|Bid||0.0000 x 1100|
|Ask||0.0000 x 900|
|Day's Range||0.2015 - 0.2219|
|52 Week Range||0.0820 - 8.0500|
|Beta (3Y Monthly)||3.67|
|PE Ratio (TTM)||0.51|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Investors need to pay close attention to Emerge Energy Services (EMES) stock based on the movements in the options market lately.
Hi-Crush Partners (HCLP), which was the top MLP gainer in the week ending July 27 with massive week-over-week gains of 40.6%, saw some profit-booking last week following its second-quarter earnings announcement and management’s plans to change its corporate structure. To learn more, read Hi-Crush Partners’ Sand Volumes Rose 16% in Q2 2018.
Hi-Crush Partners (HCLP), a frac sand producer, was the top MLP gainer last week, which ended on July 27. It saw a massive 40.6% rally, driven by some positive announcements, including the acquisition of FB Industries, a new agreement with an E&P (exploration and production) customer, and a distribution increase. H-Crush announced the acquisition of FB Industries, a company involved in frac sand storage and handling.
Legacy Reserves (LGCY), an upstream MLP involved in crude oil, natural gas, and NGLs (natural gas liquids) production, was the weakest MLP in the week that ended on July 20. LGCY fell 15.4%.
Sand is formed by erosive processes over thousands of years and, according to a UN Environmental Program (UNEP) report, is being extracted far more quickly than it can be renewed. While the U.S. imports only about 1% of the total sand that it uses, according to the United States Geological Survey, developing countries like China and India have had to import significantly larger quantities to meet the demand created by recent construction booms. The price of sand and gravel has increased dramatically over the last decade, from $7.06 per metric ton in 2007 to $8.80 in 2016.
I am writing today to help inform people who are new to the stock market and want to begin learning the link between Emerge Energy Services LP (NYSE:EMES)’s fundamentals andRead More...