Track market-moving stories before they get noisy

Atlas Energy Solutions offers a compelling Strong Buy after a 25% share price decline driven by index removal and sector headwinds. AESI's transformative CAT engine deal secures 1.6 GW of low-cost deployable power, underpinning robust free cash flow growth through 2030. Operational leverage in sand and logistics, aided by the Dune Express system, positions AESI to capture margin expansion as US shale activity rebounds.

There is a bottleneck in the artificial intelligence (AI) build-out that doesn't get enough coverage: A lack of power. It's not chips. It's not cooling. The actual megawatts of electricity delivered reliably at the scale that a 100,000-graphics processing unit (GPU) cluster demands is hard to come by.

In Texas, the ERCOT grid interconnection queue has swollen past 230 gigawatts, with wait times for large-load customers wanting added access to the grid now exceeding five years. More power sources are needed desperately. Hyperscalers are spending $690 billion on AI infrastructure in 2026 alone -- and they need those grid connections to power their expanded operations.

One surprising company looking to provide that energy: Atlas Energy Solutions (AESI 3.29%). Here's how. 

Image source: Getty Images.

Atlas Energy wants to tap into an unused power source Most investors recognize Atlas Energy as a proppant company, which supplies the frac sand that fuels drilling activity in the Permian Basin and transports it via its Dune Express system. The Dune Express is actually the world's longest automated sand conveyor.

That's Atlas' main business. But what's happening now is something else entirely. Atlas is using that physical Permian footprint to help solve the most pressing bottleneck in the modern economy.​

In March 2026, Atlas signed a Global Framework Agreement with Caterpillar (CAT +4.84%), securing roughly 1.4 gigawatts (GW) of incremental natural gas power generation assets through Dec. 31, 2030. The initial purchase commitment is approximately $840 million. With successful deployment, Atlas expects to own and operate approximately 2 gigawatts of generation capacity by 2030.​

Why is a sand provider getting into power generation? The strategic logic is cleaner than it looks at first glance. Atlas's Permian Basin operations sit next to enormous amounts of "stranded" natural gas. This gas would otherwise be flared off into the atmosphere due to pipeline constraints.

Its subsidiary, Galt Power Solutions, is working to take that "stranded" gas and convert it into behind-the-meter (BTM) electricity for industrial customers, including the cluster of AI data centers and chip-testing facilities migrating to West Texas and New Mexico. It bypasses the utility grid entirely. That's part of the "Gigawatt Pivot" Wall Street is now paying attention to.​

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A bullish business structure Altas Energy's business model has a three-pillar structure: Proppant sales, logistics (the Dune Express), and now Power-as-a-Service. The power segment is the newest and, for the long term, the most interesting. It turns a cyclical commodity business into something closer to a contracted infrastructure play.​

The stock is not for everyone. AESI trades at a price-to-earnings (P/E) of roughly 91x on trailing earnings that reflect the transition. The proppant segment has faced headwinds, and the power buildout won't generate serious cash until 2027-2029, when the Caterpillar equipment starts deploying.

Revenue growth has been negative recently as the legacy business moves through a trough. The market cap sits around $1.7 billion -- small enough to be ignored by major funds.

But that's the nature of a pivot story. The sand business is still cash flow positive. The power business, once operational at 2 GW, could entirely transform the company's earnings profile.

To me, that relative neutrality is exactly what makes it compelling and a solid long-term investment play.

Atlas Energy Solutions is rated STRONG BUY, driven by a transformative pivot into modular power generation and robust long-term growth prospects. AESI suspended its dividend to fund a $840m capital commitment with Caterpillar, targeting 2 GW of deployable power capacity by 2030. The company's sand business remains profitable due to cost advantages, but near-term growth is anchored in new power purchase agreements and project execution.

AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (together with its subsidiaries, “Atlas” or the “Company”) today announced that, subject to market and other conditions, it intends to offer for sale in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), $300 million aggregate principal amount of Convertible Senior Notes due 2031 (the “notes”). At.

Posted by Defense World Staff on Apr 8th, 2026

SG Americas Securities LLC increased its stake in shares of Atlas Energy Solutions Inc. (NYSE:AESI – Free Report) by 106.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 126,221 shares of the company’s stock after acquiring an additional 65,072 shares during the period. SG Americas Securities LLC owned 0.10% of Atlas Energy Solutions worth $1,189,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. EverSource Wealth Advisors LLC acquired a new position in shares of Atlas Energy Solutions during the 2nd quarter valued at about $25,000. Quarry LP acquired a new position in shares of Atlas Energy Solutions during the 3rd quarter valued at about $26,000. Centerpoint Advisors LLC increased its holdings in shares of Atlas Energy Solutions by 270.6% during the 3rd quarter. Centerpoint Advisors LLC now owns 2,850 shares of the company’s stock valued at $32,000 after acquiring an additional 2,081 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Atlas Energy Solutions by 43.4% during the 2nd quarter. BNP Paribas Financial Markets now owns 7,823 shares of the company’s stock valued at $105,000 after acquiring an additional 2,369 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Atlas Energy Solutions by 34.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 8,954 shares of the company’s stock valued at $120,000 after acquiring an additional 2,314 shares during the last quarter. Institutional investors and hedge funds own 34.59% of the company’s stock.

Insider Buying and Selling In other Atlas Energy Solutions news, major shareholder Chris Scholla sold 8,912 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $11.79, for a total value of $105,072.48. Following the sale, the insider owned 567,972 shares of the company’s stock, valued at $6,696,389.88. This trade represents a 1.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Gregory M. Shepard sold 130,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $11.98, for a total value of $1,557,400.00. Following the completion of the sale, the insider directly owned 7,421,210 shares in the company, valued at $88,906,095.80. This trade represents a 1.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 238,912 shares of company stock worth $2,837,472 in the last ninety days. Insiders own 15.98% of the company’s stock.

Wall Street Analysts Forecast Growth A number of research analysts have recently commented on the company. Barclays increased their price objective on Atlas Energy Solutions from $11.00 to $12.00 and gave the company an “underweight” rating in a report on Monday. Stifel Nicolaus set a $13.00 price objective on Atlas Energy Solutions in a report on Tuesday, February 24th. Citigroup lowered their price objective on Atlas Energy Solutions from $11.00 to $10.40 and set a “neutral” rating on the stock in a report on Tuesday, December 23rd. The Goldman Sachs Group increased their price objective on Atlas Energy Solutions from $8.00 to $9.00 and gave the company a “sell” rating in a report on Wednesday, March 4th. Finally, Royal Bank Of Canada increased their price objective on Atlas Energy Solutions from $12.00 to $13.00 and gave the company a “sector perform” rating in a report on Thursday, April 2nd. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $11.91.

Read Our Latest Research Report on Atlas Energy Solutions

Trending Headlines about Atlas Energy Solutions Here are the key news stories impacting Atlas Energy Solutions this week:

Positive Sentiment: Stephens reaffirmed a buy rating on AESI, supporting bullish investor views that the company’s operating outlook or valuation still merits upside. Stephens Remains a Buy on Atlas Energy Solutions (AESI) Neutral Sentiment: Context pieces and earnings commentary compare AESI’s Q4 results to peers — useful for longer‑term thesis but not an immediate catalyst. Unpacking Q4 Earnings: Atlas Energy Solutions (NYSE:AESI) In The Context Of Other Oilfield Services Stocks Negative Sentiment: The company priced an upsized private placement of convertible senior notes totaling $390M due 2031 at a 0.50% coupon — investors are selling on dilution concerns and potential share issuance if conversions occur. The low coupon reduces near‑term cash interest burden, but the size and convertibility are the main negative for the stock. Atlas Energy Solutions Inc. Announces Pricing of Upsized $390 Million Private Placement of 0.50% Convertible Senior Notes Due 2031 Negative Sentiment: Initial offering news and subsequent market coverage drove intraday selling and headlines that AESI shares were trading lower; several outlets flagged the convertible-debt news as the trigger. Why Atlas Energy Solutions (AESI) Shares Are Trading Lower Today Negative Sentiment: Barclays reaffirmed an underweight/sell view on AESI (while raising its price target modestly to $12), which reinforces downside sentiment among institutional sellers even though the PT change is small. Barclays Reaffirms Their Sell Rating on Atlas Energy Solutions (AESI) Atlas Energy Solutions Stock Performance AESI opened at $11.20 on Wednesday. The firm has a market capitalization of $1.39 billion, a P/E ratio of -27.99 and a beta of 0.62. The stock’s 50 day moving average price is $12.00 and its two-hundred day moving average price is $10.92. The company has a quick ratio of 1.16, a current ratio of 1.46 and a debt-to-equity ratio of 0.47. Atlas Energy Solutions Inc. has a 12-month low of $7.64 and a 12-month high of $14.93.

Atlas Energy Solutions Profile (Free Report)

Atlas Energy Solutions (NYSE: AESI) is an independent energy infrastructure company specializing in the development and operation of low-carbon and renewable natural gas (RNG) projects alongside complementary clean energy offerings. Through its diversified platform, the company seeks to deliver decarbonization solutions across heavy-duty transportation and industrial markets, leveraging technologies that reduce greenhouse gas emissions while providing reliable fuel and energy services.

The company’s core business activities encompass four primary segments.

Read More Five stocks we like better than Atlas Energy Solutions

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Atlas Energy Solutions Inc. (AESI - Free Report) shares rallied 9.8% in the last trading session to close at $13.17. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 14.2% loss over the past four weeks.

The surge can be attributed to Atlas Energy Solutions’ strong foothold in proppant and logistics services in the Permian Basin as well as the broader gain on crude prices, which reached nearly $90 per barrel due to the recent geopolitical developments, in the Middle East. Atlas provides technology to upstream companies to monitor, plan, and deliver materials automatically, saving time, reducing errors, and improving efficiency at oilfield sites. Tools like Opti Ordering and Opti Dispatch make the whole process faster, smarter, and more efficient than competitors. With global demand for oil and energy expected to grow, the company is expected to witness sustained demand for its oilfield equipment and services, supporting future earnings. The company’s strong foothold as an oil and gas equipment and service provider, coupled with rising demand for oil and energy, has been a significant revenue driver.

This company is expected to post quarterly loss of $0.18 per share in its upcoming report, which represents a year-over-year change of -325%. Revenues are expected to be $257.32 million, down 13.5% from the year-ago quarter.

While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For Atlas Energy Solutions Inc., the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on AESI going forward to see if this recent jump can turn into more strength down the road.

The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Atlas Energy Solutions Inc. belongs to the Zacks Oil and Gas - Integrated - United States industry. Another stock from the same industry, Occidental Petroleum (OXY - Free Report) , closed the last trading session 0.8% higher at $55.83. Over the past month, OXY has returned -4.1%.

For Occidental, the consensus EPS estimate for the upcoming report has changed +115% over the past month to $0.54. This represents a change of -37.9% from what the company reported a year ago. Occidental currently has a Zacks Rank of #1 (Strong Buy).

The market expects Atlas Energy Solutions Inc. (AESI - Free Report) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 4. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis company is expected to post quarterly loss of $0.23 per share in its upcoming report, which represents a year-over-year change of -387.5%.

Revenues are expected to be $255.07 million, down 14.3% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 16.28% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Atlas Energy Solutions Inc.?For Atlas Energy Solutions Inc., the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -3.07%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination makes it difficult to conclusively predict that Atlas Energy Solutions Inc. will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Atlas Energy Solutions Inc. would post a loss of$0.22 per share when it actually produced a loss of -$0.22, delivering no surprise.

The company has not been able to beat consensus EPS estimates in any of the last four quarters.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Atlas Energy Solutions Inc. doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

An Industry Player's Expected ResultsAmong the stocks in the Zacks Oil and Gas - Integrated - United States industry, DT Midstream (DTM - Free Report) , is soon expected to post earnings of $1.11 per share for the quarter ended March 2026. This estimate indicates a year-over-year change of +4.7%. This quarter's revenue is expected to be $325.2 million, up 7.3% from the year-ago quarter.

The consensus EPS estimate for DT Midstream has been revised 1.1% higher over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +1.53%.

When combined with a Zacks Rank of #4 (Sell), this Earnings ESP makes it difficult to conclusively predict that DT Midstream will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today reported financial and operating results for the first quarter ended March 31, 2026. First Quarter 2026 Highlights Total revenue of $265.5 million, Net loss of ($47.3) million and Adj. EBITDA of $28.4 million, in-line with previously announced range of $26-30 million Net cash provided by operating activities of $19.0 million and Adj. Free Cash Flow of $3.8 million Executed Global Framework.

Atlas Energy Solutions Inc. (AESI - Free Report) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -56.52%. A quarter ago, it was expected that this company would post a loss of $0.22 per share when it actually produced a loss of $0.22, delivering no surprise.

Over the last four quarters, the company has not been able to surpass consensus EPS estimates.

Atlas Energy Solutions Inc., which belongs to the Zacks Oil and Gas - Integrated - United States industry, posted revenues of $265.58 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 4.25%. This compares to year-ago revenues of $297.59 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Atlas Energy Solutions Inc. shares have added about 81.9% since the beginning of the year versus the S&P 500's gain of 5.6%.

What's Next for Atlas Energy Solutions Inc.?While Atlas Energy Solutions Inc. has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Atlas Energy Solutions Inc. was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.13 on $271.47 million in revenues for the coming quarter and -$0.50 on $1.08 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Oil and Gas - Integrated - United States is currently in the top 21% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Occidental Petroleum (OXY - Free Report) , has yet to report results for the quarter ended March 2026. The results are expected to be released on May 5.

This oil and gas exploration and production company is expected to post quarterly earnings of $0.62 per share in its upcoming report, which represents a year-over-year change of -28.7%. The consensus EPS estimate for the quarter has been revised 28.9% higher over the last 30 days to the current level.

Occidental Petroleum's revenues are expected to be $5.5 billion, down 19.7% from the year-ago quarter.

Fears of hotter-than-expected inflation were realized today. Consumer Price Index (CPI) data revealed that headline CPI rose 0.6% month-over-month in April. This pushed the year-over-year figure to 3.8%, which constitutes the highest reading since May 2023. To beat the CPI heat, three distinct natural resource ETFs offer varying ways to hedge against higher inflation.

Natural resources such as energy, metals, and agriculture have historically exhibited inflation protection characteristics. As the cost of living rises, prices of the raw materials that fuel and feed the world typically follow in tow.

For investors, a pivot towards real assets provide a natural hedge against eroding purchasing power. The S&P Global Natural Resources Index is also outpacing the broader S&P 500 by over 12% year to date, which makes exposure all the more enticing. ETFs can provide ease of exposure to natural resources through a flexible investment vehicle.

Key Takeaways With April’s CPI jumping to 3.8% — the highest level in nearly three years — natural resource ETFs are back in the spotlight as essential tools for preserving purchasing power through real asset exposure.

NDIV offers high income via covered calls (10%+ distribution rate), GUNR provides broad global upstream index exposure, and CSNR offers the flexibility of active management.

As the market prepares for a transition at the Federal Reserve, the persistent difficulty in tamping down inflation continues to create a favorable environment for energy, metals, and agriculture producers.

^SNRU data by YCharts

NDIV: Income-Focused Exposure Up 37% year-to-date, the Amplify Energy & Natural Resources Dividend Income ETF (NDIV) has been a standout performer. With a 30-day SEC yield of 4.67% and a distribution rate of of 10.79% (both as of April 30), the fund also provides income to boot in this higher-for-longer inflationary environment. 

The fund targets high-dividend energy and natural resource equities while overlaying a strategic covered call strategy. This approach aims for an annualized income of 10% or more, providing a significant yield cushion even when volatility hits the broader market.

NDIV’s covered call methodology can be particularly effective when markets trend higher or even sideways. The fund generates monthly option premiums while maintaining exposure to production giants like Atlas Energy Solutions (AESI), which is its top holding (as of May 12). With the energy sector poised to benefit from AI-driven power demands, NDIV’s blend of growth and diversified income makes it a compelling choice.

See more: Energy, Materials Propel NDIV to Strong March Performance

GUNR: Capturing Pricing Power Upstream To capture exposure to the upstream portion of the supply chain, the FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) is an ideal ETF play. Furthermore, those looking for a global mandate in an index fund that captures this upstream exposure will appreciate the country diversification of GUNR. 

GUNR targets companies involved in the exploration and extraction of raw materials. Given this focus, the fund essentially captures pricing power at the source, which offers a way to hedge against the rising tide of energy prices. When global demand rises, price pressures first occur at the resource level where GUNR targets companies before it trickles down to manufacturers and consumers.

The fund is highly diversified with its over 180 holdings (as of May 11). By holding energy giants like Exxon Mobil and BHP Group, GUNR provides a direct link to the underlying economics of scarcity.

CSNR: An Actively Managed Option For those seeking an actively managed fund, the Cohen & Steers Natural Resources Active ETF (CSNR) is worth a look. Active management can be helpful in the natural resources space to navigate challenges associated with geopolitical tensions or supply chain disruptions that can upend markets quickly. As such, the flexibility of active management is a welcome benefit.

CSNR uses a proprietary risk-parity framework that diversifies exposure across energy value chains, metals, mining, and agriculture. As mentioned, the strategy can pivot its weightings based on real-time scarcity dynamics due to its actively managed portfolio. The fund has 65 holdings (as of March 31), which includes major energy players like Exxon Mobil Corporation alongside metal mining giants like Newmont Mining Corporation.

Tailwinds for Natural Resources? With the U.S. Senate expected to confirm Kevin Warsh as the next Federal Reserve chair, grappling with inflation will be one of his primary tasks at the central bank helm. Tamping down inflation this year has been an elusive goal, but this can create further tailwinds for natural resources through the rest of this year.

For now, this bodes well for natural resource ETFs. Whether through the income-heavy covered call strategy of NDIV, the upstream focus of GUNR, or the active management of CSNR, investors have optionality when it comes to turning inflation into a performance driver.

Feature Amplify Energy & Natural Resources Dividend Income ETF FlexShares Global Upstream Natural Resources Index Fund Cohen & Steers Natural Resources Active ETF Ticker NDIV GUNR CSNR Issuer Amplify ETFs Northern Trust (FlexShares) Cohen & Steers Inception Date August 24, 2022 September 16, 2011 February 4, 2025 Expense Ratio 0.59% 0.46% 0.50% Assets Under Management ~$28 Million ~$7.4 Billion ~$97 Million Number of Holdings 40 181 65 Underlying Index EQM Natural Resources Dividend Income Index Morningstar Global Upstream Nat Res Index Active Management (No Index) Selection Universe Global Natural Resource Dividend Payers Global Upstream Energy, Metals & Agriculture Global Real Assets & Commodity Equities For more news, information, and analysis, visit the Thematic Investing Content Hub.

VettaFi LLC (“VettaFi”) is the index provider for NDIV, for which it receives an index licensing fee. However, NDIV is not issued, sponsored, endorsed, or sold by VettaFi, and VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of NDIV.