<span item_type="fundamental" item_id="0b17f74520b656b62f5647a75e088da8" counter_id="ST/US/ARIS" env="prod"></span><span item_type="announcement" item_id="548365009766257281" env="prod"></span><p>Revenue: As of FY2025 Q2, the actual value is USD 124.09 M, beating the estimate of USD 120.43 M.</p><p>EPS: As of FY2025 Q2, the actual value is USD 0.19, missing the estimate of USD 0.2525.</p><p></p><h3>Water Gathering and Processing Segment</h3><h4>Revenue</h4><ul><li><strong>Produced Water Handling Revenue</strong>: $98.2 million for Q2 2025, up from $83.4 million in Q2 2024, driven by a 141 kbwpd volume increase and higher skim oil sales revenue due to increased volumes and recoveries, despite lower prices.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865187/000155837025011062/aris-20250630x10q.htm"></span></li><li><strong>Water Solutions Revenue</strong>: $25.2 million for Q2 2025, up from $17.2 million in Q2 2024, due to increased recycled produced water and groundwater volumes, partially offset by lower prices.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865187/000155837025011062/aris-20250630x10q.htm"></span></li></ul><h4>Operational Metrics</h4><ul><li><strong>Produced Water Handling Volumes</strong>: 1,234 kbwpd for Q2 2025, a 13% increase from Q2 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865187/000155837025011062/aris-20250630x10q.htm"></span></li><li><strong>Water Solutions Volumes</strong>: 523 kbwpd for Q2 2025, a 44% increase from Q2 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865187/000155837025011062/aris-20250630x10q.htm"></span></li><li><strong>Direct Operating Costs</strong>: $58.2 million for Q2 2025, up from $40.2 million in Q2 2024, due to higher volumes and maintenance expenses.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865187/000155837025011062/aris-20250630x10q.htm"></span></li><li><strong>Gross Margin per Barrel</strong>: $0.29 for Q2 2025, down from $0.32 in Q2 2024, due to maintenance expenses and lower skim oil prices.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865187/000155837025011062/aris-20250630x10q.htm"></span></li></ul><h4>Cash Flow</h4><ul><li><strong>Net Cash Provided by Operating Activities</strong>: $66.2 million for the six months ended June 30, 2025, compared to $58.1 million for the same period in 2024, driven by increased revenues.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865187/000155837025011062/aris-20250630x10q.htm"></span></li></ul><h3>Corporate and Other Segment</h3><h4>Expenses</h4><ul><li><strong>General and Administrative Expenses</strong>: $17.7 million for Q2 2025, up from $16.0 million in Q2 2024, primarily due to increased stock-based compensation.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865187/000155837025011062/aris-20250630x10q.htm"></span></li><li><strong>Research and Development Expense</strong>: $0.9 million for Q2 2025, down from $1.1 million in Q2 2024, due to lower expenses related to the Joint Industry Project.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865187/000155837025011062/aris-20250630x10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Merger with Western Midstream Partners, LP</strong>: Expected to close in Q4 2025, subject to conditions including shareholder and regulatory approvals. The merger aims to enhance strategic positioning and operational synergies.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865187/000155837025011062/aris-20250630x10q.htm"></span></li><li><strong>Capital Expenditures</strong>: Expected to be between $85.0 million to $105.0 million for 2025, funded through cash flows and credit facility availability.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1865187/000155837025011062/aris-20250630x10q.htm"></span></li></ul>

Aris Water Solution | 10-Q: FY2025 Q2 Revenue Beats Estimate at USD 124.09 M