Solaris Oilfield Infrastructure (SOI) Misses Q4 EPS by 1c

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Go back to Solaris Oilfield Infrastructure (SOI) Misses Q4 EPS by 1c

Solaris Oilfield Infrastructure Announces Fourth Quarter and Full Year 2022 Results

February 22, 2023 4:49 PM EST

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 range between $65 million and... More