We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Atlas Energy's Dune Express Conveyor System Completes First Delivery
Read MoreHide Full Article
Atlas Energy Solutions Inc. (AESI - Free Report) , a U.S.-based proppant and logistic services provider to the energy industry, announced that it has achieved a milestone by completing the first commercial delivery of sand from its Dune Express conveyor system. The 42-mile-long Dune Express conveyor system is located in the Permian Basin, a prolific oil and gas basin in the United States.
Dune Express has delivered the sand that was produced at the company’s Kermit facility to the End-of-Line loadout facility in New Mexico. The delivery of the proppant was completed on Jan. 12, 2025. The fully-electric Dune Express conveyor system has been highlighted as a major advancement in oilfield logistics by the company. Atlas believes that the conveyor system will improve the speed of sand delivery in the Permian Basin region, enhancing efficiency and reliability for operators in the region.
Proppants are critical for recovering oil and gas from wells. Atlas manages 14 proppant production facilities in the Permian Basin. The company has an overall production capacity of approximately 29 million tons per year.
AESI’s Zacks Rank and Key Picks
AESI currently carries a Zacks Rank #5 (Strong Sell).
Sunoco LP is one of the largest distributors of motor fuel in the United States. The partnership distributes fuel to independent dealers, commercial customers, convenience stores and distributors. Its current distribution yield is greater than that of the industry's composite stocks, providing unitholders with consistent returns.
TechnipFMC is a leading manufacturer and supplier of products, services and fully integrated technology solutions for the energy industry. The company’s total backlog witnessed a high of $14.7 million in the third quarter of 2024, indicating an 11.1% increase from the previous year’s level. This growing backlog ensures strong revenue growth for FTI.
Cheniere Energy is involved in LNG-related businesses, which include LNG terminals and natural gas marketing. The company has achieved a milestone with the first production of liquefied natural gas from the first LNG train of its Corpus Christi Stage 3 Liquefaction Project. The project, which includes seven midscale LNG trains, aims to expand the production capacity of the Corpus Christi Liquefaction facility. This expansion is expected to enhance Cheniere's position in the rapidly growing global LNG market, enabling the company to meet the rising demand for LNG, both in the United States and internationally.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Atlas Energy's Dune Express Conveyor System Completes First Delivery
Atlas Energy Solutions Inc. (AESI - Free Report) , a U.S.-based proppant and logistic services provider to the energy industry, announced that it has achieved a milestone by completing the first commercial delivery of sand from its Dune Express conveyor system. The 42-mile-long Dune Express conveyor system is located in the Permian Basin, a prolific oil and gas basin in the United States.
Dune Express has delivered the sand that was produced at the company’s Kermit facility to the End-of-Line loadout facility in New Mexico. The delivery of the proppant was completed on Jan. 12, 2025. The fully-electric Dune Express conveyor system has been highlighted as a major advancement in oilfield logistics by the company. Atlas believes that the conveyor system will improve the speed of sand delivery in the Permian Basin region, enhancing efficiency and reliability for operators in the region.
Proppants are critical for recovering oil and gas from wells. Atlas manages 14 proppant production facilities in the Permian Basin. The company has an overall production capacity of approximately 29 million tons per year.
AESI’s Zacks Rank and Key Picks
AESI currently carries a Zacks Rank #5 (Strong Sell).
Some better-ranked stocks from the energysector are Sunoco LP (SUN - Free Report) ,TechnipFMC plc (FTI - Free Report) and Cheniere Energy, Inc. (LNG - Free Report) . Sunoco currently sports a Zacks Rank #1 (Strong Buy), while TechnipFMC and Cheniere Energy carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.
Sunoco LP is one of the largest distributors of motor fuel in the United States. The partnership distributes fuel to independent dealers, commercial customers, convenience stores and distributors. Its current distribution yield is greater than that of the industry's composite stocks, providing unitholders with consistent returns.
TechnipFMC is a leading manufacturer and supplier of products, services and fully integrated technology solutions for the energy industry. The company’s total backlog witnessed a high of $14.7 million in the third quarter of 2024, indicating an 11.1% increase from the previous year’s level. This growing backlog ensures strong revenue growth for FTI.
Cheniere Energy is involved in LNG-related businesses, which include LNG terminals and natural gas marketing. The company has achieved a milestone with the first production of liquefied natural gas from the first LNG train of its Corpus Christi Stage 3 Liquefaction Project. The project, which includes seven midscale LNG trains, aims to expand the production capacity of the Corpus Christi Liquefaction facility. This expansion is expected to enhance Cheniere's position in the rapidly growing global LNG market, enabling the company to meet the rising demand for LNG, both in the United States and internationally.