SOI earnings

Second Quarter 2024 Summary Results and Highlights Revenue of $74 million Net income of $10 million and $0.20 per diluted Class A share; Adjusted pro forma net income* of $6 million and $0.13 per fully diluted share Adjusted EBITDA* of $21 million Generated $19 million of cash flow from operations and $18 million in free cash flow* Returned a total of $5 million to shareholders in second quarter 2024 through dividends, resulting in $178 million cumulatively returned to shareholders since 2018 Announced third quarter 2024 dividend of $0.12 per share on July 29, 2024, to be paid on September 6, 2024, which, once paid, will represent Solaris' 24th consecutive dividend Anno

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) ("Solaris" or the "Company") announced today that its Board of Directors has approved a quarterly cash dividend of $0.12 per share of Class A stock, to be paid on September 6, 2024 to holders of record as of August 23, 2024, and a distribution of $0.12 per unit to Solaris LLC unitholders, which is subject to the same payment and record dates. Second Quarter 2024 Results Conference Call Solaris also announced today that it will host a conference call to discuss its second quarter 2024 results on Friday, August 9, 2024 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Solaris will issue its second quarter 2024 earnings release after the m

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) ("Solaris" or the "Company"), today announced that it has entered into a definitive agreement to acquire Mobile Energy Rentals LLC ("MER"), a premier provider of distributed power solutions serving the energy and commercial & industrial ("C&I") end-markets, for a purchase price of $200 million. Transaction consideration includes $60 million of cash and the issuance of approximately 16.5 million shares of Solaris Class B common stock to MER's founders and management team, who will join Solaris post-closing. Transaction Highlights and Strategy Scale, end-market diversity, and contractual profile: Entry into critical distributed power infra

First Quarter 2024 Summary Results and Shareholder Return Highlights Revenue of $68 million Net income of $7 million, or $0.14 per diluted Class A share; Adjusted pro forma net income of $7 million, or $0.16 per fully diluted share Adjusted EBITDA of $23 million Generated $17 million of cash flow from operations and $14 million in free cash flow Returned a total of $13 million to shareholders in first quarter 2024 through share repurchases and dividends, resulting in $172 million cumulatively returned to shareholders since 2018 Approved second quarter 2024 dividend of $0.12 per share on April 24, 2024, to be paid on June 17, 2024, which, once paid, will represent Solaris'

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) ("Solaris" or the "Company") announced today that it will host a conference call to discuss its first quarter 2024 results on Friday, April 26, 2024 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Solaris will issue its first quarter 2024 earnings release after the market closes on April 25, 2024. Participants can join the first 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 Oilfield Infrastructure, Inc. To listen via live webcast, please visit the Investor Relations section of the Company's website, www.solaris

Fourth Quarter 2023 Summary Results and Shareholder Return Highlights Revenue of $63 million Net income of $7 million, or $0.14 per diluted Class A share; Adjusted pro forma net income of $7 million, or $0.15 per fully diluted share Adjusted EBITDA of $21 million Generated $24 million of cash flow from operations and $16 million in free cash flow; reduced borrowings outstanding on the credit facility by $7 million Returned a total of $47 million to shareholders in 2023 through share repurchases and dividends Solaris' fourth quarter 2023 dividend of $0.12 per share, which was paid on December 11, 2023, was a 9% increase from the prior quarter and represented Solaris' third

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) ("Solaris" or the "Company") announced today that it will host a conference call to discuss its fourth quarter and full year 2023 results on Tuesday, February 27, 2024 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Solaris will issue its fourth quarter and full year 2023 earnings release after the market closes on February 26, 2024. Participants can join the fourth quarter 2023 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 Oilfield Infrastructure, Inc. To listen via live webcast, please visit the Investor Relations section

Third Quarter 2023 Summary Results and Highlights Revenue of $69.7 million Net income of $7.6 million, or $0.16 per diluted Class A share; Adjusted pro forma net income of $8.5 million, or $0.19 per fully diluted share, for the quarter ended September 30, 2023 Adjusted EBITDA of $23.4 million Increased deployments of Solaris' new top fill technology across multiple basins Generated $6 million in free cash flow after asset sales and reduced borrowings outstanding on the credit facility by $6 million Announced a quarterly dividend of $0.12 per share to be paid on December 11, 2023, which represents a 9% per-share increase over the third quarter 2023 and Solaris' third r

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) ("Solaris" or the "Company") announced today that it will host a conference call to discuss its third quarter 2023 results on Friday, October 27, 2023 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Solaris will issue its third quarter 2023 earnings release after the market closes on October 26, 2023. Participants can join the third quarter 2023 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 Oilfield Infrastructure, Inc. Participants are encouraged to log in to the webcast or dial in to the conference call approximately ten

Second Quarter 2023 Summary Results and Highlights Net income of $12.2 million, or $0.24 per diluted Class A share, for the quarter ended June 30, 2023; Adjusted pro forma net income of $11.3 million, or $0.25 per fully diluted share, for the quarter ended June 30, 2023 Adjusted EBITDA of $26.8 million for the quarter ended June 30, 2023, reflecting a 7% sequential and 27% year-over-year increase Grew total contribution margin per frac crew followed by 26% sequentially, driven by increased deployments of Solaris' new top fill technology and AutoBlend™ units across multiple basins Paid a regular quarterly dividend of $0.11 per share on June 16, 2023, which represented Solaris'

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) ("Solaris" or the "Company") announced today that it will host a conference call to discuss its second quarter 2023 results on Friday, July 28, 2023 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Solaris will issue its second quarter 2023 earnings release after the market closes on July 27, 2023. Participants can join the second quarter 2023 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 Oilfield Infrastructure, Inc. Participants are encouraged to log in to the webcast or dial in to the conference call approximately ten min

First Quarter 2023 Summary Results and Highlights Net income of $11.9 million, or $0.23 per diluted Class A share; Adjusted pro forma net income of $11.0 million, or $0.24 per fully diluted share Adjusted EBITDA of $25.1 million, reflecting a 9% sequential and 60% year-over-year increase Increased deployments of Solaris' new top fill technology and AutoBlend™ units across multiple basins Raised regular quarterly dividend by 5% to $0.11 per share, which was paid on March 24, 2023 and represented Solaris' 18th consecutive quarterly dividend Repurchased 1.6 million Class A common stock shares (3.5% of total outstanding shares) during the quarter; approximately $36 million remain

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) ("Solaris" or the "Company") announced today that it will host a conference call to discuss its first quarter 2023 results on Tuesday, May 2, 2023 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Solaris will issue its first quarter 2023 earnings release after the market closes on May 1, 2023. To join the first quarter 2023 conference call from within the United States, participants may dial (844) 413-3978. To join the conference call from outside of the United States, participants may dial (412) 317-6594. When instructed, please ask the operator to be joined to the Solaris Oilfield Infrastructure, Inc. call. Participants are encouraged

Summary Results and Highlights Net income of $8.0 million, or $0.15 per diluted Class A share, for the quarter ended December 31, 2022; Adjusted pro forma net income of $10.2 million, or $0.22 per fully diluted share for the quarter ended December 31, 2022 Adjusted EBITDA of $23.0 million for the quarter ended December 31, 2022 Paid a regular quarterly dividend of $0.105 per share on December 16, 2022, Solaris' 17th consecutive quarterly dividend; $112 million cumulatively returned to shareholders through dividends and share buybacks since 2018 Increased deployments of Solaris' new top fill technology across multiple basins Revising previous 2023 capital expenditure guidance to ra

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) ("Solaris" or the "Company") announced today that it will host a conference call to discuss its fourth quarter and full year 2022 results on Thursday, February 23, 2023 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Solaris will issue its fourth quarter and full year 2022 earnings release after the market closes on February 22, 2023. To join the fourth quarter 2022 conference call from within the United States, participants may dial (844) 413-3978. To join the conference call from outside of the United States, participants may dial (412) 317-6594. When instructed, please ask the operator to be joined to the Solaris Oilfield Infrastructu

Third Quarter 2022 Highlights Net income of $11.5 million, or $0.22 per diluted Class A share, for the quarter ended September 30, 2022; Adjusted pro forma net income of $11.1 million, or $0.24 per fully diluted share for the quarter ended September 30, 2022 Adjusted EBITDA of $23.9 million for the quarter ended September 30, 2022 Paid a regular quarterly dividend of $0.105 per share on September 14, 2022, Solaris' 16th consecutive quarterly dividend; $107 million cumulatively returned to shareholders through dividends and share buybacks since 2018 Increased deployments of Solaris' new top fill technology across multiple basins Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) (

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) ("Solaris" or the "Company") announced today that it will host a conference call to discuss its third quarter 2022 results on Tuesday, November 1, 2022 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Solaris will issue its third quarter 2022 earnings release after the market closes on October 31, 2022. To join the third quarter 2022 conference call from within the United States, participants may dial (844) 413-3978. To join the conference call from outside of the United States, participants may dial (412) 317-6594. When instructed, please ask the operator to be joined to the Solaris Oilfield Infrastructure, Inc. call. Participants are en

Second Quarter 2022 Highlights Net income of $8.3 million, or $0.16 per diluted Class A share, for the quarter ended June 30, 2022; Adjusted pro forma net income of $9.4 million, or $0.20 per fully diluted share for the quarter ended June 30, 2022 Adjusted EBITDA of $21.1 million for the quarter ended June 30, 2022 Paid a regular quarterly dividend of $0.105 per share on June 17, 2022, Solaris' 15th consecutive quarterly dividend Surpassed $100 million returned to shareholders in the form of dividends and stock buybacks since initiating the dividend in 2018 Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) ("Solaris" or the "Company"), a leading independent provider of supply ch

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) ("Solaris" or the "Company") announced today that it will host a conference call to discuss its second quarter 2022 results on Tuesday, August 2, 2022 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Solaris will issue its second quarter 2022 earnings release after the market closes on August 1, 2022. To join the second quarter 2022 conference call from within the United States, participants may dial (844) 413-3978. To join the conference call from outside of the United States, participants may dial (412) 317-6594. When instructed, please ask the operator to be joined to the Solaris Oilfield Infrastructure, Inc. call. Participants are enc

First Quarter 2022 Highlights Net income of $5.7 million, or $0.11 per diluted Class A share, for the quarter ended March 31, 2022; Adjusted pro forma net income of $4.8 million, or $0.11 per diluted share for the quarter ended March 31, 2022 Adjusted EBITDA of $15.7 million for the quarter ended March 31, 2022 Paid a regular quarterly dividend of $0.105 per share on March 17, 2022 Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) ("Solaris" or the "Company"), a leading independent provider of supply chain management and logistics solutions designed to drive efficiencies and reduce costs for the oil and natural gas industry, today reported financial results for the first quarter 2022

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) ("Solaris" or the "Company") announced today that it will host a conference call to discuss its first quarter 2022 results on Friday, April 29, 2022 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Solaris will issue its first quarter 2022 earnings release after the market closes on April 28, 2022. To join the first quarter 2022 conference call from within the United States, participants may dial (844) 413-3978. To join the conference call from outside of the United States, participants may dial (412) 317-6594. When instructed, please ask the operator to be joined to the Solaris Oilfield Infrastructure, Inc. call. Participants are encoura

Fourth Quarter 2021 Highlights Net income of $1.1 million, or $0.01 per diluted Class A share, for the quarter ended December 31, 2021; Adjusted pro forma net income of $1.0 million, or $0.02 per diluted share for the quarter ended December 31, 2021 Adjusted EBITDA of $9.8 million for the quarter ended December 31, 2021 Paid a regular quarterly dividend of $0.105 per share on December 17, 2021 Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) ("Solaris" or the "Company"), a leading independent provider of supply chain management and logistics solutions designed to drive efficiencies and reduce costs for the oil and natural gas industry, today reported financial results for the four

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) ("Solaris" or the "Company") announced today that it will host a conference call to discuss its fourth quarter and full year 2021 results on Tuesday, February 22, 2022 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Solaris will issue its fourth quarter and full year 2021 earnings release before the market opens on February 22, 2022. To join the fourth quarter and full year 2021 conference call from within the United States, participants may dial (844) 413-3978. To join the conference call from outside of the United States, participants may dial (412) 317-6594. When instructed, please ask the operator to be joined to the Solaris Oilfield

Third Quarter 2021 Highlights Net income of $1.4 million, or $0.03 per diluted Class A share, for the quarter ended September 30, 2021; Adjusted pro forma net loss of $0.6 million, or $(0.01) per diluted share for the quarter ended September 30, 2021 (see below for a reconciliation of Adjusted pro forma net income to net income attributable to Solaris). Adjusted EBITDA of $7.7 million for the quarter ended September 30, 2021 Net cash provided by operating activities of $7.7 million for the quarter ended September 30, 2021 Positive free cash flow of $1.7 million for the quarter ended September 30, 2021 Paid a regular quarterly dividend of $0.105 per share on September 24, 2021

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) ("Solaris" or the "Company") announced today that it will host a conference call to discuss its third quarter 2021 results on Tuesday, November 2, 2021 at 7:30 a.m. Central Time (8:30 a.m. Eastern Time). Solaris will issue its third quarter 2021 earnings release after market close on November 1, 2021. To join the third quarter 2021 conference call from within the United States, participants may dial (844) 413-3978. To join the conference call from outside of the United States, participants may dial (412) 317-6594. When instructed, please ask the operator to be joined to the Solaris Oilfield Infrastructure, Inc. call. Participants are encoura

Second Quarter 2021 Highlights Net loss of $1.9 million, or $(0.04) per diluted Class A share, for the quarter ended June 30, 2021; Adjusted pro forma net loss of $1.4 million, or $(0.03) per diluted share for the quarter ended June 30, 2021 (see below for a reconciliation of Adjusted pro forma net income to net income attributable to Solaris) Adjusted EBITDA of $6.5 million for the quarter ended June 30, 2021 Net cash provided by operating activities of $1.3 million for the quarter ended June 30, 2021 Paid a regular quarterly dividend of $0.105 per share on June 25, 2021 Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) ("Solaris" or the "Company"), a leading independent provider