SeekingAlpha  Aug 18  Comment 
By Ken McGaha: The shale drilling production technique known as hydraulic fracturing, or fracking, has altered the landscape of the global energy industry in general and U.S. energy industry in particular. The process involves injecting liquids...
SeekingAlpha  Aug 1  Comment 
By Zacks Investment Research: Fracking is big business in the U.S., and it is the chief reason for the surge in oil and gas production over the past few years. This production boost has put a huge focus on a number of oil and gas exploration...
SeekingAlpha  Jul 30  Comment 
U.S. Silica Holdings (NYSE:SLCA) Q2 2014 Earnings Call July 30, 2014 9:00 am ET Executives Michael K. Lawson - Director of Investor Relations & Corporate Communications Bryan A. Shinn - Chief Executive Officer, President, Director...
StreetInsider.com  Jul 17  Comment 
* Chart Acquisition (Nasdaq: CACG) announced that it signed definitive agreements to complete a business combination transaction with Tempus Intermediate Holdings, LLC ("Tempus Jets", "Tempus" or the "company"). HIGHLIGHTS Diversified...
StreetInsider.com  Jul 16  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/US+Silica+Holdings+%28SLCA%29+to+Buy+Cadre+Services+for+%2498M/9666648.html for the full story.
TheStreet.com  Jun 30  Comment 
NEW YORK (TheStreet) -- Shares of U.S. Silica Holdings, Inc.  are up slightly, 0.25% to $55.58, in after-hours trading on Monday as it announced it received approval from Fairchild, WI to begin development of a new, three million ton-per-year...
StreetInsider.com  Jun 30  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/US+Silica+Holdings+%28SLCA%29+Says+Mine+Near+Fairchild+Approved+for+Development/9625083.html for the full story.
Motley Fool  Jun 24  Comment 
Shale drilling is taking off, and with it the demand for proppant. Find out what it is and how it could make you rich.
Forbes  May 30  Comment 
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money.  So let's look at two noteworthy recent insider buys.
StreetInsider.com  May 12  Comment 
52-Week High: Electronic Arts Inc. (Nasdaq: EA) $36.50. EA getting a little extra boost today as Needham & Company boosted its EPS estimates on the company, while also raising its price target from $33 to $40. For more color on the call, click...


U.S Silica (NYSE:SLCA) produces and sells silica for commercials uses. The company makes money by selling its end product to oil and gas, glass making, chemical, solar panel, and other industries. However, US Silica's largest customers are oil and gas companies which use the silica in hyrdofracking. US Silica mines and distributes its products within the United States.[1]

Business Overview

For the first nine months of 2011, US Silica reported a total sales of $212M. This compares to $20.2M in net income. For comparison, the same period in 2010 resulted in $185M in sales and $7.6M in net income.[2]

New Updates

The company's initial public offering of stock on the NYSE occurred on January 31, 2012. The company offered 11.8M shares each for $17. This was within the $16-$18 initial price range. The deal raised a total of $200M. The lead mangers of the deal were Morgan Stanley (MS), BofA, and Jefferies Group (JEF).[3]

Trends & Forces

Reliance on Oil & Gas

US Silica's largest end market is the oil and gas industry which uses the silica as "frac sand." This sand is injected with water under high pressure in order to generate fractures in the rock. These fractures improve the well's oil or gas output.[4] However, this practice, known as hyrdofracking, has undergone scrutiny both by the public and by regulatory officials. The fear is that such practices can contaminate the water streams. If this practice is regulated, US Silica's largest market will likely decrease its demand for silica.[5]

  1. SLCA S-1/A 2012 PROSPECTUS SUMMARY "Our Company" pg. 1-2
  2. SLCA S-1/A 2012 PROSPECTUS SUMMARY "Summary Historical Combined Financial and Operating Data" pg. 11-12
  3. Renaissance Capital - IPO Home "U.S. Silica prices IPO at $17 midpoint" 1 Feb 2012
  4. SLCA S-1/A 2012 PROSPECTUS SUMMARY "Risk Factors" pg. 15-18
  5. New York Times "Extracting Natural Gas from Rock" 26 Feb 2011
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