Financial Data and Key Metrics - Adjusted EBITDA for Q3 2024 was $54.3 million, up 9% sequentially and 21% year-over-year [14][24] - Operating margins improved to $0.45 per barrel, up 13% year-over-year, driven by operational efficiencies and cost reductions [13][24] - Full-year 2024 adjusted EBITDA guidance increased to $208-$212 million, reflecting strong performance and slightly increased customer activity levels [15][28] - Q3 capital expenditures were $8 million, with full-year 2024 CapEx expected to be $98-$105 million [26] - Net debt stood at $422 million, with a debt-to-adjusted EBITDA ratio of 2.0x, well below the target range of 2.5x-3.5x [30] Business Line Performance - Produced water volumes grew 2% sequentially and 6% year-over-year in Q3 2024 [11] - Recycled water volumes increased 25% sequentially and 16% year-over-year, driven by higher completion activity [12] - Skim oil recoveries improved significantly, with Q4 2024 guidance reflecting a 20% increase compared to Q3 [27] - Water Solutions business volumes are expected to average 450,000-490,000 barrels per day in Q4 2024 [28] Market and Industry Trends - The Permian Basin, particularly the Northern Delaware Basin, continues to drive growth due to low break-even costs and decades of remaining inventory [16] - Steady to moderately increasing activity levels are expected to continue into 2025, supported by strong customer forecasts [16][17] - The company anticipates mid-single-digit growth in produced water volumes in 2025, consistent with customer growth rates and overall oil production forecasts in the Delaware Basin [17][35] Strategic Direction and Competitive Landscape - The company is focused on reinvesting in growth projects while enhancing shareholder returns, supported by strong cash flow generation [8][18] - Opportunities for inorganic growth are being evaluated, with a focus on adjacent assets in core operating areas that offer strategic fit and financial accretion [9] - Efforts to improve margins include CPI-linked revenue escalation clauses, water handling cost efficiencies, and potential reductions in third-party landowner royalties [19][20] - The company is advancing beneficial reuse projects, including desalination technologies and mineral extraction (e.g., iodine, magnesium, ammonia, lithium), with commercialization expected in 2025 [21][22][23] Management Commentary on Operating Environment and Outlook - Management remains optimistic about the end of 2024 and beyond, citing strong operational execution and customer activity levels [10][32] - The company expects to maintain a similar level of capital investment in 2025 as in 2024, with continued volume growth and margin improvements driving increased cash flow [18] - Regulatory progress on beneficial reuse and surface water disposal in Texas is ongoing, with potential cost advantages over traditional underground injection [40][43] Other Key Information - The company declared a Q4 2024 dividend of $0.105 per share, with plans to revisit the dividend payout level after Q4, given strong liquidity and low leverage [31][55] - The company is exploring opportunities in industrial water treatment, leveraging its expertise in handling complex water [61] Q&A Session Summary Question: 2025 Volume Growth and EBITDA Outlook - The company anticipates mid-single-digit growth in produced water volumes (4%-7%) in 2025, aligning with customer forecasts [35] - EBITDA growth will depend on volume increases, margin improvements, and efficient capital allocation [35] Question: Disposal Royalties and Surface Acreage Acquisition - The company is evaluating opportunities to reduce third-party landowner royalties, including acquiring surface acreage or partnering with landowners [38] - A long runway of permits and diverse locations provides flexibility for future growth [38] Question: Regulatory Update on Beneficial Reuse and Surface Disposal - Progress is being made on permitting for surface discharge into the Pecos River, with potential cost advantages over underground disposal [43] - High salinity levels in Delaware Basin produced water require treatment before surface discharge [43] Question: Capital Allocation Priorities for 2025 - The company remains disciplined in evaluating accretive M&A opportunities but has not yet found suitable targets [59] - Share repurchases are being considered but are less likely due to limited float [59] - Dividend growth is expected to align with sustainable business growth, with no significant step changes anticipated [55] Question: Skim Oil Recovery Improvements - A dedicated team and operational changes have driven significant improvements in skim oil recoveries [68] - The company expects sustained recoveries, with some variability quarter-to-quarter [14][68] Question: Potential Impact of New Mexico Setback Rules - Customers have adjusted drilling schedules and permits to mitigate potential impacts, with no expected disruption to the company's operations [65]

Financial Performance - Total revenue for Q3 2024 was $112.3 million, reflecting a 13% increase from Q3 2023[109]. - Net income for Q3 2024 was $16.4 million, an increase of 34% compared to Q3 2023[109]. - Adjusted EBITDA for Q3 2024 was $54.3 million, up 21% from Q3 2023[95]. - Total revenue for the nine months ended September 30, 2024, was $316,835,000, representing a 10% increase compared to $287,993,000 in 2023[111]. - Operating income rose to $80,089,000, a 36% increase from $58,886,000 in the previous year[111]. - Net income for the nine months ended September 30, 2024, was $46,373,000, reflecting a 53% increase from $30,381,000 in 2023[111]. - Total revenue for the three months ended September 30, 2024, was $112.3 million, an increase from $99.8 million for the same period in 2023, representing a growth of approximately 12.5%[143]. - EBITDA for the three months ended September 30, 2024, was $54.3 million, compared to $44.9 million for the same period in 2023, reflecting a year-over-year increase of about 21.5%[143]. - Adjusted operating margin for the three months ended September 30, 2024, was $65.8 million, up from $55.1 million in the prior year, indicating a growth of approximately 19.5%[144]. Production and Handling - Total produced water handling volumes reached 1,118 thousand barrels of water per day, a 6% increase compared to Q3 2023[95]. - Produced Water Handling revenue increased by $29,537,000, or 21%, from $143,390,000 in 2023 to $172,927,000 in 2024[111]. - Produced water handling revenues for the three months ended September 30, 2024, increased to $88.424 million from $75.610 million for the same period in 2023, representing a growth of 16.4%[122]. - The average produced water handling fees per barrel increased to $0.75 for the three months ended September 30, 2024, compared to $0.70 for the same period in 2023, reflecting a growth of 7.1%[122]. - Produced Water Handling volumes increased by 62 thousand barrels per day (kbwpd), or 6%, from 1,056 kbwpd in 2023 to 1,118 kbwpd in 2024[113]. Costs and Expenses - General and administrative expenses increased by 29% to $17.4 million compared to Q3 2023[109]. - Total operating expenses increased by 31% from $38,992,000 in 2023 to $51,251,000 in 2024[111]. - Direct operating costs per barrel remained consistent at $0.32, unchanged from Q3 2023[95]. - Direct operating costs for the three months ended September 30, 2024, increased by $1.9 million, primarily due to higher produced water volumes handled, while remaining flat on a per barrel basis[126]. - General and administrative expenses increased by $3.9 million for the three months ended September 30, 2024, primarily due to a $1.8 million rise in stock-based compensation expenses[129]. - Research and Development expenses increased by 39% from $1,867,000 in 2023 to $2,601,000 in 2024[111]. - Research and development expenses related to the Joint Industry Project (JIP) for the three months ended September 30, 2024, were $2.0 million, compared to $1.8 million for the same period in 2023[132]. Revenue Sources - Water Solutions revenue decreased by $7,083,000, or 14%, from $49,180,000 in 2023 to $42,097,000 in 2024[111]. - Skim Oil volumes for the nine months ended September 30, 2024, increased by 492 barrels per day (bpd), or 42%, from 1,171 bpd in 2023 to 1,663 bpd in 2024[121]. - Skim oil sales revenue for the three months ended September 30, 2024, rose to $10.996 million, up from $7.731 million in the prior year, marking an increase of 42.9%[122]. - The company recorded $2.0 million in "Other Revenues" for the three months ended September 30, 2024, related to a new agreement for constructing and operating a water separation facility[125]. Future Plans and Investments - The company signed a letter of intent to construct an iodine extraction facility in the Permian Basin, expected to be operational by year-end 2025[101]. - The company is leading a Joint Industry Project with major oil companies to develop technologies for treating produced water for beneficial reuse, with Phase 1 testing expected to complete by the end of 2024[97]. - Capital expenditures are expected to be between $98.0 million and $105.0 million for 2024, based on the latest outlooks from contracted customers[155]. Cash Flow and Financial Position - Net cash provided by operating activities for the nine months ended September 30, 2024, totaled $111.2 million, down from $152.5 million for the same period in 2023, a decrease of about 27%[152]. - As of September 30, 2024, the company had a cash balance of $32.8 million and working capital of $64.3 million[147]. - The company had $400.0 million in face value of Notes outstanding and $55.0 million under its Credit Facility as of September 30, 2024[147]. - For the nine months ended September 30, 2024, net cash used in investing activities was $87.0 million, a decrease from $111.8 million in the same period of 2023[153]. - The company is subject to interest rate risk, with $55.0 million of outstanding borrowings under its Credit Facility at a weighted average interest rate of 8.017% as of September 30, 2024[161]. Dividends - The company declared a dividend of $0.105 per share for the fourth quarter of 2024, consistent with previous quarterly distributions[151].

Aris Water Solutions, Inc. – Earnings Presentation Third Quarter 2024 Cautionary Statements Forward-Looking Statements This presentation and the oral statements made in connection with this presentation contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Examples of forward-looking statements include, but are not limited to, statements, information, opinions or beliefs regarding ...

Aris Water Solutions, Inc. (ARIS) reported $112.31 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 12.6%. EPS of $0.22 for the same period compares to $0.17 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $105.09 million, representing a surprise of +6.87%. The company delivered an EPS surprise of -18.52%, with the consensus EPS estimate being $0.27.While investors scrutinize revenue and earnings changes year-over-year and how the ...

Aris Water Solutions, Inc. (ARIS) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -18.52%. A quarter ago, it was expected that this company would post earnings of $0.18 per share when it actually produced earnings of $0.18, delivering no surprise.Over the last four quarters, the compa ...

Exhibit 99.1 Source: Aris Water Solutions, Inc. November 4, 2024 Aris Water Solutions, Inc. Reports Third Quarter 2024 Results and Further Increases 2024 Adjusted EBITDA Outlook HOUSTON, Texas, November 4, 2024 – Aris Water Solutions, Inc. (NYSE: ARIS) ("Aris," "Aris Water" or the "Company") today announced financial and operating results for the third quarter ended September 30, 2024. THIRD QUARTER 2024 HIGHLIGHTS ● Increased produced water volumes 2% sequentially and 6% versus the third quarter of 2023 ● ...

Core Viewpoint - Aris Mining Corporation has successfully completed a US$450 million offering of 8.000% Senior Notes due 2029, aimed at refinancing existing debt and supporting growth initiatives [1][2]. Group 1: Financial Details - The offering of Senior Notes was upsized to US$450 million due to strong investor demand, with a pricing significantly below the market range of 8.25% to 8.50% [2]. - The net proceeds will be used to redeem existing 6.875% Senior Notes due in 2026 and for general corporate purposes [1][2]. Group 2: Company Operations - Aris Mining operates two gold mines in Colombia, Segovia and Marmato, producing 226,000 ounces of gold in 2023 [3]. - The company targets a production rate of approximately 500,000 ounces of gold per year by the second half of 2026, following expansions at its operations [3]. - Aris Mining is also advancing the Toroparu gold/copper project in Guyana and exploring acquisitions for growth [3]. Group 3: Strategic Initiatives - The company promotes the formalization of traditional miners into contract mining partners to ensure legal and responsible mining practices [4].

VANCOUVER, BC, Oct. 24, 2024 /PRNewswire/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) today announces the pricing of its offering of US$450 million aggregate principal amount of 8.000% Senior Notes due 2029 (the "Notes"). The offering is expected to close on or about October 31, 2024. Aris Mining intends to use the net proceeds from the offering of the Notes to fund the redemption of its outstanding 6.875% Senior Notes due 2026 (the "2026 Notes") and for working capital ...

VANCOUVER, BC, Oct. 21, 2024 /PRNewswire/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) announced today that it has commenced an offering of US$400 million aggregate principal amount of Senior Notes due 2029 (the "Notes"). Aris Mining intends to use the net proceeds from the offering of the Notes to fund the redemption of its outstanding 6.875% Senior Notes due 2026 (the "2026 Notes") and for working capital and general corporate purposes. Pursuant to the terms of the ind ...

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