Entering text into the input field will update the search result below

Fairmount Santrol -16% on Q4 results; frac sand firms down sharply

Mar. 09, 2017 3:30 PM ETFairmount Santrol, Inc. (FMSA) StockSLCA, HCRSQ, EMES, FMSA, SNDBy: Carl Surran, SA News Editor5 Comments
  • Fairmount Santrol (FMSA -16.8%) sinks on much higher than normal volume after posting a wider than expected Q4 loss on a 4% Y/Y drop in revenue to $140.5M, also below analyst consensus.
  • FMSA does not provide sales and earnings guidance for 2017, citing volatility and uncertainty in oil and gas markets, but says it sees signs of continuing improvement in proppant volumes, mix and pricing.
  • Other frac sand names also are sharply lower: SLCA -6%, HCLP -15.6%, EMES -10.2%, SND -11.6%.

Recommended For You

Related Stocks

SymbolLast Price% Chg
FMSA--
Fairmount Santrol, Inc.