SCHEDULE 13G/A: Yorktown Energy Partners X Discloses 16.05% Stake in Solaris Oilfield Infrastructure
Beneficial Ownership Report
Yorktown Energy Partners X, along with its affiliates, has reported a beneficial ownership of 16.05% in Solaris Oilfield Infrastructure, Inc., holding over 7 million shares as of December 31, 2024.
Summary
- Yorktown Energy Partners X, L.P., Yorktown X Company LP, and Yorktown X Associates LLC (collectively, the "Reporting Persons") have filed an Amendment No. 3 to Schedule 13G.
- The filing reports their beneficial ownership in Solaris Oilfield Infrastructure, Inc. (the "Issuer").
- As of December 31, 2024, the Reporting Persons beneficially own an aggregate of 7,079,234 shares of Class A common stock.
- This ownership represents 16.05% of the Class A common stock outstanding.
- The beneficial ownership is derived from 7,079,234 shares of Class B common stock and an equal number of Solaris LLC Units, which are exchangeable for Class A Common Stock on a one-for-one basis.
- The percentage calculation is based on 37,010,359 shares of Class A Common Stock reported outstanding as of December 11, 2024, plus the 7,079,234 exchangeable shares.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently convey positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
This filing reflects a significant passive investment by a private equity firm specializing in energy, Yorktown Energy Partners X, in an oilfield infrastructure company, Solaris Oilfield Infrastructure, Inc. Such investments are common in the energy sector, where specialized funds seek to capitalize on industry trends and operational efficiencies.
Stakeholder Impact
- The disclosure of a 16.05% beneficial ownership stake by Yorktown Energy Partners X indicates a significant institutional investor presence, which could be viewed positively by other shareholders as a sign of confidence.
- This substantial stake may also imply potential influence over corporate governance or strategic decisions, although the filing itself is a passive disclosure.
Key Dates
| Date | Description |
|---|---|
| 2024-12-11 | Date as of which 37,010,359 shares of Class A Common Stock were reported outstanding in the Issuer's Prospectus. |
| 2024-12-12 | Date the Issuer's Prospectus was filed with the Securities and Exchange Commission. |
| 2024-12-31 | Date of event which requires filing of this statement, indicating the reporting period end for beneficial ownership. |
| 2025-02-14 | Date the Schedule 13G Amendment No. 3 was signed by the Reporting Persons. |
Keywords
Solaris Oilfield Infrastructure, Yorktown Energy Partners X, Schedule 13G, Beneficial Ownership, SEC Filing, Class A Common Stock, Oilfield Services, Investment Fund
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