HCLP News

Hi-Crush Partners LP, “Hi-Crush” or the “Partnership”, announced today that it has completed the conversion of its corporate structure from a master limited partnership (MLP) to a C-Corporation, following the previously announced unitholder approval received on May 22, 2019. Concurrent with the conversion, the company will change its name to Hi-Crush Inc. (the “Corporation”). The Corporation’s Common Stock will be listed on the New York Stock Exchange under the symbol “HCR” beginning on June 3, 2019.

Q2 2019 Hi-Crush Inc Earnings Call

Q4 2019 Hi-Crush Inc Earnings Call

This downgrade reflects Moody's expectations that in 2020, Hi-Crush's liquidity, profitability and key credit metrics will deteriorate further due to on-going volatility in the oil and gas end market and the persistent weakness in the frac sand industry. Despite recent mine closures and production cuts, Moody's does not expect significant price recovery anytime soon, as many miners have committed to higher volume at lower prices.

Hi-Crush Inc. (NYSE:HCR), "Hi-Crush" or the "Company", today announced that the Board of Directors has approved a stock repurchase program of up to $25 million, effective immediately and authorized through June 30, 2020. “The Board authorized repurchase program and the recent purchases of shares by management reflect ongoing confidence in our strategy and strength of our balance sheet, and represents nearly 15% of our outstanding shares at last week’s closing price," said Robert E. Rasmus, Chairman and Chief Executive Officer of Hi-Crush. The Company has no restrictions with regard to stock repurchases under its senior secured revolving credit facility (the "ABL Facility") and Senior Notes due 2026.  The repurchase program does not obligate the Company to repurchase any specific dollar amount or number of shares, and may be suspended, modified or discontinued by the Board of Directors at any time, in its sole discretion and without notice.

We at Insider Monkey have gone over 738 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st. In this article, we look at what those funds think of Control4 Corp (NASDAQ:CTRL) based on that data. […]

Q3 2019 Hi-Crush Inc Earnings Call

HOUSTON, May 31, 2019 -- Hi-Crush Inc. (NYSE: HCR), or “Hi-Crush”, today announced that management will present and meet with investors at the following conferences: RBC.