Select Sands Corp. announced operational and financial results for the fourth quarter of 2018 and full-year 2018.
Read MoreDay: May 2, 2019
U.S. Silica Holdings Has Mixed First Quarter
U.S. Silica Holdings Inc. announced a net loss of $19.3 million, or $(0.26) per basic and diluted share, for the first quarter ended March 31, 2019, compared with net income of $31.3 million, or $0.39 per basic and diluted share, for the first quarter of 2018.
Read MoreCarbo Revenues Down in First Quarter
CARBO Ceramics Inc. reported financial results for the first quarter of 2019. Including:
Read MoreWisconsin DNR Declines to Reinstate Meteor Wetlands Permit
Officials with the state Department of Natural Resources (DNR) will not overturn an administrative law judge’s decision to invalidate a permit to fill 16 acres of high-quality wetland to make way for a proposed frac sand facility in Monroe County, Wis., according to Wisconsin Public Radio. Instead, the agency said the decision would be handled best by the circuit court…
Read MoreThis Week’s Market Buzz
• Oil prices dropped at press time, even though the Trump administration officially ended waivers that had been granted to some nations allowing them to continue importing oil from Iran. WTI crude oil prices fell by nearly 3.8% to $61.19 per barrel, while Brent Crude dropped to $69.95 per barrel.
Read MoreVulcan Looking Good
May 2, 2019 – Vulcan Materials released its first quarter report, with aggregates segment gross profit up 25% to $186 million. According to the company, price growth was positive across all markets served by the company. For the quarter, freight-adjusted average sales price for aggregates increased 5.4% versus the prior-year’s quarter. Excluding mix impact, aggregates prices increased 5.8% compared to the prior-year first quarter.…
Read MoreVulcan’s Aggregates Shipments Up 13% for Quarter
Vulcan Materials Co. announced results for the quarter ended March 31. Total revenues were $996.5 million, compared to $854.5 million in the first quarter of 2018. Net earnings were $63 million and Adjusted EBITDA was $193 million in the first quarter. The 15% growth in Adjusted EBITDA was driven by strong aggregates shipments, up 13% year-over-year, and a 5.4% increase in aggregates…
Read MoreMDU Resources Materials Group Takes First-Quarter Loss
MDU Resources Group Inc. reported first quarter earnings of $40.9 million, or 21 cents per share, compared to first quarter 2018 earnings of $42.4 million, or 22 cents per share.
Read MoreVulcan Names New Division Presidents
Jerry F. Perkins Jr. Vulcan Materials Co. named new division presidents for its Southern and Gulf Coast Division, headquartered in Birmingham, Ala.; and its Central Division, headquartered in Nashville, Tenn. Jerry F. Perkins Jr., general counsel and corporate secretary has been named to the position of president, Southern and Gulf Coast Division, effective May 1. In his new role, Perkins will have…
Read MoreChaney Enterprises Opens New Virginia Concrete Plant
Chaney Enterprises, a ready-mixed concrete, aggregates, custom blends, and related construction supplies provider, announced the opening of its Lorton concrete plant in Virginia.
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