• solaris oilfield infrastructure (nyse: soi) is focused on driving logistics and cost efficiencies for operators and service companies during the life cycle of oil and gas wells • the shale development has entered a new stage of evolution, whereby operational efficiencies have become the key differentiator for premier operators and service companies • on site operations (multi well pads, advanced rig moving technologies, quicker concurrent multi-well completions, on-site material handling, measurement and product value recovery) • supply chain management • logistical challenges have increased as operators are not only pumping more proppant per stage, but multi-basin development campaigns are yielding faster drilling and completion times, driving disproportionate proppant consumption and putting additional stress on existing infrastructure • soi is focused on addressing these industry challenges through its product offerings: o mobile sand silos for well site storage and delivery o mob
Company profile
Ticker
SOI
Exchange
Website
CEO
William Zartler
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
SOI stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
5 Apr 24
DEFA14A
Additional proxy soliciting materials
4 Apr 24
DEF 14A
Definitive proxy
4 Apr 24
10-K
2023 FY
Annual report
27 Feb 24
8-K
Fourth Quarter 2023 Summary Results and Shareholder Return Highlights
26 Feb 24
S-8
Registration of securities for employees
24 Jan 24
10-Q
2023 Q3
Quarterly report
30 Oct 23
8-K
Solaris Oilfield Infrastructure Announces Third Quarter 2023 Results and Fourth Quarter Dividend
26 Oct 23
10-Q
2023 Q2
Quarterly report
27 Jul 23
8-K
Solaris Oilfield Infrastructure Announces Second Quarter 2023 Results
27 Jul 23
Transcripts
SOI
Earnings call transcript
2023 Q4
27 Feb 24
SOI
Earnings call transcript
2023 Q3
27 Oct 23
SOI
Earnings call transcript
2023 Q2
28 Jul 23
SOI
Earnings call transcript
2023 Q1
2 May 23
SOI
Earnings call transcript
2022 Q4
23 Feb 23
SOI
Earnings call transcript
2022 Q3
1 Nov 22
SOI
Earnings call transcript
2022 Q2
2 Aug 22
SOI
Earnings call transcript
2022 Q1
29 Apr 22
SOI
Earnings call transcript
2021 Q4
22 Feb 22
SOI
Earnings call transcript
2021 Q3
2 Nov 21
Latest ownership filings
4
Christopher M Powell
19 Mar 24
4
Christopher P. Wirtz
5 Mar 24
4
Cynthia M. Durrett
5 Mar 24
4
Christopher M Powell
5 Mar 24
4
Kelly L. Price
5 Mar 24
4
Kyle S. Ramachandran
5 Mar 24
4
William A Zartler
5 Mar 24
SC 13G/A
Zartler William A
15 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G
DIMENSIONAL FUND ADVISORS LP
9 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 3.45 mm | 3.45 mm | 3.45 mm | 3.45 mm | 3.45 mm | 3.45 mm |
Cash burn (monthly) | 1.97 mm | 581.83 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 13.45 mm | 3.97 mm | n/a | n/a | n/a | n/a |
Cash remaining | -10.00 mm | -516.09 k | n/a | n/a | n/a | n/a |
Runway (months of cash) | -5.1 | -0.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
93.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 122 |
Opened positions | 27 |
Closed positions | 6 |
Increased positions | 34 |
Reduced positions | 35 |
13F shares | Current |
---|---|
Total value | 225.10 bn |
Total shares | 28.31 mm |
Total puts | 19.50 k |
Total calls | 17.20 k |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
Solaris Energy Capital | 3.51 mm | $23.01 mm |
THRC | 3.22 mm | $0.00 |
BLK Blackrock | 2.56 mm | $27.25 bn |
Vanguard | 1.68 mm | $17.95 bn |
Dimensional Fund Advisors | 1.50 mm | $16.03 bn |
Wellington Management | 1.30 mm | $13.84 bn |
Russell Investments | 1.08 mm | $11.46 bn |
Deprince Race & Zollo | 1.04 mm | $11.08 bn |
Royce & Associates | 915.93 k | $9.76 bn |
Adage Capital Partners GP, L.L.C. | 794.55 k | $8.47 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Christopher M Powell | Class A Common Stock | Sell | Dispose S | No | No | 8.5 | 17,500 | 148.75 k | 130,202 |
1 Mar 24 | Christopher M Powell | Class A Common Stock | Payment of exercise | Dispose F | No | No | 8.47 | 8,307 | 70.36 k | 147,702 |
1 Mar 24 | Christopher M Powell | Class A Common Stock | Grant | Acquire A | No | No | 0 | 63,274 | 0.00 | 156,009 |
1 Mar 24 | Cynthia M. Durrett | Class A Common Stock | Payment of exercise | Dispose F | No | No | 8.47 | 10,042 | 85.06 k | 159,903 |
1 Mar 24 | Cynthia M. Durrett | Class A Common Stock | Grant | Acquire A | No | No | 0 | 58,911 | 0.00 | 169,945 |
1 Mar 24 | Kelly L. Price | Class A Common Stock | Payment of exercise | Dispose F | No | No | 8.47 | 13,908 | 117.80 k | 294,183 |
1 Mar 24 | Kelly L. Price | Class A Common Stock | Grant | Acquire A | No | No | 0 | 75,591 | 0.00 | 308,091 |
1 Mar 24 | Kyle S. Ramachandran | Class A Common Stock | Payment of exercise | Dispose F | No | No | 8.47 | 19,111 | 161.87 k | 336,497 |
1 Mar 24 | Kyle S. Ramachandran | Class A Common Stock | Grant | Acquire A | No | No | 0 | 106,684 | 0.00 | 355,608 |
Press releases
Solaris Oilfield Infrastructure Schedules First Quarter 2024 Results Conference Call
4 Apr 24
Solaris Oilfield Infrastructure Announces Fourth Quarter and Full Year 2023 Results and Announces Continued Shareholder Returns for First Quarter 2024
26 Feb 24
Solaris Oilfield Infrastructure Schedules Fourth Quarter and Full Year 2023 Results Conference Call
1 Feb 24