U.S. Silica Looks Forward; Buys Reserves

U.S. Silica Holdings Inc. announced a net loss of $10.7 million or $(0.20) per basic share for the first quarter ended March 31, 2016, compared with net income of $14.8 million or $0.28 per basic share for the first quarter of 2015. The first quarter results were negatively impacted by $2.2 million in restructuring costs for actions designed to help…

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This Week’s Market Buzz

Smart Sand Partners (SSLP) is hoping to follow in the footsteps of Hi-Crush Partners and Minnesota Pollution Control Agency (MPCA), with a record-breaking IPO. Like the previous two fracking sand MLPs, SSLP produces Northern White frac sand from sand mines and a processing facility in Wisconsin. Its integrated facility has on-site rail infrastructure and wet and dry sand processing facilities,…

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Natural Resource Partners Benefits from Aggregates Acquisition

Oil and gas, coal, aggregates and industrial-minerals producer Natural Resource Partners L.P. (NRP) reported revenues of $91.6 million for the third quarter of 2014 compared to $82.2 million for the third quarter of 2013, and distributable cash flow, a non-GAAP measure, of $57.8 million compared to $104.6 million for the third quarter of 2013.

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