SOI - The Saving Grace For Emerge Energy's Bull Thesis
Emerge Energy (EMES) has seen its stock price climb back in recent weeks as the overall market, and oil, begins to find its footing again. There hasn't been much to report on frac sand names lately, except that business has slowed from delays in completions due to E&Ps awaiting new takeaway capacity.
However, certain dynamics are shifting for the frac sand industry, namely in that pricing per ton of sand should be less of a factor, as new contracts based on bundling services redefine earnings for frac sand players.
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