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Hi-Crush Reports Higher Production, Sales

Hi-Crush Partners LP reported second quarter 2017 results. Revenues for the second quarter of 2017 totaled $135.2 million on sales of 2,112,516 tons of frac sand. This compares to $83.4 million of revenues on sales of 1,384,887 tons of frac sand in the first quarter of 2017.

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Black Mountain Sand, Diamondback Energy Ink Supply Contract

Black Mountain Sand LLC has entered into a new multi-year supply contract with Diamondback Energy Inc., beginning in early 2018. This agreement will ensure Diamondback’s long-term continuity of frac sand supply through committed capacity of Black Mountain’s two 4 million tpy facilities and 1.5 billion tons of in-basin frac sand reserves.

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CARBO Ceramics’ Revenues Increase 111 Percent

CARBO Ceramics Inc. reported that revenue for the second quarter of 2017 was $43.6 million, an increase of 111 percent year-over-year and 26 percent sequentially. The company is reporting an operating loss of $23.7 million for the quarter compared to revenue of $20.7 million and an operating loss of $30.0 million in the same period of 2016.

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Eagle Materials Proppant Revenues Jump 271 Percent

Eagle Materials Inc. reported financial results for the first quarter of fiscal 2018 ended June 30, 2017. The company is reporting record revenues of $366.1 million, up 23 percent.

Read more: Eagle Materials Proppant Revenues Jump 271 Percent