Atlas Energy 2024 net income falls to $59.9 million; sales rise 72% to $1.1 billion
Atlas Energy Solutions reported fourth-quarter and full-year 2024 results and said it completed its $220.0 million acquisition of Moser Energy Systems on February 24, 2025. Full-year sales rose to $1.1 billion, but net income fell to $59.9 million from $226.5 million in 2023, and fourth-quarter sales declined from the third quarter. The acquisition was funded in part by a $540.0 million term loan and a February 2025 share offering that raised $254.1 million net, and the Moser deal includes about 1.7 million shares of stock consideration.
Key points
- Full-year 2024 sales rose $442.0 million, or 72.0%, to $1.1 billion, while net income was $59.9 million versus $226.5 million in 2023.
- Fourth-quarter 2024 sales fell 10.9% sequentially to $271.3 million, while net income rose to $14.4 million from $3.9 million in the third quarter.
- Fourth-quarter Adjusted EBITDA was $63.2 million, down 11.1% sequentially.
- Moser acquisition was valued at $220.0 million, including $180.0 million cash; quarterly dividend raised to $0.25 per share, payable February 28, 2025.
The filing
Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 24, 2025.
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