Emerge Energy Services LP acquires, owns, operates, and develops a portfolio of energy service assets in the United States. The company operates in two segments, Sand and Fuel. The Sand segment is involved in the production and sale of various grades of industrial sand primarily used in the extraction of oil and natural gas, as well as the production of building products and foundry materials. The Fuel segment operates 2 terminals and 2 transmix processing facilities located in the Dallas-Fort Worth, Texas area and Birmingham, Alabama. This segment is also engaged in the sale of wholesale petroleum products; provision of third-party terminaling services; blending of renewable fuels; and prov...
180 State Street
Southlake, TX 76092
Founded in 2012
Emerge Energy Services LP Presents at 2014 Citi One-on-One MLP / Midstream Infrastructure Conference, Aug-19-2014
Aug 14 14
Emerge Energy Services LP Presents at 2014 Citi One-on-One MLP / Midstream Infrastructure Conference, Aug-19-2014 . Venue: Encore at Wynn Las Vegas, 3121 Las Vegas Boulevard South, Las Vegas, NV 89109, United States.
Emerge Energy Services LP Announces Quarterly Distribution, Payable on August 14, 2014
Aug 7 14
On August 24, 2014, Emerge Energy Services LP announced the distribution of $1.17 per unit for the second quarter of 2014, which is scheduled to be paid on August 14, 2014 to common unit holders of record on August 6, 2014.
Emerge Energy Services LP Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014
Aug 6 14
Emerge Energy Services LP reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues of $298,273,000 against $204,929,000 a year ago. Operating income was $22,173,000 against $197,000 a year ago. Income before provision for taxes was $20,262,000 against loss before provision for taxes of $4,043,000 a year ago. Net income was $20,092,000 against net loss of $4,138,000 a year ago. Adjusted EBITDA was $23,184,000 against $14,125,000 a year ago. Earning per basic and diluted share was $0.83 against loss per share of $0.31 a year ago. The company had $3.0 million of capital expenditures during the three months ended June 30, 2013, including $0.4 million in maintenance capital expenditures, of which $0.3 million was incurred from the period commencing May 14, 2013, through June 30, 2013.
For the six months, the company reported total revenues of $572,354,000 against $356,984,000 a year ago. Operating income was $42,213,000 against $14,311,000 a year ago. Income before provision for taxes was $38,837,000 against $5,900,000 a year ago. Net income was $38,578,000 against $5,775,000 a year ago. Adjusted EBITDA was $45,421,000 against $26,784,000 a year ago. Earning per basic and diluted share was $1.60 against loss per share of $0.31 a year ago.