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...
TheStreet.com  Sep 10  Comment 
NEW YORK (TheStreet) --aU.S. Silica was gaining 6.1% to $68.42 Wednesday after increasing its EBITDA estimates for full year 2014. The silica sand supplier now expects EBITDA of $230 million to $240 million for 2014, up from its previous...
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
StreetInsider.com  Sep 9  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/U.S.+Silica+%28SLCA%29+Plans+Addition+of+3.8MT+of+Capacity/9818905.html for the full story.
Forbes  Sep 9  Comment 
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares S&P Small-Cap 600 Growth ETF (AMEX: IJT) where we have detected an approximate $29.6 million dollar outflow...
Forbes  Sep 9  Comment 
Looking at the universe of stocks we cover at Dividend Channel, on 9/11/14, Worthington Industries, Inc. (NYSE: WOR), US Silica Holdings, Inc. (NYSE: SLCA), and Albemarle Corp. (NYSE: ALB) will all trade ex-dividend for their respective upcoming...
Motley Fool  Sep 7  Comment 
US Silica has been on a tear this year as the frac sand supplier has faced surging demand due to the shale boom. But is it still a good time for investors to buy?


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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