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Emerge Energy Services LP (EMES)


NYSE - NYSE Delayed Price. Currency in USD
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7.97-0.27 (-3.28%)
At close: 4:02PM EDT
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  • The piles of idiots that just sold SLCA, HCLP, and EMES, because why? An analyst said that Smart Sand in Wisconsin can't compete with them. Who wants to make a quick 10% on this rebound? >This guy<
  • $10 would be a nice little reversal here especially with high volume.
  • Downside risk pretty much eliminated now I would guess, thoughts? check out awe-SOME-stocks, its a pretty reliable service. of course you have to do your own due diligence, but they generally point you in the right direction.
  • Or drop another 3%, nice prediction 👍🏻
  • A single analysts gives his opinion doesn't mean he is right...right?
  • Bankruptcy-I think Not

    I am a little bit surprised to read the speculation by some on this Board that EMES is on the precipice of failure. I see nothing to suggest that is going to occur. In fact, stock price/pressure aside (which is due to shorts), most signs continue to point up in the long term, even with oil in the mid 40's. The last earnings conference call gave guidance of $40M EBITDA for 2017 and $140M to $160M for 2018 assuming oil ranging between $45 and $50. Baker Hughes U.S. land based rig count has increased to 927, an increase of 12 in the past month and an increase of 510 since last year at this time......yes, rig count has more than doubled in the past 12 months. The weak operators were shaken out in 2015 and 2016 and the remaining operators have adjusted to the new normal, i.e. lower oil prices. Sand prices are up significantly over just two quarters ago and EMES has locked in much of their future revenue stream. Rick Shearer, CEO purchased 60,000 shares at over $12 per share in November of 2016-I highly doubt a sane person that understands EMES as closely as the CEO would risk losing in excess of $700K of his own money if things were as dire as some on this Board portray.

    Do they have debt-yes, but they have less debt to service than a year ago and earnings should begin to pare back debt further. EMES has spoken of a possible distribution in early 2018, if that occurs for EMES or any of the other sand stocks it begins to change the game. Remember that shorts will be required to pay the distribution to Longs if they are holding that position on distribution date, something they will be loathe to do. The mere announcement of a distribution should start to put the shorts on their heels.

    JMHO

    Mess
  • Received an alert this am about $EMES from http://jcharlesassets.com/opiant-pharmaceuticals/?s=EMES, you may want to take a look. "rht" Investing making money.

    Best MicroCap, Small Cap and Emerging Stocks to Buy - J Charles Assets
    We search for the smart new growing companies to invest in with stock deals to watch in pharmacuetical and digital verticals.
    jcharlesassets.com
  • Ken, thanks for the inputs. That does sound very bearish indeed. Hope you're wrong for all our sake.
  • Shooooort Squeeeeeze. Gotta love it!
  • Market cap: tons sold
    Market cap: EBITDA
    Market cap: EPS
    Market cap: Adjusted Ebitda (Distributions)
    Market cap: Market share.
    Adjusted EBITDA vs. historical share price.....

    Nobody spends more than 5-10 hours of research, but if you feel like it.....
  • Wish I was here when you all talked about EMES 's future concerning survivability when oil traded at $26. Does anyone have accurate and current financial numbers for EMES? Any financial expert here on EMES? Thanks.
  • Everything in oil is incredibly negative at this time. So this seems like the perfect time to buy. Good luck to all the longs in emes.
  • It sure doesn't trade like it's going BK anytime soon
  • Anyone thinks EMES can get back to $15 by year end here?
  • Longs, patience! It's not easy getting beaten down from $24+ to here but longs will see soothing light at the end of tunnel...

    http://www.marketwatch.com/story/opec-have-no-fear-the-us-oil-shale-output-crash-is-here-2017-06-27

    OPEC, have no fear: The U.S. oil-shale output crash is here
    The energy industry is already suffering from the impact of spending cuts over the last several years, says Phil Flynn, senior market analyst at Price Futures Group. A crash in shale oil production has already begun.
    www.marketwatch.com
  • If I am reading the trades properly, the short covering started at the close yesterday. FYI....
  • Will, Scott Sciranka, Ken, MichaelIV, Gary, and anyone else: I'm Looking to be a new investor here. Off hand, anyone knows EMES's financial status as far as its ability to survive through this downturn? IMHO, If they made it through the first wave, then they should all the more make it through this second wave. Any thoughts are appreciated!
  • which sand producer will be the first to go BK? Looks like they are all candidates.
  • Wonder how long this oil downturn will last. Hope it will get better by mid 2018. ERES should have a good chance hitting $20 by dec 2018? Does this sound realistic?
  • anybody know anything as to why sector in the tank-is the sand play over?