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Emerge Energy Services LP (EMES.N)

EMES.N on New York Stock Exchange

11.72USD
27 Mar 2017
Change (% chg)

$-0.15 (-1.26%)
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Latest Key Developments (Source: Significant Developments)

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

Emerge Energy reports Q1 loss per share of $1.42
Tuesday, 10 May 2016 06:01am EDT 

Emerge Energy Services Lp : Qtrly loss per share $1.42 . Qtrly revenues $ 29.7 million versus $44.5 million . Says full quarter sales of 439,000 tons of sand . Says management actively pursuing sale of fuel business . Says emerge energy did not generate available cash to distribute for three months ended march 31, 2016 . Says "working towards sale of our fuel business so that we can use proceeds to pay down our debt" .Emerge energy services announces first quarter 2016 results.  Full Article

Emerge Energy Services LP's Superior Silica Sands announces acquisition of self suspending proppants patents and intellectual property
Monday, 11 Jan 2016 05:45pm EST 

Emerge Energy Services LP:Says unit, announce the acquisition of 12 Patents and the Intellectual Property from AquaSmart Enterprises LLC (AquaSmart) for their Self Suspending Proppant technology.  Full Article

Emerge Energy Services LP declares second quarter cash distribution
Friday, 24 Jul 2015 02:30am EDT 

Emerge Energy Services LP:Has declared a cash distribution of $0.67 for the second quarter.Says this distribution represents a 33% decrease compared to the first quarter.  Full Article

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