Hi-Crush Partners Increases Sales Volumes
Published: Friday, 06 November 2015 11:47
Hi-Crush Partners LP reported third quarter 2015 results. The limited partners' interest in adjusted net income, adjusted to exclude the impact of one-time expenses, was $5.6 million and the basic and diluted adjusted earnings were $0.15 per limited partner unit. The basic and diluted loss per unit during the quarter was negatively impacted by $23.7 million of one-time expenses associated with the write-down of assets acquired from D&I Silica, LLC in June 2013, as well as the costs associated with reducing headcount.
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Reservoir Silicates Key Player in LNG Acquisition
Published: Thursday, 22 October 2015 17:01
Universal LNG Holdings, Inc. announced it is acquiring HEYCO LNG's 64-acre facility in Yoakum, Texas, to build the first Liquified Natural Gas (LNG) facility dedicated to the energy sector in the Southern Gulf Coast. The acquisition could provide a much-needed boost to a domestic energy industry struggling under high production costs, according to the company.
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