Frac sand companies report rising revenues as prices soar
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.