Solaris Energy Infrastructure,
52.00+2.43 (+4.9%)
Oct 29, 4:00:02 PM EDT · NYSE · SEI · USD
Key Stats
Market Cap
3.51BP/E (TTM)
88.14Basic EPS (TTM)
0.59Dividend Yield
0.01%Recent Filings
8-K
Brock joins as Co-CEO
Solaris Energy Infrastructure appointed Amanda M. Brock as Co-Chief Executive Officer and Board director, effective October 16, 2025, to serve alongside William A. Zartler. Brock brings deep expertise in water, power, and energy infrastructure from leading Aris Water Solutions and prior roles at Water Standard and Azurix. This duo aims to scale operations amid surging power demand. Compensation terms remain under negotiation.
8-K
Credit amendment enables debt issuance
Solaris Energy Infrastructure amended its revolving credit facility on October 6, 2025, to allow issuance of convertible debt and derivatives, easing potential financing for growth. The company also disclosed an opportunity to buy 80 MW of immediately available turbine capacity, boosting total on-order capacity to 500 MW by late 2026. This positions Solaris to accelerate power solutions expansion amid rising demand.
10-Q
Q2 FY2025 results
Solaris Energy Infrastructure's Q2 FY2025 results showed revenue surging 102% y/y to $149.3M, driven by the new Power Solutions segment's $75.6M debut amid data center demand, while Logistics dipped slightly to $73.7M on flat activity but higher last-mile volumes. Operating income climbed 200% y/y to $35.6M with gross margins expanding to 24% from 16%, reflecting Power's high-margin leasing; diluted EPS held steady at $0.30 on 37.8M shares, reconciling to net income of $11.4M attributable to Class A shareholders. Cash from operations hit $49.9M YTD, funding $330M in capex mostly for Power fleet growth, offset by $227M debt draws and $86M Stateline equity infusion; total debt rose to $397M including $155M convertible notes due 2030, with $139M cash and $56M revolver availability. Stateline JV closed April 2025 with $86M non-cash assets for 50.1% stake, recognizing no goodwill but adding $72M term debt. Yet competition in oilfield logistics lingers as a risk.
8-K
Solaris boosts Q2 revenue, guidance
Solaris Energy Infrastructure reported Q2 2025 revenue of $149 million, up 18% from Q1, fueled by Power Solutions' 53% revenue surge to $76 million on 600 MW average capacity. Adjusted EBITDA hit $61 million, a 29% sequential gain, while Logistics dipped amid lower oil prices. The company raised Q3 and Q4 guidance to $58-63 million each, closed $155 million in convertible notes, and approved a $0.12/share dividend. Power growth accelerates, but JV non-controlling interests dilute full benefits.
8-K
Stateline JV secures $550M loan
Solaris Energy Infrastructure's joint venture, Stateline Power, secured a $550 million loan from Stonebriar Commercial Finance on May 23, 2025, to fund equipment collateral for power operations, capped at 80% of total costs. The facility features interim floating-rate advances converting to fixed-rate term notes at 9.85%, with monthly interest payments and principal amortization over 72 months. Covenants demand a fixed charge coverage ratio above 1.35x and leverage below 3.50x starting March 31, 2027. This debt bolsters capex while tying distributions to repayments.
IPO
Employees
Sector
Industry
AESI
Atlas Energy Solutions Inc.
12.09+1.73
BKR
Baker Hughes Company
48.32+0.46
KLNG
Koil Energy Solutions, Inc.
2.62-0.05
LSE
Leishen Energy Holding Co., Ltd
5.45-0.02
NOV
NOV Inc.
15.31+0.36
NPKI
NPK International Inc.
13.66+0.52
OIS
Oil States International, Inc.
6.82+0.25
SLNG
Stabilis Solutions, Inc.
4.99+0.23
VAL
Valaris Limited
56.46-0.04
WTTR
Select Water Solutions, Inc.
11.85+0.45