Frac sand companies report slumping sales

By William Clarke
Published: Friday, 07 August 2020

Smart Sand on August 4 reported revenues of $26.1 million for the second quarter of 2020, compared with $67.9 million in the second quarter of 2019.

Frac sand sales volumes were just 208,000 in the second quarter of 2020, compared with 741,000 tons in the second quarter of 2019.

Smart Sand reported a net profit of $4.6 million, compared with $14.3 million in the second quarter of 2019.

"In the second quarter, the...

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.