Tag Archives: pricing

After Hi-Crush’s news last week of a major contract win (pun intended) at a surprisingly strong price, we dug much deeper into the latest Permian Basin frac sand pricing trends this week. Please login to see this deep dive on Permian Basin frac sand price trends. There’s a lot more …

This week, we worked our channels to check on the latest pricing for in-basin frac sand. Our last price check was during our February trip to the Permian, and earnings season is now just a couple weeks out. So it seems like a good time for a pricing update. Log …

Halliburton hosted what we saw as a generally positive and realistic conference call Monday morning. The stock took a hit, we believe due to slowing NAM cyclical growth overall not because of HAL-specific concerns. The US rig count is pulling back as expected. In that context, Halliburton is focused on …

US Silica hosted a positive call to kick off 1Q17 earnings season for the frac sand industry this morning. The outlook provided was bullish for both demand and pricing. The company’s commentary on the emerging Permian local sands market both validated our own thesis and introduced cautionary notes into the …

Just a few months ago, US land rig management teams were still touting their long-term contracts as an asset. Highlighting backlog and term duration is a defensive posture contractors assume when operators have pricing power. Rig count can rise. Dayrates can trough. But until management teams start talking about spot …

In Vail Colorado last week, Credit Suisse hosted most of the publicly traded upstream industry for the firm’s annual energy summit. Between runs down the slopes, oilfield C-suites talked 2017 prospects with their investors. While service companies were in the next room over talking excitedly about raising prices, E&P management teams …

Oilfield service pricing moving higher cyclically is a good thing for all our readers (including operators, for current pricing is unsustainable and will destroy capacity in the long run). That said, we stand at a tricky juncture in the cycle for oilfield service company decision makers trying to reset their …

This morning, Schlumberger management hosted a conference call with analysts to discuss 4Q16 results and the 2017 outlook. The company kicked off oilfield service earnings season on a positive note. Following nine consecutive quarters of relentless workforce reductions, cost cutting, and restructuring efforts, Schlumberger is restoring focus on the pursuit …

Permian acreage values are changing rapidly, frustrating those who want in and providing a windfall to incumbent operators. What some are calling an acreage valuation bubble in the Permian may be just the tip of an inflation iceberg in the play. A tsunami of capital targeting deals in the region …