Frac Sand Weekly News Digest

Companies with a focus on the oil-rich Permian basin are likely to be at the center of the next wave of consolidation in the U.S. energy sector as favorable oil prices prompt cash-rich drillers to tap into the largest source of shale oil.

Physicians have no hard evidence of contamination, but use the word “could” ad nauseum through the article.

Something we are watching closely this earnings season in light of recent field checks and the nat gas crash is the tone on OFS and E&P earnings calls around service market stability and price structure.

The go-slow is a business reality. Over the last decade, the US shale industry had become a byword for capital destruction.

North American natural gas prices rallied slightly on colder April weather this week but still stayed close to $2.000/MMBtu.

Press release out yesterday evening already spooked the market as their rig count guidance was weaker than many expected.

Unusually large $4.93K block of Call contracts in Smart Sand was sold, with a strike price of $2.50/share, expiring in 92 days.