Motley Fool  Oct 31  Comment 
A lack of oil and gas drilling activity has wiped out a large portion of U.S. Silica's profits, but sales in its other segments helped to pick up a little slack.
Benzinga  Sep 20  Comment 
Analysts at RBC Capital Markets downgraded Helmerich & Payne, Inc. (NYSE: HP) and U.S. Silica Holdings Inc (NYSE: SLCA) from Outperform to Sector Perform. Valuation seems to be one of the main drivers behind these demotions. Shares of both...
TheStreet.com  Aug 31  Comment 
NEW YORK (TheStreet) -- Shares of U.S. Silica Holdings Inc.   were up by 1.26% to $20.17 in early afternoon trading on Monday as oil prices rise this afternoon. Crude oil (WTI) was up 5.09% to $47.52 per barrel this afternoon, and Brent...
TheStreet.com  Jul 29  Comment 
NEW YORK (TheStreet) -- Shares of U.S. Silica were gaining 11.6% to $24.20 Wednesday after the silica producer beat analysts' estimates for earnings in the second quarter. U.S. Silica reported earnings of 8 cents a share for the second...
Forbes  Jul 2  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 one noteworthy recent insider buy.
Benzinga  Apr 27  Comment 
Below are the top industrial metals & minerals stocks on the NYSE in terms of return on equity. The trailing-twelve-month return on equity at Hi-Crush Partners LP (NYSE: HCLP) is 78.20 percent. Hi-Crush Partners' PEG ratio is 1.40. The...


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
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki