Bankruptcy Claims A 14th Major Casualty In Frac Sand… The Biggest Name So Far

Several weeks ago and again on Tuesday, we highlighted a group of oilfield  firms that had yet to report 1Q20 earnings. We warned towards the end of the post that some might announce restructuring along with earnings. On Thursday, several of them did just that. One of them is the fourteenth bankruptcy, restructuring or market exit we track for significant entities in the frac sand and logistics niche over the past eighteen months…

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