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HCLP

Hi-Crush Partners

$13.20

-0.825 (-5.88%)

17:54
05/25/18
05/25
17:54
05/25/18
17:54

Hi-Crush Partners provides update on bulldozer incident in Whitehall facility

Hi-Crush Partners provided the following update regarding the incident which occurred at the company's Whitehall facility on May 21. "On Monday May 21, 2018, a bulldozer operated by a worker from Gerke Excavating, Inc. became submerged in a detention pond at our Whitehall facility," said Scott Preston, COO of Hi-Crush. "Other workers on the scene promptly called emergency responders and immediately implemented our safety and rescue plan. This included reducing the amount of water in the pond, which allowed for a life-saving rescue. We salute the efforts of all those who were involved in the operators rescue, are proud of our team's quick thinking, and are grateful that the bulldozer operator was able to return to his family. The emergency release of an estimated 10 million gallons of water was necessary in the successful effort to rescue the bulldozer operator. The water that was released to rescue the operator contained silt, clay and sand. As part of the regulatory framework governing our industry, we conduct analysis of water discharged from our facility, and those tests have shown no indication of substances that are harmful to wildlife, humans or the environment. "We have initiated a clean-up effort in consultation with the state Department of Natural Resources (DNR) and local officials. This includes installing sediment and run off barriers to contain and capture the silt; repairing the berm on the pond to prevent further drainage; starting to clean up the neighboring properties; and planning appropriate clean-up efforts in consultation with DNR staff."

HCLP Hi-Crush Partners
$13.20

-0.825 (-5.88%)

12/15/17
RILY
12/15/17
NO CHANGE
RILY
Hi-Crush Partners added to Alpha Generator list at B. Riley FBR
B. Riley FBR analyst Lucas Pipes added Hi-Crush Partners to his firm's Alpha Generator list.
12/29/17
PIPR
12/29/17
NO CHANGE
Target $11.75
PIPR
Overweight
Hi-Crush Partners estimates raised on frac strength at Piper Jaffray
To reflect continued strength in the frac sand market, Piper Jaffray analyst John Watson raised his Q4 EBITDA estimate for Hi-Crush Partners to $258M from $253M. The analyst keeps an Overweight rating on the shares with an $11.75 price target. Hi-Crush continues to screen positively among the sand names due to its significant market share in Appalachia, Watson tells investors in a research note.
02/14/18
RFLF
02/14/18
INITIATION
Target $23
RFLF
Buy
Hi-Crush Partners initiated with a Buy at RF Lafferty
RF Lafferty initiated Hi-Crush Partners with a Buy and $23 price target.
04/12/18
SPHN
04/12/18
INITIATION
Target $16
SPHN
Overweight
Hi-Crush Partners initiated with an Overweight at Stephens
Stephens analyst Tommy Moll started Hi-Crush Partners with an Overweight rating and $16 price target, stating that he expects rapid top and bottom-line growth given its fully integrated frac sand platform and first-mover advantage in the Permian.

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TRIL

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T

AT&T

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AAL

American Airlines

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  • 26

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ZN

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SBUX

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EQH

AXA Equitable

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  • 20

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EQH

AXA Equitable

$20.94

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  • 20

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BAESY

BAE Systems

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ATNI

ATN International

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WBA

Walgreens Boots Alliance

$64.61

0.47 (0.73%)

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General Electric

$12.96

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  • 28

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HPE

HP Enterprise

$15.90

-0.02 (-0.13%)

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  • 10

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