Solaris Oilfield Infrastructure with ticker code (SOI) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 16 and 11.5 with the average target price sitting at 14.1. Given that the stocks previous close was at 9.48 this would imply there is a potential upside of 48.7%. There is a 50 day moving average of 11.8 and the 200 day moving average is 9.52. The company has a market capitalisation of $438m. Company Website: https://www.solarisoilfield.com
The potential market cap would be $652m 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.
