Hi-Crush Partners Returns to Profitability in a Big Way

Hi-Crush Partners Returns to Profitability in a Big Way

Investors had unreasonably high hopes for Hi-Crush Partners (NYSE: HCLP) coming into 2017. Rig counts were rising fast, and we all assumed that would translate to higher revenue and earnings for the frack sand producers. Up until now, only one part of that equation was true. In its most recent quarter, all of the pieces finally came together as the company posted a profit and even hinted at starting to pay a distribution again.

Let's take a look at Hi-Crush's Q2 to see how everything seemed to fall the company's way, and what we can expect in the coming quarters.

Image source: Getty Images.

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Source: Fool.com