HCR - Hi-Crush Could Be Profitable Next Quarter
Hi-Crush Inc. (HCR) has been decimated over the past couple of years as profits have plunged as sand pricing and volumes have potentially bottomed. A profitable quarter could be coming as soon as the next earnings report as sand volumes and pricing should both see a marked rebound with risks like the coronavirus possibly dwindling.
A profitable quarter combined with stock buybacks and growth in the company's cash position could easily offset long-term risks, including the company's debt load as the stock's risk/reward at this time is favorable in my opinion.
Hi-Crush's Kermit