Hi-Crush results show demand for frac sand still strong
Published: Tuesday, 04 November 2014
The latest results from Hi-Crush show that frac sand consumption remains robust and the company, as the only one with rail capacity, is well placed to exploit this.
US proppant producers Hi-Crush Partners results showed that
the shale gale sweeping the US has no danger of slowing down as
the company posted revenues and profit double that of the same
time last year, at $102.3m, and $46.6m respectively.
The third quarter was filled with important...