Frac sand companies report rising revenues as prices soar
Published: Thursday, 02 November 2017
A sharp rise in frac sand prices boosted margins at Emerge Energy Services and Hi-Crush in Q3.
Frac sand miners Emerge Energy Services
and Hi-Crush Partners reported soaring profits in Q3
2017, as prices for the proppant rally.
Emerge Energy Services reported total
volumes sold up 6.3% sequentially, to 1.5 million short tons in
the third quarter, compared to just 493,000 tons over the same