Smart Sand Inc (SND)

Smart Sand, Inc. Announces First Quarter 2026 ResultsMay 12, 2026 4:10 PM
PR Newswire (US) 1Q 2026 revenue of $93.1 million 1Q 2026 net loss of $(3.9) million 1Q 2026 cash flow provided by operations of $3.0 million1Q 2026 contribution margin $13.2 million1Q 2026 Adjusted EBITDA of $3.8 million1Q 2026 free cash flow of $0.8 millionYARDLEY, Pa., May 12, 2026 /PRNewswire/ -- Smart Sand, Inc. (NASDAQ: SND) (the "Company" or "Smart Sand"), a leading supplier of premium Northern White frac sand and industrial sand and a proppant logistics solutions provider, today announced results for the first quarter of 2026. "Smart Sand delivered another strong quarter of operating and financial performance," said Charles Young, Smart Sand's Chief Executive Officer. "The first quarter was our fourth consecutive quarter with more than 1.4 million tons of sand sold, and we set a quarterly sales-volume record at just under 1.5 million tons. During the quarter, we generated positive free cash flow, and year to date through today we have returned approximately $5.7 million to shareholders through stock repurchases and dividends. During the quarter, we saw increasing sales activity in the Appalachian Basins and consistent activity in the Bakken Formation and the Montney and Duvernay shales in Canada.""We remain focused on being the premier provider of Northern White sand in North America," Young continued. "Our strategic investments in our Blair, Wisconsin facility and our two terminals in Ohio are key drivers of increasing sales activity in the Utica Shale and across Canadian basins. We have positioned Smart Sand to benefit from expected long-term growth in North American natural gas demand driven by expanding LNG export capacity and increasing gas-fired power generation to support AI data center electricity needs.""We continue to expand our Industrial Products Solutions business, primarily through our Ottawa, Illinois facility. Industrial sales volumes in the first quarter of 2026 were consistent with the fourth quarter of 2025, and we currently expect industrial sales volumes to increase year over year," Young said."In the first quarter, we successfully put our new SmartSystem design to work in the field. We believe the reconfigured design enables us to more efficiently and cost effectively meet the growing market demand for higher daily sand volumes used in oil and gas well completions. We are seeing strong customer interest in the new SmartSystem configuration. However, consistent with our focus on capital discipline, we want to see customer commitments for new systems before making incremental investments in additional SmartSystem fleets.""Smart Sand is committed to growing our leading Northern White sand franchise while continuing to return capital to shareholders." said Charles Young. "We will remain true to our core operating principles of maintaining strong liquidity, prudent debt levels and positive annual cash flow. Our liquidity position is strong, with healthy cash balances and full availability under our $30 million credit facility. We expect to generate positive free cash flow in 2026, with sales volume growth in the 5% to 10% range over 2025 tons sold."First Quarter 2026 HighlightsIn the first quarter of 2026, tons sold totaled approximately 1,492,000, compared to 1,478,000 tons in the fourth quarter of 2025 and 1,069,000 tons in the first quarter of 2025, reflecting a 1% sequential increase and a 40% year-over-year increase.Revenues in the first quarter of 2026 were $93.1 million, compared to $86.0 million in the fourth quarter of 2025 and $65.6 million in the first quarter of 2025. The increase in revenue sequentially and year over year was primarily driven by higher sales volumes and higher average selling prices.Cost of goods sold increased to $87.0 million for the first quarter of 2026, up from $74.8 million for the fourth quarter of 2025 and $62.8 million for the first quarter of 2025. The increase sequentially was primarily due to higher production and freight costs on similar volumes. The higher production costs, compared to the previous quarter, were primarily driven by increased drawdown and expensing of inventory to meet sales volumes levels for the first quarter 2026. The higher freight expense, compared to the fourth quarter 2025, was due primarily to the location mix of sand sales. The increase over the prior year period was primarily due to an increase in sales volumes.Gross profit for the first quarter of 2026 was $6.1 million compared to $11.2 million in the fourth quarter of 2025 and $2.8 million in the first quarter of 2025. Gross profit decreased sequentially due to higher production and freight costs and increased over the prior year period due to the increase in sales volumes.Operating expenses for the first quarter of 2026 were $11.0 million, down from $13.9 million for the fourth quarter of 2025 and up from $9.8 million for the first quarter of 2025. Selling, general and administrative costs were higher in the fourth quarter of 2025 due to higher wages of $2.9 million related to increased incentive compensation in the quarter and a $1.0 million payment to one of our utility providers in connection with planned growth at our Oakdale facility. Operating expenses increased from the first quarter of 2025 primarily due to increased wages and royalties associated with increased sales volumes.Total other expenses for the first quarter of 2026 were $0.2 million, consistent with both the fourth quarter of 2025 and the first quarter of 2025.In the first quarter of 2026, the Company recorded a net loss of $(3.9) million, or $(0.10) per basic and diluted share. The Company had net income of $1.2 million, or $0.03 per basic and diluted share, for the fourth quarter of 2025 and a net loss of $(24.2) million, or $(0.62) per basic and diluted share, for the first quarter of 2025. The fluctuations in net income are primarily driven by non-cash deferred income tax expense. Income tax expense / (benefit) often distorts the Company's results of operations due primarily to deferred tax variances. The Company is required to record its interim period income tax expense / (benefit) in accordance with GAAP, which requires that the Company estimate its full year effective tax rate and apply that rate to the net income for the period. The Company's effective tax rate includes modifications from the statutory rate for items such as income tax credits, tax depletion deduction, valuation allowance, and state apportionment changes, among other items. The biggest driver of the Company's income tax expense / (benefit) is the depletion deduction calculation, which is not directly related to the net income of the Company. This tax deduction has an equally large effect on the Company's income tax rate, which is the basis for the quarterly income tax expense / (benefit) calculation. The Company does not expect to be a payer of federal income tax in 2026 and expects to pay an immaterial amount of state income taxes in 2026. Because of the difference between income tax recorded on a GAAP basis and the cash taxes the Company expects to pay, the Company uses additional non-GAAP performance measures of contribution margin, Adjusted EBITDA, and free cash flow to evaluate its results of operations.Contribution margin in the first quarter of 2026 was $13.2 million, or $8.84 per ton sold, compared to $18.0 million, or $12.18 per ton sold, in the fourth quarter of 2025 and $9.6 million, or $8.96 per ton sold, in the first quarter of 2025. Contribution margin was lower in the first quarter of 2026 compared to the fourth quarter of 2025 primarily due to increased production and logistics costs. Contribution margin was higher in the first quarter of 2026 compared to the first quarter of 2025 due to increased sales volumes and higher average selling prices.Adjusted EBITDA was $3.8 million in the first quarter of 2026 down from $7.1 million in the fourth quarter of 2025 and up from $1.4 million in the first quarter of 2025. The decrease in Adjusted EBITDA from the fourth quarter of 2025 is due to an increase in production and logistics costs. The increase in Adjusted EBITDA from the first quarter of 2025 is primarily due to an increase in sales volumes with slightly higher average selling prices offset by an increase in production and logistics costs associated with higher sand sales.Net cash provided by operating activities in the first quarter of 2026 was $3.0 million, compared to $22.4 million provided in the fourth quarter of 2025 and $8.7 million provided in the first quarter of 2025. Net cash provided by operating activities in the fourth quarter of 2025 included a customer prepayment for sand that was in deferred revenue as well as a $4.4 million payment received related to contractual charges for tons sold in excess of certain contractual thresholds. The revenue associated with the customer prepayment from the fourth quarter 2025 was fully recognized in the first quarter of 2026.In the first quarter of 2026, free cash flow was $0.8 million, resulting from net cash provided by operating activities of $3.0 million and capital expenditures of $2.2 million. The Company currently projects full year 2026 capital expenditures to range between $15.0 million and $20.0 million, excluding potential investments in new terminals, and anticipates being free cash flow positive for 2026.LiquidityIn the first quarter of 2026, the Company repurchased 343,998 shares of its common stock for $1.4 million under its share repurchase program. On October 3, 2024, the Smart Sand Board of Directors approved an eighteen month share repurchase program under which the Company may purchase up to $10.0 million of its outstanding shares of common stock (the "Prior Repurchase Program"). The Prior Repurchase Program was completed on April 2, 2026.On February 23, 2026, the Company's board of directors approved a share repurchase program authorizing the Company to repurchase up to $20.0 million of its outstanding shares of common stock (the "New Repurchase Program"). The New Repurchase Program took effect on April 3, 2026 after completion of the Prior Repurchase Program and will continue through April 2, 2028. The timing, manner, price, and amount of any repurchases under the New Repurchase Program will be determined at the Company's discretion. Purchases may be effected through open market transactions, privately negotiated transactions, transactions structured through investment banking institutions, or other means. The New Repurchase Program does not obligate the Company to acquire any particular amount of shares and the New Repurchase Program may be modified or suspended at any time at the Company's discretion.On April 9, 2026, the Company's board of directors declared a special dividend of $0.10 per share of common stock, which was paid on May 5, 2026 to stockholders of record at the close of business on April 22, 2026. The dividend payment distributed approximately $3.9 million to shareholders.The Company's primary sources of liquidity include cash on hand, cash flow from operations, and available borrowings under the Company's FCB ABL Credit Facility. As of March 31, 2026, cash on hand was $19.5 million and the Company had $30.0 million in undrawn availability on the FCB ABL Credit Facility.Additional InformationInvestors are invited to view the Company's Financial Statements and Investor Presentations at www.smartsand.com. The Company also welcomes calls or emails to the Company's Chief Financial Officer, Lee Beckelman, with any specific questions.Forward-looking StatementsAll statements in this news release other than statements of historical facts are forward-looking statements that contain the Company's current expectations about its future results, including the Company's expectations regarding future sales. The Company has attempted to identify any forward-looking statements by using words such as "expect," "will," "estimate," "believe" and other similar expressions. Although the Company believes that the expectations reflected and the assumptions or bases underlying its forward-looking statements are reasonable, the Company can give no assurance that such expectations will prove to be correct. Such statements are not guarantees of future performance or events and are subject to known and unknown risks and uncertainties that could cause actual results, events or financial positions to differ materially from those included within or implied by such forward-looking statements.Factors that could cause actual results to differ materially from the results contemplated by such forward-looking statements include, but are not limited to, fluctuations in product demand, delays in the completion of certain expansion and improvement projects at the Company's existing facilities or failure to recognize the anticipated benefits of such projects, regulatory changes, adverse weather conditions, increased fuel prices, higher transportation costs, access to capital, increased competition, changes in economic or political conditions, and such other factors discussed or referenced in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2025, filed by the Company with the U.S. Securities and Exchange Commission ("SEC") on February 26, 2026, and in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed by the Company with the SEC on May 12, 2026.The reader should not place undue reliance on the Company's forward-looking statements. Any forward-looking statement speaks only as of the date on which such statement is made, and the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise, unless required by law.About Smart SandSmart Sand is a fully integrated frac and industrial sand supply and services company, offering complete mine to wellsite proppant and logistic solutions to its frac sand customers, and a broad offering of products for industrial sand customers. The Company produces low-cost, high quality Northern White sand, which is a premium sand used as a proppant to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells. The Company's sand is also a high-quality product used in a variety of industrial applications, including glass, foundry, building products, filtration, geothermal, renewables, ceramics, turf & landscaping, retail, recreation and more. The Company also offers logistics solutions to its customers through its in-basin transloading terminals and its SmartSystems wellsite storage capabilities. Smart Sand owns and operates premium sand mines and related processing facilities in Wisconsin and Illinois, which have access to four Class I rail lines, allowing the Company to deliver products substantially anywhere in the United States and Canada. For more information, please visit www.smartsand.com.SMART SAND, INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

Three Months Ended
March 31, 2026
December 31, 2025
March 31, 2025
(unaudited)
(unaudited)
(unaudited)

Revenues:




Sand revenue$         92,488
$         85,065
$         64,464SmartSystems revenue623
980
1,094Total revenue93,111
86,045
65,558Cost of goods sold:




Sand cost of goods sold85,842
73,714
61,673SmartSystems cost of goods sold1,161
1,107
1,113Total cost of goods sold87,003
74,821
62,786Gross profit6,108
11,224
2,772Operating expenses:




Selling, general and administrative10,709
13,085
9,243Depreciation and amortization569
578
619(Gain) loss on disposal of fixed asset, net(297)
264
(40)Total operating expenses10,981
13,927
9,822Operating income(4,873)
(2,703)
(7,050)Other income (expenses):




Interest expense, net(255)
(491)
(342)Other income96
120
129Total other expenses, net(159)
(371)
(213)Loss before income tax (benefit) expense(5,032)
(3,074)
(7,263)Income tax (benefit) expense(1,172)
(4,252)
16,968Net (loss) income$         (3,860)
$           1,178
$        (24,231)Net (loss) income per common share:




Basic$           (0.10)
$             0.03
$            (0.62)Diluted$           (0.10)
$             0.03
$            (0.62)Weighted-average number of common shares:     




Basic39,173
38,893
39,257Diluted39,173
40,177
39,257 SMART SAND, INC.CONDENSED CONSOLIDATED BALANCE SHEETS

March 31, 2026
December 31, 2025
(unaudited)

(in thousands)Assets


Current assets:


Cash and cash equivalents$         19,454
$         22,551Accounts receivable28,396
30,519Unbilled receivables121
—Inventory30,235
31,081Prepaid expenses and other current assets4,824
3,991Total current assets83,030
88,142Property, plant and equipment, net222,361
223,254Operating lease right-of-use assets25,382
23,471Intangible assets, net4,094
4,292Other assets798
855Total assets$        335,665
$        340,014Liabilities and Stockholders' Equity


Current liabilities:


Accounts payable$          12,497
$            9,427Accrued expenses and other liabilities22,820
17,544Deferred revenue1,041
9,838Current portion of long-term debt4,749
4,366Current portion of operating lease liabilities9,051
8,765Total current liabilities50,158
49,940Long-term debt9,156
8,657Long-term operating lease liabilities15,908
14,392Deferred tax liabilities, net3,206
4,188Asset retirement obligations22,760
22,472Other non-current liabilities359
668Total liabilities101,547
100,317Commitments and contingencies


Stockholders' equity


Common stock38
39Treasury stock(20,101)
(17,393)Additional paid-in capital190,021
189,031Retained earnings64,213
68,073Accumulated other comprehensive loss(53)
(53)Total stockholders' equity234,118
239,697Total liabilities and stockholders' equity     $        335,665
$        340,014 SMART SAND, INC.CONSOLIDATED STATEMENTS OF CASH FLOWS

Three Months Ended
March 31, 2026
December 31, 2025
March 31, 2025
(unaudited)
(unaudited)
(unaudited)
(in thousands)Operating activities:




Net (loss) income$            (3,860)
$             1,178
$         (24,231)Adjustments to reconcile net income to net cash provided by
operating activities:




Depreciation, depletion and accretion of asset retirement
obligations7,528
7,406
7,299Amortization of intangible assets199
201
198Loss (gain) on disposal of fixed assets(297)
264
(40)Amortization of deferred financing cost64
64
46Deferred income taxes(982)
(2,546)
16,662Stock-based compensation960
864
934Employee stock purchase plan compensation10
5
6Changes in assets and liabilities:




Accounts receivable2,123
13,671
13,015Unbilled receivables(121)
—
2,408Inventory629
518
(3,265)Prepaid expenses and other assets(721)
(1,006)
(1,712)Deferred revenue(8,797)
9,838
423Asset retirement obligation settlement—
(92)
—Accounts payable1,534
209
(4,061)Accrued and other expenses4,774
(8,204)
1,042Net cash provided by operating activities3,043
22,370
8,724Investing activities:




Purchases of property, plant and equipment(2,201)
(1,998)
(3,536)Proceeds from disposal of assets—
—
1Net cash used in investing activities(2,201)
(1,998)
(3,535)Financing activities:




Dividend payments to shareholders—
(1,978)
(7)Repayments of notes payable(1,188)
(816)
(955)Payments under finance leases (61)
(59)
(58)Proceeds from revolving credit facility—
2,000
11,000Repayment of revolving credit facility—
(2,000)
(11,000)Proceeds from equity issuance20
—
26Repurchase of treasury stock from restricted stock vesting     (1,238)
(49)
(336)Repurchase of treasury stock from Repurchase Program(1,472)
(1)
(305)Net cash used in financing activities(3,939)
(2,903)
(1,635)Net (decrease) increase in cash and cash equivalents(3,097)
17,469
3,554Cash and cash equivalents at beginning of period22,551
5,082
1,554Cash and cash equivalents at end of period$           19,454
$           22,551
$            5,108Non-GAAP Financial MeasuresContribution MarginThe Company also uses contribution margin, which is defined as total revenues less costs of goods sold excluding depreciation, depletion and accretion of asset retirement obligations, to measure its financial and operating performance. Contribution margin excludes other operating expenses and income, including costs not directly associated with the operations of the Company's business such as accounting, human resources, information technology, legal, sales and other administrative activities. Management believes that reporting contribution margin and contribution margin per ton sold provides useful performance metrics to management and external users of the Company's financial statements, such as investors and commercial banks, because these metrics provide an operating and financial measure of the Company's ability, as a combined business, to generate margin in excess of its operating cost base.Gross profit is the GAAP measure most directly comparable to contribution margin. Contribution margin should not be considered an alternative to gross profit presented in accordance with GAAP. Because contribution margin may be defined differently by other companies in the industry, the Company's definition of contribution margin may not be comparable to similarly titled measures of other companies, thereby diminishing its utility. The following table presents a reconciliation of gross profit to contribution margin.
Three Months Ended
March 31, 2026
December 31, 2025
March 31, 2025
(in thousands, except per ton amounts)Revenue$         93,111
$         86,045
$         65,558Cost of goods sold87,003
74,821
62,786Gross profit6,108
11,224
2,772Depreciation, depletion, and accretion of asset retirement     
obligations included in cost of goods sold7,081
6,784
6,805Contribution margin$         13,189
$         18,008
$           9,577Contribution margin per ton$             8.84
$           12.18
$             8.96Total tons sold1,492
1,478
1,069EBITDA and Adjusted EBITDAEBITDA is defined as net income, plus: (i) depreciation, depletion and amortization expense; (ii) income tax expense (benefit) and other results of operations based taxes; and (iii) interest expense. Adjusted EBITDA is defined as EBITDA, plus: (i) gain or loss on sale of fixed assets or discontinued operations; (ii) integration and transition costs associated with specified transactions; (iii) equity compensation; (iv) acquisition and development costs; (v) non-recurring cash charges related to restructuring, retention and other similar actions; (vi) earn-out, contingent consideration obligations; and (vii) non-cash charges and unusual or non-recurring charges. Adjusted EBITDA is used as a supplemental financial measure by management and by external users of the Company's financial statements, such as investors and commercial banks, to assess:the financial performance of the Company's assets without regard to the impact of financing methods, capital structure or historical cost basis of such assets;the viability of capital expenditure projects and the overall rates of return on alternative investment opportunities;the Company's ability to incur and service debt and fund capital expenditures;the Company's operating performance as compared to those of other companies in its industry without regard to the impact of financing methods or capital structure; andthe Company's debt covenant compliance, as Adjusted EBITDA is a key component of critical covenants to the FCB ABL Credit Facility.Management believes that the presentation of EBITDA and Adjusted EBITDA will provide useful information to investors in assessing the Company's financial condition and results of operations. Net income is the GAAP measure most directly comparable to EBITDA and Adjusted EBITDA. EBITDA and Adjusted EBITDA should not be considered alternatives to net income presented in accordance with GAAP. Because EBITDA and Adjusted EBITDA may be defined differently by other companies in the Company's industry, the Company's definitions of EBITDA and Adjusted EBITDA may not be comparable to similarly titled measures of other companies, thereby diminishing their utility. The following table presents a reconciliation of net (loss) income to EBITDA and Adjusted EBITDA for each of the periods indicated.
Three Months Ended
March 31, 2026
December 31, 2025
March 31, 2025
(in thousands)Net (loss) income$         (3,860)
$           1,178
$        (24,231)Depreciation, depletion and amortization7,439
7,166
7,205Income tax expense (benefit) and other taxes     (1,172)
(4,252)
16,968Interest expense394
657
372EBITDA$           2,801
$           4,749
$              314Net (gain) loss on disposal of fixed assets(297)
264
(40)Equity compensation913
784
859Acquisition and development costs71
1,000
—Accretion of asset retirement obligations288
269
293Adjusted EBITDA$           3,776
$           7,066
$           1,426Free Cash FlowFree cash flow, which is defined as net cash provided by operating activities less purchases of property, plant and equipment, is used as a supplemental financial measure by the Company's management and by external users of the Company's financial statements, such as investors and commercial banks, to measure the liquidity of its business.Net cash provided by operating activities is the GAAP measure most directly comparable to free cash flow. Free cash flow should not be considered an alternative to net cash provided by operating activities presented in accordance with GAAP. Because free cash flows may be defined differently by other companies in the Company's industry, the Company's definition of free cash flow may not be comparable to similarly titled measures of other companies, thereby diminishing its utility. The following table presents a reconciliation of net cash provided by operating activities to free cash flow.
Three Months Ended
March 31, 2026
December 31, 2025
March 31, 2025
(in thousands)Net cash provided by operating activities$           3,043
$         22,370
$           8,724Purchases of property, plant and equipment     (2,201)
(1,998)
(3,536)Free cash flow$              842
$         20,372
$           5,188 Investor Contacts:Lee Beckelman
Chief Financial Officer
(281) 231-2660
lbeckelman@smartsand.com View original content to download multimedia:https://www.prnewswire.com/news-releases/smart-sand-inc-announces-first-quarter-2026-results-302770064.htmlSOURCE Smart Sand, Inc. Original: Smart Sand, Inc. Announces First Quarter 2026 Results

SMART SAND, INC. DECLARES SPECIAL DIVIDEND OF $0.10 PER SHAREApril 9, 2026 4:00 PM
PR Newswire (US)

YARDLEY, Pa., April 9, 2026 /PRNewswire/ -- Smart Sand, Inc. (NASDAQ: SND) ("Smart Sand" or the "Company") announced today that its board of directors has declared a special cash dividend on the Company's common stock of $0.10 per share, payable on May 5, 2026, to stockholders of record as of the close of business on April 22, 2026.







"We are pleased to continue returning capital to our stockholders through this dividend," said Charles Young, the Company's Chief Executive Officer. "Our ongoing focus on cost discipline, operational efficiency, and maintaining a strong balance sheet positions us to continue evaluating opportunities to return value to stockholders over time."About Smart Sand:Smart Sand is a fully integrated frac and industrial sand supply and services company, offering complete mine to wellsite proppant and logistics solutions to our frac sand customers, and a broad offering of products for industrial sand customers. The Company produces low-cost, high quality Northern White sand, which is a premium sand used as a proppant to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells. The Company's sand is also a high-quality product used in a variety of industrial applications, including glass, foundry, building products, filtration, geothermal, renewables, ceramics, turf & landscaping, retail, recreation and more. The Company offers logistics solutions to its customers through in-basin transloading terminals and its SmartSystems™ wellsite storage and sand management capabilities. Smart Sand owns and operates premium sand mines and related processing facilities in Wisconsin and Illinois, which have access to four Class I rail lines, allowing the Company to deliver products substantially anywhere in the United States and Canada. For more information, please visit www.smartsand.com.Contact:Lee Beckelman
Phone: (281) 231-2660
Email: lbeckelman@smartsand.com



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Original: SMART SAND, INC. DECLARES SPECIAL DIVIDEND OF $0.10 PER SHARE

Smart Sand, Inc. to Participate in the Lytham Partners 2026 Industrials & Basic Materials Investor Summit on April 1, 2026March 23, 2026 4:00 PM
PR Newswire (US)

YARDLEY, Pa., March 23, 2026 /PRNewswire/ -- Smart Sand, Inc. (NASDAQ: SND) (the "Company" or "Smart Sand"), a fully integrated frac and industrial sand supply and services company, a low-cost producer of high quality Northern White sand, and a proppant logistics solutions provider through both its in-basin transloading terminals and SmartSystems™ products and services, today announced that it will participate in a webcast presentation at the Lytham Partners 2026 Industrials & Basic Materials Investor Summit, taking place virtually on Wednesday, April 1, 2026.







The webcast will take place at 1:00 p.m. ET on Wednesday, April 1, 2026. The webcast can be accessed by visiting the conference home page at https://lythampartners.com/ibmsummit26/ or directly at https://lythampartners.com/ibmsummit26/snd/. A replay will also be available through the same links.About Smart SandSmart Sand is a fully integrated frac and industrial sand supply and services company, offering complete mine to wellsite proppant and logistics solutions to our frac sand customers, and a broad offering of products for industrial sand customers. The Company produces low-cost, high quality Northern White sand, which is a premium sand used as a proppant to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells. The Company's sand is also a high-quality product used in a variety of industrial applications, including glass, foundry, building products, filtration, geothermal, renewables, ceramics, turf & landscaping, retail and recreation. The Company offers logistics solutions to our customers through its in-basin transloading terminals and SmartSystems™ wellsite storage and sand management capabilities. Smart Sand owns and operates premium sand mines and related processing facilities in Wisconsin and Illinois, which have access to four Class I rail lines, allowing the Company to deliver products substantially anywhere in the United States and Canada. For more information, please visit www.smartsand.com.Investor Contacts:
Lee Beckelman
Chief Financial Officer
(281) 231-2660
lbeckelman@smartsand.com



View original content to download multimedia:https://www.prnewswire.com/news-releases/smart-sand-inc-to-participate-in-the-lytham-partners-2026-industrials--basic-materials-investor-summit-on-april-1-2026-302722399.htmlSOURCE Smart Sand, Inc.

Original: Smart Sand, Inc. to Participate in the Lytham Partners 2026 Industrials & Basic Materials Investor Summit on April 1, 2026

SND BIG GAPPA

SND THE OIL SERVICE MONSTER STOCK

SND THE MONTHLY TRENDING MONSTER

SND MONSTER BREAK OUT

SND the monster trend

SND the monster trend backed by a profitable company

SND FULL OUT WEEKLY AND MONTHLY BREAK OUT IN COMING

SND monster stock

SND monster continues its trend

SND monthly blue sky

SND. Boom. 💥 monthly break

SND such a beautiful trend in place

SND beautiful trend above the weekly

SND. Beautiful day

SND breakout

SND breaking 3.00. Not too often a monthly monster appears

SND back in as we breakout on the monthly

SND top in

DDC aiming for 10,000 BTC by 2025 puts them in serious corporate treasury territory. Wonder how realistic that target feels to others here.

SND daily weekly and monthly turning

$3.43 nice

$SND
https://twitter.com/quabbinr/status/1495749421513990146?s=21

prices higher due to debt ceiling stalemate in US, looking for a double of this SP by end of month, Pelosi date provided Oct 31, shakey US leadership makes gold a good hold until debt ceiling is resolved and maybe after infrastructures vote if passed due to inflation, perfect storm? all imo

4:13p ET 10/4/2021 - PR Newswire
Sandstorm Gold Royalties Announces 2021 Third Quarter Sales
Mentioned: SAND
Designated News Release

Sandstorm Gold Ltd. ("Sandstorm Gold Royalties" or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to announce that the Company sold approximately 15,500 attributable gold equivalent ounces1 and realized preliminary revenue2 of $27.6 million during the three months ended September 30, 2021. Preliminary cost of sales, excluding depletion2 for the three month period was $3.7 million resulting in cash operating margins1 of approximately $1,540 per attributable gold equivalent ounce1.

Note 1Sandstorm Gold Royalties has included certain performance measures in this press release that do not have any standardized meaning prescribed by International Financial Reporting Standards ("IFRS") including (i) attributable gold equivalent ounces and (ii) cash operating margin. The presentation of these non-IFRS measures is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. Other companies may calculate these non-IFRS measures differently. Note these figures have not been audited and are subject to change. (i) As the Company's operations are primarily focused on precious metals, the Company presents attributable gold equivalent ounces as it believes that certain investors use this information to evaluate the Company's performance in comparison to other mining companies in the precious metals mining industry who present results on a similar basis. The Company's royalty and other commodity stream revenue, including adjustments for contractual income relating to those interests, is converted to an attributable gold equivalent ounce basis by dividing the royalty and other commodity stream revenue, including adjustments for contractual income relating to those interests, for that period by the average realized gold price per ounce from the Company's gold streams for the same respective period. These attributable gold equivalent ounces when combined with the gold ounces sold from the Company's gold streams equal total attributable gold equivalent ounces sold and may be subject to change. (ii) The Company presents cash operating margin as it believes that certain investors use this information to evaluate the Company's performance in comparison to other companies in the precious metals mining industry who present results on a similar basis. Cash operating margin is calculated by subtracting cost of sales, excluding depletion from Total Sales, Royalties, and Income from other interests and dividing this figure by attributable gold equivalent ounces sold ([$27.6 million - $3.7 million]/15,500 attributable gold equivalent ounces). Total Sales, Royalties and Income from Other Interests is calculated by taking total revenue which includes Sales and Royalty Revenue, and adding contractual income relating to royalties, streams and other interests excluding gains and losses on dispositions. The Company presents Total Sales, Royalties and income from other interests as it believes that certain investors use this information to evaluate the Company's performance in comparison to other streaming and royalty companies in the precious metals mining industry.Note 2These figures have not been audited and are subject to change. As the Company has not yet finished its quarter-end close procedures, the anticipated financial information presented in this press release is preliminary, subject to final quarter-end closing adjustments, and may change materially.

https://www.prnewswire.com/news-releases/sandstorm-gold-royalties-announces-2021-third-quarter-sales-301392205.html

Big opportunity in quality gold companies, with crypto weakness, high energy prices and infrastructure bill chaos in US Congress, all imo

SND will have a blowout quarter at the top line and bottom line. Business is booming.

T+35 tomorrow since it was shorted at $4

Probably going to jump IMO!!

I completely agree!! WAY undervalued here!!

$SND

$SND: Energy stock will be in high demand for a long time. If you are into energy stock, take a look at $SND. They won a $35M lawsuit in cash. Now cash on hand is $46M. Their projected revenue is over $150M, and their market cap is $143M with low OS of 43M that is mainly owned by insiders.

It is true that we have an EV revolution and electrification is growing, don't lose sight, however, of the fact that over 90% of vehicles to be sold in the US between light-duty and heavy-duty in this decade and beyond are going to be internal combustion engines.

Wow. This is a pure gold. Although I am a green guy, but I also understand the need for companies like SND for many years to come to serve our economy. Without the EV euphoria, this stock will be at $20+.

Been calling this one for a while!! To the moon today!!!

$35M in cash plus 2022-2023 deal. The cash payment is 25% of current market cap. Wow.

https://finance.yahoo.com/news/smart-sand-inc-enters-35-100000170.html

These prices wont last long IMO! WAY undervalued IMO!

In case you missed it, this is huge...

https://www.globenewswire.com/news-release/2021/06/04/2242231/0/en/Smart-Sand-Inc-Wins-Favorable-Verdict-in-Dispute-With-U-S-Well-Services-LLC.html

https://soccernurds.com/uncategorized/4384131/frac-sand-market-2021-booming-across-the-globe-by-share-growth-size-key-segments-and-forecast-to-2026/

https://www.google.com/amp/s/oilprice.com/Energy/Energy-General/North-American-Fracking-Activity-Soars-To-Near-Pre-Pandemic-Levels.amp.html

Smart Sand (SND) PT Raised to $3.50 at B.Riley

https://www.streetinsider.com/Analyst+PT+Change/Smart+Sand+%28SND%29+PT+Raised+to+%243.50+at+B.Riley/18098415.html?classic=1

$SND could have a massive quarter with a very positive guidance due to the very high energy demand. Oil & gas are not going away anytime soon.

I hope you bought under $2 because this is going to bottom out

Bought $800K - No Brainer, Undervalued 10x Bagger

The financials:
$88M Market Cap
$36 Net Income (2020)
5 year trend of consistently increasing revenue and income growth, record year in 2020.

39M Outstanding Shares (share count is gradually decreasing, probably buy-backs)
23M Float

Based on the book value, this thing is worth around $7.00 (or $14 if you are using the float only). The price is going to go higher after it reaches book value. It'll realistically probably go up to $20-$30 or more.

I've finished my weeks-long purchases in the cheap, so there is no longer any need to hide this gem anymore.

Scanner alert

cup & handle developing, bullish chart internals

Pop back to $4 coming!!!! Earnings should be better than last quarter

SND - Bullish Momentum Starting. Retracement Of Drop?

Smart Sand, Inc. owns and operates a raw frac sand mine and related processing facility near Oakdale, Wisconsin. It supplies industrial sand to the oil and gas industry. The company was founded in 2011 and is headquartered in The Woodlands, TX .

SHORT INTEREST
3.92M 07/31/19

P/E Current
4.91

P/E Ratio (with extraordinary items)
3.51

P/E Ratio (without extraordinary items)
4.81

Average Recommendation: HOLD

Average Target Price: 4.61

* * $SND Video Chart 11-08-18 * *

Link to Video - click here to watch the technical chart video

Numbers are great and up to 2 million shares will be getting bought back, it's going to be a wonderful Xmas.

Peace out.

I am new to this company. Can anyone comment on why the stock has
declined so much as it appears there volumes are increasing, gross profit
Is staying the same. If they earn over say .60 per share, wouldn’t it be
reasonable to say this stock should be $5.00 + .
Bought a few shares at 3.00 .
Steelman

bought just under 1 million shares the last two days....thank you shorts and your bogus analist as i see your in sh%T deep on this one....trust me its going to cost yout mightly to cover.