Atlas Energy Solutions Inc. Common Stock (AESI)

FairStock Score: 34/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Atlas Energy Solutions is a Permian Basin sand, logistics and power supplier. In fiscal 2023 it earned $105.4M on $614.0M revenue. By fiscal 2024 it earned $59.9M on $1.1B revenue, and in fiscal 2025 it lost $50.3M on $1.1B revenue, or -$0.41 per diluted share. The latest filed quarter, fiscal Q2 2026 ended 2026-06-30, showed $293.2M revenue and a $25.1M net loss, a -8.56% margin. That trajectory is not a moat; it is a cyclical supplier with some in-basin scale but commodity-like pricing and customers who can cut spending. Financial health is the worry. FairStock's calculations at the 2026-10-13 close of $11.85 show P/B 1.33, P/E -12.47, ROE -9.93%, ROCE -2.49%, D/E 0.94, Altman Z 0.74, Piotroski 4/9, and an 8.48% dividend yield. Trailing free cash flow is -$184.1M, a -12.4% FCF yield. An 8.5% dividend while free cash flow is negative deserves skepticism. EV/EBITDA of 21.29 is not cheap for a loss-making, cash-burning business, even if P/B seems modest. Lynch's computed category is TURNAROUND, meaning a loss in the latest year after earlier profits. Turnarounds can pay, but only if cash flow inflects. I would want evidence: positive free cash flow, debt reduction, and stable sand pricing and logistics volumes. The stock at $11.85 may be a speculation on Permian recovery, not a Graham margin-of-safety bargain. FairStock score 34/100 supports caution.

In plain English: Atlas Energy Solutions sells sand, logistics, and power services to oil and gas producers in the Permian Basin. The business has recently swung from profits to losses and is using more cash than it brings in, while carrying debt. At the recent $11.85 close, the price looks more like a bet on a turnaround than a clearly cheap stock based on current earnings and cash flow.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer