Solaris Oilfield Infrastructure with ticker code (SOI) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 17 and 11.5 calculating the mean target price we have 14.7. Given that the stocks previous close was at 10.73 this indicates there is a potential upside of 37.0%. The day 50 moving average is 11.45 while the 200 day moving average is 9.65. The company has a market capitalisation of $511m. Visit the company website at: https://www.solarisoilfield.com
The potential market cap would be $700m 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.