This Week’s Market Buzz

  • Smart Sand Inc. announced that it has received notification from the Nasdaq Stock Market that the company has regained compliance for continued listing. Charles Young, Smart Sand’s chief executive officer, stated, “We are pleased to have regained compliance with the Nasdaq continued listing rules. We remain focused on providing the highest quality products and services to our customers throughout the country.”

  •  Pronghorn announced that in a 24-hour period spanning June 14-15, the company supplied 11.6 million lb. of proppant to a wellsite in the Powder River Basin without incurring non-productive time. The company claims that could be a record. North Dakota’s oil producers posted a historically ugly month in April, with production dropping 15% as COVID-19 hammered the U.S. economy and global demand for fuel.
  • North Dakota’s oil producers posted a historically ugly month in April, with production dropping 15% as COVID-19 hammered the U.S. economy and global demand for fuel.

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