Hi-Crush Partners LP (HCLP): An updated Net Income & Cash Flow Forecast model has been posted under the MLP Tab.
This one appears to be getting a bit ahead of itself. Demand for their frac sand is way up and I may be underestimating the price per ton in my forecast model.
HCLP
Re: HCLP
Wunderlich initiated coverage with a HOLD.
I do think it is now looking a little "pricy". HCLP is doing great, but it is getting harder for me to see much price appreciation from this lofty level.
Upside is possible if they establish supply centers in the major shale plays. That is their plan.
Demand for frac sand remains sky high.
I do think it is now looking a little "pricy". HCLP is doing great, but it is getting harder for me to see much price appreciation from this lofty level.
Upside is possible if they establish supply centers in the major shale plays. That is their plan.
Demand for frac sand remains sky high.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group