Group 1 - Solaris Energy Infrastructure, Inc. (SEI) shares increased by 9.8% to close at $34.56, supported by high trading volume, compared to a 9.6% gain over the past four weeks [1][2] - The rise in stock price is attributed to SEI's strategic acquisition of Mobile Energy Rentals, which improved service offerings and growth potential, thereby boosting investor confidence [2] - SEI raised $156 million through a public offering, with funds directed towards growth capital and equipment purchases, enhancing its financial performance [2] Group 2 - The company is expected to report quarterly earnings of $0.14 per share, reflecting a year-over-year decline of 6.7%, while revenues are projected to be $100.9 million, a 59.3% increase from the previous year [3] - The consensus EPS estimate for SEI has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [4] - SEI holds a Zacks Rank of 3 (Hold), while another company in the same industry, Nov Inc., has a Zacks Rank of 5 (Strong Sell) [4][5]

TORONTO, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Sintana Energy Inc. (TSX-V: SEI) (“Sintana” or the “Company”) announces today that it has filed stand-alone executive compensation disclosure for the fiscal year ended December 31, 2023 at the request of staff of the Ontario Securities Commission for the purpose of providing required disclosure that would otherwise be provided in a management information circular and/or annual information form containing the enclosed disclosure within six months of the Company's fi ...

Core Insights - Sintana Energy Inc. provided an update on the Kapana 1-X exploration well, which is part of Petroleum Exploration License 90 (PEL 90) operated by Chevron, indicating that while operations reached total depth 25% ahead of schedule, no commercial hydrocarbons were found [1][2] - Despite the lack of commercial hydrocarbons, the operations yielded valuable geological insights that enhance confidence in future programs on PEL 90 [2][3] - The company emphasizes the strategic importance of its position in Namibia's Orange Basin, highlighting ongoing and future activities on PEL 90 and PEL 83 as key opportunities for growth [3][4] Company Overview - Sintana Energy is engaged in petroleum and natural gas exploration and development across five large, highly prospective exploration licenses in Namibia and Colombia's Magdalena Basin [5]

Public Invited to Monitor Conference Call at 5 p.m. Eastern TimeOAKS, Pa., Jan. 13, 2025 /PRNewswire/ -- SEI® (NASDAQ: SEIC) intends to release earnings for the fourth quarter 2024 on Wednesday, Jan. 29, 2025 after the market closes. The company will hold a conference call to discuss these financial results beginning at 5 p.m. Eastern time.Analysts and investors are invited to join the call by completing the registration form. The public is invited to listen to the call and replay at ir.seic.com/events-pres ...

Core Insights - SEI and Attivo Investments have formed a strategic partnership to enhance investment services for advisers and their clients, utilizing SEI's Co-CIO solution for a personalized investment experience and improved efficiency [1][2][3] - The partnership aims to support Attivo Investments' growth by developing a sophisticated investment approach that aligns with client financial goals [1][2][3] Industry Trends - Discretionary managed portfolio services (MPS) in the U.K. have seen a significant growth of 36% in the 12 months leading up to September 2024, indicating a rising demand for personalized investment solutions [2] - The Co-CIO structure is designed to ensure that investor priorities drive decision-making, integrating strategic vision with operational execution [2][3] Company Strategies - Attivo Investments focuses on goal-based investing, providing tailored portfolios that align with financial planning objectives such as preservation, accumulation, and withdrawal [7][9] - SEI's investment philosophy emphasizes personalization and access, which are essential for meeting investors' financial goals in the current economic environment [3][4] Product Offerings - Attivo's portfolio models include Low Cost, Core, and APEX strategies, each designed to meet different investment needs and goals, from cost-effective solutions to high-net-worth investor strategies [6] - The Low Cost strategy utilizes passive investment building blocks, while the Core strategy employs a manager-of-managers approach to enhance efficiency and reduce tax implications [6] Company Background - SEI manages, advises, or administers approximately $1.6 trillion in assets as of September 30, 2024, providing technology and investment solutions across the financial services industry [5] - Attivo Investments is dedicated to empowering financial planners by offering scalable and efficient investment solutions that are aligned with consumer duty principles [9]

SEI Investments Co. (SEIC) has rolled out depository services for Luxembourg alternative investment funds (AIFs), the second-largest fund center globally, as per the Association of the Luxembourg Fund Industry report published in 2021.Rationale Behind SEIC’s MoveThe demand for alternatives and European private markets has been rising among investors for generating higher returns and diversifying their portfolios. Thus, investment managers of all sizes aim to expand their client base by introducing new sourc ...

Launch Strengthens Comprehensive Global Offering and Operational FootprintOAKS, Pa. and LUXEMBOURG, Jan. 7, 2025 /PRNewswire/ -- SEI® (NASDAQ: SEIC) today announced the launch of depositary services for Luxembourg alternative investment funds (AIFs), the second-largest fund center in the world.1 With depositary assets growing from $17 billion in 2018 to $100 billion in 2024,2 SEI has experienced significant demand for this service and already provides depositary services to more than 430 funds from other fu ...

Solaris Energy Infrastructure (SEI) , formerly Solaris Oilfield, has seen an extraordinary rise in 2024, with its stock price surging nearly 270%, from under $8 to around $28. This meteoric growth far outshines leading energy stocks like ExxonMobil (XOM) , up a modest 9.9%, and Chevron (CVX) , which dipped 0.1%. SEI has become one of the standout performers in the Oil/Energy sector this year, but the question remains—can the stock replicate its remarkable gains in 2025?SEI, XOM, CVX Year-to-Date Stock Perfo ...

TORONTO, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Sintana Energy Inc. (TSX-V: SEI, OTCQB: SEUSF) (“Sintana” or the “Company”) is pleased to announce the entry of QatarEnergy into the Petroleum Exploration License 90 (“PEL 90”) joint venture through its acquisition of a 27.5% working interest in the petroleum exploration license and petroleum agreement associated with Block 2813B operated by Harmattan Energy Limited, an indirect subsidiary of Chevron Corporation (“Chevron Harmattan”). Upon completion of the acquisi ...

SEI Investments Company’s (SEIC) board of directors has announced a semi-annual cash dividend of 49 cents per share, representing an increase of 6.5% from the prior payout. The dividend will be paid out on Jan. 8, 2025, to shareholders on record as of Dec. 27, 2024.Since the announcement of the hike, shares of SEIC lost nearly 1%. Prior to this, the company increased its dividend by 7% to 46 cents per share in December 2023. SEI Investments has raised its semi-annual dividend six times in the last five year ...