Nov 2, 4:52 PM ET
Atlas Energy Solutions reported third quarter 2026 results on November 2, 2026. Revenue rose from a year earlier, but the net loss widened and Adjusted EBITDA fell, and the company guided fourth quarter Adjusted EBITDA to $40 million to $50 million. Management said it held sand pricing in the quarter, which reduced sales volumes, and expects sequential improvement in the fourth quarter.
- Revenue was $267.8 million, up from $259.6 million a year earlier and down from $293.2 million in the second quarter of 2026.
- Net loss was $45.1 million, or $0.36 per share, compared with a $23.7 million loss, or $0.19 per share, a year earlier.
- Adjusted EBITDA was $30.3 million, compared with $41.6 million a year earlier; fourth quarter 2026 Adjusted EBITDA guidance is $40 million to $50 million.
- The company completed a $424.0 million senior secured bridge facility after quarter end; estimated total liquidity was $499.4 million as of October 23, 2026.
Read the filing on SEC.gov ↗
Oct 22, 8:09 AM ET
Atlas Energy Solutions' subsidiary entered a credit agreement with Goldman Sachs Bank USA as agent and a group of lenders for up to $424 million in term loans, with $171 million drawn at closing. The proceeds will finance equipment for two power generation projects, and the loan is secured by substantially all assets of the borrower and certain subsidiaries and guaranteed by the company, so shareholders face new debt backed by pledged assets and a 180-day initial maturity that will require long-term financing to repay.
- Lenders committed up to $424 million in term loans; $171 million was drawn at closing on October 22, 2026
- Loan is backed by cost reimbursement agreements announced September 25, 2026, for two data center power projects with first power expected in late 2027
- Initial maturity is 180 days, with a one-time option to extend by 184 days subject to conditions and lender consent
- Interest is Adjusted Term SOFR plus 2.50%, rising 0.50% six months after signing; up to $286 million of incremental commitments may be requested
Read the filing on SEC.gov ↗
Sep 24, 5:22 PM ET
Atlas Energy Solutions disclosed two equipment purchase agreements, signed September 18, 2026, by indirect subsidiaries with Wyoming Machinery Company d/b/a Energy Solutions, totaling roughly $613.5 million for a specific power generation project. The filing does not report revenue, earnings or guidance, so it gives shareholders a clearer view of capital commitments but no direct measure of financial performance.
- Balance-of-plant equipment purchase agreement for approximately $340.5 million, with deliveries between June 2027 and December 2027 and 10% of the price withheld until WMC completes its obligations.
- Generator purchase agreement for approximately 328 megawatts of equipment and services at approximately $273.0 million, with payments from September 2026 through January 2028 and tariffs passed through at actual amounts charged by Caterpill
- The balance-of-plant agreement can be terminated for convenience on at least 14 days' written notice, with Shackelford paying amounts then due plus WMC's documented costs and related charges.
- The power project is supported by a cost reimbursement agreement with a leading frontier AI lab, which the filing identifies as the intended off taker.
Read the filing on SEC.gov ↗
Aug 3, 4:50 PM ET
Atlas Energy Solutions reported second-quarter 2026 results on August 3, 2026. Revenue rose 10.4% from the first quarter to $293.2 million and the net loss narrowed to $25.1 million from $47.3 million, but the net loss was wider than the $5.6 million reported a year earlier and adjusted EBITDA of $49.5 million was below the $71.2 million in the second quarter of 2025. The company also said it signed its first long-term behind-the-meter power contract, for 120 MWs expected to come online at the end of the first quarter of 2027.
- Total revenue of $293.2 million, up from $265.6 million in Q1 2026 and $288.7 million in Q2 2025.
- Net loss of $25.1 million, compared with $47.3 million in Q1 2026 and $5.6 million in Q2 2025.
- Adjusted EBITDA of $49.5 million, up from $29.9 million in Q1 2026 but down from $71.2 million in Q2 2025.
- Total liquidity of $292.9 million as of June 30, 2026, including $168.2 million in cash; management expects 180 to 200 MWs of oilfield power deployed by the end of 2026.
Read the filing on SEC.gov ↗
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