Smart Sand

Smart Sand is a frac sand supply and services company. The company is a producer of Northern White raw frac sand, which is a proppant used to improve hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells. The company also provides proppant logistics solutions to its customers through its in-basin transloading terminal and wellsite storage capabilities. The company markets its products and services primarily to oil and natural gas exploration and production companies and oilfield service companies and sells its products under a combination of long-term take-or-pay contracts and spot sales in the open market.
  • TickerSND
  • ISINUS83191H1077
  • ExchangeNASDAQ Stock Market
  • SectorOil Equipment, Services & Distribution
  • CountryUnited States

Analysts

ValuEngine Rating and Forecast Report for SND

ValuEngine Rating and Forecast Report for SND

ValuEngine Rating and Forecast Report for SND

ValuEngine Rating and Forecast Report for SND

ValuEngine Rating and Forecast Report for SND

ValuEngine Rating and Forecast Report for SND

ValuEngine Rating and Forecast Report for SND

ValuEngine Rating and Forecast Report for SND

ValuEngine Rating and Forecast Report for SND

ValuEngine Rating and Forecast Report for SND

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior

Preston Caldwell

Morningstar | Falling Oil Prices Have Made Oilfield Service Stocks Very Cheap Again

Falling oil prices over the past several months have pushed oilfield service stocks into very cheap territory. West Texas Intermediate crude has fallen from over $65/bbl in late April to about $51/bbl today, below our midcycle forecast of $55/bbl. Our median covered oilfield service company is trading at a 20% discount to fair value. Valuations look about as cheap as they did last December, when many names breached 15-plus year lows. For oilfield service companies, we think the market is pricing in overly pessimistic views on growth in oil and gas capital expenditures, as we've previously hig...

Preston Caldwell

Falling Oil Prices Have Made Oilfield Service Stocks Very Cheap Again

Falling oil prices over the past several months have pushed oilfield service stocks into very cheap territory. West Texas Intermediate crude has fallen from over $65/bbl in late April to about $51/bbl today, below our midcycle forecast of $55/bbl. Our median covered oilfield service company is trading at a 20% discount to fair value. Valuations look about as cheap as they did last December, when many names breeched 15-plus year lows. For oilfield service companies, we think the market is pricin...

Preston Caldwell

Morningstar | SND Updated Forecasts and Estimates from 29 Apr 2019

After reviewing Smart Sand's surprisingly strong fourth-quarter results in depth, we are maintaining our fair value estimate of $3 per share. Adjusted EPS of $0.19 in the quarter handily beat the consensus average of $0.13, resulting in the company's shares rallying over 50%. Smart Sand now looks like the the most overvalued proppant company we cover, trading about 45% above our fair value estimate. Along with peers, Smart Sand's results deteriorated sequentially owing to the decrease in overall frac sand demand stemming from the slowdown in U.S. shale well completions. Therefore, Smart Sand ...

Preston Caldwell

Morningstar | Maintaining Smart Sand FVE After 4Q Results Despite Earnings Surprise

After reviewing Smart Sand's surprisingly strong fourth-quarter results in depth, we are maintaining our fair value estimate of $3 per share. Adjusted EPS of $0.19 in the quarter handily beat the consensus average of $0.13, resulting in the company's shares rallying over 50%. Smart Sand now looks like the the most overvalued proppant company we cover, trading about 45% above our fair value estimate. Along with peers, Smart Sand's results deteriorated sequentially owing to the decrease in overall frac sand demand stemming from the slowdown in U.S. shale well completions. Therefore, Smart Sand ...

A director bought 100,000 shares at 5.176USD and

A director at Smart Sand Inc bought 100,000 shares at 5.176USD and the significance rating of the trade was 65/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names ...