Atlas Energy Solutions Inc. · NYSE:AESI
Atlas Energy Solutions — Q1 2026 Earnings Presentation
11 slides from Atlas Energy Solutions's earnings presentation, May 5, 2026
Slide 1: Atlas Energy Solutions Announces First Quarter 2026 Results
May 4, 2026 Atlas Energy Solutions Announces First Quarter 2026 Results AUSTIN, Texas--(BUSINESS WIRE)-- Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today reported financial and operating results for the first quarter ended March 31, 2026. First Quarter 2026 Highlights Total
Slide 2: First Quarter 2026 Highlights
flagship Kermit facility beyond its original expectations. We saw a reduction in those higher costs as the quarter progressed and expect improved plant operating costs in the second quarter. With the underlying commodity macro environment having improved rapidly over the course of the first quarter,
Slide 3: Liquidity, Capital Expenditures and Other
million when compared to the fourth quarter of 2025, to $35.7 million or 5.9%. Net (loss) for the first quarter of 2026 was ($47.3) million, and Adjusted EBITDA for the first quarter of 2026 was $28.4 million. Liquidity, Capital Expenditures and Other As of March 31, 2026, the Company’s total liquid
Slide 4: Cautionary Statement Regarding Forward-Looking Statements
“objective,” “believe,” “expect,” “anticipate,” “intend,” “estimate” and other expressions that are predictions of or indicate future events and trends and that do not relate to historical matters identify forward-looking statements. Examples of forward-looking statements include, but are not limite
Slide 5: Forward-looking statements risk factors
access or water rights; changes in the price and availability of transportation services; inability of our customers to take delivery; difficulty collecting on accounts receivable; the level of completion activity in the oil and natural gas industry; inability to obtain necessary proppant production
Slide 6: Condensed Consolidated Statements of Operations
Rental revenue 17,530 18,090 7,337 Total revenue 265,583 249,430 297,591 Cost of sales (excluding depreciation, depletion and accretion expense) 214,025 187,298 206,063 Depreciation, depletion and accretion expense 45,226 41,896 37,000 Gross profit 6,332 20,236 54,528 Selling, general and administra
Slide 7: Condensed Consolidated Balance Sheets
Payment on Deferred Cash Consideration Note (11,085) — (101,252) Payments under finance leases (2,134) (1,340) (959) Repayment of equipment finance notes (2,599) (1,804) (841) Taxes withheld on vesting equity awards (1,227) (1,295) (595) Proceeds from equity offering, net of issuance costs — — 253,0
Slide 8: Non-GAAP Financial Measures
and their ability to sustain dividends or reinvest to organically fund growth projects over the long term without regard to financing methods, capital structure, or historical cost basis. These measures do not represent and should not be considered alternatives to, or more meaningful than, net incom
Slide 9: Atlas – Supplemental Information
transaction expenses, and certain litigation expenses, net of insurance reimbursements. Atlas Energy Solutions Inc. – Supplemental Information Reconciliation of Adjusted EBITDA and Adjusted Free Cash Flow to Net Income (unaudited, in thousands) Three Months Ended December 31, March 31, 2026 2025 Mar
Slide 10: Maintenance Capital Expenditures, accrual basis reconciliation
December 31, March 31, 2026 2025 March 31, 2025 Maintenance Capital Expenditures, accrual basis reconciliation: Purchases of property, plant and equipment $ 29,275 $ 21,808 $ 52,389 Changes in operating assets and liabilities associated with investing activities, equipment assets acquired through de
Slide 11: Investor Contact
View source version on businesswire.com: https://www.businesswire.com/news/home/20260504705464/en/ Investor Contact Kyle Turlington 5918 W Courtyard Drive, Suite #500 Austin, Texas 78730 United States T: 512-220-1200 IR@atlas.energy Source: Atlas Energy Solutions Inc.
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