Date | Price Target | Rating | Analyst |
---|---|---|---|
1/22/2025 | $41.00 | Buy | Tudor, Pickering, Holt & Co. |
11/6/2024 | Neutral → Outperform | Pickering Energy Partners |
4 - Solaris Energy Infrastructure, Inc. (0001697500) (Issuer)
4 - Solaris Energy Infrastructure, Inc. (0001697500) (Issuer)
4 - Solaris Energy Infrastructure, Inc. (0001697500) (Issuer)
4 - Solaris Energy Infrastructure, Inc. (0001697500) (Issuer)
Solaris Energy Infrastructure, Inc. (NYSE:SEI) ("Solaris" or the "Company"), today announced third quarter 2024 financial and operational results. Third Quarter 2024 Summary Results and Recent Highlights Revenue of $75 million Net loss of $2 million and ($0.04) per diluted Class A share; Adjusted pro forma net income(1) of $4 million and $0.08 per fully diluted share Adjusted EBITDA(1) of $22 million On September 11, 2024, closed the acquisition of Mobile Energy Rentals LLC ("MER," and such acquisition, the "MER Acquisition"), a premier provider of distributed power solutions; established new Solaris Power Solutions segment Closed $325 million senior secured term loan to effectua
Solaris Energy Infrastructure, Inc. (NYSE:SEI) ("Solaris" or the "Company") announced today that it will host a conference call to discuss its third quarter 2024 results on Tuesday, November 5, 2024 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). Solaris will issue its third quarter 2024 earnings release after the market closes on November 4, 2024. Participants can join the third quarter 2024 conference call from within the United States by dialing (844) 413-3978, or from outside of the United States by dialing (412) 317-6594, and referencing Solaris Energy Infrastructure, Inc. To listen via live webcast, please visit the Investor Relations section of the Company's website, solaris-en
Tudor, Pickering, Holt & Co. initiated coverage of Solaris Energy Infrastructure with a rating of Buy and set a new price target of $41.00
Pickering Energy Partners upgraded Solaris Energy Infrastructure from Neutral to Outperform
SC 13G/A - Solaris Energy Infrastructure, Inc. (0001697500) (Subject)
Solaris Energy Infrastructure, Inc. (NYSE:SEI) ("Solaris" or the "Company") announced today that Mr. Max Yzaguirre has been named as an independent member of the Company's Board of Directors (the "Board"), effective January 30, 2025. With the addition of Mr. Yzaguirre, the Board is now composed of 10 members. "We are pleased to welcome Max to our Board and look forward to the value he will bring Solaris," said Bill Zartler, Solaris Chairman and Chief Executive Officer. "His experience developing energy and power related projects as well as his former roles as Chairman of the Texas Public Utility Commission and an ERCOT Board Member will provide unique insight to Solaris as we continue to
Solaris Energy Infrastructure, Inc. ("Solaris" or the "Company") (NYSE:SEI) today announced the pricing of its underwritten public offering of 6,500,000 shares of its Class A common stock, par value $0.01 per share ("Class A common stock"), at a public offering price of $24.75 per share, for total net proceeds of approximately $156 million. In connection with the offering, Yorktown Energy Partners X, L.P. ("Yorktown"), a selling stockholder of the Company, has granted the underwriters the option to purchase up to an additional 975,000 shares of Class A common stock (the "Option Shares") on the same terms and conditions within 30 days. The offering is expected to close on December 11, 2024
Solaris Energy Infrastructure, Inc. ("Solaris" or the "Company") (NYSE:SEI) today announced that it has commenced an underwritten public offering of 6,500,000 shares of its Class A common stock, par value $0.01 per share ("Class A common stock"). In connection with the offering, Yorktown Energy Partners X, L.P. ("Yorktown"), a selling stockholder of the Company, expects to grant the underwriters the option to purchase up to an additional 975,000 shares of Class A common stock (the "Option Shares") on the same terms and conditions within 30 days. The Company intends to contribute all of the net proceeds it receives from the offering to Solaris Energy Infrastructure, LLC ("Solaris LLC") in
Solaris Energy Infrastructure, Inc. (NYSE:SEI) ("Solaris" or the "Company"), today announced a financial and operational update for the fourth quarter 2024 as well as updates to its growth capital program to further support the Solaris Power Solutions segment in response to rapidly evolving customer demand. Fourth Quarter 2024 Financial and Operational Update The Company is increasing its fourth quarter 2024 Adjusted EBITDA* guidance to a range of $36 million to $39 million, compared to its prior expectation for a range of $33 million to $36 million. The primary drivers behind the updated range are continued enhanced utilization levels and improved cost absorption in the Solaris Power S
Solaris Energy Infrastructure, Inc. (NYSE:SEI) ("Solaris" or the "Company"), today announced the filing of its universal shelf registration statement (the "Shelf Registration") on Form S-3 with the U.S. Securities and Exchange Commission (the "SEC") to replace its previous universal shelf registration, which was originally effective on October 22, 2021 and expired on October 22, 2024. If and when the Shelf Registration is declared effective, it will permit the Company to offer and sell, from time to time in one or more offerings, up to $500 million of shares of Class A common stock, preferred stock or any combination thereof (the "securities"). A registration statement related to these se
Solaris Energy Infrastructure, Inc. (NYSE:SEI) ("Solaris" or the "Company"), today announced it will present and host investor meetings at the Southwest IDEAS Conference in Dallas, TX on Wednesday, November 20, 2024. The Company presentation is scheduled to begin at 10:00 a.m. Central Time. Additional information about the Southwest IDEAS Conference can be found on the conference website, threepartadvisors.com/southwest. Solaris also plans to host investor meetings at the Capital One Securities Energy Conference in Houston, TX on Tuesday, December 10, 2024, and the Goldman Sachs Energy, Clean Tech & Utilities Conference on Tuesday, January 7 and Wednesday, January 8, 2025. Accompanying
Solaris Energy Infrastructure, Inc. (NYSE:SEI) ("Solaris" or the "Company"), today announced third quarter 2024 financial and operational results. Third Quarter 2024 Summary Results and Recent Highlights Revenue of $75 million Net loss of $2 million and ($0.04) per diluted Class A share; Adjusted pro forma net income(1) of $4 million and $0.08 per fully diluted share Adjusted EBITDA(1) of $22 million On September 11, 2024, closed the acquisition of Mobile Energy Rentals LLC ("MER," and such acquisition, the "MER Acquisition"), a premier provider of distributed power solutions; established new Solaris Power Solutions segment Closed $325 million senior secured term loan to effectua
Solaris Energy Infrastructure, Inc. (NYSE:SEI) ("Solaris" or the "Company") announced today that it will host a conference call to discuss its third quarter 2024 results on Tuesday, November 5, 2024 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). Solaris will issue its third quarter 2024 earnings release after the market closes on November 4, 2024. Participants can join the third quarter 2024 conference call from within the United States by dialing (844) 413-3978, or from outside of the United States by dialing (412) 317-6594, and referencing Solaris Energy Infrastructure, Inc. To listen via live webcast, please visit the Investor Relations section of the Company's website, solaris-en
Solaris Energy Infrastructure, Inc. (NYSE:SEI) ("Solaris" or the "Company") today announced that Kelly Price, Chief Operating Officer (COO), will be retiring from the Company, effective December 31, 2024. Mr. Price has served as Solaris' COO since early 2017 and will continue to support the Company during the transition period to ensure a smooth handover of responsibilities. Upon retirement, Mr. Price will serve as an advisor to the Company throughout 2025. "On behalf of our Board of Directors and the Company, I want to express my deepest appreciation for Kelly and his contributions to Solaris. Kelly has been an integral part of the Solaris executive team since joining us in 2017 prior to
SCHEDULE 13G/A - Solaris Energy Infrastructure, Inc. (0001697500) (Subject)
8-K - Solaris Energy Infrastructure, Inc. (0001697500) (Filer)
SCHEDULE 13G - Solaris Energy Infrastructure, Inc. (0001697500) (Subject)
8-K - Solaris Energy Infrastructure, Inc. (0001697500) (Filer)
424B3 - Solaris Energy Infrastructure, Inc. (0001697500) (Filer)
424B4 - Solaris Energy Infrastructure, Inc. (0001697500) (Filer)
EFFECT - Solaris Energy Infrastructure, Inc. (0001697500) (Filer)
424B4 - Solaris Energy Infrastructure, Inc. (0001697500) (Filer)
424B4 - Solaris Energy Infrastructure, Inc. (0001697500) (Filer)
S-3 - Solaris Energy Infrastructure, Inc. (0001697500) (Filer)