Atlas Energy Solutions executive chairman Ben Brigham buys $128,886 in stock

AUSTIN, TX—Ben M. Brigham, Executive Chairman and a significant shareholder of Atlas Energy Solutions Inc. (NASDAQ:AESI), has acquired additional shares in the company. According to a recent SEC filing, Brigham purchased 9,635 shares of common stock on May 14, 2025, at a weighted average price of $13.3769 per share, totaling approximately $128,886. The purchase comes as Atlas Energy, currently valued at $1.64 billion, offers a notable 7.7% dividend yield. InvestingPro analysis indicates the stock is trading below its Fair Value, with several positive indicators available to subscribers.

Following this transaction, Brigham’s direct ownership in Atlas Energy Solutions stands at 572,397 shares. In addition to his direct holdings, Brigham is associated with several entities that hold significant shares in the company. These include 10,526,880 shares held by Anne and Bud Oil & Gas Vested, LLC, and 2,518,721 shares by Anne and Bud Oil & Gas Unvested, LLC. Brigham also has indirect interests in 1,564,346 shares through Brigham Children’s Family LP, and his spouse holds 54,388 shares independently.

Brigham’s recent acquisition underscores his continued confidence in Atlas Energy Solutions, where he plays a pivotal role as both an executive and a major shareholder. The company’s comprehensive analysis, including detailed financial health metrics and growth projections, is available through the InvestingPro platform’s exclusive research reports.

In other recent news, Atlas Energy Solutions reported its first-quarter 2025 earnings, revealing a significant miss on earnings per share (EPS), posting $0.01 against the forecasted $1.06. Despite this, the company exceeded revenue expectations with $297.6 million, surpassing the anticipated $234.1 million. The company completed the acquisition of Moser Energy Systems and launched the Dune Express logistics infrastructure, contributing to its revenue growth. Analyst Scott Gruber from Citi adjusted the price target for Atlas Energy Solutions, lowering it from $18.00 to $14.00, while maintaining a Neutral rating, citing changes in the company’s financial model and a broader bearish sentiment in the oil market. Gruber’s projections suggest a second-quarter adjusted EBITDA of approximately $76 million and a full-year 2025 EBITDA of $302 million. During its annual meeting, Atlas Energy Solutions elected three Class II directors and ratified Ernst & Young LLP as its independent registered public accounting firm. Additionally, stockholders approved an annual advisory vote on executive compensation. These developments reflect the company’s ongoing efforts to navigate market challenges while maintaining strategic growth initiatives.

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