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HOUSTON - Solaris Energy Infrastructure, Inc. (NYSE:SEI), a $2.28 billion market cap energy infrastructure company that has delivered an impressive 162% return over the past year, announced on Wednesday it has dual listed its Class A common stock on NYSE Texas, Inc., a new fully electronic equities exchange headquartered in Dallas.
The energy infrastructure company will maintain its primary listing on the New York Stock Exchange while trading under the same ticker symbol, SEI, on both exchanges. According to InvestingPro data, the company has shown robust growth with revenue increasing by 63% in the last twelve months, while maintaining a steady dividend yield of 1.42%.
Bill Zartler, Solaris’ Chairman and Chief Executive Officer, said the company is joining NYSE Texas as a Founding Member, highlighting the firm’s Texas roots where it was established and remains headquartered.
"Many of our customers, suppliers and employees are also based in Texas or have a significant presence here, and we are excited to further support Texas business development with this dual listing," Zartler said.
Chris Taylor, Chief Development Officer of NYSE Group, noted that Solaris is "a key provider of energy and power solutions in Texas," welcoming the company to NYSE Texas as a Founding Member.
Solaris Energy Infrastructure provides mobile and scalable equipment-based solutions for distributed power generation and manages raw materials used in oil and natural gas well completion. The Houston-based company serves multiple U.S. markets including energy, data centers, and other commercial and industrial sectors, according to the press release statement.
NYSE Texas is described as a newly launched fully electronic equities exchange based in Dallas. With analysts maintaining a strong buy consensus and multiple upward earnings revisions, SEI represents the kind of growth potential that Texas-based companies can offer. For deeper insights into Texas energy sector opportunities and comprehensive analysis of companies like SEI, consider exploring InvestingPro, which offers exclusive research reports covering 1,400+ top US stocks.
In other recent news, Solaris Energy Infrastructure reported impressive financial results for the second quarter of 2025, surpassing market expectations. The company achieved an earnings per share (EPS) of $0.34, which was significantly higher than the projected $0.21. Revenue for the quarter reached $149.3 million, exceeding predictions by over 21%. Additionally, Solaris Energy’s adjusted EBITDA was reported at $60.6 million, outperforming the estimates from both Raymond James and other analysts. The Power Solutions segment was a key contributor, delivering an adjusted EBITDA of $45.7 million. In response to these results, Raymond James raised its price target for Solaris Energy from $38 to $41, maintaining an Outperform rating. These developments indicate positive momentum for Solaris Energy, as evidenced by the market’s reaction and the revised analyst outlook.
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