Name | Value |
---|---|
Revenues | 161.8M |
Cost of Revenue | 72.9M |
Gross Profit | 88.9M |
Operating Expense | 12.2M |
Operating I/L | 76.7M |
Other Income/Expense | 0.1M |
Interest Income | 3.5M |
Pretax | 76.3M |
Income Tax Expense | 5.1M |
Net Income/Loss | 38.5M |
Atlas Energy Solutions Inc. specializes in providing proppant and logistics services to the oil and natural gas industry in the Permian Basin of West Texas and New Mexico. The company's primary revenue stream comes from offering proppant, a specialized type of sand or ceramic material, used in hydraulic fracturing to prop open fractures in the rock and allow the oil and gas to flow more freely. Additionally, the company generates income through its logistics services, which involve the transportation and delivery of proppant to drilling sites, ensuring a seamless supply chain for its clients.