Smart Sand Partners LP focuses on the excavation, processing, and sale of industrial sand for use in hydraulic fracturing operations for the oil and gas industry. It produces Northern White frac sand, which is a preferred propant used to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells. The company owns and operates a sand mine and related processing facility on 1,168 contiguous acres near Oakdale, Wisconsin. Smart Sand GP LLC operates as a general partner of the company. Smart Sand Partners LP was founded in 2010 and is based in The Woodlands, Texas.
SND Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for SND, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Smart Sand Inc ranked in the 93th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 3137.83%. The most interesting components of our discounted cash flow analysis for Smart Sand Inc ended up being:
Smart Sand Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 1.68% of tickers in our DCF set.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than only 0% of stocks in its sector (Energy).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Smart Sand Inc? See CRK, WMB, BASX, NEBLQ, and PVAC.
Smart Sand (SND) completes acquisition of Eagle Materials' Oil and Gas Proppants Segment in $2M all-stock transaction, consisting of 1,503,759 shares of newly-issued SND common stock.CEO Charles Young notes "by financing this transaction with equity, we remain focused on maintaining low leverage levels."The segment's primary assets include frac sand mines and related processing...
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