Covia (CVIA), updated the dial-in information for its fourth quarter and full year 2019 earnings call taking place today. Investors are invited to listen to a live audio webcast of the conference call today at 8:30 a.m. Eastern Time by visiting the Investor Relations section of the Company's website, www.coviacorp.com. Covia is a leading provider of diversified mineral solutions to the oil and gas, glass, ceramics, coatings, metals, foundry, polymers, construction, water filtration, sports and recreation markets.
Covia (CVIA) announced today that it expects to release its fourth quarter and full year 2019 earnings before the New York Stock Exchange opens on Tuesday, March 10, 2020. The Company will hold a conference call for investors on March 10, 2020 at 8:30 a.m. Eastern Time. The call will be hosted by Richard Navarre, Chairman, President and Chief Executive Officer, and Andrew Eich, Executive Vice President and Chief Financial Officer.
Sold 6.6 million tons in the fourth quarter of 2019 and 30.5 million tons for full year 2019Generated cash flow from operating activities of $35 million in the fourth quarter of.
Shareholders in Covia Holdings Corporation (NYSE:CVIA) had a terrible week, as shares crashed 28% to US$0.90 in the...
COVIA HOLDINGS (CVIA) delivered earnings and revenue surprises of -50.00% and -10.51%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
COVIA HOLDINGS (CVIA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Covia (CVIA), a leading provider of mineral-based material solutions for the Industrial and Energy markets, today announced that it has successfully repurchased $62.9 million of its term loan at 76.8% of par, resulting in a cash outlay of $48.3 million, exclusive of fees. Following the closing of the repurchase, the Company had $343.5 million in cash. The Company expects to recognize a pre-tax gain of $13.4 million in the fourth quarter of 2019 related to this extinguishment of debt.
LAS VEGAS, Feb. 04, 2020 -- Covia announces today that DST™ dust-suppression technology is gaining significant momentum with industry-leading companies that use whole-grain.
Even as oil and natural gas production in the United States have been reaching one high after the other, the stock prices of most frack sand providers have fallen substantially.
Sold volumes of 7.8 million tons, down 5% sequentially Grew Industrial gross profit 4%, up 11% excluding the impact of asset salesReported net income from continuing operations.
Covia (CVIA) announced that, on April 8, 2020, it received notification from the New York Stock Exchange (“NYSE”) that the Company is no longer in compliance with NYSE continued listing standards, which require listed companies to maintain an average closing share price of $1.00 over a consecutive 30 trading-day period. In accordance with NYSE rules, Covia has six months from receipt of the notice to regain compliance with the NYSE’s minimum share price requirement.
Covia (CVIA), a leading provider of mineral-based material solutions for the Industrial and Energy markets, announced a series of actions taken recently to strengthen safety protocols, reduce capacity and lower costs. Reduced active Energy capacity by nearly 30% or 6 million tons annually, including the idling of the Utica, Illinois and Kermit, Texas facilities and de-rating capacity at several other facilities. Closed on a new 3-year credit facility with availability up to $75 million secured by certain of the Company’s accounts receivables.
NEW YORK, NY / ACCESSWIRE / March 10, 2020 / Covia Holdings Corp. (NYSE:CVIA) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 10, 2020 at 8:30 AM ...
The Zacks Analyst Blog Highlights: CARBO, Hi-Crush, Baker Hughes, Covia and Smart Sand
Covia (CVIA), a leading provider of mineral-based material solutions for the Industrial and Energy markets, announced today that it will hold a virtual Annual Meeting of Stockholders on May 21, 2020 (“Annual Meeting”) due to the public health impact of the COVID-19 pandemic and to support the health of its stockholders, directors, employees and community. Stockholders interested in attending the Annual Meeting are required to register by 11:59 p.m. EDT on May 18, 2020 at https://viewproxy.com/Covia/2020/. Covia urges stockholders to vote and submit proxies in advance of the Annual Meeting by one of the methods described in the proxy materials for the Annual Meeting.
COVIA HOLDINGS (CVIA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
$85 Million Committed Standby Credit Facility - The Company has received a commitment from PNC Bank, National Association for a new, 3-year credit facility for up to $85 million. The new facility is expected to bear interest of LIBOR plus 1.75% and be secured by the Company’s U.S. accounts receivable. In conjunction with the commitment, the Company has voluntarily canceled its $200 million revolving standby credit facility that contained restrictive covenants and carried a higher interest rate.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing more than 750 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of September […]
Covia Holdings (NYSE:CVIA) reported Q4 results.Quarterly Results • Earnings per share increased 553.85% over the past year to $1.18, which beat the estimate of $0.41.• Revenue of $313,307,000 lower by 29.01% year over year, which missed the estimate of $339,260,000.Details Of The Call • Date: Mar 10, 2020• Time: 12:04 PM ETView more earnings on CVIA• Webcast URL: https://ir.coviacorp.com/events-and-presentations/default.aspxPrice Action • 52-week high: $7.34• 52-week low: $1.00• Price action over last quarter: Up 39.20%Company Overview Covia Holdings is one of the leading suppliers of proppants used in hydraulic fracturing of oil and gas wells. The company produces value-added proppants such as resin-coated sand, as well as untreated "raw" frac sand. The company also supplies sand for various industrial applications. The company was formed from the 2018 merger of Fairmount Santrol and Unimin.See more from Benzinga * 20 Oil & Gas Equipment & Services Stocks Moving In Thursday's Session * 69 Energy Stocks Moving In Thursday's Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
COVIA HOLDINGS (CVIA) delivered earnings and revenue surprises of -18.60% and -9.63%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?