's Comment on Competitors and Industry Peers
There are numerous large and small producers in all sand producing regions
of the United States with whom we compete. Our main competitors in the raw frac
sand market include Badger Mining Corporation, CARBO Ceramics, Inc., Emerge
Energy Services LP, Hi-Crush Partners LP, Preferred Sands LLC, Smart Sand Inc.,
Unimin Corporation, and U.S. Silica Holdings, Inc. Many new entrants to the
raw frac sand market compete on an FOB-plant basis and lack comparable transportation
infrastructure to meet customer demands in-basin. Our main competitors in the
coated products market include Atlas Resin Proppants LLC, CARBO Ceramics, Momentive
Performance Materials Inc., Unimin Corporation, Preferred Sands LLC, and U.S.
Silica Holdings, Inc. The most important factors on which we compete in both
markets are product quality, performance, sand and proppant characteristics,
transportation capabilities, proximity of supply to well site, reliability of
supply, and price. Our largest competitors across both markets are U.S. Silica
Holdings, Inc., Unimin Corporation, and Badger Mining
Corporation (which owns Atlas Resin Proppants LLC). We believe we are uniquely
positioned to utilize our scale of raw sand production to supply high-quality
substrate for coated products and leverage our transportation infrastructure
for reliable delivery in-basin.
Due to increased demand for sand based proppants in the years leading up to
the end of 2014, there had been an increase in the number of frac sand producers.
Moreover, as a result of this increased demand, existing frac sand producers
have added to or expanded their frac sand production capacity, thereby increasing
competition. Demand for sand-based proppants is closely linked to proppant consumption
patterns for the completion of oil and natural gas wells in North America. These
consumption patterns in a particular basin are influenced by numerous factors,
including the price of hydrocarbons, the drilling rig count, and hydraulic fracturing
activity levels, including the number of stages completed and the amount of
proppant used per stage. Further, these consumption patterns are also influenced
by the location, quality, selling price and availability of sand-based proppants
and other types of proppants such as ceramic proppant. Selling prices for sand-based
proppants vary by basin and are determined based on supply and demand dynamics
within each basin.
*Market share is calculated based on total revenue.
Who are 's Competitors?
Hi crush Inc Share Performance
0.00%
30 Days
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Hi crush Inc
Profile
Hi Crush Inc's business model revolves around mining, producing, and supplying high-quality frac sand used in hydraulic fracturing operations for the oil and gas industry.
More about Hi crush Inc 's Market Share
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Smart Sand Inc Share Performance
-4.17%
Over The Past 5 Days
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Smart Sand Inc
Profile
Smart Sand Inc is a company that operates in the industrial sector, specializing in the production and supply of high-quality proppant and logistics solutions for hydraulic fracturing services in the oil and gas industry. They strive to meet the demand for efficient and sustainable sand solutions, catering to their customer's needs while providing reliable transportation and storage services.
More about Smart Sand Inc 's Market Share
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U s Silica Holdings Inc Share Performance
+10.75%
This Year
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U s Silica Holdings Inc
Profile
U.S. Silica Holdings Inc operates as a diversified industrial minerals company. Their business model revolves around mining and processing silica sand, which is then sold to customers in various industries such as oil and gas, glass, chemicals, and construction. Additionally, they offer logistics and transportation services to ensure efficient delivery of their products to customers.
More about U s Silica Holdings Inc 's Market Share
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