Comments From Tudor Pickering Holt’s Energy Thoughts Newsletter Of December 13, 2018

Fairmount Santrol / Unimin merger yields beefy FMSA upside (part 1) – transaction creates at least ~30-50% upside to FMSA stock (sans $170mm cash payment consideration) in our view…70%+ upside when viewed through a more bullish lens (FMSA – $5.11 – B, Unimin – Private – NR)– We won’t rehash the merger presentation here, as […]