Atlas Energy Solutions Inc.

Atlas Energy Solutions Inc. (NYSE: AESI) is a leading proppant producer, logistics provider, and distributed power solutions company primarily serving the Permian Basin of West Texas and New Mexico. The company operates through two reportable segments: Sand and Logistics, and Power.

In the Sand and Logistics segment, Atlas operates 14 proppant production facilities across the Permian Basin, including large-scale in-basin facilities and smaller distributed mining units. The company produces high-quality 40/70-mesh and 100-mesh frac sand used in well completion operations. As of December 31, 2025, Atlas maintained proven and probable sand reserves of 571.3 million tons across its Kermit facilities, Monahans facility, and OnCore distributed mining network. The company's differentiated logistics platform includes a fleet of fit-for-purpose trucks, trailers, wellsite equipment, and the Dune Express, a 42-mile conveyor system capable of transporting 13 million tons of proppant annually. Atlas is also integrating autonomous driving technologies into certain trucks to create a semi-autonomous oilfield logistics network. The company's reserve life extends approximately 29 years for K1/K2 facilities, 11 years for K115/874 facilities, 27 years for the Monahans facility, and 20 years for the OnCore distributed mining network.

The Power segment provides distributed energy solutions through a fleet of more than 1,000 natural gas-powered reciprocating generators supporting production and artificial lift operations across major United States resource basins. The company maintains in-house manufacturing and remanufacturing capabilities with critical in-field service to ensure market-leading uptime.

Founded in 2017, Atlas Energy Solutions operates with a mission to improve access to hydrocarbons while maximizing shareholder value creation. The company emphasizes innovation in sustainability, including reducing energy consumption, emissions, and aerial footprint through what it terms Sustainable Environmental and Social Progress. Operations are managed from a command center in Austin, Texas, enabling remote monitoring and management of all facilities. The company's strategic facility locations provide proximity to major highways and interstate access, facilitating efficient proppant transportation throughout the Permian Basin. Atlas maintains numerous federal, state, and local permits required for operations, with environmental compliance predominantly regulated by the Texas Commission on Environmental Quality.