Solaris Oilfield Infrastructure (SOI) Tops Q3 EPS by 2c

Solaris Oilfield Infrastructure (NYSE: SOI) reported Q3 EPS of $0.51, $0.02 better than the analyst estimate of $0.49. Revenue for the quarter came in at $56.7 billion versus the consensus estimate of $56.51 million.

Solaris’ Chairman and Chief Executive Officer Bill Zartler commented, “Our growth in the third quarter of 2018 highlights the value we provide to our customers as they manage growing complexities around manufacturing-type operations such as multi-well pad developments and zipper fracs. While we are not immune to the temporary completion headwinds in the lower-48, including infrastructure bottlenecks and budget exhaustion, we believe Solaris will continue to outperform overall industry activity levels by providing innovative, reliable, safe and cost saving solutions to our customers.”

For earnings history and earnings-related data on Solaris Oilfield Infrastructure (SOI) click here.

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