A few weeks ago, we wrote an article about Hi-Crush Partners LP, (HCLP), a fairly new stock which is prospering in the rapidly growing frac sand niche market. One of HCLP's competitors, Emerge Energy Services LP, (EMES), just went public in May 2013, and is also doing very well in this niche market. Due to their high dividend yields and attractive metrics, both EMES and HCLP are listed in the Basic Materials section of our High Dividend Stocks By Sector Tables.
Unlike HCLP, EMES is a mixed play on fracking sand, as it also has a fuel segment which currently delivers the majority of its revenues. However, EMES's management is firmly committed to growing its Sand segment. Here's why - even though the Sand segment was only 15% of EMES's revenues through the 1st 9 months of 2013, it contributed 76% of the firm's Operating Profit. The Sand segment also increased its revenue by over 100%, vs. the first 9 months of 2012.
Source: Seeking Alpha
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