Solaris Oilfield Infrastructure with ticker code (SOI) now have 7 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 15 and 10 and has a mean target at 12.21. With the stocks previous close at 10.7 this now indicates there is a potential upside of 14.1%. There is a 50 day moving average of 9.81 and the 200 day MA is 8.3. The company has a market capitalisation of $513m. Visit the company website at: https://www.solarisoilfield.com
The potential market cap would be $586m based on the market concensus.
Solaris Oilfield Infrastructure designs, manufactures, and sells mobile equipment to unload, store, and deliver proppant, water, and chemicals at oil and natural gas well sites in the United States. It is involved in the transloading and storage of proppant or railcars at its transloading facility. The company also develops Railtronix, an inventory management software. In addition, it provides last-mile logistics management services; AutoBlend, an integrated electric blender; top-fill equipment to enable quick unloading from bottom drop trucks; fluid management systems; and proprietary Solaris Lens software. The company serves exploration and production, and oilfield services industries. Solaris Oilfield Infrastructure was founded in 2014 and is headquartered in Houston, Texas.