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Atlas Energy Solutions (Atlas Energy Solutions) Preferred Stock : $0.0 Mil (As of Mar. 2024)


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What is Atlas Energy Solutions Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Atlas Energy Solutions's preferred stock for the quarter that ended in Mar. 2024 was $0.0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Atlas Energy Solutions's Enterprise Value for the quarter that ended in Mar. 2024 was $2,779.0 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Atlas Energy Solutions's Book Value per Share for the quarter that ended in Mar. 2024 was $9.71.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Atlas Energy Solutions's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.26.


Atlas Energy Solutions Preferred Stock Historical Data

The historical data trend for Atlas Energy Solutions's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Atlas Energy Solutions Preferred Stock Chart

Atlas Energy Solutions Annual Data
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Preferred Stock
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Atlas Energy Solutions Quarterly Data
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Preferred Stock Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Atlas Energy Solutions Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Atlas Energy Solutions  (NYSE:AESI) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Atlas Energy Solutions's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Atlas Energy Solutions's Book Value per Share for the quarter that ended in Mar. 2024 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Atlas Energy Solutions's Earnings per Share (Diluted) (EPS) for the three months ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Atlas Energy Solutions Preferred Stock Related Terms

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Atlas Energy Solutions (Atlas Energy Solutions) Business Description

Traded in Other Exchanges
N/A
Address
5918 West Courtyard Drive, Suite 500, Austin, TX, USA, 78730
Atlas Energy Solutions Inc is a provider of proppant and logistics services to the oil and natural gas industry within the Permian Basin of West Texas and New Mexico, the most active oil and natural gas basin in North America.
Executives
Richard W Schmidt other: Member of 10% Owner Group. 5410 BEE CAVE ROAD, AUSTIN TX 78746
Brian Anthony Leveille other: Member of 10% Owner Group 5918 W COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Gregory M Shepard director, other: Member of 10% Owner Group 7028 PORTMARNOCK PLACE, LAKEWOOD RANCH FL 34202
Chad M. Mcever other: Member of 10% Owner Group THREE RIVERWAY, SUITE 1350, HOUSTON TX 77056
Kirk Edwards Ginn other: Member of 10% Owner Group 5918 W COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Joel Hock other: Member of 10% Owner Group" 3331 WESTLAKE DRIVE, AUSTIN TX 78746
Camcole Consultants, Llc other: Member of 10% Owner Group 2203 GULF AVENUE, MIDLAND TX 79705
Sealy & Smith Foundation 10 percent owner 2200 MARKET STREET, SUITE 500, GALVESTON TX 77550
Ben M Brigham director, 10 percent owner, officer: See Remarks 6300 BRIDGE POINT PKWY, BLDG 2 STE 500, AUSTIN TX 78730
Douglas G Rogers director 2200 MARKET STREET, SUITE 500, GALVESTON TX 77550
Jeffrey L Allison officer: EVP, Sales & Marketing 5918 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Atlas Sand Management Co Ii, Llc 10 percent owner 5918 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
John Gregory Turner officer: See Remarks 5918 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Dathan C Voelter officer: General Counsel and Secretary 5918 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Atlas Sand Holdings, Llc 10 percent owner 5914 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730