2014 Press Releases

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December 08, 2014U.S. Silica to Upsize Senior Secured Term Loan to $500 Million
FREDERICK, Md., Dec. 8, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced the upsizing of its senior secured term loan with BNP Paribas by an additional $135 million to a total of approximately $500 million. U.S. Silica President and Chief Executive Officer Bryan Shinn said, "Upsizing our term loan further enhances our already strong balance sheet and provides us with additional flexibility to facilitate our disciplined approach to capital allocation, which includes... 
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December 03, 2014U.S. Silica to Participate in 2014 Wells Fargo Energy Symposium
FREDERICK, Md., Dec. 3, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced that Bryan Shinn, president and chief executive officer and other members of the management team will participate in the following conference. 2014 Wells Fargo Energy Symposium – New York Dec. 10 - 1:00 pm EST Discussion will last approximately 40 minutes. Management will meet with institutional investors throughout this event. Please note:  the presentation will be posted on the company'... 
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November 06, 2014U.S. Silica to Participate in Upcoming Investor Conferences
FREDERICK, Md., Nov. 6, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced that Bryan Shinn, president and chief executive officer and other members of the management team will participate in the following investor conferences during the fourth quarter of 2014: Stephens 2014 Fall Investment Conference – New York Nov. 11 - 10:00am EST Discussion will last approximately 45 minutes. Bank of America 2014 Global Energy Conference – Miami Beach, FL Nov. 13 - 10:30am ... 
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October 29, 2014U.S. Silica Holdings, Inc. Announces Third Quarter 2014 Results
In the news release, U.S. Silica Holdings, Inc. Announces Third Quarter 2014 Results, issued 29-Oct-2014 by U.S. Silica Holdings, Inc. over PR Newswire, we are advised by the company that in the third subheadline; in the second bullet under "Total Company"; in the second bullet under "Oil and Gas"; and in the second bullet under "Industrial and Specialty Products," there are six instances that should read "million tons" rather than "thousand tons" as originally issued inadvertently. The complete... 
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October 24, 2014U.S. Silica Declares Quarterly Dividend
FREDERICK, Md., Oct. 24, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) announced today that its Board of Directors has declared a quarterly cash dividend of $0.125 per common share. The dividend is payable on Jan. 5, 2015 for all shareholders of record as of the close of business on Dec. 15, 2014. About U.S. Silica U.S. Silica Holdings, Inc., a member of the Russell 2000, is a leading producer of commercial silica used in the oil and gas industry, and in a wide range of indu... 
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October 15, 2014U.S. Silica Named America's Best Small Company by Forbes
FREDERICK, Md., Oct. 15, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) announced today that it has been named to Forbes' 36th annual list of America's Best Small Companies. U.S. Silica was ranked number one out of 100 companies with annual sales under $1 billion. The rankings are based on return on equity, sales growth and earnings growth over the past year, as well as the past five years. Forbes also factors in stock performance versus each company's peer group during the last 12... 
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October 09, 2014U.S. Silica Announces Timing of Earnings Release and Investor Call
FREDERICK, Md., Oct. 9, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA)  announced today that it will release its third quarter 2014 results after the New York Stock Exchange closes on Wednesday, Oct. 29, 2014. This release will be followed by a conference call for investors on Thursday, Oct. 30, 2014 at 9:00 a.m. Eastern Time to discuss U.S. Silica's third quarter 2014 financial results. Hosting the call will be Bryan Shinn, President and Chief Executive Officer and Don Merril, Vic... 
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September 10, 2014U.S. Silica Increasing Full Year 2014 Adjusted EBITDA Guidance
FREDERICK, Md., Sept. 10, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) announced today that it is increasing its guidance for full year, 2014 Adjusted EBITDA from a range of $215 million to $225 million to a range of $230 million to $240 million, based on the strength of the markets for both of its operating segments. Additionally, the Company is reiterating its full year 2014 guidance for capital expenditures in the range of $95 million to $105 million and an effective tax rate ... 
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September 09, 2014U.S. Silica Announces Two New Oil and Gas Capacity Expansions
FREDERICK, Md., Sept. 9, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) announced plans today to add approximately 3.8 million tons of new capacity in response to the surging demand for northern white frac sand. The Company is planning an 800 thousand ton-per-year expansion at its Pacific, MO. plant. The decision to expand the Pacific plant was driven primarily by the oil and gas market's increased use of fine grade products. The $33 million project also includes a new flagship ... 
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July 31, 2014U.S. Silica Completes Acquisition of Cadre Services
FREDERICK, Md., July 31, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) announced today that it has completed the acquisition of Cadre Services Inc., a leading regional sand mining company based in Voca, Texas. The addition of Cadre's outstanding operational and logistics capabilities allows U.S. Silica to expand its geographic footprint and product offerings in the fast-growing Permian Basin. The purchase price was $98 million. "The successful acquisition of Cadre presents new ... 
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July 29, 2014U.S. Silica Holdings, Inc. Announces Second Quarter 2014 Results
- Revenue of $205.8 million up 59% year-over-year - EPS of $0.53 per basic share; excluding additional M&A and business development expenses of $0.02, EPS of $0.55 per basic share - Total volumes sold in oil and gas of 1.5 million tons a 53% improvement over same period last year - New Utica, IL frac sand mine and plant online and expected to fully ramp by September 1st - Company increasing guidance for Adjusted EBITDA to a range of $215 million to $225 million, including Cadre ... 
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July 28, 2014U.S. Silica Declares Quarterly Dividend
FREDERICK, Md., July 28, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) announced today that its Board of Directors has declared a quarterly cash dividend of $0.125 per common share. The dividend is payable on Oct. 3, 2014 for all shareholders of record as of the close of business on Sept. 15, 2014. About U.S. Silica U.S. Silica Holdings, Inc., a member of the Russell 2000, is one of the largest domestic producers of commercial silica, a specialized mineral that is a critical... 
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July 16, 2014U.S. Silica to Acquire Regional Frac Sand Producer Cadre Services Inc. for $98 million
Accretive acquisition expands capacity and product offerings in one of the fastest growing oil and gas basins in the country. FREDERICK, Md., July 16, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced that it has signed a stock purchase agreement to acquire all of the outstanding shares of Cadre Services Inc., a leading regional sand mining Company based in Voca, Texas, for approximately $98 million in cash. Closing is expected by... 
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July 09, 2014U.S. Silica Announces Timing of Earnings Release and Investor Call
FREDERICK, Md., July 9, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA)  announced today that it will release its second quarter 2014 results after the New York Stock Exchange closes on Tuesday, July 29, 2014. This release will be followed by a conference call for investors on Wednesday, July 30, 2014 at 9:00 a.m. Eastern Time to discuss U.S. Silica's second quarter 2014 financial results. Hosting the call will be Bryan Shinn, President and Chief Executive Officer and Don Merril, Vi... 
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June 30, 2014U.S. Silica Gains Approval for Development of New Mine and Plant Near Fairchild, Wisconsin
FREDERICK, Md., June 30, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (SLCA) today announced that it has received approval from the Town of Fairchild, WI to begin development of a new, three million ton-per-year frac sand mine and plant. The proposed state-of-the-art facility, which will be served by the Union Pacific Railroad, is anticipated to become operational by the fourth quarter of 2015. Bryan Shinn, president and chief executive officer of U.S. Silica said, "We had ... 
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June 24, 2014U.S. Silica Announces Price Increases on Ground and Fine Ground Silica Products
FREDERICK, Md., June 24, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) said today that its Industrial and Specialty Products business is increasing prices for the majority of its non-contracted ground and fine ground silica sand products used primarily in paints, coatings, elastomers, chemical, building products and other applications, an average of approximately ten percent. The increases are effective with shipments after July 15th, 2014 or as contracts allow. The price increase... 
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June 04, 2014U.S. Silica Announces Participation in Two Investment Conferences
FREDERICK, Md., June 4, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced that the Company will be meeting with investors and making a presentation at the Morgan Stanley First Annual Global Natural Resources Conference being at the Hotel Arts in Barcelona, Spain June 9-10, 2014. Bryan Shinn, President and CEO of U.S. Silica, will be making a presentation on Monday, June 9, 2014 at 11:10 a.m. ET. In addition, management will be meeting with investors at the William... 
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May 28, 2014U.S. Silica Announces Participation in 2014 RBC Capital Markets' Global Energy and Power Conference
FREDERICK, Md., May 28, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced that its management will be meeting with investors at the 2014 RBC Capital Markets' Global Energy and Power Conference being held at the Ritz Carlton, Battery Park in New York City June 2-3, 2014. U.S. Silica is scheduled to meet with investors on Monday, June 2nd. As per the conference program, the Company will not be making a formal presentation. About U.S. Silica U.S. Silica Holdings, In... 
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May 12, 2014U.S. Silica Announces Price Increases on Fine Whole Grain Silica Products
FREDERICK, Md., May 12, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) said today that its Industrial and Specialty Products business is increasing prices for the majority of its non-contracted fine whole grain silica sand products used primarily in glass melting furnaces and building products, an average of approximately twenty percent. The increases are effective with shipments after May 1st, 2014 or as contracts allow. The price increases are being made to support the continued ... 
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April 29, 2014U.S. Silica Holdings, Inc. Announces First Quarter 2014 Results
- Revenue for the quarter up 47.2% year-over-year - EPS of $0.34 per basic share; excluding additional M&A and business development expense, EPS of $0.37 per basic share - Overall sales volumes for oil and gas frac sand increased 45% year-over-year to 1.3 million tons - New Utica, IL mine and plant expected to come online late second quarter, adding 1.5 million tons of oil and gas capacity - Company revising full-year 2014 adjusted EBITDA guidance to the high end of the range of ... 
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April 28, 2014U.S. Silica Declares Quarterly Dividend
FREDERICK, Md., April 28, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) announced today that its Board of Directors has declared a quarterly cash dividend of $0.125 per common share. The dividend is payable on July 3, 2014 for all shareholders of record as of the close of business on June 13, 2014. About U.S. Silica U.S. Silica Holdings, Inc., a member of the Russell 2000, is one of the largest domestic producers of commercial silica, a specialized mineral that is a critical... 
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April 09, 2014U.S. Silica Announces Timing of Earnings Release and Investor Call
FREDERICK, Md., April 9, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA)  announced today that it will release its first quarter 2014 results after the New York Stock Exchange closes on Tuesday, April 29, 2014. This release will be followed by a conference call for investors on Wednesday, April 30, 2014 at 9:00 a.m. Eastern Time to discuss U.S. Silica's first quarter 2014 financial results. Hosting the call will be Bryan Shinn, President and Chief Executive Officer and Don Merril, V... 
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March 20, 2014U.S. Silica Announces New Board Member, Daniel Avramovich
FREDERICK, Md., March 20, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) announced today that Daniel Avramovich has been appointed to the company's Board of Directors, increasing the board's size to 6 members. Mr. Avramovich will also serve as a member of the audit committee.   Mr. Avramovich brings more than 35 years of senior leadership and extensive experience from all facets of transportation and logistics industry companies including, Deutsche Post DHL/Exel, Union Pacific... 
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February 25, 2014U.S. Silica Holdings, Inc. Announces Fourth Quarter and Full Year 2013 Results
- Revenue for the quarter and the full year up 25.8% and 23.6%, respectively, year-over-year - Full year overall sales volumes increased nearly 14% to 8.2 million tons - Over 60% of oil and gas sales during the quarter made downstream via transloads - Company reaffirming guidance for 2014 for adjusted EBITDA, capital expenditures and effective tax rate FREDERICK, Md., Feb. 25, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced net income of $16.5  million ... 
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February 11, 2014U.S. Silica Announces Major Expansions to Supply Chain and Logistics Network
FREDERICK, Md., Feb. 11, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) announced today that the Company has entered into an agreement with Union Pacific Railroad (UP) to build a new, unit train capable silica sand storage facility in Odessa, Texas. In addition, the Company has completed modifications to its resin-coated sand facility in Rochelle, Illinois. These changes now enable the plant to ship raw sand to multiple destinations across the country. The plant will continue to pr... 
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February 10, 2014U.S. Silica Declares Quarterly Dividend
FREDERICK, Md., Feb. 10, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) announced today that its Board of Directors has declared a quarterly cash dividend of $0.125 per common share. The dividend is payable on April 1, 2014 for all shareholders of record as of the close of business on March 14, 2014. About U.S. Silica U.S. Silica Holdings, Inc., a member of the Russell 2000, is one of the largest domestic producers of commercial silica, a specialized mineral that is a critica... 
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February 05, 2014U.S. Silica Announces Timing of Earnings Release and Investor Call
FREDERICK, Md., Feb. 5, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) announced today that it will release its fourth quarter and full year 2013 results after the New York Stock Exchange closes on Tuesday, February 25, 2014. This release will be followed by a conference call for investors on Wednesday, February 26, 2014 at 10:00 a.m. Eastern Time to discuss U.S. Silica's fourth quarter 2013 financial results. Hosting the call will be Bryan Shinn, president and chief executive offi... 
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January 31, 2014U.S. Silica Announces Preliminary Fourth Quarter 2013 Results and Provides 2014 Guidance
FREDERICK, Md., Jan. 31, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced preliminary results for the fourth quarter of 2013. The Company anticipates revenue for the quarter of $149.5 million, adjusted EBITDA (non-GAAP) of $35.9 million and net income of $0.31 per basic and diluted share. U.S. Silica president and chief executive officer Bryan Shinn said, "Our fourth quarter results were negatively impacted by the severe winter storms in mid- and late December.  Th... 
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