US Silica Q3 revenues fall on lower sales price
Published: Wednesday, 24 October 2018
Falling spot prices for frac sand have affected US Silica's sales revenues in the third quarter of 2018.
US Silica reported falling revenues for
the three months to the end of September while spot prices for
frac sand fell sharply and the fracking sector faced,
Revenues from its oil and gas segment of $302.5 million in
the third quarter were down 7% from the previous quarter