US Silica Holdings Inc

Two Sigma Investments and Rothschild & Co Asset Management bought 0.8 million and 0.7 million Helmerich & Payne shares, respectively.

In the week ending February 22, Superior Energy Services (SPN) rose the most among the energy stocks under review in this series.

One of the US frac sand market’s main concerns is sand supply exceeding the demand.

Hi-Crush Partners stock fell 7.8% on September 26 after the announcement that it will temporarily idle the dry plant operations at its Whitehall facility.

U.S. Silica Holdings’ (SLCA) operations are divided into two segments—Oil & Gas Proppants and Industrial & Specialty Products.

While U.S. Silica Holdings stock has largely followed oil prices, that hasn’t been the case for more than a year now.

In this series, we’ll discuss the operating and financial performances of U.S. Silica Holdings along with its valuation.

Short interest in Weatherford International (WFT) as a percentage of its float was 12.6% on July 17.

Short interest in Halliburton (HAL) as a percentage of its float was 1.47% on July 6, compared to 3.23% on July 6, 2017.

From Q1 2017 to Q1 2018, the upstream companies constituting the Energy Select Sector SPDR ETF (XLE) boosted capex by 8%.

Approximately 10% of the analysts tracking National Oilwell Varco have recommended a “sell” or some equivalent as of June 25.

Helix Energy Solutions Group (HLX) has the second-highest “buy” ratings assigned by sell-side analysts in the OFS industry.

According to Wall Street analysts’ ratings, Halliburton (HAL) has the highest “buy” or some equivalent rating in the OFS industry.

McDermott International (MDR), which sell-side analysts expect to achieve the highest revenue growth in Q2, has produced 3.6% YTD returns as of June 12.

In this series, we’ll rank and analyze the top five OFS companies that are expected to generate the highest revenue growth in Q2 2018.

On March 29, Schlumberger’s (SLB) stock price was 4.0% lower than on December 29, 2017.

National Oilwell Varco’s (NOV) CFO turned negative in the first quarter to -$129 million despite 3% higher year-over-year revenues.

In this article, we’ll look at Wall Street analysts’ forecasts for Weatherford International (WFT) stock following the company’s 1Q18 earnings release.

Short interest in National Oilwell Varco (NOV) as a percentage of its float was 6.1% as of April 16, 2018.

As of January 16, 2018, 89% of Wall Street analysts tracking Halliburton rated it a “buy” or some equivalent.

In 1Q18, Wall Street analysts expect to see 6.5% revenue growth for Nabors Industries—compared to 4Q17.

On average, Wall Street analysts expect the OFS industry’s revenues, excluding offshore drillers, to shrink 1.3% in 1Q18—compared to 4Q17.

Nabors Industries’ (NBR) cash from operating activities (or CFO) crashed 88% in 2017 versus 2016. NBR generated $62.8 million CFO in 2017.

Analysts surveyed by Reuters seem bullish on Hi-Crush Partners (HCLP) with 87% rating the MLP as a “buy” and the remaining 13% rating it a “hold.”

Hi-Crush Partners (HCLP) stock is up nearly 2% in 2018.

Analysts’ consensus target price for U.S. Silica Holdings was ~$38.5 on March 14. U.S. Silica Holdings is trading near $26.3.

The short interest in CARBO Ceramics (CRR) as a percentage of its float was 51.2% as of March 14, 2018—compared to 46.0% as of January 1, 2018.

As of March 14, 2018, Weatherford International (WFT) has seen the steepest YTD fall in stock prices in the OFS industry.

Since February 22, Flotek Industries’ (FTK) stock price has generated -56% returns as of February 21.

Hi-Crush Partners stock is trading 5% above its 50-day moving average and 19% above its 200-day moving average.

Short interest in Schlumberger (SLB) as a percentage of its float has increased to 1.7% on December 29, 2017, compared to 1.5% on September 29, 2017.

Weatherford International’s (WFT) stock price has fallen 16.0% through December 29, 2017, in the past year.

Short interest in Baker Hughes, a GE Company (BHGE) as a percentage of its float was 1.9% on December 22, 2017.

In this series, we’ll analyze the bottom five FCF generators in 3Q17 in the OFS industry, excluding the offshore drillers. We selected OFS companies with market capitalization exceeding $100 million.

Analysts’ consensus target price for Hi-Crush Partners (HCLP) for the next year is $16. The median target price implies a massive 57% price return over the next year, based on HCLP’s current price of $10.2.

Frac-sand MLPs Emerge Energy Services (EMES) and Hi-Crush Partners (HCLP) are down more than 40% so far in 2017. In comparison, Fairmount Santrol Holdings (FMSA) is down 55% and U.S. Silica Holdings (SLCA) is down 39%.

From 2Q17 to 3Q17, Patterson-UTI Energy’s (PTEN) EBITDA margin rose from 22.5% to 24.5%. The EBITDA margin measures a company’s operating earnings.

National Oilwell Varco National Oilwell Varco (NOV) could see ~44% EPS growth between 2Q17 and 3Q17. Its Rig Aftermarket segment’s revenue and margin are expected to grow in 3Q17, while its Completion & Production Solutions segment’s onshore margins are expected to contract due to a high percentage of lower-margin products and adverse movements in foreign exchanges. […]

The forward EV-to-EBITDA ratios for Hi-Crush Partners (HCLP) and Emerge Energy Services (EMES) are ~4.0x and ~5.0x, respectively.

Emerge Energy Services (EMES) and Hi-Crush Partners (HCLP), which are frac sand MLPs, have fallen 45.0% and 60.0%, respectively, YTD (year-to-date).

Analysts’ average target price for Hi-Crush Partners for the next year is $25.1. The average target price implies a 37% return over the next year based on HCLP’s current price of $18.3.

Frac sand–producing MLPs Hi-Crush Partners (HCLP) and Emerge Energy Services (EMES) have surged nearly 250% and 170%, respectively, over the last year.

Hi-Crush Partners stock currently trades near $21.4—more than five times its price a year ago.

Hi-Crush Partners’ 4Q16 EBITDA of $0.1 million is higher than its -$2.9 million in 3Q16 but lower than its $17.4 million in 4Q15.

EMES and HCLP haven’t paid any distributions since the second quarter of 2015.

Frac sand volumes were positively impacted in the second half of 2016 by the rise in energy commodity prices and US rig counts.

Analysts’ median target price for Hi-Crush Partners (HCLP) for the next year is $10.5.

Emerge Energy Services has a net debt-to-EBITDA ratio of 8.6. This indicates significantly high leverage. It hasn’t been generating available cash to distribute.