Why These Energy Stocks Are Losing This Week

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

Share Price Decline Between Mar. 10 and Mar. 17: 4.3%

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) continued to fall last week after declining by over 32% the week before, following the announcement of the company’s mixed performance in Q4 2024. SEI posted an adjusted EPS of $0.12, slightly missing estimates by $0.01. Moreover, the stock was also affected due to the recently published report by Morpheus Research which alleged, among other things, that Solaris Energy ‘appears to have inflated short-term profitability by depreciating its gas turbines assuming they have a useful life of 25 years’.

Despite the recent downturn, the share price of Solaris Energy Infrastructure, Inc. (NYSE:SEI) has surged by more than 175% over the last year.