U.S. Silica Holdings

U.S. Silica Holdings, Inc. engages in the provision of commercial silica products. It operates through the following segments: Oil and Gas Proppants, and Industrial and Specialty Products. The Oil and Gas Proppants segment focuses on delivering fracturing sand, which is pumped down oil and natural gas wells to prop open rock fissures and increase the flow rate of natural gas and oil from the wells. The Industrial and Specialty products segment consists of products and materials used in various industries, including container glass, fiberglass, specialty glass, flat glass, building products, fillers and extenders, foundry products, chemicals, recreation products and filtration products. The company was founded on November 14, 2008 and is headquartered in Katy, TX.

Earnings data Q3 2020

Earnings data Q4 2020

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Earnings data Q3 2022

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q3 2024

U.S. Silica Holdings reports robust 2022 performance and optimistic 2023 outlook

U.S. Silica Holdings' Q4 2022 earnings call highlighted strong financial performance, particularly in the Oil and Gas segment, with a focus on EBITDA growth and balance sheet strength.
Despite seasonal challenges in the Industrial segment, the company remains committed to operational improvements, debt reduction, and sustainable cash flow generation.
Analyst inquiries covered various topics, reflecting interest in segment performance, pricing strategies, new products, industry trends, and the company's market outlook.
Management's emphasis on discipline, balance sheet strength, and cash flow sustainability underscores a strategic vision for future value creation and growth.

U.S. Silica Holdings reports record Q1 performance and strategic growth

U.S. Silica Holdings delivered a robust performance in Q1 2023, marked by record EBITDA, revenue growth, and margin improvement across segments.
The company's strategic strengths lie in strong customer demand, innovative product lines, and prudent financial management, supporting its growth trajectory.
Challenges include sustaining growth momentum amidst industry dynamics and balancing expansion plans with cost discipline, while opportunities exist in product innovation and market differentiation.
Overall, U.S. Silica Holdings' positive outlook, focus on shareholder value, and commitment to financial strength position it well for future success and value creation.

U.S. Silica Holdings reports solid Q2 performance amidst market challenges

U.S. Silica Holdings delivered resilient performance, focusing on profitability and growth strategies.
Despite revenue decline, strong adjusted EBITDA and improved segment margins were key highlights.
Challenges in Permian basin volume and oil price dependency require strategic monitoring.
Opportunities in Northeast basin growth and market alignment offer avenues for future success.

U.S. Silica Holdings reports Q3 revenue declines but maintains cash flow strength and debt reduction focus

U.S. Silica Holdings navigated revenue declines in Q3 2023 but maintained strong cash flow and a focus on debt reduction. The company faces challenges in revenue generation and addressing analyst inquiries, yet sees opportunities in operational efficiency and strategic growth.

U.S. Silica Holdings reports strong 2023 performance amidst operational challenges

U.S. Silica Holdings showcased robust financial performance in 2023, focusing on cost efficiency and debt reduction despite segment volume declines. The company remains optimistic about its strategic direction, industry position, and commitment to delivering value for stakeholders.

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U.S. Silica's (SLCA) strong performance and strategic measures to decrease debt, strengthen its balance sheet and improve its leverage profile are significant.

U.S. Silica (SLCA) Closes TLB Repricing & $25M Loan Buyback

Silica Holdings (SLCA) reported earnings 30 days ago. What's next for the stock?

Why Is Silica Holdings (SLCA) Up 7.2% Since Last Earnings Report?

KATY, Texas , March 26, 2024 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) (the "Company"), a diversified industrial minerals company and the leading last-mile logistics provider to the oil and gas industry, today announced that the company successfully completed the repricing of its seven-year $950 million senior secured Term Loan B ("TLB") due March 23, 2030. The repricing closed at the tight end of guidance at 99.75 and reduces the interest rate margin applicable to the TLB by 75 basis points from 4.75% with a floor of 50 basis points to 4.00% with a floor of 50 basis points for Term SOFR term loans.

U.S. Silica Announces Successful Completion of Term Loan B Repricing and $25 Million Loan Repurchase

KATY, Texas , March 15, 2024 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) (the "Company"), a diversified industrial minerals company and the leading last-mile logistics provider to the oil and gas industry, today announced that Moody's Ratings has upgraded its corporate family rating to B1 from B2 and revised the Company's outlook to Stable from Positive. This follows a recent upgrade from S&P Global where the Company's outlook was upgraded to Positive from Stable and their B issuer credit rating was affirmed.

U.S. Silica Announces Credit Rating Upgrades by Moody's Ratings and S&P Global

U. S. Silica's (SLCA) earnings beat estimates while sales miss the same in the fourth quarter amid lower sales volume.

U.S. Silica (SLCA) Q4 Earnings Beat Estimates, Sales Miss

U.S. Silica Holdings, Inc. (SLCA) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Silica Holdings (SLCA) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Silica Holdings (SLCA) Q4 Earnings

Silica Holdings (SLCA) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.43 per share a year ago.

Silica Holdings (SLCA) Q4 Earnings Top Estimates

GAAP and adjusted EPS for the quarter of $0.37 and $0.28 per diluted share, respectively Full year 2023 net income of $146.9 million increased 88% year-over-year Full year 2023 total company contribution margin of $549.7 million increased 16% year-over-year Full year 2023 cash flow from operations of $263.9 million Balance sheet strengthened with additional $25 million of debt extinguished KATY, Texas , Feb. 27, 2024 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) (the "Company"), a diversified industrial minerals company and the leading last-mile logistics provider to the oil and gas industry, today announced its fourth quarter and full year results for the period ended December 31, 2023. "During the fourth quarter, we continued to strengthen our financial foundation and advance our growth strategy while closing out an exceptionally strong and historic year for the company," said Bryan Shinn, U.S. Silica's Chief Executive Officer.

U.S. Silica Holdings, Inc. Announces Fourth Quarter and Full Year 2023 Results

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Silica Holdings (SLCA), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.

Seeking Clues to Silica Holdings (SLCA) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

The global Silicone Foley Cather market size is expected to reach USD 2.73 billion by 2030 and exhibit a CAGR of 5.81% in the forecast period (2023−2030), according to Skyquest's latest research report. The increasing incidence of urinary tract conditions and disorders, necessitating using catheters for medical management. The aging international population, coupled with a growing occurrence of continual ailments, contributes considerably to the growing call for silicone Foley catheters. The global Silicone Foley Cather market size is expected to reach USD 2.73 billion by 2030 and exhibit a CAGR of 5.81% in the forecast period (2023−2030), according to Skyquest's latest research report. The increasing incidence of urinary tract conditions and disorders, necessitating using catheters for medical management. The aging international population, coupled with a growing occurrence of continual ailments, contributes considerably to the growing call for silicone Foley catheters.

Silicone Foley Cather Market Set to Soar Past USD 2.73 Billion by 2030

The global Silica Sand market size is expected to reach USD 36.49 million by 2030 and exhibit a CAGR of 6% in the forecast period (2023−2030), according to Skyquest's latest research report. The escalating demand from the development zone, in which silica sand is an essential issue inside the production of concrete, asphalt, and different construction substances. The fast urbanization and infrastructure development globally contribute to the sustained demand for silica sand in production initiatives. The global Silica Sand market size is expected to reach USD 36.49 million by 2030 and exhibit a CAGR of 6% in the forecast period (2023−2030), according to Skyquest's latest research report. The escalating demand from the development zone, in which silica sand is an essential issue inside the production of concrete, asphalt, and different construction substances. The fast urbanization and infrastructure development globally contribute to the sustained demand for silica sand in production initiatives.

Silica Sand Market Set to Soar Past USD 36.49 Million by 2030

U.S. Silica (SLCA) retires an additional $25 million in debt, bolstering its balance sheet and improving its leverage profile.

U.S. Silica (SLCA) Completes $25 Million Loan Repurchase

KATY, Texas , Dec. 29, 2023 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA), a diversified industrial minerals company and the leading last-mile logistics provider to the oil and gas industry, today announced that it has completed a $25 million voluntary term loan principal repayment. The debt was extinguished at par using excess cash on hand.

U.S. Silica Holdings, Inc. Announces Completion of $25 Million Loan Repurchase

KATY, Texas , Dec. 15, 2023 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA), a diversified industrial minerals company and the leading last-mile logistics provider to the oil and gas industry, today announced that it has appointed Gene Padgett as its Vice President, Chief Accounting Officer and Controller effective December 18, 2023. In this role, Mr.

U.S. Silica Appoints Chief Accounting Officer

Online Event Will Showcase Company's Industrial & Specialty Products Segment KATY, Texas , Nov. 28, 2023 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) (the "Company"), a diversified industrial minerals company and the leading last-mile logistics provider to the oil and gas industry, today announced it will host a virtual investor event at 10:00 a.m. ET on Wednesday, December 13, 2023, to showcase its Industrial & Specialty Products (ISP) business segment.

U.S. Silica Holdings, Inc. to Host Virtual Investor Event December 13

U.S. Silica (SLCA) beat Q3 earnings estimates on price increases and cost reductions.

U.S. Silica (SLCA) Q3 Earnings Beat Estimates, Revenues Lag

The headline numbers for Silica Holdings (SLCA) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Silica Holdings (SLCA) Reports Q3 Earnings: What Key Metrics Have to Say

U.S. Silica Holdings, Inc. (SLCA) Q3 2023 Earnings Call Transcript

Silica Holdings (SLCA) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.43 per share a year ago.

Silica Holdings (SLCA) Tops Q3 Earnings Estimates

GAAP and adjusted EPS for the quarter of $0.34 and $0.38 per diluted share, respectively Cash flow from operations of $76.7 million for the quarter Balance sheet strengthened with additional $25 million of debt extinguished Full year 2023 financial guidance reaffirmed KATY, Texas , Nov. 3, 2023 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) (the "Company"), a diversified industrial minerals company and the leading last-mile logistics provider to the oil and gas industry, today announced its third quarter results for the period ended September 30, 2023. "During the third quarter, we continued to advance our two-pronged growth strategy of expanding our Industrial & Specialty Products segment while strengthening our financial foundation," said Bryan Shinn, the Company's Chief Executive Officer.

U.S. Silica Holdings, Inc. Reports Third Quarter 2023 Results

KATY, Texas , Oct. 20, 2023 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA), a diversified industrial minerals company and the leading last-mile logistics provider to the oil and gas industry, today announced that it has appointed Kevin Hough as interim Executive Vice President, Chief Financial Officer and Chief Accounting Officer, succeeding Donald A. Merril, who was terminated without cause effective as of October 20, 2023.

U.S. Silica Appoints Interim Chief Financial Officer

Silica Holdings (SLCA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Silica Holdings (SLCA) Q3 Earnings Expected to Decline

U.S. Silica Holdings Inc. is a company operating in the energy sector, focusing on commercial silica production in the U.S. The company has shown improvement in its business model and stronger margins, with expected growth in the silica market. Risks include a potential threat to its primary business segment and concerns about its debt, but the company has made progress in paying down debt and improving its financial position.

U.S. Silica Holdings: Hard To Pass Up On This Solid Company

U.S. Silica Holdings is a manufacturer of silica-based performance material products primarily serving the oil and gas industry. Management expects to increase its presence in the markets with the development of new products, and effectively reposition the facilities owned by SLCA. Analysts expect positive free cash flow in 2024 and 2025, and further deleveraging could lead to better stock valuations.

News for U.S. Silica Holdings Stock (SLCA)