Fairmount Santrol Announces
Fourth-Quarter and Full-Year 2016 Results

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About Fairmount Santrol

Fairmount Santrol is one of the largest providers of high-performance sand and sand-based products used by oil and gas exploration and production companies to enhance the productivity of their wells.

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POSITIONED TO COMPETE IN ALL MARKET CYCLES

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Commitment to People,
Planet and Prosperity

Operational Scale

One of the largest providers of
sand-based proppant solutions

Technology and innovation

Track record of developing
proprietary products and processes

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Industry’s broadest product suite
addresses over 95% of proppant market

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Industry’s most fully integrated logistics network with key unit train capabilities

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March 09, 2017 Fairmount Santrol Announces Fourth-Quarter and Full-Year 2016 Results
Fairmount Santrol (NYSE:FMSA), a leading provider of high-performance sand and sand-based product solutions, today announced results for the fourth quarter and full year ended December 31, 2016 . Fourth-Quarter 2016 Results Fourth-quarter 2016 revenues were $140.5 million , up 4% from $134.8 million in the third quarter of 2016 and up 4% from $134.9 million in the fourth quarter of 2015. Overall volumes sold were 2.4 million tons for the quarter, similar to the third quarter of 2016 and an increase of 26% from 1.9 million tons in the fourth quarter of 2015. For fourth-quarter 2016, the Company had a net loss of $19.9 million, or $(0.09) per diluted share, compared with a net loss of $20.6 million, or $(0.11) per diluted share, in the third quarter of 2016. Net loss for fourth-quarter 2015 was $90.8 million, or $(0.56) per diluted share. Adjusted EBITDA for the fourth quarter of 2016 was $11.7 million , which excludes a gain on the repurchase of debt of $5.1 million (net of...
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Fairmount santrol

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