Why These Energy Stocks Are Losing This Week

2. Solaris Energy Infrastructure, Inc. (NYSE:SEI)

Share Price Decline Between Mar. 3 and Mar. 10: 32.28%

Solaris Energy Infrastructure, Inc. (NYSE:SEI) designs and manufactures specialized equipment for oil and natural gas operators in the United States.

Solaris Energy Infrastructure, Inc. (NYSE:SEI) reported a mixed performance in Q4 2024, posting an adjusted EPS of $0.12, slightly missing estimates by $0.01. However, the company’s revenue came in at $96 million, reflecting a 28% increase from the prior quarter due to a full quarter contribution from Solaris Power Solutions as well as continued activity growth in Power.

The recent decline in the shares of Solaris Energy Infrastructure, Inc. (NYSE:SEI) could also be due to market correction, as the stock had surged by over 25% in the month of February.