KATY, Texas, April 24, 2020 /PRNewswire/ — U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced temporary pay reductions for its top executives and board in response to the COVID-19 pandemic and expected lower oilfield well …
Citing rising demand and production costs, Katy frac sand company U.S. Silica is raising the price of its non-frac sand products.
In a Tuesday morning statement, U.S. Silicia that it is raising prices for most of its products …
Source: Reuters
The companies that provide sand for hydraulic fracturing operations are the latest casualties of shale industry cutbacks as low oil prices and demands for higher investor returns stunt drilling activity.
Two years ago, U.S. sand companies were racing …
Source: Reuters
(Reuters) – U.S. Silica Holdings shares plunged 33% after the frac sand miner said it expects demand to slow in the fourth quarter and reported a bigger-than-expected quarterly loss on Tuesday, weighed down by lower prices.
Prices for …
