Tudor Pickering Holt Energy Notes Excerpt From March 23, 2018: U.S. Silica Announces $750mm Acquisition
As SLCA looks to smooth out the volatility inherent in energy cycles, the company made it clear a large industrial acquisition was on the radar and they’ve now put their money where their mouth is; this will make SLCA look more like the combined FMSA/Unimin, which we view as an overall positive despite the lofty […]