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Showing posts with label Smart Sand (SND). Show all posts
Showing posts with label Smart Sand (SND). Show all posts

Thursday, March 16, 2017

Smart Sand (SND) reported earnings on Thur 16 March 2017 (b/o)

** charts after earnings **




  




Smart Sand beats by $0.02, misses on revs; sees FY17 capex at about $55 mln :
  • Reports Q4 (Dec) GAAP earnings of $0.40 per share, $0.02 better than the Capital IQ Consensus of $0.38; revenues rose 94.1% year/year to $29.45 mln vs the $29.75 mln Capital IQ Consensus.
  • Overall tons sold were ~274k in the fourth quarter of 2016, compared with ~107,200 tons sold in the fourth quarter of 2015 and 229,700 tons for the third quarter of 2016, increases of 156% and 19%, respectively.
  • The co estimates that capital expenditures will be ~$55 mln in 2017.

Thursday, December 15, 2016

Smart Sand (SND) reported earnings on Thur 15 Dec 2016 (a/h)

** charts after earnings **





Smart Sand beats by $0.03, beats on revs :
  • Reports Q3 (Sep) net of breakeven, excluding non-recurring items, $0.03 better than the Capital IQ Consensus of ($0.03); revenues rose 21.1% year/year to $10.9 mln vs the $9.99 mln Capital IQ Consensus.
    • Adj EBITDA was $4.5 million for the third quarter ended September 30, 2016 compared to Adjusted EBITDA of $3.5 million during same period last year, an increase of 29% on a year-over-year basis and an increase of 173% sequentially compared to second quarter of 2016 Adjusted EBITDA of $1.7 million.
  • "We continue to see signs of recovery in the raw frac sand market as growth in activity in oil and gas drilling and completions continues to improve. We are confident that the scale of our operations, gradation of our sand reserves, and our dual-serve rail capabilities positions us well to be a strong competitor in the frac sand marketplace. We look forward to the future of Smart Sand."

Friday, November 4, 2016

Smart Sand (SND) began trading on Nasdaq on 4 Nov 2016





Description

Smart Sand, Inc. is a producer of Northern White raw frac sand. The Company sells its products primarily to oil and natural gas exploration and production companies, and oilfield service companies. The Company owns and operates a raw frac sand mine and related processing facility near Oakdale, Wisconsin, at which it has approximately 244 million tons of proven recoverable sand reserves and approximately 92 million tons of probable recoverable sand reserves as of December 31, 2015, respectively. Its Oakdale facility is situated on approximately 1,196 contiguous acres, with on-site processing and rail loading facilities. Its integrated Oakdale facility, with on-site rail infrastructure and wet and dry sand processing facilities, is served by two Class I rail lines. In addition to the Oakdale facility, it owns a second property in Jackson County, Wisconsin, which it calls the Hixton site. Its Hixton site consists of approximately 959 acres in Jackson County, Wisconsin.


Address

24 Waterway Ave Ste 350
THE WOODLANDS, TX 77380-3197
United States

Key stats and ratios

Q4 (Dec '16)2016
Net profit margin42.24%17.52%
Operating margin48.29%32.65%
EBITD margin-45.37%
Return on average assets33.59%6.78%
Return on average equity68.95%14.20%
Employees103