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StockNews.com
StockNews.com
Business
Dipanjan Banchur

This North American Oil Services Stock is a Great Buy

Solaris Oilfield Infrastructure, Inc. (SOI) designs, manufactures and sells mobile equipment to unload, store, and deliver proppant, water, and chemicals at oil and natural gas well sites. It is involved in the transloading and storing proppant or railcars at its trans-loading facility. The company also develops Railtronix, an inventory management software. In addition, it provides last-mile logistics management services; AutoBlend, an integrated electric blender; top-fill equipment to enable quick unloading from bottom drop trucks; fluid management systems; and proprietary Solaris Lens software.

In the last quarter, SOI’s EPS beat analyst estimates by 86.9%. The company’s revenue came in $4.64 million higher than the analyst estimates of $52.28 million. Also, analysts expect its EPS and revenue to increase significantly in the upcoming months.

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