Hi-Crush Partners sees Q4 total sales volume 2.3M-2.5M tons
Sees Q4 total sales volumes 2.3M-2.5M tons. Volumes sold during the Q4 are expected to be negatively impacted by continued weakness in completions activity, as well as typical seasonal slowdowns. We anticipate increasing completions activity in 2019 along with refreshed E&P capital budgets, the availability of newly-built takeaway capacity in the Permian Basin, and improving supply/demand dynamics for frac sand. "We believe some of the market dynamics that coalesced in the Q3 are transitory. With some of these factors alleviating in early 2019 and throughout the coming year, we fully expect a recovery in the demand environment. There is evolving uncertainty regarding Northern White sand and we are not immune to the pressures facing the frac sand industry. However, we believe that our Mine. Move. Manage. strategy and the customer approach we have communicated are the keys to long-term success in the frac sand and logistics sector. The potential commoditization of frac sand production contributed to our original investment in the last mile. We are committed to fundamentally reorienting our business beyond the mine, including an increasing concentration on the logistics of frac sand, and serving customers through value added solutions."