HCLP earnings call for the period ending March 31, 2019.
News & Analysis: Hi-Crush Partners
It has been a tough start of the year for the hydraulic fracking sand supplier.
Hi-Crush is in the middle of a big transition, and the ups and downs we've seen so far in 2019 will probably continue for a little while.
Several factors combined to fuel the frack sand producer last month.
Considering how much doom and gloom has surrounded the oil services industry in the fourth quarter, Hi-Crush's $0.08 per-unit loss doesn't look that bad.
HCLP earnings call for the period ending December 31, 2018.
The company tried to soften the blow by letting investors know that fourth-quarter earnings would be weak, but the market took the stock to town.
There are a lot of changes happening at Hi-Crush right now. Here's the skinny on what matters to investors.
Not even the business' positive momentum has allowed the stock to escape the pessimism in oil markets.
Covia Holdings announced third-quarter 2018 results that made Mr. Market think things aren't so bad after all for this corner of the oil and gas industry.