CLR - Emerge Energy In Prime Position For New Pad Development Trends
Emerge Energy (EMES), along with other publicly traded frac sand names, is already seeing a possible trough in pricing despite slowdowns in industry activity occurring from colder winter weather, lack of takeaway capacity, and exhausted E&P budgets. This comes at a time when volumes are ramping out of its San Antonio mine in Texas and soon to be completed Kingfisher mine in Oklahoma, which is just in time for the new 2019 calendar year when E&P activity is targeted to resume.
We have already discussed pricing and debundling themes in previous articles on