Best Friends Animal Society is the new owner of roughly 1,600 acres of former state trust lands outside of Kanab, Utah, according to KUER.
Read MoreMonth: April 2020
Select Sands Reports Full-Year 2019 Results
Select Sands Corp. on April 28 announced operational and financial results for the fourth quarter and full year 2019. The company sold 10,017 tons of frac and industrial sand during the fourth quarter of 2019, compared to 39,669 tons in the third quarter of 2019. For the full year 2019, the company sold 119,736 tons of frac and industrial sand.…
Read MoreSource Reports First Quarter 2020 Results
Source Energy Services Ltd. reported first-quarter volumes of 762,322 million metric tons (Mt) and revenue between CAD$93 million and CAD$98 million for the quarter.
Read MoreThree Wisconsin Plants Close; More Than 150 Layoffs
At least three frac sand mining plants have laid off workers in Wisconsin after a crash in oil and gas prices amid sharply reduced demand brought on by the COVID-19 pandemic, according to the Milwaukee Journal-Sentinel.
Read MoreThis Week’s Market Buzz
• Following an unprecedented global crash, oil prices climbed at press time on signs that the global economy is moving towards a slow reopening, and inventory data shows storage demand for the commodity rising slower than expected. West Texas Intermediate crude climbed as much as 20%, to $18 per barrel. Meanwhile, international benchmark Brent crude rose 14%, to $25.75 per…
Read MoreLafargeHolcim Achieves Resilient First-Quarter Results Amid COVID-19
LafargeHolcim had a strong start to the year as its first-quarter performance remained well ahead of last year’s results until mid-March, when the impact of COVID-19 spread beyond China into all business regions, the company reported. Nevertheless, first-quarter results remained resilient with net sales down 3.3% and Recurring EBIT down 2.6% compared to the prior-year period, both on a like-for-like basis.
Read MoreWyoming Aggregates Producer Adopts Drone-Based Aerial Intelligence Platform
McMurry Ready Mix, one of Wyoming’s largest aggregates and ready mix producers and crushing operations, is using the Kespry platform for inventory management, mine mapping and auditing. McMurry Ready Mix has facilities across Wyoming, including one of the state’s biggest fleets of construction equipment and trucks, serving the needs of major private sector and governmental contracts.
Read MoreSummit Evaluates Direction Forward
April 29, 2020 – While COVID-19 is not having a major impact – yet – on current business conditions, companies are certainly putting future plans on hold and evaluating expansion opportunities. Summit Materials in its first-quarter report noted, “Summit is withdrawing its previously announced 2020 Adjusted EBITDA guidance until the company has better visibility into the extent of economic disruption related…
Read MoreArcosa Rides Cherry Acquisition to Strong First Quarter
Arcosa Inc. reported that revenues increased 19% to $488.2 million in the first quarter of 2020. In its report, the company noted its response to COVID-19:
Read MoreSummit Materials’ Aggregates Volumes Increase in First Quarter
Summit Materials Inc. reported that net revenue increased by 11.9% to $342.4 million in the first quarter 2020, versus $306.0 million in the prior-year period. The improvement in net revenue was primarily attributable to organic volume and price growth in ready-mix concrete and aggregates.
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