Solaris Oilfield Infra (SOI) Valuation Update - Oct 3
Posted: Mon Oct 03, 2022 3:27 pm
I spent several hours today looking at SOI. It closed today at $9.87. My updated valuation is $18.00/share.
> SOI is debt free.
> It is free cash flow positive.
> It pays a dividend $0.105/Qtr and it is funding a share repurchase program.
> KEY STAT: Solaris is now back in "Growth Mode"; gaining market share as it deploys more equipment.
> It is the market leader in managing frac sand and chemicals at the wellsite.
> As upstream companies expand their drilling programs, SOI's revenues and profit margin goes up.
A simple oilfield services company that pays a nice dividend and has lots of share price upside for us.
You pay me the Big Bucks to find small-caps with this much upside.
> SOI is debt free.
> It is free cash flow positive.
> It pays a dividend $0.105/Qtr and it is funding a share repurchase program.
> KEY STAT: Solaris is now back in "Growth Mode"; gaining market share as it deploys more equipment.
> It is the market leader in managing frac sand and chemicals at the wellsite.
> As upstream companies expand their drilling programs, SOI's revenues and profit margin goes up.
A simple oilfield services company that pays a nice dividend and has lots of share price upside for us.
You pay me the Big Bucks to find small-caps with this much upside.