HCLP - HCLP Stock Plunges 17%: Hi-Crush Reports Larger than Expected Loss

Yesterday, May 7, Hi-Crush Partners LP (NYSE:HCLP) reported its first-quarter earnings for 2019. With the loss larger than expected, HCLP stock dropped nearly 10% in after-hours trade.

And today, May 8, HCLP stock is continuing to take a hit. At the time of writing, Hi-Crush Partners is down nearly 20%.

Here’s everything we know.

In the Hi-Crush Partners Q1 earnings report, the company noted a 26% Y-O-Y decline in revenues. Revenues during Q1 2019 came to $159.9 million, while the company saw revenues ...