According to a report on Reuters, oil and gas tycoon Bud Brigham is exploring an initial public offering (IPO) of Atlas Sand, in what would be the first U.S. listing of an oilfield services company since 2018.
Read MoreMonth: April 2022
Select Sands Ups Its Sand Sales
Select Sands Corp. announced operational and financial results for fourth quarter and full year 2021. The company:
Read MoreU.S. Silica States 2022 Will Be a Strong Year
U.S. Silica Holdings Inc. announced a net loss of $8.4 million, or $0.11 per diluted share, for the first quarter ended March 31. The first quarter results were negatively impacted by $9.4 million pre-tax, or $0.09 per diluted share after-tax, of charges primarily related to a supplier contract termination and merger and acquisition related expense, resulting in an adjusted loss…
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• Brent crude futures dipped 4 cents at press time to $107.55 a barrel after rising 2.1% in the previous session. U.S. West Texas Intermediate crude dropped 49 cents, or 0.5% to $104.87 a barrel.
Read MoreThe Aggregates Atlas is Live!
Rock Products’ Aggregates Atlas “maps issue” has served the industry for more than 20 years, but an entirely new digital Aggregates Atlas has been launched to provide the aggregates industry with an easier-to-use design and even more useful information. Powered by Burgex Inc.’s Mineralocity platform, the new Rock Products Aggregates Atlas is one more way that we work to serve the industry’s needs.
Read MoreConveyor Components Company Brush Style Conveyor Belt Cleaner
Conveyor Components Company announced the addition of a smaller version of its popular brush style conveyor belt cleaner. The drive assembly and belt guard assembly are reduced in size from the standard heavy-duty version known as the Model BR.
Read MoreCEMEX U.S. Business Jumps 18%
CEMEX, S.A.B. de C.V. announced strong results for the first quarter of 2022, with consolidated Net Sales and EBITDA growing 13% and 3%, respectively, on a year-over-year basis, despite a challenging cost environment. The growth was led by a 12% increase in cement prices in like-to-like terms, 8% in ready-mix, and 7% in aggregates, with all regions contributing to pricing…
Read MoreCaterpillar Achieves Positive First Quarter
Caterpillar Inc. announced first-quarter 2022 sales and revenues of $13.6 billion, a 14% increase compared with $11.9 billion in the first quarter of 2021. The increase was primarily due to higher sales volume, driven by higher end-user demand for equipment and services and the impact from changes in dealer inventories, as well as favorable price realization. Dealers increased inventories more…
Read MoreArcosa Construction Products Division Performs Well
Arcosa Inc. announced results for the first quarter ended March 31. The company is reporting: Revenues of $535.8 million, up 22%. Net income of $20.2 million and Adjusted Net Income of $20.9 million. Diluted EPS of $0.41, up 28%, and Adjusted Diluted EPS of $0.42, up 20%. Adjusted EBITDA of $73.4 million, up 30%. Operating cash flow of $24.5 million…
Read MoreRokbak Announces New North American Dealer
As part of Rokbak‘s expansion in key territories and markets, the Scottish articulated hauler manufacturer announced the appointment of a new North American dealer, ProSource Machinery.
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