SeekingAlpha  Oct 22  Comment 
By Gordon Grob: U.S. Silica Holdings Inc. (NYSE:SLCA), domestic producer of commercial silica, has two business segments: the Oil and Gas segment and the Industrial and Specialty Products segment. The Oil and Gas segment is largely dependent on...
Motley Fool  Oct 13  Comment 
Frac sand providers have, up until recently, had an amazing couple of years. However, recently share prices of these companies have fallen off a cliff. This article examines whether or not this is a buying opportunity as well as risk factors for...
SeekingAlpha  Oct 3  Comment 
By Chris Bunge: I would like to bring investors' attention to U.S. Silica (NYSE:SLCA). U.S. Silica has seen tremendous growth since the beginning of 2014 as they have been able to capitalize on the increased demand for frac sand driven by the...
Benzinga  Sep 29  Comment 
In a report published Monday, Miller Tabak analyst Sonny Randhawa initiated coverage on U.S. Silica Holdings Inc (NYSE: SLCA) with a Buy rating and $82.00 price target. In the report, Miller Tabak noted, “We are initiating coverage of SLCA...
Motley Fool  Sep 25  Comment 
Frack sand suppliers have been on a tear this year. This article examines three reasons that U.S. Silica, soon to become the largest supplier in America, could still be a great buy, even at today's prices.
Reuters  Sep 19  Comment 
Sand miner U.S. Silica Holdings Inc said demand could triple over the next five years as energy companies use increasing amounts of sand in hydraulic fracturing to extract more oil and gas from shale fields.
Benzinga  Sep 11  Comment 
In a report published Thursday, Bank of America analyst Vaibhav Vaishnav reiterated a Buy rating on U.S. Silica Holdings Inc (NYSE: SLCA), and raised the price target from $70.00 to $83.00. In the report, Bank of America noted, “We came away...
SeekingAlpha  Sep 10  Comment 
By Alex Pitti: U.S. Silica (NYSE:SLCA) has actually made two announcements this week. I am going to report on these announcements and then reiterate my buy recommendation on the stock in this update article. As you can see from the bullet point...
StreetInsider.com  Sep 10  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/U.S.+Silica+%28SLCA%29+Gains+After+Increasing+Adjusted+EBITDA+Guidance/9821153.html for the full story.
OilVoice  Sep 10  Comment 
U.S. Silica Holdings Inc. NYSE SLCA announce plans to add approximately 3.8 million tons of new capacity in response to the surging demand for northern white frac sand. The Company is planning


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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