Solaris Oilfield Infrastructure (SOI) Update - April 21

[dan_s]

SOI is going to report strong Q1 results on May 1st.

I just posted my updated profile and forecast model for SOI it the EPG website.

If you are building a profile for Growth + Income then I highly recommend you take a hard look at Solaris.
> It is debt free, so I give it an A+ safety rating.
> It pays a nice dividend that was increased in March and likely to keep increasing.
> It recently announced an aggressive stock repurchase plan design to reduce the outstanding shares by 10% over 2023 & 2024.
> Free cash flow should be going way up this year with operating cash flow going up over 30% and capital expenditures going down.
> SOI is highly respected in the oilfield as their well-completion technology and services are second to none. It has gained a lot of market share.

As a group, I feel that our Small-Cap Growth Portfolio is in the best shape ever and poised to deliver strong share price increases.
> Riley Exploration Permian (REPX) is leading the pack.
> The Canadian Juniors (HMENF, IPOOF, PTRDF and ZPTAF) should all be doubles for us if WTI averages $80/bbl. We will be publishing profiles on Hemisphere Energy and ROK Resources next week.
> Talos Energy (TALO) is going to report big production increases in Q1 and Q2.