We have lowered our fair value estimates for the frac sand companies we cover to reflect recent industry developments, most notably deteriorating pricing in the face of continued low-cost sand ...
This file photo shows a sand train near New Auburn. The frac sand industry has experienced a significant slowdown during the past year. An industry trade magazine will host a two-day conference next ...
Frac sand mining may no longer be booming, but it hasn’t become a bust. Oil prices have dropped more 50 percent since last year at this time, and have an unstable short-term future. That’s slowed ...
Frac sand producers such as U.S. Silica, Hi-Crush Partners, and Emerge Energy Services, experienced incredible growth in 2014, reporting record growth in sales and earnings. However, with oil prices ...
As crude oil prices were dropping earlier this year, frac sand companies in Wisconsin maintained the glut of oil on the market would have little impact on their business. But the jobs cuts are already ...
In a clash of old and new industries, Wisconsin frac sand producers say their business is threatened by a handful of railroads operating under outdated regulations. Wisconsin produces about a third of ...
(Bloomberg) -- Bumping along the desolate highways of the Permian Basin, the world’s busiest oil field, there are long stretches where all you see are drilling rigs, sage brush and miles upon miles of ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Six-year-low crude oil prices have decimated new drilling ...