Solaris Oilfield Infrastructure with ticker code (SOI) now have 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 15 and 10 and has a mean target at 12. Given that the stocks previous close was at 11.29 this is indicating there is a potential upside of 6.3%. The day 50 moving average is 9.48 and the 200 moving average now moves to 8.27. The market capitalisation for the company is $522m. Company Website: https://www.solarisoilfield.com
The potential market cap would be $555m 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.
