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Eagle Materials Proppant Revenue Up 147 Percent

Eagle Materials Inc. reported record revenue of $1.4 billion, up 14 percent for fiscal year 2018; and record revenue of $284.7 million, up 2 percent for its fiscal fourth quarter ended March 31, 2018.

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Preferred Proppants Begins Building Oklahoma Frac Sand Plant

Preferred Proppants LLC announced that construction is underway on an in-basin frac sand mine and facility in Oakwood, Okla. The mine is expected to come online in the third quarter of 2018 and the company is currently looking to fill approximately 100 positions including electricians, maintenance technicians, heavy equipment operators, loaders, utility hands, plant operators, loadout operators and more.

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Emerge Energy Sells a Record 1.5 million Tons in First Quarter

Emerge Energy Services LP said first-quarter total volumes sold increased 7 percent sequentially to a record 1.503 million tons in the first quarter; and net income of $1.5 million and diluted earnings per unit of $0.05 for the first quarter, compared to a net loss of $11.4 million, or $(0.38) per diluted unit for the three months ended March 31, 2017.

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Rail Congestion a First-Quarter Obstacle for Hi-Crush

Hi-Crush Partners LP reported revenues for the first quarter of 2018 totaled $218.1 million on sales of 2,617,627 tons of frac sand. This compares to $216.5 million of revenues on sales of 2,985,115 tons of frac sand in the fourth quarter of 2017.

Read more: Rail Congestion a First-Quarter Obstacle for Hi-Crush