Solaris Oilfield Infrastructure (SOI) Raises Quarterly Dividend 9.1% to $0.12; 5% Yield
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Solaris Oilfield Infrastructure Announces Third Quarter 2023 Results and Fourth Quarter Dividend
October 26, 2023 6:02 PM EDTThird 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... More