Overview: Who Are They and What Do They Do
Hi Crush Partners LP (NYSE:HCLP) (image source) is a producer of monocrystalline sand, a mineral that is used as a proppant to increase the recovery rates of hydrocarbons from natural gas and oil wells. The company's main reserve of Northern White sand is still in existence in Wisconsin and is available in limited supply in the upper Midwest region of the United States. Moreover, the company owns, operates and develops sand reserves and processing facilities and is always on the search to acquire additional facilities. More specifically, Hi Crush Partners LP owns and operates a 561 acre facility near Wyeville, Wisconsin that allows the company to process and...
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