Start Time: 09:00 January 1, 0000 9:22 AM ET

Aris Water Solutions, Inc. (NYSE:ARIS)

Q2 2023 Earnings Conference Call

August 03, 2023, 09:00 AM ET

Company Participants

Bill Zartler - Founder and Executive Chairman

Amanda Brock - President and CEO

Stephan Tompsett - CFO

David Tuerff - SVP of Finance and IR

Conference Call Participants

Charles Bryant - Citi

Don Crist - Johnson Rice

Operator

Greetings, and welcome to Aris Water Solutions Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions]. As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, David Tuerff, SVP, Finance and Investor Relations. Please go ahead.

David Tuerff

Good morning, and welcome to the Aris Water Solutions second quarter 2023 earnings conference call. I am joined today by our President and CEO, Amanda Brock; our Founder and Executive Chairman, Bill Zartler; and our CFO, Stephen Thompsett.

Before we begin, I'd like to remind you that in this call and the related presentation, we will make forward-looking statements regarding our current beliefs, plans and expectations, which are not guarantees of future performance and are subject to a number of known and unknown risks and uncertainties and other factors that could cause actual results to differ materially from results and events contemplated by such forward-looking statements. You are cautioned not to place undue reliance on forward-looking statements.

Please refer to the risk factors and other cautionary statements included in our filings made from time to time with the Securities and Exchange Commission. I would also like to point out that our investor presentation and today's conference call will contain discussion of non-GAAP financial measures, which we believe are useful in evaluating our performance. These supplemental measures should not be considered in isolation or as a substitute for financial measures prepared in accordance with U.S. GAAP. Reconciliations to the most directly comparable GAAP measures are included in our earnings release and the appendix of today's accompanying presentation.

I'll now turn the call over to our Founder and Executive Chairman, Bill Zartler.

Bill Zartler

Thank you, David, and thanks, everyone, for joining us this morning. Aris has delivered another strong quarter with steadily increasing volumes and solid earnings growth as reflected by our results. Over the quarter, our contracted customers remained active in our core area of the Northern Delaware basin and have indicated that they will continue to do so despite fluctuation in commodity prices and the overall reduction in U.S. drilling and completion levels.