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Home Business News Solaris Oilfield Infrastructure Issues Operational Update and Schedules Third Quarter 2020 Results...

Solaris Oilfield Infrastructure Issues Operational Update and Schedules Third Quarter 2020 Results Conference Call


HOUSTON–()–Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) (“Solaris” or the “Company”) announced today it believes US frac and Solaris’ activity, as measured by fully utilized frac crews and proppant silo systems, respectively, will be up 60-70% in the third quarter of 2020 on average from second quarter 2020. This compares to the Company’s previous expectation for a 35-45% increase.

“While we are encouraged by the strength of the rebound in completion activity and our system deployments in the third quarter, we also acknowledge that there is currently limited visibility into fourth quarter and 2021 as the US horizontal rig count has remained flat for some time.” Solaris’ Chairman and Chief…



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