SOI Stock Summary and Trading Ideas (Solaris Oilfield Infrastructure Class A | NYSE:SOI)

Solaris Oilfield Infrastructure Inc provides oilfield products, services and infrastructure to enhance drilling, completions, efficiency and safety in North American shale plays. It designs and manufactures equipment, provides software solutions, last mile and mobilization logistics services and field technician support to E&P and oilfield service companies. The company provides Mobile Proppant Management Systems, Automated Control Systems, Solaris Software Suite and other products and services to its customers.

Solaris Oilfield Infrastructure Class A trades on the NYSE stock market under the symbol SOI.

As of April 24, 2024, SOI stock price declined to $8.50 with 148,089 million shares trading.

SOI has a beta of 0.68, meaning it tends to be less sensitive to market movements. SOI has a correlation of 0.05 to the broad based SPY ETF.

SOI has a market cap of $246.94 million. This is considered a Small Cap stock.

Last quarter Solaris Oilfield Infrastructure Class A reported $63 million in Revenue and $.15 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $.01.

In the last 3 years, SOI stock traded as high as $14.61 and as low as $6.11.

The top ETF exchange traded funds that SOI belongs to (by Net Assets): VTI, IWM, VXF, MGMT, AVUV.

SOI has underperformed the market in the last year with a price return of +15.8% while the SPY ETF gained +24.2%. However, in the short term, SOI had mixed performance relative to the market. It has outperformed in the last 3 months, returning +16.2% vs +4.6% return in SPY. But in the last 2 weeks, SOI shares have been beat by the market, returning -5.0% compared to an SPY return of -2.7%.

SOI support price is $8.41 and resistance is $8.79 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SOI stock will trade within this expected range on the day.