Emerge Energy Services LP (NYSE:EMES) proves the thesis that an investor "...doesn't need to know which way the wind blows", as Bob Zimmerman told us all.
Fracking Sand Prices are Going Up
Emerge Energy has witnessed higher sand prices on long-term contracts and on spot contracts. Hi-Crush Partners, a key competitor, admitted higher prices in its recent arrangement with Halliburton (NYSE:HAL).
Emerge Energy Services LP was incorporated in April 2012 by affiliates and management of Insight Equity as a Delaware limited partnership to own, acquire, operate and develop a diversified portfolio of energy service assets. Emerge Energy has two primary lines of operation - Sand and Fuel Processing and Distribution. Emerge is a leading Tier 1...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|
|PRO Top long ideas returned 21.7% in 2016**|