Emerge Energy Services Lags Behind Peers in Second Quarter
Just about everything that Emerge Energy Services (NYSE: EMES) has predicted concerning the frack-sand market has come true so far this year. Yet somehow, the company hasn't been able to turn those predictions into a profitable quarter. That's especially concerning when its competitors have already turned the corner earningswise.
Let's take a look at Emerge's most recent quarter, and try to figure out what was keeping the company's operations from turning a profit.
Image source: Getty Images.
Source: Fool.com
