US Silica’s 2Q17 conference call ushered in earnings season for Big Sand Tuesday morning, and the call certainly brought the fireworks. Here are the key points US Silica made Tuesday that we found most interesting, accompanied by our take: There’s a lot more to this story… Login to see the …
Read More »Fairmount Santrol Announces New Texas Sand Plant, Confirming Previous Infill Thinking Reports
An infill Thinking prediction was confirmed this morning as the Permian Basin sand rush continues to heat up… There’s a lot more to this story… Login to see the full update… To read this update and receive our research newsletters, you must be a member. If you are new to …
Read More »Biggest Losers From Eagle Ford Sand Mining According To Emerge & Other Key Takeaways From Their Analyst Day
Emerge Energy Services has been in the news quite a bit recently after hosting their earnings call earlier this month and making an Eagle Ford mine acquisition a few weeks before that. After all their recent disclosures, there wasn’t a whole lot of “new news” made at their analyst day last …
Read More »Here’s What US Silica Has To Say About All The Permian Local Sand “Hoopla”
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 …
Read More »Yeah Science! Core Lab Talks Micro Proppant, Says Three Of The Four Trends Shaping Tomorrow’s Oilfield Involve Frac Sand
If you ever want to nerd-out, visit Core Lab’s Houston facility. After a tour, you’ll understand why “lab” is part of their name. This is the highest-IQ company in oilfield service. They are also closer to operators’ rock than any other service firm. Core Lab is not a pressure pumping …
Read More »Spring Fever: Wall Street Analysts Have Increased Their Frac Sand Demand Projections 30% In 30 Days
In this update, we provide a round up of Wall Street frac sand demand projections for 2017 and 2018 and discuss how the forecasts have evolved dramatically over the past 4-6 weeks. We also discuss whether the leading edge estimates are even possible for the industry to deliver on. There’s …
Read More »Knock-On Effects Of Rising Sand/Well – Oilfield Iron Abrasion
The conversation about frac sand this year has largely revolved around access to it. Topics of debate have fallen into three buckets: i) inflation, ii) logistics, and iii) whether the mines will be able to meet (or overshoot) the rising call on supply. But skyrocketing sand pumped per well has an …
Read More »Wrapping Up An Ugly Earnings Season For Sand, Fairmount Santrol Breaks From Consensus On Three Key Points
This earnings season has been rough on the sand stocks. The sell-off appears to be the classic case of a crowded trade. Sand stocks we monitor had increased 433% from the bottom about this time last year. In the past three weeks (as they reported 4Q16 earnings), they’ve fallen 30%. Big Oil …
Read More »A Massive Paradigm Shift In Frac Sand’s Last Mile Is Happening Now
Retail giant Amazon and the hydraulic fracturing business have something in common: costly and complex last mile logistics. Distributing proppant requires just as much sophistication as distributing Echo Dots, Yeti Tumblers, and Kleenex. In 2017, more truckloads of sand per well will be pumped than ever before. The frac industry is trying …
Read More »Halliburton Picks A Partner For The Last Mile Dance
Six weeks ago, we identified last mile logistics for frac sand as a potential choke point in the 2017 recovery. Frac sand’s last mile is a tedious dance between operators, trains, trucks, pumps and thousands of tons of sand. Halliburton validated our concerns on Monday evening. There’s a lot more to this …
Read More »