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U.S. Silica Revenues Down in Third Quarter

U.S. Silica Holdings Inc. announced net income of $2.4 million or $0.05 per basic share and $0.04 per diluted share for the third quarter ended Sept. 30, 2015, compared with net income of $41.3 million or $0.77 per basic share and $0.76 per diluted share for the third quarter of 2014.

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New Frac Sand Operation Opens in Texas

Permian Frac Sand has opened a location three miles east of Voca, Texas, on State Highway 71. Operations at the new state-of-the-art facility have just begun, according to the Midland Reporter Telegram.

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Hi-Crush Partners Increases Sales Volumes

Hi-Crush Partners LP reported third quarter 2015 results. The limited partners' interest in adjusted net income, adjusted to exclude the impact of one-time expenses, was $5.6 million and the basic and diluted adjusted earnings were $0.15 per limited partner unit. The basic and diluted loss per unit during the quarter was negatively impacted by $23.7 million of one-time expenses associated with the write-down of assets acquired from D&I Silica, LLC in June 2013, as well as the costs associated with reducing headcount.

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