SLCA Stock Recent News

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

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

U.S. Silica's (SLCA) operational performance continues to generate a significant cash flow, giving it the opportunity to pay off additional debt and strengthen its balance sheet.

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 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.

KATY, Texas , Aug. 31, 2023 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA), announced today that Bryan Shinn, U.S. Silica's Chief Executive Officer, will participate in the following investor conferences during September, which can be heard via a live webcast. Barclays CEO Energy-Power Conference  September 6, 2023, at 3:00 p.m.

The contribution margin in U.S. Silica's (SLCA) Oil and Gas unit rose in Q2 on higher sand prices, reduced operational costs and increased transportation margins for SandBox.

Strong customer demand and higher sand prices are likely to have driven contribution margins in U.S. Silica's (SLCA) Oil & Gas segment in Q2.

KATY, Texas , July 14, 2023 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) announced today that it will release its second quarter 2023 financial results after the New York Stock Exchange closes on Thursday, July 27, 2023. Conference Call and Supporting Materials This release will be followed by a conference call for investors on Friday, July 28, 2023, at 7:30 a.m.

U.S. Silica (SLCA) is committed to improving its leverage profile as part of its long-term strategy for capitalizing on future growth opportunities and increasing shareholder value.