Sand and Gravel Production Down in First Quarter

The estimated U.S. output of construction sand and gravel produced and shipped for consumption in the first quarter of 2017 was 165 Mt, a decrease of 4 percent compared with that of the same period of 2016. The revised estimated annual output produced for consumption in 2016 was 945 Mt, a slight increase compared with the annual output for 2015.…

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Smart Sand revenues Jump 141 Percent

Smart Sand, Inc. announced results for the first quarter ended March 31, 2017. “Smart Sand had a strong first quarter, substantially increasing our sales volume sequentially and year over year,” stated Charles Young, chief executive officer. “We believe this is evidence that oil and gas industry activity is continuing to improve and demand for frac sand is continuing to increase.…

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NRP Reports Mixed Results for First Quarter

Natural Resource Partners (NRP) reported first quarter 2015 revenues of $109.7 million, resulting in net income per unit of $0.14 compared to $80.3 million in revenues and net income per unit of $0.29 reported for the first quarter 2014. Distributable cash flow was $53.3 million in the first quarter 2015 compared to $38.9 million for 2014. NRP also reported Adjusted…

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Vulcan Reports Aggregate Gains

Vulcan Materials Co. announced results for the first quarter ended March 31, 2015. The company’s first quarter results reflect “strong earnings growth and improvement in its industry-leading unit profitability in aggregates,” it stated in a release. The company is reporting: Total revenues increased $57 million, or 10 percent, to $631 million. Total gross profit increased $44 million, or 128 percent, to…

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