Investing.com - Solaris Oilfield reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Solaris Oilfield announced earnings per share of $0.230 on revenue of $92.33M. Analysts polled by Investing.com EPS of $0.238 on revenue of $96.48M.
Solaris Oilfield 's are up 66.72% and is trading at $10.920 , still down 25.26% from its 52 week high of $14.61 set on Tuesday, May 31, 2022.
Solaris Oilfield follows other major Energy sector earnings this month
Solaris Oilfield's report follows an earnings beat by Exxon Mobil on Friday, who reported EPS of $4.45 on revenue of $112.07B, EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday with third quarter EPS of $5.66 on revenue of $66.64B, for EPS of $4.83 on revenue of $57.03B.
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