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Hi-Crush

DB:HCU
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HCU
DB
$23M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Hi-Crush Inc., together with its subsidiaries, provides proppant and logistics services for hydraulic fracturing operations in the United States. The last earnings update was 46 days ago. More info.


Add to Portfolio Compare Print
  • Hi-Crush has significant price volatility in the past 3 months.
HCU Share Price and Events
7 Day Returns
2.8%
DB:HCU
8.1%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
-93.9%
DB:HCU
-57.2%
Europe Energy Services
-20.9%
DE Market
HCU Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hi-Crush (HCU) 2.8% -44.2% -71.5% -93.9% -98.6% -99.3%
Europe Energy Services 8.1% -27.8% -50.1% -57.2% -65.6% -87.6%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • HCU underperformed the Energy Services industry which returned -57.2% over the past year.
  • HCU underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
HCU
Industry
5yr Volatility vs Market

HCU Value

 Is Hi-Crush undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Hi-Crush. This is due to cash flow or dividend data being unavailable. The share price is €0.2351.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Hi-Crush's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hi-Crush's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:HCU PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-4.10
NYSE:HCR Share Price ** NYSE (2020-04-06) in USD $0.23
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Hi-Crush.

DB:HCU PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:HCR Share Price ÷ EPS (both in USD)

= 0.23 ÷ -4.10

-0.05x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hi-Crush is loss making, we can't compare its value to the Europe Energy Services industry average.
  • Hi-Crush is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Hi-Crush's expected growth come at a high price?
Raw Data
DB:HCU PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.05x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
74.7%per year
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Hi-Crush, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Hi-Crush's assets?
Raw Data
DB:HCU PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $3.98
NYSE:HCR Share Price * NYSE (2020-04-06) in USD $0.23
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:HCU PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:HCR Share Price ÷ Book Value per Share (both in USD)

= 0.23 ÷ 3.98

0.06x

* Primary Listing of Hi-Crush.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hi-Crush is good value based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess Hi-Crush's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Hi-Crush has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

HCU Future Performance

 How is Hi-Crush expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
74.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hi-Crush expected to grow at an attractive rate?
  • Unable to compare Hi-Crush's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Hi-Crush's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • Hi-Crush's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:HCU Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:HCU Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 74.7%
DB:HCU Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts -13.7%
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:HCU Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:HCU Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 445 -73 1
2021-12-31 473 -1 -65 4
2020-12-31 506 11 -61 4
2020-04-06
DB:HCU Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 636 30 -414
2019-09-30 673 54 -407
2019-06-30 714 106 -107
2019-03-31 785 158 74
2018-12-31 843 237 133
2018-09-30 897 216 191
2018-06-30 851 200 195
2018-03-31 737 151 146
2017-12-31 603 84 84
2017-09-30 453 54 34
2017-06-30 332 0 -8
2017-03-31 236 -20 -35

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Hi-Crush is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Hi-Crush's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:HCU Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Hi-Crush Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:HCU Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 -0.72 -0.72 -0.72 1.00
2021-12-31 -0.64 -0.14 -1.12 3.00
2020-12-31 -0.60 -0.25 -1.00 3.00
2020-04-06
DB:HCU Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -4.10
2019-09-30 -4.06
2019-06-30 -1.10
2019-03-31 0.78
2018-12-31 1.46
2018-09-30 2.14
2018-06-30 2.17
2018-03-31 1.61
2017-12-31 0.97
2017-09-30 0.42
2017-06-30 -0.11
2017-03-31 -0.60

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Hi-Crush will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Hi-Crush's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Hi-Crush has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

HCU Past Performance

  How has Hi-Crush performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Hi-Crush's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Hi-Crush does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Hi-Crush's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Hi-Crush's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Hi-Crush's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Hi-Crush Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:HCU Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 636.37 -413.56 46.41
2019-09-30 673.12 -407.13 48.18
2019-06-30 714.12 -107.23 49.80
2019-03-31 784.64 73.82 49.85
2018-12-31 842.84 133.13 44.99
2018-09-30 897.06 191.24 51.85
2018-06-30 850.67 194.51 49.11
2018-03-31 737.37 145.58 44.49
2017-12-31 602.62 84.01 40.88
2017-09-30 453.46 33.60 33.02
2017-06-30 332.44 -7.91 29.95
2017-03-31 235.65 -35.18 29.33
2016-12-31 204.43 -81.31 35.96
2016-09-30 209.21 -62.10 34.21
2016-06-30 244.15 -69.09 33.08
2016-03-31 289.68 -48.22 33.68
2015-12-31 339.64 26.41 27.81
2015-09-30 398.49 51.79 27.01
2015-06-30 419.31 107.51 26.67
2015-03-31 418.08 127.07 25.37
2014-12-31 386.55 122.97 25.68
2014-09-30 319.59 104.33 21.41
2014-06-30 270.44 81.66 20.77
2014-03-31 225.27 66.48 18.94
2013-12-31 178.97 59.77 15.77
2013-09-30 131.21 49.78 15.19
2013-06-30 103.30 44.53 11.89

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Hi-Crush has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Hi-Crush has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Hi-Crush improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Hi-Crush's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Hi-Crush has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

HCU Health

 How is Hi-Crush's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Hi-Crush's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hi-Crush is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Hi-Crush's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Hi-Crush's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Hi-Crush Company Filings, last reported 3 months ago.

DB:HCU Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 401.12 447.97 57.56
2019-09-30 422.20 449.18 48.35
2019-06-30 688.99 443.24 52.85
2019-03-31 804.64 444.05 60.40
2018-12-31 807.25 445.48 114.26
2018-09-30 832.25 444.76 175.43
2018-06-30 860.76 194.87 25.43
2018-03-31 811.24 196.14 10.11
2017-12-31 825.77 198.60 7.72
2017-09-30 784.58 193.23 23.91
2017-06-30 753.38 194.49 27.49
2017-03-31 735.99 195.23 55.50
2016-12-31 302.21 196.42 4.52
2016-09-30 300.54 194.01 24.79
2016-06-30 180.28 195.16 39.66
2016-03-31 89.19 248.56 5.64
2015-12-31 139.69 250.04 11.05
2015-09-30 128.24 251.58 5.04
2015-06-30 163.00 237.01 6.92
2015-03-31 177.00 212.44 4.91
2014-12-31 178.44 200.36 4.65
2014-09-30 163.43 197.12 20.63
2014-06-30 147.24 197.55 31.13
2014-03-31 146.91 124.75 7.36
2013-12-31 183.35 138.25 20.61
2013-09-30 143.06 138.25 20.02
2013-06-30 141.73 138.25 17.85
  • Hi-Crush's level of debt (111.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (112.4% vs 111.7% today).
  • Debt is not well covered by operating cash flow (6.7%, less than 20% of total debt).
  • Hi-Crush is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Hi-Crush's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Hi-Crush has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

HCU Dividends

 What is Hi-Crush's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Hi-Crush dividends. Estimated to be 0% next year.
If you bought €2,000 of Hi-Crush shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Hi-Crush's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Hi-Crush's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:HCU Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:HCU Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2020-04-06
DB:HCU Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-02-20 0.000 0.000
2020-02-19 0.000 0.000
2019-11-05 0.000 0.000
2019-08-09 0.000 0.000
2019-08-07 0.000 0.000
2019-05-07 0.000 0.000
2019-01-07 0.000 0.000
2018-10-22 0.900 17.004
2018-07-23 3.000 25.171
2018-04-19 0.900 7.199
2018-01-18 0.800 6.666
2017-10-17 0.600 5.771
2017-05-01 0.000 0.000
2017-02-21 0.000 0.000
2016-10-31 0.000 0.000
2016-08-02 0.000 0.000
2016-04-28 0.000 0.000
2016-02-23 0.000 0.000
2015-10-27 0.000 0.000
2015-05-06 2.700 17.883
2015-02-03 2.700 7.485
2014-11-04 2.500 6.975
2014-07-16 2.300 4.090
2014-04-17 2.100 4.266
2014-01-17 2.040 5.264
2013-10-17 1.960 5.955
2013-07-17 1.900 7.826
2013-04-17 1.900 9.144
2013-01-17 1.900 10.402
2012-11-13 1.900 12.267

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Hi-Crush has not reported any payouts.
  • Unable to verify if Hi-Crush's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Hi-Crush's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Hi-Crush has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Hi-Crush's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Hi-Crush's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Hi-Crush afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hi-Crush has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

HCU Management

 What is the CEO of Hi-Crush's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bob Rasmus
COMPENSATION $2,308,369
AGE 62
TENURE AS CEO 4.4 years
CEO Bio

Mr. Robert E. Rasmus, also known as Bob, co-founded Hi-Crush GP LLC, a General Partner of Hi-Crush Partners LP and has been its Chief Executive Officer since November 2015 and was its Chief Operating Officer till May 21, 2019. Mr. Rasmus served as its Co-Chief Executive Officer since October 2010 until November 2015. He served as Principal Operating Officer of Hi-Crush GP LLC, a General Partner of Hi-Crush Partners LP since October 28, 2016. He serves as Co-Chief Executive Officer of Hi-Crush Finance Corp. Mr. Rasmus was a Founding Member of Red Oak Capital Management LLC in June 2002 and served as Managing Director since inception. He served as the President of Thunderbolt Capital Corp. He started, built and expanded a variety of domestic and international capital markets and corporate finance businesses. He has been Chairman of the Board at Hi-Crush GP LLC, a General Partner of Hi-Crush Partners LP since October 21, 2018. Mr. Rasmus was the Senior Managing Director of Banc One Capital Markets, Inc. where he was responsible for the high yield and private placement businesses. Prior thereto, he was the Managing Director and Head of Investment Banking in London for First Chicago Ltd. He has been a Director of Hi-Crush Proppants LLC's general partner since May 2012. He has been a Director of Hi-Crush GP LLC, a General Partner of Hi-Crush Partners LP since May 2012. Mr. Rasmus is a member of the board of directors for the National Industrial Sand Association and the Lab for Economic Opportunities. Mr. Rasmus holds a B.A. degree in Government and International Relations from the University of Notre Dame.

CEO Compensation
  • Bob's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Bob's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Hi-Crush management team in years:

1
Average Tenure
59
Average Age
  • The average tenure for the Hi-Crush management team is less than 2 years, this suggests a new team.
Management Team

Bob Rasmus

TITLE
Chairman & CEO of Hi-Crush GP LLC
COMPENSATION
$2M
AGE
62
TENURE
4.4 yrs

Mark Skolos

TITLE
General Counsel
COMPENSATION
$1M
AGE
59

Phil McCormick

TITLE
CFO & Principal Financial and Accounting Officer
TENURE
0.3 yrs

Michael Oehlert

TITLE
Chief Operating Officer of Hi-Crush GP LLC
AGE
56
TENURE
0.9 yrs

Caldwell Bailey

TITLE
Manager of Investor Relations

Timothy Lambrecht

TITLE
Interim Principal Strategy Officer of Hi-Crush GP LLC
TENURE
1.1 yrs
Board of Directors Tenure

Average tenure and age of the Hi-Crush board of directors in years:

7
Average Tenure
67.5
Average Age
  • The tenure for the Hi-Crush board of directors is about average.
Board of Directors

Bob Rasmus

TITLE
Chairman & CEO of Hi-Crush GP LLC
COMPENSATION
$2M
AGE
62
TENURE
1.5 yrs

Joseph Winkler

TITLE
Independent Director of Hi-Crush GP LLC
COMPENSATION
$143K
AGE
68
TENURE
7.7 yrs

John Affleck-Graves

TITLE
Independent Director of Hi-Crush GP LLC
COMPENSATION
$114K
AGE
68
TENURE
7.4 yrs

John Poorman

TITLE
Independent Director of Hi-Crush GP LLC
COMPENSATION
$114K
AGE
67
TENURE
6.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
13. Nov 19 Buy Robert Rasmus Individual 12. Nov 19 12. Nov 19 50,000 €0.93 €46,254
10. Jun 19 Buy Michael Oehlert Individual 07. Jun 19 07. Jun 19 56,000 €1.56 €87,374
07. Jun 19 Buy Robert Rasmus Individual 07. Jun 19 07. Jun 19 100,000 €1.44 €143,766
07. Jun 19 Buy Laura Fulton Individual 07. Jun 19 07. Jun 19 25,000 €1.43 €35,776
X
Management checks
We assess Hi-Crush's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Hi-Crush has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

HCU News

Simply Wall St News

HCU Company Info

Description

Hi-Crush Inc., together with its subsidiaries, provides proppant and logistics services for hydraulic fracturing operations in the United States. The company offers raw frac sand used in the hydraulic fracturing process for oil and natural gas wells. It owns and operates various frac sand mining facilities, including a 973 contiguous acre facility located in Wyeville, Wisconsin; a 1,187 contiguous acre facility located in Eau Claire County, Wisconsin; a 1,626 acre facility located in Independence, Wisconsin and Whitehall, Wisconsin; a 1,285 acre facility located in Blair, Wisconsin with on-site processing and truck loading facilities; and a 1,226 acre grass sand reserve located near Kermit, Texas. As of December 31, 2019, the company owned and operated 11 terminal locations throughout Pennsylvania, Ohio, Texas, Colorado, and New York, as well as owned and leased 50 PropBeast conveyors and 2,978 containers, 15 Atlas topfill conveyors, and 35 silo systems. In addition, it offers PropDispatch, a logistics software system. It primarily serves pressure pumping service providers, and oil and gas exploration and production companies. Hi-Crush GP LLC operates as the general partner of the company. The company was formerly known as Hi-Crush Partners LP and changed its name to Hi-Crush Inc. in June 2019. Hi-Crush Inc. was founded in 2012 and is based in Houston, Texas.

Details
Name: Hi-Crush Inc.
HCU
Exchange: DB
Founded: 2012
$21,036,736
100,870,221
Website: http://www.hicrush.com
Address: Hi-Crush Inc.
1330 Post Oak Bulevard,
Suite 600,
Houston,
Texas, 77056,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE HCR Common Shares New York Stock Exchange US USD 16. Aug 2012
DB HCU Common Shares Deutsche Boerse AG DE EUR 16. Aug 2012
BST HCU Common Shares Boerse-Stuttgart DE EUR 16. Aug 2012
LSE 0S2F Common Shares London Stock Exchange GB USD 16. Aug 2012
Number of employees
Current staff
Staff numbers
747
Hi-Crush employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 23:24
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/03/24
Last earnings filing: 2020/02/20
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.