Hi Crush Inc. (HCR)

Oil & Gas Equipment Services

Hi-Crush Inc. is a pure-play domestic producer & supplier of premium monocrystalline sand (aka frac sand), a specialized mineral used as a proppant to improve recovery rates in hydraulic fracking. The Company’s reserves consist of “Northern White” sand, which exists predominately in Wisconsin, along with local Texas sand in the Permian basin. Northern White is regarded as a highly valuable proppant as it exceeds all of the American Petroleum Institute’s (API) specifications, and can be used in deeper wells because of its higher crush strength. The Company’s nameplate capacity amounts to production of 17,280,000 tons per year.