U.S. Silica Holdings Inc announced its third quarter results for the period ended Sept. 30, reporting that net income for the third quarter was $26.9 million, or $0.34 per diluted share. The third quarter results were impacted by $3.8 million pre-tax, or $0.04 per diluted share after-tax, of charges primarily related to a non-recurring adjustment to depreciation and the loss on extinguishment…
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U.S. Silica Expands Board of Directors, Appoints Simon Bates
U.S. Silica Holdings Inc. has appointed Simon Bates to its board of directors effective July 3. The election of Bates increases the size of the company’s board to seven members. Bates will also serve as an independent member of the Compensation and Nominating & Governance committees of the board.
Read MoreU.S. Silica Releases Sustainability Report
U.S. Silica released its Sustainability Report, summarizing the company’s global sustainability activities, performance and results from calendar year 2021. The revised report includes enhanced disclosures for Environmental, Governance, and Social categories in alignment with the Sustainability Accounting Standards Board (SASB) recommended disclosure topics for the Metals & Mining and Construction Materials industry standards.
Read MoreU.S. Silica to Raise Prices
U.S. Silica Holdings Inc. announced that its Industrial and Specialty Products business will increase prices for most of its non-contracted silica sand, diatomaceous earth and clay products used primarily in glass, foundry, paints, coatings, elastomers, roofing, chemicals, recreation, building products, agricultural, pet litter and other applications.
Read MoreU.S. Silica Releases 2020 Corporate Responsibility Report
U.S. Silica Holdings Inc. released its Corporate Responsibility Report, summarizing the company’s global sustainability activities, performance and results from calendar year 2020. The report provides a look at how U.S. Silica is operating to make positive impacts both in its internal community and on the communities in which it operates, and contributing to sustainable products used around the world.
Read MoreU.S. Silica Sand Sales Up 15%
U.S. Silica Holdings Inc. announced third quarter 2020 results, including revenue of $176.5 million compared with $172.5 million in the second quarter of 2020, up 2% sequentially and down 51% from the third quarter of 2019.
Read MoreU.S. Silica Loses $32.4 Million in Second Quarter
U.S. Silica Holdings Inc. announced second quarter 2020 results, including a net loss of $32.4 million, or $(0.44) per basic and diluted share. The second quarter results were negatively impacted by $33.4 million, or $0.35 per share, of charges related to asset impairments, plant startup and expansion, facility closure costs, and other adjustments, resulting in adjusted EPS for the second…
Read MoreU.S. Silica Holdings Announces Cost Reductions
U.S. Silica Holdings Inc. announced annualized SG&A cost reductions of approximately $20 million in response to the recent drop in oil prices and the expected decline in drilling and completion activity in North American shale over the coming quarters.
Read MoreU.S. Silica Reports Fourth Quarter Loss
U.S. Silica Holdings Inc. reported a net loss of $292.9 million, or $3.99 per basic and diluted share, for the fourth quarter ended Dec. 31, 2019, compared with a net loss of $256.1 million, or $3.44 per basic and diluted share, for the fourth quarter of 2018.
Read MoreU.S. Silica Cuts Workforce, Raises Prices
U.S. Silica Holdings, Inc. has cut 230 employees as it grapples with the current challenges in its energy markets.
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