Start Time: 09:00 January 1, 0000 9:32 AM ET

Aris Water Solutions, Inc. (NYSE:ARIS)

Q3 2023 Earnings Conference Call

November 02, 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

John Mackay - Goldman Sachs

Wade Suki - Capital One

Jeffrey Campbell - Seaport Research Partners

Selman Akyol - Stifel

Praneeth Satish - Wells Fargo

Operator

Good day, ladies and gentlemen, and welcome to the Aris Water Solutions Third Quarter 2023 Earnings Conference Call. Our host for today's call is David Tuerff, Senior Vice President of Finance and Investor Relations. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session.

I would now like to turn the call over to your host. Mr. Tuerff, the floor is yours.

David Tuerff

Good morning, and welcome to the Aris Water Solutions third 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 Tompsett.

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 continued its positive momentum with an excellent third quarter. Our contracted customers continue allocating capital to activity on our dedicated acreage in the Northern Delaware Basin, resulting in sustained water volume growth over the past several years. Our customers' substantial inventory depth and attractive economics in our area of operations support a critical multi-decade need for comprehensive water management services.