Solaris Oilfield Infrastructure found using ticker (SOI) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 15 and 11 with a mean TP of 14. Now with the previous closing price of 9.88 this is indicating there is a potential upside of 41.7%. The day 50 moving average is 10.47 and the 200 moving average now moves to 10.16. The company has a market cap of $425m. Visit the company website at: https://www.solarisoilfield.com
The potential market cap would be $602m 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.