Is Solaris Energy Infrastructure Inc (SEI) Stock a Good Investment?
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Learn more about whether Solaris Energy Infrastructure Inc is a good stock to buy or sell based on recent news as well as its key financial metrics. Read on to find out how (SEI) grades on certain investment factors and determine whether it meets your investment needs.
Latest Solaris Energy Infrastructure Inc Stock News
As of September 13, 2024, Solaris Energy Infrastructure Inc had a $506.9 million market capitalization, putting it in the 54th percentile of companies in the Oil & Gas – Related Services and Equipment industry.
Currently, Solaris Energy Infrastructure Inc’s price-earnings ratio is 18.0. Solaris Energy Infrastructure Inc’s trailing 12-month revenue is $274.8 million with a 6.8% profit margin. Year-over-year quarterly sales growth most recently was -4.3%. Analysts expect adjusted earnings to reach $0.636 per share for the current fiscal year. Solaris Energy Infrastructure Inc currently has a 4.1% dividend yield.
The fundamental outlook for the oil & gas related services & equipment sub-industry is neutral for the next 12 months. Oil prices rebounded from lows during the pandemic to all-time highs in spring of 2022. Global oil demand is expected to exceed pre-pandemic levels, but inadequate supply levels add additional stress to an already tight market. Oil producers are increasing their capital spending for 2022, paving the way for more production while driving up demand for oil services. Despite this, the industry faces challenges heading into late 2022. Labor, equipment maintenance and supplies are all getting more costly. Oil services companies are also experiencing a shortage of sand used for fracking, rigs and fracking crews.
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