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Nick Cook, Editor
Issue #462 | March 20, 2024
Big shout out to Liberty Energy and Nomad Proppants for pushing back against the SEC and winning a stay on the commission’s new climate rules. There’s a couple interesting acquisitions coming out of the Canadian frac sand markets, deep dive by Infill Thinking into damp pile wellsite solutions, ProFrac turning up the competitive heater in the pressure pumping market, and more.
Lots to catch up on as we get ready for April’s Frac Sand Update in Houston (don’t forget to get yourself registered to secure your spot).
And now, the news…
The Fifth Circuit Court grants request for administrative stay after challenge by Liberty Energy and Nomad Proppant Services.
"There is still much work to do - not just with respect to the Climate Rule - but more broadly with our national energy policy in general"- CEO Chris Wright
A look into the current footprint of this niche within a niche.
Looking ahead based on current trends and company plans to add, here's a look at the trend.
Source has acquired a fleet of 27 tractors and 52 trailers that will account for approximately 10% of its Last Mile Trucking requirements.
“(The site) is in a prime location to facilitate the movements of commodities in and out of an area that is having an economic boom with respect to energy,” said Buffalo Rail CEO Jarrett Zeilinski.
ProFrac was the final pressure pumper to report 4Q23 earnings last week. And there were fireworks.
Some great info about the state of the company as well as expressing their continued hope in the benefit separation of Alpine in order to do what's best for Alpine.
Check out this latest round up of frac fleet counts.
We put this at the end because no one likes to read/talk about bad news.
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