SMART SAND INC (SND)
Energy · frac sand mining and logistics · NASDAQ
Vertically integrated frac sand producer and logistics provider with proprietary wellsite storage systems, serving oil & gas and industrial customers from multiple US mines and regional transload hubs.
What SMART SAND INC does
Smart Sand is a fully integrated frac and industrial sand supply and services company that produces Northern White sand used as proppant in hydraulic fracturing of oil and natural gas wells, as well as for industrial applications. The company operates multiple mines and processing facilities with regional transloading terminals, and provides wellsite proppant logistics and storage solutions through proprietary SmartSystems equipment including SmartDepot silos, SmartPath management systems, and conveyor technology.
Themes: ["frac sand supply","hydraulic fracturing proppants","oil and gas logistics","industrial sand products","wellsite equipment and services"]
Fundamentals
- Price$4.78 as of 2026-07-09 close
- Market cap$207M as of 2026-07-10
- 1-year return+141.4% as of 2026-07-09 close
- P/E9.55 as of 2026-07-10
- Net margin+6.1% as of 2026-07-10
- Gross margin+11.5% as of 2026-07-10
- ROE+9.1% as of 2026-07-10
- Debt / equity0.06 as of 2026-07-10
- Revenue growth (YoY)+21.7% as of 2026-07-10
- Revenue CAGR (3y)+8.9% SEC XBRL
- Beta0.33 as of 2026-07-10
Dividend: yield +2.9%; 2-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Exposure to oil and gas industry cyclicality and price volatility, with revenue heavily dependent on customer drilling activity and commodity proppant pricing","Operating losses in recent periods (Q1 2026 net loss of $3.9M) despite revenue growth, indicating margin pressure from cost of goods sold","Capital intensity of mining and terminal operations with significant depreciation, amortization, and asset retirement obligations ($22.8M on balance sheet)"]
Competitors & peers
- U.S. Silica Holdings (SLCA)
- Emerge Energy Services LP (EMES)
- Westmoreland Resource Recovery (WMRK)
- Hi-Crush Inc
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.