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Aris Water Solutions , Inc. (NYSE:ARIS), a Delaware-incorporated company operating in the oil and gas field services industry with a market capitalization of $1.41 billion and an impressive 60.5% return over the past year, announced the results of its 2025 Annual Meeting of Stockholders held on May 21, 2025. According to InvestingPro analysis, the company maintains strong financial health with solid liquidity metrics. The key matters presented for shareholder voting were the election of three Class I Directors and the ratification of the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. The company, which currently offers a 2.35% dividend yield, has demonstrated consistent operational performance with a 12% revenue growth in the last twelve months.
At the meeting, shareholders elected Amanda M. Brock, Jacinto J. Hernandez, and W. Howard Keenan, Jr. to serve as Class I Directors until the 2028 Annual Meeting of Stockholders. The votes cast for the director nominees were as follows: Amanda M. Brock received 40,127,811 votes for and 9,549,113 withheld, Jacinto J. Hernandez received 39,827,402 votes for and 9,849,522 withheld, and W. Howard Keenan, Jr. received 34,483,865 votes for and 15,193,059 withheld. There were 4,412,707 broker non-votes for each nominee.
Additionally, the appointment of BDO USA, P.C. as the company’s independent auditor was ratified with an overwhelming majority of 54,026,052 votes for, 59,990 against, and 3,589 abstentions.
The company, formerly known as Solaris Water, Inc., is headquartered in Houston, Texas, and is listed on the New York Stock Exchange under the ticker symbol (NYSE:ARIS). Based on InvestingPro’s Fair Value analysis, the stock appears fairly valued at its current price of $23.61. This news is based on a press release statement filed with the U.S. Securities and Exchange Commission. For deeper insights into ARIS’s financial health and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, Aris Water Solutions Inc. reported its Q1 2025 financial results, exceeding both earnings and revenue projections. The company posted an earnings per share (EPS) of $0.35, surpassing the forecasted $0.30, and achieved a revenue of $120.49 million against an expected $114.12 million. Despite the positive financial performance, concerns over future guidance and economic conditions led to a notable decline in the company’s stock. Meanwhile, analysts from Citi and Raymond (NSE:RYMD) James have revised their price targets for Aris Water Solutions, with Citi lowering its target to $26 and maintaining a Neutral rating, while Raymond James reduced its target to $30 but upheld an Outperform rating. The analysts cited factors such as anticipated slower growth in the Permian Basin and the company’s strong positioning in the water services industry as influencing their decisions. Additionally, Lennox International (NYSE:LII) Inc. announced a joint venture with Ariston Group to introduce a new line of residential water heaters in North America, leveraging each company’s strengths in distribution and water heating technology. This collaboration, named Ariston Lennox Water Heating North America, reflects both companies’ commitment to expanding their market presence and providing energy-efficient solutions.
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