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Non-Tech : U.S. Silica Holdings, Inc
SLCA 15.49-0.1%Jul 31 5:00 PM EST

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From: JakeStraw2/25/2015 8:58:16 AM
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U.S. Silica Holdings, Inc. Announces Fourth Quarter and Full Year 2014 Results
finance.yahoo.com

Revenue for the quarter and the full year up 67% and 61%, respectively

Full year overall tons sold increased 34% to 10.9 million tons

Oil and Gas tons sold for the year up over 65% versus the same period last year

Net income for the full year of $121.5 million or $2.26 per basic share

"2014 was our best year by almost every measure, as evidenced by our record financial results and the substantial progress we made toward driving more speed, scale and strength across our organization," said Bryan Shinn, president and chief executive officer. "We expect 2015 to be a challenging year in light of lower oil prices but we have built our business and our balance sheet to capitalize on this type of market environment. Ultimately, I believe U.S. Silica will emerge as an even stronger company once oil and gas markets recover."
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