Solaris Oilfield Infrastructure with ticker code (SOI) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 15 and 11.5 with a mean TP of 14.13. Now with the previous closing price of 11.06 this indicates there is a potential upside of 27.8%. The 50 day moving average now sits at 11.09 and the 200 day MA is 9.73. The company has a market capitalisation of $501m. Visit the company website at: https://www.solarisoilfield.com
The potential market cap would be $640m 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.