Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.22.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue        
Total Revenue $ 76,386 $ 56,584 $ 147,355 $ 102,773
Cost of Revenue        
Direct Operating Costs 30,781 22,452 57,452 43,206
Depreciation, Amortization and Accretion 16,203 15,215 32,782 30,172
Total Cost of Revenue 46,984 37,667 90,234 73,378
Operating Costs and Expenses        
Abandoned Well Costs 5,415   5,415  
General and Administrative 11,648 5,317 22,378 10,012
Impairment of Long-Lived Assets     15,597  
Loss on Asset Disposal and Other 513 1,333 1,577 1,650
Total Operating Expenses 17,576 6,650 44,967 11,662
Operating Income 11,826 12,267 12,154 17,733
Interest Expense, Net 7,315 7,324 15,100 9,975
Other   380   380
Total Other Expense 7,315 7,704 15,100 10,355
Income (Loss) Before Income Taxes 4,511 4,563 (2,946) 7,378
Income Tax Expense (Benefit) 472 2 (368) 2
Net Income (Loss) 4,039 4,561 (2,578) 7,376
Equity Accretion and Dividend-Redeemable Preferred Units   14   21
Net Income (Loss) Attributable to Stockholders'/Members' Equity 4,039 4,575 (2,578) 7,397
Net Income (Loss) Attributable to Noncontrolling Interest 2,645   (1,750)  
Net Income (Loss) Attributable to Aris Water Solutions, Inc. $ 1,394   $ (828)  
Net Income (Loss) Per Share of Class A Common Stock - Basic $ 0.06   $ (0.05)  
Net Income (Loss) Per Share of Class A Common Stock - Diluted $ 0.05   $ (0.05)  
Weighted Average Shares of Class A Common Stock Outstanding - Basic 21,984,313   21,918,639  
Weighted Average Shares of Class A Common Stock Outstanding - Diluted 22,101,106   21,918,639  
Produced Water Handling        
Revenue        
Total Revenue $ 35,525 25,078 $ 70,625 46,729
Produced Water Handling-Affiliates        
Revenue        
Total Revenue 23,207 20,995 44,288 39,081
Water Solutions        
Revenue        
Total Revenue 14,708 2,215 26,352 4,158
Water Solutions-Affiliates        
Revenue        
Total Revenue 2,828 $ 8,296 5,972 $ 12,805
Other Revenue        
Revenue        
Total Revenue $ 118   $ 118