January 23, 2017 7:25 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Emerge Energy Services LP

Company Overview

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 in the production of building products and foundry materials. The Fuel segment operates two terminals and two transmix processing facilities located in the Dallas-Fort Worth, Texas area, as well as in Birmingham, Alabama. This segment also engages in the sale of wholesale petroleum products; provision of third-party terminaling services; blending of renewable ...

180 State Street

Suite 225

Southlake, TX 76092

United States

Founded in 2012

Phone:

817-865-5830

Fax:

817-865-5900

Key Executives for Emerge Energy Services LP

Chief Executive Officer of Emerge Energy Services GP LLC, President of Emerge Energy Services GP LLC and Director of Emerge Energy Services GP LLC
Age: 65
Total Annual Compensation: $490.0K
Chief Financial Officer of Emerge Energy Services GP LLC
Age: 52
Total Annual Compensation: $213.2K
Vice President of Emerge Energy Services GP LLC and Director of Emerge Energy Services GP LLC
Age: 53
Total Annual Compensation: $210.0K
Compensation as of Fiscal Year 2015.

Emerge Energy Services LP Key Developments

Emerge Energy Services LP Presents at Goldman Sachs Global Energy Conference 2017, Jan-06-2017 11:00 AM

Emerge Energy Services LP Presents at Goldman Sachs Global Energy Conference 2017, Jan-06-2017 11:00 AM. Venue: The Ritz-Carlton Orlando, 4012 Central, Orlando, Florida, United States. Speakers: Richard J. Shearer, Chief Executive Officer of Emerge Energy Services GP LLC, President of Emerge Energy Services GP LLC and Director of Emerge Energy Services GP LLC.

Emerge Energy Services LP Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016; Provides Capital Expenditure Guidance for the Year 2016

Emerge Energy Services LP reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported revenue of $31,285,000 against $60,654,000 a year ago. Operating loss was $18,574,000 against $3,907,000 a year ago. Loss from continuing operations before provision for income taxes was $29,947,000 against $6,828,000 a year ago. Net loss from continuing operations was $29,955,000 or $1.24 per basic and diluted share against $6,846,000 or $0.28 per basic and diluted share a year ago. Net income was $5,117,000 or $0.21 per basic and diluted share against net loss of $11,898,000 or $0.49 per basic and diluted share a year ago. Adjusted LBITDA was $8,113,000 against adjusted EBITDA of $264,000 a year ago. Cash flows used in operating activities were $14,803,000 against cash flows from operating activities of $2,650,000 a year ago. capital expenditures for the quarter were $1.3 million. For the nine months, the company reported revenue of $85,780,000 against $225,016,000 a year ago. Operating loss was $71,270,000 against operating income of $10,939,000 a year ago. Loss from continuing operations before provision for income taxes was $92,517,000 against income from continuing operations before provision for income taxes of $2,882,000 a year ago. Net loss from continuing operations was $92,546,000 or $3.82 per basic and diluted share against net income from continuing operations of $2,596,000 or $0.11 per basic and diluted share a year ago. Net loss was $51,995,000 or $2.15 per basic and diluted share against net income of $477,000 or $0.02 per basic and diluted share a year ago. Adjusted LBITDA was $26,706,000 against adjusted EBITDA of $46,852,000 a year ago. Cash flows used in operating activities were $27,835,000 against cash flows from operating activities of $42,563,000 a year ago. The company currently expects total capital expenditures for 2016 to be below $15 million.

Emerge Energy Services LP to Report Q3, 2016 Results on Nov 02, 2016

Emerge Energy Services LP announced that they will report Q3, 2016 results Pre-Market on Nov 02, 2016

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Recent Private Companies Transactions

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Private Placement
August 8, 2016
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