10 Best Energy Stocks to Buy Under $20 According to Billionaires

7. Atlas Energy Solutions Inc. (NYSE:AESI)

Share Price as of May 6: $19.22

Number of Billionaire Holders: 10

Atlas Energy Solutions Inc. (NYSE:AESI) is a leading solutions provider to the energy industry with a focus on leveraging technology, automation, and remote operations to enhance efficiencies.

Atlas Energy Solutions Inc. (NYSE:AESI) reported mixed results for its Q1 2026 on May 4, with the company’s adjusted loss per share of $0.36 falling behind estimates by $0.17. However, its revenue of $265.6 million managed to top expectations by $9.5 million, despite a YoY decline of almost 11%. Atlas delivered an adjusted EBITDA of $28.4 million for the quarter, which was in line with its previously announced range of $26-30 million.

Notably, Atlas Energy Solutions Inc. (NYSE:AESI) announced a 5-year Power Purchase Agreement (PPA) with an investment-grade technology infrastructure provider for 120 MW of private generation capacity. The company expects this project to generate approximately $50 million to $55 million of adjusted free cash flow on an annualized basis once fully deployed.

Atlas Energy Solutions Inc. (NYSE:AESI) is now targeting a Q2 EBITDA of approximately $50 million, supported by the incremental contributions coming from its Power segment. Moreover, the company revised its 2026 CapEx guidance to around $350 million to $375 million.