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Stock impact report

Solaris Oilfield Infrastructure Announces Second Quarter 2024 Results and Continued Shareholder Returns for Third Quarter 2024 [Yahoo! Finance]

Solaris Oilfield Infrastructure, Inc. Class A (SOI) 
Last solaris oilfield infrastructure, inc. class a earnings: 4/30 04:57 pm Check Earnings Report
US:NYSE Investor Relations: ir.solarisoilfield.com
Company Research Source: Yahoo! Finance
Net income of $10 million and $0.20 per diluted Class A share; Adjusted pro forma net income* of $6 million and $0.13 per fully diluted share Adjusted EBITDA* of $21 million Generated $19 million of cash flow from operations and $18 million in free cash flow* Returned a total of $5 million to shareholders in second quarter 2024 through dividends, resulting in $178 million cumulatively returned to shareholders since 2018 Announced third quarter 2024 dividend of $0.12 per share on July 29, 2024, to be paid on September 6, 2024, which, once paid, will represent Solaris' 24 th consecutive dividend Announced entry into definitive agreement on July 9, 2024 to acquire Mobile Energy Rentals LLC ("MER"), a premier provider of distributed power solutions, for an initial purchase price of approximately $200 million, consisting of $60 million of cash and the issuance of approximately 16.5 million shares of the Company's Class B common stock at a price per share of $8.50; proposed trans Show less Read more
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