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U.S. Silica Holdings Inc. (NYSE: SLCA) delivers essential commercial silica solutions through integrated mining, processing, and logistics operations. This news hub provides investors and industry professionals with direct access to the company’s latest press releases, regulatory filings, and strategic updates.
Track critical developments including quarterly earnings reports, operational expansions, and innovations in materials science. Our curated collection ensures timely updates on SLCA’s advancements in oil & gas support services and industrial mineral applications.
Discover announcements related to supply chain enhancements, sustainability initiatives, and market leadership in commercial silica production. All content is sourced from official company communications to maintain accuracy and compliance.
Bookmark this page for streamlined access to SLCA’s evolving business narrative. Check regularly for updates reflecting the company’s role in powering industrial growth through high-performance mineral solutions.
U.S. Silica Holdings (NYSE: SLCA) reported a net income of $22.9 million, or $0.29 per diluted share, for Q2 2022, marking a significant recovery from a net loss of $8.4 million in Q1. Revenue grew 27% sequentially to $388.5 million, driven by strong customer demand. Adjusted EBITDA surged 77% to $93.8 million. The Oil & Gas segment saw a 39% increase in revenue, while the Industrial & Specialty Products segment grew 12%. The company repurchased $100 million of debt at a discount, contributing to a strong cash flow of $88.1 million.
U.S. Silica Holdings, Inc. (NYSE: SLCA) will release its Q2 2022 financial results before the NYSE opens on July 29, 2022. Investors can join a conference call on the same day at 7:30 a.m. CT, led by CEO Bryan Shinn and CFO Don Merril. The call will be accessible via webcast on the company's website and by telephone. U.S. Silica is a leading producer of commercial silica with over 600 diversified products, operating 24 mines and facilities. It has a notable presence in the oil and gas sector and is a member of the Russell 2000.
On July 12, 2022, U.S. Silica Holdings, Inc. (SLCA) completed a $100 million voluntary repayment of its term loan principal, using excess cash. The repayment was made at a discount to par, enhancing the company's balance sheet and lowering leverage. CEO Bryan Shinn emphasized the strong business performance and commitment to generating free cash flow and investing in growth projects. U.S. Silica is a leading producer of commercial silica and operates 24 facilities, focusing on logistics and supply for the oil and gas industry.
U.S. Silica Holdings, Inc. (NYSE: SLCA) has concluded its review of strategic alternatives for its Industrial & Specialty Products (ISP) segment, deciding to maintain ownership rather than pursue a sale. The Board believes this path maximizes shareholder value, especially as market conditions and cash flow generation improve. The decision comes following engagement with industry parties and private equity investors. Additionally, the company is exploring refinancing its debt to enhance financial flexibility. CEO Bryan Shinn noted a significant rebound in energy prices, contributing to rising profitability and cash generation.
U.S. Silica Holdings (NYSE: SLCA) reported a net loss of $8.4 million or $0.11 per diluted share for Q1 2022, an improvement from a $19 million loss in Q4 2021. Revenue rose 7% sequentially to $304.9 million, driven by strong customer demand, particularly in the Oil & Gas segment, which saw an 11% revenue increase to $176.2 million. Adjusted EBITDA grew 26% to $52.9 million. Despite challenges like increased operating costs, the outlook for Q2 2022 remains optimistic, with expectations of enhanced financial performance and continued growth in oil and gas demand.
U.S. Silica Holdings, Inc. (NYSE: SLCA) announced a price increase for most of its non-contracted silica sand, aplite, diatomaceous earth, and clay products, effective June 1, 2022. The price hikes will range from 8% to over 25%, depending on the product and grade. This decision aims to offset significant cost increases in energy, labor, transportation, materials, and manufacturing. U.S. Silica is a leading producer in the performance materials sector, operating 24 mines and production facilities.
U.S. Silica Holdings, Inc. (NYSE: SLCA) has announced a price increase of up to 25% on most of its non-contracted diatomaceous earth, perlite, and cellulose products, effective from May 15, 2022. This decision is attributed to rising inflationary pressures in raw materials, packaging, labor, logistics, and maintenance costs. These products are primarily used in food and beverage filtration, renewable diesel, catalysts, paints, coatings, plastics, and industrial oil.
U.S. Silica Holdings, Inc. (NYSE: SLCA) will release its Q1 2022 financial results before the NYSE opens on April 29, 2022. A conference call for investors will follow the release at 7:30 a.m. Central Time on the same day, hosted by CEO Bryan Shinn and CFO Don Merril. Investors can access the live webcast on the company's website, with options for telephone access and replay. U.S. Silica, a leading producer of commercial silica, operates 24 facilities and offers over 600 products to various industries.
U.S. Silica Holdings (NYSE: SLCA) reported a net loss of $19 million, or $0.25 per share, for Q4 2021, impacted by $3.5 million in merger-related expenses. In contrast, Q4 2020 saw net income of $4.6 million. Full-year revenue rose 30% to $1.1 billion, with a net loss of $33.8 million, significantly improved from a $114.1 million loss in 2020. Fourth quarter revenue of $284.9 million increased 25% year-over-year, while overall tons sold increased by 48%. The company anticipates strong demand growth and positive cash flow in 2022.
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