Amanda Brock, CEO and President, Aris Water Solutions (ARIS)
Amanda Brock is the Chief Executive Officer and President of Aris Water Solutions, Inc., a leading produced water infrastructure and recycling company primarily focused on the Permian Basin which went public in October 2021.
Ms. Brock has been with Aris and its predecessor Solaris Water Midstream since 2017. She has spent her career focused on the global oil and gas, power, and water sectors.
Ms. Brock is originally from Mbabane, Swaziland, and grew up in Zimbabwe.
She completed her bachelor’s undergraduate degree at the University of Natal in South Africa and earned her Juris Doctor from Louisiana State University, where she was a member of the Law Review.
She is dedicated to responsible conservation and passionate about elephants, water and energy security.
“As we have built out our system and proven our capabilities, the industry has increasingly outsourced their produced water operations to us.
We are playing a major role in the sustainability efforts of the oil and gas industry.
We are now recycling at record levels, recently recycling over 500,000 barrels of water in a single day.
All these advancements help the industry achieve their sustainability targets by reducing their dependence on groundwater, as well as minimizing trucking — and the related carbon footprint — by moving their water to pipelines.”
This CEO contributes to the oil and gas industry by providing environmentally friendly water solutions at an economical justifiable price.
I think the trend in the industry right now is to be very disciplined in how you manage your capital program, and as a consequence, prioritizing your return to shareholders either through dividends or through buybacks.
We’ve seen a consistent message of capital discipline delivered by investors to our upstream customers and they’ve balanced their capital allocation strategies accordingly.
For us, it means steady investments by our customers throughout commodity price cycles with inventory lives that last multiple decades.
I think energy companies continue to focus on operating in a more sustainable manner.
You see it with the efforts on methane emissions and flaring and, on the water side, Chevron and ConocoPhillips have been very public with how we’ve helped them achieve over 85% recycled produced water blends for their completion water needs.
Andy Marsh, CEO, Plug Power (PLUG)
Andy Marsh joined Plug Power Inc. (NASDAQ:PLUG) as President and CEO in April 2008.
PLUG is a publicly traded independent world leader in providing hydrogen for fuel cell purposes.
“We built the first global liquid hydrogen plant using electrolyzers in Georgia, which produces 15 tons per day of hydrogen, which is equivalent to about 30,000 gallons of gasoline a day.
This serves about 25% of our customers’ needs.
While traditionally we were buying hydrogen from third-party players, companies like Lindy and Air Lakey, today we are able to produce approximately 30-35% of our hydrogen needs.
With our new hydrogen plant coming online in St. Gabriel’s, Louisiana in the fourth quarter, we’ll be able to reach almost 50% of our customers’ needs.”
This owned and operated source of Hydrogen will enable PLUG to pump up the volume significantly.
“PLUG makes our own electrolyzers.
The key component in electrolyzer plants are stacks, and we make our own based on a proprietary design that the Department of Energy — DOE — has stated that is the most efficient and best performing in the world.
We manufacture stacks in Rochester, New York, and do system integration of our electrolyzers all over the world.
Generally, I disagree with those who contend that stack electrolyzers are quite expensive.
When you really look at building a hydrogen plant, there are two ways that you could do it.
One is using traditional SMR technology, the other using electrolyzer technology.
The electrolyzer for a plant represents probably about 20%-25% of the system cost.
And today, electrolyzers are probably about 30%-40% higher than SMRs.
But as we scale up, I would expect by early 2028 that the cost of electrolyzers will be on par with SMRs.
On top of that, when you look at a total value, especially when you put tax credits into consideration, the cost to generate hydrogen will be very competitive.”
Stuart Rose, CEO, Rex American Resources (REX)
Stuart A. Rose was appointed Executive Chairman of the Board and Head of Corporate Development for REX American Resources Corp. in 2015. Mr. Rose had served as Chairman of the Board and Chief Executive Officer since the company’s incorporation in 1984 as a holding company.
REX has pivoted from retail television sales to the ethanol supply chain.
“I’ve been with the company since 1980.
We started out as a television, appliance and audio store basically, similar to, say, a Circuit City, but we served smaller markets.
That went along pretty well for about 25 years or so. Along the way, we invested in an energy project that was way more lucrative than the TV business was. And in the TV business, smaller towns were starting to slow up a little bit because of the Internet, warehouse clubs, Amazon, etc.
We made the decision to go full bore into alternative energy and that’s how we ended up in the ethanol business.
We’ve been in the ethanol business about 17 years now. And I’m still involved as the Executive Chairman, very much involved in the company, but Zafar Rizvi is the CEO and he primarily runs the ethanol business.”
Mr. Rose is pragmatic about the capital markets but has big plans for government sponsored carbon capture initiatives.
“We’re still not loved by the investment community.
But it’s interesting, I think the oil companies at one time did not really like the ethanol companies and competed with us in a very heavy-handed way and really didn’t like us.
Today, I think they’re much more our allies and the bigger competition is the electric car…We have possibilities of becoming a major player in carbon capture for other people.
That would be where I hope to have the growth in the next few years, along with, of course, expanding our One Earth ethanol plant.”
Get all the details in the complete interviews of these 3 CEOs as well as many others in the new and exclusive Wall Street Transcript Alternative Energy and Utilities Report.
Amanda Brock: the African Immigrant Who Runs Aris Water Solutions, Inc. (ARIS)
March 08, 2022
Plug Power (NASDAQ:PLUG) CEO Interview: Andy Marsh Explains the Hydrogen Fuel Cell Power Future
July 26, 2022
Plug Power Inc. (NASDAQ:PLUG) Wants to Win By Manufacturing in the United States
July 10, 2020
Plug Power Inc. (NASDAQ:PLUG) CEO Predicted His Company's Run Six Months Ago: Who's Next?
February 01, 2021
