Carbo

Completion Delays, Dropped Rigs Seen Weighing on Proppant Company Results

Completion Delays, Dropped Rigs Seen Weighing on Proppant Company Results

Earnings by the North American oilfield services (OFS) operators and producers are coming in as expected, lower sequentially and from a year ago, foreshadowing weakness for the proppant companies as the onshore rig count continues to decline.

April 27, 2015
Completion Delays, Dropped Rigs Seen Weighing on Proppant Company Results

Completion Delays, Dropped Rigs Seen Weighing on Proppant Company Results

Earnings by the North American oilfield services operators and producers are coming in as expected, lower sequentially and from a year ago, foreshadowing weakness for the proppant companies as the onshore rig count continues to decline.

April 27, 2015
Carbo Mothballs Proppant Facility

Carbo Mothballs Proppant Facility

Carbo Ceramics Inc. is mothballing a proppant manufacturing facility in McIntyre, GA, due to a lack of business.

March 10, 2015