Stocks Fall for Some Frack Sand Companies in Wisconsin


Stocks Fall for Some Frack Sand Companies in Wisconsin


MADISON, Wis. (AP) — Frack sand companies doing business in Wisconsin are seeing their stock prices fall despite high demand for the sand.

Many companies focused this year on developing sand mines in Texas, which has caused stock prices of companies that focused on developing Wisconsin mines to drop, Wisconsin Public Radio reported .

Oil companies use the sand in hydraulic fracture drilling for oil and natural gas.

Wisconsin northern white sand is considered one of the highest quality sands because of its high-crush strength. However, companies have found that Texas` finer grain sand costs less and is an acceptable alternative....

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- - Volume: 5 - WEEK: 33 Date: 8/14/2017 11:35:12 AM -