initial public offerings (IPOs) trading on American exchanges

Friday, November 4, 2016

Smart Sand (SND) began trading on Nasdaq on 4 Nov 2016





Description

Smart Sand, Inc. is a producer of Northern White raw frac sand. The Company sells its products primarily to oil and natural gas exploration and production companies, and oilfield service companies. The Company owns and operates a raw frac sand mine and related processing facility near Oakdale, Wisconsin, at which it has approximately 244 million tons of proven recoverable sand reserves and approximately 92 million tons of probable recoverable sand reserves as of December 31, 2015, respectively. Its Oakdale facility is situated on approximately 1,196 contiguous acres, with on-site processing and rail loading facilities. Its integrated Oakdale facility, with on-site rail infrastructure and wet and dry sand processing facilities, is served by two Class I rail lines. In addition to the Oakdale facility, it owns a second property in Jackson County, Wisconsin, which it calls the Hixton site. Its Hixton site consists of approximately 959 acres in Jackson County, Wisconsin.


Address

24 Waterway Ave Ste 350
THE WOODLANDS, TX 77380-3197
United States

Key stats and ratios

Q4 (Dec '16)2016
Net profit margin42.24%17.52%
Operating margin48.29%32.65%
EBITD margin-45.37%
Return on average assets33.59%6.78%
Return on average equity68.95%14.20%
Employees103

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