Aris Water Solutions, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

Acquisitions (Tables)

12 Months Ended

Dec. 31, 2022

Eddy And Lea County Asset Acquisition

Acquisitions

Schedule of asset acquisition


(in thousands, except share and per share amounts)
Equity Consideration
Number of Class A Shares Issued			3,365,907
Fair Value Per Share on Transaction Closing Date		$	21.16
Total Fair Value of Equity Consideration		$	71,223
Fair Value of Contingent Consideration ⁽¹⁾			3,899
Total Fair Value of Consideration		$	75,122

Purchase Price Allocation
Produced Water Handling Facilities		$	72,736
Gathering Systems and Pipelines			2,716
Total Fair Value of Property Acquired			75,452
Less: ARO Liabilities Assumed			(330)
Total Purchase Price Allocation		$	75,122

(1)	As of December 31, 2022, liabilities for contingent consideration of $1.3 million and $2.7 million are included in accrued and other current liabilities and other long-term liabilities, respectively.

Concho Lea County

Acquisitions

Schedule of purchase price allocation


(in thousands)
Fair Value of Consideration
Class A Units Issued to Seller			$	77,602
Redeemable Preferred Units Issued to Seller				71,974
Total Consideration			$	149,576

Fair Value of Assets Acquired and Liabilities Assumed
Property, Plant and Equipment - Water Handling Facilities			$	18,566
Property, Plant and Equipment - Pipelines (including right of way)				33,897
Intangible Assets - Contracts				90,300
Asset Retirement Obligations				(776)
Total Assets Acquired			$	141,987
Goodwill				7,589