Atlas Energy Solutions (AESI) Declares $0.20 Quarterly Dividend; 4.1% Yield
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Atlas Energy Solutions Announces Second Quarter 2023 Results, Increases Dividend by 33%
July 31, 2023 4:15 PM EDTAUSTIN, Texas--(BUSINESS WIRE)-- Atlas Energy Solutions Inc. (NYSE: AESI) (Atlas or the Company) today reported financial and operating results for the second quarter of 2023.
Second Quarter 2023 Highlights
Total sales of $161.8 million (including proppant sales volumes of 2.8 million tons) Net income of $71.2 million (44% Net Income Margin) Adjusted EBITDA of $92.8 million (57% Adjusted EBITDA Margin) (1) Net cash provided by operating activities of $103.9 million Adjusted Free Cash Flow of $81.9 million (51% Adjusted Free Cash Flow Margin) (1) Dune Express construction tracking on-time and on-budget Kermit... More