. Risks include regulatory hurdles.
8-K
WES acquires Aris for $2B
Western Midstream Partners announced a $2.0 billion acquisition of Aris Water Solutions on August 6, 2025, blending equity and up to $415 million cash for a fully integrated produced-water network in the Delaware Basin. This merger expands WES's New Mexico reach, diversifies customers via Aris's long-term contracts, and targets $40 million in annual cost synergies while keeping leverage at 3.0x. Deal closes Q4 2025, pending approvals. Shareholder approval remains key.
IPO
Website
Employees
Sector
Industry
ARTNA
Artesian Resources Corporation
32.47-1.46
AWK
American Water Works Company, I
130.06-4.75
AWR
American States Water Company
72.65-2.76
CDZI
Cadiz, Inc.
5.51-0.22
CETI
Cyber Enviro-Tech Inc.
0.15-0.00
CWCO
Consolidated Water Co. Ltd.
34.06-1.34
GWRS
Global Water Resources, Inc.
9.94-0.48
UUGRY
United Utilities Group PLC
31.78-0.42
WBI
WaterBridge Infrastructure LLC
23.57-0.49
WTTR
Select Water Solutions, Inc.
11.85+0.45