other_material
confidence high
sentiment positive
materiality 0.80
Aris Water extends ConocoPhillips water deal to 2040; Q2 EBITDA at high-end guidance
Aris Water Solutions, Inc.
- Primary term extended 7 years from May 2033 to May 2040; all other terms unchanged.
- Acreage-weighted remaining produced water contract term rises from ~6 to over 10 years.
- Q2 2025 Adjusted EBITDA expected at high end of guidance; full-year outlook reaffirmed.
- CEO Amanda Brock cites strong customer activity and produced water volume growth.
- Q2 earnings release after market close Aug 11; conference call Aug 12 at 8:00 a.m. CT.
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