sandboxlogistics-blog

[sandboxlogistics-blog]

SandBox Logistics Positioned for Growth in Fracking Services Sector

Based in Houston, SandBox Logistics offers growth-driven solutions focused on last-mile logistics for hydraulic fracturing operators. A recent article in The Motley Fool brought focus to SandBox Logistics’ growth potential in context of its August 2016 acquisition by U.S. Silica Holdings, Inc. The latter company strengthened its industry position in 2016 through a pair of public equity offerings that successfully raised more than $650 million. The proceeds enabled what were described as “strategic, highly accretive” acquisitions of SandBox and NBR Sands. The transactions proved successful, with SandBox exceeding expectations and expanding business by adding new customers. In a major February announcement, Halliburton named the company as its containerized sand delivery preferred provider. This expansion trend is expected to sustain itself, as sand sales continue to rise and U.S. Silica looks toward a doubling of its gas and oil production to in excess of 20 million tons annually. SandBox provides a key “market differentiator” role that sets the company apart from competitors as a provider of turnkey oil field solutions.

[sandboxlogistics-blog]

SandBox Logistics, LLC, Boosts Revenue Growth of U.S. Silica Holdings

Under the management of U.S. Silica Holdings, Inc., SandBox Logistics, LLC, is a leading provider of end-to-end frac sand solutions that combine innovation with cost-effectiveness. In its role as an oil field services provider, SandBox Logistics, LLC, emphasizes logistics chain solutions that decrease safety-related issues and meet the needs of major resource producers and distributors. As reported by Zacks Equity Research in April, 2017, the acquisition of SandBox’s logistics capacities has been a positive for the U.S. Silica, with per-share earnings accretion of between 20 to 30 cents expected through the end of the year. In early 2017, U.S. Silica achieved net sales of $182.4 million, which represents a 34 percent year-on-year increase and surpassed the $174 million Zacks consensus estimate. One recent boost to the SandBox profile has been its selection by Halliburton as a preferred provider of containerized sand delivery solutions. This promises to accelerate the firm’s growth and amplify its unique “last-mile component” value proposition for companies seeking to maintain competitive fracking operations.

[sandboxlogistics-blog]

North American Frac Sand Exhibition and Conference Benefits Industry

SandBox Logistics is a company that helps oil and gas sector firms streamline the process of handling and transporting frac sand to and from the sites of oil and gas operations in the state of Texas. SandBox Logistics and other firms dedicated to the safe control and transport of frac sand have the opportunity to gather and network every year at the North American Frac Sand Exhibition and Conference. The most recent North American Frac Sand Exhibition and Conference was held between February 22nd and 23rd, 2017, at the Westin Galleria in Houston, Texas. Open to members of the exploration and production sector from both the United States and Canada, attendees of the conference listened to presentations based on the themes of frac sand logistics, exploration and production demand, and market forecasts. The event’s website noted that those professionals who attended the event would gain advantages such as a comprehensive understanding of the market currently surrounding high-grade proppant, knowledge of the latest development plans for the future of rail infrastructure, and exposure to new perspectives about the logistics and price of transporting frac sand between multiple delivery points.

[sandboxlogistics-blog]

Halliburton Selects SandBox as Its Preferred Provider for Last Mile Logistics

HOUSTON--(BUSINESS WIRE)--Halliburton (NYSE: HAL) today announced it has selected SandBox Logistics, a U.S. Silica company (NYSE: SLCA) as its preferred provider for containerized sand delivery, pursuant to a long-term agreement.

Sandbox’s delivery solution offers significantly improved operating efficiencies, a safer work environment and cost savings relative to current proppant delivery systems. “Logistics is an important part of the supply chain and one of the parts that gets the tightest in today’s environment is the last-mile component,” said Jeff Miller, president of Halliburton. “Sandbox’s containerized system helps enhance our ability to provide our customers with better service quality by providing a safer, more efficient delivery system.”

“We’re very pleased to be chosen by Halliburton to provide a proven containerized delivery solution which will enable them to flex quickly with customers and markets and maximize the value of their logistics assets,” said Bryan Shinn, U.S. Silica president and chief executive officer. “Our agreement with Halliburton further establishes Sandbox as an industry leader in last mile containerized delivery solutions.”

About Halliburton

Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With approximately 50,000 employees representing 140 nationalities, and operations in approximately 70 countries, the company serves the upstream oil and gas industry throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction, completion and production optimization. Visit the company’s website at www.halliburton.com. Connect with Halliburton on Facebook, Twitter, LinkedIn, and YouTube.

About U.S. Silica

U.S. Silica Holdings, Inc., a member of the Russell 2000, is a leading producer of commercial silica used in the oil and gas industry, and in a wide range of industrial applications. Over its 117-year history, U.S. Silica has developed core competencies in mining, processing, logistics and materials science that enable it to produce and cost-effectively deliver over 260 products to customers across our end markets. The Company currently operates nine industrial sand production plants and nine oil and gas sand production plants. The Company is headquartered in Frederick, Maryland and also has offices located in Chicago, Illinois, and Houston, Texas.

[sandboxlogistics-blog]

Sandbox Logistics an Integral Part of U.S. Silica’s Expansion Strategy

Based in Houston, Sandbox Logistics, LLC, is a provider of efficient transportation solutions that make the delivery of proppant from fracking sites safer and more reliable. In late February, 2017, Sandbox Logistics’ parent company U.S. Silica held a conference call focused on its fourth quarter and full-year 2016 earnings. The news was largely positive, with total revenue increasing by nearly one-third to $182.4 million and the adjusted EBITDA increasing by 150 percent to $20.7 million. U.S. Silica placed a particular emphasis on providing innovative end-to-end frac-sand solutions that position it for further expansion. U.S. Silica also raised $650 million through a pair of public equity offerings, with one of these providing the capital to complete acquisitions of Sandbox Logistics and NBR Sand. U.S. Silica president and CEO Bryan Shinn described a core strategy going forward that involves making capital investments that will deliver in excess of 80 Sandbox fleets by the end of the year.