Introduction
U.S. Silica Holdings (SLCA) is one we picked last fall at $2.72 to double in the next year. Boy, were we wrong! It peaked in March at $15 and has since retrenched along with many other
U.S. Silica Holdings: Respect The Power Of Sand
Summary
- An improving oilfield and industrial environment provides a dual runway for SLCA.
- We think the company is best in breed in the sand space and will generate higher sales and margins as the year progresses.
- We think that risk tolerant investors should look closely at SLCA for growth in the coming year.
- Looking for more investing ideas like this one? Get them exclusively at The Daily Drilling Report. Learn More »
Fluidsdoc is an international oil industry veteran with 40 years of experience having worked on six continents and in over twenty countries around the world. He is an expert in the upstream oilpatch and an energy sector specialist.
He is the leader of the investing group The Daily Drilling Report where he provides investment analysis for the oil and gas industry. Features of the group include: a model portfolio that covers all segments of upstream oilfield activity with weekly updates, ideas for both U.S and international energy companies, coverage from shale to deepwater drillers, technical analysis to identify catalysts, and more. Learn More.
Analyst’s Disclosure: I am/we are long FCX. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
This is not advice to buy or sell this stock or ETF. I am not an accountant or CPA or CFA. This article is intended to provide information to interested parties and is in no way a recommendation to buy or sell the securities mentioned. As I have no knowledge of individual investor circumstances, goals, and/or portfolio concentration or diversification, readers are expected to do their own due diligence before investing their hard-earned cash.
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