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Stock impact report

Aris Water Solutions, Inc. Reports Fourth Quarter and Full Year 2024 Results and Provides 2025 Outlook; Raises Quarterly Dividend by 33% and Announces Acquisition of the McNeill Ranch [Yah...

Aris Water Solutions, Inc. (ARIS) 
Last aris water solutions, inc. earnings: 6/8 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
and operating results for the fourth quarter and full year ended December 31, 2024. FOURTH QUARTER AND FULL YEAR 2024 HIGHLIGHTS Grew produced water volumes 7% year-over-year Set a new quarterly record for recycled water volumes, growing 16% for the year and 18% sequentially in the fourth quarter of 2024 Achieved fourth quarter and full year 2024 net income of $13.8 million and $60.2 million, respectively Generated Adjusted EBITDA of $54.5 million for the fourth quarter of 2024, up 10% year-over-year, and $211.9 million for the full year, up 21% from 2023 Full year 2024 Cash Paid for Property, Plant and Equipment of $100 million Full year 2024 Capital Expenditures of $101 million, down 35% from 2023 Increased quarterly dividend 33% to $0.14 per share for the first quarter of 2025 Acquired the 45,000 acre McNeill Ranch in Texas and New Mexico, providing significant optionality for future growth "Aris had a remarkable fourth quarter and a great year in which we succe Show less Read more
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