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Frac sand companies report rising revenues as prices soar

By William Clarke
Published: Thursday, 14 December 2017

A sharp rise in frac sand prices boosted margins at Emerge Energy Services and Hi-Crush in the third quarter of 2017.

Frac sand miners Emerge Energy Services and Hi-Crush Partners reported soaring profits in July-September 2017, as prices for the proppant rallied.

Emerge Energy Services reported that total volumes sold were up by 6.3% quarter-on-quarter, to 1.5 million short tons, compared with just 493,000 tons in July-September 2016.

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