2018 News Releases

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11/12/18Hi-Crush Announces Integrated Agreement for Northern White Frac Sand with Chesapeake Energy
HOUSTON, Nov. 12, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE: HCLP), or "Hi-Crush", today announced that it has entered into a new, long-term frac sand supply agreement for the in-basin purchase of Northern White frac sand to support Chesapeake Energy Corporation (“Chesapeake”) and their completions program in the Marcellus and Powder River Basins. In addition, Chesapeake will utilize one PropStream® container crew and related logistics with the option to expand based on demand. “W... 
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10/30/18UPDATE - Hi-Crush Partners LP Reports Third Quarter 2018 Results
A previous press release was issued with an incorrect reference to full year 2019 capital expenditure guidance. The capital expenditure guidance should refer to full year 2018. This press release reflects this change. Revenues of $214.0 million in 3Q 2018 vs. $248.5 million in 2Q 2018 and $167.6 million in 3Q 2017 Net income of $26.5 million in 3Q 2018 vs. $68.0 million in 2Q 2018 and $29.8 million in 3Q 2017 Adjusted EBITDA of $50.6 million in 3Q 2018 vs. $81.5 million in 2Q 2018 an... 
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10/30/18Hi-Crush Partners LP Reports Third Quarter 2018 Results
Revenues of $214.0 million in 3Q 2018 vs. $248.5 million in 2Q 2018 and $167.6 million in 3Q 2017 Net income of $26.5 million in 3Q 2018 vs. $68.0 million in 2Q 2018 and $29.8 million in 3Q 2017 Adjusted EBITDA of $50.6 million in 3Q 2018 vs. $81.5 million in 2Q 2018 and $41.7 million in 3Q 2017 Contribution margin per ton of $23.92 in 3Q 2018 vs. $30.94 in 2Q 2018 and $19.39 in 3Q 2017 Volumes sold through PropStream® increased to 24% of sales Volumes sold direct to E&Ps incr... 
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10/22/18Hi-Crush Completes Buyout of General Partner and Declares Distribution of $0.225 per Unit for the Third Quarter of 2018
HOUSTON, Oct. 22, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE: HCLP), or "Hi-Crush" or the "Partnership", today announced that it has acquired its general partner by acquiring Hi-Crush Proppants LLC for consideration of 11.0 million newly issued common units of the Partnership. Total value of the consideration for the acquisition, comprised entirely of the newly issued units, is $96.25 million based on Friday’s closing price of $8.75 per unit. Through the acquisition, which closed on O... 
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10/16/18Hi-Crush Partners LP Announces Timing of Third Quarter 2018 Financial Results and Conference Call
HOUSTON, Oct. 16, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE: HCLP), or “Hi-Crush”, today announced that it will release its third quarter 2018 results after market close on Tuesday, October 30, 2018. This release will be followed by a conference call for investors at 7:30 a.m. Central Time (8:30 a.m. Eastern) on Wednesday, October 31, 2018. Hosting the call will be Robert E. Rasmus, Chief Executive Officer and Laura C. Fulton, Chief Financial Officer. The call can be accessed live o... 
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09/26/18Hi-Crush Announces Temporary Idling of Whitehall Dry Plant
HOUSTON, Sept. 26, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE: HCLP), or Hi-Crush, today announced that it has temporarily idled dry plant operations at its Whitehall facility. The facility’s wet plant remains operational, and Hi-Crush continues to sell inventory from on-site storage to meet ongoing Northern White customer demand. Wet and dry plants remain operational at Hi-Crush’s other Wisconsin mines, including Wyeville, Augusta and Blair. “Our strategic decision to temporarily ... 
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09/21/18Hi-Crush Partners LP to Participate in Upcoming Investor Conferences
HOUSTON, Sept. 21, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE: HCLP), or “Hi-Crush”, today announced that management will present and meet with investors at the following investor conferences: Johnson Rice & Company Energy Conference in New Orleans, Louisiana on September 26, 2018 (investor meetings) Credit Suisse Non-Bus Bus Tour in Houston, Texas on September 27, 2018 (investor meeting) Hi-Crush’s most recent presentation will be made available on the Investors sect... 
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08/23/18Hi-Crush Announces Updates to its Board of Directors
HOUSTON, Aug. 23, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE: HCLP), "Hi-Crush" or the "Company", today announced that on August 20, 2018, John R. Huff notified the Company of his resignation from the Board of Directors (the "Board").  Mr. Huff has served as a non-independent director of Hi-Crush Proppants LLC since May 2011 and was appointed to the Board of the Company’s general partner by Avista Capital Partners in May 2012. "I have considered it a privilege to serve on the Board... 
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08/07/18Hi-Crush Partners LP to Participate in Upcoming Investor Conferences
HOUSTON, Aug. 07, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE: HCLP), or “Hi-Crush”, today announced that management will present and meet with investors at the following investor conferences: Heikkinen Energy Conference in Houston, Texas on August 16, 2018 (investor meetings) Barclays CEO Energy-Power Conference in New York City, New York on September 5, 2018 (presentation and investor meetings) Hi-Crush’s most recent presentation will be made available on the Investors s... 
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07/31/18Hi-Crush Partners LP Reports Second Quarter 2018 Results
Revenues of $248.5 million in 2Q 2018 vs. $218.1 million in 1Q 2018 and $135.2 million in 2Q 2017 Net income of $68.0 million in 2Q 2018 vs. $53.9 million in 1Q 2018 and $16.4 million in 2Q 2017 Adjusted EBITDA of $81.5 million in 2Q 2018 vs. $64.5 million in 1Q 2018 and $26.5 million in 2Q 2017 Distributable cash flow attributable to the limited partner unitholders of $66.6 million in 2Q 2018 vs. $56.4 million in 1Q 2018 and $22.9 million in 2Q 2017; 2Q 2018 distributable cash flow att... 
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07/27/18Hi-Crush Partners LP Announces Pricing of $450 Million Offering of Senior Notes
HOUSTON, July 27, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE:HCLP), “Hi-Crush” or the “Partnership,” announced today the pricing of its private placement to eligible purchasers of $450 million aggregate principal amount of its 9.500% senior unsecured notes due 2026 (the “notes”) at par.  The offering is expected to close on August 1, 2018, subject to customary closing conditions. Hi-Crush estimates that it will receive net proceeds of approximately $441 million, after deducting the... 
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07/23/18Hi-Crush Partners LP Announces Launch of $450 Million Offering of Senior Notes
HOUSTON, July 23, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE:HCLP), “Hi-Crush” or the “Partnership”, announced today that, subject to market conditions, it intends to offer $450 million aggregate principal amount of its senior unsecured notes due 2026 (the “notes”) in a private placement to eligible purchasers. Hi-Crush intends to use the net proceeds from the offering to refinance its senior secured term loan credit facility, to fund the cash portion of the purchase price of its p... 
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07/23/18Hi-Crush Partners LP Announces Distribution of $0.75 per Unit for the Second Quarter of 2018
HOUSTON, July 23, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE:HCLP), or "Hi-Crush" or the "Partnership", announced today that the Board of Directors of its general partner has declared a quarterly cash distribution of $0.75 per unit on all common units, or $3.00 on an annualized basis, for the second quarter of 2018, up from a previous quarterly cash distribution of $0.225 per unit.  The distribution will be paid on August 14, 2018, to all common unitholders of record on August 3, 2018... 
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07/23/18Hi-Crush Partners LP Expands Last Mile Capabilities with the Acquisition of FB Industries, Announces an Amendment to an Existing Supply Agreement, Provides Preliminary Estimates of Selected Second Quarter 2018 Financial Results and Updates Related Capital Expenditure Plans
HOUSTON, July 23, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE:HCLP), “Hi-Crush” or the “Partnership”, today announced the next steps in extending its position as the most integrated, mine to wellsite supplier of proppant and logistics services through the following strategic and operational updates: Entered into a purchase agreement to acquire FB Industries Inc., a leading manufacturer and marketer of silo-based frac sand management systems for a total initial consideration of a... 
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06/14/18Hi-Crush Partners LP Announces Timing of Second Quarter 2018 Financial Results and Conference Call
HOUSTON, June 14, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE:HCLP), or Hi-Crush, today announced that it will release its second quarter 2018 results after the market close on Tuesday, July 31, 2018. This release will be followed by a conference call for investors at 7:30 a.m. Central Time (8:30 a.m. Eastern) on Wednesday, August 1, 2018. Hosting the call will be Robert E. Rasmus, Chief Executive Officer and Laura C. Fulton, Chief Financial Officer. The call can be accessed live ov... 
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06/11/18Hi-Crush Issues Update Regarding Whitehall Incident, WDNR Test Results
HOUSTON, June 11, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE:HCLP), or “Hi-Crush," today issued the following statement related to progress it is making on remediating the area in Trempealeau County impacted after a detention pond berm was intentionally breached as part of a successful effort to rescue a trapped worker at the Company’s Whitehall, Wi., facility: “Hi-Crush continues to contribute significant resources and is making steady progress toward cleanup and remediation of th... 
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05/25/18Hi-Crush Issues Update Regarding Whitehall Incident
HOUSTON, May 25, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE:HCLP), or “Hi-Crush”, provided the following update regarding the incident which occurred at the Company’s Whitehall facility on May 21, 2018. “On Monday May 21, 2018, a bulldozer operated by a worker from Gerke Excavating, Inc. became submerged in a detention pond at our Whitehall facility,” said Scott Preston, Chief Operating Officer of Hi-Crush. “Other workers on the scene promptly called emergency responders and immedi... 
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05/17/18Hi-Crush Partners LP to Participate in Upcoming Investor Conferences
HOUSTON, May 17, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE:HCLP), or “Hi-Crush”, today announced that management will present and meet with investors at the following investor conferences: DUG Permian Basin in Fort Worth, Texas on May 23, 2018 (presentation) MLP & Energy Infrastructure Conference in Orlando, Florida on May 23-24, 2018 (presentation and investor meetings) RBC Capital Markets Global Energy & Power Conference in New York City, New York on June 6, 20... 
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05/01/18Hi-Crush Partners LP Reports First Quarter 2018 Results
1Q 2018 revenues of $218.1 million vs. $216.5 million in 4Q 2017 and $83.4 million in 1Q 2017 1Q 2018 net income of $53.9 million vs. $43.2 million in 4Q 2017 and net loss of $(6.8) million in 1Q 2017 1Q 2018 Adjusted EBITDA of $64.5 million vs. $59.0 million in 4Q 2017 and $1.9 million in 1Q 2017 1Q 2018 distributable cash flow attributable to the limited partner unitholders of $56.4 million vs. $52.0 million in 4Q 2017 and $0.1 million in 1Q 2017 1Q 2018 contribution margin per t... 
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04/19/18Hi-Crush Partners LP Announces Increase in Distribution to $0.225 per Unit for the First Quarter of 2018, Provides Unit Buyback Program Update
HOUSTON, April 19, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE:HCLP), or "Hi-Crush" or the "Partnership", announced today that the Board of Directors of its general partner has declared a quarterly cash distribution of $0.225 per unit on all common units, or $0.90 on an annualized basis, for the first quarter of 2018. "Our business continues to benefit from a steady strengthening of demand for frac sand," said Laura C. Fulton, Chief Financial Officer of Hi-Crush. "The strong underly... 
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04/02/18Hi-Crush Partners LP Appoints Scott J. Preston as Chief Operating Officer
HOUSTON, April 02, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE:HCLP), or “Hi-Crush”, today announced that Scott J. Preston has joined as Chief Operating Officer. In this newly created role, Mr. Preston will be responsible for the daily operations of Hi-Crush as well as the development and implementation of Hi-Crush’s ongoing growth strategy. Mr. Preston brings more than 25 years of logistics and supply chain operations experience across a wide range of industries, including mining o... 
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03/27/18Hi-Crush Partners LP Announces Timing of First Quarter 2018 Financial Results and Conference Call
HOUSTON, March 27, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE:HCLP), or “Hi-Crush”, today announced that it will release its first quarter 2018 results after market close on Tuesday, May 1, 2018. This release will be followed by a conference call for investors at 7:30 a.m. Central Time (8:30 a.m. Eastern) on Wednesday, May 2, 2018. Hosting the call will be Robert E. Rasmus, Chief Executive Officer and Laura C. Fulton, Chief Financial Officer. The call can be accessed live over the te... 
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03/12/18Hi-Crush Partners LP Announces Addition to Alerian MLP Indices
HOUSTON, March 12, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE:HCLP), or “Hi-Crush”, today announced that following the close of business on March 16, 2018, Hi-Crush will be added to both the Alerian MLP Index (AMZ) and the Alerian MLP Equal Weight Index (AMZE), becoming one of the 50 constituents of each of those indices. “The addition of Hi-Crush to the AMZ and AMZE indices is recognition of the prudent investments we have made over the past few years, resulting in a stronger bala... 
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03/05/18Hi-Crush Partners LP Announces Availability of Schedule K-1s
HOUSTON, March 05, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE:HCLP), or “Hi-Crush”, today announced that it has completed the 2017 tax packages for its unitholders, including Schedule K-1s. The tax packages are currently available online and may be accessed via Hi-Crush's website at www.hicrush.com in the K-1 Tax Information section.  Hi-Crush has also begun mailing the Schedule K-1s to unitholders, and expects to complete the process by March 15, 2018. For additional information, uni... 
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02/22/18Hi-Crush Partners LP to Participate in Simmons & Company International Annual Energy Conference
HOUSTON, Texas, Feb. 22, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE:HCLP), or “Hi-Crush”, today announced that that Laura C. Fulton, Chief Financial Officer, will present and meet with investors at the Simmons & Company International Annual Energy Conference in Las Vegas, Nevada on March 1, 2018. The presentation to be referenced at the conference will be made available on the Presentation section of Hi-Crush's website at www.hicrush.com. About Hi-Crush Hi-Crush is a premier ... 
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02/19/18Hi-Crush Partners LP Reports Fourth Quarter and Full Year 2017 Results
•         4Q 2017 revenues of $216.5 million vs. $167.6 million in 3Q 2017 and $67.3 million in 4Q 2016 •         4Q 2017 net income of $43.2 million vs. $29.8 million in 3Q 2017 and net loss of $(8.1) million in 4Q 2016 •         4Q 2017 Adjusted EBITDA of $59.0 million vs. $41.7 million in 3Q 2017 and $(0.3) million in 4Q 2016 •         4Q 2017 distributable cash flow attributable to the limited partner unitholders of $52.6 million vs. $37.5 million in 3Q 2017 and $(4.4) million in 4Q 2016 ... 
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02/09/18Hi-Crush Partners LP to Participate in Credit Suisse Annual Energy Summit
HOUSTON, Feb. 09, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE:HCLP), or Hi-Crush, today announced that Robert E. Rasmus, Chief Executive Officer, and Laura C. Fulton, Chief Financial Officer, will present and meet with investors at the Credit Suisse 23rd Annual Energy Summit in Vail, Colorado on February 14, 2018. The presentations to be referenced at the conference will be made available on the Presentation section of Hi-Crush's website at www.hicrush.com. About Hi-Crush Hi-Crush... 
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01/26/18Hi-Crush Partners LP Announces Timing of Fourth Quarter and Full-Year 2017 Financial Results and Conference Call
HOUSTON, Jan. 26, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE:HCLP), or "Hi-Crush," today announced that it will release its fourth quarter and full-year 2017 results on the afternoon of Monday, February 19, 2018. This release will be followed by a conference call for investors at 7:30 a.m. Central Time (8:30 a.m. Eastern) on Tuesday, February 20, 2018. Hosting the call will be Robert E. Rasmus, Chief Executive Officer and Laura C. Fulton, Chief Financial Officer. The call can be acce... 
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01/18/18Hi-Crush Partners LP Announces Increase in Distribution to $0.20 per Unit for the Fourth Quarter of 2017
HOUSTON, Jan. 18, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE:HCLP), or “Hi-Crush” or the “Partnership”, announced today that the Board of Directors of its general partner has declared a quarterly cash distribution of $0.20 per unit on all common units, or $0.80 on an annualized basis, for the fourth quarter of 2017. “Our business continues to benefit from a steady strengthening of demand for Northern White and in-basin frac sand,” said Laura C. Fulton, Chief Financial Officer of Hi... 
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01/03/18Hi-Crush Partners LP to Participate in Upcoming Investor Conferences
HOUSTON, Jan. 03, 2018 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE:HCLP), or Hi-Crush, today announced that management will present and meet with investors at the following investor conferences: UBS Midstream & MLP One-on-One Conference in Park City, Utah on January 9, 2018 (investor meetings only) Goldman Sachs Global Energy Conference in Miami, Florida on January 10, 2018 (presentation and investor meetings) The presentations to be referenced at these conferences will be ... 
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