Bullish indicating open at $55-$60, IPO prices at $37
Douglas G. Rogers, a director at Atlas Energy Solutions Inc. (NYSE:AESI), recently purchased 7,000 shares of the company’s common stock. The purchase comes as the stock trades significantly below its 52-week high of $26.86, having declined about 34% over the past six months. According to InvestingPro data, the company offers an attractive 7.83% dividend yield. This transaction, which took place on May 14, 2025, was completed at a weighted average price of $13.266 per share, resulting in a total investment of $92,862. Following this acquisition, Rogers holds a total of 10,000 shares in the company. The shares were acquired in multiple transactions, with prices ranging from $13.2632 to $13.2691. InvestingPro analysis indicates the company maintains strong liquidity with a current ratio of 1.62, while offering additional insights through 6 key ProTips and a comprehensive Pro Research Report covering this $1.58 billion market cap company.
In other recent news, Atlas Energy Solutions reported its first-quarter earnings for 2025, revealing a significant miss on earnings per share (EPS), which came in at $0.01 compared to the forecasted $1.06. However, the company exceeded revenue expectations with $297.6 million against a forecast of $234.1 million, driven by strong performance in logistics operations and proppant sales. Citi analyst Scott Gruber adjusted Atlas Energy’s price target from $18.00 to $14.00, maintaining a Neutral rating due to revised estimates for proppant sales and logistics margins. Gruber anticipates a second-quarter adjusted EBITDA of approximately $76 million, aligning closely with FactSet’s consensus. Atlas Energy Solutions also completed the acquisition of Moser Energy Systems and launched the Dune Express logistics infrastructure, marking significant strategic developments. During its annual stockholders’ meeting, the company ratified Ernst & Young LLP as its independent auditor and announced the election of three Class II directors. The board also decided to hold annual advisory votes on executive compensation moving forward. These developments reflect Atlas Energy’s ongoing efforts to navigate market challenges and optimize its operational strategies.
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