Hi-Crush Partners LP Company Profile (NYSE:HCLP)

About Hi-Crush Partners LP (NYSE:HCLP)

Hi-Crush Partners LP logoHi-Crush Partners LP is an integrated producer, transporter, marketer and distributor of monocrystalline sand, a specialized mineral that is used as a proppant to manage the recovery rates of hydrocarbons from oil and natural gas wells. Its reserves consist of northern white sand, a resource in Wisconsin and limited portions of the upper Midwest region of the United States. It owns and operates a portfolio of sand facilities with on-site wet and dry plant assets, including direct access to the United States railroads for distribution to in-basin terminals. It owns and operates a network of strategically located terminals and an integrated distribution system throughout North America, including its PropStream integrated logistics solution, which delivers proppant into the blender at the well site. The Company's Blair facility, as of December 31, 2016, contained 117.7 million tons of proven recoverable reserves of frac sand meeting API specifications.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Specialty Mining & Metals
  • Sub-Industry: N/A
  • Symbol: NYSE:HCLP
  • CUSIP: N/A
  • Web: www.hicrushpartners.com
Capitalization:
  • Market Cap: $878.44 million
  • Outstanding Shares: 91,030,000
Average Prices:
  • 50 Day Moving Avg: $9.27
  • 200 Day Moving Avg: $11.02
  • 52 Week Range: $7.25 - $23.30
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 4.30
  • P/E Growth: -6.80
Sales & Book Value:
  • Annual Revenue: $332.44 million
  • Price / Sales: 2.68
  • Book Value: $8.28 per share
  • Price / Book: 1.18
Profitability:
  • EBITDA: $28.14 million
  • Net Margins: -2.53%
  • Return on Equity: -1.58%
  • Return on Assets: -1.05%
Debt:
  • Debt-to-Equity Ratio: 0.25%
  • Current Ratio: 1.76%
  • Quick Ratio: 1.33%
Misc:
  • Average Volume: 2.23 million shs.
  • Beta: 1
  • Short Ratio: 4.4
 

Frequently Asked Questions for Hi-Crush Partners LP (NYSE:HCLP)

What is Hi-Crush Partners LP's stock symbol?

Hi-Crush Partners LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "HCLP."

How often does Hi-Crush Partners LP pay dividends? What is the dividend yield for Hi-Crush Partners LP?

Hi-Crush Partners LP announced a quarterly dividend on Thursday, October 19th. Stockholders of record on Tuesday, October 31st will be given a dividend of $0.15 per share on Tuesday, November 14th. This represents a $0.60 annualized dividend and a dividend yield of 6.12%. The ex-dividend date of this dividend is Monday, October 30th. View Hi-Crush Partners LP's Dividend History.

How will Hi-Crush Partners LP's stock buyback program work?

Hi-Crush Partners LP announced that its board has initiated a stock repurchase program on Wednesday, October 18th 2017, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its shares are undervalued.

How were Hi-Crush Partners LP's earnings last quarter?

Hi-Crush Partners LP (NYSE:HCLP) announced its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.18 EPS for the quarter, meeting analysts' consensus estimates of $0.18. The firm earned $135.22 million during the quarter, compared to analyst estimates of $138.61 million. Hi-Crush Partners LP had a negative net margin of 2.53% and a negative return on equity of 1.58%. The firm's revenue was up 251.9% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.26) EPS. View Hi-Crush Partners LP's Earnings History.

When will Hi-Crush Partners LP make its next earnings announcement?

Hi-Crush Partners LP is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Hi-Crush Partners LP.

Where is Hi-Crush Partners LP's stock going? Where will Hi-Crush Partners LP's stock price be in 2017?

10 equities research analysts have issued 1 year price targets for Hi-Crush Partners LP's stock. Their forecasts range from $10.00 to $29.00. On average, they anticipate Hi-Crush Partners LP's share price to reach $16.53 in the next twelve months. View Analyst Ratings for Hi-Crush Partners LP.

What are analysts saying about Hi-Crush Partners LP stock?

Here are some recent quotes from research analysts about Hi-Crush Partners LP stock:

  • 1. According to Zacks Investment Research, "Hi-Crush Partners LP engages in the production of monocrystalline sand, a specialized mineral that is used as a proppant to enhance the recovery rates of hydrocarbons from oil and natural gas wells. The Company reserves consist of Northern White sand, a resource existing in Wisconsin and limited portions of the upper Midwest region of the United States. It owns, operates and develops sand reserves and related excavation and processing facilities. Hi-Crush Partners LP is based in Houston, Texas. " (10/17/2017)
  • 2. Jefferies Group LLC analysts commented, "We believe HCLP is attractively broadening its low cost plant network beyond WI with the Permian Basin Sand acquisition and we are supportive of completing Sponsor drop downs to the LP. We raise our 2018/2019 EPU estimates by 32%/20% to $1.00/$3.25 and raise our PT to $32. We see HCLP's peer leading low cost raw frac sand position as a key differentiator in the long term. We now have HCLP as our top small cap pick (ahead of Buy rated SND and SLCA)." (3/2/2017)

Who are some of Hi-Crush Partners LP's key competitors?

Who are Hi-Crush Partners LP's key executives?

Hi-Crush Partners LP's management team includes the folowing people:

  • James M. Whipkey, Chairman of the Board of General Partner
  • Robert E. Rasmus, Chief Executive Officer, Principal Operating Officer, Director of the General Partner
  • Laura C. Fulton, Chief Financial Officer of General Partner
  • William E. Barker, Vice President - Logistics and Site Development of General Partner
  • Mark C. Skolos, General Counsel, Secretary of General Partner
  • Joseph C. Winkler III, Lead Independent Director of General Partner
  • Jefferies V. Alston III, Director of General Partner
  • Gregory F. Evans, Director of the General Partner
  • John R. Huff, Director of General Partner
  • Trevor T. Turbidy, Director of General Partner

How do I buy Hi-Crush Partners LP stock?

Shares of Hi-Crush Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Hi-Crush Partners LP's stock price today?

One share of Hi-Crush Partners LP stock can currently be purchased for approximately $9.80.


MarketBeat Community Rating for Hi-Crush Partners LP (NYSE HCLP)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  264 (Vote Outperform)
Underperform Votes:  252 (Vote Underperform)
Total Votes:  516
MarketBeat's community ratings are surveys of what our community members think about Hi-Crush Partners LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Hi-Crush Partners LP (NYSE:HCLP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $16.53 (68.65% upside)
Consensus Price Target History for Hi-Crush Partners LP (NYSE:HCLP)
Price Target History for Hi-Crush Partners LP (NYSE:HCLP)
Analysts' Ratings History for Hi-Crush Partners LP (NYSE:HCLP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2017Cowen and CompanySet Price TargetBuy$12.00N/AView Rating Details
10/5/2017Jefferies Group LLCSet Price TargetBuy$15.00N/AView Rating Details
9/25/2017Piper Jaffray CompaniesInitiated CoverageOverweight -> Overweight$11.75MediumView Rating Details
9/6/2017Janney Montgomery ScottInitiated CoverageNeutral -> Neutral$10.00LowView Rating Details
7/20/2017Credit Suisse GroupLower Price TargetOutperform$24.00 -> $12.00LowView Rating Details
6/23/2017Johnson RiceInitiated CoverageAccumulate$17.00HighView Rating Details
5/25/2017Evercore ISIInitiated CoverageOutperform$22.00MediumView Rating Details
5/3/2017MizuhoInitiated CoverageBuy$20.00HighView Rating Details
3/27/2017GuggenheimReiterated RatingBuyHighView Rating Details
2/22/2017WunderlichUpgradeHold -> Buy$20.00 -> $29.00N/AView Rating Details
9/13/2016Raymond James Financial, Inc.Set Price TargetBuy$17.00 -> $18.00N/AView Rating Details
9/9/2016Ladenburg Thalmann Financial ServicesBoost Price TargetBuy$7.00 -> $21.00N/AView Rating Details
6/13/2016DA DavidsonDowngradeBuy -> Underperform$10.00N/AView Rating Details
10/28/2015Barclays PLCDowngradeEqual Weight -> Underweight$16.00 -> $5.00N/AView Rating Details
10/27/2015Robert W. BairdDowngradeNeutral -> Underperform$10.00 -> $4.00N/AView Rating Details
(Data available from 10/21/2015 forward)

Earnings

Earnings History for Hi-Crush Partners LP (NYSE:HCLP)
Earnings by Quarter for Hi-Crush Partners LP (NYSE:HCLP)
Earnings History by Quarter for Hi-Crush Partners LP (NYSE HCLP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017$0.37N/AView Earnings Details
8/2/2017Q2 2017$0.18$0.18$138.61 million$135.22 millionViewListenView Earnings Details
5/1/2017Q1 2017($0.03)($0.07)$84.31 million$83.40 millionViewListenView Earnings Details
2/21/2017Q4 2016($0.10)($0.11)$60.61 million$67.30 millionViewN/AView Earnings Details
10/31/2016Q3($0.15)($0.21)$47.67 million$46.60 millionViewListenView Earnings Details
8/2/2016Q216($0.22)($0.26)$47.84 million$38.40 millionViewListenView Earnings Details
4/28/2016Q1 2016($0.15)($0.48)$53.90 million$52.15 millionViewListenView Earnings Details
2/23/2016Q415($0.07)$0.35$60.99 million$72.08 millionViewListenView Earnings Details
10/26/2015Q315$0.25$0.15$81.70 million$81.00 millionViewListenView Earnings Details
8/6/2015Q215$0.39$0.31$82.79 million$84.00 millionViewListenView Earnings Details
5/6/2015Q115$0.77$0.60$121.93 million$102.10 millionViewListenView Earnings Details
2/3/2015Q414$0.91$0.85$108.90 million$130.90 millionViewN/AView Earnings Details
11/4/2014Q314$0.85$0.83$92.05 million$102.30 millionViewListenView Earnings Details
8/5/2014Q2$0.75$0.75$80.42 million$82.70 millionViewListenView Earnings Details
5/5/2014Q114$0.61$0.49$52.45 million$55.83 millionViewListenView Earnings Details
2/6/2014Q413$0.63$0.63$45.60 million$51.50 millionViewListenView Earnings Details
11/6/2013Q313$0.66$0.52$52.07 million$43.50 millionViewListenView Earnings Details
8/14/2013Q2 2013$0.51$0.53$21.97 million$27.10 millionViewListenView Earnings Details
5/14/2013Q1 2013$0.50$0.40$19.28 million$19.60 millionViewListenView Earnings Details
11/13/2012Q312$0.33$7.67 million$12.64 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Hi-Crush Partners LP (NYSE:HCLP)
Current Year EPS Consensus Estimate: $1.09 EPS
Next Year EPS Consensus Estimate: $2.28 EPS

Dividends

Current Dividend Information for Hi-Crush Partners LP (NYSE:HCLP)
Next Dividend:11/14/2017
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Track Record:4 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Hi-Crush Partners LP (NYSE:HCLP)

Dividend History by Quarter for Hi-Crush Partners LP (NYSE HCLP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/19/2017quarterly$0.1510/30/201710/31/201711/14/2017
7/23/2015quarterly$0.4810.56%8/3/20158/5/20158/14/2015
4/17/2015quarterly$0.687.12%4/29/20155/1/20155/15/2015
1/21/2015quarterly$0.687.3%1/28/20151/30/20152/13/2015
10/20/2014quarterly$0.634.67%10/29/201410/31/201411/14/2014
7/16/2014quarterly$0.583.57%7/30/20148/1/20148/15/2014
4/17/2014quarterly$0.535.24%4/29/20145/1/20145/15/2014
1/17/2014quarterly$0.515.65%1/29/20141/31/20142/14/2014
10/21/2013quarterly$0.496.16%10/30/201311/1/201311/15/2013
7/17/2013quarterly$0.488.33%7/30/20138/1/20138/15/2013
4/18/2013quarterly$0.484/29/20135/1/20135/15/2013
1/22/2013quarterly$0.4810.75%1/30/20132/1/20132/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Hi-Crush Partners LP (NYSE:HCLP)
Insider Ownership Percentage: 34.80%
Institutional Ownership Percentage: 51.23%
Insider Trades by Quarter for Hi-Crush Partners LP (NYSE:HCLP)
Institutional Ownership by Quarter for Hi-Crush Partners LP (NYSE:HCLP)
Insider Trades by Quarter for Hi-Crush Partners LP (NYSE:HCLP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/12/2014Laura C FultonCFOBuy1,000$29.88$29,880.00View SEC Filing  
12/11/2014John R HuffDirectorBuy50,000$31.85$1,592,500.00View SEC Filing  
11/28/2014Robert E RasmusCEOBuy30,000$38.70$1,161,000.00View SEC Filing  
8/15/2014Hi-Crush Proppants LlcInsiderSell3,750,000$60.61$227,287,500.00View SEC Filing  
11/21/2012John R HuffDirectorBuy75,000$16.33$1,224,750.00View SEC Filing  
8/21/2012John R HuffDirectorBuy25,000$17.00$425,000.00View SEC Filing  
8/21/2012Laura C FultonCFOBuy10,000$17.00$170,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Hi-Crush Partners LP (NYSE:HCLP)
Latest Headlines for Hi-Crush Partners LP (NYSE:HCLP)
Source:
DateHeadline
americanbankingnews.com logoHi-Crush Partners LP Announces Quarterly Dividend of $0.15 (HCLP)
www.americanbankingnews.com - October 19 at 10:26 PM
seekingalpha.com logoHi-Crush Partners Making All The Right Moves
seekingalpha.com - October 19 at 8:09 PM
globenewswire.com logoHi-Crush Partners LP Resumes Distribution for the Third Quarter of 2017 and Announces Unit Buyback Program - GlobeNewswire (press release)
globenewswire.com - October 19 at 1:59 AM
americanbankingnews.com logoStock Buyback Plan Authorized by Hi-Crush Partners (HCLP)
www.americanbankingnews.com - October 18 at 11:28 AM
americanbankingnews.com logoHi-Crush Partners LP (HCLP) Given a $12.00 Price Target by Cowen and Company Analysts
www.americanbankingnews.com - October 18 at 10:58 AM
finance.yahoo.com logoEvening Movers: Hi-Crush Partners Jumps; Cree Slumps
finance.yahoo.com - October 18 at 1:07 AM
americanbankingnews.com logoHi-Crush Partners LP (HCLP) Cut to Sell at Zacks Investment Research
www.americanbankingnews.com - October 18 at 12:58 AM
finance.yahoo.com logoHi-Crush Partners LP breached its 50 day moving average in a Bearish Manner : HCLP-US : October 17, 2017
finance.yahoo.com - October 17 at 8:05 PM
finance.yahoo.com logoHi-Crush Partners LP Resumes Distribution for the Third Quarter of 2017 and Announces Unit Buyback Program
finance.yahoo.com - October 17 at 8:05 PM
finance.yahoo.com logoBehind Hi-Crush Partners’ High Correlation With Crude Oil
finance.yahoo.com - October 12 at 8:25 PM
americanbankingnews.com logoHi-Crush Partners LP (HCLP) Given a $15.00 Price Target by Jefferies Group LLC Analysts
www.americanbankingnews.com - October 7 at 4:56 PM
americanbankingnews.com logoHi-Crush Partners LP (HCLP) Expected to Post Quarterly Sales of $172.83 Million
www.americanbankingnews.com - October 6 at 5:56 AM
globenewswire.com logoHi-Crush Partners LP Announces Timing of Third Quarter 2017 Financial Results and Conference Call - GlobeNewswire (press release)
globenewswire.com - October 5 at 6:26 PM
globenewswire.com logoHi-Crush Partners LP Announces Commencement of Operations at Pecos Terminal - GlobeNewswire (press release)
globenewswire.com - October 5 at 6:26 PM
finance.yahoo.com logoHi-Crush Partners LP Announces Commencement of Operations at Pecos Terminal
finance.yahoo.com - October 5 at 1:17 PM
finance.yahoo.com logoHi-Crush Partners LP Announces Timing of Third Quarter 2017 Financial Results and Conference Call
finance.yahoo.com - October 5 at 1:17 PM
seekingalpha.com logoHi-Crush Partners: More Rigs, More Sand, And Some M&A Chatter
seekingalpha.com - October 4 at 2:37 PM
finance.yahoo.com logoReading Hi-Crush Partners’ Upside Potential
finance.yahoo.com - October 4 at 2:37 PM
americanbankingnews.com logo Analysts Anticipate Hi-Crush Partners LP (HCLP) Will Announce Earnings of $0.39 Per Share
www.americanbankingnews.com - October 4 at 2:36 PM
americanbankingnews.com logoHi-Crush Partners LP (HCLP) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - October 1 at 11:06 AM
streetinsider.com logoPiper Jaffray Starts Hi-Crush Partners LP (HCLP) at Overweight - StreetInsider.com
www.streetinsider.com - September 26 at 4:24 PM
finance.yahoo.com logoWhich MLPs Rose More than 4% in the Week Ending September 15?
finance.yahoo.com - September 26 at 11:12 AM
finance.yahoo.com logoHi-Crush Partners LP :HCLP-US: Earnings Analysis: Q2, 2017 By the Numbers : September 20, 2017
finance.yahoo.com - September 20 at 7:59 PM
seekingalpha.com logoHi-Crush Partners: First Mover Advantage
seekingalpha.com - September 19 at 7:27 PM
finance.yahoo.com logoIs It The Right Time To Buy Hi-Crush Partners LP (HCLP)?
finance.yahoo.com - September 19 at 7:27 PM
americanbankingnews.com logoCowen and Company Reiterates Buy Rating for Hi-Crush Partners LP (HCLP)
www.americanbankingnews.com - September 17 at 6:28 AM
finance.yahoo.com logoHi-Crush Partners LP breached its 50 day moving average in a Bullish Manner : HCLP-US : September 14, 2017
finance.yahoo.com - September 14 at 8:07 PM
finance.yahoo.com logoHCLP and EMES: Will US Rig Counts Support Frac Sand MLPs?
finance.yahoo.com - September 14 at 8:07 PM
globenewswire.com logoHi-Crush Partners LP Announces Analyst and Investor Day - GlobeNewswire (press release)
globenewswire.com - September 12 at 12:50 AM
thestreet.com logoJanuary 2020 Options Now Available For Hi-Crush Partners (HCLP)
www.thestreet.com - September 11 at 7:48 PM
finance.yahoo.com logoHi-Crush Partners LP Announces Analyst and Investor Day
finance.yahoo.com - September 11 at 7:48 PM
americanbankingnews.com logoHi-Crush Partners LP (HCLP) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - September 6 at 11:01 AM
americanbankingnews.com logoHi-Crush Partners LP (HCLP) Now Covered by Janney Montgomery Scott
www.americanbankingnews.com - September 6 at 8:38 AM
seekingalpha.com logoHi-Crush Partners (HCLP) Presents At EnerCom Oilfield Tech and Innovation Day - Slideshow
seekingalpha.com - August 19 at 12:24 AM
reuters.com logoPullback in US fracking sand use pressures producers - Reuters
www.reuters.com - August 16 at 1:05 AM
americanbankingnews.com logo Analysts Expect Hi-Crush Partners LP (HCLP) Will Announce Earnings of $0.41 Per Share
www.americanbankingnews.com - August 9 at 10:50 PM
finance.yahoo.com logoCan HCLP Gain Upward Momentum after 2Q17 Earnings?
finance.yahoo.com - August 8 at 7:04 PM
streetinsider.com logoHi-Crush Partners LP (HCLP) PT Lowered to $12 at Cowen; Reiterates Outperform
www.streetinsider.com - August 5 at 12:41 AM
nasdaq.com logoEnergy Sector Update for 08/04/2017: HCLP,HCC,CLNE - Nasdaq
www.nasdaq.com - August 4 at 7:38 PM
streetinsider.com logoHi-Crush Partners LP (HCLP) PT Lowered to $12 at Cowen; Reiterates Outperform - StreetInsider.com
www.streetinsider.com - August 4 at 7:38 PM
finance.yahoo.com logoEdited Transcript of HCLP earnings conference call or presentation 3-Aug-17 12:30pm GMT
finance.yahoo.com - August 4 at 7:38 PM
americanbankingnews.com logoHi-Crush Partners LP (NYSE:HCLP) PT Lowered to $17.00
www.americanbankingnews.com - August 4 at 12:24 PM
americanbankingnews.com logoHi-Crush Partners LP (HCLP) PT Lowered to $12.00 at Cowen and Company
www.americanbankingnews.com - August 4 at 10:08 AM
finance.yahoo.com logoInvestor Network: Hi-Crush Partners LP to Host Earnings Call
finance.yahoo.com - August 4 at 12:26 AM
finance.yahoo.com logoWhy Did Hi-Crush Partners’ 2Q17 Earnings Rise?
finance.yahoo.com - August 4 at 12:26 AM
finance.yahoo.com logoHi-Crush Partners Plans to Resume Distributions in 2017
finance.yahoo.com - August 4 at 12:26 AM
americanbankingnews.com logoCritical Review: Hi-Crush Partners (NYSE:HCLP) and Luxfer Holdings PLC (LXFR)
www.americanbankingnews.com - August 3 at 10:26 PM
seekingalpha.com logoHi-Crush Partners LP's (HCLP) CEO Robert Rasmus on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 3 at 7:24 PM
nasdaq.com logoHi-Crush Partners LP Reports Second Quarter 2017 Results - Nasdaq
www.nasdaq.com - August 2 at 7:54 PM
finance.yahoo.com logoHi-Crush Partners LP Reports Second Quarter 2017 Results
finance.yahoo.com - August 2 at 7:54 PM

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Chart

Hi-Crush Partners LP (HCLP) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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