Aris Water Solutions, Inc.
Customers
4
2 disclosed
Suppliers
0
None disclosed
Largest customer
32%
COP · FY to 2024-12-31
Named-customer revenue
$230.8M
2 customers · FY to 2024-12-31
Latest period
Dec 31, 2024
10-K filed 2025-02-27
Customers 4
Companies Aris Water Solutions, Inc. discloses as major customers, as a share of Aris Water Solutions, Inc. revenue. 2 active, 2 lapsed.
| Company | % of Aris Water Solutions, Inc. revenue | Est. revenue | Period | Trend | Status | Source |
|---|---|---|---|---|---|---|
| COP CONOCOPHILLIPS |
32% | $139.3M | FY 2024-12-31 | −1.0pp | Active | 10-K 2025-02-27 |
ConocoPhillips and its affiliates and Chevron U.S.A. Inc. accounted for approximately 32% and 21% of our total consolidated revenues, respectively. Statement of Operations Other Statement of Operations information is as follows: (in thousands) Year Ended December 31, 2024 2023 2022Depreciation, Amortization and Accretion Depreciation - Property, Plant and Equipment $ 40,566 $ 37,859 $ 30,254Amortization - Intangible Assets 37,053 37,569 36,735Accretion of Asset Retirement Obligations 1,369 1,204 535Amortization of Finance Right-of-Use Assets 171 — —Total Depreciation, Amortization and Accretion $ 79,159 $ 76,632 $ 67,524 Other Operating Expense (Income), Net Loss (Gain) on Disposal of Asset, Net $ 102 $ (2,606) $ 478Transaction Costs 997 802 1,520Abandoned Projects 1,537 $ 216 $ 72Other (367) 358 142Total Other Operating Expense (Income), Net $ 2,269 $ (1,230) $ 2,212 Interest Expense, Net Interest on Debt Instruments $ 34,481 $ 34,639 $ 31,609Amortization of Debt Issuance Costs 3,057 2,590 2,440Interest on Finance Lease Obligations 40 — —Total Interest Expense 37,578 37,229 34,049Less: Capitalized Interest (1,345) (4,376) (4,864)Total Interest Expense, Net $ 36,233 $ 32,853 $ 29,185 Significant CustomersCustomers that comprised more than 10% of our total revenue are as follows: Year Ended December 31, 2024 2023 2022 ConocoPhillips 32% 33% 34%Chevron U.S.A. Inc. 21% 18% 11%Mewbourne Oil Company **% 11% 12% **Revenue was less than 10% of total revenue.As of December 31, 2024, ConocoPhillips accounted for 16% and Chevron U.S.A. Inc. accounted for 34% of accounts receivable. As of December 31, 2024, ConocoPhillips and its affiliates and Chevron U.S.A. Inc. accounted for approximately 16% and 34% of our accounts receivable. | ||||||
| CVX CHEVRON CORP |
21% | $91.4M | FY 2024-12-31 | +3.0pp | Active | 10-K 2025-02-27 |
ConocoPhillips and its affiliates and Chevron U.S.A. Inc. accounted for approximately 32% and 21% of our total consolidated revenues, respectively. Statement of Operations Other Statement of Operations information is as follows: (in thousands) Year Ended December 31, 2024 2023 2022Depreciation, Amortization and Accretion Depreciation - Property, Plant and Equipment $ 40,566 $ 37,859 $ 30,254Amortization - Intangible Assets 37,053 37,569 36,735Accretion of Asset Retirement Obligations 1,369 1,204 535Amortization of Finance Right-of-Use Assets 171 — —Total Depreciation, Amortization and Accretion $ 79,159 $ 76,632 $ 67,524 Other Operating Expense (Income), Net Loss (Gain) on Disposal of Asset, Net $ 102 $ (2,606) $ 478Transaction Costs 997 802 1,520Abandoned Projects 1,537 $ 216 $ 72Other (367) 358 142Total Other Operating Expense (Income), Net $ 2,269 $ (1,230) $ 2,212 Interest Expense, Net Interest on Debt Instruments $ 34,481 $ 34,639 $ 31,609Amortization of Debt Issuance Costs 3,057 2,590 2,440Interest on Finance Lease Obligations 40 — —Total Interest Expense 37,578 37,229 34,049Less: Capitalized Interest (1,345) (4,376) (4,864)Total Interest Expense, Net $ 36,233 $ 32,853 $ 29,185 Significant CustomersCustomers that comprised more than 10% of our total revenue are as follows: Year Ended December 31, 2024 2023 2022 ConocoPhillips 32% 33% 34%Chevron U.S.A. Inc. 21% 18% 11%Mewbourne Oil Company **% 11% 12% **Revenue was less than 10% of total revenue.As of December 31, 2024, ConocoPhillips accounted for 16% and Chevron U.S.A. Inc. accounted for 34% of accounts receivable. | ||||||
| Mewbourne Oil Company Non-SEC Mewbourne Oil Company |
11% | $43.1M | FY 2023-12-31 | −1.0pp | Lapsed Last seen 2023-12-31 |
10-K 2025-02-27 |
Statement of Operations Other Statement of Operations information is as follows: (in thousands) Year Ended December 31, 2024 2023 2022Depreciation, Amortization and Accretion Depreciation - Property, Plant and Equipment $ 40,566 $ 37,859 $ 30,254Amortization - Intangible Assets 37,053 37,569 36,735Accretion of Asset Retirement Obligations 1,369 1,204 535Amortization of Finance Right-of-Use Assets 171 — —Total Depreciation, Amortization and Accretion $ 79,159 $ 76,632 $ 67,524 Other Operating Expense (Income), Net Loss (Gain) on Disposal of Asset, Net $ 102 $ (2,606) $ 478Transaction Costs 997 802 1,520Abandoned Projects 1,537 $ 216 $ 72Other (367) 358 142Total Other Operating Expense (Income), Net $ 2,269 $ (1,230) $ 2,212 Interest Expense, Net Interest on Debt Instruments $ 34,481 $ 34,639 $ 31,609Amortization of Debt Issuance Costs 3,057 2,590 2,440Interest on Finance Lease Obligations 40 — —Total Interest Expense 37,578 37,229 34,049Less: Capitalized Interest (1,345) (4,376) (4,864)Total Interest Expense, Net $ 36,233 $ 32,853 $ 29,185 Significant CustomersCustomers that comprised more than 10% of our total revenue are as follows: Year Ended December 31, 2024 2023 2022 ConocoPhillips 32% 33% 34%Chevron U.S.A. Inc. 21% 18% 11%Mewbourne Oil Company **% 11% 12% **Revenue was less than 10% of total revenue.As of December 31, 2024, ConocoPhillips accounted for 16% and Chevron U.S.A. Inc. accounted for 34% of accounts receivable. | ||||||
| MARATHON OIL CORP MARATHON OIL CORP |
Named | — | FY 2022-12-31 | — | Lapsed Last seen 2022-12-31 |
10-K 2023-03-09 |
Statement of Operations Other Statement of Operations information is as follows: (in thousands) Year Ended December 31, 2022 2021 2020Depreciation, Amortization and Accretion Depreciation - Property, Plant and Equipment $ 30,254 $ 27,880 $ 23,388Amortization - Intangible Assets 36,735 32,605 20,413Accretion of Asset Retirement Obligations 535 282 226Total Depreciation, Amortization and Accretion $ 67,524 $ 60,767 $ 44,027 Other Operating Expense Loss (Gain) on Disposal of Asset, Net $ 478 $ 275 $ 133Transaction Costs 1,520 335 3,389Abandoned Projects (1) 72 2,047 2,125Other 142 — —Total Other Operating Expense $ 2,212 $ 2,657 $ 5,647 Interest Expense, Net Interest on Debt Instruments $ 31,609 $ 26,221 $ 10,711Amortization of Financing Costs 2,440 2,043 783Total Interest Expense 34,049 28,264 11,494Less: Capitalized Interest (4,864) (2,791) (3,820)Total Interest Expense, Net $ 29,185 $ 25,473 $ 7,674 (1)Abandoned projects expense is related primarily to expirations of legacy permits and rights-of-way for projects that were not ultimately constructed.Significant CustomersCustomers that comprised more than 10% of our total revenue are as follows: Year Ended December 31, 2022 2021 2020 ConocoPhillips 34% 46% 38%Mewbourne Oil Company 12% **% **%Chevron U.S.A. Inc. 11% **% **%Oxy USA Inc. **% 10% 15%XTO Energy Inc. **% **% 10% **Revenue was less than 10% of total revenue.As of December 31, 2022, ConocoPhillips accounted for 36% and Mewbourne Oil Company accounted for 11% of accounts receivable. | ||||||
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