Emerge Energy Services Says the Frack Sand Market is Softening, but It's the Only One -- The Motley Fool
collected by :Victor Alphen
referring to Not only did the company miss expectations, management indicated that it was seeing a minor slowdown in the frack sand market. Funny thing, though: There aren't many other frack sand suppliers echoing that sentiment. By the numbersMetric Q2 2017 Q1 2018 Q2 2018 Revenue $101.8 million $106.7 million $82.6 million EBITDA $21.5 million $16.9 million $7.3 million Diluted EPS $0.30 $0.05 ($0.20) Distributable cash flow $17.3 million $8.7 million $2.6 millionEmerge's revenue and earnings seem to be stalling out a bit lately. Not in the best competitive positionOver the past 18 months, every frack sand supplier has benefited from the same macro trends. Now that those trends have played out, and the frack sand market is becoming more competitive again, the wheat is getting separated from the chaff.
referring to Not only did the company miss expectations, management indicated that it was seeing a minor slowdown in the frack sand market. Funny thing, though: There aren't many other frack sand suppliers echoing that sentiment. By the numbersMetric Q2 2017 Q1 2018 Q2 2018 Revenue $101.8 million $106.7 million $82.6 million EBITDA $21.5 million $16.9 million $7.3 million Diluted EPS $0.30 $0.05 ($0.20) Distributable cash flow $17.3 million $8.7 million $2.6 millionEmerge's revenue and earnings seem to be stalling out a bit lately. Not in the best competitive positionOver the past 18 months, every frack sand supplier has benefited from the same macro trends. Now that those trends have played out, and the frack sand market is becoming more competitive again, the wheat is getting separated from the chaff.
Co-Ops Add Competition To Solar Energy Market
Co-Ops Add Competition To Solar Energy MarketMINNEAPOLIS (WCCO) — Solar energy is getting more popular in Minnesota, and so are the ways consumers pay for it. Solar panel installation usually costs around $15,000 up front, but the state's co-ops aim to save consumers 10 to 30 percent of that. People join one of Minnesota's six solar co-ops for free in six different communities, including Minneapolis and Bemidji. Each group within the co-op needs to get to 30 households, and once it does, the group sends a request out to nearby companies. The 30+ homeowners will then pick their favorite bidder and installation will happen from there.ACCC Says Energy Market Is Broken, Customers to 'Save Hundreds' From Reset
As it stated in ACCC Says Energy Market Is Broken, Customers to 'Save Hundreds' From ResetA report released by consumer watchdog the Australian Competition and Consumer Commission sent shockwaves through the nation's energy sector on July 11. "The National Electricity Market is largely broken and needs to be reset," ACCC Chair Rod Sims said in a press release. The second most costly factor was an increase in wholesale electricity generation costs, which added another 27 percent. RecommendationsTo address high electricity prices, the report has laid out 56 recommendations for federal and state governments to implement. It requires retailers to purchase a minimum level of electricity generation that can be sent out continually or on demand.We Need To Act Now To Create A Fairer Energy Market For Disabled People In The Long-term
AdvertisementHowever, whilst this is a start, this measure will only go so far in reducing high energy costs for disabled people. Disabled people we speak to say they face a number of challenges as energy consumers - from navigating the market and finding the best deal, to getting the right support from energy suppliers. We also need to see reform of schemes designed to support energy customers, such as the Warm Home Discount. But for this to happen, the Government – working with the regulator Ofgem, energy suppliers, disability organisations and disabled people themselves – must develop a long-term plan for truly tackling the extra energy costs faced by disabled people. This is vital to create an energy market that works for disabled people like Sarah Jane.
Comments
Post a Comment