Hi-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: $842.03 million
- Outstanding Shares: 91,030,000
Average Prices:- 50 Day Moving Avg: $8.20
- 200 Day Moving Avg: $12.04
- 52 Week Range: $7.25 - $23.30
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 3.99
- P/E Growth: -6.13
Sales & Book Value:- Annual Revenue: $332.44 million
- Price / Sales: 2.49
- Book Value: $8.28 per share
- Price / Book: 1.10
Profitability:- EBIDTA: $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: 1.92 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 were Hi-Crush Partners LP's earnings last quarter?
Hi-Crush Partners LP (NYSE:HCLP) posted its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.18 EPS for the quarter, meeting the consensus estimate of $0.18. The business earned $135.22 million during the quarter, compared to analysts' expectations of $138.61 million. Hi-Crush Partners LP had a negative return on equity of 1.58% and a negative net margin of 2.53%. The company's quarterly revenue was up 251.9% compared to the same quarter last year. During the same period last 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?
Where is Hi-Crush Partners LP's stock going? Where will Hi-Crush Partners LP's stock price be in 2017?
9 brokerages have issued 12 month price targets for Hi-Crush Partners LP's shares. Their predictions range from $10.00 to $29.00. On average, they anticipate Hi-Crush Partners LP's stock price to reach $17.13 in the next year. 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. " (8/8/2017)
- 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?
Some companies that are related to Hi-Crush Partners LP include Taseko Mines Ltd (TGB), Luxfer Holdings PLC (LXFR), Kenmare Resources plc (KMR), Wolf Minerals Limited (WLFE), Amur Minerals (AMC), General Moly (GMO), Savannah Resources Plc (SAV), W Resources PLC (WRES), BMR Group PLC (BMR), Thor Mining Plc (THR), International Ferro Metals Limited (IFL), RTI International Metals (RTI), Savannah Resources Plc (AME) and Sierra Rutile Ltd (SRX).
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
Who owns Hi-Crush Partners LP stock?
Hi-Crush Partners LP's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Balyasny Asset Management LLC (2.75%), ING Groep NV (1.53%), Sprott Inc. (1.29%), Kayne Anderson Capital Advisors LP (1.11%), SG Americas Securities LLC (0.78%) and SG Capital Management LLC (0.67%). View Institutional Ownership Trends for Hi-Crush Partners LP.
Who sold Hi-Crush Partners LP stock? Who is selling Hi-Crush Partners LP stock?
Hi-Crush Partners LP's stock was sold by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, JPMorgan Chase & Co., SG Americas Securities LLC, California Public Employees Retirement System and Ashburton Jersey Ltd. View Insider Buying and Selling for Hi-Crush Partners LP.
Who bought Hi-Crush Partners LP stock? Who is buying Hi-Crush Partners LP stock?
Hi-Crush Partners LP's stock was acquired by a variety of institutional investors in the last quarter, including ING Groep NV, SG Capital Management LLC, Atlantic Trust Group LLC, Clear Harbor Asset Management LLC, HITE Hedge Asset Management LLC, Fort Washington Investment Advisors Inc. OH, Kornitzer Capital Management Inc. KS and Kayne Anderson Capital Advisors LP. View Insider Buying and Selling for Hi-Crush Partners LP.
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 $9.10.
MarketBeat Community Rating for Hi-Crush Partners LP (NYSE HCLP)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.
Consensus Ratings for Hi-Crush Partners LP (NYSE:HCLP) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 7 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.78) |
| Consensus Price Target: | $17.13 (88.19% upside) |
Analysts' Ratings History for Hi-Crush Partners LP (NYSE:HCLP)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/17/2017 | Cowen and Company | Reiterated Rating | Buy | $12.00 | Medium |  |
| 9/6/2017 | Janney Montgomery Scott | Initiated Coverage | Neutral -> Neutral | $10.00 | Low | |
| 8/28/2017 | Jefferies Group LLC | Set Price Target | Buy | $30.00 -> $15.00 | Low | |
| 7/20/2017 | Credit Suisse Group | Lower Price Target | Outperform | $24.00 -> $12.00 | Low | |
| 6/23/2017 | Johnson Rice | Initiated Coverage | Accumulate | $17.00 | High | |
| 5/25/2017 | Evercore ISI | Initiated Coverage | Outperform | $22.00 | Medium | |
| 5/3/2017 | Mizuho | Initiated Coverage | Buy | $20.00 | High | |
| 3/27/2017 | Guggenheim | Reiterated Rating | Buy | | High | |
| 2/22/2017 | Wunderlich | Upgrade | Hold -> Buy | $20.00 -> $29.00 | N/A | |
| 9/13/2016 | Raymond James Financial, Inc. | Set Price Target | Buy | $17.00 -> $18.00 | N/A | |
| 9/9/2016 | Ladenburg Thalmann Financial Services | Boost Price Target | Buy | $7.00 -> $21.00 | N/A | |
| 6/13/2016 | DA Davidson | Downgrade | Buy -> Underperform | $10.00 | N/A | |
| 10/28/2015 | Barclays PLC | Downgrade | Equal Weight -> Underweight | $16.00 -> $5.00 | N/A | |
| 10/27/2015 | Robert W. Baird | Downgrade | Neutral -> Underperform | $10.00 -> $4.00 | N/A | |
(Data available from 9/20/2015 forward)
Earnings History for Hi-Crush Partners LP (NYSE:HCLP)Earnings History by Quarter for Hi-Crush Partners LP (NYSE HCLP)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/30/2017 | | $0.37 | | | | | N/A | |
| 8/2/2017 | Q2 2017 | $0.18 | $0.18 | $138.61 million | $135.22 million | View | Listen | |
| 5/1/2017 | Q1 2017 | ($0.03) | ($0.07) | $84.31 million | $83.40 million | View | Listen | |
| 2/21/2017 | Q4 2016 | ($0.10) | ($0.11) | $60.61 million | $67.30 million | View | N/A | |
| 10/31/2016 | Q3 | ($0.15) | ($0.21) | $47.67 million | $46.60 million | View | Listen | |
| 8/2/2016 | Q216 | ($0.22) | ($0.26) | $47.84 million | $38.40 million | View | Listen | |
| 4/28/2016 | Q1 2016 | ($0.15) | ($0.48) | $53.90 million | $52.15 million | View | Listen | |
| 2/23/2016 | Q415 | ($0.07) | $0.35 | $60.99 million | $72.08 million | View | Listen | |
| 10/26/2015 | Q315 | $0.25 | $0.15 | $81.70 million | $81.00 million | View | Listen | |
| 8/6/2015 | Q215 | $0.39 | $0.31 | $82.79 million | $84.00 million | View | Listen | |
| 5/6/2015 | Q115 | $0.77 | $0.60 | $121.93 million | $102.10 million | View | Listen | |
| 2/3/2015 | Q414 | $0.91 | $0.85 | $108.90 million | $130.90 million | View | N/A | |
| 11/4/2014 | Q314 | $0.85 | $0.83 | $92.05 million | $102.30 million | View | Listen | |
| 8/5/2014 | Q2 | $0.75 | $0.75 | $80.42 million | $82.70 million | View | Listen | |
| 5/5/2014 | Q114 | $0.61 | $0.49 | $52.45 million | $55.83 million | View | Listen | |
| 2/6/2014 | Q413 | $0.63 | $0.63 | $45.60 million | $51.50 million | View | Listen | |
| 11/6/2013 | Q313 | $0.66 | $0.52 | $52.07 million | $43.50 million | View | Listen | |
| 8/14/2013 | Q2 2013 | $0.51 | $0.53 | $21.97 million | $27.10 million | View | Listen | |
| 5/14/2013 | Q1 2013 | $0.50 | $0.40 | $19.28 million | $19.60 million | View | Listen | |
| 11/13/2012 | Q312 | | $0.33 | $7.67 million | $12.64 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Hi-Crush Partners LP (NYSE:HCLP)Current Year EPS Consensus Estimate: $1.1 EPS
Next Year EPS Consensus Estimate: $2.28 EPS
Current Dividend Information for Hi-Crush Partners LP (NYSE:HCLP)| Most Recent Dividend: | 8/14/2015 |
| 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 History by Quarter for Hi-Crush Partners LP (NYSE HCLP)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/23/2015 | quarterly | $0.48 | 10.56% | 8/3/2015 | 8/5/2015 | 8/14/2015 |
| 4/17/2015 | quarterly | $0.68 | 7.12% | 4/29/2015 | 5/1/2015 | 5/15/2015 |
| 1/21/2015 | quarterly | $0.68 | 7.3% | 1/28/2015 | 1/30/2015 | 2/13/2015 |
| 10/20/2014 | quarterly | $0.63 | 4.67% | 10/29/2014 | 10/31/2014 | 11/14/2014 |
| 7/16/2014 | quarterly | $0.58 | 3.57% | 7/30/2014 | 8/1/2014 | 8/15/2014 |
| 4/17/2014 | quarterly | $0.53 | 5.24% | 4/29/2014 | 5/1/2014 | 5/15/2014 |
| 1/17/2014 | quarterly | $0.51 | 5.65% | 1/29/2014 | 1/31/2014 | 2/14/2014 |
| 10/21/2013 | quarterly | $0.49 | 6.16% | 10/30/2013 | 11/1/2013 | 11/15/2013 |
| 7/17/2013 | quarterly | $0.48 | 8.33% | 7/30/2013 | 8/1/2013 | 8/15/2013 |
| 4/18/2013 | quarterly | $0.48 | | 4/29/2013 | 5/1/2013 | 5/15/2013 |
| 1/22/2013 | quarterly | $0.48 | 10.75% | 1/30/2013 | 2/1/2013 | 2/15/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Hi-Crush Partners LP (NYSE:HCLP)Insider Ownership Percentage: 34.80%
Institutional Ownership Percentage: 50.40%
Insider Trades by Quarter for Hi-Crush Partners LP (NYSE:HCLP)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 12/12/2014 | Laura C Fulton | CFO | Buy | 1,000 | $29.88 | $29,880.00 | |
| 12/11/2014 | John R Huff | Director | Buy | 50,000 | $31.85 | $1,592,500.00 | |
| 11/28/2014 | Robert E Rasmus | CEO | Buy | 30,000 | $38.70 | $1,161,000.00 | |
| 8/15/2014 | Hi-Crush Proppants Llc | Insider | Sell | 3,750,000 | $60.61 | $227,287,500.00 | |
| 11/21/2012 | John R Huff | Director | Buy | 75,000 | $16.33 | $1,224,750.00 | |
| 8/21/2012 | John R Huff | Director | Buy | 25,000 | $17.00 | $425,000.00 | |
| 8/21/2012 | Laura C Fulton | CFO | Buy | 10,000 | $17.00 | $170,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Hi-Crush Partners LP (NYSE:HCLP)
Latest Headlines for Hi-Crush Partners LP (NYSE:HCLP)
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Hi-Crush Partners LP (HCLP) Chart for Wednesday, September, 20, 2017
