Capital AllocationA ~17% dividend increase announced this quarter, plus constructive forward commentary on DPS growth in the future, is seen as a sign that management views margin improvement and the emerging FCF profile as sustainable.
EarningsARIS reported 1Q24 EBITDA of $53m, up QoQ and above estimates and consensus.
Strategic PartnershipsARIS signed a letter of intent with an iodine production & marketing company to construct an iodine extraction facility at one of ARIS' produced water management facilities.