Aris Water Announces Seven-Year Extension of Water Gathering and Disposal Agreement with ConocoPhillips and Provides Operational Update
Aris Water Solutions, Inc. (NYSE: ARIS) ('Aris') today announced the extension of its Water Gathering and Disposal Agreement (the 'Agreement') with ConocoPhillips, extending the primary term of the Agreement from May 31, 2033, to May 31, 2040. The Agreement's terms will otherwise remain unchanged as the parties extend their successful operational relationship. This extension further aligns the interests of both parties and complements their recently executed long-term water supply contract. Aris will continue to provide long-term full-cycle water infrastructure services to ConocoPhillips, including recycled water supply, produced water transportation and produced water handling operations in the Northern Delaware Basin.
'ConocoPhillips is one of our most important customers and long-term partners, and Aris has consistently demonstrated its ability to deliver reliable, full-cycle water infrastructure solutions. This extension represents a significant milestone for Aris—lengthening the acreage-weighted remaining term of our produced water contracts from approximately six years to over ten years,' said Amanda Brock, President and CEO of Aris Water Solutions. 'This extension also provides Aris with substantial long-term revenue visibility, supported by ConocoPhillips' highly economic, multi-decade remaining inventory.'
Aris continues to see strong activity levels from dedicated customers and associated produced water volume growth. For the second quarter of 2025, Aris expects to report Adjusted EBITDA at the high end of its guidance range. Aris is also reaffirming its full-year financial outlook, underpinned by the activity of its long-term customers in premier acreage. Aris will host a conference call to discuss its second quarter 2025 results on Tuesday, August 12, 2025, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Aris will issue its second quarter 2025 earnings release after market close on August 11, 2025.
Forward-Looking Statements
This press release contains '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 regarding our financial outlook, business strategy, our future revenue, our ability to perform under, and benefit from, our contracts with ConocoPhillips, our expected results for the second quarter of 2025 and our full-year guidance for 2025, as well as other statements that are not historical facts. In some cases, you can identify forward-looking statements by terminology such as 'expect,' 'will,' 'intend,' 'believe,' 'may' and variations of such words or similar expressions. Forward-looking statements are based on our current expectations and assumptions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, our actual results may differ materially from those contemplated or implied by the forward-looking statements. Risks and uncertainties include, but are not limited to, those detailed in Aris' most recent Annual Report on Form 10-K and other filings with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. All forward-looking statements, expressed or implied, included in this press release and any oral statements made in connection with this press release are expressly qualified in their entirety by the foregoing cautionary statements. We undertake no obligation to update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Non-GAAP Financial Information
Aris uses financial measures that are not calculated in accordance with U.S. generally accepted accounting principles ('GAAP'), including Adjusted EBITDA. Although this non-GAAP financial measure is an important factor in assessing Aris' operating results, it should not be considered in isolation or as a substitute for net income or any other measure prepared under GAAP.
Aris calculates Adjusted EBITDA as net income (loss) plus: interest expense; income taxes; depreciation, amortization and accretion expense; abandoned well costs, asset impairment and abandoned project charges; losses on the sale of assets; transaction costs; research and development expense; change in payables related to the Tax Receivable Agreement liability as a result of state tax rate changes; loss on debt extinguishment; stock-based compensation expense; and other non-recurring or unusual expenses or charges (such as litigation expenses, severance costs and amortization expense related to the implementation costs of our new enterprise resource planning system), less any gains on the sale of assets.
Aris believes that Adjusted EBITDA is used by investors and professional research analysts to assess the ability of our assets to generate sufficient cash to meet our business needs and return capital to equity holders, as well as for the valuation, comparison, rating and investment recommendations of companies within our industry. Similarly, Aris' management uses this information for comparative purposes as well. Adjusted EBITDA is not a measure of financial performance under GAAP and should not be considered as a measure of liquidity or as alternatives to net income (loss). Additionally, Adjusted EBITDA as defined by Aris may not be comparable to similarly titled measures used by other companies and should be considered in conjunction with net income (loss) and other measures prepared in accordance with GAAP.
About Aris Water Solutions, Inc.
Aris Water Solutions, Inc. is a leading, growth-oriented environmental infrastructure and solutions company that directly helps its customers reduce their water and carbon footprints. Aris delivers full-cycle water handling and recycling solutions that increase the sustainability of energy company operations. Its integrated pipelines and related infrastructure create long-term value by delivering high-capacity, comprehensive produced water management, recycling and supply solutions to operators in the core areas of the Permian Basin.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250730679711/en/
CONTACT: David Tuerff
Senior Vice President, Finance and Investor Relations
(281) 501-3070
[email protected]
KEYWORD: UNITED STATES NORTH AMERICA TEXAS
INDUSTRY KEYWORD: RECYCLING OTHER ENERGY UTILITIES ENVIRONMENT OIL/GAS SUSTAINABILITY ENERGY
SOURCE: Aris Water Solutions, Inc.
Copyright Business Wire 2025.
PUB: 07/30/2025 06:35 PM/DISC: 07/30/2025 06:35 PM
http://www.businesswire.com/news/home/20250730679711/en
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Entrepreneur
2 minutes ago
- Entrepreneur
How I Built a $20 Million Company While Still in College
Wealth-building in your early twenties isn't about playing it safe; it's about exploiting the one time in life when having nothing to lose gives you everything to gain. Opinions expressed by Entrepreneur contributors are their own. At 22, I've built two multimillion-dollar companies, raised $1.5 million while taking finals and convinced Miami University to pay me $200,000 to stay enrolled. While my classmates were buried in textbooks and partying, I was burning through sleepless nights and betting on ideas that seemed insane to everyone around me ... until they started to work. Before those bets turned into a repeatable strategy, it was easy to write me off as just another kid playing entrepreneur. Early twenty-somethings are constantly told to play it safe: Graduate, get the first decent job you can find, stash away 10% of your paycheck, and start slowly building wealth over time. Well, I did the opposite: I ignored all conventional wisdom about how young people should approach money and treated my early twenties like a one-time window to build real leverage. I didn't stumble into that mindset. I earned it the hard way. Related: How 15 People in Their 20s Built Million-Dollar Businesses Your biggest advantages aren't what you think When I was 19, I borrowed hundreds of thousands of dollars to launch Step Up Social (now Candid Network) with no credit score, no assets and no real backup plan. You could say I was reckless, and I wouldn't disagree with you in theory, but I would add that the riskiest time to take a swing is also the safest. Had it all gone up in flames, what were they going to take? My dorm room furniture? My favorite sneakers? When you have nothing to lose, you can afford to take the kind of risks that would terrify someone with a mortgage and family. That freedom is an incredibly precious window of opportunity, and I believe it's the single most overlooked advantage young entrepreneurs have. Everyone talks about surface-level elements like youthful energy or fewer responsibilities, but the real edge is asymmetric risk tolerance. Every year you wait, you accumulate more to lose: relationships, reputation, lifestyle expectations. The second thing I learned is that diversification protects existing wealth, but what you need to focus on to create new wealth in your early twenties (or anytime!) is concentration. The world tells you to keep your options open? I closed mine — deliberately. I could have spent college doing internships at different companies, building a broad network and exploring various career paths, but instead, I spent four years going deeper into social media marketing and workforce development than anyone my age. That obsessive focus made me better at those things than anyone else my age, which gave me a clear edge when I launched companies in both spaces. Related: Why Your 20s Is the Perfect Time to Start a Business The negotiation framework that paid me $200,000 Traditional career advice also gets negotiation wrong. Most people think negotiation is about being aggressive or having leverage, when it's actually about understanding what the other side values and delivering it better than their next-best option. When I negotiated with Miami University to cover my tuition and pay me for additional work, I didn't lead with what I wanted, but focused on their need for credible student entrepreneurs to showcase their program to donors and media. I knew I could provide that more authentically than any marketing agency because I was actually building companies on campus. I gave them what agencies couldn't — real credibility — and that alone was worth the $200,000 they paid me to stay enrolled. Most young entrepreneurs undervalue what they can uniquely provide, but the best opportunities always come from thinking like a solution provider, not a supplicant. This works whether you're negotiating with universities, clients or investors, and it works whether you're 21 or 99 years old. All of this comes down to a different kind of math. The standard path grows linearly: $60K job, 3% raises, maybe $200K if you're a standout by your thirties. Entrepreneurship doesn't follow that curve. You might make $0 for two years and then $500K in one, so while the average return is not dissimilar to that of the traditional job-seeker, the distribution is completely different. Most people can't stomach those early zeros, but young people can. If you're 22 and living on ramen for two years while building something, that's just an extension of college. If you're 34 with a family, that same scenario is understandably impossible for you to replicate. Related: What's the Biggest Lesson to Learn As a Young Entrepreneur? The compounding effect nobody mentions Wealth doesn't come from predictability, and the biggest mental shift I had to make as a young entrepreneur just starting out was to get comfortable choosing optionality over certainty every time I could. Instead of optimizing for certainty and steady progress — which leads to building income, not real wealth — the model that twenty-somethings should follow is one that sees them chase optionality and asymmetric outcomes while they can still afford to. Because the biggest advantage of starting wealth-building early isn't compound interest on investments, but compound learning on business skills. Every deal I pitched at 19 made me better at raising money at 21. Every bad hire I made in college taught me how to build stronger teams later. Every mistake I made early on saved me from making bigger ones when the stakes became impossibly higher. These experiences stack up, transfer across every business you'll ever build and can speed up your growth in ways no traditional job ever could. Don't expect it to be easy, because it's not. I gained 80 pounds my first year, slept three hours a night and took on projects that could have crushed me if things went wrong. But that's exactly why choosing the uncomfortable path can be so rewarding. If you ever question betting on yourself as a young entrepreneur, consider that the traditional path will always be there, but the asymmetric opportunities won't. In that sense, your early twenties aren't just a good time to start, but they're the best shot you're going to get.
Gizmodo
2 minutes ago
- Gizmodo
HP Offers Its 2025 15.6″ Laptop Bundle at 70% Off, Feels More Like Charity Than a Back-to-School Sale
Welp, it's the last month of summer. I suppose September is also summer still but c'mon, nobody counts that. August is here which means school is starting up real fast. If you are a college student either heading back to campus of the fall or coming in as a freshman for the first time, you're going to want to make sure you are set up with everything you need to have a successful school year. Mainly, you're going to want a solid laptop. Luckily, you can get some pretty good stuff without breaking the bank. This 2025 HP touchscreen laptop is ideal for students as it comes with a license for Microsoft Office Pro and is bundled with a number of accessories you'll find handy. Amazon says its full price is $2,000, but right now has it marked down by 70%—leaving it at just $600. Now before you start shouting with excitement, you should know this isn't really the deal it looks like it is. You're not actually saving $1,400. If we look at the laptop's pricing history, we'll see it has only been listed since May and almost immediately dropped by over a thousand. Since then it bounced around in price, but has never been back at full price for more than a couple days at a time. Some Amazon sellers will do this to make a deal look more attractive than it is. And that's a shame, because this deal is perfectly attractive as it. See at Amazon What you get is a 15.6-inch laptop with a touchscreen so it can be operated as either a laptop or a tablet. It's powered by the Intel i3-1215U six-core, eight-thread processor (capable of up to 4.4GHz). It's working with RAM of 32GB and a storage capacity of 1TB on its SSD. As far as ports go, it includes one USB-C, two USB-A, one headphone jack, and one HDMI 1.4 so you can connect to a second display. It supported Wi-Fi 6E and Bluetooth with reliable wireless performance. You're not just getting the laptop with this purchase. Also received is a license to Microsoft Office Professional Plus 2021. That'll give you lifetime access to Word, Excel, PowerPoint, Outlook, OneNote, Publisher, and Access—all programs you might find yourself needing to complete your classes' at-home assignments. The laptop also comes pre-installed with Windows 11 Pro. Beyond the software, you'll also get a handful of accessories to aid in your schoolwork. Included are a 7-in-1 USB hub, a 128GB USB flash drive, a magnetic phone holder, and a mouse. So you get all of that with your reasonably-powered 2025 HP laptop for just $600 (70% off). Like I said, not a bad deal at all. See at Amazon
Fast Company
2 minutes ago
- Fast Company
Why your student debt balance may start climbing again this week
Millions of student loan borrowers are about to see a jump in their monthly payments. That's because an interest-free pause under the Saving on a Valuable Education (SAVE) plan has ended as of Aug. 1. SAVE, rolled out in 2023 under Biden, brought many borrowers' payments down to $0 a month, ensured borrowers' balance wouldn't grow as long as they made timely payments, and massively cut undergraduate loan balances. 7.7 million federal student borrowers enrolled in the plan. But now, the end to a pause in interest under Trump's 'Big, Beautiful Bill' means, interest will begin accruing once again on loans. In a press release earlier this month, announcing the upcoming end to the pause, U.S. Secretary of Education Linda McMahon called the SAVE program 'unlawful.' McMahon asserted, 'Congress designed these programs to ensure that borrowers repay their loans, yet the Biden Administration tried to illegally force taxpayers to foot the bill instead.' McMahon continued, 'Since day one of the Trump Administration, we've focused on strengthening the student loan portfolio and simplifying repayment to better serve borrowers. As part of this effort, the Department urges all borrowers in the SAVE Plan to quickly transition to a legally compliant repayment plan – such as the Income-Based Repayment Plan (IBR).' What should SAVE enrollees expect? Starting Friday, SAVE participants will see interest charges, even if they aren't making payments. The added interest means monthly bills will be higher, but how much higher depends on income. However, if they switch plans to the IBR plan McMahon referenced, borrowers may see their monthly bills rise drastically. While SAVE calculated monthly payments based on 5% of a borrower's income, the IBR plan takes 10%. For older loans, it ticks up to 15%. (Student loan forgiveness for those with IBR plans was also recently paused under Trump). Some experts believe the transition will pose a massive challenge for borrowers, as they switch to other repayment plans. Nancy Nierman, assistant director of the Education Debt Consumer Assistance Program in New York City, said, per CNBC, 'In severe cases, it could result in people being forced to move, or they will just resign themselves to default and involuntary collections.' Are there any new plans in place? In addition to IBR plans, borrowers will have access to a new republican-led plan, Repayment Assistance Plan (RAP), but not until next July. Under the new plan, payments will range from 1% to 10% of a borrower's earnings, with bills rising the more they earn. Unlike IBR plans, RAP does not shield a portion of the borrower's income, and is based on total earnings before taxes. According to the National Consumer Law Center, the RAP plan is 'significantly more expensive for borrowers than the SAVE plan, but will also be more expensive than the other existing IBR plans for low-income borrowers' What should SAVE enrollees do? The Department of Education said earlier this month that it will begin contacting SAVE enrollees about next steps and that participants should begin determining which plan best suits their needs. 'To compare available repayment plans, the Department encourages borrowers with loans in the SAVE Plan to use the Loan Simulator to estimate monthly payments under available repayment plans, determine repayment eligibility, and learn which option best meets their repayment goals,' it said. The department also noted that in May, it resumed collections on delinquent loans, saying it has 'emailed more than 23 million borrowers reminding them of their legal obligation to repay their loans as well as the benefits of making regular progress toward repayment.' SAVE participants also have the option to stay in forbearance, however, the interest they accrue could be significant. Some experts say, in that case, making interest-only payments can help stave off mounting balances down the road. 'If you know it's going to really financially hurt you to start making payments, then just stay in the forbearance,' Megan Walter, senior policy analyst at the National Association of Financial Aid Administrators, said per CNBC. 'If you can at least pay the interest, I would do that.'
