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Aris Water Announces Seven-Year Extension of Water Gathering and Disposal Agreement with ConocoPhillips and Provides Operational Update

1. Aris extended its Water Agreement with ConocoPhillips to 2040. 2. This solidifies a successful collaboration and operational relationship.

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Why Bullish?

The extension signals confidence in ARIS's operational stability and revenue continuity. Historical examples show similar partnerships often lead to price appreciation due to reduced uncertainty.

How important is it?

The extension ensures stable revenue flow and strengthens ARIS's market position, making it significant. Long-term contracts often contribute to stock price resilience and attract investment.

Why Long Term?

The extended contract mitigates risks for the next several years, suggesting sustained revenue. Long-term agreements typically enhance investor confidence and support sustainable growth.

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HOUSTON--(BUSINESS WIRE)--Aris Water Solutions, Inc. (NYSE: ARIS) (“Aris”) today announced the extension of its Water Gathering and Disposal Agreement (the “Agreement”) with ConocoPhillips, extending the primary term of the Agreement from May 31, 2033, to May 31, 2040. The Agreement's terms will otherwise remain unchanged as the parties extend their successful operational relationship. This extension further aligns the interests of both parties and complements their recently executed long-term.

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