SOI

Solaris Oilfield InfrastructureNYSE:SOI Stock Report

Market Cap

US$326.7m

7D

-4.9%

1Y

15.9%

Updated

22 Sep, 2021

Data

Company Financials +
SOI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends3/6

SOI Overview

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.

Solaris Oilfield Infrastructure Competitors

U.S. Silica Holdings

NYSE:SLCA

US$551.7m

Smart Sand

NasdaqGS:SND

US$92.7m

Price History & Performance

Summary of all time highs, changes and price drops for Solaris Oilfield Infrastructure
Historical stock prices
Current Share PriceUS$7.20
52 Week HighUS$5.55
52 Week LowUS$15.08
Beta2.02
1 Month Change-1.23%
3 Month Change-29.13%
1 Year Change15.94%
3 Year Change-60.87%
5 Year Changen/a
Change since IPO-37.66%

Recent News & Updates

Aug 23
Solaris Oilfield Infrastructure (NYSE:SOI) Is Due To Pay A Dividend Of US$0.10

Solaris Oilfield Infrastructure (NYSE:SOI) Is Due To Pay A Dividend Of US$0.10

The board of Solaris Oilfield Infrastructure, Inc. ( NYSE:SOI ) has announced that it will pay a dividend on the 24th...

Jul 20
Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) Shares Could Be 35% Below Their Intrinsic Value Estimate

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) Shares Could Be 35% Below Their Intrinsic Value Estimate

Does the July share price for Solaris Oilfield Infrastructure, Inc. ( NYSE:SOI ) reflect what it's really worth? Today...

Shareholder Returns

SOIUS Energy ServicesUS Market
7D-4.9%-6.6%-1.7%
1Y15.9%67.1%36.2%

Return vs Industry: SOI underperformed the US Energy Services industry which returned 56.5% over the past year.

Return vs Market: SOI underperformed the US Market which returned 31.5% over the past year.

Price Volatility

Is SOI's price volatile compared to industry and market?
SOI volatility
SOI Beta2.02
Industry Beta2.4
Market Beta1

Stable Share Price: SOI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SOI's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014125Bill Zartlerhttps://www.solarisoilfield.com

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. The company also provides trained personnel and last mile proppant logistics services; transloading and forward staging storage services; and digital inventory software under the Solaris Lens and Railtronix names. It serves oil and natural gas exploration and production, and oilfield service companies.

Solaris Oilfield Infrastructure Fundamentals Summary

How do Solaris Oilfield Infrastructure's earnings and revenue compare to its market cap?
SOI fundamental statistics
Market CapUS$326.70m
Earnings (TTM)-US$7.41m
Revenue (TTM)US$109.66m

3.0x

P/S Ratio

-44.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SOI income statement (TTM)
RevenueUS$109.66m
Cost of RevenueUS$73.44m
Gross ProfitUS$36.22m
ExpensesUS$43.63m
Earnings-US$7.41m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.25
Gross Margin33.03%
Net Profit Margin-6.76%
Debt/Equity Ratio0%

How did SOI perform over the long term?

See historical performance and comparison

Dividends

5.8%

Current Dividend Yield

-168%

Payout Ratio

Valuation

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

43.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SOI ($7.2) is trading below our estimate of fair value ($12.82)

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


Price To Earnings Ratio

PE vs Industry: SOI is unprofitable, so we can't compare its PE Ratio to the US Energy Services industry average.

PE vs Market: SOI is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SOI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SOI is overvalued based on its PB Ratio (1.6x) compared to the US Energy Services industry average (1x).


Future Growth

How is Solaris Oilfield Infrastructure forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

46.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SOI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: SOI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SOI's is expected to become profitable in the next 3 years.

Revenue vs Market: SOI's revenue (15.1% per year) is forecast to grow faster than the US market (9.8% per year).

High Growth Revenue: SOI's revenue (15.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SOI's Return on Equity is forecast to be low in 3 years time (6.3%).


Past Performance

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

-4.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SOI is currently unprofitable.

Growing Profit Margin: SOI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SOI is unprofitable, and losses have increased over the past 5 years at a rate of 4.6% per year.

Accelerating Growth: Unable to compare SOI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SOI is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-49.7%).


Return on Equity

High ROE: SOI has a negative Return on Equity (-4.04%), as it is currently unprofitable.


Financial Health

How is Solaris Oilfield Infrastructure's financial position?


Financial Position Analysis

Short Term Liabilities: SOI's short term assets ($83.4M) exceed its short term liabilities ($28.3M).

Long Term Liabilities: SOI's short term assets ($83.4M) exceed its long term liabilities ($80.6M).


Debt to Equity History and Analysis

Debt Level: SOI is debt free.

Reducing Debt: SOI has no debt compared to 5 years ago when its debt to equity ratio was 0.5%.

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


Dividend

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

5.83%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SOI's dividend (5.83%) is higher than the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: SOI's dividend (5.83%) is in the top 25% of dividend payers in the US market (3.67%)


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 3 years.


Current Payout to Shareholders

Dividend Coverage: SOI is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: SOI's dividends in 3 years are forecast to be covered by earnings (84.7% payout ratio).


Next Steps

Management

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

3.6yrs

Average management tenure


CEO

Bill Zartler (56 yo)

3.17yrs

Tenure

US$1,042,644

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 ($USD1.04M) is below average for companies of similar size in the US market ($USD1.71M).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SOI's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: SOI's board of directors are considered experienced (4.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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 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$326.696m
  • Market Cap: US$229.414m
  • Shares outstanding: 45.68m
  • Website: https://www.solarisoilfield.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/22 22:44
End of Day Share Price2021/09/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.