Carbo reports Q4 net loss as proppant sales more than halve

By Kasia Patel
Published: Friday, 29 January 2016

Carbo saw both revenue and sales decline, resulting in a $50m net loss for the fourth quarter of last year. The company is focusing on developing efficiency-enhancing technologies as new technology revenue tripled in 2015, driven by E&P firms trying to cut costs.

North American proppants supplier Carbo Ceramics has reported a GAAP net loss of $50m for the fourth quarter of 2015, compared with net income of $400,000 the previous year, as...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.