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Emerge Energy Services LP (EMES.N)

EMES.N on New York Stock Exchange

7.97USD
21 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Emerge Energy Services reports Q1 revenue $ 75.3 million
Wednesday, 3 May 2017 06:00am EDT 

May 3 (Reuters) - Emerge Energy Services Lp -:Reg-Emerge Energy Services announces first quarter 2017 results.Qtrly revenues $ 75.3 million versus. $ 42.6 million.Emerge Energy Services Lp - net loss improved from $20.8 million for q4 of 2016 to $11.4 million for q1 of 2017.Q1 earnings per share view $-0.32, revenue view $72.1 million -- Thomson Reuters I/B/E/S.  Full Article

Emerge Energy Services says entered into a new term loan facility
Monday, 17 Apr 2017 07:16am EDT 

April 17 (Reuters) - Emerge Energy Services LP :Emerge Energy Services LP says on April 12, 2017, entered into a new $40.0 million second lien senior secured term loan facility - SEC filing.Emerge Energy Services LP says second lien term loan agreement matures on April 12, 2022.  Full Article

Emerge Energy Services LP to acquire local sand operation for $20 mln
Monday, 17 Apr 2017 06:00am EDT 

April 17 (Reuters) - Emerge Energy Services LP :Reg-Emerge Energy Services LP to acquire local sand operation for $20 million.Emerge Energy Services LP - transaction was funded with a new $40 million term loan.Emerge Energy Services LP - Q1 2017 results will not be discussed during call.  Full Article

Emerge Energy Services posts qtrly loss of 77 cents/shr
Monday, 27 Feb 2017 06:26am EST 

Emerge Energy Services Lp : Reg-Emerge Energy Services announces fourth quarter 2016 results . Emerge Energy Services Lp- will not make a cash distribution on our common units for three months ended December 31, 2016 . Emerge Energy Services Lp - qtrly reported net loss of $20.8 million, or $0.77 per diluted unit . Emerge Energy Services Lp - full quarter sales of 825,699 tons of sand . Qtrly revenues $42.6 million versus $44.5 million . Emerge Energy Services Lp- "did not generate available cash to distribute for three months ended December 31, 2016" . Q4 earnings per share view $-0.71 -- Thomson Reuters I/B/E/S .Q4 revenue view $40.3 million -- Thomson Reuters I/B/E/S.  Full Article

Emerge Energy services announces proposed public offering of common units
Thursday, 17 Nov 2016 04:02pm EST 

Emerge Energy Services Lp : Emerge Energy Services announces proposed public offering of common units . Commencement of an underwritten public offering of 2.75 million common units .Emerge Energy Services says intends to use net proceeds from offering to repay borrowings under amended, restated revolving credit, security agreement.  Full Article

Emerge Energy Services files for common unit offering of up to $40.7 million
Thursday, 6 Oct 2016 06:02am EDT 

Emerge Energy Services LP :Emerge Energy Services LP files for common unit offering of up to $40.7 million by selling unitholder at a price of up to $12.14 per unit - SEC filing.  Full Article

Emerge Energy files for non-timely 10-Q
Wednesday, 10 Aug 2016 05:44pm EDT 

Emerge Energy Services Lp : Amendment to credit agreement would materially affect financial statements presented in qtrly report, disclosures in qtrly report . Files for non-timely 10-Q - SEC filing . In advanced discussions to obtain an amendment to restructure the credit agreement dated June 27, 2014 .Expects to have amendment in place upon closing the sale of our fuel business in the third quarter of 2016.  Full Article

Emerge Energy reports Qtrly revenues $24.8 million
Monday, 8 Aug 2016 07:59am EDT 

Emerge Energy Services Lp : Emerge energy services announces second quarter 2016 results . Emerge energy will not make a cash distribution on its common units for three months ended june 30, 2016 . Qtrly revenues $24.8 million . Q2 revenue view $25.0 million -- Thomson Reuters I/B/E/S .Qtrly net loss $22.9 million versus net loss of $34.2 million in prev quarter.  Full Article

Emerge Energy Services agrees to sell $20 mln of convertible preferred units
Monday, 8 Aug 2016 07:03am EDT 

Emerge Energy Services LP : Agrees to sell $20 million of convertible preferred units . Partnership expects to use net proceeds from offering to repay indebtedness or for general partnership purchases .As part of transaction, partnership and purchaser will, on closing date of transaction, enter into registration rights agreement.  Full Article

Emerge Energy to divest fuels business in deal valued at about $179 million
Thursday, 23 Jun 2016 04:30pm EDT 

Emerge Energy Services LP : Deal for $178.5 million . Fuels business is comprised of Dallas-based Direct Fuels Llc and Birmingham-based Allied Energy Company Llc . Entered agreement for sale of Emerge's fuels business to Sunoco Lp . Following sale emerge will become pure-play business with all assets and operations focused on sand segment .Emerge Energy Services Lp announces agreement to divest fuels business in deal valued at approximately $179 million.  Full Article

U.S. frack sand supplier shares dive on oversupply worries

HOUSTON Shares tumbled on Friday for miners that supply sand to U.S. shale producers for use in fracking, as investors worried about a possible glut of the material the day after a major supplier announced a big new mine in West Texas, home to the Permian Basin, the largest U.S. oilfield.