Atlas Energy Solutions Inc. · NYSE:AESI
Atlas Energy Solutions — Q4 2024 Earnings Presentation
22 slides from Atlas Energy Solutions's earnings presentation, Feb 25, 2025
Slide 1: Investor Presentation February 2025
Investor Presentation February 2025 NYSE: AESI
Slide 2: Important Disclosures
Important Disclosures Forward-Looking Statements This Presentation contains “forward-looking statements” of Atlas Energy Solutions Inc. (“Atlas,” the “Company,” “AESI,” “we,” “us” or “our”) within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Sectio
Slide 3: Important Disclosures (cont'd)
Important Disclosures (cont’d) Reserves This Presentation includes frac sand reserve and resource estimates based on engineering, economic and geological data assembled and analyzed by our mining engineers, which are reviewed periodically by outside firms. However, frac sand reserve estimates are by
Slide 4: Atlas Energy Solutions (NYSE: AESI) at a Glance
Atlas Energy Solutions (NYSE: AESI) at a Glance Market Capitalization (1) $2.3B Enterprise Value (1) $2.7B Headquarters Austin, Texas Stock Symbol NYSE: AESI Feb-2025 Update Video ctrl + click to play ctrl + click to play (1) Source: Factset. Market data as of 21-Feb-2025. | Video link: https://vime
Slide 5: Atlas Energy Solutions FY 2024 Financial & Operational Updates
Atlas Energy Solutions FY 2024 Financial & Operational Updates 24% Total Shareholder Return (1) Largest $252 million returned to shareholders (2) Permian Basin Frac Sand Provider (3) $1.1bn $289mm Leading Provider of Oilfield Logistics & FY’24 Revenue FY’24 Adj. EBITDA (4) Distributed Power Solution
Slide 6: Delivering Value Across the Lifecycle of the Well
Delivering Value Across the Lifecycle of the Well Atlas is a leading provider of energy solutions Completion Focused Offerings Proppant Resources The Dune Express Logistics Distributed Mining 5 fixed plants, located 42-mile conveyor that High-capacity multi- 9 active OnCore mines on the bookends of
Slide 7: Premier Permian Platform with Compelling Scale
Premier Permian Platform with Compelling Scale Tier One Resources uniquely positioned to service the entire Permian Competitively advantaged with basin-wide reach; mine locations are logistically advantaged to service the entire Permian Basin Five fixed plants, located on the bookends of the Winkler
Slide 8: The Dune Express: Proppant Midstream Infrastructure
The Dune Express: Proppant Midstream Infrastructure The first long-distance conveyor to transport proppant The Dune Express is a fully Routed into High Return Drilling (1) Routed into Deepest Inventory (1)(2)(3) electrified 42-mile overland conveyor system that transports proppant to the Delaware Ba
Slide 9: Logistically Advantaged Assets Drive Efficiency Gains
Logistically Advantaged Assets Drive Efficiency Gains Atlas deliveries are expected to reduce emissions by ~60 to 70% (1) relative to Winkler Trend deliveries, through expanded payloads & Atlas’s proximity to wellsites …is Increased by Dune Express, High-Capacity Trucking, Proppant Delivery Capacity
Slide 10: Leading Provider of Last Mile Logistics
Leading Provider of Last Mile Logistics Redefining the oilfield supply chain to a data driven and automated solution Delivered >80% of total sales volumes through our last AESI Payloads on Private Roads Far Exceed Industry Norm mile crews in Q4 2024 >120-truck fleet capable of delivering 13mmtpy of
Slide 11: The First Semi-Autonomous Proppant Supply Chain
The First Semi-Autonomous Proppant Supply Chain Setting a new standard in the oilfield for safety, efficiency and proppant logistics ndustrial with autonomy for Atlas Energy well-site - Futurride By the end of February 2025, we expect the Kodiak RoboTrucks to complete approximately 300 deliveries, w
Slide 12: AESI Logistics = Safer, More Reliable and Lower Emission Sand Delivery
AESI Logistics = Safer, More Reliable and Lower Emission Sand Delivery Daily Proppant Delivery Capacity per Truck (Current) Daily Proppant Delivery Capacity per Truck (Dune Express) Atlas Mine Atlas Mine Dune Express Route (1) Max Proppant (tons) Max Proppant (tons) < 100 < 100 350 - 500 100 - 124 1
Slide 13: Distributed Power Solutions: A Fit-for-Purpose Power Offering
Distributed Power Solutions: A Fit-for-Purpose Power Offering Dynamic power portfolio supports all phases of production operations, from initial production through the terminal phase of artificial lift operations >900+ natural-gas powered generator fleet, with ~212MW of Expansive Reach Servicing all
Slide 14: Committed to Consistent, Durable Returns of Capital to Shareholders
Atlas Remains Committed to Delivering Consistent, Durable Returns of Capital to Shareholders While Maintaining a Conservative Balance Sheet Since inception, Atlas has declared $252 million in distributions and dividends (1) Return of Capital Update Historical Investor Distributions & Dividends Post-
Slide 15: Management's E&P Background and Track Record of Value Creation
Management’s E&P Background and Track Record of Value Creation Disruptive Oil & Gas Ventures with Track Record of Success Management’s E&P Background Drives Customer Success Pioneering Use of 3D Seismic, Disruption in Horizontal D&C What We Observed Through an E&P Operator’s Lens Techniques within t
Slide 16: Appendix
wh Atlas Appendix Energy Solutions
Slide 17: Permian Basin Market Update – Strong Market Fundamentals
Permian Basin Market Update – Strong Market Fundamentals Completions efficiencies driving proppant demand growth; the Permian is the #1 basin in U.S. shale Permian Basin Production & Rig Count (1,2) Permian Frac Fleets & Proppant per Fleet per year (1) 1 The Permian Basin is Driving U.S. Shale Produ
Slide 18: Fast Growing Power Demand Across the US & Permian Basin
Fast Growing Power Demand Across the US & Permian Basin O&G operators demand highly reliable power with growth in adjacent markets Rental Power Demand Contribution by End-User ESP – Total Addressable Market in the U.S.(2) $2.6 17% 18% 16% 19% $2.2 $4.3B 9% $5.4B 8% 8% 7% $1.6 Total 2024P Total 2029P
Slide 19: Reconciliation and Calculation of Non-GAAP Financial Measurements
Reconciliation and Calculation of Non-GAAP Financial Measurements EBITDA and Adjusted EBITDA to Net Income (unaudited, in thousands) Three Months Ended Year Ended December September December December December December 31, 2024 30, 2024 31, 2023 31, 2024 31, 2023 31, 2022 Net income $ 14,402 $ 3,918
Slide 20: Reconciliation and Calculation of Non-GAAP Financial Measurements
Reconciliation and Calculation of Non-GAAP Financial Measurements Adjusted Free Cash Flow to Net Cash Provided by Operating Activities (unaudited, in thousands, except percentages) Three Months Ended Year Ended December September December December December December 31, 2024 30, 2024 31, 2023 31, 202
Slide 21: Non-GAAP Financial Measure Definitions
Non-GAAP Financial Measure Definitions Non-GAAP Financial Measures Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Free Cash Flow, Adjusted Free Cash Flow Margin, Adjusted Free Cash Flow Conversion and Maintenance Capital Expenditures are non-GAAP supplemental financial measures used by our manage
Slide 22: Investor Relations Contact
Investor Relations Contact For more information, please visit our website at https://atlas.energy/ IR Contact: Kyle Turlington 5918 W Courtyard Drive, Suite #500; Austin, Texas 78730 (T) 512-220-1200 IR@atlas.energy NYSE: AESI
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