Atlas Energy Solutions

Provides proppant and logistics services

Austin, Texas, United States

About Atlas Energy Solutions

Atlas Energy Solutions provides proppant and logistics services to oil and gas companies in the Permian Basin, which is a major oil and natural gas production area in North America. The company operates facilities in Kermit and Monahans, Texas, ensuring a reliable supply of high-quality proppant, a material essential for hydraulic fracturing. They also utilize trucking assets and are developing the Dune Express to improve logistics efficiency. What sets Atlas Energy Solutions apart from competitors is their focus on enhancing operational efficiency and reliability for their clients through strategic logistics and high-quality products. The company's goal is to support the extraction and production processes of oil and gas companies, helping them operate smoothly and effectively.

Austin, TexasHeadquarters
2017Year Founded
$204.4MTotal Funding
IPOCompany Stage
Industrial & Manufacturing, EnergyIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation

Risks

Acquisition of Hi-Crush Inc. may lead to integration challenges.
New CFO Blake McCarthy could result in strategic shifts misaligned with objectives.
Significant investments may pressure short-term financial performance, affecting long-term goals.

Differentiation

Atlas Energy Solutions offers high-quality frac sand with high crush strength.
The company operates strategically located facilities in Kermit and Monahans, Texas.
Atlas Energy Solutions plans the Dune Express to enhance logistics efficiency.

Upsides

Increased demand for frac sand due to rising hydraulic fracturing in the Permian Basin.
Growing interest in sustainable logistics aligns with Atlas's Dune Express project.
Technological advancements in proppant materials may boost demand for Atlas's products.

Funding

Total raised$204.41 M
StageIPO
POST IPO EQUITY
2/29/2024
$175
IPO
2/28/2023
$293