5 Best Oil and Gas Stocks to Buy for the Next Decade

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

Number of Hedge Fund Holders: 57

Solaris Energy Infrastructure, Inc. (NYSE:SEI) is one of the best oil and gas stocks to buy for the next decade. Needham initiated coverage of Solaris Energy Infrastructure, Inc. (NYSE:SEI) with a Buy rating on June 29 and set a price target of $97. The firm told investors in a research note that the company offers behind-the-meter natural gas power to data centers and other large loads facing multi-year grid-interconnection delays. Needham added that it expects Solaris Energy Infrastructure’s. (NYSE:SEI) adjusted EBITDA to “scale several-fold” as the contracted book ramps with a “re-shaped balance sheet supporting the build.”

Solaris Energy Infrastructure, Inc. (NYSE:SEI) also received a rating update from Northland on June 12. The firm lifted the price target on the stock to $104 from $86 and maintained an Outperform rating on the shares, stating that it refreshed its model for the recent debt raise. Northland also stated that the firm raised contracted megawatts with Hatchbo and modestly adjusted its deployment timing assumptions, driving its increased price target.

Solaris Energy Infrastructure, Inc. (NYSE:SEI) is a holding company involved in the manufacture of patented mobile proppant management systems that unload, store, and deliver proppant to oil and natural gas well sites. The company’s operations are divided into the following segments: Solaris Power Solutions and Solaris Logistics Solutions.

1281292 - 11759070 - 1