ARIS Stock Summary and Trading Ideas (Aris Water Solutions Class A | NYSE:ARIS)

Aris Water Solutions Inc is an environmental infrastructure and solutions company that helps customers reduce their water and carbon footprints. It has two primary revenue streams. The Produced Water Handling business gathers, transports, and, unless recycled, handles produced water generated from oil and natural gas production. The Water Solutions business develops and operates recycling facilities to treat, store and recycle produced water.

Aris Water Solutions Class A trades on the NYSE stock market under the symbol ARIS.

As of April 18, 2024, ARIS stock price declined to $13.45 with 242,544 million shares trading.

ARIS has a beta of 0.85, meaning it tends to be less sensitive to market movements. ARIS has a correlation of 0.03 to the broad based SPY ETF.

ARIS has a market cap of $405.50 million. This is considered a Small Cap stock.

Last quarter Aris Water Solutions Class A reported $104 million in Revenue and $.26 earnings per share. This beat revenue expectation by $7 million and exceeded earnings estimates by $.04.

The top ETF exchange traded funds that ARIS belongs to (by Net Assets): VTI, IWM, AIRR, VXF, IWN.

ARIS has outperformed the market in the last year with a return of +68.2%, while the SPY ETF gained +22.3%. In the last 3 month period, ARIS beat the market returning +70.5%, while SPY returned +6.1%. However, in the most recent 2 weeks ARIS has underperformed the stock market by returning -7.6%, while SPY returned -3.8%.

ARIS support price is $13.10 and resistance is $13.86 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARIS stock will trade within this expected range on the day.