NYSE:SOI

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Solaris Oilfield Infrastructure

Executive Summary

Solaris Oilfield Infrastructure, Inc. designs, manufactures, and rents mobile proppant and chemical management systems to unload, store, and deliver proppant and chemicals at oil and natural gas well sites in the United States. More Details


Snowflake Analysis

Flawless balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Solaris Oilfield Infrastructure's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SOI has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.8%

SOI

3.5%

US Energy Services

-1.5%

US Market


1 Year Return

-51.3%

SOI

-49.6%

US Energy Services

12.9%

US Market

Return vs Industry: SOI underperformed the US Energy Services industry which returned -49.6% over the past year.

Return vs Market: SOI underperformed the US Market which returned 12.9% over the past year.


Shareholder returns

SOIIndustryMarket
7 Day0.8%3.5%-1.5%
30 Day-12.0%-2.9%-1.8%
90 Day-3.5%-3.6%6.6%
1 Year-48.5%-51.3%-48.1%-49.6%15.4%12.9%
3 Year-58.7%-62.0%-68.1%-70.7%39.6%30.2%
5 Yearn/a-64.6%-71.1%93.4%71.7%

Price Volatility Vs. Market

How volatile is Solaris Oilfield Infrastructure's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Solaris Oilfield Infrastructure undervalued compared to its fair value and its price relative to the market?

20.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SOI ($6.61) is trading below our estimate of fair value ($8.31)

Significantly Below Fair Value: SOI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SOI is poor value based on its PE Ratio (158.8x) compared to the US Energy Services industry average (15.3x).

PE vs Market: SOI is poor value based on its PE Ratio (158.8x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: SOI is poor value based on its PEG Ratio (7x)


Price to Book Ratio

PB vs Industry: SOI is overvalued based on its PB Ratio (0.9x) compared to the US Energy Services industry average (0.5x).


Next Steps

Future Growth

How is Solaris Oilfield Infrastructure forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

22.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SOI's forecast earnings growth (22.6% per year) is above the savings rate (2.2%).

Earnings vs Market: SOI's earnings (22.6% per year) are forecast to grow slower than the US market (23.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SOI's revenue (5.8% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: SOI's revenue (5.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SOI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Solaris Oilfield Infrastructure performed over the past 5 years?

55.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SOI has a large one-off loss of $48.3M impacting its June 30 2020 financial results.

Growing Profit Margin: SOI's current net profit margins (0.7%) are lower than last year (21.6%).


Past Earnings Growth Analysis

Earnings Trend: SOI's earnings have grown significantly by 55.7% per year over the past 5 years.

Accelerating Growth: SOI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SOI had negative earnings growth (-97.5%) over the past year, making it difficult to compare to the Energy Services industry average (-59.5%).


Return on Equity

High ROE: SOI's Return on Equity (0.5%) is considered low.


Next Steps

Financial Health

How is Solaris Oilfield Infrastructure's financial position?


Financial Position Analysis

Short Term Liabilities: SOI's short term assets ($80.6M) exceed its short term liabilities ($11.0M).

Long Term Liabilities: SOI's short term assets ($80.6M) exceed its long term liabilities ($76.4M).


Debt to Equity History and Analysis

Debt Level: SOI is debt free.

Reducing Debt: SOI had no debt 5 years ago.

Debt Coverage: SOI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SOI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Solaris Oilfield Infrastructure current dividend yield, its reliability and sustainability?

6.35%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SOI's dividend (6.35%) is higher than the bottom 25% of dividend payers in the US market (1.66%).

High Dividend: SOI's dividend (6.35%) is in the top 25% of dividend payers in the US market (4.7%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, SOI has been paying a dividend for less than 10 years.

Growing Dividend: SOI's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (997.3%), SOI's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SOI's dividends in 3 years are not forecast to be well covered by earnings (178.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.6yrs

Average management tenure


CEO

Bill Zartler (55 yo)

2.17yrs

Tenure

US$2,202,200

Compensation

Mr. William A. Zartler, also known as Bill, founded Solaris Oilfield Infrastructure, Inc. and has been its Chairman since February 2017 and has been its Chief Executive Officer since July 30, 2018. Mr. Zar ...


CEO Compensation Analysis

Compensation vs Market: Bill's total compensation ($USD2.20M) is about average for companies of similar size in the US market ($USD1.98M).

Compensation vs Earnings: Bill's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
William Zartler
Founder2.17yrsUS$2.20m0.77%
$ 2.3m
Kyle Ramachandran
CFO & President2.17yrsUS$1.63m0.79%
$ 2.4m
Kelly Price
Chief Operating Officer3.5yrsUS$1.63m0.64%
$ 1.9m
Cynthia Durrett
Chief Administrative Officer & Director1.5yrsno data0.27%
$ 812.3k
Lindsay Bourg
Chief Accounting Officer3.42yrsno data0.13%
$ 393.6k
Yvonne Fletcher
Senior Vice President of Finance & Investor Relations2.08yrsno datano data
Christopher Powell
Chief Legal Officer & Corporate Secretary3.08yrsno data0.11%
$ 324.0k
Greg Garcia
Executive Vice President of Sales & Marketingno datano datano data
Brendan Gilbert
Senior Vice President of Service & Quality0.33yrno datano data

2.6yrs

Average Tenure

50yo

Average Age

Experienced Management: SOI's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Zartler
Founder2.17yrsUS$2.20m0.77%
$ 2.3m
Cynthia Durrett
Chief Administrative Officer & Director1.5yrsno data0.27%
$ 812.3k
William Keenan
Independent Director3.33yrsUS$157.50k0.11%
$ 337.8k
A. Teague
Independent Director3.33yrsUS$157.50k0.14%
$ 425.5k
James Burke
Independent Director3.33yrsUS$157.50k0.043%
$ 130.4k
F. Parker
Independent Director3.33yrsUS$167.50k0.11%
$ 337.8k
Ray Walker
Independent Director2.08yrsUS$157.50k0.087%
$ 263.9k
Edgar Giesinger
Independent Director3.33yrsUS$180.00k0.15%
$ 441.0k

3.3yrs

Average Tenure

66.5yo

Average Age

Experienced Board: SOI's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SOI insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Solaris Oilfield Infrastructure, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Solaris Oilfield Infrastructure, Inc.
  • Ticker: SOI
  • Exchange: NYSE
  • Founded: 2014
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Implied Market Cap: US$302.943m
  • Market Cap: US$194.178m
  • Shares outstanding: 45.22m
  • Website: https://www.solarisoilfield.com

Number of Employees


Location

  • Solaris Oilfield Infrastructure, Inc.
  • 9811 Katy Freeway
  • Suite 700
  • Houston
  • Texas
  • 77024
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SOINYSE (New York Stock Exchange)YesClass A Common StockUSUSDMay 2017
68SDB (Deutsche Boerse AG)YesClass A Common StockDEEURMay 2017

Biography

Solaris Oilfield Infrastructure, Inc. designs, manufactures, and rents mobile proppant and chemical management systems to unload, store, and deliver proppant and chemicals at oil and natural gas well sites ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/22 06:20
End of Day Share Price2020/09/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.