U.S. Silica Prices Will Increase Up To 20% On Industrial And Specialty Products

5/15/24 4:37:44 PM ET

Mining & Quarrying of Nonmetallic Minerals (No Fuels)

Industrials

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U.S. Silica Holdings, Inc. (NYSE:SLCA) announced today that its Industrial and Specialty Products segment will increase prices for most of its non-contracted silica, aplite, diatomaceous earth, clay, perlite, and cellulose products used primarily in glass, filtration, foundry, paints, coatings, elastomers, roofing, chemicals, recreation, building products, renewable diesel, industrial oil, and other applications.

Price increases will range up to 20% depending on the product and grade and go into effect for shipments beginning July 1, 2024.

These price increases are necessary to help offset significant and continuing cost increases as well as support continued reinvestment in the business.

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Recent Analyst Ratings for
$SLCA

Date	Price Target	Rating	Analyst
4/3/2023	$17.00	Underweight → Equal Weight	Barclays
7/13/2022	$15.00	Underweight → Equal-Weight	Morgan Stanley
6/14/2022	$20.00	In-line → Outperform	Evercore ISI
5/2/2022	$20.00	Outperform → In-line	Evercore ISI
12/7/2021	$11.00 → $12.00	Underweight	Morgan Stanley
8/3/2021	$10.00 → $11.00	Underweight	Morgan Stanley
7/9/2021	$8.00 → $10.00	Underweight	Morgan Stanley

More analyst ratings

U.S. Silica Holdings, Inc. Reports First Quarter 2024 Results
GAAP and adjusted EPS for the quarter of $0.17 and $0.20 per diluted share, respectivelyIndustrial and Specialty Products segment contribution margin increased 7% year over yearTotal tonnage sold companywide increased 6% sequentiallyCash flow from operations of $40.9 million for the quarterCompleted term loan repricing and extinguished additional $25 million of debtReceived credit rating upgrades from Moody's and S&P GlobalCompany enters into definitive agreement to be acquired by Apollo Funds for $1.85 billionKATY, Texas, April 26, 2024 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE:SLCA) (the "Company"), a diversified industrial minerals company and the leading last-mile logistics provid
4/26/24 7:01:00 AM ET
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Mining & Quarrying of Nonmetallic Minerals (No Fuels)
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U.S. Silica Enters Into Definitive Agreement to Be Acquired by Apollo Funds for $1.85 Billion
U.S. Silica Stockholders to Receive $15.50 Per Share in Cash KATY, Texas, April 26, 2024 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE:SLCA) (the "Company"), a diversified industrial minerals company and a leading last-mile logistics provider to the oil and gas industry, announced today that it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo (NYSE:APO) (the "Apollo Funds"), one of the world's premier investment firms, in an all-cash transaction that values the Company at an enterprise value of approximately $1.85 billion. Unde
4/26/24 7:00:00 AM ET
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Mining & Quarrying of Nonmetallic Minerals (No Fuels)
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U.S. Silica Announces Timing of Earnings Release and Investor Call
KATY, Texas, April 12, 2024 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE:SLCA) announced today that it will release its first quarter 2024 financial results before the New York Stock Exchange opens on Friday, April 26, 2024. Conference Call and Supporting Materials This release will be followed by a conference call for investors on Friday, April 26, 2024, at 7:30 a.m. Central Time to discuss the results. Hosting the call will be Bryan Shinn, Chief Executive Officer, and Kevin Hough, interim Executive Vice President and Chief Financial Officer. Investors are invited to list
4/12/24 4:15:00 PM ET
$SLCA
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
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U.S. Silica Completes Transaction with Apollo Funds
KATY, Texas and NEW YORK, July 31, 2024 /PRNewswire/ -- U.S. Silica Holdings, Inc. ("U.S. Silica" or the "Company"), a diversified minerals company and a leading last-mile logistics provider to the oil and gas industry, and Apollo (NYSE:APO) today announced that funds managed by affiliates of Apollo (the "Apollo Funds") have completed the previously announced acquisition of the Company. The Company will continue to operate under the U.S. Silica name and brand and will continue to be led by Bryan Shinn and the existing executive team. Mr. Shinn, Chief Executive Officer of U.S.
7/31/24 2:56:00 PM ET
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Avantor Set to Join S&P MidCap 400; QuidelOrtho & Schneider National to Join S&P SmallCap 600
NEW YORK, July 23, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Avantor Inc. (NYSE:AVTR) will replace QuidelOrtho Corp. (NASD:QDEL) in the S&P MidCap 400, and QuidelOrtho will replace Hibbett Inc. (NASD:HIBB) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, July 26. JD Sports Fashion Plc (XLON: JD) is acquiring Hibbett in a deal expected to close soon pending final closing conditions.Schneider National Inc. (NYSE:SNDR) will replace U.S. Silica Holdings Inc. (NYSE:SLCA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, July 31. Apollo Global Management Inc. (NYS
7/23/24 7:17:00 PM ET
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U.S. Silica Announces Stockholder Approval of Acquisition by Apollo Funds
KATY, Texas, July 16, 2024 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE:SLCA) (the "Company"), a diversified industrial minerals company and a leading last-mile logistics provider to the oil and gas industry, announced today that its previously announced agreement to be acquired by funds managed by affiliates of Apollo (NYSE:APO) ("Apollo"), one of the world's premier investment firms, in an all-cash transaction (the "Merger"), was approved at a special meeting of the Company's stockholders (the "Special Meeting") on July 16, 2024. The closing of the Merger remains subject to the terms and conditions of the agreement. Subject to such terms and conditions, the Company expects that closing
7/16/24 4:15:00 PM ET
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Leadership Updates

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Avantor Set to Join S&P MidCap 400; QuidelOrtho & Schneider National to Join S&P SmallCap 600
NEW YORK, July 23, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Avantor Inc. (NYSE:AVTR) will replace QuidelOrtho Corp. (NASD:QDEL) in the S&P MidCap 400, and QuidelOrtho will replace Hibbett Inc. (NASD:HIBB) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, July 26. JD Sports Fashion Plc (XLON: JD) is acquiring Hibbett in a deal expected to close soon pending final closing conditions.Schneider National Inc. (NYSE:SNDR) will replace U.S. Silica Holdings Inc. (NYSE:SLCA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, July 31. Apollo Global Management Inc. (NYS
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Simon Bates Appointed to DMC Global's Board of Directors
BROOMFIELD, Colo., June 25, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (NASDAQ:BOOM) today announced that its board of directors has elected Simon Bates as an independent director. Mr. Bates joins the DMC board with nearly 30 years of leadership experience in the building products industry. He previously was CEO of Argos North America, one of the largest U.S. cement and ready-mix concrete producers, from October 2022 to January 2024, when Argos was sold to Summit Materials. He also served as president, CEO and director of GCP Applied Technologies Inc., from October 2020 to October 2022, when the company was acquired by Saint-Gobain. GCP was a leading global provider of construction prod
6/25/24 4:20:09 PM ET
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Mining & Quarrying of Nonmetallic Minerals (No Fuels)
U.S. Silica Appoints Chief Accounting Officer
KATY, Texas, Dec. 15, 2023 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE:SLCA), a diversified industrial minerals company and the leading last-mile logistics provider to the oil and gas industry, today announced that it has appointed Gene Padgett as its Vice President, Chief Accounting Officer and Controller effective December 18, 2023. In this role, Mr. Padgett will report to Kevin Hough, the Company's interim Executive Vice President and Chief Financial Officer. Mr. Padgett has over 25 years of accounting and financial experience. Most recently, he has served since 2022 a
12/15/23 4:15:00 PM ET
$SLCA
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Industrials

U.S. Silica Prices Will Increase Up To 20% On Industrial And Specialty Products

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Recent Analyst Ratings for $SLCA

$SLCA SEC Filings

SEC Form 15-12G filed by U.S. Silica Holdings Inc.

SEC Form S-8 POS filed by U.S. Silica Holdings Inc.

SEC Form S-8 POS filed by U.S. Silica Holdings Inc.

$SLCA Analyst Ratings

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$SLCA Financials

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U.S. Silica upgraded by Barclays with a new price target

U.S. Silica upgraded by Morgan Stanley with a new price target

U.S. Silica upgraded by Evercore ISI with a new price target

U.S. Silica Holdings, Inc. Reports First Quarter 2024 Results

U.S. Silica Enters Into Definitive Agreement to Be Acquired by Apollo Funds for $1.85 Billion

U.S. Silica Announces Timing of Earnings Release and Investor Call

$SLCA Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G filed by U.S. Silica Holdings Inc.

SEC Form SC 13G/A filed by U.S. Silica Holdings Inc. (Amendment)

SEC Form SC 13G filed by U.S. Silica Holdings Inc.

$SLCA Insider Trading

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Director Shaver Charles W returned $2,382,102 worth of shares to the company (153,684 units at $15.50), closing all direct ownership in the company (SEC Form 4)

CEO Shinn Bryan Adair returned $26,592,994 worth of shares to the company (1,715,677 units at $15.50) and returned $12,251,076 worth of Performance-Based Restricted Stock Units to the company (790,392 units at $15.50), closing all direct ownership in the company (SEC Form 4)

Director Duren Diane K returned $1,596,918 worth of shares to the company (103,027 units at $15.50), closing all direct ownership in the company (SEC Form 4)

$SLCA Market Insights

Live Market Insights

Schneider National To Replace U.S. Silica Holdings In S&P SmallCap 600, Effective Prior To Opening Of Trading On July 31

U.S. Silica Stockholders Approve Acquisition By Apollo Funds; Terms Not Disclosed