Aris Water Solutions, Inc. reported fourth quarter 2022 net income of $5.4 million, a decrease of 15% compared to the fourth quarter of 2021. The company's total water volumes reached approximately 1.31 million barrels per day, a 20% increase year-over-year, with recycled produced water volumes up 53% over the same period.
Total water volumes for Q4 2022 were approximately 1.31 million barrels per day, a 20% increase compared to Q4 2021.
Recycled Produced Water volumes for Q4 2022 were approximately 283 thousand barrels per day, a 53% increase compared to Q4 2021.
Net income for Q4 2022 was $5.4 million, a 15% decrease compared to Q4 2021.
Adjusted EBITDA for Q4 2022 was $36.1 million, a 1% increase compared to Q4 2021.
Visualization of income flow from segment revenue to net income